Music Business News: Asia

Sales from Seventeen, Jungkook and other BTS solo stars drove HYBE’s revenues to over $400m in Q3

South Korea-based entertainment giant HYBE has published its financial results for Q3

Anghami could be delisted from the Nasdaq this week (or in the very near future)

Anghami has received a 'delist determination letter' from the Nasdaq

Jungkook smashes record for fastest song to hit 1bn streams on Spotify with ‘Seven’

Seven smashed the previous record set by Miley Cyrus’ Flowers

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Only MBW+ subscribers will have unlimited access to Music Business Worldwide analysis and data

Global songwriter royalty collections hit $11.35bn in 2022 – with Latin America revenues up 64.9% YoY

Publisher and songwriter royalties collected globally grew 28% YoY in 2022

3 observations on… how Japan’s music industry caters to (and relies on) ‘superfans’ more than any other market

Examples of how Japan's music business has fostered a special kind of connection with superfans in its market

HYBE-signed K-Pop stars Le Sserafim partner with games developer Blizzard Entertainment for Overwatch 2 collaboration

The deal marks the game’s first musical artist collaboration

Universal Music just opened a retail ‘superstore’ for ‘super fans’ in Tokyo – plus The Rolling Stones’ second flagship store

The Store features RS No.9 HARAJUKU, the second permanent Rolling Stones retail store outside of London