Tencent Music Entertainment Group (TME) is the leading online music entertainment platform in China, formed in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. The company operates the top four music mobile applications in the country, catering to a diverse user base with over 800 million monthly active users. TME offers a comprehensive suite of services, including online music streaming, karaoke, and music-centric live streaming, all designed to enhance user engagement. The platform integrates social interactions such as sharing, liking, commenting, and virtual gifting, which complement the core music experience. This focus on social connectivity not only enriches the listening experience but also increases user retention and engagement across its services. Tencent holds a majority stake in TME, ensuring significant influence over its operations and direction.
Pex specializes in digital rights technology. It ensures transparency and accuracy in attribution by bringing together all stakeholders and industries to license and manage content. Its advanced technology operates at unprecedented speed and scale, enabling transactions that were previously thought impossible. By radically simplifying licensing on a global scale, Pex empowers digital platforms to make real-time decisions about content, enables creators to utilize copyrighted content without fear, and ensures rightsholders can be properly credited and compensated. Pex builds solutions and technologies that are inclusive and equitable.
Lazy Audio
Acquisition in 2021
Lazy Audio is a comprehensive audio platform providing entertainment in the forms of audiobooks, Chinese comedy, podcasts and other radio shows to customers. It monetizes via different channels, including pay per title, subscription payment for content, and advertising. Lazy Audio has developed into a thriving community with strong user interactions and engagement, providing superior content and services to audio users across China. Lazy Audio has a highly-scalable user base, making it one of the leading audio platforms in China.
Universal Music Group is the largest music corporation in the world. It seeks out and develops songwriters and recording artists. They delight and entertain fans all over the world by producing, distributing, and promoting the most critically acclaimed and commercially successful music.
Wave focuses on interactive virtual experiences with a mission to help artists make money at the intersection of gaming and entertainment. Wave’s technology enables musicians to create lifelike avatars of themselves that can “perform” their music on a virtual stage. Most of these virtual shows take place either on the company’s YouTube channel, but Wave’s apps let users tune in on gaming consoles, phones or even the Oculus Rift VR headset. While watching a Wave, viewers can log in to comment in a chat function and give live feedback to the avatar performers.
Warner Music Group is a music company with an interest in recording and publishing music and the artist services industry it operates through numerous international affiliates and licensees.
Douban FM hopes to help users explore some unknown music that may be of interest to them, and multi-dimensional and human intervention algorithms are very important. Douban FM has been in existence for 10 years since its launch in 2009, and has accumulated a lot of user data. In addition, based on the premise of Douban FM and Douban main account interoperability, FM will also capture the user's data in the book audio and video to form a multi-dimensional recommendation.
Ultimate Music is a digital music content and service integrator company. Ultimate Music is a music integration service platform operated by Tencent Music Entertainment Group that specializes in B-side music. Ultimate Music assists partners in developing industry-leading music solutions and providing users with high-quality music experiences in a variety of scenarios.
SMALL TECH is a social game that incorporates many wechat social features with a base in the online cultivation of immortals. They offer a range of gaming items.
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