Tencent Music Entertainment Revenue Grew 8% to $1B in Q4 as Subscribers Reach 121 Million
Tencent Music Entertainment has demonstrated strong growth in its online music segment, with a revenue increase due to subscriptions and advertising, signaling a successful strategic focus.
On-demand audio streaming steadily rising in U.S. (Luminate)
The U.S. on-demand audio streaming market has impressively surged into the 25 billion range weekly, showcasing a steadily growing demand for diverse music genres.