When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
VIVHY - Chinese Regulators Torpedo Tencent Music Entertainment
Vivendi ADR
Shares of Tencent Music Entertainment(NYSE: TME), the largest music streaming company in China, recently plunged after Bloomberg claimed that China's antitrust regulators had been investigating the company since January.
A government agency has reportedly been looking into TME's exclusive licensing deals with the three largest record labels in the world: Access Industries' Warner Music, Sony(NYSE: SNE) Music Entertainment, and Vivendi's (OTC: VIVHY) Universal Music Group.