business
The COVID-19 Stimulus Bill Would Make Illegal Streaming a Felony
Congress looks to provide relief to U.S. citizens and small businesses, but the omnibus bill includes some legislative priorities for the entertainment industry as well. Providing relief via direct assistance and loans to struggling individuals and businesses hit hard by COVID-19 has been a priority for federal lawmakers this past month. But a gigantic spending bill has also become the opportunity to smuggle in some other line items, including those of special interest to the entertainment community. Perhaps most surprising, according to the text of the bill being circulated, illegal streaming for commercial profit could become a felony. It’s been less than two weeks since Sen. Thom Tillis released his proposal to increase the penalties for those who would dare stream unlicensed work...
Music’ Big Deal Maker: David Dunn of Shot Tower Capital on Shepherding Sales in a Hot Market
Dunn, who graduated from Bucknell University with a master’s in economics and has a law degree from American University, started his career as an economist with the U.S. government and then became a mergers-and-acquisitions lawyer before going into banking — and forging relationships with music business players like Jackson estate executor John Branca and former Sony/ATV chairman/CEO Martin Bandier, or Big Deal’s founder and president Kenny MacPherson and Pulse’s co-CEO Scott Cutler, whose firms he helped sell to Hipgnosis and (a stake in) to Concord, respectively. Before he began his investment banking career, while still working as an economist while going to law school at night, he once made money on the side as a bartender, including at one of Bill Clinton’s 1993 inaugural ...
Taylor Swift Completes Chart Double In Australia With ‘Evermore,’ ‘Willow’
By landing two No. 1 albums in just 19 weeks, Swift sets a new ARIA Charts record for the shortest space between successive No. 1 albums, easily beating the 25 weeks separating Ariana Grande’s Sweetener (No. 1 in August 2018) and Thank U, Next (No. 1 in February 2019). With Christmas just around the corner, Delta Goodrem’s Only Santa Knows jingles up the albums chart 12-2, for a new chart peak. Its climb follows the Dec. 12 airing of the Delta At Christmas special on the free-to-air Nine TV network. Twenty years after the release of their cut ‘n’ paste masterpiece Since I Left You, Australian electronic act Avalanches crash into the albums chart at No. 4 with We Will Always Love You, their third album. We Will Always Love You is the followup to Wildflower, which ruled the AR...
LadBaby On Track For U.K. Christmas No. 1 Threepeat
The race is underway for the U.K.’s coveted Christmas No. 1, and there’s a holidays theme spread across the main contenders. The reigning champ LadBaby is off to the best possible start with “Don’t Stop Me Eatin’,” which blasts off with 80,000 chart sales after just 48 hours and is poised for one of the biggest opening weeks of 2020. “Don’t Stop Me Eatin’” is No. 1 on the Official Chart: First Look, which ranks tracks based on the weekend’s sales and streaming activity, ahead of Jess Glynne’s cover of Donny Hathaway’s “This Christmas,” rocketing 9-2. 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 Beautiful people, chat and make money in the process. Earn rewards by chatt...
Universal Music Group, Concord Extend Global Distribution Deal
“UMG and Concord have built a wonderful relationship over the past 15 years,” comments Concord CEO Scott Pascucci in a statement. “As we have grown, they have provided the support that we needed to expand the worldwide success of our frontline labels, the KIDZ BOP franchise, Craft Recordings, and the rest of our catalog. We are very pleased to be renewing this partnership with Universal.” Adds Lucian Grainge, chairman and CEO of Universal Music Group: “Our partnership with Concord is built on a foundation of shared values. We both put artists and creativity at the center of everything we do.” Grainge continues, “I couldn’t be happier to extend our partnership and l look forward to even more success working with Scott, Tom, Sig and the entire Concord team.” The independent Concord music gro...
Indie Venues Get $15B in New COVID Relief Bill
After months of lobbying and bipartisan support, the Save Our Stages Act will offer millions of dollars in support funding. Federal funding to help independent venues hit hardest by the COVID-19 pandemic has been included in a $900 billion bipartisan aid package following days of negotiations between leaders of both the Democratic and Republican parties in Congress. While the specifics of the bill have not yet been announced, the aid package does include “$15 billion in dedicated funding for live venues, independent movie theaters, and cultural institutions,” according to an email from House Speaker Nancy Pelosi (D-CA), as well as a $300 per week unemployment insurance enhancement for the millions of Americans out of work during the pandemic, including nearly 100,000 live ...
