business
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...
Netflix Stock Price Drops 20% After Announcing Loss of 200K Subscribers
Netflix announced a loss of 200,000 subscribers during the first quarter of 2022, which sent its stock plummeting more than 20%. The dip marks the streamer’s first decline in subscribers in over ten years, with the last reported loss taking place in October 2011. In a letter to shareholders, the company informed them that its “revenue growth has slowed considerably.” “Streaming is winning over linear, as we predicted, and Netflix titles are very popular globally,” Netflix continued. “However, our relatively high household penetration – when including the large number of households sharing accounts – combined with competition, is creating revenue growth headwinds.” The company went on to say that the boost in subscribers from COVID had obscured the picture. Previously, it had predicted a fi...
Linkin Park’s Mike Shinoda Named Web3 Advisor for Warner Recorded Music
Linkin Park co-founder Mike Shinoda has been tapped by Warner Recorded Music (WRM) to help shape the company’s “artist-centric approach” to Web3, it was announced Wednesday (April 20). As WRM’s community innovation advisor, Shinoda will support the company in partnering with artists to “bring their creative visions to life and build communities across new platforms, products, and experiences, while exploring new revenue streams,” according to a press release. Long interested in the crossover between music and tech, Shinoda has recently been a music industry innovator in the NFT space. In February 2021, he released his single “Happy Endings” feat. iann dior and UPSAHL as an NFT via the Zora NFT marketplace, which was billed as the first such project by a major-label artist. He followed that...
Spotify Scraps Greenroom Creator Fund Amid Live Audio Rebrand
Spotify has shuttered its fund for live audio creators less than a year after the funding program was first unveiled, a company spokesperson confirmed to The Hollywood Reporter. Originally, live audio creators using Spotify Greenroom — which has since been renamed Spotify Live — would have been able to participate in the fund to receive payouts for their work. Spotify never disclosed how exactly the funding would be determined, but the company said in its initial announcement last June that a creator’s audience size and how their content was consumed would factor into the payments. But the creator fund never ultimately launched last summer, as Spotify said it would at the time, and a Spotify spokesperson said on Tuesday that the funding will be shifted to...
Johnny Depp Takes The Stand In Defamation Trial, Says Amber Heard ‘Grossly Embellished’ Abuse Claims
Over the course of six years, Amber Heard has reiterated accusations that ex-husband Johnny Depp had an alcohol and substance abuse problem that led to him beating her in fits of rage and stupor. Depp, taking the stand for the first time on Tuesday in a U.S. trial on whether Heard’s accusations amounted to defamation, claimed that his ex-wife “grossly embellished” his “quote unquote substance abuse” and that there’ve been “no moments where I would’ve been considered out of control.” Depp continued: “A lot of it is just plainly false. I think that it was an easy target for her to hit because once you’ve trusted somebody for a certain amount of years and told them all the secrets of your life, that information can of course be used against you.” Eleven jurors considered Depp’s testimony on t...
Post Malone Is Headed To Trial. But Will It Be In Front Of Jury?
Post Malone is definitely heading to trial over accusations that he failed to credit one of the co-writers of “Circles.” What’s less certain is whether that trial will feature a jury. With the case now hurtling toward a trial date next month, the two sides are still battling over whether it should be decided by a judge or jury. Malone says there’s “no basis” to put the case before 12 of his peers, but attorneys for accuser Tyler Armes say the star is trying “deprive plaintiff of his Constitutional right to a jury trial.” “It is no surprise that defendants have failed to cite a single case in in support,” lawyers for Armes wrote Monday. “This is clearly because such cases are typically tried before a jury.” Armes, a Canadian producer and songwriter best-known for his work in the band Down w...
