business
Radiohead, Elbow Members Call for Better Streaming Royalties at Opening of UK Parliament Probe
Garvey and Radiohead guitarist Ed O’Brien were among a group of four artists and two industry analysts that provided evidence on the first day of the inquiry, which is anticipated to stretch for several months and will call upon executives at major labels and streaming platforms to answer questions. The Parliament probe — which so far is being done with witnesses testifying virtually, as the U.K. is in lockdown — is also addressing a lack of transparency in record contracts and opaque accounting practices, safe harbor provisions and the European Copyright Directive, which will hold online user-generated services like YouTube liable for unlicensed content. The inquiry comes at a time when the coronavirus pandemic has decimated income from touring, focusing artists’ attenti...
Rollercoaster: Bitcoiners who missed rally feel relief and regret
Arianna O’Dell, a 30-year-old entrepreneur and songwriter based in New York City, had a tumultuous four-year journey in cryptocurrency before selling her investments in February. During her rollercoaster ride, bitcoin prices swung from less than $1,000 to nearly $20,000. O’Dell may not have made optimal decisions about when to buy or sell, and missed out on the recent rally – but said she does not regret that. Investing $2,705 worth of proceeds into her business was better than enduring the stress of daily fluctuations, even though the price has since doubled, she said. “Honestly, I’ve had more luck in Vegas than I’ve had with cryptocurrencies,” O’Dell said in an interview. She is part of a relatively new class of retail investors who joined the cryptocurrency market years ago, helping pro...
Recording Academy Chief Harvey Mason Jr. Responds to The Weeknd’s ‘The Grammys Remain Corrupt’ Tweet
That’s pretty blunt, but it’s nothing compared to a tweet from The Weeknd himself: “The Grammys remain corrupt. You owe me, my fans and the industry transparency.” Asked for a response, Harvey Mason Jr., the Recording Academy’s chair and interim president/CEO, supplied a statement to Billboard that read in part, “We understand that The Weeknd is disappointed at not being nominated. I was surprised and can empathize with what he’s feeling. His music this year was excellent…We were thrilled when we found out he would be performing at the upcoming Super Bowl and we would have loved to have him also perform on the Grammy stage the weekend before …To be clear, voting in all categories ended well before The Weeknd’s performance at the Super Bowl was announced, so in no way could it have aff...
Seismic Talent Agency Launches In Australia With Alison Wonderland, The Presets & More: Exclusive
Seismic’s philosophy? To work with ambitious, unique and groundbreaking domestic talent, Siviour explains, and to develop “bespoke touring strategies that prioritize each artist within their individual space” across the APAC region. What sets the company apart from others is its diverse roster. More specifically, it’s one of the first agencies to boast gender parity, Siviour notes. “It’s definitely something I’ve been making conscious progress towards over the last few years,” he tells Billboard. “Diverse representation is both important to me as an individual and as a cornerstone to the company-culture at Seismic Talent; it was certainly purposeful but far from a tokenistic approach.” The launch comes on the eve of the 2020 ARIA Awards, and amid mo...
Guitar Center Files for Chapter 11 Bankruptcy In Wake of Debt Restructure
Guitar Center, the nation’s largest retailer of musical instruments, has filed for Chapter 11 bankruptcy protection, the company announced Saturday. The bankruptcy filing came just one week after the Guitar Center, which had been struggling to compete with online retailers even before the pandemic, announced it had reached a debt-reduction deal with its key stakeholders. The approved restructuring support agreement (RSA) intends to reduce Guitar Center’s reported $1.3 billion debt by nearly $800 million, including $375 million in Debtor-In-Possession financing from some existing note holders and lenders. It also intends to raise $335 million in new senior secured notes. {“nid”:”9485240″,”type”:”post”,”title”:”Guitar Center R...