APC promises conducive environment for Kankara abducted boys
The All Progressives Congress (APC) has rendered an unreserved apology to the students abducted from Government Science Secondary School, Kankara, Katsina State, promising that President Muhammadu Buhari and the ruling party will do all it takes to ensure that they continue to study in a safe environment. The ruling party in a statement signed by the National Chairman, Mai Mala Buni, noted that it received with joy and glad heart the release and return of the students who were abducted by terrorists. The party further noted that the news was not just elating, but it was gladdening and relieving. “We want to congratulate the parents of the children and also apologize on behalf of our party that one of our biggest promises was security and although we are doing our utmost best, such incidenc...
Executive Turntable: Sony/ATV Names Digital Prez, Sony Music Africa Hires Artist Dev Lead
Bebawi started his publishing career at EMI Music Publishing in Sept. 2005, when he joined as UK head of business affairs after serving as a partner at London-based media and entertainment law firm Harbottle and Lewis. During his time at EMI, he implemented a pioneering restructure of the company’s digital rights and launched the first publisher-led, Pan-European digital licensing initiative outside of the traditional collection society network. Bebawi was later promoted to European General Counsel and, after Sony/ATV acquired EMI in 2007, he joined the former as executive vp, digital and society relations, international and UK. Sony Music Entertainment Africa has enlisted Christine “Seven” Mosha to lead marketing and artist development for the East Africa region, effective immediate...
Why 2020’s Protest Songs Aren’t Part of a Passing Trend
The May 25 murder of George Floyd by Minneapolis police resulted in the eruption of worldwide protests against racial injustice, as well as an influx of new protest anthems across demographics in the weeks that followed. As superstars like Billie Eilish, The Weeknd, Taylor Swift and Harry Styles vocalized support for the Black Lives Matter movement, artists ranging from country singer-songwriter Mickey Guyton to trap veteran Juicy J to soul-R&B star Leon Bridges rapidly released new songs commenting on systemic discrimination. Protest music soared on the charts, too: “Rockstar,” the DaBaby and Roddy Ricch smash that crowned Billboard’s 2020 Songs of the Summer chart, received an official “BLM remix” in the weeks after Floyd’s death, while “The Bigger Picture,” Lil Baby’s poig...
Lucian Grainge’s Year-End Memo: An ‘Incredibly Difficult’ 2020, Label Successes & His COVID-19 Scare
Taking his time to get to the usual accolades (of which there were plenty for the world’s leading music company), instead he focused on the power of music in trying times, noting, “I want this year-end note to remind each of you of the instrumental part you played in bringing to the world something powerful, inspiring, uplifting, and yes, universal: music. A force for good unlike any other in the world.” Grainge then highlighted other kinds of achievements that his company can tout, taking action during the year’s multitude of crises: “organizing, volunteering, educating, donating,” as he listed off, detailing how Universal responded to the pandemic, the nation’s racial reckoning and the election. Universal donated to a swath of organizations and d...
How to Take Diva Collaborations to ‘Another Level of Badass’
Long-standing assumptions about female artists competing with one another have also dissolved, says Wassim “Sal” Slaiby, CEO/owner of management firm SALXCO, whose roster includes Doja Cat and Bebe Rexha. The idea that there’s room for only one chart-topping female at a time is “very unrealistic,” he says. “When artists come together and have healthy competition, everyone wins.” But executives aren’t suddenly having epiphanies dispelling sexist myths, notes Calhoun — audiences are voicing demand for female collaborations through their listening habits. “The fans are hungry for it and the fans are playing it, so there’s a business there,” she says. “Male artists have held the throne for a minute now, and I think women want to hear women artists.” Perhaps no fan spends more time thinking abo...
What Does ‘Alternative’ Mean in 2020?
Laura Ohls, senior editor, folk and AAA, Spotify: I’ve always thought of “alternative” as referring to any artist creating music that challenges what’s being popularized in the mainstream, across all genres. In the ’90s, rock music was still very much at the core of popular music culture, and as a result, “alternative” [was more] guitar-driven in sound. Fast forward to 2020, where hip-hop, pop and Latin are the titans of genre, and you’ll find that the class of artists defying what’s expected are doing so within these genre spaces. As a result, there is an amalgamation of genres that make up modern “alternative” sounds. We launched our Alternative Hub earlier this year in order to unite all of our alternative programming into one dedicated space. The idea was to have a destination that enc...
