Celebrity Life
Can a Music Catalog Fetch $500 Million? BMG and KKR Think So
BMG and investment firm KKR are partnering to acquire major music catalogs. Says an exec: "We’re not chasing hits from January 2021. We’re looking at repertoire that’s proved itself about being part of our lives"
The World’s Recorded-Music Revenue Boomed During the Pandemic
The global recorded-music market grew by 7.4 percent in 2020, to $21.6 billion, marking the sixth consecutive year of growth
Tencent Music and Warner Music Will Launch a Record Label in China
The new joint-venture record label comes a couple of weeks after Universal Music and Big Hit, BTS's label, announced a joint label
Is Universal Music Worth $29 Billion? $49 Billion? Even $100 Billion?
Analysts suggest that the world's biggest music rights-holder could be worth three times its current public valuation
Linda Ronstadt Sells Catalog to Irving Azoff’s Iconic Artists Group
"I'm very pleased about this partnership," Ronstadt said. "It feels like home"
There’s Now an Official Date When Venue Owners Can Apply for Government Grants
The Small Business Administration will accept applications for grants starting next month
Addison Rae’s Next Act: Pop Star
The 20-year-old self-made millionaire discusses learning how to write music, using TikTok to open doors, shedding haters, and “submerging” herself in art
The Grammys’ Executive Producer Does Not Care About the Ratings
Showrunner Ben Winston chats about "that Beyoncé moment," BTS's performance, the importance of not censoring artists like Cardi B and Lil Baby, and why TV ratings don't accurately reflect the awards ceremony's success
Musicians, Irving Azoff Push for Labor Law Overhaul in California
California State Assemblywoman Lorena Gonzalez introduced the FAIR Act, which would cap record deals at seven years
Coachella and Stagecoach Reportedly to Move to 2022
Source close to situation tells Rolling Stone that Coachella's promoter Goldenvoice will announce a refund period for fans to get their money back
Spotify Has Heard Artists’ Complaints ‘Loud and Clear’
The streaming service responds to artists’ grievances of low royalties with an interactive site offering new data points
What YouTube’s TikTok-Style ‘Shorts’ Mean for the Music Business
Short-form video is "the foot in the door, and now you have to stay in the party," says YouTube head of global music Lyor Cohen about the company's new Shorts feature