Music Business News: China
News Oracle will oversee how the algorithm operates in the US to “ensure improper manipulation is prevented,” Bloomberg reported, citing a White House official.
News Who's buying TikTok's US operations - or what exactly they'll get for their money - is not yet known
News The Chinese music streaming platform will gain access to over 70 Korean drama soundtracks from South Korea-based Most Contents
Analysis What we learned from TME's Q2 earnings call this week – and what is suggests about the future of music
News China's second-largest music streamer saw an overall decline in revenue due to continued weakness in social entertainment services
Analysis TME's overall music operation, including ads, subscription, and merch sales, brushed USD $1 billion in revenues in the quarter
News Lofai’s appointment fits into Robert Kyncl's plan to strengthen Warner’s presence in the region’s fast-changing music scene
News In January, NetEase Cloud Music secured a temporary deal to keep SM's catalog available beyond the January 31 contract deadline.