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In December, Influence Media Partners, the music investing company backed by BlackRock and the Warner Music Group, joined the growing music industry trend of using asset-backed securitization to finance acquisitions and operations by raising about $360 million through a private placement in a deal lead by Goldman Sachs, sources say.
Besides the Influence Media deal, the waning months of 2024 also saw Concord raising $850 million through its third asset-backed bond offering run by Apollo Global Management in October; while Blackstone led a $1.47 billion securitization for its Hipgnosis Song Asset company. In each deal, the bonds and notes are collateralized by the music assets and income streams of the respective companies. The offerings from Concord and Hipgnosis have public filings with the appropriate regulatory agencies, but the Influence Media offering, as a private placement, does not have to file with the U.S. Securities and Exchange Commission.

As interest rates rise, asset-backed securities (ABS) are expected to become increasingly popular funding vehicles for music companies because they have fixed, five-year interest rates. In the past, Concord CEO Bob Valentine has compared these securitizations to fixed, low-interest-rate loans.

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Influence Media co-managing partner Lynn Hazan, the former CFO for Epic Records, worked with BlackRock executives on the deal, according to sources.

Influence Media, which was founded in 2019, has since bought stakes in some 30 music catalogs, and in early 2022 received additional funding to the tune of $750 million provided by BlackRock and the Warner Music Group. The acquired catalogs include music by Enrique Iglesias, Future, Logic, Julia Michaels, Ali Tamposi, Tainy and Harry Styles collaborator Tyler Johnson. The new funding is expected to be deployed in buying more music catalog assets.

Initially, it looked like the Influence Media Partners asset-backed securities offering was slow in coming together as bond investors looked at the Concord and Hipgnosis offerings, but in the end, the Influence offering — which also had Truist as the co-structuring and co-placement agent — came together nicely for the New York-based music investment company, attracting funding from about a half-dozen investors, sources say.

Billie Eilish, Finneas, Johnny Marr, Pharrell Williams, Timothée Chalamet and Zendaya are among those who will pay tribute to composer Hans Zimmer in Hans Zimmer & Friends: Diamond in the Desert. The film will feature a live performance of some of Zimmer’s most famous scores, including Dune, Gladiator, Interstellar and The Lion King.
Directed by Emmy winner Paul Dugdale, with Jerry Bruckheimer serving as an executive producer, the film offers viewers a glimpse into Zimmer’s creative process. The German composer’s works are brought to life by his band and an orchestra at Dubai’s Coca-Cola Arena, the Al Wasl Plaza dome at Expo City Dubai and other venues.

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The film will feature conversations with, in addition to those named above, Bruckheimer, Sir Christopher Nolan, Denis Villeneuve and Tanya Lapointe.

“The Hans Zimmer Live tour has been one of the most exciting experiences of my career,” Zimmer said in a statement. “Seeing these compositions transform from their big-screen origins to the live show then back to the big screen is a delightful full-circle moment. I hope audiences enjoy this peek behind the curtain as much as we enjoyed making it.”

Hans Zimmer & Friends: Diamond in the Desert will be released in select theaters across the Americas, Europe, Asia and United Arab Emirates, with limited screenings beginning Wednesday, March 19. Theaters in Australasia and other countries in the Middle East will screen the film at a later date. Tickets are on sale from Wednesday, Feb. 5, at 9 a.m. ET on the film’s website.

Zimmer, 67, has won four Grammys and two Oscars. He has received 12 Oscar nominations in scoring categories, across five decades, from the 1980s to the 2020s, winning for The Lion King and Dune.

Eilish paid tribute to Zimmer when she and Finneas won an Oscar for best original song for “No Time to Die” from the film of the same name, which Zimmer scored, calling him “so amazing.” Elton John and Tim Rice also paid tribute to Zimmer when they won Oscars for best original song for “Can You Feel the Love Tonight” from The Lion King. “To Hans Zimmer, who did a wonderful job with the songs,” John said.

Dugdale has won two Primetime Emmys — outstanding directing for a variety special for Adele: One Night Only (CBS) and outstanding variety special (live) as a co-executive producer of Elton John Live: Farewell From Dodger Stadium (Disney+). He was also nominated for outstanding variety special (pre-recorded) as executive producer of Billy Joel: The 100th – Live at Madison Square Garden (CBS).

Dugdale has also received three Grammy nods for best music film for Coldplay’s Live 2012 and Ghost Stories and Adele: One Night Only.

