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billboard | March 16, 2020
Mostly unseen in the United States, Chinese music streaming company Tencent Music Entertainment continued to prove it’s a formidable force by improving revenues 34% to $3.65 billion (25.43 billion Renminbi) in 2019. Net income jumped 126.7% to $664 million. The worst weeks of the novel coronavirus in China came after the fourth quarter and full-year reporting period for the results announced Monday (March 16), but the global pandemic still loomed over an earnings call. “I wish you an...
prnewswire | September 22, 2020
Byron Allen's Allen Media Group division Entertainment Studios, one of the largest independent producers and distributors of film and television with 67 shows on the air and owner of 16 U.S. ABC-NBC-CBS-FOX network affiliate broadcast television stations and eight 24-hour HD television networks and the free AVOD streaming service Local Now serving nearly 180 million subscribers, proudly announces the renewal of its court series JUSTICE FOR ALL WITH JUDGE CRISTINA PEREZ for seven more seasons...
3wnews | June 04, 2020
The growing adoption of blockchain technology by media, advertising, and entertainment enterprises to streamline business processes such as royalty distribution, payment management, digital advertising and content license and rights management are driving the market growth. Rising demand for eliminating data and content piracy and providing secure and faster transactions also promote the adoption of blockchain across media and entertainment companies....
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prnewswire | November 03, 2020
Tencent Music Entertainment Group, the leading online music entertainment platform in China, and peermusic today announced that they have reached an exclusive digital licensing agreement to promote and distribute peermusic's publishing catalog in China. TME's users will be able to access the catalog through TME's streaming platform and other local digital platforms, which include QQ Music, Kugou Music, Kuwo Music, and WeSing.The catalog from peermusic, one of the world's largest ...
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