DEALSChinese web giant Tencent has announced a new deal with music publisher Peermusic via its Tencent Music business.
Among other things, the deal covers Tencent’s own streaming platforms QQ Music, Kugou Music, Kuwo Music and WeSing. “Peermusic’s long and impressive track record of success as the largest independent music publisher in the world, whose catalogues include some of the music industry’s greatest songwriters, makes them an ideal partner for us”, says Tencent.————————————————–MANAGEMENT & FUNDINGMusic charity Youth Music has announced that 31 music businesses in the UK have been granted up to £30,000 each to improve access to sustainable creative careers for people aged 18-25.
Read more on completemusicupdate.com
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