Sources: China to order Tencent Music to give up exclusive rights to music labels, and fine ~$77K for lapses in reporting the acquisitions of two streaming apps (Pei Li/Reuters)

Pei Li / Reuters:

Sources: China to order Tencent Music to surrender unique rights to music labels, and superb ~$77K for lapses in reporting the acquisitions of two streaming apps  —  China’s antitrust regulator is ready to order the music streaming arm of Tencent Holdings Ltd (0700.HK) to surrender unique rights …

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