Cooperation between Tencent and Alibaba within China is rare. But Tencent Music and Entertainment Group and Ali Music both have exclusive rights to music that the other services want to add to their offerings. Photo: AFP

Alibaba, Tencent collaborate on music streaming, with potential to remake industry

The licensing between Alibaba and Tencent on music licensing may put an end to the era of free-to-stream music while reshaping the market, says analyst

Topic |   Alibaba

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Cooperation between Tencent and Alibaba within China is rare. But Tencent Music and Entertainment Group and Ali Music both have exclusive rights to music that the other services want to add to their offerings. Photo: AFP
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