Music Business News: Japan

Label has launched with the release of the track Ding Dong (feat A.G.O.) by Japanese R&B singer FLEUR

There are signs that cross-media projects are being built across Sony Corp

Audio subscription revenues made up 12.4% of Japan's total recorded music revenues in H1 2019; physical audio formats contributed 53.3%.

Expansion provides substantial growth opportunity for the independent sector in second-largest global music market

MBW estimates that Universal, Sony and Warner are now collectively worth just shy of $89bn

SPOT is reaching less than 1.5% of its potential addressable market outside of Europe and the Americas

Boyband works with Big Hit and Universal Music for their Japanese music

MBW analysis shows that global major label streaming revenue growth slowed by 19.1% YoY in the first six months of this year