Tuesday, December 31, 2019

China's Tencent acquires 10% of Universal for almost $3.4bn

Chinese tech company Tencent has agreed to buy a 10% stake in Universal Music for $3.36 billion dollars.

 

The world's largest music company has signed global superstars such as Ariana Grande and Billie Eilish.

 

Our US correspondent Jagruti Dave reports

 

In: "Tencent is..."

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