Tencent Music Sucks Customer Reviews and Feedback
Tencent Music Entertainment Group (TME) is a company that develops music streaming services for the Chinese market. This is a joint venture between Tencent and Spotify. Their apps, including QQ Music, Kugou, and Kuwo, have more than 700 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China.
Tencent Music Entertainment Group is currently under investigation by China’s antitrust authority, according to a report in Bloomberg published today (August 27), citing people familiar with the matter. According to people cited in the article, the investigation could “bring an end to exclusive licensing deals it forged with the world’s biggest record labels”.
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In The News
Motley Fool reports"Tencent Music's Universal Music Deal Could Hurt Alibaba and NetEase"
Motley Fool reports"A Closer Look at Bilibili's Partnerships With Tencent Music and Alibaba"
Yahoo Finance reports"Tencent Music Analysts See Livestream Regulation Hurting Revenue"
The Motley Fool reports"Forget Tencent Music, Spotify Is a Better Streaming Music Stock"