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Tencent Music Achieves A Standout Q2 2025

Tencent Music Achieves A Standout Q2 2025
Tencent Music Entertainment Group, a leading online music entertainment platform with 124.4 million paying users and 553 million total monthly active users, delivered a standout second quarter in 2025, with total revenues climbing 17.9% year-over-year to RMB 8.44 billion (U.S. $1.18 billion). Online music services drove much of that growth—up 26.4% to RMB 6.85 billion—while music subscription revenue alone rose 17.1% to RMB 4.38 billion. Strong unit economics lifted monthly ARPPU from RMB 10.7 to RMB 11.7, fueling a 43.2% jump in net profit attributable to equity holders to RMB 2.41 billion (US $336 million) and a non-IFRS net profit increase of 37.4%. At quarter end, cash, cash equivalents, term deposits and short-term investments totaled RMB 34.92 billion, underpinning the company's robust balance sheet. On the user front, Tencent Music's ecosystem remains vast and engaged. Monthly active users for online music stood at 553 million, with paying subscribers rising 6.3% to 124.4 million....
---> Tencent Music Achieves A Standout Q2 2025.

 

 

Great News! SWAF And PAF 2026 Show Updates

Great News! SWAF And PAF 2026 Show Updates
Southwest Audio Fest (SWAF) listens to vendors and attendees. "For years the audio industry has talked about how slow Sundays are," says Lou Hinkley and Gary Gill of SWAF. "We at SWAF have listened and are dropping Sundays and adding Thursday to generate more traffic, while leaving you more time on Sundays for your families. Our experience at the Southwest Audio Fest seems like Dallas would be a perfect candidate to try the Thursday – Friday - Saturday experience. Thursday’s show hours will be 2pm to 8pm, providing more options for attendees with busy schedules. Friday and Saturday will remain 10am to 6pm with many rooms having evening and after hours listening events. See you all in July 2026 at SWAF! The latest news from Pacific Audiofest (PAF): "In 2024 we considered making PAF a biennial event, and scheduled the next show for 2026," says PAF. "Turns out everyone wants it to be an annual event. So beginning in 2026 it will continue every year."
---> Great News! SWAF And PAF 2026 Show Updates.

 

 

Zurich's Finest Audio Show 2025 By High End Society

Zurich's Finest Audio Show 2025 By High End Society
The Finest Audio Show Zurich returns on 1 and 2 November 2025 at the Mövenpick Hotel Zurich Regensdorf, riding high on the momentum generated by its successful comeback last fall. Bringing together national and international sound expertise under one roof, it reinforces the Swiss hi-fi tradition that has been decades in the making. Over two days, exhibitors and visitors alike will tap into fresh new ideas—from modular, space-saving systems to cutting-edge high-end installations—affirming the show's role as the driving force behind Switzerland's vibrant hi-fi market. Under the banner of quality, regional character and brand diversity, the event showcases a curated lineup of products across the full spectrum of audio excellence. Attendees can experience intelligent streaming platforms, state-of-the-art turntables, classic tube amplifiers, high-fidelity headphones and proven two-channel systems in a home-like setting designed for optimal sound.
---> Zurich's Finest Audio Show 2025 By High End Society.

 

 

audioXpress September 2025

audioXpress' September 2025 Issue
Editorial: Different Perspectives In Music And Sound Reproduction
An Image Model Theory For Stereophonic Sound
Audinate Dante Virtual Soundcard
Audio-Speech Processing And Microphone Arrays
Phase Delay, Group Delay, And Circuit Sensitivity Basics
A Power Supply Filter
Connected Home Audio And Home Theater
High End Munich 2025
Build Your Own Guitar Amp
And Much More!
---> audioXpress September 2025 Issue.

