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Drake Samples Kim Kardashian Talking Divorce on New Song ‘Search & Rescue’ - variety.com - Los Angeles
variety.com
07.04.2023 / 15:45

Drake Samples Kim Kardashian Talking Divorce on New Song ‘Search & Rescue’

Jem Aswad Senior Music Editor Drake is no stranger to taking jabs in his songs, and in his new single “Search & Rescue,” he’s apparently taking one at his frenemy Kanye West: The song features dialogue of West’s estranged wife, Kim Kardashian, apparently talking about divorce. “I didn’t come this far, just to come this far and not be happy,” Kardashian’s vocal fry-laden voice is heard speaking to her mother, Kris Jenner, on their reality show. “Okay, that’s fair,” Jenner replies. Kardashian then says, “Yep, I saw it on the internet.” The song’s lyrics are standard Drake fare about the travails of being a rich superstar looking for love: “I need someone to be patient with me/ Someone to get money with, not take it from me/ Look, they don’t even need to be as famous as me/ I don’t think I’ll meet them at the places I be,” raps Drake for the song’s chorus.

Vivian Trimble, Luscious Jackson Multi-Instrumentalist, Dies at 59 - variety.com - France - New York
variety.com
07.04.2023 / 02:35

Vivian Trimble, Luscious Jackson Multi-Instrumentalist, Dies at 59

Jem Aswad Senior Music Editor Vivian Trimble, a multi-instrumentalist and singer best known for her 1990s work with Luscious Jackson, died Tuesday after a battle with cancer, a rep for the band confirms to Variety. She was 59. A dancer and choreographer as well as a musician, Trimble (pictured above, far right, with the group in 1995), also released collaboration albums with Luscious Jackson singer-bassist Jill Cunniff in 1995 as the Kostars, and an album with Breeders bassist Josephine Wiggs as Dusty Trails, which featured guest vocals from Emmylou Harris.A post shared by lusciousjackson (@lusciousjackson) Born to classical musicians, Trimble was raised in France and the U.S. and spoke three languages. She attended Oberlin College and met Cunniff in 1991 when both were teaching GED adult education classes in New York.

‘Scream VI’ Surpasses $100 Million At The Box Office, Becomes The First Franchise To Do So In 26 Years - etcanada.com - New York
etcanada.com
06.04.2023 / 21:19

‘Scream VI’ Surpasses $100 Million At The Box Office, Becomes The First Franchise To Do So In 26 Years

“Scream VI,” the first instalment of the adored slasher series, is unquestionably on course to set box office records for the series.

‘Scream VI’ Crosses $100 Million, First in Franchise to Hit Box Office Milestone in 26 Years - variety.com - New York - city Lost
variety.com
06.04.2023 / 18:51

‘Scream VI’ Crosses $100 Million, First in Franchise to Hit Box Office Milestone in 26 Years

Rebecca Rubin Film and Media Reporter Another box office slay for Ghostface. “Scream VI” will cross $100 million in domestic ticket sales on Thursday. It’s the first installment in the long-running slasher series to hit the coveted milestone in 26 years, since 1997’s “Scream 2” ended its theatrical run with $101 million. In the coming days, “Scream VI” will overtake the original 1996 “Scream” ($103 million) as the highest-grossing entry in North America, not adjusted for inflation. Paramount and Spyglass brought the sixth chapter to the big screen in March, crushing franchise records with its $44.5 million debut. “Scream VI” has also collected $56.25 million at the international box office, bringing its global tally to $156 million. The first “Scream” still stands as the biggest worldwide earner of the bunch with $173 million, followed by the sequel with $172 million.

Donald Trump Indictment Released; Its 34 Felony Charges Could See Ex-POTUS Behind Bars For Over 100 Years If Found Guilty - deadline.com - New York - New York - Florida
deadline.com
04.04.2023 / 20:55

Donald Trump Indictment Released; Its 34 Felony Charges Could See Ex-POTUS Behind Bars For Over 100 Years If Found Guilty

The Manhattan District Attorney’s just-unsealed 34-count indictment again Donald Trump could see the former president in state prison for decades if found guilty.

