Tencent Music, a division of the China-based internet giant Tencent announced it has acquired Lazy Audio in a deal worth 2.7 billion yuan or $416 million. For the uninitiated, Lazy Audio is another Chinese entity that specializes in audio entertainment in the form of podcasts, audiobooks, and radio shows. The deal with help Tencent Music Entertainment Group (TME) further … [Read more...] about Tencent Music consolidates its audio entertainment business with Lazy Audio acquisition
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