A consortium led by China’s Tencent has agreed to buy 10% of the world’s biggest music company, Universal Music Group, from Vivendi after months of talks.
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Universal Music Group and Samsung Electronics, together with African and international music labels and publishers, have launched a pan-African mobile music streaming service called “the Kleek”. The Kleek, designed specifically
A recent PricewaterhouseCoopers (PwC) report, SA Entertainment and Media Outlook: 2010-2014, paints a gloomy picture of the country’s recorded music industry, with sales falling in double digits year on year. The question exercising the minds