business
Dave, Ed Sheeran Rule U.K. Charts
We’re All Alone is the biggest opening week since November 2019, when Coldplay’s Everyday Life started with 81,000 combined sales, and it’s the biggest opening week for a British hip-hop/rap album since October 2010 and since Tinie Tempah’s debut Disc-Overy. According to the OCC, some 56% of We’re All Alone sales are physical (vinyl, CD, cassette) and downloads, while streams account for the remainder, chalking up 38.5 million plays across the album’s dozen songs. Dave debut LP Psychodrama logged one week at No. 1 in 2019. Coming in at No. 2 is Anne-Marie’s second album Therapy (Atlantic), eclipsing her previous best of No. 3 for her debut, Speak Your Mind. Further down the list, The Kid Laroi’s evolving mixtape F**k Love (RCA) flies 52-6, for a new peak. The set fires up following the rel...
Billie Eilish Cruising to Highest New Entry on U.K. Chart
Eilish enjoyed some peak-time spotlight on Saturday (July 31) when she appeared for an interview on the BBC’s Up Close, and performed several songs. Despite its healthy weekend activity, “Happier Than Ever” is well off the pace of the leader, “Bad Habits” by Ed Sheeran. “Bad Habits” is the market leader on both sales and streams and is heading for a sixth consecutive week at No. 1. Meanwhile, The Kid Laroi and Justin Bieber are on target for another week in the runner-up spot, while Jonasu’s “Black Magic” lifts 5-2, and is chasing a new peak position. The Official U.K. Singles Chart is published late Friday, local time. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beaut...
Primary Wave Quietly Amasses Largest Individual Share in Prince’s Estate
New York-based Primary Wave has been acquiring expectancy interests in the Prince estate piecemeal for the last 17 months from three of his six heirs. However, the situation is complicated because the estate remains in probate administered through Comerica Bank & Trust and none of the heirs have received any distribution of assets. Sources say the probate issues could be resolved as early as the end of the year. According to documents filed July 20 in Minnesota’s Carver County district court, in March 2020 “the protocols” surrounding the estate were amended after Primary Wave purchased a portion of Prince sibling Tyka Nelson’s expectancy interest. Subsequently, an April 2021 order confirmed Primary Wave’s acquisition of 100% of the expectancy interest of Nelson’s late half brothe...
MusiCares & The Onsite Foundation Partner for Workshop to Help Music Professionals Affected by Pandemic
“The music industry was greatly affected by COVID, as individuals lost their sense of security and identity, experienced tremendous loss and grief, and struggled to cope with the loss of control over their own destiny,” said Laura Hutfless, FlyteVu co-founder and president of the Onsite Foundation board of directors in a statement. “We are so thankful that MusiCares has stepped up to help us meet this overwhelming need with financial resources.” The workshop will provide tools, resources and educational sessions to guide individuals back to a place of wellness. “As the leading music charity, MusiCares is dedicated to supporting music people in times of crisis and beyond,” says Laura Segura, MusiCares executive director. “We’re excited to partner with The Onsite Foundation and create these ...
Executive Turntable: New Hires at Obama’s Media Company & Warner’s Social Justice Fund
Dan Fierman most recently served as president of Epic Media in Los Angeles, leading the media start-up to acquisition by Vox Media in 2019. Prior to that, he led news coverage at MTV, was the Editorial Director of the pop culture site Grantland and oversaw culture and special packages at GQ. He and Holmes oversaw the launch of The Michelle Obama Podcast and Renegades: Born in the USA, the podcast hosted by President Obama and Bruce Springsteen. Mark R. Wright was an executive at MACRO, where he developed and produced Juel Taylor’s directorial debut, They Cloned Tyrone (Netflix). His slate of projects also includes the Oscar-winning film Judas and the Black Messiah, Alan Yang’s Tigertail and Birth of Cool. He has produced several short films, including an award-winning science fiction film,...
The Kid Laroi, Justin Bieber ‘Stay’ at No. 1 in Australia
The highest new entry this week belongs to Lil Nas X, whose “Industry Baby” (Sony) featuring Jack Harlow, bows at No. 6. It’s Lil Nas X’s third Top Ten appearance in Australia, and the first single to chart from his forthcoming album Montero, following “Holiday” (which peaked at No. 42) and former leader “Montero (Call Me By Your Name)”. Over on the ARIA Albums Chart, The Jungle Giants swing in to top spot with Love Signs (Amplifire/Orchard), for the Brisbane indie pop-rock outfit’s first No. 1. Frontman Sam Hales says it’s a “childhood dream come true.” He continues, “we set the goal to be completely independent in order to make albums we wanna make. It’s incredible to be sitting here today knowing that our record Love Signs just went No. 1 on the ARIA Albums Chart.” Love Sign...
