Thursday, June 11, 2026

China’s Tencent was ordered to give up exclusive music rights in antitrust crackdown


TencentSAMR stated that its music department was also fined 500,000 yuan (US$77,144).

In recent years, after regulators have tightened anti-piracy regulations, Chinese music streaming companies have been struggling to obtain exclusive rights to play record company tracks in the country.

The largest player in China’s technology industry — which has experienced years of growth due to lax regulation — is now facing increasingly strict scrutiny.

Earlier this month, financial regulators blocked a merger between video game live broadcast sites, which would give Tencent an overall majority stake, which, according to analysts, accounts for 80% to more than 90% of China’s domestic market.

Elsewhere, China’s largest car-hailing app Didi Just days after the $4.4 billion New York IPO, Chu Xing was barred from entering Chinese stores due to data collection issues.

Tencent did not immediately respond to Agence France-Presse’s request for comment.



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