Music Business News: Japan

Tamaki Yamashita named Director of SPACE SHOWER FUGA, as joint venture opens for business in Japan

First announced in December 2020, the JV adds 15 Japanese DSPs to FUGA’s network of DSPs across APAC

The major music companies now turn over $2.5m every hour – and will generate more than $20bn between them this year

MBW's number-crunching tells us it's going to be a gangbusters year for the majors

Sony’s recorded music revenues jumped by $451m YoY in calendar Q2, as streaming revenues rose 50.2%

Streaming revenues brush the billion-dollar mark in standout quarter for Rob Stringer's operation

‘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