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NetEase's music copyright fees to Tencent Music doubled in two years

By Yonnex Li ( November 5, 2019, 06:51 GMT | Insight) -- NetEase, one of China's largest Internet companies, has disclosed in a court battle against Tencent Music that the music licensing fees it paid to the rival music streaming service for certain music content doubled in two years. The disclosure comes amid a separate antitrust investigation into whether Tencent Music might have engaged in anticompetitive conduct through exclusive licensing agreements.NetEase, one of China's largest Internet companies, has disclosed in a court battle against Tencent Music that the music licensing fees it paid to the rival music-streaming service for certain music content doubled in two years....

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