Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its prospectus filed ahead of the IPO, […]
View More Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costsCategory: Universal-Music-Group
Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs
Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December, reported a net loss of 876 million yuan ($127 million) in its first set of quarterly results since going public. The loss, which TME forecasted in its prospectus filed ahead of the IPO, […]
View More Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costsPop star turned entrepreneur Starshell raises $1 million for her Birthday Girl World
For the singer-songwriter Starshell, a one-time protege of Mary J. Blige, success comes in many guises — and the latest is startup entrepreneur.
Her song “Birthday Girl“, resonated so strongly with fans, says the singer born LaNeah Menzies, that it became something of an anthem. And Menzies has turned that anthem into a business.
Her site, Birthday Girl World, saw 208,740… Read More
Facebook and Universal Music Group’s new partnership will allow for user-gen videos with licensed music, new social features
Facebook today announced a first-of-its-kind licensing deal with Universal Music Group that will allow users across its properties – including Facebook, Instagram and Oculus – to use Universal Music in the videos they upload and share. The deal will also allow Facebook to introduce new “music-based products” across platforms, also including Messenger, the companies… Read More