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After a huge loss of 800 million yuan, Kuke Music turned around and resold the piano
Recently, Kuke Music released its revised annual financial results for 2022, with a year-on-year decrease of 60% in revenue and a loss of 879 million yuan. The company stated that due to the severe i ... -
Explanation of Tencent Music's Third Quarterly Report: Breaking away from Social Entertainment "Dependency" and Making Music Subscription the Core
On the afternoon of November 14th, before the US stock market, Tencent Music Entertainment Group (TME) released its unaudited financial results for the third quarter ended September 30, 2023. Affecte ... -
Music streaming company SPOTIFY will lay off approximately 17% of employees
Music streaming company SPOTIFY will lay off approximately 17% of employees. -
Popular Chinese concept stocks mostly rose, Tencent Music rose more than 7%
Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index up 0.44% and Tencent Music up over 6%. -
Popular Chinese concept stocks mostly rose, Tencent Music rose more than 4%
Most popular Chinese concept stocks rose, with Tencent Music rising more than 4%. Ideal Automobile rose more than 2%, iQiyi, NetEase, Pinduoduo, Alibaba, Bilibili, and Baidu rising more than 1%. Futu ... -
Most of the popular Chinese concept stocks rose on Thursday, and Tencent Music rose more than 4%
On Thursday Eastern Time, the three major US stock indexes fluctuated. As of the close, the Dow Jones Industrial Average rose 0.04%, the Nasdaq rose 0.004%, and the S&P 500 index fell 0.07%. Most pop ... -
Warner Music will lay off 10% of its workforce
According to a document submitted by Warner Music on February 7th local time, Warner Music will lay off 600 employees, accounting for approximately 10% of its total workforce. Warner Music stated tha ... -
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Apple claims to have resolved issues with app store and music service interruptions
Apple claims to have resolved issues with app store and music service interruptions. -
Google launches a new AI music tool
On May 14th local time, Google announced the launch of a new set of AI music tools called "Music AI Sandbox". It will enable users to create new instrumental parts from scratch, convert sound in new ...- niyuanqiang
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Sony Music is reportedly in deep negotiations to purchase the music rights of Pink Floyd for approximately $500 million
On September 13th, it was reported that Sony Music is in deep negotiations to acquire the music rights of Pink Floyd for approximately $500 million, which is one of the most anticipated deals in the ... -
Tencent Music Entertainment Group releases its first ESG report, using music to shape a sustainable future
On September 27th, Tencent Music Entertainment Group released its first Environmental, Social, and Governance Report, Social and Governance Report， The ESG report provides a comprehensive introducti ... -
Tencent Music: Music business maintains growth, but the proportion of karaoke and live streaming businesses decreases
Tencent Music (01698) disclosed its Q3 2024 report, achieving a total operating revenue of 7.015 billion yuan, a year-on-year increase of 6.79%, a net profit of 1.709 billion yuan, a year-on-year inc ...