Endeavor: WWE-UFC Merger ‘Crystalizes’ Value of Entertainment Franchises, Combo to Yield up to $100 Million Cost Savings - variety.com
variety.com
03.04.2023 / 14:49

Endeavor: WWE-UFC Merger ‘Crystalizes’ Value of Entertainment Franchises, Combo to Yield up to $100 Million Cost Savings

Todd Spangler NY Digital Editor Endeavor is bringing together two of the world’s biggest combat-sports franchises — UFC and WWE — in a blockbuster merger announced Monday. It’s a deal in which “one plus one equals three,” said Endeavor president and COO Mark Shapiro, who will serve in the same role for the merged UFC-WWE. The pact, valuing the combined company at roughly $21.4 billion, is anticipated to close in the second half of 2023. The deal will result in an estimated $50 million to $100 million in annualized run-rate cost synergies, according to Endeavor, including by moving WWE to Endeavor’s back-office infrastructure. Shapiro said Endeavor, when it acquired UFC, realized $70 million in cost savings.

Lizzo, Latto, Loyle Carner and 100 new names complete Roskilde 2023 line-up - www.nme.com - Britain - Denmark - county Caroline
nme.com
01.04.2023 / 17:35

Lizzo, Latto, Loyle Carner and 100 new names complete Roskilde 2023 line-up

Lizzo, Latto and Loyle Carner to its huge 2023 line-up – see the full list below.The festival will return to Denmark between June 24-July 1 this year, with the list of headliners including Blur, Queens Of The Stone Age, Christine And The Queens, Rosalía and more.Alongside global superstars, the list of new names also include UK acts Caroline, Big Joanie, Sorry and Biig Piig.Roskilde Festivals head of programming, Anders Wahrén, said in a statement: ”Following last year’s huge celebration with the 50th edition of Roskilde Festival, we now kick off a new phase.“This year’s line-up is put together to show that positive change is possible, which makes Lizzo the perfect act to headline our festival and close down our main stage. There is a spiritual connection between her ultimate love party and all the nooks and nuances in our overall line-up, which is notoriously world-class and always exceeds expectations.”See the full Roskilde 2023 line-up below.A post shared by Roskilde Festival (@roskildefestival)The non-profit Danish event is due to return for “an eight-day exploration of music, art, activism and community” between June 24 and July 1 this year.

Songwriters Have Been Waiting Five Years for $373 Million in Royalties: Here’s What You Can Do to Help - variety.com
variety.com
31.03.2023 / 15:03

Songwriters Have Been Waiting Five Years for $373 Million in Royalties: Here’s What You Can Do to Help

Jem Aswad Senior Music Editor This op-ed is jointly signed by the advocacy organizations the Songwriters of North America (SONA), the Black Music Action Coalition (BMAC), and the Music Artists Coalition (MAC). If you love songwriters and hate the many ways songwriters are underpaid, paid slowly, or not paid at all, please read the following: There is over a quarter billion dollars of mechanical-royalty income related to songs that were streamed between 2018 and 2022 that has not been paid — and there is no guidance on when it will. Why? Eyes down. The Mechanical Licensing Collective (“MLC”) is an organization responsible for receiving mechanical royalties from streaming services, matching the royalties for songs to the appropriate songwriters, and distributing that income to songwriters and publishing companies accordingly. The MLC is currently holding $373 million dollars in mechanical royalty income for songs streamed between 2018 and 2022. 

Universal Music Extends Chairman-CEO Lucian Grainge’s Contract, With One-Time Stock Grant of Up to $100 Million - variety.com
variety.com
30.03.2023 / 19:21

Universal Music Extends Chairman-CEO Lucian Grainge’s Contract, With One-Time Stock Grant of Up to $100 Million

Jem Aswad Senior Music Editor Universal Music Group announced on Wednesday that its Board of Directors has extended the contract of Lucian Grainge, the company’s chairman and CEO, until May 1, 2028. According to the announcement, the “extended and amended” agreement transitions Grainge from an all-cash compensation package to one that is a combination of equity and cash and includes an equity compensation program with “a broad set of performance-based objectives aligned with shareholders’ interest and corresponding to the company’s long-term growth strategy. To assure the compensation program is aligned with shareholders’ interest, the majority of the compensation package’s economic value will be paid in UMG equity and UMG performance-based stock options.” Grainge’s annual salary under the new agreement will be reduced by more than two-thirds from his current salary, to $5 million, the announcement continues. Subject to the achievement of performance criteria, he will be eligible for an annual bonus with a target of $10 million. The EBITA bonus from his prior employment agreement has been eliminated and Grainge will only be entitled to the contingent bonus under his prior employment agreement on a pro rata basis until March 31, 2023. The equity components of the program include annual grants of $20 million, comprised of as much as 50% Performance Share Units (PSUs) — with annual PSU goals set by the Board of Directors — and the remainder comprised of Restricted Share Units (RSUs). 

