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SM Entertainment’s Q2 2025 revenue up 19% to $218M; CEO hints at China expansion after Tencent deal
CEO Cheol-hyuk Jang said SM aims to create "a comprehensive idol success model" in partnership with Tencent Music. Source...

Warner Music Group regains momentum: underlying recorded music revenues up 8.3% YoY in calendar Q2, subscription revenues up 8.5%
Warner, led by Robert Kyncl, saw a reacceleration of growth in key metrics Source...

HYBE Chair Bang Si-hyuk tells staff he’ll return to Seoul to face IPO fraud investigation
Bang told staff in an email that he will return to Korea "to fully and transparently work with investigators and put these allegations to rest.” Source...

After KATSEYE success, HYBE-Geffen launches talent search for second girl group – starting in Japan
The selection process involves document review, three rounds of Tokyo-based screenings, and final judging in the US. Source...

Sony generated $2.77bn from recorded music and publishing in calendar Q2 2025, up 8.8% YoY
Bad Bunny's latest album was Sony's biggest revenue-generating project in the three months around the world Source...

NetEase Cloud Music sues SM Entertainment over market dominance claims (report)
In January, NetEase Cloud Music secured a temporary deal to keep SM's catalog available beyond the January 31 contract deadline. Source...

Spotify, Netflix, Apple face nervous wait as Democrat lawmakers attempt to revive ‘Click-to-Cancel’ subscription regulation in the US
The new bill would write the FTC’s stalled “Negative Option” rule directly into federal law, bypassing regulatory hurdles. Source...

US District Judge denies Shira Perlmutter’s preliminary injunction motion in Copyright Office dispute
US District Judge Timothy Kelly ruled on Wednesday (July 30) that Perlmutter failed to demonstrate irreparable harm warranting emergency relief Source...

Sony Music launches PARTYNEXTDOOR virtual concert experience in Fortnite
PARTYNEXTDOOR's larger-than-life avatar performs stylized versions of several tracks, including Break from Toronto, which is available as a Jam Track in the Fortnite Shop Source...

Jake Holmes and Led Zeppelin’s Jimmy Page reach settlement in ‘Dazed and Confused’ copyright dispute
The agreement "resolves the entire case" between the parties, though terms remain undisclosed Source...

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