Music Business News: China
News The bill now only needs President Joe Biden's signature to become law Analysis TME is one of the most enthusiastic adopters of AI among music streaming companies, but it sees plenty of unknowns in the technology Analysis News Legislation forcing ByteDance to sell TikTok or face a ban in the US has passed the House and is headed for a vote in the Senate News TikTok has denied a report that general counsel Erich Andersen announced in an email he would be stepping down News TF Entertainment is noted in China for having adapted the trainee system (originally used in K-pop) for the Chinese music business Analysis News Key takeaways from Tencent Music Entertainment's latest earnings call News Exec will continue to be involved with TME in a consulting capacity Analysis News IFPI has published its Global Music Report, which shows global trade revenues for the recorded music industry in 2023