Music Business News: China

TikTok launches LIVE Fan Club feature as platform hits 130M daily livestreamers

Fan Club members receive perks like access to exclusive chat rooms, special badges, and entrance spotlights when joining livestreams.

From Ed Sheeran’s copyright victory to the EU’s review of UMG’s Downtown buyout… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

Headphone maker Beyerdynamic sold to China’s Cosonic for $139m

Cosonic says the deal will help it enhance its resilience against the uncertainties of potential trade hurdles.

From Sony’s $2.5bn spent in the past year to UMG’s Patrick Whitesell JV… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

Tencent Music to acquire Ximalaya, one of China’s largest audio platforms, in $2.4bn deal

Deal to acquire audio platform confirmed in SEC filing on Tuesday, June 10.

From the majors’ reported AI music licensing talks to Goldman Sachs’ new report… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

From Taylor Swift’s masters victory to HYBE’s eventful week… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

HYBE launches subsidiary in China, as K-Pop giant’s global expansion continues

China is the world's fifth-largest recorded music market