Dylan Smith

Live Nation Stock Spikes Following Q3 2024 Earnings Release — Execs Anticipate ‘A Return to the More Traditional Antitrust Approach’ Amid DOJ Legal Battle

November 11, 2024

Live Nation president and CEO Michael Rapino. Photo Credit: Live Nation Live Nation (NYSE: LYV) has posted a slight YoY revenue decrease for Q3 2024 – including due to a 17% falloff in ticketing. However, exe... Read More...

Pershing Square Has a History of Investor Activism — But Can It Compel Universal Music to Leave the Netherlands?

Dylan Smith

November 11, 2024

The Euronext Amsterdam building. Photo Credit: Bootuitjes Billionaire businessman Bill Ackman’s Pershing Square has a long history of investor activism – but can it compel Universal Music Group to exit the Eu... Read More...

Hipgnosis Finalizes $1.47 Billion ABS, Eyes Additional Catalog Plays Following Blackstone Privatization Deal

Dylan Smith

November 11, 2024

Hipgnosis has revealed a nearly $1.5 billion asset-backed securitization (ABS). Photo Credit: Hipgnosis Another day, yet another asset-backed securitization – this time from Blackstone's Hipgnosis, which has ... Read More...

Latest Music Industry Hires: SongVest, WK Records, Warner Chappell Benelux, iHeartMedia, More

Dylan Smith

November 8, 2024

In one of early November's music industry hires and promotions, WK Records named Azucena Olvera (pictured) general manager. Photo Credit: WK Here’s a recap of recent music industry hires and in-house promotio... Read More...

Federal Judge Ready to Toss Mariah Carey ‘All I Want for Christmas Is You’ Infringement Case

Dylan Smith

November 8, 2024

Photo Credit: Filipe Vicente / Setor VIP Merry Christmas, Mariah Carey: A federal judge is reportedly partial to tossing a copyright infringement action centering on “All I Want for Christmas Is You.” That i... Read More...

Sony Music Posts Double-Digit Q3 2024 Revenue Jump — Recorded Music Streaming Growth Hits 9%

Dylan Smith

November 8, 2024

A live performance from SZA, whose SOS, despite having debuted in late 2022, generated the most Q3 2024 revenue of any Sony Music release. Photo Credit: Erin Cazes Sony Music achieved double-digit YoY revenue... Read More...

Spotify Stock Cracks $400 for the First Time — Multiple Analysts Up SPOT Targets Ahead of Q3 Earnings Release

Dylan Smith

November 7, 2024

Spotify stock has cracked $400 per share for the first time, and all eyes are now on the business's upcoming Q3 2024 earnings report. Spotify shares (NYSE: SPOT) have officially cracked a record high of over ... Read More...

A Sample Within a Sample? Soulja Boy, GloRilla, Megan Thee Stallion, and Cardi B Face Infringement Suit Over ‘Wanna Be’

Dylan Smith

November 7, 2024

A Hot Girl Summer Tour performance from Megan Thee Stallion, who, along with GloRilla and others, is facing a copyright infringement suit centering on 'Wanna Be.' Photo Credit: Live Nation Copyright infringem... Read More...

Spotify and Apple Music Roll Out ‘Share to TikTok’ Feature, Enabling Users to Link Directly to Songs, Audiobooks, and More

Dylan Smith

November 7, 2024

A new 'Share to TikTok' feature is enabling users to post and message to the short-form app about tracks from Spotify as well as Apple Music. Photo Credit: Spotify It just got even easier for fans to share mu... Read More...

Community-Development Startup Levellr Announces $1.75 Million Raise and Confirms New Chairman

Dylan Smith

November 6, 2024

Discord-focused fanbase-development and -monetization startup Levellr has announced a $1.75 million raise, brought on a new chairman, and disclosed expansion plans for 2025. Photo Credit: Alexander Shatov Abo... Read More...

One Week Post-Earnings, UMG Stock Is Still Struggling — Will the Major’s ‘Streaming 2.0’ Initiative Turn Things Around?

Dylan Smith

November 6, 2024

As of November 6th, 2024, Universal Music Group stock remains down over 20% from its value in early May. About one week removed from the release of its Q3 2024 earnings report, Universal Music Group is still ... Read More...

Hybe Posts 18.8% Recorded Music Revenue Slip for Q3 2024, Tees Up Aggressive Q4 Release Schedule, and Eyes 2025 BTS Reunion

Dylan Smith

November 6, 2024

Katseye, the international girl group formed jointly by Geffen and Hybe. Photo Credit: TV Ten Are K-pop fans getting tired of K-pop music? Hybe has revealed rocky Q3 2024 financials, including a nearly 19% Yo... Read More...

Author Dylan Smith