Tencent Music

Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to try to avoid closing down after failing to secure fresh funds

Tencent Music Entertainment Group said it will create a joint venture record label with Warner Music in China, after reporting better-than-expected revenue on higher subscriptions in the 4th quarter

More banks could be added to the share sale and details including size and timeline could still change

The music arm of tech giant Tencent Holdings is looking to raise between $1.07 billion and $1.23 billion in a New York Stock Exchange IPO,

Tencent Music makes money via subscription, advertisement and sub-licensing its content