The film, which runs more than 2-1/2 hours, was produced by Simon Fisher, Steven Kofsky, Michael Marto, Omar Saab and John Featherstone. Executive producers are Bruckheimer, Dugdale, Steven Kofsky, Michael Marto, and Omar Saab. Distribution is by Trafalgar Releasing (in all markets excluding the Middle East, where it will be distributed by VOX).

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Source: Genaro Molina / Getty
If we’ve learned anything about 50 Cent over his illustrious career it’s that the man has no qualms about sharing his opinion on everything Hip-Hop related, so when A$AP Relli took the stand against A$AP Rocky in the long-awaited shooting trial of the rapper, y’all should’ve known 50 was going to throw his two cents in on the matter.

On Tuesday (Jan. 28), Relli got on the witness stand and told his side of the story in which he described how A$AP Rocky allegedly shot him during an argument in 2021. While on the stand Relli said Rocky pulled a gun on him and pointed it towards his body saying he was “looking for a spot to shoot.” Telling the court that he told Rocky “If you brought a gun, use it then,” Relli says that had it not been for a man named Elijah standing in between both of the men he didn’t know what would’ve happened.

According to A$AP Relli, Rocky did ultimately use the gun, which led to Relli getting a bullet graze on his hand.

Not one to bite his tongue, 50 Cent shared a clip of Relli’s testimony on his Instagram page and added a caption that read, “Man I hope Rockie alright this fool just want some money,💰 we seen this movie before 🎥it’s a re run, sucker ass 🥷🏾 smh @bransoncognac @lecheminduroi.”
You gotta love how that man will promote his alcohol brand while trolling other people.
Obviously not a fan of Relli dropping dime on Rocky, 50 is publicly backing Pretty Flacko as he fights this case in hopes of clearing his name and moving on with his life.
While Rocky had the chance to do so last week when he was offered a plea deal in the case, the “Riot” rapper rejected the deal and decided to take his chances in a court of law, which could prove to be costly if Relli is able to convince a jury that Rocky pulled the trigger.
During his testimony, Relli went on to say that his relationship with Rocky was broken at the time of the incident and that the meeting between the two was meant to be a settling of differences before things went left once they came face-to-face. For his part, A$AP Rocky is claiming that what he used to scare Relli was a prop gun that shot blanks, but has also stated that the gun has since been discarded.

We’re not sure how this is going to end for A$AP Rocky, but if he’s convicted of the allegation he faces up to 24 years in prison. If he rejected a plea deal in this matter he must be hella confident in his chances.
Check out A$AP Relli’s testimony below and let us know your thoughts on the matter in the comments section.

A crew of marquee artists will play in support of Anyma during the artist’s final dates at Sphere in Las Vegas in February and March. On Wednesday (Jan. 29), the venue announced that Bosnian German favorite Solomun and American producer Layla Benitez will open on Feb. 27, South Korean phenom Peggy Gou and German mainstay […]

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President Donald Trump took to the campaign trail and touted his ability to make sweeping economic changes, including lowering the prices of eggs. President Donald Trump’s claims of lowering egg prices have yet to bear fruit and now, his press secretary is shifting the blame to President Joe Biden instead of examining pathways to help consumers.
Press secretary Karoline Leavitt hosted the first press conference at the White House for the Trump administration, using stern talking points that echo much of the bravado of the president and his team. Leavitt, choosing to sidestep facts that egg prices continued to rise after Trump took office, instead took a shot at the Biden administration citing their handling of the issue.

“The Biden administration and the Department of Agriculture directed the mass killing of more than 100 million chickens, which has led to a lack of chicken supply in this country. Therefore, lack of egg supply, which is leading to the shortage,” Leavitt said while choosing to not point to more accurate accounts that bird flu impacted prices on eggs and poultry products in 2022.
Among the many campaign promises from Trump, his pledge to lower prices on day one of his administration was unceremoniously unmet. As seen in an Associated Press report, the spread of bird flu has promoted the slaughter of millions of chickens per month to contain the spread and more than doubling prices since 2023. The average price per carton last month was $4.15, which is still lower than the record of $4.82 set two years prior.
Video of the press briefing courtesy of Forbes Breaking News.


