Sina Science and Technology News On the afternoon of April 30, it was reported that Billboard, an authoritative music entertainment magazine in the United States, released the "Billboard's 2024 International Power Players", in which Peng Jiaxin, executive chairman of Tencent Music Entertainment Group, and Liang Zhu, chief executive, were jointly selected as the "2024 International Most Influential Players", Further highlight the international influence of China's music industry. At the same time, Tencent Music Entertainment Group is also the only Chinese music enterprise on the list.
Billboard commented in the reason for selection: "As the leader of China's online music entertainment services, Tencent Music Entertainment Group's online music business is booming. According to its fourth quarter of 2023 and annual financial reports, online music subscription revenue increased 39.1% year-on-year to 12.1 billion yuan (1.7 billion dollars), and the number of online music paying users reached 106.7 million, a new record." Under the joint leadership of Peng Jiaxin, executive chairman of Tencent Music Entertainment Group, Liang Zhu, CEO, and the management team, Tencent Music has achieved high-quality growth in the company's performance in 2023, while continuing to help the healthy and long-term development of China's music industry.
Billboard's "2024 International Most Influential Person" aims to commend business leaders who have made positive contributions to the development of the global music industry in a year. Other candidates also include Global Music, Warner Music, Sony Music, Live Nation, BMG and other global music enterprises.
