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Oasis Fans Furious As Dynamic Pricing Pushes Ticket Prices Sky High — 'It's Just Not Fair,' Says UK Prime Minister
Tuesday, September 3, 2024 - 5:33pm | 625The British government is scrutinizing the use of dynamic pricing by ticketing websites following an outcry from Oasis fans who were left unable to afford tickets to the band’s highly anticipated reunion tour. What Happened: the UK's advertising regulator has received 450 complaints about...
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Trump's Campaign Slapped With Lawsuit Threat After Jack White Calls Them 'Fascists'- 'You Should Lose Every Military Family's Vote Immediately!'
Saturday, August 31, 2024 - 1:56pm | 473Jack White of the White Stripes has condemned Donald Trump‘s campaign as “fascists” and threatened legal action after an aide used a clip of the band’s 2003 hit “Seven Nation Army” in a pro-Trump social media post. Margo Martin, Trump’s deputy director of...
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Global Music Industry Surges: IFPI Reports $28.6 Billion In 2023 Revenue
Thursday, August 29, 2024 - 2:33pm | 717The IFPI’s 2024 Global Music Report, released on Thursday, reveals a continued upward trajectory for the global recorded music industry, with revenues increasing by 10.2% in 2023 to reach $28.6 billion. This marks the ninth consecutive year of growth, driven largely by a surge in paid music...
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Oasis Fans Rejoice, 'Today Is Gonna Be The Day': Rockers Reunite After 15-Year Family Feud
Tuesday, August 27, 2024 - 12:08pm | 740One of the most famous rock bands from the 1990s is reuniting and ending a sibling feud with Oasis announcing a 14-date 2025 tour for the U.K. and Ireland. The tour could be one of the most anticipated and help several entertainment-related companies. What Happened: While the new Oasis tour may not...
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Trump Vs. Foo Fighters: Former President Uses Song 'My Hero' At Rally Without Permission, Band Pledges Royalties Donation To Harris Campaign
Monday, August 26, 2024 - 5:32pm | 999Former President Donald Trump has frequently used songs from bands that neither like him nor have granted permission for him to use their music. The rock band Foo Fighters is the latest band to speak out about Trump's use of songs. What Happened: Trump welcomed Robert F. Kennedy Jr. as a surprise...
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Michael Jackson's $1.5B Catalog Lands Court Approval For Sale — 'Thriller' For Sony
Thursday, August 22, 2024 - 3:51pm | 430Michael Jackson‘s estate received a green light to finalize a landmark $750 million sale of half of the late pop star’s music catalog to Sony Group Corp.‘s (NYSE:SONY) Sony Music. The catalog, valued at approximately $1.5 billion, includes Jackson's publishing and recorded...
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Cannabis And Queer Identity Unite In David Granados' Reggaeton Single 'Sativa'
Thursday, August 22, 2024 - 1:09pm | 476Actor and content creator David Granados has entered the music scene with a bang, and his debut single, “Sativa,” is creating a buzz by combining cannabis culture with catchy reggaeton beats. The track is not only stirring excitement on social media but is also fueling a new trend of...
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Spotify Boasts 395% Surge In Anime Music Streams, Teams Up With Crunchyroll
Tuesday, August 20, 2024 - 2:32pm | 443Spotify Technology SA (NYSE:SPOT) has unveiled new statistics highlighting the explosive growth of anime music on its platform. According to the latest figures, reported by Music Business Worldwide, global streams of anime music have skyrocketed by 395% since 2021. Additionally, Spotify now hosts...
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Taylor Swift's 'The Tortured Poets Department' Sees 600% Sales Jump Months After Release
Monday, August 19, 2024 - 3:30pm | 367Taylor Swift released “The Tortured Poets Department” in April, but it keeps returning to the top of the music charts. According to recent data from Luminate (via Forbes), the album sold 84,000 copies in the U.S. last week. That’s a significant increase from the previous week's...
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Tencent Music's Average Revenue Per User Focus Signals Potential Profit Growth, Says Analyst
Wednesday, August 14, 2024 - 12:56pm | 418BofA Securities analyst Lei Zhang reiterated a Buy rating on Tencent Music Entertainment Group – ADR (NYSE:TME) with a price target of $15, down from $18. Tencent Music reported a fiscal second-quarter 2024 revenue of $985.00 million (7.16 billion Chinese yuan), missing the analyst estimate...
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Barack Obama Shares 'Eclectic Mix' Of Songs For Summer: Beyoncé, Billie Eilish, Charli XCX Make Cut, Taylor Swift Left Out
Tuesday, August 13, 2024 - 6:17pm | 842Former President Barack Obama shared a list of the songs he's been listening to over the summer, continuing a tradition of sharing songs, TV shows and movies he thinks others should check out. Here's a look at the songs on Obama's playlist. What Happened: Obama is best known for his role in...
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Trump Hits Iceberg: Celine Dion, Sony Say Use Of 'Titanic' Theme Song Will Not Go On
Monday, August 12, 2024 - 6:40pm | 811Political rallies often include the use of songs to pump up crowds or highlight something about a candidate. Songs used by Donald Trump continue to cause him trouble, while Kamala Harris has turned to using Beyoncé songs. What Happened: Global superstar Beyoncé recently authorized the use of her...
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Universal Music Group Shares Plunge After Disappointing Q2 Results
Friday, July 26, 2024 - 2:30pm | 763Universal Music Group NV‘s (OTC:UMGNF) shares dropped 23% on Thursday following the announcement of disappointing results in its streaming and subscription segments. Subscription Revenue Growth Slows Down Significantly In the second quarter, UMG’s subscription revenue growth slowed to 6...
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What's Next For Spotify? More Price Hikes Could Be Coming After Strong Q2 Performance
Thursday, July 25, 2024 - 4:04pm | 569In Tuesday’s second-quarter earnings call, Spotify Technology SA‘s (NYSE:SPOT) CEO Daniel Ek and interim CFO Ben Kung hinted at the possibility of future price increases, despite not providing a concrete timeline. This comes on the heels of substantial hikes in 2023 and 2024, where the...
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Eminem Dethrones Taylor Swift With New Album 'The Death Of Slim Shady'
Monday, July 22, 2024 - 3:40pm | 499Eminem has ended Taylor Swift's impressive 12-week reign. Following the release of his latest record, “The Death of Slim Shady (Coup de Grâce),” the veteran rapper achieved his 11th No. 1 album in the US. This release also marks the biggest week in 2024 for a rap album, according to...