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Sony’s China Deal With NetEase Challenges Tencent’s Music Dominance

By Juro Osawa
· · Source: The Information

Sony Music Entertainment announced a new digital distribution partnership in China with local internet firm NetEase. The move is the latest challenge to Tencent’s dominance in China’s music streaming market. Sony Music also said it will extend its existing digital distribution agreement with Tencent Music Entertainment in China, but Tencent no longer is the exclusive Chinese online distributor...

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