Music Licensing
Tencent Music Entertainment, Universal Music Announced Extended ‘Multi-Year’ Licensing Agreement
Tencent Music Entertainment Group (Tencent Music or TME, NYSE: TME) and Universal Music Group (UMG), early last month, announced ‘a multi-year extension of their licensing agreement’. Both leading music entertainment bodies also announced a new joint venture music label, dedicated to reaching audiences across China through cultivating, developing, producing, and showcasing highly talented domestic artists and their premium original music. According…
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