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华尔街见闻
wrote a column · May 27 11:46

Tencent Music Entertainment makes strategic investment in The Black Label to deepen its global premium IP portfolio

According to media reports, South Korea's prominent entertainment company The Black Label recently announced the completion of its Series B funding round, co-led by Tencent Music Entertainment Group (TME) and Korean gaming giant Krafton. The Black Label currently represents globally influential artists such as ROSÉ, Taeyang, and Jeon Somi. Its executive producer Teddy has played a key role in creating globally renowned K-pop acts including BIGBANG, 2NE1, and BLACKPINK. Following the successful debut of its girl group MEOVV in 2024, The Black Label launched the co-ed group ALL DAY PROJECT in 2025, further demonstrating its exceptional ability to discover and nurture new talent. Additionally, The Black Label strengthened its influence in the global music market by producing the soundtrack for the widely acclaimed animated film 'K-pop: Demon Slayer Girls.' Tencent Music and The Black Label first entered into a licensing partnership in 2025. Following this strategic investment, the two parties will further deepen their collaboration. Industry insiders note that this move not only helps Tencent Music solidify its content advantage in the K-pop sector but also enables both sides to...
According to media reports, South Korea's prominent entertainment company The Black Label recently announced the completion of its Series B funding round, co-led by Tencent Music Entertainment Group (TME) and Korean gaming giant Krafton.
The Black Label currently represents globally influential artists such as ROSÉ, Taeyang, and Jeon Somi. Its executive producer Teddy has played a key role in creating globally renowned K-pop acts including BIGBANG, 2NE1, and BLACKPINK. Following the successful debut of its girl group MEOVV in 2024, The Black Label launched the co-ed group ALL DAY PROJECT in 2025, further demonstrating its exceptional ability to discover and nurture new talent. Additionally, The Black Label strengthened its influence in the global music market by producing the soundtrack for the widely acclaimed animated film 'K-pop: Demon Slayer Girls.'
Tencent Music and The Black Label first entered into a licensing partnership in 2025. Following this strategic investment, the two parties will further deepen their collaboration. Industry insiders note that this move not only helps Tencent Music solidify its content advantage in the K-pop sector but also enables both sides to jointly enhance music IP creation and operations.
This investment aligns with Tencent Music's recent strategic priorities. According to Tencent Music's latest Q1 2026 earnings report, non-subscription online music revenue surged 28% year-over-year, primarily driven by comprehensive monetization of premium music IPs. In the AI era, Tencent Music's investment in The Black Label represents a forward-looking strategic move. By securing top-tier music IPs with distinctive styles and dedicated fanbases, Tencent Music aims to continuously strengthen its influence and commercial monetization capabilities in the global pop music market.
*The above content does not constitute investment advice, does not represent the views of the publishing platform, the market carries risks, invest with caution, and make independent judgments and decisions.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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