Tencent Music/GMM Music (JV)
Transaction details
- Notification date:6 December 2024
- Publication date:6 December 2024
- Economic sector:Publishing & media production - J
- Economic sub-sector:Film, TV & music production - J.59
- Request for information:Yes
- Outcome:Cleared
Tencent Music Entertainment Hong Kong Limited
Tencent Music Entertainment Hong Kong Limited is an online music and audio entertainment platform in China, and operates music apps, including QQ Music, Kugou Music and WeSing. Tencent Music Entertainment Hong Kong Limited provides a library of music content, professionally generates video content in live and recorded format, such as music videos, concerts and music shows.
GMM Music Public Company Limited
GMM Music Public Company Limited is primarily active in Thailand and operates an integrated music business. GMM Music Public Company Limited engages in artist selection, music production, music content marketing, music copyright management, physical and digital music distribution, concerts and festival organising and artist management. Additionally, GMM Music Public Company Limited operates a school for singers, musicians and artists to develop their potential and become professional artists. GMM Music Public Company Limited is active in the wholesale of digital music content outside of Thailand and enters into licence agreements with digital service providers located in the State.
