The board of directors of French music company Believe is supporting an offer to take it private at 15 euros ($15.98) per share, with the board’s three independent members unanimously voting in favor of an opinion that the bid is in the interest of minority shareholders, the company announced Friday (April 19). The bid to take Believe private came from a consortium of funds managed by TCV and EQT X, along with Believe chairman/CEO Denis Ladegaillerie. The consortium’s shares, along with shares acquired from TCV Luxco BD S.à r.l., Ventech and XAnge, gave it 79.1% of Believe’s share capital. That left the board’s three independent directors — the others are connected to the consortium — to make a recommendation for the minority shareholders. The independent directors believe the consortium’s bid is “in line with the strategy pursued by management, while benefiting from the support of major shareholders aligned with its development plan and with the ability to support the Company in the next phase of growth and market consolidation,” the company stated Friday. It also noted that minority shareholders are getting the same price offered to shareholders of the majority blocks. Trending on Billboard An independent expert, Ledouble, concluded the consortium’s bid is fair from a financial standpoint and lacks any “ancillary items” that could be damaging to shareholders. Citigroup, hired by the company as a financial advisor, also told the board the share price is financially fair to shareholders. The consortium announced Friday it plans to file its offer “in the coming days.” Its offer of 15 euros per share is 21% above the share price the day before the consortium announced its takeover bid and 38.2% above the average of the last 20 trading days, according to the announcement. Still, the consortium’s bid is below Believe’s IPO price of 19.50 euros ($20.78). No competing bids arrived for Believe, which includes digital distributor TuneCore, record labels such as Groove Attack and Nuclear Blast, and a global infrastructure that provides artists and labels with tools and services. A month after the consortium’s initial offer was made public, Warner Music Group announced its interest in Believe at “at least” 17 euros per share. However, after being given access to a “data room,” according to the release, WMG opted not to make a competing offer. After the consortium takes Believe private, the company “will have all the necessary resources to continue the remarkable growth dynamic that the company has experienced in recent years,” Ladegaillerie said in a statement. “With the active and ongoing support of TCV, which has accompanied Believe since 2014, and the expertise of EQT, I am convinced that we will continue to make Believe the global reference for independent music, while seizing all the growth opportunities offered by the digital transformation of the music market, to put them at the service of creation and creators.”

From Oscar winner to music maker! One of Taylor Swift’s famous friends, Emma Stone, is credited for helping with The Tortured Poets Department track, “Florida!!!,” which features Florence + the Machine, according to People. Explore Explore See latest videos, charts and news See latest videos, charts and news “‘Florida!!!’ is a song I wrote with […]

HipHopWired Featured Video Source: Simon Ackerman / Getty / Kid Cudi Kid Cudi’s pursuit of happiness regarding finding a wife has ended. Spotted on Page Six, Kid Cudi is now engaged. The New York Post’s celebrity gossip section reports the rapper/actor revealed his engagement to menswear designer Lola Abecassis Sartore. The “Day ‘n’ Nite” crafter announced the news in an Instagram post featuring a photo of the couple, writing, “My fiancé Lola and me at the Knuckles premiere.” He continued, “This amazing woman makes me so happy, she is everything to me and im so excited to share this news w u all. Life is wild, and right when I felt my future was uncertain, it became crystal clear with Lola. Happy Cud in full effect.” Satore followed Cudi’s post with her own, sharing the same photo and writing in the caption, “I never thought I could love someone this much! I’m so proud to call you my fiancé, Scott.” She also commended Cudi’s performance in the upcoming Paramount+ series Knuckles, a spinoff from the Sonic The Hedgehog films starring Idris Elba as the popular video game character. “I can’t wait for you all to see this amazing man in the new Knuckles show!” Satore wrote in her post. Cudi hopped in the comment section, responding to his fianceé, “U have me forever.” Awwww, we love to see the couple loving on each other on social media, and so do other celebrities like Amber Rose, Ty Dolla $ign, and Bryan Greenberg, who also sent their well-wishes. Congrats to Cudi and Sartore.

