Sony, Warner Music Invest In Tencent Ahead Of IPO

While Chinese streaming giant Tencent Music Entertainment’s announcement that it was planning to go public in the US was in and of itself major news, a revelation that both Sony and Warner Music would each be dropping a cool 200 million on the company before they even filed has served to further spice things up in the industry.

Source: Sony, Warner Music Invest In Tencent Ahead Of IPO

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