For a brief moment, Tencent Music Entertainment’s shares had made new billionaires. Following Tencent Music’s IPO, the Chinese streaming music giant’s stock has remained relatively volatile. Despite opening at $13 per share, the company’s stock quickly…
Author archives: Daniel Sanchez
Leaving Neverland Exposé Leaves Audiences ‘Shellshocked’ and Michael Jackson Family ‘Furious’
Despite shocking audiences, people at Sundance just can’t get enough of Michael Jackson. Several weeks ago, the Sundance Film Festival announced a last-minute addition. Leaving Neverland would make its world premiere, centering around sexual abuse alle…
Court Subpoenas Will Soon Be Issued to Kendall Jenner, Bella Hadid, Hailey Bieber, Other Fyre Festival Influencers
The fallout over the failed Fyre Festival continues to grow, this time targeting paid social media influencers. Two years ago, to promote the Fyre Festival, Billy McFarland, the now-disgraced convicted felon, had paid millions to social media influence…
Kanye West Sues Sony and Universal to Claw Back Rights to His Works
Will Kanye West succeed in getting his publishing and recording catalogs back? Typically, artists can’t ‘buy back’ their publishing catalog whenever they want. And simply suing a label doesn’t mean a massive, multi-national corporation is going to han…
Bohemian Rhapsody Loses a Prestigious Nomination Over Underage Sex Assault Charges
Has the fallout just begun for Bohemian Rhapsody and director Bryan Singer? Earlier this week, The Atlantic published a damning article against Bohemian Rhapsody director Bryan Singer. Four men accused Singer of inappropriate sexual contact; the allege…
Chris Brown Files a Criminal Complaint Against the Woman Who Accused Him of Rape
Chris Brown wants to shut down sexual abuse claims. Earlier this week, authorities in France arrested Chris Brown. Detained for two days, a 24-year-old woman had accused the singer of aggravated rape. Parisian authorities were also investigating the s…
Nas & Universal Music Group Are Big Winners in Pluto TV’s $340 Million Acquisition
Nas and Universal Music Group have received a serious return for their investment in Pluto TV. Several years ago, Nas and Universal Music Group (UMG) invested in Pluto TV, then a startup company. Pluto has since grown into an ad-funded platform. The c…
Spirit Music Group Loses Its CEO as Two Executives Successfully Complete Recapitalization
Two music executives have successfully led a buyout and recapitalization of Spirit Music Group. Spirit Music Group, an independent music publisher, has announced a recapitalization led by its Chief Operating Officer, Jon Singer. The publisher is now wh…
MelodyVR Signs Content Creation and Distribution Deal with AWAL
MelodyVR continues to sign major deals. Two years ago, MelodyVR, a virtual reality firm, signed major licensing deals with Warner/Chappell, Sony, Universal, and Roc Nation. The firm had also announced it successfully raised $19 million in funding. The…
Confirming Underage Intimate Video Extortion Plot, Ozuna States He ‘Made a Mistake’
Did Kevin Fret attempt to scam Ozuna weeks before his own murder? Puerto Rican singer Ozuna has confirmed he made a ‘mistake’ as a teen. The reggaeton and Latin trap singer – real name Juan Carlos Ozuna Rosado – had fallen victim to a blackmail scheme….