Music Business News: Asia News Two thirds of TikTok’s viral hits are sparked by organic content, with no spend on advertising or influencers (report)Creative consulting agency ContraBrand publishes report on How Artists are Going Viral on TikTok in 2022 Analysis News After huge success with King & Prince in Japan, UMG signs Johnny & Associates boy band ‘Travis Japan’ to Capitol Records for global debut'We are pleased to expand our working relationship with Julie and the great team at Johnny & Associates,' says Sir Lucian Grainge News Universal buys majority stake in India-based TM Ventures, which manages superstars Arijit Singh and BadshahTM Ventures was formed by Indian entrepreneur Tarsame Mittal Analysis Interviews News New $100m-backed fund launches to buy catalogs in Asia, led by industry veteran Chee Meng Tan and ex-Universal Music China MD Garand WuSingapore-based music fund launches with initial raise of USD $100m News VR concert startup AmazeVR raises $17m, with Korea’s CJ Entertainment joining as strategic investorPast investors re-up interests, including Mirae Asset Capital, Mirae Asset Venture Investment, CJ Investment, Smilegate Investment and others News After hitting 50m users, BandLab launches premium profile-boosting tool at $14.99 a monthNew tool will allow users to promote their music by turning their posts into featured ads News Believe makes series of leadership hires and promotions in Southeast AsiaBelieve says that these new executive appointments 'are central to capitalize on the growth trajectory across the region' News TikTok parent Bytedance to repurchase up to $3bn in sharesByteDance is reportedly offering to buy back up to $3bn worth of shares from investors at $176.94 apiece1 2 … 98 Next
News Two thirds of TikTok’s viral hits are sparked by organic content, with no spend on advertising or influencers (report)Creative consulting agency ContraBrand publishes report on How Artists are Going Viral on TikTok in 2022
Analysis News After huge success with King & Prince in Japan, UMG signs Johnny & Associates boy band ‘Travis Japan’ to Capitol Records for global debut'We are pleased to expand our working relationship with Julie and the great team at Johnny & Associates,' says Sir Lucian Grainge
News Universal buys majority stake in India-based TM Ventures, which manages superstars Arijit Singh and BadshahTM Ventures was formed by Indian entrepreneur Tarsame Mittal
Analysis Interviews News New $100m-backed fund launches to buy catalogs in Asia, led by industry veteran Chee Meng Tan and ex-Universal Music China MD Garand WuSingapore-based music fund launches with initial raise of USD $100m
News VR concert startup AmazeVR raises $17m, with Korea’s CJ Entertainment joining as strategic investorPast investors re-up interests, including Mirae Asset Capital, Mirae Asset Venture Investment, CJ Investment, Smilegate Investment and others
News After hitting 50m users, BandLab launches premium profile-boosting tool at $14.99 a monthNew tool will allow users to promote their music by turning their posts into featured ads
News Believe makes series of leadership hires and promotions in Southeast AsiaBelieve says that these new executive appointments 'are central to capitalize on the growth trajectory across the region'
News TikTok parent Bytedance to repurchase up to $3bn in sharesByteDance is reportedly offering to buy back up to $3bn worth of shares from investors at $176.94 apiece