BMG Posts $900 Million-Plus in Revenue for 2022, Spent Over $400 Million on Catalog Acquisitions - variety.com - Germany - Berlin
variety.com
30.03.2023 / 14:49

BMG Posts $900 Million-Plus in Revenue for 2022, Spent Over $400 Million on Catalog Acquisitions

Jem Aswad Senior Music Editor BMG posted its strongest year of growth in 2022, with annual revenues of $911 million (up 30% over last year) and made more than $400 million worth of acquisitions in the booming catalog market, the company announced Thursday in its annual earnings report. The company’s annual operating EBITDA was up by more than 35% to $205 million. Founded in 2008, the Berlin-based company has been a steady presence in the music industry, basing its strength on tried-and-true artists and catalogs that range from Adam Lambert to Cypress Hill, from T. Rex to the Trojan reggae label. Its publishing division is one of the biggest in the industry, and it has made bold moves into the music documentary business — including a major stake in the critically lauded David Bowie doc “Moonage Daydream.”

Popular Bollywood songs are being removed from Spotify - www.nme.com - India
nme.com
30.03.2023 / 01:59

Popular Bollywood songs are being removed from Spotify

Spotify after a licensing dispute with a top label.As The Independent report, fans have been sharing their anger after hundreds of songs from the Indian label Zee Music Company have been disappearing from playlists.The label, which purports to be India’s second most popular, claims it is home to more than 50 per cent of new Bollywood music.Now, hugely popular soundtracks to films including Bajirao Mastani, Ram-Leela and Gully Boy have all been removed from the service, while the song ‘Apna Bana Le’, from new film Bhediya, has also been removed despite being the most-streamed song in India on Spotify in recent weeks.In a statement toBillboard, Spotify said: “Spotify and Zee Music have been unable to reach a licensing agreement.“Throughout these negotiations, Spotify has tried to find creative ways to strike a deal with Zee Music and will continue our good faith negotiations in hopes of finding a mutually agreeable solution soon.”Elsewhere, it was recently revealed that Spotify executives have only spent 10 per cent of their $100million (£81.75million) budget on a new fund to promote music and audio content by members of “historically marginalised groups”.The Creator Equity Fund was launched last year in the wake of controversy surrounding Joe Rogan’s Spotify-exclusive podcast, The Joe Rogan Experience, due to uses of the N-word and COVID-19 vaccine misinformation.Just over a year on, however, Bloomberg has found that the initiative has got off to a slow start.

Music Industry Moves: Bad Bunny Collaborator MAG Re-Ups With Warner Chappell; Cutting Edge Acquires Major Film Music Catalog - variety.com - Spain - Dominica
variety.com
27.03.2023 / 20:51

Music Industry Moves: Bad Bunny Collaborator MAG Re-Ups With Warner Chappell; Cutting Edge Acquires Major Film Music Catalog

Jem Aswad Senior Music Editor Warner Chappell Music has renewed its global publishing deal with producer Marco “MAG” Borrero. A frequent Bad Bunny collaborator, MAG produced 15 of the 23 tracks on the blockbuster album “Un Verano Sin Ti,” which led to his 2022 Variety Hitmakers honor and his No. 1 position on Billboard’s Year-End Hot Latin Song Producers chart. “Un Verano Sin Ti” became the first all-Spanish album to top the year-end Billboard 200 chart as well as earn a nomination for Album of the Year Grammy award. The Brooklyn-born, Puerto Rican-Dominican producer was mentored by Max Martin — the most successful songwriter-producer of the past 25 years — and over the course of his career has also collaborated with Rauw Alejandro, Arcángel, Bebe Rexha, Imagine Dragons, Selena Gomez, and Demi Lovato.

Spotify only spent 10 per cent of its $100million diversity fund in the past year - www.nme.com
nme.com
25.03.2023 / 17:41

Spotify only spent 10 per cent of its $100million diversity fund in the past year

Spotify executives have only spent 10 per cent of their $100million (£81.75million) budget on a new fund to promote music and audio content by members of “historically marginalised groups”.The Creator Equity Fund was launched last year in the wake of controversy surrounding Joe Rogan’s Spotify-exclusive podcast, The Joe Rogan Experience, due to uses of the N-word and COVID-19 vaccine misinformation.Just over a year on, however, Bloomberg has found that the initiative has got off to a slow start. Spotify was found to have taken months to hire staff and deal with “shifting priorities”, and Bloomberg also obtained a memo which said that at the beginning of the year, they were still finalising the fund’s budget and were still sorting out their priority projects.A project manager was appointed and teams assembled to pitch and create shows and assist with marketing, the initiative lacked enough of a structure in terms of fielding projects and funding.“The Spotify Creator Equity Fund is dedicated to a variety of initiatives that help elevate and support an inclusive and diverse portfolio of artists and creators on the platform,” a spokesperson for Spotify said in a statement.

