How Tencent’s Proposed Stake in UMG Could Impact the Wider Music Biz

If completed, Vivendi’s deal with Tencent — which owns three music streaming services in China as well as a 10% stake in Spotify through its Tencent Music division — would reverse the current dynamics between the digital services and the major labels from which they license music.

Source: How Tencent’s Proposed Stake in UMG Could Impact the Wider Music Biz

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