New Music Latin is a compilation of the best new Latin songs and albums recommended by Billboard Latin and Billboard Español editors. Check out this week’s picks below. Explore See latest videos, charts and news See latest videos, charts and news Ryan Castro, COQUE & La Eterna, “El Cantante del Ghetto” (Ryan Castro) [embedded content] In the first single from his upcoming album, Ryan Castro pays tribute to salsa legend Héctor Lavoe, a.k.a. “El Cantante,” with a slow heartbreak salsa titled “El Cantante del Ghetto.” “Loves like yours can’t be bought, they can’t be compared, they can’t be known/ If I gave my all to make this relationship last/ Look me in the face and tell me you don’t know me,” the Colombian reggaetón star sings with pathos over classic salsa instrumentation of brass, strings and percussion. The single arrives just days after the National Recording Registry announced the inclusion of Lavoe’s “El Cantante” to its preserved works. Castro, also known as “El Cantante del Ghetto,” which will also give name to his album, released the song with a 1970s-style music video in which he appears dressed and styled like Lavoe at that time — the white two-piece suit over a red shirt, aviator glasses and all — singing with an orchestra in a nightclub. The single is a preview of what will be his new LP, to be released on May 9, and which, according to a press release, is inspired by the singer’s humble upbringing in the barrio Pedregal in his native Medellín.  Trending on Billboard “Salsa is one of my favorite genres and I always listened to Héctor Lavoe growing up in my barrio Pedregal,” Castro tells Billboard Español. “With this album I wanted to show my essence and that’s why this salsa is part of it. Making this song, paying tribute to a master like Héctor Lavoe, is an honor for me.” — SIGAL RATNER-ARIAS iñigo quintero, “Desconocido” (Acquistic) [embedded content] Last year, Spanish singer-songwriter iñigo quintero found success (that seemed to come out of nowhere) with his 2022 song “Si No Estas,” which topped the Billboard Global Excl. U.S. songs chart (dated Nov. 4). Serving as a followup to his global anthem is a five-song EP, es solo música, which houses “Si No Estas,” and other previously-released singles. It also includes his new track, “Desconocido,” placing all bets once again on his melodic approach to pop ballads with a hooky and explosive chorus that can be easy to remember and harder to get out of your head. — GRISELDA FLORES Tei Shi, Valerie (Tei Shi LLC) Colombian-Canadian singer-songwriter Tei Shi (real name Valerie Teicher Barbosa) returns to her Latin roots with her new self-titled album Valerie. With the 13-track bilingual set, she navigates experiences that marked her life, as in “Falling From Grace” where she channels her emotions after a pregnancy that led to verge of death. Tei Shi rediscovers her artistic and personal essence, facing the challenges of life, love, and her career in an ethereal sound painted on a predominantly R&B, indie and pop canvas, but one that also dabbles in Latin rhythms like bachata. “On Valerie, I’m peeling back the initial layer and exposing my most personal and intimate musings through one of the most confusing periods of my life,” the producer also said in a statement. Other standout tracks on the album include “BAD PREMONITION,” where she explores her comeback as an independent artist, the self-reflective “Valerie,” “MONA LISA,” “¿QUIÉN TE MANDA?” and the bachata “QQ (QUÉDATE QUERIENDOME).” Tei Shi is set to hit the road on her North American tour, which begins May 1 and will visit cities such as New York, Boston and Los Angeles. — LUISA CALLE Ca7riel & Paco Amoroso, Baño María (5020 Records) Buoyed by grit and glitz, Argentina’s Ca7riel and Paco Amorosa transport their uncanny charm to the global dance floor — and steamy hot tubs — with Baño María. Their joint debut album kicks off with “Baby Gangsta,” a dynamic drum and bass number ignited by infectious bass lines. “La Que Puede, Puede” veers into industrial territory with its mechanical, defiant beats, before plunging into an EDM-rich domain (“Llegó Paquito, el que le gusta a tu suegra y a los chavalitos,” Amoroso spits). The pair cozy up for a risqué venture on “Mi Diosa,” while “Dumbai” sparkles with a shimmering production atop a reggaetón rhythm and flirty verses. “What’s distinctive about Baño María is that it’s an album by two friends who have known each other since they were 6 years old, who have been making music all their lives but had never made an album together,” the duo tells Billboard Español. “We left a lot of songs behind to create this great album that is made in the U.S., a place where we had never been, with very spicy producers in a very fun process.” Baño María artfully traverses themes of love, heartbreak, audacity, late-night revelry and societal ironies, creating a bold exploration of youthful debauchery. Bolstered by the supreme production of about a dozen producers (Federico, Vindver, Vibarco, Gino Borro, Sir Nola and more), the duo’s vibrant and glitch-filled electronic tracks oscillate between the frenzy of dance-punk and the allure of kitschy pop. Meanwhile, Ca7riel and Paco Amorosa conjure the exhilaration of a new crush. — ISABELA RAYGOZA Nicky Jam & Trueno, “Cangrinaje” (Sony Music Latin) [embedded content] In a first collaborative effort — finally, after multiple attempts of working together (according to Nicky Jam) — Nicky and Trueno unleash “Cangrinaje.” Produced by Jorge Milliano (real name: Jorge Alberto Erazo), the track is a homage to reggaetón’s vieja escuela beats that became very popular in the early 2000s, especially at the underground party de marquesina (street