Music Business News: Asia

BandLab parent relaunches long-running music media brand NME as global print magazine

Magazine will have exclusive availability via BandLab parent-owned Music Retailer Dawsons

SESAC Music Group partners with five Southeast Asian collection societies to form multi-territorial digital licensing hub

The group of societies have formed The Asian Alliance Music Rights Organization (AAMRO)

$100m-backed Asia-focused fund blackx strikes global music rights partnership with superstar Tanya Chua

Fund launched in late September with an initial USD $100 million in financing

TikTok Music expands to Australia, Mexico and Singapore

Expansion comes two weeks after TikTok Music launched in Brazil and Indonesia

TikTok and Warner Music Group sign ‘first of its kind’ multi-year licensing deal – including scope for ‘additional and alternative economic models’

WMG boss Robert Kyncl and TikTok CEO Shou Zi Chew make major joint announcement

Tencent Music Entertainment’s Chief Strategy Officer Tony Yip to exit at the end of August

Exec led TME's two public listings on the New York Stock Exchange and on the Hong Kong Stock Exchange

HYBE share price bounces 3% after Jungkook breaks Spotify record with nearly 16m debut-day global streams of Seven

It's the biggest opening day of any track in 2023 on Spotify, and the biggest ever opening for a collaboration

NetEase Cloud Music inks strategic deal with China’s RYCE Entertainment – including a 30-day exclusive window for new releases

RYCE Entertainment's roster includes stars like Jackson Wang