Photo: Getty

Lady Gaga has some hard-earned wisdom to pass down to the younger pop stars who are following in her footsteps. In a new cover story interview with Elle published Tusday (Jan. 28), the 13-time Grammy winner gave her two cents on artists such as Chappell Roan, Sabrina Carpenter and Charli XCX rapidly reaching superstar status […]

Post Malone is headed to New Orleans. As announced Wednesday (Jan. 29), the superstar is set to perform at the official Super Bowl Tailgate hosted this year by YouTube, taking the stage in Louisiana just before the Kansas City Chiefs take on the Philadelphia Eagles Feb. 9. Set to take place at 4 p.m. ET […]

The Contenders is a midweek column that looks at artists aiming for the top of the Billboard charts, and the strategies behind their efforts. This week, for the upcoming Billboard 200 albums chart dated Feb. 8, we look at a bunch of new albums, led by the sequel set from one of last year’s greatest chart breakthrough stories. 

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Teddy Swims, I’ve Tried Everything But Therapy (Pt. 2) (SWIMS Int./Warner): Few artists enjoyed a mainstream breakout in 2024 like Teddy Swims, whose megaballad “Lose Control” not only topped the 2024 year-end Billboard Hot 100 after first reaching the chart in late 2023, but which still ranks in the listing’s top 10 this week. That song came from Swims’ debut album I’ve Tried Everything but Therapy (Pt. 1), which reached No. 17 on the Billboard 200 and spawned a second hit in the more uptempo No. 26-peaking “The Door.”  

Now, the big-voiced Georgia singer-songwriter is back with that set’s follow-up, logically titled I’ve Tried Everything but Therapy (Pt. 2). The new album is available in eight vinyl variants, including one signed by Swims, as well as standard and signed CD editions, and a standard digital download. The set also features two more chart hits in “Bad Dreams” (No. 57) and Giveon collab “Are You Even Real” (No. 59), with Swims performing the latter on The Tonight Show Starring Jimmy Fallon Jan. 23, just before the album’s release. 

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Bad Bunny, Debí Tirar Más Fotos (Rimas): Speaking of Fallon: His recent co-host Bad Bunny should provide the biggest challenge to Swims scoring his first No. 1 on the Billboard 200 next week. Debí Tirar Más Fotos climbed to the chart’s apex — after debuting at No. 2 in an incomplete debut tracking week — and moved a fairly staggering 203,500 units in its second frame, as the critically acclaimed album continued to catch fire on streaming through word of mouth and through a handful of viral hits, most notably quasi-title track “DtMF,” which shot to No. 2 on the Hot 100.  

This week, the set has cooled down a little from its blazing start, but remains a major force across streaming – claiming six of the top 25 spots on Apple Music’s real time chart and five of the top 25 on Spotify’s Daily Top Songs USA, including “DtMF” still reigning at No. 1. No tracks from the Swims set are currently even in the top 50 on either chart, which means it will have to sell a tremendous number of physical copies to threaten Bad Bunny’s blockbuster on next week’s chart – a big ask for such a still relatively new artist.  

Kane Brown, The High Road (RCA Nashville): A longer-established hitmaker with a new set this week is country star Kane Brown, who has hit the Billboard 200’s top five with each of his top three albums, including 2018s’ chart-topping Experiment. His new set The High Road – not to be confused with recent “High Road” country hits by Zach Bryan and Koe Wetzel & Jessie Murph – features 18 tracks, including already-minted hits “Miles on It” (with EDM star Marshmello) and the Phil Collins-interpolating “I Can Feel It.” The album is available in nine vinyl variants (including signed editions), as well as three d2c-only digital album variants with different cover art, and at leat four CD variants, also including signed editions.  

IN THE MIX 

Central Cee, Can’t Rush Greatness (CC4L/Columbia): U.K. MC Central Cee has been one of the globe’s hottest rappers for most of the 2020s album, but is only now releasing debut album Can’t Rush Greatness – hence the title. The 17-track set features U.S. rap stars 21 Savage, Lil Durk and Lil Baby, the latter on last year’s top 20 Hot 100 hit “BAND4BAND.” The album should stream well, and has already caused a minor internet fury with its track “5 Star” — which contained rhymes perceived as a diss towards fellow U.K. hip-hop hitmaker Aitch, who responded the same day of its release with his own “A Guy Called?” 

FKA twigs, Eusexua (Young/Altantic): Wildly acclaimed for over a decade now, U.K. electro-soul singer-songwriter FKA twigs is back this week with the much-anticipated Eusexua, her first LP since 2022’s Caprisongs. The album is available in six vinyl variants, signed and unsigned CDs, cassette and two digital download variants, one a d2c exclusive with a bonus track. Twigs definitely hasn’t lost her fastball as a critics’ darling, as Eusexua is already one of the year’s strongest-reviewed sets, including a rare 9.1 rating from Pitchfork.

