Celebs in News
prince Harry
Prince Harry, Duke of Sussex, KCVO ADC (born Henry Charles Albert David; 15 September 1984 is a member of the British royal family. He is the younger son of Charles, Prince of Wales, and Diana, Princess of Wales, and is sixth in the line of succession to the British throne.
Related Rumors
variety.com
New York
China
Coronavirus
Universal Music Group
Music
New York
China
Paying Subscriber Growth Lifts Profit at China’s Tencent Music
Reading now: 906
variety.com
variety.comTencent Music Entertainment, China’s leading online music conglomerate, increased revenues and profits in its 2019 financial year.
That follows growth in the number of paying subscribers and their average spend with the company. The New York Stock Exchange-listed group, which is poised to soon buy a chunk of Universal Music, said in in regulatory filing that revenue in its year to end December grew by 34% to RMB25.43 billion ($3.65 billion) and that operating profit increased by 127% to RMB4.62 billion ($664 million).
Net profit attributable to equity holders more than doubled to RMB3.98 billion ($572 million), though the company also uses another measure (non-IFRS) profit which increased by 18% to RMB 4.91 billion ($705 million).
Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations