Music Business News: Indonesia

FUGA has partnered with Jakarta-based label Maspam Company, Indonesia-based label and distributor, Sintesa Pro, and more

The IFPI has also rebranded its existing charts from Indonesia, Malaysia, Singapore, and Thailand.

“Expanding our operations in Indonesia and Thailand is a crucial step in our strategy to empower artists and elevate their music on the world stage"

Deutsche Bank says that TikTok Music closing down is "a clear positive for Spotify"

Service is currently live in five territories including Australia, Brazil, and Indonesia

The 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya.

Rollout marks the first time the tool has launched in a country where TikTok Music is available

Publisher and songwriter royalties collected globally grew 28% YoY in 2022