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HomeBusiness(Page 514)

Playlists Don’t Hit Like They Used To

9 December, 2022

The rise of personalization and short-form video platforms means that the streaming services' marquee editorial collections don't drive as much listening.

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Russian Music Streamer VK Offering Pirated Music From Taylor Swift and Red Hot Chili Peppers

9 December, 2022

Before Vladimir Putin’s invasion of Ukraine, the social media company had worked to reform its legacy of piracy in what was then the 13th-largest market.

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Justin Bieber and The Weeknd Sued Over Alleged Bored Ape NFT Scheme: ‘Drastically Inflated Prices’

9 December, 2022

The class action is the latest lawsuit over allegedly misleading celebrity endorsements of cryptocurrencies and non-fungible tokens.

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Executive Turntable: Columbia Taps UK President; Web3 Label Hires R&B/Hip-Hop Power Player

9 December, 2022

Also this week: CTS Eventim appoints a new CFO, beatBread hires an industry vet as head of Europe and more.

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K-Pop Promoter Behind BTS, BLACKPINK Tours Partners With AEG Presents

9 December, 2022

The two companies, which have collaborated on K-pop tours for the past 13 years, will team up in all areas of the live K-pop business.

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Nick Carter Sued for Allegedly Raping Teen Fan on Backstreet Boys Tour Bus in 2001

8 December, 2022

Lawyers for the alleged victim say Carter gave her alcohol and then ignored her when she “begged him to stop.”

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What Recession? Music Companies Keep Growing, Despite Economic Downturn

8 December, 2022

Upbeat third-quarter results defied a mostly bleak earnings season for other sectors.

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AEG Presents UK Hires Chris Wareing & Paris Harding From SJM Concerts

8 December, 2022

Wareing joins the company as senior vp of global touring while Harding boards as a promoter.

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Sony Music Latin Unveils New Headquarters in Puerto Rico

8 December, 2022

Sony Music Puerto Rico has had its facilities on the island since 1980.

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Columbia’s Leaders On Their Banner Year, From Adele to Yahritza

8 December, 2022

Chairman/CEO Ron Perry and executive vp/GM Jen Mallory have guided the label to an increasingly rare kind of pop music success, with established superstars and next-gen talents alike dominating on all fronts.

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