S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Audacy, Inc. stock logo
AUD
Audacy
$0.09
$0.09
$1.94
$13.62M1.542.33 million shs4.43 million shs
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
$0.38
-2.6%
$0.54
$0.37
$1.25
$74.79M1.8245,005 shs10,156 shs
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$3.06
-1.3%
$4.06
$3.04
$7.95
$11.77B1.0414.91 million shs11.53 million shs
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
$289.20
-1.5%
$266.24
$128.67
$313.16
$57.36B1.631.91 million shs2.01 million shs
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
$11.58
+2.8%
$10.73
$5.70
$12.00
$19.87B0.818.67 million shs6.28 million shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Audacy, Inc. stock logo
AUD
Audacy
0.00%0.00%0.00%0.00%-35.45%
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
-3.20%-28.59%-29.37%-38.20%-61.86%
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
-1.59%-7.19%-23.08%-42.16%-20.10%
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
-1.48%-2.11%+15.55%+43.38%+118.24%
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
+0.31%-4.89%+8.62%+28.86%+38.68%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Audacy, Inc. stock logo
AUD
Audacy
N/AN/AN/AN/AN/AN/AN/AN/A
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
1.0614 of 5 stars
2.81.01.70.02.80.00.6
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
4.4191 of 5 stars
3.01.03.34.22.30.82.5
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
4.2507 of 5 stars
2.45.00.04.52.41.71.9
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
3.9572 of 5 stars
2.45.00.00.04.20.04.4

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Audacy, Inc. stock logo
AUD
Audacy
N/AN/AN/AN/A
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
1.67
Reduce$8.052,046.67% Upside
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
1.90
Reduce$4.7454.74% Upside
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
2.74
Moderate Buy$265.24-8.28% Downside
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
2.85
Moderate Buy$11.630.44% Upside

Current Analyst Ratings

Latest TME, SIRI, SPOT, CJREF, and AUD Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/18/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$290.00 ➝ $325.00
4/17/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$235.00 ➝ $277.00
4/17/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$260.00 ➝ $340.00
4/15/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$260.00 ➝ $320.00
4/12/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$300.00 ➝ $350.00
4/10/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$270.00 ➝ $335.00
4/8/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$280.00 ➝ $320.00
4/5/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$274.00 ➝ $375.00
4/5/2024
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
Pivotal Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$330.00 ➝ $390.00
4/1/2024
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetUnderweight ➝ Underweight$4.50 ➝ $3.00
3/27/2024
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetBuy ➝ Buy$7.00 ➝ $6.50
(Data available from 4/18/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Audacy, Inc. stock logo
AUD
Audacy
$1.25B0.00N/A0.34$3.34 per share0.00
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
$1.12B0.07$2.88 per share0.13$1.71 per share0.22
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$8.95B1.31$0.47 per share6.52($0.67) per share-4.57
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
$14.34B4.00N/AN/A$13.85 per share20.88
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
$3.91B5.08$0.62 per share18.69$4.70 per share2.46

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Audacy, Inc. stock logo
AUD
Audacy
-$140.67M-$1.18N/AN/AN/A-13.37%-10.21%-1.68%N/A
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
-$318.29M-$1.56N/AN/A-29.80%9.76%1.54%N/A
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$1.26B$0.329.569.561.0714.05%-42.54%12.39%4/30/2024 (Confirmed)
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
-$575.78M-$2.96N/A55.72N/A-4.01%-23.43%-6.89%4/23/2024 (Confirmed)
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
$693M$0.4426.3215.860.6917.71%9.68%7.31%5/13/2024 (Confirmed)

Latest TME, SIRI, SPOT, CJREF, and AUD Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/13/2024N/A
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
$0.13N/A-$0.13N/AN/AN/A  
4/30/2024N/A
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$0.06N/A-$0.06N/AN/AN/A  
4/23/2024N/A
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
$0.69N/A-$0.69N/AN/AN/A  
4/12/2024Q2 2024
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
N/A-$0.02-$0.02N/AN/A$222.79 million
3/19/2024Q4 2023
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
$0.12$0.13+$0.01$0.14$925.06 million$971.00 million
2/6/202412/31/2023
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
-$0.37-$0.36+$0.01-$0.39$3.72 billion$3.67 billion    
2/1/2024Q4 2023
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$0.07$0.09+$0.02$0.09$2.30 billion$2.29 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Audacy, Inc. stock logo
AUD
Audacy
N/AN/AN/AN/AN/A
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
$0.025.33%N/AN/A N/A
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
$0.113.59%+22.04%34.38%7 Years
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
N/AN/AN/AN/AN/A
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
N/AN/AN/AN/AN/A

