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tencent music entertainment

Music Streaming Giants: A Week of Ups and Downs

March 22, 2025

The stock market can be a rollercoaster, and this week was no different for music streaming companies. After a tough four weeks, things started to look up for some big names in the industry. Tencent Music Entertainment saw a significant boost. Their shares jumped by 11. 6% to $14. 00. This happened

business

Tencent Music's Streaming Boom Despite Social Slump

November 12, 2024

Tencent Music Entertainment, the biggest digital music company in China, saw its revenue grow by nearly 7% in the third quarter of 2023. This growth was largely thanks to its streaming services, which managed to increase the number of paying subscribers and the average revenue per subscriber. The co

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