Music Business News: Asia
News Labels launch in China as part of strategic expansion Analysis News Both streaming and physical recorded music sales up single digits, as publishing division posts double-digit bounce in quarter News Company saw an 8.3% YoY increase in number of paying users, reaching 122.9 million in Q1 News News was revealed within the Q1 financial filing published Tuesday morning by TME News The fund is meant to cement Yamaha's “leadership position as an innovator in the fields of sound and music” News The deal will see Harman acquiring several audio brands including Bowers & Wilkins, Denon and Marantz News The South Korean entertainment giant attributed its revenue growth to increased music and concert turnover Analysis News The biggest stories from the past week – all in one place…