The world's largest music company, Universal, has agreed a deal to allow its content to be streamed on Tencent.
世界最大的音乐公司环球唱片同意向腾讯流媒体分享其作品。
Tencent is a Chinese company that is also one of the world's largest publishers of video games, and it has
relatively recently
decided to further its investments in the audio streaming market.
The new deal will also allow Tencent the rights to sub-contract Universal's music to other Chinese companies, and to build a Chinese branch of the famous Abbey Road Studios in London.
As we reported in 2016, the company has already made significant inroads globally into the market dominance of Apple's iTunes and Spotify.
In China, the market for streamed music is enormous, with some estimates placing it at a potential size of 500 million subscribers. Apple and Spotify (which is only available in Hong Kong, but not in the rest of China) have faced strong
opposition from local rival QQ music, which is highly popular and also a profitable business.
QQ music came under the umbrella of Tencent in July 2016, after a deal which saw Tencent
merge with China Music Corp.
Tencent has the financial
clout and local brand
awareness to further grow in the music streaming market, and not just in China.
Tencent also operate the Joox music streaming service.
相关单词：relatively
relatively解释：adv.比较...地，相对地
relatively例句：
The rabbit is a relatively recent introduction in Australia.兔子是相对较新引入澳大利亚的物种。
The operation was relatively painless.手术相对来说不痛。
相关单词：decided
decided解释：adj.决定了的，坚决的；明显的，明确的
decided例句：
This gave them a decided advantage over their opponents.这使他们比对手具有明显的优势。
There is a decided difference between British and Chinese way of greeting.英国人和中国人打招呼的方式有很明显的区别。
相关单词：opposition
opposition解释：n.反对，敌对
opposition例句：
The party leader is facing opposition in his own backyard.该党领袖在自己的党內遇到了反对。
The police tried to break down the prisoner's opposition.警察设法制住了那个囚犯的反抗。
相关单词：merge
merge解释：v.(使)结合，(使)合并，(使)合为一体
merge例句：
I can merge my two small businesses into a large one.我可以将我的两家小商店合并为一家大商行。
The directors have decided to merge the two small firms together.董事们已决定把这两家小商号归并起来。
相关单词：clout
clout解释：n.用手猛击；权力，影响力
clout例句：
The queen may have privilege but she has no real political clout.女王有特权，但无真正的政治影响力。
He gave the little boy a clout on the head.他在那小男孩的头部打了一下。
相关单词：awareness
awareness解释：n.意识，觉悟，懂事，明智
awareness例句：
There is a general awareness that smoking is harmful.人们普遍认识到吸烟有害健康。
Environmental awareness has increased over the years.这些年来人们的环境意识增强了。
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