business
Madonna Selling SoCal Mansion for $26M a Year After Buying It From The Weeknd
That didn’t last long. Just a little over a year after buying a nine-bedroom home in Hidden Hills, Calif., from The Weeknd for $19.3 million, Madonna has decided to hoist the residence back onto the market. The music artist has listed the property for $25.995 million — a big jump from what she paid last April — according to the Multiple Listing Service. Located in a guard-gated area set on nearly 3 acres, the estate includes a barn with a newly built gym and dance/Pilates studio, a natural amenity for the perennially fit singer. Explore See latest videos, charts and news See latest videos, charts and news The redwood-dotted property includes the main house and a two-bedroom guest house. It comprises 12,500 square feet of living space with 11 bathrooms, a two-story wall ...
ETF Securities ties up with 21 Shares to launch BTC and ETH EFTs in Australia
EBTC and EETH would be the first spot ETFs tracking Ether and Bitcoin via the Australia Dollar Both ETFs are expected to go live on April 27 on the CBOE Australia exchange Exchange-traded products (ETPs) specialist firm 21Shares has joined hands with ETF Securities to launch two exchange-traded funds (EFTs) tracking the two largest digital tokens. The two would be named the ETFS 21Shares Bitcoin ETF – EBTC and the ETFS 21Shares Ethereum ETT – EETH. They would be novel EFTs to track Bitcoin and Ethereum-native Ether using the Australian Dollar directly. The exposure to cryptocurrencies that the two products will offer customers will be entirely backed by Bitcoin and Ether held in cold storage at the Coinbase crypto. The tickers will go live on April 27, listing on the CBO...
After COVID-19, Floods, Bluesfest 2022 Exceeds Expectations
BRISBANE, Australia — As Australians settle into the cooler months, the traditional festivals season ends on a comforting note. Byron Bay’s Bluesfest, one of the great brands on the festivals calendar, wrapped without disruption, and welcomed more than 100,000 guests through its gates. After a tumultuous two years, which included a last-minute aborted mission in 2021, Bluesfest went ahead as planned from Thursday, April 14 to Monday, April 18 at the Byron Events Farm, with more ticket sales than expected. “This year we’ve sold more than 101,000 tickets — more than 15,000 of those in the past week,” explains Bluesfest director Peter Noble. “We had a surge of sales in the last 10 days. People waited to make sure we didn’t get cancelled again before they bought a ticket.” That wait-and-...
Midem to Return in 2023 After City of Cannes Purchases Brand
The municipality of Cannes has officially purchased the Midem brand from RX France, according to a release from the office of Cannes mayor David Lisnard. The city of Cannes will now host a “new” Midem, slated to take place at the beginning of 2023 at Palais des Festivals et des Congrès. The event will focus on technological innovations and feature concerts throughout the city for residents and visitors. Making Midem an official Cannes event dovetails with the city’s strategy of developing an entire chain of “audiovisual creation” in Cannes. “Organized since 1967 in Cannes, the International Market for Records and Music Publishing [MIDEM] was the largest annual global event devoted to the music scene,” said Lisnard in a statement. “In order to rediscover this emblematic event on the Cannes ...
Astroworld Report Leads to Finger-Pointing Over Jurisdiction and Blame for Tragedy
Travis Scott‘s Astroworld festival, where 10 attendees died last November, suffered from permitting issues and insufficient training for security, according to a report released Tuesday by the Texas Task Force on Concert Safety (TFCS). The task force, which was created by Texas Gov. Greg Abbott to investigate the tragedy and make policy recommendations, concluded that establishing standardized safety procedures could help prevent a similar mass casualty event from happening in the future. Explore Explore See latest videos, charts and news See latest videos, charts and news Released five months after the tragedy, the report highlights a confusing web of permitting power over events like Astroworld. Harris County should have had permitting jurisdiction over NRG Park, the report says, but the...
Justin Bieber, Dan + Shay Accused of Stealing ‘10,000 Hours’ in New Lawsuit
Justin Bieber and Dan + Shay are facing a new copyright lawsuit that claims they copied large parts of their Grammy-winning country hit “10,000 Hours” from a decades-old song. In a complaint filed Thursday in Los Angeles federal court, a company called Melomega accused the stars of stealing the “core portion” of their hit song from a little-known 1980 song called “The First Time Baby Is A Holiday.” Explore See latest videos, charts and news See latest videos, charts and news “Defendants’ theft is impudently bold,” lawyers for the company wrote, also naming Warner Music Group as a defendant. “One need only listen to ‘First Time’ and the infringing ‘10,000 Hours’ to discern the unmistakable similarities between the songs.” Melomega said their claims against Bieber and Dan + Shay had been cor...
