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Tencent To Merge QQ Music With China Music Corp
Aggregated Source: China Money Network
music copyTencent Holdings Ltd. has agreed to acquire a controlling stake in music streaming company China Music Corporation to create a dominant player in China‚Äôs online-music market, the company announced. The deal values China Music Corp., or Haiyang Yinyue in Chinese, at roughly US$2.7 billion. Tencent will combine its QQ Music with the company's Kugou and […]

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