Thursday, April 3, 2025

ADOR reveals continued payments to NewJeans despite contract dispute
The HYBE-owned agency said a total of $20 million had been invested in NewJeans’ debut Source...

Amazon makes last-minute bid for TikTok as US ban deadline looms (report)
Amazon previously attempted to replicate TikTok with Inspire, its own short-form video shopping feature Source...

Daniel Ek pockets another $27.6m from selling Spotify shares – cashing out over $750m since 2023
The Spotify CEO has so far sold $751.6 million worth of Spotify shares since mid-2023 Source...

Mdundo launches strategic review that ‘could lead to change in ownership, merger, strategic investor or other consolidation’
Africa-focused music streaming service has launched a strategic review as it grapples with what it calls ‘persistent billing challenges’ Source...

HYBE’s Joon Choi: ‘90% of Weverse traffic comes from regions outside of Korea. Most of our users are global superfans.’
MBW speaks with Weverse President Joon Choi following the launch of its Spotify-powered 'Listening Party' streaming service Source...

TikTok soft-launches ‘TikTok for Artists’ platform
For now, the service is available only to artists in Australia, Indonesia, Japan, New Zealand and South Korea Source...

HYBE’s newest venture in the US is a label called HYBE AMERICA x AU in partnership with Alan Chikin Chow
Label is described as "a first-of-its-kind label" that will launch a "groundbreaking franchise spanning both scripted content and music." Source...

Exclusive: Morrissey launches legal action against alleged online fraudster, as Web Sheriff investigation uncovers ‘decades-long defamation campaign’
MBW obtains letter from Morrissey's lawyers accusing alleged perpetrator of defamation and illegal conduct Source...

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