Daily Edit | May 14

Dehd, Tencent's profit bump, Seeker x MITH Media, and the launch of 444 Sounds

Dehd 
Poetry
Fat Possum 

5 / 14 / 2024

Stories

While monthly active users dropped 2% (to 592 million), Tencent Music saw profits increase 28% in Q1 as paid subscribers jumped 20% to 114 million. 

Looking to expand into Latin American and U.S.-based Latin markets, Seeker Music has partnered with artist management company MITH Media.

Former market exec at HITCO and Atlantic Records, Joe Aboud has launched 444 Sounds- “a consultancy and management firm that oversees strategy and promotion for clients including record labels, distributors, management companies, and artists. At launch, 444 Sounds’ roster includes Sony Music, UnitedMasters, Warner Records’ dance label Major Recordings, and artists like Jung Kook, Enrique Iglesias, Julia Fox, and more.”

Other Headlines

Hires & Promotions

Sarah Ismail | managing director | ADA Asia

Signings

Gut Health | records | AWAL