Music Business News: Asia

China's largest operator of music streaming services says live music is becoming increasingly important to listeners

Tencent Music says it now offers 260 million licensed and co-created tracks on its platform, significantly more than Spotify’s “over 100 million”

Times Music has acquired India's Symphony Recording Co. and ARC Musicq

The latest funding round follows a larger KRW 15 billion investment made into SM Friends in 2023

'We are now able to take a significant step in extending the AWAL model and services to artists in India and South Asia'

NewJeans realleged that HYBE and ADOR “continuously sidelined” them and sought to replace them with another group

Investment firm blackx partners with Japanese talent management company

The company is forging ahead with a second Sphere in Abu Dhabi, and planning smaller Spheres for a wide range of markets