Music Business News: Japan

Sony Music plans to ‘aggressively pursue repertoire acquisition’

Investor presentation from July reveals key tenets of major's strategy

Streaming is crushing downloads at Sony Music, claiming 42% of revenues

Streaming will soar over $1bn this calendar year despite currency issues

Merlin opens Japan office in Tokyo, headed by Haji Taniguchi

Streaming was up 85% in value in Japan in H1 2016

Spotify launches in Japan with Premium costing $10 a month

Subscription streaming currently only makes up 8% of Japan's market

Sony slashed 60% of EMI Publishing staff after historic $2.2bn buyout

Sony documents show heavy job losses at historic major company

Major labels generated $5bn in first half of 2016 – as Universal took lion’s share

Universal's streaming market share is greater than its overall holding

Sony’s publishing revenues fall as its copyright count blasts past 4.2m

Sony Corporation results show publisher was hit by exchange rates

Streaming now makes Sony $25m a week – overtaking physical and download

Streaming grows 39% as downloads plummet by 21%