Music Business News: Asia
News Believe has named Chris Meehan as Believe’s CEO of Publishing News New local media reports emerge about ongoing investigation in South Korea News Both will be based in Hong Kong and report directly to Timothy Xu, chairman and CEO of Universal Music Greater China. News The new venture will be led by Nam Nhu Nguyen, who will be based in Ho Chi Minh City. News A deal to transfer TikTok's US operations to US owners appears to be getting closer. News Issa Outa will continue reporting to Sony Music Middle East Managing Director Rami Mohsen while also working with Ben Akinbola, AWAL's Head of Growth News The financing arrangement was struck with Commercial Bank of Dubai, AAIB, and Santander. News HYBE sold its 7.67% stake in YG Plus via after-hours block trade transactions.