Music Business News: Asia

Sony Music Entertainment Japan acquires ‘full rights’ to Spookiz animation franchise

Sony Music Labels will work with South Korea's Keyring to produce new Spookiz animations.

From Sony’s $2.5bn spent in the past year to UMG’s Patrick Whitesell JV… it’s MBW’s Weekly Round-Up

The five biggest stories to hit our headlines over the past seven days

Sony Music spent $2.5bn on 60+ deals in the past year (and 7 more things you should know from Rob Stringer’s latest investor presentation)

Rob Stringer, the Chairman of Sony Music Group and CEO of Sony Music Entertainment, updated investors on the music company's performance and strategy on Friday morning (June 13).

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Music tech firm Larrosa launches in Dubai with $16m+ in assets under management and a ‘strategic roadmap’ for MENA expansion via ‘targeted acquisitions’

Company is 'actively engaged in discussions with various investment funds'

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Sony Corp opens up 360 virtual mixing audio tech to music creators and more

The technology uses specialized headphones to recreate the acoustic environment of professional studios, allowing anyone to produce studio-quality mixes anywhere.

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Sony Music partners with LuxuryKSA to develop Saudi talent

The joint venture targets the global expansion of Khaliji pop artists from Saudi Arabia’s music scene.

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HYBE stock rallies to three-year high ahead of BTS return after military service

RM and V were discharged from the military on Tuesday, while Jimin and Jung Kook are set to complete their service on Wednesday.

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HYBE restructures Japan division, appoints Kenji Shima, Jeff Miyahara to senior positions

HYBE JAPAN aims to develop Japanese artists who can find an international audience