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The Chinese Government Halts a Process for Approving Game Licenses
Regulators in China have ended issuing game licenses through a stopgap approval process. This closes the last known official path for making money from new titles in the world’s biggest gaming market. Known as the green channel, licenses are no longer being granted. This is used for both domestic and foreign games. The approval mechanism…
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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…
