Music Business News: China
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 News Both the number of subscribers and revenue per paying subscriber are growing rapidly at TME News The social media giant's efforts at e-commerce are backfiring with users, a news report says News TikTok took swift action over a list of videos that MBW identified as 'manipulating' UMG content