Tencent’s greatest hits
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Chinese internet giant Tencent is in talks to buy up to 20% of Universal
Music Group (UMG) – the world’s largest music company – which has been revived by a surge in global music-streaming sales
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Ma Huateng, known as Pony Ma. Chairman and CEO of Tencent Holdings Ltd. Market value of over $518 billion

UMG: Subsidiary of Vivendi. Music label valued at $34 billion
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Rise of streaming (Global recorded music revenues, 2014-2018)

$14.3bn   $1.9bn

$14.8bn   $2.9bn

$16.2bn   $4.7bn

$17.4bn   $6.7bn

$19.6bn   8.9bn
             
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Tencent’s global deals (Amount, share, year)

UMG (France)         20% $6.72bn     2019
 
Grinding Gear        $64.3m 80%      2018
Games (N. Zealand) 

Tesla (U.S.)         $1.8bn 5%       2017
      
Snap (U.S.)          $2.0bn 17.5%    2017

Spotify (Sweden)     $2.0bn 7.5%     2017

Flipkart* (India)    $1.4bn 5%       2017
        
Supercell (Finland)  84% $8.60bn     2016

Activision Blizzard (U.S.) $1.38bn 8% 2015

Glu Mobile (U.S.)     $126m 15%       2015

Epic Games (U.S.)     $330m 40%       2012

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Sources: IFPI, Reuters, Variety *With co-investors Microsoft, eBay Picture: AP 
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