MUSIC INDUSTRY NEWS

Jay-Z completes sale of Tidal to Jack Dorsey’s Square for reported $350M

Jay-Z’s deal to sell his music-streaming service Tidal to Jack Dorsey’s financial services company Square has closed, reportedly valuing Tidal at more than $435 million.

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Hipgnosis Acquires 105 Songs From Grammy-Winner Andrew Watt in Eight-Figure Deal

Merck Mercuriadis calls Andrew Watt “arguably the most important writer and producer in the world today

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Concord acquires 145,000 music copyrights from Downtown for around $400m

The copyrights included in the transaction were developed or acquired by Downtown over the past 14 years and bring Concord’s owned and controlled music assets to over 600,000 works.

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Universal Music Group is Raising $3.5 Billion in Financing. Will A Spending Spree Follow?

Last month, MBW revealed that Universal Music Group spent a whopping €1.5 billion (approx $1.7bn) in 2020 on a combination of acquiring catalogs and paying advances to artists.

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Dr. Luke’s Prescription Songs Will Pay Songwriters In Bitcoin

Dr. Luke’s Prescription Songs publishing company has announced that its songwriters will have the option of receiving their royalties in Bitcoin moving forward.

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Listen to Mach-Hommy’s New Album Balens Cho
The full-length followup to this spring’s Pray for Haiti...
Chromatics’ Adam Miller Announces Debut Solo Album
Gateway is out early next year...
The Strokes, LCD Soundsystem, and Le Tigre to Perform at 2022 This Ain’t No Picnic Festival
Earl Sweatshirt, Phoebe Bridgers, Caroline Polachek, Godspeed You! Black Emperor, and others are also playing the California event...
070 Shake and NLE Choppa Share Video for New Song “Lose My Cool”: Watch
The first offering from 070 Shake’s sophomore studio album You Can’t Kill Me Because I Don‘t Exist...
Mary J. Blige Announces Album, Shares New Songs: Listen
“Good Morning Gorgeous” and the DJ Khaled collaboration “Amazing” lead Blige’s Good Morning Gorgeous...
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Edgar Wright on Shooting ‘Sparks’ and Making 1960s Britpop Scary in ‘Last Night in Soho’
No one in the film world had a Year in Music quite like Edgar Wright. Almost right on the heels of “The Sparks Brothers,” his documentary tribute to a duo celebrating its 50th anniversary of eccentric rock heroism, came “Last Night in Soho,” a bloody supernatural thriller that nearly doubled as a movie musical, thanks...
Polo G’s ‘Momager,’ Stacia Mac, on How ‘Rapstar’ Really Did Make a Star
“I randomly asked Siri what the No. 1 song in the world was,” Stacia Mac, Polo G’s “momager,” recalls. It was a conversation she was happy to have. “She said, ‘Rapstar’! I was so proud of my son at that moment!” Getting “Rapstar” to top charts globally in 2021 proved a family affair from the...
How ‘Fancy Like,’ Walker Hayes’ Ode to Fine Dining at Applebee’s, Became the Accidental Sync of the Year
Country star Walker Hayes is surprised to be earning the Sync of the Year award from Variety for “Fancy Like,” as part of this year’s Hitmakers event. But that’s only because he’s still a little surprised at having even gotten an advertising sync with the song, period. That he just backed into this might be...
Variety’s Hitmakers Brunch Unites Music Industry Insiders to Celebrate the Soundtrack of 2021: ‘We Dreamed of Moments Like This’
Jack Harlow told tales of being in second grade. Lil Nas X admitted he “had a lot of fun pissing people off” this year. BTS sent their regards via video. Olivia Rodrigo saluted “all the amazing supportive women in my life,” while Lana Del Rey declared, “my lovemaking is my legacy – I get to...
Lil Nas X, Doja Cat, Ed Sheeran, Saweetie and BTS Sound the Bell at L.A.’s iHeartRadio Jingle Ball
Normally, it’d be a bad sign when patrons start walking out just two songs into a four-hour concert. But things are a little different when it’s BTS charged with opening the show, as the K-pop group was at the Jingle Ball at L.A.’s Forum Friday night. After BTS hit the stage right on the dot...
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Lizzo Makes Triumphant Return to Stage in Miami, With Shout-Outs to Chris Evans and Drake
The unofficial theme for the evening per Lizzo was 'Breathe, B----,' with the singer expressing her joy to be back on stage again after COVID shut down live performances for much of 2020....
Cardi B Debuts Boozy Whipped Cream Partnership During Miami Art Week
Cardi debuted Whipshots with a sweets-themed party at Pharrell and David Grutman’s The Goodtime Hotel in Miami....
Why Adele Had Her Instagram Password Taken Away
The "Easy on Me" singer admitted that she currently doesn't have the password to her official Instagram account....
Olivia Rodrigo Performs Acoustic ‘Good 4 U’ for Teen Vogue & Most of ‘Sour’ Album for Austin City Limits
Rodrigo accepted an award from Variety, took the stage for an acoustic performance for Teen Vogue and saw the debut of her Austin City Limits episode this weekend....
Fans Choose Ariana Grande & Kid Cudi’s ‘Just Look Up’ as This Week’s Favorite New Music
The soaring pop ballad brought in 35% of this week's vote....
Taylor Swift, Jack Antonoff & St. Vincent Are No Longer Grammy Nominees for Olivia Rodrigo’s ‘Sour’
The Academy is wisely drawing a distinction between songwriters who are actively involved in the creation of a new song and those whose old work was merely interpolated....
Adele’s ‘30’ Spends Second Week at No. 1 on Billboard 200 Albums Chart
Plus: Michael Bublé’s former No. 1 “Christmas” surges 9-3 and Vince Guaraldi Trio’s “A Charlie Brown Christmas” returns to top 10....
Karol G Shows Her Colombian Pride at Hometown Stadium Concert in Medellin
The reggaeton superstar performed the first of two shows at Medellin's Estadio Atanasio Girardot on Dec. 4....
Billie Eilish Shares Somber Teaser for Self-Directed ‘Male Fantasy’ Video: Watch
"Directed and EDITED BY meeeeeeeeeee!" Eilish wrote....
Box Office: ‘Encanto’ Leads Quiet Post-Holiday Weekend
'Encanto' grossed $12.7 million from 3,980 theaters in its second weekend....
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