Big Hit Entertainment, home to K-Pop superstars BTS, floated a portion of its company on the Korean stock market last Thursday, October 15th. Thanks to stock-buying demand whipped up by BTS megafans, Big Hit’s share price opened at a wild $235 (270,000 South Korean Won) — double its initial public …
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In the week following the release of the singer/songwriter’s delight that is Folklore, Taylor Swift‘s early catalog got some extra attention on streaming platforms, with albums like Fearless and Red seeing double-digit growth in streams. Her 2008 album Fearless saw the biggest boost in streams, rising by 45 percent during …
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Metallica is one of several parties involved in a new multi-million dollar investment venture focused on acquiring song catalogs, Variety reports. The Worldwired IP Fund, the latest in a new breed of acquisition ventures focused on music rights, is expected to have resources worth between $300 and $500 million. Song …
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In a period where social media streaming has never been more saturated and competitive amid social distancing measures brought on by the ongoing crisis, social media app Triller has launched a new star-studded singing competition to break through the noise and draw some eyes. “Step Up to the Mic,” the …
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Two weeks ago, Brian Fallon, known for his work as a solo artist and a member of the Gaslight Anthem, scheduled his first Zoom songwriting session with Jason Wade and Steve Stout of the band Lifehouse. “We didn’t have anything specific planned,” Wade says. “But we were texting back and …
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For years, Chris Cornell — the CEO of Manhead Merch, which handles T-shirts, posters, and other music merch for artists, including Fall Out Boy, Panic! at the Disco, and Alanis Morissette — considered his industry to be recession-proof. But when COVID-19 struck and shuttered concerts, Cornell found his company abruptly …
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(UPDATE 3/5): In a statement provided to Rolling Stone and available in part on Instagram, Megan The Stallion expressed her gratitude that the court denied her former label 1501 Certified Entertainment their request to dissolve the temporary restraining order. “I’m extremely pleased that 1501 and Carl Crawford were denied the …
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Katy Perry hasn’t released a new album in two years. But the pop star’s name lit up headlines this week as fervidly as if she had, when a jury unanimously ruled that her 2013 smash hit “Dark Horse” copied an older song from a little-known Christian rapper — a decision …
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Love, like a teeming festival campground, can be utter chaos and misery to navigate. Tinder is here to help. The dating app announced Tuesday that it has teamed up with live events conglomerates AEG Worldwide and Live Nation to introduce “Festival Mode,” a new feature with the express purpose of, …
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Lucian Grainge’s Universal Music Group is due to partly change hands this year, as its parent company, the French media company Vivendi, prepares to sell up to 50 percent of its music arm. It will not be a cheap buy: On Monday, Deutsche Bank said in a report that it …
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