As of January, Warner Music Group (WMG) executive vp/general counsel Paul Robinson has worked in the legal department of the company for 30 years. During that time, he has seen “three different owners, seven CEOs and we’ve gone private and public two different times,” he says. “There also have been all of these macro changes in the music business” — which is something of an understatement. What hasn’t changed much, he says, is the culture of the company: “It’s always been an artist- friendly, songwriter-friendly culture, and we’ve always had a great relationship between recorded music and publishing.” 
Robinson was slated to receive the 2025 Entertainment Law Initiative Service Award on Jan. 31 at the organization’s annual Grammy Week luncheon at the Beverly Wilshire Hotel. But since the event was canceled in the wake of the Los Angeles wildfires, he will receive the honor at next year’s gathering. 

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Robinson started at WMG in 1995 after working at Mayer Katz Baker Leibowitz, which at the time did a significant amount of the label group’s legal work. Robinson got the top job in 2006 and helped steer the company through the worst years of the music business, to its 2013 acquisition of Parlophone Label Group from Universal Music Group, and into the streaming-led recovery and a successful 2020 initial public offering. 

Like the rest of the industry, WMG is now at a point where streaming growth in developed markets is slowing and the challenges of artificial intelligence (AI) loom — and in a way that will especially test it as the smallest of the three majors. Which is why, Robinson says, “From my point of view, it’s important to be perceived as, and to be, the most artist-friendly, songwriter-friendly company” — a message that WMG sent by being the first major to adopt artist-friendly policies on “digital breakage” in 2009 and on sharing gains from equity sales, such as with Spotify in 2016. “Jac Holzman, when he started Elektra, used to have this love-and-affection clause in his contracts that said the label will treat artists with love and affection and the artist will treat the label with a modicum of respect,” Robinson recalls. “And it’s great because it brings to mind the imbalance: Artists will not always love their labels, but we always have to love them and we hope that they at least respect us.” 

Your father is Irwin Robinson, the prominent publishing executive who ran Chappell/Intersong and then EMI Music Publishing. Did you purposefully decide to follow him into the same business?

That was how it ended up, but they say there are no accidents. In some ways, I was afraid to go into the music business. There were huge shoes for me to step into. I thought I wanted to be a doctor, and then I worked at a hospital one summer and I decided, “Maybe I don’t want to be a doctor.” I was a huge music fan as well as a singer, and I thought, “I’ll just go to law school and see what happens.” Maybe I was avoiding it. 

Robinson’s father gave him this 1956 letter from legendary songwriter-composer Cole Porter to his lawyer, John Wharton, at Paul Weiss Rifkind Wharton & Garrison. “I like it because in a single letter, he talks about the relatively important issue of assigning his renewal rights to Chappell and the relatively unimportant issue of a songbook being able to stay on a piano rack,” he says. “God is in the details.”

Krista Schlueter

Billboard can reveal that you were the singer in a new wave band. 

I was one of the singers. We were called The Doctors. The musicians in the band all wore scrubs, and we were the hit of Williams College campus for a year. In fact, they asked The Doctors to play at my college reunion and we’re doing it. 

You’re one of the few people who has been in the same department at the same company since the Napster era. Any lessons from then on how the industry should deal with AI? 

Probably to lean into change. Maybe there were people in 1999 at Warner Music Group who saw peer-to-peer coming, but I feel like we were caught very much off guard, and I don’t think that’s been the case with AI. Also, with peer-to-peer, there wasn’t a great deal around until iTunes in 2003, so we’re also in a better place that way. There are services we can strike deals with now. 

What are the best- and worst-case scenarios for the industry for generative AI?

[That’s] probably less of a general counsel question than [one for] business development, but I think the worst-case scenario is that somehow it’s determined that you don’t need permission to train an AI model and the market is flooded with a huge volume of content that dilutes legitimate music, in the same way services are flooded now with music that very few people listen to — but in turbo. The best case is that AI becomes an incredible tool for artists and songwriters and lets them up their game and release content in languages they don’t speak. 

“This is a 1994 photo from my wedding of
my then-partners from Mayer Katz Baker Leibowitz & Roberts and their wives,” he says. “WMG was Mayer Katz’s biggest client.”

Krista Schlueter

The streaming model seems to be evolving. There’s talk of  “Streaming 2.0.” What kind of terms are you looking for now in streaming deals? 

Trying to lock in per-subscriber minimums and reduce discounts for family plans and so on. That’s where we are focused.

When you started in the music business, there were six major labels. Now there are three. Does that change the nature of competition? 

Even though there are only three majors, it feels like it’s never been more competitive. All you have to do is look at the change in artist deals over time. 

