Music Business News: Asia
News She will report to HYBE CEO Jason Jaesang Lee and remain based in Los Angeles.
News HYBE is reportedly in talks to transfer Supertone's voice-conversion and noise-removal tools, Shift, Clear and Air, to an outside buyer.
News Recorded music revenue grew 43.0% YoY to KRW 326.8 billion ($218m), also led by ARIRANG.
News The change applies only to songs and music, while registration fees for other categories of creative work are unchanged.
News Spending on music acquisitions pulled Tips' operating EBITDA margin down to 50.3%, from 64.2% a year earlier and 74.0% in the preceding quarter.
News The regulator fined Apple Distribution International KRW 252 million (about $170,000) over the collection of Siri recordings and transcripts without consent.
News It would also make the use of copyrighted works to train AI models subject to fair-use limits or licensing agreements, Reuters reported.
News The group will be produced by Han Sung Soo, the founder of PLEDIS Entertainment, who has produced groups including SEVENTEEN.