China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters
China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters
Tencent

Tencent ends exclusive music partnerships, bowing to regulators as rivals NetEase and Kuaishou jump in

  • Tencent Music said its exclusive licensing deals with labels had come to an end as of August 23, as ordered by China’s antitrust watchdog
  • Short video app Kuaishou struck a new deal with Warner Music this week, and music streaming rival NetEase also welcomed the move

Topic |   Tencent
China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters
China's Tencent Music Entertainment Group announces that it terminated all exclusive licensing deals with copyright holders. Photo: Reuters
READ FULL ARTICLE