Sony (SNE) Collaborates With Tencent (TCEHY) To Sell Music In China

December 16, 2014 2:49 PM

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Sony Corp. has signed a deal with Tencent Holdings to distribute music online in China, to develop the nascent online music streaming industry in the country

Sony Corp (NYSE:SNE) has struck a deal with Tencent Holdings (OTCMKTS:TCEHY) to distribute music labels in China - a joint venture that plans to work on developing China’s paid music industry.

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