Music Business News: Asia News Sir Lucian Grainge: Tencent’s bid to buy 10% of Universal is an ‘exciting development’ "This is an exciting development for both Vivendi and UMG and affirms once again just how much our strategy and hard work are succeeding." News Tencent in talks to buy 10% of Universal Music Group "Together with Tencent, Vivendi hopes to improve the promotion of UMG’s artists, with whom UMG has created the greatest catalogue of recordings and songs ever, as well as identify and promote new talents in new markets." Analysis News Lil Nas X helps drive Sony Music streaming revenues up 27% to $605m in last quarter Major labels now turning over more than $20m from streaming every single day News TikTok owner Bytedance buys AI music company Jukedeck Jukedeck had raised $2.5m before the deal was executed News The birth of Sony Music Group creates a joined-up superpower at the heart of the music business MBW estimates that SMG will turn over more than $5bn each year, including Japan News Rob Stringer to run new Sony Music Group, housing publishing and records, from August 1 Sony/ATV Music Publishing Chairman and CEO Jon Platt will report to Stringer News Alibaba-owned Xiami Music partners with HD audio firm MQA Xiami Music is China's first domestic MQA-enabled music service News Spotify Lite Android app rolled out in 36 markets across Asia, Latin America, Middle East and Africa App uses less storage, data, and battery power Prev 1 … 199 200 201 … 235 Next
News Sir Lucian Grainge: Tencent’s bid to buy 10% of Universal is an ‘exciting development’ "This is an exciting development for both Vivendi and UMG and affirms once again just how much our strategy and hard work are succeeding."
News Tencent in talks to buy 10% of Universal Music Group "Together with Tencent, Vivendi hopes to improve the promotion of UMG’s artists, with whom UMG has created the greatest catalogue of recordings and songs ever, as well as identify and promote new talents in new markets."
Analysis News Lil Nas X helps drive Sony Music streaming revenues up 27% to $605m in last quarter Major labels now turning over more than $20m from streaming every single day
News TikTok owner Bytedance buys AI music company Jukedeck Jukedeck had raised $2.5m before the deal was executed
News The birth of Sony Music Group creates a joined-up superpower at the heart of the music business MBW estimates that SMG will turn over more than $5bn each year, including Japan
News Rob Stringer to run new Sony Music Group, housing publishing and records, from August 1 Sony/ATV Music Publishing Chairman and CEO Jon Platt will report to Stringer
News Alibaba-owned Xiami Music partners with HD audio firm MQA Xiami Music is China's first domestic MQA-enabled music service
News Spotify Lite Android app rolled out in 36 markets across Asia, Latin America, Middle East and Africa App uses less storage, data, and battery power