Tencent Music

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Tencent Music Entertainment has over 800 mn monthly active users but only 4% pay for their services
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“I am delighted to report another record-breaking increase in payments to our global membership” -Charles Caldas, CEO, Merlin
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Tencent Music Entertainment Group’s revenue jumps to $834.73 mn in Q1 of 2019
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Tencent Music Entertainment Group’s earnings report reveal falling stock prices
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The Year in Review 2018: Top International Music Business Moves
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Spotify’s shares tumble, loses $14.2 bn in market cap since July
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Tencent Music files for US IPO, aims to raise $1 billion
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Tencent Music prepares for U.S. Flotation
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