Music Business News: Asia
Analysis This article originally appeared in Tim Ingham’s latest 'Tim's Take' email, issued exclusively to MBW+ subscribers. News Globally, 82% of music and TV/movie streams come via paid subscription accounts; in the APAC region, that's just 62% reports Luminate News Through the partnership, AXS says it “will offer more diverse live events and activities in Singapore and the region.” 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.