Music Business News: Asia

Initial phase of partnership integrates Sony’s Spatial Sound technology; co-branded hub within BandLab to act as gateway for future offerings

HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025.

Sony Music acquired 4.6 million shares in Ximalaya for a consideration of USD $50 million in 2020

Tips' operating EBITDA grew 24% YoY in calendar Q1 to reach USD $4.3m

TME's ESG report explains how the firm's AI capabilities have been expanded across the business

Exec claims HYBE bears "the full burden of proof" in demonstrating the lawful termination of shareholder agreement

HIP is one of the largest concert promoters in Japan

New studio in Japan joins Apple Music's existing facilities in Los Angeles, New York, Nashville, London, Paris, and Berlin