Music Business News: Asia

South Korea’s largest music copyright collective just banned registration of songs created with AI

KOMCA’s decision comes at a time when lawmakers and courts around the world are grappling with the issue of copyrighting AI-made works

SM Entertainment buys additional 11.4% stake in Bubble superfan app operator DearU in $92m deal

The deal raises SM’s stake in DearU to 45.1%

HYBE continues diversification drive as gaming division raises $21m in latest funding round

HYBE IM aims to become 'a next-generation publisher delivering compelling content to gamers worldwide'

BABYMETAL ink global deal with Capitol Records, becoming the ‘first Japanese artist to sign a frontline deal with the label’

The group will release new album METAL FORTH, globally via Capitol Records on June 13

China’s $6B-valued Kunlun Tech debuts ‘world’s first’ music reasoning model, claims it can outperform Suno

Kunlun's “chain-of-thought” technology incorporates thinking and self-criticism in the music generation process

HYBE-owned superfan platform Weverse launches in-app streaming service, ‘Listening Party’

New Spotify-powered feature allows artists and fans to stream curated music within Weverse

From Dua Lipa’s copyright lawsuit win to Concord’s Stem acquisition… it’s MBW’s Weekly Round-Up

The biggest stories from the past week – all in one place…

You’ve heard of superfan app Weverse. Now the parent company of HYBE’s arch-rival has launched a direct competitor. Meet Berriz.

In addition to music fans, Berriz will also cater to fans of drama, film, webtoons, musicals, and other IP