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BTS strike Netflix deal to livestream comeback concert, followed by documentary about making of new album
The streaming giant will broadcast BTS THE COMEBACK LIVE | ARIRANG on March 21 at 8 pm Korea Standard Time. Source...

K-pop giant JYP’s China unit and CJ ENM strike joint venture with Tencent Music
ONECEAD aims to build artist businesses that "resonate both regionally and globally". Source...

UMG bought a stake in superfan app Stationhead – here are 3 things you might have missed…
Superfan monetization and D2C expansion continue to be strategic priorities for Universal Music Group. Source...

Suno hires former Spotify exec Sam Berger as Senior Director of Artist Partnerships
Berger joins a team that includes industry professionals who previously worked at Snap, 88rising, Twitch, Splice, Atlantic Records, Motown Records, Capitol Records and Sony Music. Source...

Apple acquires AI audio startup Q.ai said to be worth nearly $2bn
The startup’s 100 employees will join Apple, including CEO Aviad Maizels and co-founders Yonatan Wexler and Avi Barliya. Source...

Fred Armisen to host CNN music docuseries pulling from UMG’s underground vault
The vault lies within the Iron Mountain facility in Boyers, Pennsylvania, where UMG stores a portion of its catalog 220 feet underground. Source...

Andy Serrao named Chief Creative Officer at Concord Label Group
He will oversee A&R and strategic marketing across the company’s owned label imprints, including Fearless Records, Concord Records, and Rounder Records. Source...

DistroKid, repped by Goldman Sachs and Raine, exploring a sale
New York-based company claims that it handles 30% to 40% of new music releases globally Source...