Latest TME, SIRI, SPOT, CJREF, and AUD Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/24/2024
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
quarterly$0.02661.96%2/8/20242/9/20242/23/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Audacy, Inc. stock logo
AUD
Audacy
3.87
2.03
2.03
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
2.19
0.68
0.68
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
N/A
0.39
0.39
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
N/A
1.29
1.29
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
0.10
2.49
2.49

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Audacy, Inc. stock logo
AUD
Audacy
45.92%
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
N/A
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
10.69%
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
84.09%
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
24.32%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Audacy, Inc. stock logo
AUD
Audacy
4,969145.48 million117.40 millionNot Optionable
Corus Entertainment Inc. stock logo
CJREF
Corus Entertainment
3,137199.44 million192.48 millionNot Optionable
Sirius XM Holdings Inc. stock logo
SIRI
Sirius XM
5,6803.85 billion3.82 billionOptionable
Spotify Technology S.A. stock logo
SPOT
Spotify Technology
9,123198.33 million197.53 millionOptionable
Tencent Music Entertainment Group stock logo
TME
Tencent Music Entertainment Group
5,8051.72 billionN/AOptionable

TME, SIRI, SPOT, CJREF, and AUD Headlines

SourceHeadline
Tencent Music Entertainment Group Filed 2023 Annual Report on Form 20-FTencent Music Entertainment Group Filed 2023 Annual Report on Form 20-F
finance.yahoo.com - April 18 at 6:25 PM
Tencent Music: A Harmonious Future with Robust Subscriber and Ad Revenue GrowthTencent Music: A Harmonious Future with Robust Subscriber and Ad Revenue Growth
markets.businessinsider.com - April 18 at 7:40 AM
Buy Rating for Tencent Music: Forecasting Substantial Subscriber Growth and Robust ProfitabilityBuy Rating for Tencent Music: Forecasting Substantial Subscriber Growth and Robust Profitability
markets.businessinsider.com - April 16 at 6:29 PM
Tencent Music Entertainment Group (NYSE:TME) Stock Holdings Lessened by Mirae Asset Global Investments Co. Ltd.Tencent Music Entertainment Group (NYSE:TME) Stock Holdings Lessened by Mirae Asset Global Investments Co. Ltd.
marketbeat.com - April 16 at 5:04 AM
Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024Tencent Music Entertainment Group to Report First Quarter 2024 Financial Results on May 13, 2024
finance.yahoo.com - April 15 at 10:33 AM
Tencent Music Entertainment Group (NYSE:TME) Short Interest Down 31.4% in MarchTencent Music Entertainment Group (NYSE:TME) Short Interest Down 31.4% in March
marketbeat.com - April 12 at 9:38 PM
Great Wall Motor, Tencent Music Entertainment team up on intelligent cockpit experienceGreat Wall Motor, Tencent Music Entertainment team up on intelligent cockpit experience
news.metal.com - April 11 at 6:24 AM
Tencent Music Entertainment Group (NYSE:TME) Sets New 12-Month High at $11.93Tencent Music Entertainment Group (NYSE:TME) Sets New 12-Month High at $11.93
americanbankingnews.com - April 11 at 5:08 AM
Bulls Gap (the band, not the town): Love of music, decades of friendship & a new CDBulls Gap (the band, not the town): Love of music, decades of friendship & a new CD
therogersvillereview.com - April 10 at 10:42 PM
Tencent Music Entertainment Group (NYSE:TME) Shares Sold by Baillie Gifford & Co.Tencent Music Entertainment Group (NYSE:TME) Shares Sold by Baillie Gifford & Co.
marketbeat.com - April 10 at 8:24 AM
Returns On Capital Are Showing Encouraging Signs At Tencent Music Entertainment Group (NYSE:TME)Returns On Capital Are Showing Encouraging Signs At Tencent Music Entertainment Group (NYSE:TME)
finance.yahoo.com - April 9 at 9:10 PM
Options Traders Target Tencent Music Entertainment StockOptions Traders Target Tencent Music Entertainment Stock
schaeffersresearch.com - April 9 at 2:43 PM
Tencent Music Entertainment Group (NYSE:TME) Hits New 52-Week High at $11.93Tencent Music Entertainment Group (NYSE:TME) Hits New 52-Week High at $11.93
marketbeat.com - April 9 at 10:34 AM
China Universal Asset Management Co. Ltd. Raises Stock Holdings in Tencent Music Entertainment Group (NYSE:TME)China Universal Asset Management Co. Ltd. Raises Stock Holdings in Tencent Music Entertainment Group (NYSE:TME)
marketbeat.com - April 4 at 6:54 PM
Tencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call TranscriptTencent Music Entertainment Group (NYSE:TME) Q4 2023 Earnings Call Transcript
finance.yahoo.com - April 3 at 12:22 PM
Tencent Music Entertainment Group Target of Unusually High Options Trading (NYSE:TME)Tencent Music Entertainment Group Target of Unusually High Options Trading (NYSE:TME)
marketbeat.com - April 3 at 11:41 AM
Zacks.com featured highlights American Eagle Outfitters, JD.com, PDD Holdings, Air Lease and Tencent Music EntertainmentZacks.com featured highlights American Eagle Outfitters, JD.com, PDD Holdings, Air Lease and Tencent Music Entertainment
finance.yahoo.com - April 3 at 7:21 AM
TME or RELX: Which Is the Better Value Stock Right Now?TME or RELX: Which Is the Better Value Stock Right Now?
zacks.com - April 2 at 12:41 PM
5 Profitable PEG-Based GARP Stocks for Investors5 Profitable PEG-Based GARP Stocks for Investors
zacks.com - April 2 at 9:37 AM
Vanguard Group Inc. Purchases 207,197 Shares of Tencent Music Entertainment Group (NYSE:TME)Vanguard Group Inc. Purchases 207,197 Shares of Tencent Music Entertainment Group (NYSE:TME)
marketbeat.com - April 2 at 4:09 AM
WT Asset Management Ltd Invests $9.33 Million in Tencent Music Entertainment Group (NYSE:TME)WT Asset Management Ltd Invests $9.33 Million in Tencent Music Entertainment Group (NYSE:TME)
marketbeat.com - March 30 at 4:59 PM
Tencent Music Entertainment Group (NYSE:TME) Trading 3.7% Higher Tencent Music Entertainment Group (NYSE:TME) Trading 3.7% Higher
marketbeat.com - March 26 at 12:38 PM
Matthews International Capital Management LLC Boosts Stock Holdings in Tencent Music Entertainment Group (NYSE:TME)Matthews International Capital Management LLC Boosts Stock Holdings in Tencent Music Entertainment Group (NYSE:TME)
marketbeat.com - March 25 at 4:22 PM
Tencent Music President and Chief Technology Officer Zhenyu Xie to exitTencent Music President and Chief Technology Officer Zhenyu Xie to exit
musicbusinessworldwide.com - March 25 at 8:43 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Audacy logo

