Tencent is stuck in a losing battle with Beijing

By August 28, 2019 Press Coverage

Excerpt: Analyst Ming Lu, who publishes on SmartKarma, reckons sublicensing accounts for 30% of Tencent Music’s total revenue, which hit roughly $3 billion in 2018.The bigger threat is to Ma’s vision of a digital media juggernaut.

Robyn Mak • (Opens in a new window) ⧉

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