BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries. Tencent controls more than 80% of “exclusive music library resources” following its 2016 acquisition of China Music Group, the State […]
source https://www.seattletimes.com/business/chinas-tencent-ordered-to-end-exclusive-music-contracts/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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