Ahead of its highly publicized rollout of Spatial and Lossless Audio to users on Tuesday, leading up to the launch last month, Apple Music also quietly unveiled a feature that gives record labels their own pages the same way artists get. Apple Music listeners can find pages for major labels …
Read More »Penske Media and MRC Form Data Joint Venture
LOS ANGELES – Leading independent media and entertainment companies MRC and Penske Media Corporation (PMC) announced a new joint venture to bring together their respective data businesses. The newly formed company combines MRC Data (formerly Nielsen Music), Alpha Data and Variety Business Intelligence, with MRC and PMC sharing equal ownership …
Read More »Trump Says He Approves TikTok Deal With Oracle, Walmart
UPDATE (9/19): President Trump said Saturday that he has approved a deal “in concept” that places TikTok in the hands of U.S. companies Oracle and Walmart, which would let the app avoid a U.S. ban. In a statement to Rolling Stone, TikTok said that it is working with Oracle as …
Read More »TikTok CEO Kevin Mayer Resigns Amid Fight with Trump Administration
TikTok CEO Kevin Mayer has stepped down just three months after joining, the company has confirmed to Rolling Stone.Mayer’s resignation comes as TikTok’s future remains uncertain as President Trump has repeatedly explored a potential ban of the Chinese-owned app in the U.S. over alleged national security threats. Mayer announced his …
Read More »Rolling Stone and Music Business Worldwide Enter Comprehensive New Deal
Rolling Stone‘s parent company Penske Media Corporation announced on Monday a strategic investment in Music Business Worldwide — a deal that brings the two publications closer than ever before, adds another heavyweight to PMC’s family of media brands, and further enriches Rolling Stone‘s coverage and analysis of the global music …
Read More »Recording Academy Fires Back at Deborah Dugan as Battle Intensifies
In the latest development in one of the nastiest ongoing fights in the music industry, the Recording Academy has a message for recently ousted CEO Deborah Dugan: Bring it on. Last week, Dugan sent an open letter to the Academy asking for her arbitration clause to be waived, a request …
Read More »Aerosmith Enlist Cheap Trick, Jonas Brothers, Kesha and John Legend for Grammy MusiCares Tribute
Everyone’s Sunday best made an early appearance for Friday night’s MusiCares event at the Los Angeles Convention Center. It didn’t matter if you were a music business attorney or host Russell Brand; your hairspray was extra-strength and your shoes were shining.And since the charity, now in its 30th year as …
Read More »Led Zeppelin's 'Stairway to Heaven' Goes to Court (Again) on Monday
The music business will experience collective déjà vu next week when Led Zeppelin goes back to court facing claims that it ripped off its signature “Stairway to Heaven” from Spirit’s “Taurus.” But this time, the stakes are much higher. Related: Page and Plant Break Their ‘Stairway’ Embargo at 2007 Reunion …
Read More »A K-Pop Concert Movie Is Coming to YouTube
In November, BTS‘s Burn the Stage: The Movie broke global records by being the best-selling film of all time in the event cinema genre, which comprises all live and recorded entertainment on a theater screen, including ballets, operas and sports games. Adding to that victory is that the K-pop boy band’s film …
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