Industry Aug 11, 2026
Tencent Music Reports Q2 Revenue Exceeding $1.3 Billion
In short
China's leading streaming platform reported double-digit revenue growth from music services, as it welcomed an additional $60 million in revenue from its new audiobook and podcast platform.
Originally published by
Billboard
Tencent Music, a prominent music streaming platform in China, announced its second-quarter revenue has surpassed $1.3 billion. This growth was driven by increased subscription revenue from music services and a recent acquisition. Originally reported by Billboard.