China’s leading online music entertainment platform, Tencent Music Entertainment Group (TME), has signed a three-year deal with the Galaxy Entertainment Group to stage events at the 16,000-seat Galaxy Arena – the largest indoor arena in Macao.
According to details released on Monday, the deal covers the staging of music ceremonies and festivals as well as regular concerts. The first event under the agreement – a sellout show by 24-year-old Chinese pop idol Cai Xukun – has already been held.
Several other top-flight Chinese stars are set to perform at the arena, including the soulful Tia Ray, vocal sensation Zhou Shen (also known as Charlie Zhou), and Shanghainese singer-songwriter Tiger Hu.
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“We are thrilled to collaborate with TME Live, as we firmly believe that this partnership has immense potential in encouraging cultural exchange between Macau and the Mainland, creating synergies, enriching the travel and leisure experiences of Macau residents and tourists, and propelling Macau’s cultural and entertainment industry to new heights”, said Francis Lui, Galaxy’s vice chairman.
TME’s Pan Tsai-Chun, vice president of the company’s content cooperation department, promised “music lovers a spectacular sonic feast for the eyes and the ears” through the tie-up with Galaxy, and said the move would help “bring world-class Chinese music to an international fanbase.”
Galaxy Entertainment Group reported a net revenue of HK$7.05 billion dollars in the first quarter of the year – 142 percent higher than the preceding quarter. It attributed the performance to “solid pent-up customer demand following the relaxation of travel restrictions”.
