Interior view of the corporate headquarters of Tencent Holdings in Shenzhen. Photo: Imaginechina via AFP
China antitrust: Beijing orders Tencent to end exclusive music licensing deals in a first for the country
- The music arm of the Shenzhen-based company must relinquish its exclusive music rights within the next 30 days
- Tencent will be able to retain its exclusive deals with independent artists
Interior view of the corporate headquarters of Tencent Holdings in Shenzhen. Photo: Imaginechina via AFP