Splinterlands CEO on recent milestone: ‘we look forward to achieve more of these’
Splinterlands, currently ranked as the top blockchain game according to Dappradar, said in a recent press release it hit 2.32 million daily rentals on April 15. The concept of Splinterlands is simple: it is an NFT trading card game that lets users own their cards and other game assets. It is powered by the HIVE blockchain and gamers use their cards to battle for rewards, hold them as collectibles, and trade with each other, among other features. The rental concept Splinterlands launched in mid-2021 a concept in which users can rent or lend their digital cards directly through its website on a daily basis. This not only allows users to save money by renting cards but also offers gamers the ability to generate revenue through the lending process. According to Splinterland’s press relea...
Johnny Depp Testifies Ex- Amber Heard Attacked Him, He Never Hit Back
Actor Johnny Depp scoffed at the notion during court testimony Wednesday that his constant quarrels with ex-wife Amber Heard would ever prompt him to hit her, and insisted on cross-examination that her allegations devastated his career. “Violence isn’t necessary,” Depp said from the stand during his libel lawsuit against Heard, his second day of testimony. “Why would you hit someone to make them agree with you?” Heard has accused Depp of physically and sexually assaulting her on multiple occasions before and during their brief marriage. The former “Pirates of the Caribbean” star sued after Heard, who is also an actor, made an indirect reference to those accusations in an op-ed piece she wrote for The Washington Post. Depp addressed Heard’s accusations in detail Wednesday. Heard has said th...
The Pokémon Company Is Acquiring Trading Card Manufacturer Millennium Print Group
The Pokémon Company International has now entered an agreement to purchase trading card manufacturer Millennium Print Group. For now, no pricing details were provided for the acquisition, which will see the two companies join forces following a business partnership that started back in 2015. The companies’ announcement highlights that Millennium Print Group will continue to operate as a separate, autonomous organization but with the aid of both investment and industry expertise from The Pokémon Company International, which oversees the Pokémon brand globally outside of Asia. The latter also hopes to help Millennium grow and expand its production capabilities to serve more than just its own TCG, reaching out to the broader industry for collectible card games. “The talented team at Millenniu...
Netflix’s Market Cap Plummets by $54 Billion USD in a Day
Netflix has now lost more than $50 billion USD in market cap since it published its Q1 financials. On Wednesday during an earnings call, the streaming giant reported a net loss for the first time since October of 2011, causing investors and shareholders to sell off its shares at an alarming rate. By the end of the day, Netflix’s stock price dropped a staggering 35%, marking the biggest fall for the company since 2004 and one of the biggest single-day losses in the stock exchange’s history, equating to roughly $54 billion USD. “I know it’s disappointing for investors, and it is for sure,” said Netflix CEO Reed Hastings during the earnings call. “But internally, we’re really geared up, and this is like our moment to shine. This is when it all matters. And we’re super focused on achieving tho...
Which Cities Listen to Bob Marley the Most?
I was almost not going to write this, because it felt a little too much like trying to force the cliché, but then I got an email from the Bob Marley online shop promoting its exclusive 4/20 merch with the subject line, “When you smoke the herb, it reveals you to yourself,” so I decided we weren’t forcing anything after all. But I digress. Explore Explore See latest videos, charts and news See latest videos, charts and news It is 4/20 after all, the universally agreed-upon day where a bunch of people make jokes about stoners and stoners just continue going about their lives as normal. But where are those stoners — and, more specifically, where are those stoners in the U.S. who are listening to Bob Marley? In 2022 so far, Luminate, formerly MRC Data, has logged more than 308 billion on-deman...
Interscope Promotes Tim Glover to Executive VP of A&R
Interscope Geffen A&M has promoted A&R veteran Tim Glover to the role of executive vp of A&R, the company announced today (April 20). Glover, who has been with the company since 2014, previously held the title of senior vp of A&R. During his time at Interscope, Glover has been the point person for the label’s partnerships with Dreamville — which includes artists like J. Cole, JID and Ari Lennox, among others — and LVRN, including Summer Walker and 6LACK, as well as working with Tierra Whack and more than a dozen other artists at the label. “Tim’s dedication to the artists and partners he works with, his consistency and discipline are perfectly matched with his intuitive knowledge of the current market and his proven ability to recognize talent,” Interscope’s executive vp/co...
