Tencent Music

Tencent Music Entertainment Group Announces Senior Management Changes

Retrieved on: 
Friday, March 22, 2024

We appreciate his contributions and wish him well in all future pursuits," said Mr. Cussion Pang, Executive Chairman of TME.

Key Points: 
  • We appreciate his contributions and wish him well in all future pursuits," said Mr. Cussion Pang, Executive Chairman of TME.
  • Ms. Hu currently serves as our Chief Financial Officer, in charge of our finance and corporate IT functions.
  • Ms. Hu has more than 20 years of comprehensive experience in finance, such as financial management, capital operation, operation management, mergers and acquisitions, internal control and internal audit.
  • Prior to joining TME, Ms. Hu served various controller roles in Tencent's business groups from 2007 to 2016.

TME Chart 2023 Year-End Charts Officially Unveiled, Featuring Notable Artists including Joker Xue, Zhou Shen and Tia Ray

Retrieved on: 
Friday, January 26, 2024

SHENZHEN, China, Jan. 25, 2024 /PRNewswire/ -- TME Chart, one of the brand of Tencent Music Entertainment Group, officially released the TME Chart 2023 Year-End Charts on January 23rd, featuring three main categories: General Chart, Uni Chart, and Wave Chart.

Key Points: 
  • SHENZHEN, China, Jan. 25, 2024 /PRNewswire/ -- TME Chart, one of the brand of Tencent Music Entertainment Group, officially released the TME Chart 2023 Year-End Charts on January 23rd, featuring three main categories: General Chart, Uni Chart, and Wave Chart.
  • A major overhaul characterized the 2023 Year-End Charts, sponsored by JD Supermarket, to present the TME Chart Year-End Chart special series.
  • Furthermore, TME Chart 2023 Year-End Charts combine the comprehensive results from both the Uni Chart and Wave Chart to select and present the Top 10 Songs and Top 10 Artists of the year.
  • The Top 10 Artists showcase prominent figures such as Zhou Shen, Zhang Bichen, Dao Lang, Joker Xue, and Tia Ray.

Tencent Music Entertainment Group and Universal Music Group Extend Multi-year Strategic Licensing Agreement

Retrieved on: 
Wednesday, January 3, 2024

SHENZHEN, China, Jan. 3, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, and Universal Music Group ("UMG"), the world's leading music-based entertainment company, today announced the renewal of a multi-year strategic licensing agreement, fortifying their shared commitment to creating value for artists and exceptional experiences for music lovers.

Key Points: 
  • SHENZHEN, China, Jan. 3, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, and Universal Music Group ("UMG"), the world's leading music-based entertainment company, today announced the renewal of a multi-year strategic licensing agreement, fortifying their shared commitment to creating value for artists and exceptional experiences for music lovers.
  • Under the agreement, TME continues to have access to UMG's music catalogue for QQ Music, Kugou Music, Kuwo Music, and WeSing.
  • Adam Granite, UMG's EVP of Market Development, said, "We are pleased to extend our licensing agreement with TME for the Chinese market.
  • UMG will continue to work with TME to bring the very best in music to these passionate music consumers, and to explore new ways to enhance their listening experiences."

Tencent Music Entertainment Group Announces Management Change

Retrieved on: 
Friday, December 1, 2023

SHENZHEN, China, Nov. 30, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that Mr. Lixue Shi has tendered his resignation as the Company's Group Vice President and in his other relevant roles for personal reasons, effective December 31, 2023.

Key Points: 
  • SHENZHEN, China, Nov. 30, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that Mr. Lixue Shi has tendered his resignation as the Company's Group Vice President and in his other relevant roles for personal reasons, effective December 31, 2023.
  • "On behalf of the Company, we would like to express our sincere appreciation to Lixue for his contributions to our achievements throughout his tenure.
  • His dedicated efforts in advancing the development of Kuwo Music and long-form audio business have greatly enhanced our ability to offer users an enriched user experience.
  • We are grateful for Lixue's hard work and wish him the best in his future endeavors," said Mr. Cussion Pang, Executive Chairman of TME.

