Sunday, November 16, 2014

Tencent to Pair up Chinese Counterpart Warner Music for Music Streaming



(Digital Marketing Agency, thesnsgroup.com)- China’s Tencent Holding Ltd has finally struck a distribution deal with Warner Music Group to provide streaming licensed music to users for the sack of online piracy settlement.

“In a statement, the two companies said the deal would help music companies and artists by giving consumers better access to licensed music,” Reuter reported.

“Under the deal, Tencent will also help promote WMG's artists through its video service, social networks and PC and mobile games.”

However, both firms did not disclose the terms of the deal.

No comments:

Post a Comment