Universal Music Group Inks Major Licensing Deal With TenCent in China

READ ON: Variety
Universal, the world’s largest music company, today announced a huge licensing agreement that will see its music distributed in China by Tencent Music Entertainment Group on the streaming platforms, QQ Music, KuGou and Kuwo. Tencent will also sub-license UMG’s content to third-party music service providers in the country, and promote its music on Tencent online properties...
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