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NetEase-Sony Deal Is Newest Blow to Tencent’s Grip Over Music

https://www.bloomberg.com/news/articles/2021-05-18/netease-sony-deal-is-newest-blow-to-tencent-s-grip-over-music
NetEase Inc. struck a deal to license music directly from Sony Music Entertainment for the first time, a move that will further Beijing’s efforts to upend Tencent Holdings Ltd.’s supremacy in Chinese music streaming.