Music Business News: Japan

‘The music industry’s shift to digital in Japan appears to be gaining traction.’

Line Music's Misaki Iki talks MBW through the Japanese market – and its future possibilities

Sony says it’s ‘aggressively pursuing’ music acquisitions… and buys a Mexican catalog to prove it

Comment comes as Sony Music Group posts a strong quarter in the three months to end of March

Sony Music soared in calendar Q1, with over $1.3bn in recorded music revenue banked

Sony Music Publishing revenues rise 11% year-on-year at the US dollar level

Japan’s Avex Group expands into North America, led by President Naoki Osada

Avex USA to house Avex USA Publishing, record label SELENE and the Future of Music Investment Fund

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