Global Music Industry Summit, Tencent Music Connects, Held In Beijing

BEIJING, July 3, 2018 /PRNewswire/ -- Tencent Music Connects (TMC), a global music industry summit hosted by China's Tencent Music Entertainment Group (TME), kicked off in Beijing, bringing together top executives, industry leaders and influencers from over 20 countries and regions under the theme of "China is Now" to share their pioneering insights into the trends shaping the future of the industry. It is the first in a series of TMC events that will be held in cities across China and Asia in coming months.

Conceived as a forum for understanding the rise of Chinese music in a global context, TMC consisted of a series of sessions focusing on three major topics: "What's happening in China," "The World Turns to China," and "China Trends." A mix of industry leaders and influencers from within China and around the world, represented by top executives from Universal Music Group, Warner Music, Sony Music Entertainment, YG Entertainment, JVR Music, Sony Music Japan, Emperor Group, Beggars Group, Believe Digital, AEG, Live Nation, China Record Group, AMPai Music, Tan Xuan Music Studio, Caotai Music, Stallion Era and the Communication University of China (CUC), engaged in discussions spanning several industry-relevant topics including music distribution, how the influence of Chinese culture is spreading beyond the country's borders, and what current trends portend for the future, facilitating communication between Chinese and international insiders.

"I am very proud of the positive and steady growth of the Chinese music sector over the past few years," said TME Vice President Andy Ng during his speech at TMC. "It is thanks to both the strong support from the Chinese government and the collective efforts of industry players that the sector has been able to experience such outstanding growth. As the industry expands, forums like TMC are vital for the sharing of ideas and enabling the industry to stay ahead of the latest trends emerging from our growing audiences."

Given the rise of China's music market, the focus of the event was highly representative of the hot topics being discussed in music industry circles worldwide. Values embodied in Chinese music culture were part and parcel of what was discussed during the various industry discussions, giving all those in attendance an opportunity to take a hard look at the differences, and potential conflicts, between Eastern and Western thinking as it relates to the music industry. With the success of the Beijing stop, TMC plans to continue the event with presentations of some of the latest Chinese music industry cases and further discussion of the hot topics of the day with stops in other cities both in and outside of China.

TMC was held under the aegis of the China Association of Performing Arts (CAPA), the Music Copyright Society of China (MCSC), and the Music Industry Promotion Committee (MIPC) of the China Audio-video and Digital Publishing Association, with China Record Corporation as the strategic sponsor. Distinguished guests attending the event included CAPA Secretary-general Pan Yan, MCSC Vice Secretary-general Liu Ping, MIPC Secretary-general Xu Hongli and China Chief Representative of the International Federation of the Phonographic Industry (IFPI) Guo Biao.

TMC's next scheduled stops will be in Singapore, Shanghai, Chengdu and Shenzhen, covering different topics, with the aim of taking a deeper look into the next phase of the development of China's music industry via discussions across a wide array of topics.

SOURCE Tencent Music Entertainment Group