Tencent Achieves $24 Billion Annual Profit as Regulators Hover

Patrick Frater Asia Bureau ChiefChina’s e-commerce and entertainment industry giant Alibaba Group has been hit with a fine of RMB18.23 billion ($2.8 billion) for alleged monopoly activities.The record punishment was announced Saturday morning local time by China’s State Administration for Market Regulation, which accused Alibaba of abusing its market dominance.The SAMR opened a formal investigation into the company on Dec. 24, 2020.

EXCLUSIVE: Robyn Lively is set to play Sara Bellum and Tom Kenny will reprise his role as the Narrator in the CW’s live-action reboot pilot Powerpuff (fka The Powerpuff Girls).

Katy Perry and fiance Orlando Bloom took an eco-friendly tour of her hometown of Santa Barbara, CA on Thurs. Apr. 8, biking around the oceanfront city. The pair rode S-Works pushbikes as they made their way around town, stopping by a furniture store and gardening shop. Katy did a superb rewear of a full-length, white-and-striped maxi dress she originally wore on a Sat. Apr. 3 trip to the beach with the couple’s seven-month-old daughter Daisy Dove Bloom.

Katy Perry and Orlando Bloom are cycling together!

Manori Ravindran International EditorTheir relationship may have been, um, cut short, but Jodie Turner-Smith’s Anne Boleyn and Mark Stanley’s Henry VIII look pretty cosy in the first image of the pair from the upcoming Channel 5 drama.In Variety’s exclusive first look, Turner-Smith’s Tudor queen is nestled against the formidable Henry VIII, played by “White House Farm” actor Stanley, when times were, presumably, better.Boleyn is the most notorious of Henry VIII’s six wives (obviously, they were

Amelia Hamlin and Scott Disick step out together on a sunny day in Miami, Fla., on Wednesday afternoon (April 7).

EXCLUSIVE: Tammy Townsend (K.C. Undercover) has been tapped as a new series regular on the upcoming sixth season of Ava DuVernay’s drama Queen Sugar, which is currently in production in New Orleans.

Chinese movie mogul Wang Zhongjun, co-founder of Huayi Brothers Media, has stepped down as chairman of holding company Huayi Tencent Entertainment. Established in 2016, the firm, which is listed on the Hong Kong stock exchange, has been used by Huayi Brothers, Tencent and its other investors as a vehicle to co-finance international films and buy stakes in companies listed outside China.

PUBG Mobile has reportedly generated over US$5billion in revenue since it first launched in 2018.Analysis firm Sensor Tower shared the news via a new report on its blog on March 25.

Dua Lipa, Madonna and Ed Sheeran, made available across Tencent’s platforms as well as connected devices such as in-car audio systems.In a statement, the two companies said the deal will “[leverage] Warner Music’s global resources and experience in supporting artists’ careers, as well as [Tencent’s] massive influence in mainland China’s music and entertainment market”.Warner and Tencent have worked together previously, signing a licensing deal for recorded music in 2014.

Warner Music and Tencent Music Entertainment Group said Tuesday that they have expanded their long-running licensing relationship while also partnering on a new joint venture record label targeting the China market. A dominant player in digital music in China, Tencent Music has been licensing songs from Warner Music for over a decade.

LABELS & PUBLISHERSWarner Music has named Alfonso Perez-Soto as President of Emerging Markets. “I’m super proud to take on this new role and truly excited by its scope”, he says.

Patrick Frater Asia Bureau ChiefChina’s dominant online music platform Tencent Music Entertainment has renewed and expanded its licensing deal with Warner Music.

Jem Aswad Senior Music EditorTencent Music Entertainment Group, part of the massive China-based Tencent media company, and Warner Music have announced an expanded multi-year strategic licensing agreement that will also see the companies collaborating on a new joint venture record label.While Tencent became a 20% owner of Warner competitor Universal Music Group late last year, it and Warner have been working together since their original agreement more than a decade ago. As part of the expanded

Orlando Bloom and Katy Perry are soaking in parenthood and enjoying it every step of the way, but goes without saying that the couple's quality time may not be the same. Last year, Katy and Orlando became parents as they welcomed daughter Daisy Dove in August 2020 and looks it has impacted some of their priorities.

Sounds like Katy Perry, 36, and Orlando Bloom’s baby girl is a daddy’s girl! “My son’s first word was ‘Mama’, but Daisy said ‘Dadda,'” Orlando, 44, told The Times in a new interview. “It’s amazing to be a father again.”

When me, Kourt [Kardashian], and Adrienne [Bailon] get together, we’re winners,” Kim Kardashian said in a March 17 Instagram Story. On the day that Kim’s brother, Rob Kardashian, turned 34, Kim, 40, threw a “Girls’ Game Night” that included guests like Sarah Howard, Malika Haqq, and Rob’s ex, Adrienne, 37.