Sina Science and Technology News on the afternoon of April 30th, Billboard, an authoritative American music and entertainment magazine, released the "2024 Billboard's 2024 International Power Players". Among them, Peng Jiaxin, executive chairman of Tencent Music Entertainment Group Group, and Liang Zhu, CEO, were jointly selected as the "2024 international most influential people list", further highlighting the international influence of China's music industry. At the same time, Tencent Music Entertainment Group Group is also the only Chinese music company on the list.

Billboard commented on the reasons for being selected.LedgeraxieinfinityAs a leader in online music entertainment services in China, Tencent Music Entertainment Group Group's online music business is booming. According to its financial results for the fourth quarter and the whole year of 2023, online music subscription revenue increased by 39% compared with the same period last year.Ledgeraxieinfinity.1 per cent reached 12.1 billion yuan (US $1.7 billion), and the number of online music-paying households reached another record high of 106.7 million. " Under the leadership of Tencent Music Entertainment Group Group Executive Chairman Peng Jiaxin, CEO Liang Zhu, and the management team, Tencent Music achieved high-quality growth in 2023, but also continues to contribute to the healthy and long-term development of China's music industry.

Billboard's "2024 International most influential people" aims to recognize business leaders who have made positive contributions to the development of the global music industry over the course of the year. Other winners include Global Music, Warner Music, Sony Music, Live Nation, BMG and other global music companies.