Music Business News: Asia
News China-based streaming service said to be interviewing potential banks over the next month with plans to float in the US News Major continues to hold just under 5% of stock in Spotify, says Sony Corp News New publishing and label roles available in Tokyo, Singapore or Seoul News TMG merged with Baidu Music in 2015 to form a join label/platform operation News India's biggest corporation, Reliance Industries Limited, masterminds merger News Merlin inks non-exclusive deals with Alibaba, Tencent and NetEase Cloud Music News Physical revenues make up more than 80% of local market News Adrian Cheesley leaves major having first joined EMI in 1990