Music Business News: Japan

Sony pumps another $200m into Fortnite maker Epic Games as part of $1bn funding round

MBW estimates that Sony now owns between 2% and 2.5% in Epic Games

Why we believe streaming subscription ARPU fell by around 8% globally for the record industry last year

MBW runs the numbers from the IFPI's must-read new Global Music Report covering 2020

Global recorded music revenues grew 7.4% to $21.6bn in 2020, in spite of the pandemic

Paid subscription streaming revenues increased by 18.5% last year

Japan’s Avex Entertainment and AEG Presents form AEGX live music joint venture

AEGX will provide Avex with access to AEG Presents’ worldwide portfolio of venues, festivals, and global touring partnerships

Universal launches Virgin Music Label & Artist Services around the world, rebranding Caroline and Caroline International

Virgin Music Label & Artist Services leadership teams appointed in the US, UK, France, Germany, Japan & Latin America

‘Breaking Japanese artists internationally has never been easy. But barriers are crumbling…’

In this feature, we speak to Kaz Kobayashi, President and CEO of Warner Music Japan

Sony Music revenues soared above $4.5bn in 2020, after huge final quarter of the year

Sony Music's streaming revenues jumped by 19.5% in 2020, and by 26% in calendar Q4

Rui Suzuki appointed Chief Financial Officer at Universal Music Japan

Suzuki joins from personal financial management service, Moneytree