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December 18, 2020 09:13 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zU9qtM1reeA/
Tencent-led consortium will lift stake in Universal Music to 20%
Tencent is further strengthening its ties with music giant Universal Music Group as it continues to dominate the Chinese music streaming market. A consortium led by Tencent and comprising Tencent Music Entertainment, the internet giant’s music spinoff, is set to buy an additional 10% equity stake in UMG from French media conglomerate Vivendi SA, TME […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zU9qtM1reeA/
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