With hours to go, the music business is closing out 2019 with big news: Universal Music Group, the biggest record company in the world, has sold a 10% stake — with a possibility of 10% more — to a consortium led by Chinese tech and entertainment giant Tencent. The $3.3 …
Read More »Tencent, China's Spotify, Buys a $3 Billion Slice of Universal Music
