Late last week, a group of music publishers amended their previous lawsuit against Peloton. Peloton is a tech-focused exercise bicycle startup with designs on a $500 million IPO. In the original suit, which was filed in a New York federal court in Marc…
Author archives: Marsha Silva
AEG Presents, Eden Project Initiate Joint Venture In the UK
AEG Presents and Eden Project have partnered to hold future series of Eden Sessions concerts. The JV entity, Eden Sessions, LTD, which will facilitate the shows. Though the performances typically take place in summer, it’s been reported that Eden Sessi…
Billboard Parent Valence Media Lays Off Staff at Spin, Stereogum & Vibe
Billboard parent company Valence Media has made editorial layoffs at Spin, Stereogum, and Vibe. Per an article posted on Billboard, seven employees were let go from the listed magazines’ teams. The article cited a “pivot in business and content strateg…
Radiohead Guitarist Jonny Greenwood Launches a Classical Music Label
Longtime Radiohead guitarist and keyboardist Jonny Greenwood is plunging into the world of classical. The label, called Octatonic Records, will specialize in producing classical music while integrating contemporary sound-control elements. Green said th…
Endeavor Aims to Raise $700MM+ In Its Upcoming IPO
Earlier today, Endeavor Group Holdings, which controls one of Hollywood’s biggest talent agencies, announced the price of its initial public offering (IPO). The company is pricing shares somewhere between $30 and $32. With more than 19 million Class A…
Sony/ATV Signs Rihanna to a Global Publishing Deal — For Past and Future Releases
Sony/ATV Music Publishing has signed Rihanna to a comprehensive global deal that covers both her past songs and her future works. In an email to Digital Music News, Sony/ATV CEO Jon Platt praised Rihanna’s business, philanthropic, and musical achieveme…
‘Leaving Neverland’ Wins Emmy for Outstanding Documentary — Michael Jackson Estate Immediately Responds
Over the weekend, at the 2019 Creative Arts Emmys, the controversial HBO documentary Leaving Neverland won Best Documentary or Nonfiction Special. Not everyone was happy about it. The 4-hour film, which was directed by Dan Reed, featured interviews of…
Sam Smith Announces He’s Non-Binary, Changes Personal Pronouns from ‘He/Him’ to ‘They/Them’
Award-winning singer and songwriter Sam Smith recently announced a change in personal gender pronouns, requesting to be identified by the non-binary “they/them.” The 27-year-old made and explained the announcement with a series of six tweets. Smith exp…
What Bankruptcy? HMV Is Opening a Massive, 25,000 Sq. Ft. ‘Entertainment Store’ In the UK
Venerable British music chain HMV certainly has had its ups and downs in recent years. While HMV has filed for bankruptcy multiple times, including last December, this seemingly has not stopped it from expanding its operations. In February of this year…
‘Two Tickets to Paradise’ Rocker Eddie Money Dies at 70
Just hours ago, rock star Eddie Money passed away. The rock-focused singer-songwriter, who had numerous hit songs during the 1970s and 80s, had previously been diagnosed with stage 4 esophageal cancer. He was 70 years old, and his family says that he d…