party). Giving it that ultimate throwback and nostalgic touch is a sample of Nicky’s very own 2002 track “Mi Yal Eres Tú” in collaboration with DJ Playero. “[Trueno] is a rapper whose delivery is very similar to mine when I would do [rap] battles,” the Puerto Rican artist expressed on social media. “He reminds me a lot of a younger version of Nicky Jam. I respect him a lot, and for me, he’s one of the best artists from Argentina. He’s very versatile and can do reggaetón, hip-hop, trap, whatever.” In “Cangrinaje,” Trueno further demonstrates his effortless adaptability between his melodious vocals and fiery rap verses. — JESSICA ROIZ Damian, El Tropical Feeling (Vallenato & Cumbia Edition)(Feel The Power Agency) As a reflection of his contagious Caribbean energy, Colombian singer-songwriter Damian presents his latest musical production, El Tropical Feeling (Vallenato & Cumbia Edition). The album — which the artist describes as a love letter to his native Colombia — includes 10 tracks that blend various tropical rhythms, including vallenato and cumbia, as well as tropical fusions, promising to take listeners on a journey filled with infectious beats and emotive lyrics. Penned and produced by Damian and Luis Ortega, the album includes previous hits such as “El Amor No Es Amor,” “Sabrosura,” and “Me Enamoro.” The focus track “TE ADORO” is a tribute to Colombia, celebrating the beauty of the country’s landscapes, the richness of its culture and the warmth of its hard-working people. — INGRID FAJARDO Listen to more editors’ Latin recommendations in the playlist below:

All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Makeup can be very expensive! If you’re looking to get high-quality beauty products for less, your time is now. Don’t miss out on the Walmart beauty glow-up event happening now through April 28!  Explore Explore See latest videos, charts and news See latest videos, charts and news For those who love beauty products, this is your time to snag the best deals. All items are up to 20 percent off, and you’ll have access to top-notch cosmetics. Here are some beauty must-haves to pamper your mom for Mother’s Day, featuring high-quality products for skincare, beauty, and haircare needs. With these thoughtful gifts, you’ll be sure to put a smile on her face. Trending on Billboard Walmart Revlon 1875W Compact Hair Dryer $9.94 $19.99 50% off If you’re looking for a high-quality blow-dryer set at a winning price, you might want to consider this Revlon Compact Hair Dryer. This versatile option is great for all types of hair, whether wavy, curly, long, or short. It’s lightweight, making it easy to use. You can also personalize the settings to your liking with its two heat and speed settings. Walmart $78.99 $119.00 34% off Are you looking for a 2-in-1 hair-styling product? This flat iron not only serves as a straightener, but also works as a curling wand. With its user-friendly design, this versatile product can help you achieve all types of looks, from straight, wavy, to effortless bouncy curls. It also has an adjustable temperature from 280°F to 430°F, which gives you the ability to choose your preferred temperature suitable for your type of hair. Walmart Bed Head Tourmaline + Ceramic Deep Hair Waver If you’re looking to achieve deep mermaid-like waves, you might want to consider adding this accessory to your cart. It’s great for all hair types, from thick to fine hair. Whether you’re on the go or not, it’s fast and easy to use. All you need to do is start from the roots and work your way down. Walmart Stila Stay All Day Liquid Liner & Huge Mascara Duo Gift Set If you’re a liquid liner and mascara fan, this Stila Stay All Day Duo gift set has you covered with everything you need to help perfect your eye makeup. Its long-lasting, waterproof features help make it easy for you to apply and go about your day. Walmart BareMinerals Original Loose Mineral Powder Foundation SPF 15, 0.28 oz Everyone needs a natural-looking powder foundation, so if you don’t have this in your makeup bag already, be sure to add this one to your cart. This BareMinerals powder foundation is full of clean mineral pigments and includes SPF, so it will not only help you set your makeup, but also help protect your skin.  Walmart Miss Rose 190 Colors Cosmetic Makeup Palette Set Kit $22.99 $25.99 12% off For all the makeup lovers looking for a full makeup kit, the Miss Rose Cosmetic Makeup Palette Kit has everything you need. It includes eyeliner, blush, brow powder, eyeshadow and so much more. You don’t need to be a professional makeup artist to use this set — it’s good for all levels. Fenair Hollywood Vanity Makeup Mirror with Lights Bluetooth Wireless Charging Tabletop Metal White As a makeup lover, owning a vanity mirror is a must. This Fenair Hollywood Vanity Makeup Mirror allows you to connect your phone to it using Bluetooth. If you love listening to music while doing your makeup or hair, this vanity is a great option! You can also adjust the brightness from dim to bright.  Walmart Olay Skincare Regenerist Micro-Sculpting Wrinkle Cream Facial Moisturizer, Fragrance-Free This Olay Regenerist Micro-Sculpting Cream is completely fragrance-free and includes vitamin B3 and hyaluronic acid. Whether you are in search of a moisturizer or not, this is one to have in your bag. B3 helps improve the texture of your skin, reduces inflammation and redness, brightens up dull skin, and so much more. Hyaluronic Acid helps reduce wrinkles and keeps your skin hydrated. Results gradually improve over time, so start incorporating this cream into your routine now. For more product recommendations, click out our must-have beauty list for your spring shopping.