RUMOR MILL
Wednesday, January 31, 2018
SONY STARTS EDM LABEL IN CHINA
Sony Music and China’s Tencent Music Entertainment Group have formed a label dedicated to EDM by Asian and international DJs. It is the first foray into a label for Tencent, China’s largest gaming and social media company.
The label, called Liquid State, started this week in Hong Kong and adds to the offerings at Tencent Music, which competes with Alibaba and is expected to be spun off in an IPO this year.
Tencent Music says its apps—QQ Music, Kugou Music and Kuwo Music— have 700m monthly active users. Last month, Tencent and Spotify announced a stake swap agreement to gain a minority stake in each other’s company.
VMAs BEAMING BACK
TO THE BIG APPLE Getting back to where they once belonged (4/24a)
THE COUNT: ALL THE DESERT'S A STAGE
Jon Wayne is rolling over in his grave. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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A CHORUS OF PRAISE: IVORS 2024 NOMSrumor mail
