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Sour note: Tencent Music, record labels and licensing in China
16 Sep 2019 12:00 am
The content-licensing practices of Tencent Music – far and away China’s biggest music download service – have struck a discordant note with the country’s antitrust regulator, which is looking into the company’s exclusive licensing arrangements amid concerns that they are locking competitors out of the action in the world’s 7th-largest music market. The investigation of Tencent Music – the first such Chinese probe targeting a local tech giant, and the first involving non-price vertical agreements – has roped in the world’s biggest music labels, Universal Music, Sony Music Entertainment and Warner Music, alongside such corporate heavyweights as Apple, Alibaba, Baidu, NetEase and Huawei. It’s more than an attempt to rein in the dominant player in the market; it’s set to be a game changer for the entire industry.
03 Sep 2019 12:00 am by Yonnex LiGoing after Tencent Music Entertainment is a bold step for China's competition regulator, not only because it is the country's first antitrust probe involving a domestic tech giant, but also because the case is constructed on novel legal grounds that would extend the agency's regulatory expertise.
14 Apr 2019 12:00 am by Yonnex LiUniversal Music Group, one of the world's biggest music labels, is cooperating fully with China's competition regulator in an investigation of the country's online music-licensing market, MLex has learned.
Tencent Music under large-scale Chinese probe over anticompetitive copyright agreements with global music labels12 Aug 2019 12:00 am by Yonnex LiTop music labels Universal Music Group, Sony Music Entertainment and Warner Music Group have been questioned by China's antitrust regulator over potentially anticompetitive exclusive-licensing agreements with Chinese music streaming service Tencent Music Entertainment, MLex has learned.