Music Business News: Asia

SM Entertainment artists including EXO, Red Velvet and aespa to join HYBE’s superfan app Weverse next week

SM Entertainment artists will officially be joining Weverse on September 12

HYBE and Geffen want to globalize the ‘K-pop methodology’ – and launch the world’s biggest girl group. Will they succeed?

They don't even have a name yet – but HYBE and Geffen's ambitions for their new girl group are sky high

Singapore-based Evergreen Group Holdings to invest $7.5m in K-Pop company Attrakt

Attrakt is the company behind girl group FIFTY FIFTY

Timothy Xu, former Sony Music boss in China, named CEO and Chairman of Universal Music Greater China

China broke into the world's Top 5 recorded music markets in 2022, according to IFPI data

SM Entertainment partners with RCA Records on new K-Pop group, RIIZE – whose debut single surpassed 1m physical pre-orders

Partnership was announced at a press conference in Seoul on Monday (September 4)

Universal Music just swooped for a prominent company in UAE. The race is on for the majors to build market power in MENA.

The sound of opportunity for the record business across the Middle East and North Africa (MENA) is getting louder.

Warner Music strikes ‘landmark album deal’ with superstar Chinese artist Lay Zhang

Artists is also the CEO of Chromosome Entertainment

Exceleration Music expands to Asia by investing in India-based indie label Azadi Records

Company makes financial investment in India-headquartered independent record label, Azadi Records