Tencent in deal with China?s leading music streaming firm to combine music services
 

Tencent in deal with China?s leading music streaming firm to combine music services

HONG KONG (Reuters) – Chinese internet giant Tencent Holdings Ltd will take a majority stake in a new venture with leading music-streaming company China Music Corporation that combines their digital music businesses. Financial terms were **t disclosed but a person with k**wledge of the matter said the new company would be valued at about $6 billion. The person declined to be identified as the information has **t been made public.[IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?d=yIl2AUoC8zA[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=4GyLL1ReDY0:t-crSlT7ytc:V_sGLiPBpWU[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=4GyLL1ReDY0:t-crSlT7ytc:-BTjWOF_DHI[/IMG]
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