Music Business News: Asia
News TME has half the paying subscriber base of Spotify, but has kept pace with Spotify's growth Analysis News The biggest stories from the past week – all in one place… Analysis News New 'HYBE 2.0' global strategy could look to borrow elements of Sony's longstanding multi-divisional structure News However, the company's bottom line was dragged down by weak performances at subsidiary businesses News Numerous Kakao executives have now been indicted in relation to the telecom company's takeover of SM Entertainment last year News Sony says it's now expecting the music market to grow at mid-to-high-single-digit rates News South Korea-headquartered entertainment giant HYBE has published its financial results for Q2 2024 Analysis News Recorded music up 10.8% YoY; music publishing up 13.3% YoY