The music market to grow by USD 70.02 billion from 2023 to 2028; Alphabet Inc., Amazon.com Inc., Apple Inc., and more among key companies- Technavio

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The music market size is expected to grow by USD 70.02 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 17, 2023 /PRNewswire/ -- The music market size is expected to grow by USD 70.02 billion from 2023 to 2028.
  • The increasing adoption of digital music is notably driving the music market.
  • Ltd., Universal Music Group NV, Vivendi SE, Warner Music Group Corp, Yamaha Corp., and Zee Entertainment Enterprises Ltd..
  • View PDF Sample Report
    The music production software market size is estimated to grow at a CAGR of 7.47% between 2022 and 2027.

Music and Video Market to grow by USD 413.28 billion from 2022 to 2027, the market is fragmented due to the presence of prominent companies like Alphabet Inc., Amazon.com Inc. and Apple Inc., and many more - Technavio

Retrieved on: 
Monday, September 18, 2023

The music and video market is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The music and video market is fragmented owing to the presence of many global and regional companies.
  • Download a FREE Sample before buying
    Amazon.com Inc.: The company offers music and video such as Amazon Prime Music.
  • Alphabet Inc.: The company offers music and video such as YouTube Music.
  • The benefits of using stock videos for visual content creation is the key driver driving the growth of the global stock video market.

This Week in Entertainment News: 13 Stories You Need to See

Retrieved on: 
Friday, August 18, 2023

NEW YORK, Aug. 18, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the entertainment and media industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • In addition to these popular releases, several must-read earnings reports crossed the wire this week, including the quarterly results for Cineverse and Tencent Music Entertainment Group .
  • To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists .
  • Subject Matter Experts: Access ProfNet , a database of industry experts to connect with as sources or for quotes in your articles.
  • Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines , for media news roundups, writing tips, upcoming events, and more.

Tencent Music Entertainment Group Announces Senior Management Change

Retrieved on: 
Monday, July 17, 2023

SHENZHEN, China, July 17, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that Mr. Cheuk Tung Tony Yip has tendered his resignation as the Company's Chief Strategy Officer and in his other relevant roles for personal reasons, effective August 31, 2023.

Key Points: 
  • SHENZHEN, China, July 17, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that Mr. Cheuk Tung Tony Yip has tendered his resignation as the Company's Chief Strategy Officer and in his other relevant roles for personal reasons, effective August 31, 2023.
  • "On behalf of the Company, we would like to express our deep gratitude to Tony for his invaluable contributions to TME's achievements over the past five years.
  • Since joining in 2018, Tony has led our two successful public listings on the New York Stock Exchange in 2018 and on the Hong Kong Stock Exchange in 2022.
  • "While I now look forward to spending more time with my family overseas and on pursuing other personal interests, I am highly confident in the TME team and the Company's future potential as China's leading online music and audio entertainment platform."

Tencent Music Entertainment Group Announces Poll Results of the 2023 Annual General Meeting

Retrieved on: 
Friday, June 30, 2023

SHENZHEN, China, June 30, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 30, 2023 and the proposed resolution set out in the notice of the AGM dated May 22, 2023 was duly passed at the AGM.

Key Points: 
  • SHENZHEN, China, June 30, 2023 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 30, 2023 and the proposed resolution set out in the notice of the AGM dated May 22, 2023 was duly passed at the AGM.

Tencent Marketing Solution and GroupM launch global Joint Business Partnership at Cannes Lions

Retrieved on: 
Thursday, June 22, 2023

At the prestigious 70th Cannes Lions International Festival of Creativity - often hailed as the "Oscars of the advertising world" - Tencent Marketing Solution (TMS) has once again seized the global spotlight.

Key Points: 
  • At the prestigious 70th Cannes Lions International Festival of Creativity - often hailed as the "Oscars of the advertising world" - Tencent Marketing Solution (TMS) has once again seized the global spotlight.
  • With this symbolic gesture, they set in motion their cooperative blueprint, marking an exciting new chapter in the TMS and GroupM global strategic partnership program.
  • The roots of GroupM's Joint Business Partnership (JBP) with Tencent Marketing Solution (TMS) trace back to 2021, marking GroupM as the inaugural agency group to strategically align with TMS following its significant strategic overhaul in 2018.
  • Leveraging its robust experience in integrated marketing, GroupM will provide advertisers with wide-ranging marketing services across Tencent's ecosystem to its global clientele.