Industry May 12, 2026
Tencent Music Reports $1.15B Q1 Revenue, Doubles-Down on Concerts, Merch, Membership
"We are transitioning to a membership based model that goes beyond content subscriptions to deliver more immersive music experiences."
Originally published by
Billboard
Tencent Music announced its first-quarter revenue reached $1.15 billion. The company is focusing on expanding its offerings in concerts, merchandise, and membership services. Originally reported by Billboard.