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Asia-Focus . Media . Industry Publication

September 18, 2019

Music Press Asia: China's tech giant Tencent in talks with Vivendi to buy 10% stake of Universal Music Group whose artists include Marion Jola (pictured above), Ariana Grande and Lady Gaga.
Music Press Asia: China's tech giant Tencent in talks with Vivendi to buy 10% stake of Universal Music Group whose artists include Marion Jola (pictured above), Ariana Grande and Lady Gaga.
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Tencent Music Under Investigation By China’s Regulators

Report – China’s antitrust regulator is currently investigating Tencent’s exclusive deals, according to a report in Bloomberg published on August 27, citing concern over its music-licensing practices and possibility of threatening a competitive music market.  In less than a month after a statement from Vivendi announcing its talks of parting 10% of Universal Music Group to Tencent, Tencent Music Entertainment…

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