Music Business News: China
News Music revenue was driven up by increased ARPPU and continued growth in its Super-VIP subscription tier News HYBE's superfan platform Weverse is making significant inroads into China through strategic partnerships with two of the market's digital giants News Luminate, Billboard’s longtime official Charts partner, will track streaming and sales metrics from TME platforms News Under NYSE regulations, a stock whose value falls below $1 per share for more than 30 trading days can be delisted News The two parties will combine ticket presales with flights, hotels and local experiences through a multi-year agreement. News Both will be based in Hong Kong and report directly to Timothy Xu, chairman and CEO of Universal Music Greater China. News A deal to transfer TikTok's US operations to US owners appears to be getting closer. News Ten years after her debut, Nana Ouyang re-joins Universal Music Greater China