China's antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K (South China Morning Post)



South China Morning Post:

China’s antitrust authorities order Tencent Music to end its exclusive music licensing deals with global record labels within 30 days and impose a fine of ~$77K  —  The music arm of the Shenzhen-based company must relinquish its exclusive music rights within the next 30 days Tencent will be able …



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