Author: Glenn Peoples
Page: 2
James Dolan, executive chairman/CEO of MSG Entertainment, will lead the New York-based live events company for another three years. Dolan received a new contract that will keep him at MSG Entertainment through June 2027, the company revealed on Friday (June 21) in a regulatory filing. Dolan, who is also the CEO of both MSG Sports […]
Warner Music Group shares rose 6.6% to $31.47 this week, narrowing the stock’s year-to-date loss to 12.1%. Other gainers in the record label and music publisher space were HYBE, up 1.8% to 200,500 won ($144.95), and Universal Music Group, up 1.4% to 28.63 euros ($30.67). Streaming companies had the best week, however. Led by LiveOne’s […]
Free music streaming shouldn’t be so free, Rob Stringer, CEO of Sony Music Entertainment, suggested Wednesday during a presentation to Sony Corp. analysts and investors. The value of paid subscription “remains incredible,” said Stringer in prepared remarks during parent company Sony’s Business Segment Meeting 2024. But recent price increases — by Spotify, Apple Music, Amazon […]
Led by SZA’s SOS, Travis Scott’s UTOPIA and growth in paid subscription streaming services, Sony Music revenue grew 16.9% to 1.59 trillion yen ($11.05 billion) in its fiscal year ended March 31, its parent company, Sony Corp., reported Tuesday, May 14. Sony Music’s revenue topped guidance of 1.56-1.57 trillion yen given in Sony Corp’s previous […]
K-pop giant HYBE posted its lowest total revenue in two years as its recorded music segment sank to its lowest level in seven quarters, the South Korean company announced Thursday (May 2). HYBE had first quarter revenue of 360.9 billion won ($271.5 million), down 12.1% year over year and the lowest since posting 285 billion […]
As social media often reminds us, the next generation is going to be just fine. The 2024 Disney Dreamers Academy just wrapped up from sunny Orlando, Florida, and it was truly a beautiful display of the brilliance and creativity that today’s young people possess. It also showed the power of what can happen when we […]
Ghosts star Danielle Pinnock made a declaration after the 96th Academy Awards that we’ve all been thinking: this is the year of the plus-sized actress. “Seeing the nominations during this award season for Danielle Brooks and Da’Vine Joy Randolph, who is one of my dear friends, has been so inspiring because it means that women […]
Not a day goes by that the fashion industry doesn’t mourn the late Virgil Abloh. With his passing LVMH wanted to give the generation a chance to chase their dreams through The Virgil Abloh Post Modern Scholarship. This groundbreaking initiative embodies the innovative spirit and inclusivity championed by Virgil. Established in his honor, this scholarship […]
Live Nation shares gained 4.0% to hit $103.77 this week, marking the stock’s best closing price since May 2, 2022, and the first time the concert promotion giant had five straight closes above $100 since late April and early May that same year. Other music stocks didn’t fare as well. Most of the 20 companies […]
Black couples in music have created timeless classics that resonate across generations, leaving a mark on the industry. Beyoncé and JAY-Z stand as one of the most iconic musical power couples, starting with their collaboration on “03′ Bonnie and Clyde” and continuing to elevate their partnership with the release of the collaborative album The Carters. […]