Music Business News: Asia

TikTok users watch the app for an average of 89 minutes per day – and there’s 732m of them worldwide

Leaked pitch deck reveals a slew of the Bytedance app's key numbers in 2021

Sony pumps another $200m into Fortnite maker Epic Games as part of $1bn funding round

MBW estimates that Sony now owns between 2% and 2.5% in Epic Games

Tencent-owned music streaming service JOOX inks licensing deal with Merlin

Agreement licenses Merlin content via JOOX’s ad-supported and premium tiers, as well as its karaoke feature

Sony Music Publishing India signs global deal with Anand Audio

Company represents over 5,000 tracks and over 700 original Kannada film soundtracks

T-Series joins IPRS, marking a ‘watershed moment in the Indian music industry’

T-Series owns the world's biggest YouTube channel with over 178 million subscribers

From Scooter Braun’s billion-dollar deal to Apple’s backing of UnitedMasters: It’s MBW’s Weekly Round-up

The biggest music industry stories of the week, all in one place

Scooter Braun sells Ithaca Holdings to HYBE, formerly known as Big Hit Entertainment, for $1 billion

Ithaca owns SB Projects as well as Big Machine Label Group and more

Warner-owned hip-hop media platform HipHopDX expands into Asia

HipHopDX Asia will be led by Eddy Lim