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NetEase’s Cloud Music sues Tencent Music for alleged unfair competition

04/27/2022

Less than a minute

2022.04.27 05:56

NetEase's Cloud Music sues Tencent Music for alleged unfair competition
The logo of China’s Tencent Music Entertainment Group is seen next to an earphone in this illustration picture taken March 22, 2021. REUTERS/Florence Lo/Illustration

(Corrects to TME from CME in second paragraph)

BEIJING (Reuters) – NetEase (NASDAQ:NTES)’s Cloud Music unit said on Wednesday it has initiated legal proceedings against Tencent Music Entertainment (TME), alleging unfair competition.

NetEase Cloud Music said in the statement that TME had repeatedly and “illegally” played “unauthorised” songs on TME’s various music-streaming platforms.

(This story corrects to TME from CME in second paragraph)

04/27/2022

Less than a minute

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