{"id":2263739,"date":"2026-02-02T22:59:17","date_gmt":"2026-02-02T22:59:17","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2263739"},"modified":"2026-02-02T22:59:17","modified_gmt":"2026-02-02T22:59:17","slug":"will-onecead-joint-venture-deepen-tencent-music-entertainment-groups-tme-role-in-asian-entertainment-ip","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/will-onecead-joint-venture-deepen-tencent-music-entertainment-groups-tme-role-in-asian-entertainment-ip\/","title":{"rendered":"Will ONECEAD Joint Venture Deepen Tencent Music Entertainment Group&#8217;s (TME) Role in Asian Entertainment IP?"},"content":{"rendered":"<p><\/p>\n<div data-cy-id=\"article-content\">\n<ul>\n<li>JYP Entertainment\u2019s Chinese subsidiary JYP China recently announced the launch of ONECEAD, a joint venture with CJ ENM and Tencent Music Entertainment Group, focused on artist management, music production, concerts, and merchandise, including oversight of the global boy group Modyssey and expansion in the Greater China region.<\/li>\n<li>The partnership gives Tencent Music a deeper role in originating and managing music IP beyond its core platforms, potentially enhancing its influence across the broader Asian entertainment ecosystem.<\/li>\n<li>We\u2019ll now examine how Tencent Music\u2019s move into joint artist management and content creation through ONECEAD could shape its investment narrative.<\/li>\n<\/ul>\n<p>Explore <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/discover\/investing-ideas\/282\/quantum-computing-stocks\/global\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"intro\" class=\"company-report-links\">22 top quantum computing companies<\/a> leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.<\/p>\n<h2>What Is Tencent Music Entertainment Group&#8217;s Investment Narrative?<\/h2>\n<p>To own Tencent Music Entertainment Group, you need to believe its core platforms can keep converting a massive user base into profits while it carefully expands into higher-value music IP. The stock has pulled back in recent months even after a strong 1-year total return, so near term the key catalysts still look tied to upcoming earnings, execution on buybacks, and how consistently it can grow paying users and ARPPU. The new ONECEAD venture with JYP China and CJ ENM fits into this by modestly tilting the story toward content origination and artist management, but on current information it does not yet look like a thesis-changing move. Instead, it subtly raises both the opportunity and the execution risk around Tencent Music\u2019s push beyond pure distribution.<\/p>\n<p> However, there is one emerging risk in this shift that investors should not overlook.<\/p>\n<p>Despite retreating, Tencent Music Entertainment Group&#8217;s shares might still be trading 32% above their fair value. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\/valuation\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"integrated-pitch\" class=\"company-report-links\">Discover the potential downside here<\/a>.<\/p>\n<h2>Exploring Other Perspectives<\/h2>\n<figure><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"infographic\" class=\"company-report-links\"><\/a><figcaption>TME 1-Year Stock Price Chart<\/figcaption><\/figure>\n<p> Seven Simply Wall St Community valuations range from US$14.06 to a very large US$17,578.19, underscoring how far apart individual views can be. Set that against Tencent Music\u2019s push into ventures like ONECEAD, where execution risk around new content bets could meaningfully influence which side of that spread looks closer to reality over time.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/community\/narratives\/us\/media\/nyse-tme\/tencent-music-entertainment-group\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"integrated-pitch\" class=\"company-report-links\">Explore 7 other fair value estimates on Tencent Music Entertainment Group<\/a> &#8211; why the stock might be worth 16% less than the current price!<\/p>\n<h2>Build Your Own Tencent Music Entertainment Group Narrative<\/h2>\n<p>Disagree with this assessment? <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/support.simplywall.st\/hc\/en-us\/articles\/10353275550479-Stock-Valuator-with-Narratives\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"conclusion\" class=\"company-report-links\">Create your own narrative in under 3 minutes<\/a> &#8211; extraordinary investment returns rarely come from following the herd.<\/p>\n<ul>\n<li>A great starting point for your Tencent Music Entertainment Group research is our analysis highlighting <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"conclusion\" class=\"company-report-links\">5 key rewards<\/a> that could impact your investment decision.<\/li>\n<li><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\" target=\"_blank\" rel=\"noopener noreferrer\" data-vars-link-type=\"conclusion\" class=\"company-report-links\">Our free Tencent Music Entertainment Group research report<\/a> provides a comprehensive fundamental analysis summarized in a single visual &#8211; the Snowflake &#8211; making it easy to evaluate Tencent Music Entertainment Group&#8217;s overall financial health at a glance.<\/li>\n<\/ul>\n<h2>Want Some Alternatives?<\/h2>\n<p>The market won&#8217;t wait. These fast-moving stocks are hot now. Grab the list before they run:<\/p>\n<p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data<br \/>\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.<\/strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your<br \/>\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.<br \/>\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.<br \/>\n    Simply Wall St has no position in any stocks mentioned.<\/em><\/p>\n<div class=\"sc-80c0fb9d-0 hfaySj\">\n<h3 class=\"m-0 text-balance text-mega font-medium mb-4 font-serif\">Valuation is complex, but we&#8217;re here to simplify it.<\/h3>\n<p>Discover if Tencent Music Entertainment Group might be undervalued or overvalued with our detailed analysis, featuring <strong>fair value estimates, potential risks, dividends, insider trades, and its financial condition.<\/strong><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\/valuation\" target=\"_blank\" class=\"sc-kuACkN kjLJKA !text-[--s-button-primary-color-text] !no-underline\" data-focus=\"dashed\">Access Free Analysis<\/a><\/div>\n<p class=\"sc-3204b94-2 cZQCtj\"><strong>Have feedback on this article? Concerned about the content? <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/feedback.simplywall.st\/article\/NDM5MjEwNDo0ZDlkMmIyZDJlNmU1NjUw\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"company-report-links\">Get in touch<\/a> with us directly.<\/strong><em> Alternatively, email <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/simplywall.st\/stocks\/us\/media\/nyse-tme\/tencent-music-entertainment-group\/news\/mailto:editorial-team@simplywallst.com?subject=Re%3A%20Your%20article%20on%20NYSE%3ATME%20(news)%20from%202nd%20February%202026\" rel=\"nofollow\">editorial-team@simplywallst.com<\/a><\/em><\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source simplywall.st \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JYP Entertainment\u2019s Chinese subsidiary JYP China recently announced the launch of ONECEAD, a joint venture with CJ ENM and Tencent Music Entertainment Group, focused on artist management, music production, concerts, and merchandise, including oversight of the global boy group Modyssey and expansion in the Greater China region. The partnership gives Tencent Music a deeper role [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2263740,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2263739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Will-ONECEAD-Joint-Venture-Deepen-Tencent-Music-Entertainment-Groups-TME.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2263739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2263739"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2263739\/revisions"}],"predecessor-version":[{"id":2263741,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2263739\/revisions\/2263741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2263740"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2263739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2263739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2263739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}