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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LATEST STORIES

Bob Dylan Wins Lawsuit Filed by Desire Co-Writer’s Estate
A New York judge ruled that “(Jacques) Levy’s compensation rights are defined and expressly limited by the terms of the Agreement.”...
Bob Dylan Wins Lawsuit Filed by Desire Co-Writer’s Estate
A New York judge ruled that “(Jacques) Levy’s compensation rights are defined and expressly limited by the terms of the Agreement.”...
Kanye West Announces Second Donda Album Release Event
West will play his new album at Atlanta’s Mercedes-Benz Stadium on Thursday, August 5...
Kanye West Announces Second Donda Album Release Event
West will play his new album at Atlanta’s Mercedes-Benz Stadium on Thursday, August 5...
Watch Billie Eilish’s New “Happier Than Ever” Video
A self-directed, two-part visual to accompany the release of Eilish’s new album Happier Than Ever...
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Rob Reiner Recalls Mark Knopfler’s ‘Princess Bride’ Score, as L.A. Phil Preps First True Orchestral Version
Mark Knopfler’s score for “The Princess Bride,” to quote the film, was only mostly dead. On Saturday, the L.A. Philharmonic will perform it live to picture at the Hollywood Bowl — and they really do mean live. The original 1987 score was recorded almost entirely using a Synclavier sampling machine, with the exception of some...
Brit Beat: Labels Plot Response to Scathing U.K. Streaming Report — Is a Similar One Coming to the U.S.?
Summer vacation season may have started in the U.K., but the fallout from the Department for Digital, Culture, Media & Sport’s Parliamentary Committee report into the economics of music streaming continues to keep much of the British industry hard at work. The report calls for a “complete reset” of the streaming economy and recommends measures,...
Inside Billie Eilish’s Lavish, Star-Studded Spotify Release Party for ‘Happier Than Ever’
Spotify’s release party for Billie Eilish’s “Happier Than Ever” album marks the slow return of events in Los Angeles and it did not disappoint as guests were transported to the cinematic world of the singer’s sophomore album — complete with immersive installations, insight into Eilish’s creative process and of course, a gaggle of celebrities. Olivia...
On Bleachers’ ‘Take the Sadness Out of Saturday Night,’ Jack Antonoff Strips Down the Grandiosity: Album Review
Late last year, in the video for “Chinatown,” Jack Antonoff drove from New York to New Jersey, cruising down the turnpike with Bruce Springsteen riding shotgun. Last month, in an “Into the Shadow” live performance, the Bleachers frontman and pop producing titan crossed state lines again, this time in a bus with his touring bandmates....
Ed Sheeran’s New Album, Due in the Fall, Will ‘Surprise and Comfort’ Fans, His Manager Says
While few official comments about Ed Sheeran’s long-awaited fourth full-length album, prospectively titled “-” (“Minus”), have surfaced, the singer is pretty clearly in album mode. He recently released a new single, “Bad Habits” — which will soon rack up its fifth week at No. 1 in the U.K. — he’s performing at the British record-store...
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‘Ronan’ Finds a Home on Taylor Swift’s Re-Recorded ‘Red’ Album
'Ronan,' the heart-wrenching song Taylor Swift wrote following a four-year-old's sadly fatal battle with cancer, will appear on Swift's re-recorded 'Red' album, Billboard can confirm....
Primary Wave Quietly Amasses Largest Individual Share in Prince’s Estate
Primary Wave has acquired 42% of Prince’s estate from three our of his six heirs, making the publishing company the largest individual share holder of the late artist’s holdings....
Kanye West Announces ‘Donda’ Album Release Event in Atlanta
Ahead of the expected release of 'Donda,' Kanye West has scheduled an album release event in Atlanta for Aug. 5....
Broadway to Require Vaccinations, Masks for Audience Members
Broadway theatergoers will need to prove they’ve been vaccinated for COVID-19 and masks will be required when theaters reopen in the coming weeks....
Slipknot Share Tribute Video After Joey Jordison’s Death: ‘Without Him There Would Be No Us’
Slipknot released a moving tribute video to honor drummer Joey Jordison, who died on July 26 at the age of 46....
FLVTO.biz Lawyers Move to Withdraw As the Stream-Ripping Giant Refuses to Comply With Discovery
Earlier this month, YouTube stream-ripping websites FLVTO.biz and 2conv.com – as well as their owner, Russia native Tofig Kurbanov – pushed back against an order to compile and turn over data logs as part of their legal showdown with the RIAA. Now, the parties are refusing to cooperate with discovery, and their lawyers have filed...
T.I. Says DaBaby Is Getting “Bullied, Villainized, Crucified – That’s Not Equality”
Rapper T.I. has spoken out in defense of DaBaby after the homophobic rant at Rolling Loud. The Atlanta-area rapper took to Instagram Live to share a message with his fans. “Everyone is up in arms and upset about what DaBaby said,” T.I. says, sitting in his vehicle. “I understand people saying that they feel that...
Mark Hoppus’ ‘Cancer Is Disappearing,’ Says Former Blink-182 Bandmate Tom DeLonge
Tom DeLonge, who was a longtime member of Blink-182, has shared a positive update about former bandmate Mark Hoppus' health amid his battle with cancer....
First Out: New Music From L Devine, Pvris, Wrabel & More
Billboard Pride is here to help with First Out, our weekly roundup of some of the best new music releases from LGBTQ artists....
Bob Dylan Beats Lawsuit Over $300M Catalog Sale
Bob Dylan can rest easy that he won’t have to hand over a portion of his $300 million sale of his entire song catalog to Universal Music....
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