Warner Music Group has finalised its acquisition of Gold Typhoon Group, the Chinese entertainment company and record label with a 600,000 strong catalogue, as well as entering a partnership with internet company Tencent Holdings Ltd.

Tencent will distribute Warner’s catalogue and manage all new releases to Chinese audio services (excluding mobile carriers), overseen by Warner Music China. The partnership will also see Warner music distributed through Tencent’s instant messaging/micro-blogging QQ platform, which has 820 million users in China according to ...