Music Business News: Asia

News

Spotify integrates with Japanese ticketing platform ZAIKO to connect live events directly to listeners

The Tokyo-headquartered ticketing platform has processed over 40,000 events since 2020

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Headphone maker Beyerdynamic sold to China’s Cosonic for $139m

Cosonic says the deal will help it enhance its resilience against the uncertainties of potential trade hurdles.

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Believe India launches Mahra Tora, an imprint dedicated to regional Haryanvi music

Mahra Tora will provide 'strategic, marketing and financial support to local talent, said Believe

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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.

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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

Analysis

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.