Jay-Z Is Now a $2.5 Billion Business, Man - variety.com - Beyond
variety.com
24.03.2023 / 20:41

Jay-Z Is Now a $2.5 Billion Business, Man

Jem Aswad Senior Music Editor Jay-Z’s net worth has soared to $2.5 billion, according to a new Forbes report published Friday. While the report is slim on details, it notes that the fortune of the man born Shawn Carter 53 years reached far beyond music. “Even in a year without a tour or album release, Jay-Z mints millions from his Armand de Brignac champagne and D’Usse cognac,” it says. “The Brooklyn-born rapper was crowned hip-hop’s first billionaire by Forbes in 2019, thanks to a sprawling and diversified empire,” noting assets from his Roc Nation entertainment and sports empire to a fine-art collection including works by Jean-Michel Basquiat.

Sony Music Dissolves Arista Nashville Label - variety.com - Texas - Nashville - Columbia
variety.com
23.03.2023 / 23:41

Sony Music Dissolves Arista Nashville Label

Jem Aswad Senior Music Editor Sony Music has dissolved the long-running Arista Nashville imprint, a rep for the company confirms to Variety. The news was first reported in Country Aircheck‘s newsletter. Most of the artists will be absorbed into Sony Music Nashville, with Nate Smith is going to RCA Nashville and Old Dominion and Megan Moroney moving over to Columbia Nashville. Brooks & Dunn is the most famous artist on the label, having been one of its cornerstone acts since 1991, but the duo is not a going concern on the recording front. Apart from a retrospective/duets project three years ago, they have not issued an album of new material since 2007.

Jewel claims her mother embezzled $100 million from her - www.wonderwall.com
wonderwall.com
23.03.2023 / 20:09

Jewel claims her mother embezzled $100 million from her

Jewel claims her that now-estranged mother stole millions upon millions of dollars from her as her career skyrocketed. While appearing on the "Verywell Mind" podcast, the singer spoke of her financial struggles and the huge debt she was saddled with after her mom's alleged embezzlement. "I didn't really realize what my mom was until I was 30-something. I woke up and realized she embezzled all of my money, over $100 million," Jewel said.

John Sebastian’s Catalog, Including ‘Daydream’ and ‘Welcome Back,’ Acquired by AMR Songs - variety.com - New York - Los Angeles - Boston - county Sebastian - county Little River
variety.com
23.03.2023 / 02:35

John Sebastian’s Catalog, Including ‘Daydream’ and ‘Welcome Back,’ Acquired by AMR Songs

Jem Aswad Senior Music Editor The newly launched independent music publishing, rights management, and catalog marketing company AMR Songs has acquired by catalogs of former Lovin’ Spoonful frontmany John Sebastian — including such songs as “Daydream,” “Summer in the City,” “Do You Believe in Magic” and “Wecome Back” — as well as Grammy-winning reggae group Soja. Founded by industry veteran/ CEO Tamara Conniff and private equity professional/ CFO Steve Reinstadlter, the Los Angeles and New York-based company has acquired an undisclosed interest in Sebastian’s entire catalog, including his publishing and artist royalties from the Lovin’ Spoonful, which also include “Younger Girl,” “You Didn’t Have to Be So Nice,” and “Did You Ever Have to Make Up Your Mind?,” among others.

Jewel Claims Her Mother Lenedra Carroll ‘Embezzled’ More Than $100 Million From Her: ‘Very Difficult Psychological Thing’ to Deal With - www.usmagazine.com - Utah
usmagazine.com
22.03.2023 / 21:58

Jewel Claims Her Mother Lenedra Carroll ‘Embezzled’ More Than $100 Million From Her: ‘Very Difficult Psychological Thing’ to Deal With

Musician Jewel is opening up about her rocky relationship with her mother, Lenedra Carroll, whom she claims stole millions of dollars from her.

Jewel Claims Her Mother 'Embezzled' Over $100 Million From Her - www.etonline.com
etonline.com
22.03.2023 / 20:54

Jewel Claims Her Mother 'Embezzled' Over $100 Million From Her

Jewel got a lot off her chest when she joined the and claimed, among other things, that her mother embezzled millions and millions of dollars from her.In a candid conversation with host and licensed therapist Amy Morin, the 48-year-old singer claimed that an investigation revealed her mother embezzled more than $100 million of her money. She added that, at 34 years old, she realized she was $3 million in debt, and she pointed the finger at her mother.«Thirty-four years old, I realize I'm $3 million in debt, realize my mom stole it, realize everything I thought my mom was isn't what she was,» Jewel alleged.

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