Saintel Daily

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  • Music Streaming Giant Tencent is Going Public in the United States

    Music Streaming Giant Tencent is Going Public in the United States

    This has been an incredible year for tech companies that have some kind of Chinese ownership going public in the United States.  Baidu’s iQiyi service, Xiaomi-backed Huami and Viomi are a few examples, and now Tencent Music.  The music division at Tencent is making quite the run after plenty of speculation.  TME – Tencent Music Entertainment, initially filed…

  • What Does SiriusXM’s Acquisition of Pandora Really Mean?

    What Does SiriusXM’s Acquisition of Pandora Really Mean?

    SiriusXM has recently acquired Pandora, but it’s still awaiting stockholder approval.  If approved, this would create an audio behemoth with more than 100 million monthly listeners.  The $3.5 billion acquisition will make it interesting for other companies like Apple, Spotify, and Amazon as they compete for connected car dashboard supremacy.  Because in-car listening is what everyone…

  • Several Musicians Do Not Support the Music Modernization Act

    Several Musicians Do Not Support the Music Modernization Act

    The U.S. Senate is working on firming up a bill that aims to streamline music copyright for the digital streaming era. That said, there is a surprising amount of dissents from inside the music industry – including Paul McCartney, Katy Perry, and John Legend who are not in favor of the Music Modernization Act (MMA). …