Reservoir Media Stock Stumbles on First Day of Trading
Roth CH Acquisition II shares had a $10 IPO price and briefly exceeded $11 in February. Since then, investors have showed less enthusiasm and with few exceptions have traded below $10 since mid-May. Reservoir, which had revenue estimated at $64 million for its fiscal year ended March 31, is now the fourth publicly traded company that focuses on music rights acquisitions — Hipgnosis Songs Royalty Fund, Round Hill Music Royalty Fund and One Media iP Group are listed on the London Stock Exchange. It is the first to trade in the U.S. and the first led by a female, CEO and founder Golnar Khosrowshahi. “This entry into the public markets is a testament to the growth and bright future that lies ahead within the industry,” Khosrowshahi said in a statement Thursday. “As we focus on our growth...
iHeartMedia Strikes Multiyear Deal With NBA for 20 Podcasts
iHeartMedia has reached a multiyear podcast deal with the NBA that will result in more than 20 podcasts over the next four years, the audio giant said on Wednesday. The podcast deal comes three months after iHeartMedia announced it was creating a podcast network for the NFL as part of a multiyear, exclusive partnership. The NBA’s podcasts, which will be co-produced by iHeartRadio and the NBA, will include a mix of content from the NBA’s archives, player commentary, league news and insider analyses. The first show is expected to premiere this fall, iHeartMedia said. It’s not immediately clear which athletes will participate in the podcasts. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a datin...
Simon Cowell’s ‘The X Factor’ Canceled In U.K. After 17 Years
The X Factor, Simon Cowell’s ratings juggernaut that first aired in the U.K. in 2004 and has given rise to some of the biggest pop acts of the 2000s, has been canceled by British network ITV. The broadcaster has confirmed that there are “no current plans” for another season of the show in the U.K. following rumors in the British media that Cowell himself was axing his most famous reality creation after 17 years. The X Factor — which helped lead to the formation of boy band One Direction and girl group Little Mix, and made Cowell a household name around the world — last aired in Britain in 2018. The show, in which contestants are mentored by judges that over the years have included Sharon Osbourne, Louis Walsh and Nicole Sherzinger as they aim to win the public vote, was produced by Fremant...
Alphabet, Apple and Microsoft Post Combined Profits of More Than $50B
Apple’s first iPhone model capable of connecting to ultrafast 5G wireless networks continued to power major increases in quarterly revenue and profits for tech’s most valuable company. With iPhone sales posting double-digit growth over the previous year for the third consecutive quarter, Apple’s profit and revenue for the April-June period easily exceeded analyst estimates. The Cupertino, California, company earned $21.7 billion, or $1.30 per share, nearly doubling profits earned during the same period last year. Revenue surged 36% to $81.4 billion. But in a Tuesday conference call with analysts, Apple CEO Tim Cook lamented that the steadily spreading delta variant of the coronavirus is casting doubt on how the rest of the year will unfold. “The road to recovery will be a winding one,” Coo...
Banijay France Acquires Music TV Specialist DMLS TV
With the acquisition, Banijay now controls 11 production labels across the French TV landscape, including Adventure Line Productions, Endemol France, H2O Productions Shine Fiction, and Marathon Studio. The group’s shows range from hit reality formats Survivor and Fort Boyard to high-end drama series Versailles, to daily talk show Touche Pas à Mon Poste hosted by Cyril Hanouna. “As we continue to widen our offering in France and cement our stronghold in the market, DMLS TV is the perfect addition,” said François de Brugada in a statement. “Aligned in our commitment to high-quality, unscripted hits, Anne and Mathieu further bolster our entertainment and music catalog and I’ve no doubt their titles have the capacity to travel the group worldwide.” In a joint statement, Marcassus and Vergne sa...
Ed Sheeran and Dave Battle For U.K. Singles Chart Crown
The competition is Dave, who makes an almighty splash on the chart blast with three entries inside the Top 5. The London rapper’s collaboration with Stormzy, “Clash,” lifts 8-2 and is on track for a new peak. Close behind is “Verdansk” at No. 3, and “In The Fire” starts at No. 4, potentially taking the homegrown hip-hop artist’s career total of Top 10 songs into double figures (10). The Dave takeover follows the release of his new album, We’re All Alone In This Together. Also shaping for a Top 20 debut is Anne-Marie and Little Mix’s new collaboration, “Kiss My (Uh Oh).” Lifted from Anne-Marie’s latest album Therapy, “Kiss My (Uh Oh)” is at No. 14 on the First Look survey. Finally, Lil Nas X and fellow U.S. rapper Jack Harlow’s new release “Industry Baby” opens at No. 16 on the chart ...
