Music Business News: Asia
News HYBE's superfan platform Weverse is making significant inroads into China through strategic partnerships with two of the market's digital giants
News South Korean tax authorities are looking into how 400 entities, representing the top 1% of sellers on major ticketing platforms, control nearly half of all sales.
News Weverse had 11.6 million monthly active users, up by +700,000 from the 10.9 million recorded in Q2 202.
News Luminate, Billboard’s longtime official Charts partner, will track streaming and sales metrics from TME platforms
News A sharp jump in concert and merchandise revenue also contributed to the company's blockbuster Q3 earnings
News News arrives just over a week after bemyfriends secured a $14.7m investment from Goodwater Capital
News The court found it "difficult to conclude" that ADOR breached its contract solely on the grounds of Min Hee-jin’s dismissal.
News WMG exec will now oversee company's recorded music businesses in Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam