Friday, July 23, 2021

China's antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K (Joanna Tan/CNBC)

Joanna Tan / CNBC:
China's antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K  —  China's antitrust regulator ordered Tencent to give up its exclusive music licensing rights with international record labels …



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