On the latest Billboard 200 albums chart (dated Jan. 26), A Boogie Wit da Hoodie’s Hoodie SZN held at No. 1 for a second week (earning 56,000 equivalent album units in the week ending Jan. 17, according to Nielsen Music), while not a single album debuted in the top 40 for the third straight week in a row. The Billboard 200…
Sony/ATV Signs Worldwide Publishing Deal With Josh Osborne
Sony/ATV Nashville has signed Josh Osborne to a worldwide publishing deal, the company announced on Wednesday (Jan. 9). “Seldom does a publisher get the opportunity to acquire such a hit-driven catalog and futures deal with a songwriter of Josh’s stature,” said Troy Tomlinson, Sony/ATV Nashville President/CEO, in a statement. “An added bonus is that Josh will maintain the…
iHeartMedia’s Bankruptcy Plan Approved
iHeartMedia has received necessary approval for its Chapter 11 bankruptcy plan, which will cut its debt load and spin off its outdoor advertising business. The company expects to complete its restructuring process in the first half of the year. iHeartMedia Chairman and CEO Bob Pittman and President, Chief Operating Officer and Chief Financial Officer Rich Bressler have extended their…
Music Canada Live Becomes The Canadian Live Music Association
The Canadian non-profit Music Canada Live is taking on a new name and separate identity, The Canadian Live Music Association, it announced Friday (Jan. 11). The rebrand comes after considerable support to get off the ground by Music Canada, the non-profit trade and lobby group representing the major labels and associate indie companies and interests…
PIAS’ Revenue Grew 18 Percent to $45.8M in 2017
European independent powerhouse PIAS enjoyed strong growth in both digital and physical revenues in 2017, according to the to the company’s latest set of financial results. A Companies House filing for the year ending Dec. 31, 2017, reports that turnover at PIAS Holding (UK) Limited climbed to £35.5 million ($45.8 million at a historical conversion…
SiriusXM CFO David Frear on iHeartMedia Speculation: ‘You Never Say Never’
SiriusXM finance chief David Frearon Wednesday poured water on media speculation that the satellite radio company’s parent Liberty Media will increase its investment in iHeartMedia, at least for now. “You never say never. But there will come a day with the combined SiriusXM and Pandora when the multiple starts to contract as the business matures, and…