I’m assuming you mean that deals now favor artists? Is it harder to invest in them under these circumstances? 

No. Every year, our A&R spend increases. When I started, we were getting eight-album deals, but we were signing artists where, because there was no internet, their following was probably their hometown and they needed a huge amount of development. Today, we hardly ever sign an artist that doesn’t have a significant social media presence, and those artists don’t need as much development. 

“Believe it or not,” Robinson says, he has had the same office chair for 30 years. “It definitely looks like a chair from 1995, but I just can’t seem to let go of it.”

Krista Schlueter

Now you also compete with distribution deals. 

From an artist’s point of view, there’s a trade-off. In a distribution deal, you’re getting a bigger piece of the pie, but you’re getting less development and it’s a shorter-term relationship, so there’s probably not going to be as much investment. If you sign a frontline label deal, you’re committing to more albums and you’re getting a smaller piece of the pie, but you are getting a whole team of people behind you to develop your career. The great thing is that artists have more choice than ever. 

How do you make sure artist contracts feel like win-win deals?

Deals get renegotiated all the time if they’re out of sync. If there’s an artist with a small record deal that has tremendous success, the economics of their next albums are going to look different. We’re in the personal services business and we’re in the relationship business. We want to maintain the best relationships with artists and songwriters. 

Is there a deal you did that you’re especially proud of? 

When we bought Parlophone Label Group, that was a huge regulatory fight, and I would say it was a win-win. UMG had to sell Parlophone, we were the best buyer, and they were looking for a good price, which today looks like a really low price. We paid about $800 million, probably about a seven-and-a-half times multiple, which at the time was huge. We were much more U.S. weighted in our revenue, and we bought a bunch of European assets. So it rebalanced us in terms of geography, and we acquired great repertoire and some great artists.

What has been some of the most memorable litigation that you have overseen? The case in which Led Zeppelin was sued for copyright infringement by a trustee for the estate of Spirit frontman Randy Wolfe comes to mind.

The exciting thing about the Zeppelin case was not only winning, after having been dealt a bunch of blows — we won in trial court and we were reversed — but changing the trajectory of copyright infringement litigation. It was a beat-back of what was, I think, the bad law of the “Blurred Lines” case.

Robinson never met Prince, but he is such a big fan that two people gave him signed limited-edition lithographs of the New Yorker cover commemorating the artist’s death. “He was an incredibly distinctive artist. For his first album, Warner Records let him do everything. They basically said, ‘Go in the studio and do it.’ That didn’t happen much in 1977.”

Krista Schlueter

This story appears in the Jan. 25, 2025 issue of Billboard.

Mexican music juggernauts Peso Pluma and Tito Double P are set to be honored with the BMI Champion Award and the BMI Impact Award, respectively, at the 2025 BMI Latin Awards, taking place March 6 at the Fontainebleau Coastal Convention Center in Miami Beach, Fla. The private event will be hosted by BMI president/CEO Mike O’Neill and BMI’s vp of creative, Latin, Jesús González. 

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The special accolade will honor Peso’s rapid ascent to global fame and the significant impact he has had in bringing Mexican music to the mainstream. “Peso Pluma’s extraordinary success has not only reshaped the landscape of música mexicana but also propelled it onto the global stage,” said Jesús González, in a press release. “His innovative sound and undeniable influence have opened new doors for Latin music.”

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Furthermore, Peso’s quickly ascending collaborator and cousin, Tito, who has become a star in his own right, will be recognized for his contributions to Peso’s success and for establishing himself as one of the genre’s hottest new talents. “We are excited to celebrate [Peso’s] success alongside Tito Double P, whose dedication and talent have played a key role in Peso Pluma’s journey, while also marking the beginning of his own impressive career,” adds González. “We also look forward to honoring our BMI Familia of exceptional songwriters, producers and publishers behind the most-performed Latin songs of the past year during the ceremony.”

During the event, BMI will acknowledge the songwriters and publishers of the most-performed Latin songs in the U.S. over the past year. Awards such as the BMI regional mexican song, songwriter, and publisher of the year, as well as the BMI contemporary Latin song, songwriter, and publisher of the year, will be presented during the ceremony.

As the 2025 BMI Champion Award recipient, Peso Pluma joins a distinguished list of past honorees, including SZA, Khalid, Residente, Sebastian Krys, Inflo, Mark Ronson, Keith Urban and others. Meanwhile, Tito Double P joins Edgar Barrera, Ice Spice, Arlo Parks, RAYE, P2J and Tems, among others, in receiving the BMI Impact Award.