Tencent Music is quietly building a live music empire. Concerts could become the streaming giant’s ultimate differentiator in the age of AI.

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Published on Thursday, 14 May 2026 15:03

TME's non-subscription music services revenue, encompassing live concerts, advertising, and merchandise, jumped 28.0% YoY to RMB 1.94 billion (USD $282 million) in Q1

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