Music Business News: China

Universal Music Greater China acquires Carrier Creative catalog, home to ‘golden-era’ Mandopop recordings by Little Tigers and Johnny Chiang

The deal was announced on Monday (June 8) at UMGC's inaugural China Summit in Beijing.

Universal Music signs Mandopop star Jason Zhang to develop his international career

New agreement with Zhang and his Planet Culture label extends across music, live business and strategic development.

‘After K-pop, Chinese pop music will come to the world next.’

UMG Greater China Chairman and CEO Timothy Xu on the company’s ‘Glocal’ strategy, and why he believes Chinese pop will be the next genre to go global...

News

Kakao’s Melon, Tencent Music, and Line Music to launch unified K-pop chart that pools streaming data from South Korea, China, and Japan

Melon will upload congratulatory video messages from artists including NCT Taeyong, Le Sserafim, ALPHA DRIVE ONE, and AND2BLE ahead of the launch.

News

The latest Music Business Worldwide Magazine is out now. Read it here.

As ever, the latest issue is packed with insight about the past, present, and future of the music business... plus impressive people.

News

Tencent Music completes $2.4B acquisition of audio platform Ximalaya

Ximalaya is one of China's largest podcasting and audiobooks platforms

Analysis News

Tencent Music is quietly building a live music empire. Concerts could become the streaming giant’s ultimate differentiator in the age of AI.

TME's non-subscription music services revenue, encompassing live concerts, advertising, and merchandise, jumped 28.0% YoY to RMB 1.94 billion (USD $282 million) in Q1

Analysis

Tencent Music investors see ByteDance’s Soda as a major threat. What is it, and why are they so worried?

MBW explains why Soda Music has become such a preoccupation for TME's shareholders.