Music Business News: Asia
News Nebula 17 was founded earlier this year with multi-million-dollar backing from US and Japanese investors News HYBE said it plans to cooperate with the police investigation "as much as possible." Analysis TME's overall music operation, including ads, subscription, and merch sales, brushed USD $1 billion in revenues in the quarter News Lofai’s appointment fits into Robert Kyncl's plan to strengthen Warner’s presence in the region’s fast-changing music scene News CEO Cheol-hyuk Jang said SM aims to create "a comprehensive idol success model" in partnership with Tencent Music. News The selection process involves document review, three rounds of Tokyo-based screenings, and final judging in the US. Analysis News Bad Bunny's latest album was Sony's biggest revenue-generating project in the three months around the world News Attrakt sued Warner Music Korea in October 2024, accusing it of “tampering” with members of the girl group Fifty Fifty.