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JYP Entertainment to Hold Global 'Nizi Project 2' to Form a New Boy Group


By
Jul 13, 2021
JYP Entertainment will be creating a new boy group through Nizi Project 2, which they will conduct in partnership with Sony Music Japan.
During a press conference on July 12, JYP Entertainment s J.Y. Park and Sony Music Japan CEO Muramatsu Shunsuke announced that they would team up for the production of a new boy group.
This is the second time that JYP Entertainment and Sony Music will join hands to form an idol group. These two companies jointly made the Japanese girl group NiziU through the first season of Nizi Project.
(Photo : NiziU Twitter)
JYP Entertainment s New Boy Group to Be Created through Nizi Project 2 with Sony Music Japan ....

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Indonesian singer Rainych Ran goes viral amid an online city pop renaissance


Apr 14, 2021
Few recent developments showcase the globalization of pop culture like an Indonesian artist covering an American pop hit in Japanese.
Singer Rainych Ran began uploading her covers of J-pop and anime songs to YouTube about five years ago, and while she received some attention over the years, nothing prepared her for the frenzy she experienced in 2020 after she tackled American singer Doja Cat’s chart-topping “Say So” in Japanese. Ran’s take became a viral hit, racking up millions of views on her YouTube channel and getting Doja Cat herself to geek out over the rendition on Instagram. (Ran’s video has over 22 million views at the time of writing.) ....

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Sony Music Quarterly Profit Surges 71% On Big Streaming, Physical Gains


From left, Cliff Williams, Phil Rudd, Angus Young, Brian Johnson and Stevie Young of AC/DC.
Sony’s music operations came roaring back in the company’s fiscal third quarter ended Dec. 31, as recorded music and music publishing operations grew 13% on a yen basis and 17.6% on a dollar basis to 187.11 billion yen ($1.79 billion) from 165.66 billion yen ($1.52 billion) in the year-earlier period.
In addition to the company’s music recording and publishing operations, Sony’s music segment financials also include the visual media/platform, which had a strong quarter so that the overall segment shrugged off the pandemic-causing economic downturn and reported total revenue of 261.72 billion yen ($2.5 billion), a 22.4% increase over the 213.86 billion yen ($1.966 billion) reported in the last three months of 2019. ....

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Sony Music revenues soared above $4.5bn in 2020, after huge final quarter of the year


Music Business Worldwide
February 3, 2021
Those streaming revenues hit $2.87bn in the 12 months, as Sony’s worldwide recorded music revenues – across all formats, licensing etc. – hit $4.51bn, up 8.1% YoY.
After a pandemic-affected wobble in calendar Q2, Sony Music had a much stronger Q3 – the three months to end of September – when its quarterly turnover returned above $1 billion ($1.16bn).
However, there can be no doubting the star quarter of Sony Music’s last year: numbers revealed by Sony Corp today (February 3), analyzed by MBW, show that Sony Music generated $1.36bn in global recorded music revenues in calendar Q4 (Sony’s fiscal Q3), up by 17.5% year-on-year. That represented a YoY jump in quarterly revenue of over $200m. ....

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Sony Music Quarterly Profit Surges 71%


Josh Cheuse
From left, Cliff Williams, Phil Rudd, Angus Young, Brian Johnson and Stevie Young of AC/DC.
Sony’s music operations came roaring back in the company’s fiscal third quarter ended Dec. 31, as recorded music and music publishing operations grew 13% on a yen basis and 17.6% on a dollar basis to 187.11 billion yen ($1.79 billion) from 165.66 billion yen ($1.52 billion) in the year-earlier period.
In addition to the company’s music recording and publishing operations, Sony’s music segment financials also include the visual media/platform, which had a strong quarter so that the overall segment shrugged off the pandemic-causing economic downturn and reported total revenue of 261.72 billion yen ($2.5 billion), a 22.4% increase over the 213.86 billion yen ($1.966 billion) reported in the last three months of 2019. ....

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