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Sour note: Tencent Music, record labels and licensing in China
16 September 2019 00:00
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 September 2019 00:00 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 April 2019 00:00 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 August 2019 00:00 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.
David Plott Managing Editor, Asia
David is a longtime veteran of Dow Jones and worked for them in the U.S., Europe and Asia, serving as senior news editor for Dow Jones Newswires in Asia and later editor of the Far Eastern Economic Review. He was also deputy director of the Journalism and Media Studies Centre at The University of Hong Kong. He helped found Global Asia, a quarterly journal on international affairs, in 2005 and continues to serve as its... Read more
Yonnex Li Chief Correspondent, Greater China
Yonnex has an MA in Journalism from the Chinese University of Hong Kong, after obtaining a BA in Translation at the same university. At MLex, she writes extensively on antitrust developments in the Greater China region, including investigations, court cases and merger control of international transactions. Prior to joining MLex, she worked as a reporter at the English division of the Hong Kong Economic Journal, providing coverage and analysis on China's banking sector, asset management... Read more