 

 

audioXpress       Hi-Fi+ Magazine

 

 

High-End Audio Show Reports

HIGH END Munich 2025 Audiophile Show Report
HIGH END Munich 2025

 

Lone Star Audio Fest 2025 Show Report
Lone Star Audio Fest 2025

 

AXPONA 2025 High-End Audiophile Show Report
AXPONA 2025

 

Montreal Audiofest 2025 Show Report
Montreal Audiofest 2025

 

Southwest Audio Fest 2025 High-End Audio Show Report
Southwest Audio Fest 2025

 

Florida International Audio Expo 2025 High-End Audiophile Show Report
Florida International Audio Expo 2025

 

Capital Audiofest 2024 Show Report (CAF 2024)
Capital Audiofest 2024

 

Toronto Audiofest 2024 Show Report
Toronto Audiofest 2024

 

UK Audio Show 2024 Report
UK Audio Show 2024

 

Pacific Audio Fest 2024 Show Report
Pacific Audio Fest 2024

---> More Show Reports 

 

 

600 Watts Of Musical Bliss: Rotel Michi X5 Series 2 Integrated Amplifier Review

600 Watts Of Musical Bliss: Rotel Michi X5 Series 2 Integrated Amplifier Review
A modern Swiss Army Knife stereo integrated amplifier for music lovers.
Review By Brett Rudolph
A few months ago, I had the pleasure of attending the Florida International Audio Expo 2025. It was an incredible show, and the week I got home, I got even better news. My editor had arranged for me to review the new Rotel Michi X5 Series 2 solid-state stereo integrated amplifier with phono stage and Hi-Res Audio DAC here at Enjoy the Music.com. Michi is a designation that represents a flagship series of components within Rotel's family of products. Originally introduced to the market in 1993, it showcased all the best that Rotel had to offer. However, the components as we know them today were reintroduced to the market in 2019. These latest incarcerations continue to showcase the best Rotel has to offer while keeping audiophile values alive. Of course, all the labels aside, the thought of getting an integrated amplifier excited me personally.
---> 600 Watts Of Musical Bliss: Rotel Michi X5 Series 2 Integrated Amplifier Review.

 

 

 Pilot Radio Vacuum Tube Stereo Preamplifier Review

World Premiere Review!
Vintage Warmth Meets Modern Clarity: Pilot Radio Vacuum Tube Stereo Preamplifier Review
Elevating your hi-fi setup with a blast from the past.
Review By Paul Schumann
My dad passed away last August. This has brought back many fond memories of him. One of my earliest memories was of my dad's sound system in the bedroom beside mine. I only got a few peeks in there since my presence in that chamber was normally strictly verboten. Besides the fantastical sounds that I could hear, I remember the orange glow coming from the Dynaco ST 70 and a mixture of the mingled aromas of solder and fresh vinyl. My dad only had his special music room a couple of years before my brother arrived. I moved into my dad's sanctum, and his audio system, vinyl, and tapes were banished to the basement. Such are the sacrifices of a parent. Even in the basement, that great stuff was behind a locked door to keep it away from my grubby mitts. My dad spent quite a bit of time down there when I was young, but as the years passed, the basement became the domain for my brother and me.
---> Vintage Warmth Meets Modern Clarity: Pilot Radio Vacuum Tube Stereo Preamplifier Review.

 

 

The Slot Loaded Open Baffle Loudspeaker Project By Nelson Pass Of Pass Labs First Watt

The Slot Loaded Open Baffle Loudspeaker Project
Article By Nelson Pass
In 1972 I had the good fortune to begin working for ESS, arriving a few weeks before they met Oskar Heil and his air motion transformer design. You can imagine the excitement that followed. The first Heil tweeter was a dipole design like an open baffle and it operated from about 800 Hz to above 20 kHz with high accuracy and efficiency. Once the tweeter had been launched in a commercial product, thoughts turned to the notion of a low frequency version. Oskar had a design which looked like a stack of pancakes with magnets on the top and bottom and a series of parallel cones driven by rods which passed through small holes in the cones. As a concept it was workable, but it did not look like something that would be easily made. While Oskar continued to develop that approach I put together a prototype for the AMT-3 that used six regular woofers firing against flat panels in a slot loading arrangement.
---> The Slot Loaded Open Baffle Loudspeaker Project.

 

 

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