BTS Challenging For U.K. No. 1 Album With ‘BE’
BTS have a mountain to climb if they’re to snag a third U.K. No. 1 album. Consider it a challenge for the K-pop group and their loyal ARMY. On the midweek chart, BTS come in at No. 2 with their fifth Korean-language studio album BE (BigHit Entertainment). It’s the most downloaded and streamed album of the week so far, the Official Charts Company reports, though its well adrift of the pace-setter, Michael Ball and Alfie Boe’s Together at Christmas (Decca). Ball and Boe’s holiday set is the best-selling CD in the first half of the week, and races to No. 1 on the Official Chart Update with a lead of 7,000 combined sales. If it holds its ground, Together at Christmas will be the pair’s third U.K. No. 1 album. {“nid”:”9487403″,”type”:”post”,...
Senator Adeyemi advocates N50 billion bailout fund for airline operators
Sen. Smart Adeyemi (APC Kogi), has called on the Federal Government to provide a bailout fund of N50 billion for airlines operators in the country. The post Senator Adeyemi advocates N50 billion bailout fund for airline operators appeared first on TODAY. 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 chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Jason Isbell, Grace Potter & More to Perform at Socially-Distanced Concert Vacation
Technology platform Topeka has announced a socially-distanced music vacation set for April 26-May 1 in Miramar Beach, Florida. Called Moon Crush, the five-day destination event will see performances by Jason Isbell & The 400 Unit, The Revivalists, NEEDTOBREATHE, St. Paul and the Broken Bones, Lake Street Dive, Grace Potter, Shovels & Rope, Vintage Trouble, The War and Treaty, Sammy Rae & the Friends and more. Set during the Super Pink Moon of 2021, guests can attend with a trusted group of family and friends and reserve one of over 300 beachfront and beachside homes and condos. Each are conveniently located just a short walk or golf cart ride away from the musical performances at a local golf course. {“nid”:”9397840″,”type”:”post”...
Taylor Swift, Justin Bieber & All the Record Setters at the 2020 AMAs
Justin Bieber, Dan + Shay, Taylor Swift and The Weeknd were the top winners at the Americn Music Awards on Sunday (Nov. 22), winning three awards each. Swift extended her lead as the artist with the most awards in the show’s 47-year history. She has now won 32 AMAs, eight more than runner-up Michael Jackson. Bieber has now won 18 awards, which puts him in sixth place on the all-time winners list. Taraji P. Henson hosted the show, which was broadcast from the Microsoft Theater in Los Angeles. Swift won artist of the year for the sixth time, extending her record in that category; favorite female artist—pop/rock for the fifth time, setting a new record in that category; and favorite video for the second year in a row. In the female pop/rock vocalist category, Swift pushed past Whitney Houston...
NDPHC to complete four NIPPs with 2000MWs combined capacity
The Niger Delta Power Holding Company (NDPHC) has unfolded plans to complete four Nigerian National Integrated Power Project (NIPPs) with 2000MegaWatts combined capacity. The post NDPHC to complete four NIPPs with 2000MWs combined capacity appeared first on TODAY. 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 chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate
The Federal Government has ordered trucks and trailers parking on the Lagos-Ibadan Expressway to vacate with immediate effect. The post Nigerian government orders parked trucks, trailers on Lagos-Ibadan Expressway to vacate appeared first on TODAY. 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 chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Som Livre, Brazil’s Largest Domestic Label, Put Up for Sale
Mass media conglomerate Grupo Globo is exploring a sale of Som Livre, Brazil’s largest domestic record label. Globo says the decision to try to sell the label doesn’t signal any concerns about the label’s performance in the world’s 10th-largest music market, but rather resulted from a strategic review of the assets in its portfolio. “Som Livre is an extremely solid and profitable business,” Jorge Nóbrega, Globo CEO, says in a statement. “Music remains very important in Globo’s portfolio, but we believe it is a good time to get out of the traditional label business and focus on the D2C (direct to consumer) strategy.” {“nid”:”9486080″,”type”:”post”,”title”:”Will Investors Have Faith in Believe? French Music Company Is Latest t...
