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Digital Economy

Tencent Music plans a listing on the Hong Kong Stock Exchange in the coming weeks

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Tencent Music, which is already trading on the New York Stock Exchange, is planning a secondary listing on the Main Board of the Hong Kong Stock Exchange as soon as next week, according to a Bloomberg report.

Bloomberg said the company is working with advisors on the project and that "marketing activities may start in the coming days." Very few additional details were disclosed about the listing.

In non-related news, Tencent Holdings as well as competitor NetEase, have received a license ...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Zebralution promotes Tina Jürgens to COO

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Zebralution has appointed Tina Jürgens as COO of the GEMA-owned digital distribution company for independent labels and artists. She will be part of the management team, alongside Founder and CEO Kurt Thielen and co-Founder and President & General Counsel Sascha Lazimbat.

Jürgens was previously Managing Director of the Zebralution subsidiary zebra-audio.net. In her new position, Jürgens will conbtinie to be based in Berlin and reports to Thielen.

Luisa Abraham, who served most r...

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Creative Industries

Quotes of the week — Week 37, 2022

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"I don't know what to say. What a dump."By Elton John, taking to the stage at the White House where he was presented by President Joe Biden with the National Humanities Medal, during an event on the South Lawn of the White House, drawing laughter from the audience. He went on to perform 'Your Song', 'Rocket Man', 'Tiny Dancer' and 'Crocodile Rock'. John was unaware that he was receiving a medal as President Biden and first lady Jill Biden invited him to the White House to thank him for his musi...

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Creative Industries

Key figures — Week 37, 2022

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1.68 billion

That's the estimated number of SVoD subscriptions in the world by 2027, up from 1.2 billion in 2021, according to a report from Digital TV Research. By 2027, SVoD global revenues will reach $132 billion.

€364.4 million

That's the value of the French recorded music market in the first half of the year, up 8.2% compared to the same period the year before, according to statistics published by trade organisation SNEP. Digital accounted for €282m during the period, up 14% year-...

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