News From BMG’s Mötley Crüe catalog buy to the UK’s rejected music bill – It’s MBW’s Weekly Round-Up The music industry's biggest few stories from the past week, and why they matter
News NetEase music service lists on Hong Kong Stock Exchange Cloud Village raised $421m in initial public offering
News From the Grammys nominations list to Sony’s $100m share buy – It’s MBW’s Weekly Round-Up The music industry's biggest few stories from the past week, and why they matter
News Sony Music buys $100m of shares in NetEase’s music service; Chinese platform’s IPO set for December 2 Sony Music named as Cornerstone Investor ahead of IPO
News Music creation marketplace Splice names strategic advisors for its new Global Music Council Splice says that Council members will help identify opportunities to support under-represented music-makers
News Republic Records China signs pop star Daisy Xue as its first artist Artist's hit The Love Party has been viewed over 4.5bn times on Douyin
News Tencent axes all exclusive label deals in China following antitrust clampdown Tencent published a statement on WeChat announcing that it has written to all "upstream copyright" holders to end their exclusive agreements
News Hong Kong-based Allsaints Music Group raises $60m in series B round Company's investors include mobile device giants OPPO and Xiaomi
News Merlin inks licensing deal with B2B music platform Adaptr Platform was launched by technology firm Feed Media Group (FMG)
News Tencent Music given 30 days to end exclusive deals with global labels in China China’s State Administration of Market Regulation has ordered TME to give up its exclusive label deals in the territory
News Tencent Music forced to give up exclusive label deals in China (report) China’s State Administration of Market Regulation (SAMR) will also reportedly fine Tencent 500,000 yuan (approx. $77,150)
Analysis News From Sony’s big spending to BTS streams on Spotify: It’s MBW’s Weekly Round-Up The biggest stories from the past five days in the global music business
News NetEase to spin off music streaming service in $1bn Hong Kong IPO Application was filed in Hong Kong on Wednesday, May 26
Analysis News From Universal’s 10% sell-off to Sony Music under investigation: It’s MBW’s Weekly Round-Up The biggest headlines from the past five days in the music industry