Lionel Richie is one of the best-selling musicians, with over 125 million albums sold worldwide. As a result, it’s no surprise that the hitmaker has struck an exclusive deal with Universal Music Publishing Group. UMPG will take care of his catalogue in the future as part of the exclusive contract.
Due to China’s recent exclusivity ban, Tencent is removing all of its exclusive music deals in the country. Nevertheless, Tencent has stated that they “will continue to cooperate with the upstream copyright party in a non-exclusive way, and will negotiate with the upstream copyright party on non-exclusive cooperation matters”. Essentially,