Analysis: Tencent’s Move to Buy 10% of UMG Shows the Global Music Business Is In Excellent Health

When looking at the implications of this deal, it is clear to both investors and industry insiders that the big winner here, long term, is Tencent. Tencent and its investors know the global recorded music business has been on an upward trajectory thanks to the adoption of streaming and better digital connectivity in emerging territories.

Source: Tencent’s Move to Buy 10% of Universal Music Group Shows the Global Music Business Is In Excellent Health

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