Major prog corporations are very eager to lecture Americans about Black Lives Matter. Not so much about China.
It’s not hard to see why.
Warner Music Group announced that it’s donating $100 million to the racist hate group and assorted allied lefty organizations in pursuit of social justice. Meanwhile a PRC giant is buying into WMG in a big way.
Tencent Music Entertainment Group said Friday it now owns a 5.2% stake in newly public Warner Music Group. ,
In a SEC filing, the Chinese powerhouse said it had acquired 4 million Class A common shares in the world’s third largest music company. Warner, whose roster includes Cardi B, Ed Sheeran, Bruno Mars and countless others and a massive music publishing business, raised $1.9 billion in a successful initial public offering on the Nasdaq early this month. The IPO was the biggest in the U.S. so far this year.
That’s a whole bunch of other celebs who will know better than to criticize China, assuming that they had the guts or interest in doing so.
Tencent is allegedly acting as part of China’s surveillance machine on political dissent.
On March 2, Dutch hacker Victor Gevers revealed that the content of millions of conversations on Tencent applications among users at internet cafés are being relayed, along with the users’ identities, to police stations across China. Just three days later, the company’s founder and chief executive, Pony Ma, took his seat among 3,000 delegates to the National People’s Congress, the country’s rubber-stamp parliament. Ma reportedly raised the issue of data privacy even as security agencies were using data from his company’s applications to root out unauthorized religious activity.
There’s pending Cruz legislation trying to keep Tencent out of the US, but considering its stake in Epic, that may be a losing battle. And the latest buy into WMG shows just how thoroughly Tencent is digging into the American culture market. But as long as the culture industry companies keep chanting BLM, no one will call them out on it.
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