Audacy

NYSEARCA:AUD
Audacy, Inc. is a scaled, multi-platform audio content, and entertainment company. The firm involves as a radio broadcasting group by offering premium audio. It engages in providing consumers with news, sports, podcasts, and music. Its broadcast brands include WFAN, KROQ, and 1010WINS. The company was founded by Joseph M. Field in 1968 and is headquartered in Philadelphia, PA.
Corus Entertainment logo

Corus Entertainment

OTCMKTS:CJREF
Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and Radio. The Television segment consists of specialty television networks, conventional television stations, digital and streaming platforms, a social digital agency, and a social media creator network; and provides technology and media services. This segment also engages in the production and distribution of films and television programs; merchandise licensing and book publishing activities; and provision of advertising services, subscriptions, and the licensing of proprietary films and television programs, as well as production services. The Radio segment operates radio stations that include a network of news/talk radio stations, as well as classic hits, rock, country, and hot adult contemporary radio formats. The company produces and distributes children's animated content and consumer products; owns Nelvana, Corus Studios, Aircraft Pictures, Kid Can Press, so.da, and Kin Community Canada, and Quay Media Services; and operates companion websites, digital and streaming platforms, and applications that are related to its brands. Corus Entertainment Inc. was incorporated in 1998 and is headquartered in Toronto, Canada.
Sirius XM logo

Sirius XM

NASDAQ:SIRI
Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates in two segments, Sirius XM, and Pandora and Off-platform. The company's Sirius XM segment provides music, sports, entertainment, comedy, talk, news, traffic and weather channels, and other content, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment. This segment also distributes satellite radios through automakers and retailers, as well as its website; podcasts, including true crime, news, politics, music, comedy, sports, and entertainment; and offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data, remote vehicles diagnostic, and stolen or parked vehicle locator services. In addition, this segment provides music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; graphic information related to road closings, traffic flow, and incident data for consumers with in-vehicle navigation systems; real-time weather services in vehicles, boats, and planes; and music programming and commercial-free music services for office, restaurants, and other business. Its Pandora and Off-platform segment operates music, comedy, and podcast streaming platform, which offers personalized experience for listener through computers, tablets, mobile devices, vehicle speakers, and connected devices; and provides advertising services. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. operates as a subsidiary of The Liberty SiriusXM Group.
Spotify Technology logo

Spotify Technology

NYSE:SPOT
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. This segment sells directly to the end users. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its users on their computers, tablets, and compatible mobile devices. The company also offers sales, distribution and marketing, contract research and development, and customer and other support services. Spotify Technology S.A. was incorporated in 2006 and is based in Luxembourg City, Luxembourg.
Tencent Music Entertainment Group logo

Tencent Music Entertainment Group

NYSE:TME
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; and WeSing, which enables users to sing from its library of karaoke songs and share their performances in audio or video formats with friends. The company also operates QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company is based in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.