News

CEO Cheol-hyuk Jang said SM aims to create “a comprehensive idol success model” in partnership with Tencent Music.
Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of ...
Good evening, good morning, and welcome to Tencent Music Entertainment Group's Second Quarter 2025 Earnings Conference Call. I'm Millicent T., Head of IR. We announced our quarterly financial results ...
While Tencent Music’s total number of monthly average users fell 3% to 551 million, the number of subscribers rose 6.3% to 124.4 million. That drove a 17% year-over-year increase in music ...
NetEase Cloud Music’s lawsuit against SM Entertainment, one of South Korea’s biggest K-pop companies, became a trending topic ...
In January, NetEase Cloud Music secured a temporary deal to keep SM’s catalog available beyond the January 31 contract ...
SM Entertainment (hereafter SM, CEO: Jang Cheol-hyuk and Tak Young-jun) announced on the 6th that it achieved consolidated ...
The K-pop industry has been on a roll with a string of solid results, but a thawing of China-South Korea relations could ...
Continued subscription growth fueled a nearly 18% Q2 2025 revenue jump for Tencent Music Entertainment (TME), which now ...
Closer to 2025’s beginning, reports pointed to “extended” licensing negotiations between Chinese streaming service NetEase Cloud Music and K-pop giant SM Entertainment. Now, these evidently fruitless ...
Quiet but resilient, K-pop labels weather the turbulence of the stock market, buoyed by improving earnings and emerging growth drivers. July was a tough month f ...
Tencent Music Entertainment Group reported second-quarter revenue of $1.18 billion, up 17.9% from a year earlier, fueled by ...