China's top music streamer said subscribers rose 6.3% to 124.4 million, which drove a 17% year-over-year increase in music subscriptions revenue.
North Chapel Music will be led by music execs including Paul Compton, Jason Sellers and Wendy Buckner.
Indie retailers convened in New Orleans to discuss Record Store Day allocations, how customers are responding to vinyl sticker shock and more.
Also this week: The Junos add a new Latin category to the show.
A roundup of every label, streamer and other major music company's second quarter earnings results in one place.
The deals includes master and recording rights to "I Melt With You," and Poncia's publishing rights to songs he co-wrote for KISS and Leo Sayer.
Other signings this week include Arabic pop star Nancy Ajram, pop-punkers Waterparks and rock vocalist John Corabi.
The world’s largest music company, which trades on the pan-European Euronext stock market in Amsterdam, plans to list shares in the U.S. later this year.
Bolloré will "focus his time and energy on the Bolloré Group," which owns 18.5% of UMG's stock and has recently run into regulatory opposition in France.
HYBE, SM Entertainment, JYP Entertainment and YG Entertainment saw an average decline of 4.3% this week as music stocks overall were up 0.2%.