Alibaba Music and Tencent Music Achieves Copyright Cross-License Cooperation

2017/10/23

Alibaba Music Group and Tencent Music Entertainment Group (TME) jointly announced that both parties achieved a copyright cross-license cooperation, meaning TME would license its copyrighted music resources (containing millions of music resources) to Alibaba Music from three biggest music groups — Universal, Warner and Sony, for which Tencent owns the exclusive agent right; and from YG Entertainment, JVR Music, Loen etc. At the same time, Alibaba Music will license its copyrighted music from Rock Records Co., Ltd., HIM International Music Inc. etc. to Tencent Music.