Monday, June 15, 2020

Tencent has bought $200m stakes in Warner Music Group | Music Ally

On Friday it emerged that Chinese tech giant Tencent had bought a chunk of shares in Warner Music Group… but confusion reigned over exactly how much it had invested. The Wall Street Journal claimed it was $200m, while MBW said it was around $100m. As it turned out, both were right. Tencent Music Entertainment, the music streaming […]

The post Tencent has bought $200m stakes in Warner Music Group appeared first on Music Ally.

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