TME Facing the Music; Ends Exclusive Music Licensing Deals
TME announced that it has relinquished all of its exclusive music licensing agreements as per the order of the Chinese regulators. These music...
260 Views
TME: Says Order on Music Rights Have Some Impact but User No’s and ARPPU Already Under Pressure
TME has said that the regulatory order to give-up music rights will have some impact on its business operations, but we have observed that the...
192 Views
ECM Weekly (8th August 2021) - Li Auto, Cloud Village, CarTrade, Kakao Bank, Bukalapak, Huitongda
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming IPOs.
311 Views
CV Vs TME: Improving Financials and Outspending TME on Content Cost - Reason for Absence of Profits
Having access to exclusive music licensing helped TME dominate market, however, TME having to give-up on exclusive rights should offer a more level...
318 Views
Cloud Village (NetEase Music) IPO: Valuation First-Look
Cloud Village is braving the moribund Chinese IPO market by pre-marketing an HKEx IPO to raise around $1 bn. In this note, we present our forecasts...
227 Views