Music Business News: Asia
News Mason said the Asian Pop category was created "to celebrate the depth, diversity and extraordinary growth of pop artistry coming out of Asia."
News "We hope music can be heard and loved for what it is, rather than being divided by region or language," they said, in a statement translated from Korean.
News The inaugural edition will run for 11 days across Seoul Arena in the city's Chang-dong district and the KINTEX exhibition center in nearby Goyang.
News She will report to HYBE CEO Jason Jaesang Lee and remain based in Los Angeles.
News HYBE is reportedly in talks to transfer Supertone's voice-conversion and noise-removal tools, Shift, Clear and Air, to an outside buyer.
News Recorded music revenue grew 43.0% YoY to KRW 326.8 billion ($218m), also led by ARIRANG.
News The change applies only to songs and music, while registration fees for other categories of creative work are unchanged.
News Spending on music acquisitions pulled Tips' operating EBITDA margin down to 50.3%, from 64.2% a year earlier and 74.0% in the preceding quarter.