21. Warner Music

Headquarters: New York
Bought By: Tencent
Headquarters: Nanshan District, Shenzhen

Warner Music is a huge name in the recording industry, with its HQ in the Big Apple. As one of the three biggest labels (alongside Universal Music Group and Sony) its impact on the industry can’t be underestimated. American company Access Industries holds the majority stake in the company with 86.3%, but Tencent holdings owns 1.6%.

Warner Music ©Chrispictures / Shutterstock.com
On paper, 1.6% sounds like a minute figure, but in reality, it’s still a sizable amount. The company bought its $200 million stake in the New York based business in mid-2020. Interestingly, Tencent also has stakes in Universal.