Chinese regulators have suspended an antitrust probe of China’s largest streaming service, Tencent Music, after a yearlong investigation, Bloomberg reported, citing people familiar with the matter. That’s good news for Tencent Music as the results of the investigation could have threatened its position as the master license holder for most foreign music. Bloomberg previously reported on the...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators