Music Business News: Asia News Sony Corp strikes strategic partnership with BandLab Technologies to bring spatial sound and other tools to the company’s millions of users Initial phase of partnership integrates Sony’s Spatial Sound technology; co-branded hub within BandLab to act as gateway for future offerings News HYBE revenues soared 39% YoY to record $349m in Q1, driven by tours and merch from SEVENTEEN, j-hope, ENHYPEN and other K-Pop stars HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025. News Tencent Music close to $2.4 billion deal to acquire podcast firm Ximalaya – with a potential payday for Sony Music Sony Music acquired 4.6 million shares in Ximalaya for a consideration of USD $50 million in 2020 News India’s Tips Music generated $9.1m in calendar Q1 as EBITDA grew 24% YoY Tips' operating EBITDA grew 24% YoY in calendar Q1 to reach USD $4.3m Analysis News Tencent Music lets musicians generate AI tracks and send them directly to streaming app QQ Music TME's ESG report explains how the firm's AI capabilities have been expanded across the business News Min Hee-jin’s legal team: HYBE must prove legality of shareholder agreement termination in $70.5m K-pop dispute Exec claims HYBE bears "the full burden of proof" in demonstrating the lawful termination of shareholder agreement News Live Nation acquires Hayashi International Promotions, one of Japan’s largest concert promoters HIP is one of the largest concert promoters in Japan News Apple Music expands global footprint with new Tokyo radio studio New studio in Japan joins Apple Music's existing facilities in Los Angeles, New York, Nashville, London, Paris, and Berlin1 2 … 185 Next
News Sony Corp strikes strategic partnership with BandLab Technologies to bring spatial sound and other tools to the company’s millions of users Initial phase of partnership integrates Sony’s Spatial Sound technology; co-branded hub within BandLab to act as gateway for future offerings
News HYBE revenues soared 39% YoY to record $349m in Q1, driven by tours and merch from SEVENTEEN, j-hope, ENHYPEN and other K-Pop stars HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025.
News Tencent Music close to $2.4 billion deal to acquire podcast firm Ximalaya – with a potential payday for Sony Music Sony Music acquired 4.6 million shares in Ximalaya for a consideration of USD $50 million in 2020
News India’s Tips Music generated $9.1m in calendar Q1 as EBITDA grew 24% YoY Tips' operating EBITDA grew 24% YoY in calendar Q1 to reach USD $4.3m
Analysis News Tencent Music lets musicians generate AI tracks and send them directly to streaming app QQ Music TME's ESG report explains how the firm's AI capabilities have been expanded across the business
News Min Hee-jin’s legal team: HYBE must prove legality of shareholder agreement termination in $70.5m K-pop dispute Exec claims HYBE bears "the full burden of proof" in demonstrating the lawful termination of shareholder agreement
News Live Nation acquires Hayashi International Promotions, one of Japan’s largest concert promoters HIP is one of the largest concert promoters in Japan
News Apple Music expands global footprint with new Tokyo radio studio New studio in Japan joins Apple Music's existing facilities in Los Angeles, New York, Nashville, London, Paris, and Berlin
