https://www.ft.com/content/5730d761-2a7e-470f-8bee-953b64f7775d
Spotify Rival Tencent Music Strikes Chord With Universal Music In Renewed Pact
Tencent Music Entertainment Group (NYSE: TME), an online music and audio entertainment platform in China, renewed a multi-year strategic licensing deal with Universal Music Group (OTC: UMGNF).