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K-pop companies SM Entertainment and HYBE were among the best-performing music stocks of the week as most stocks were dragged down by continued uncertainty about U.S. tariff policy and new data on higher-than-expected inflation.
SM Entertainment, home to NCT Dream and RIIZE, was the week’s best performer after gaining 6.7% to 107,000 KRW ($72.91). That brought the company’s year-to-date gain to 47.4% — the best of any music stock.
HYBE, which counts BTS and its solo members’ projects among its vast roster, improved 3.7% to 240,500 KRW ($163.87). On Thursday (March 27), HYBE announced that BTS songs such as “Dynamite” and “Butter” will be featured on Lullaby Renditions of BTS, out April 4 on Rockabye Baby! Music. HYBE shares are up 19.7% year to date, the fifth-best among music stocks.
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K-pop fared well during a down week for most stocks and markets in general. YG Entertainment, home of BLACKPINK and BABYMONSTER, rose 3.3% to 63,500 KRW ($43.27) while JYP Entertainment was unchanged at 61,300 KRW ($41.77).
Outside of South Korea, music stocks reflected the challenging economic conditions and uncertainties that have hurt stocks in recent weeks. The 20-company Billboard Global Music Index (BGMI) declined 2.9% to 2,459.98, marking its fourth decline in the last six weeks. With just eight of its 20 stocks finishing the week in the black, the BGMI fell into correction territory as its value has declined 10.7% since the week ended Feb. 14. The first six weeks of 2025 were good enough to overcome the recent slump, however, and the BGMI is up 15.8% year to date and has gained 40.4% over the last 52 weeks.
Stocks took another hit on Friday (March 28) after the core personal consumption expenditures price index, a measure closely watched by the U.S. Federal Reserve, increased 0.4% in February. That put the 12-month inflation rate at 2.8%. Both figures were above experts’ expectations. The tech-heavy Nasdaq composite finished the week down 2.6%, increasing its year-to-date decline to 11.7%, while the S&P 500 fell 1.5%. In the U.K., the FTSE 100 increased 0.1%. South Korea’s KOSPI composite index fell 3.2%. China’s SSE Composite Index dropped 0.4%.
The BGMI was pulled down by Spotify’s 6.5% decline and a 4.2% drop by German concert promoter CTS Eventim. Warner Music Group, one of the index’s largest companies, dropped 2.7% to $31.56.
Tencent Music Entertainment (TME) gained 2.7% to $14.38 after Deutsche Bank upgraded its rating on TME shares to buy from hold. Universal Music Group rose 2.0% to 25.99 euros ($28.12) after Wells Fargo upped the rating on the company’s shares to overweight from equal weight and increased the price target to 33 euros ($35.70) from 28 euros ($30.29).
Music streaming company LiveOne had the week’s biggest decline at 14.1%. The company announced on Wednesday (March 26) that subscribers and ad-supported users surpassed 1.4 million.
Radio company iHeartMedia fell 6.8%, putting its year-to-date loss at 23.0%. Satellite broadcaster SiriusXM dropped 3.1% to $22.75, though it’s still up 1.7% in 2025.
GIVĒON, whose latest single “Twenties” reached No. 6 on Hot R&B Songs, celebrated another momentous milestone last night (March 27): the five-year anniversary of his debut EP Take Time. Released on March 27, 2020, the eight-track project features the seven-time Grammy nominee’s two breakthrough singles, “Like I Want You” and “Heartbreak Anniversary.” Both are now RIAA-certified at 3x and 6x platinum, respectively,
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Celebrating with GIVĒON inside the Los Angeles club Living Room were members of his Epic Records team, headed by chairwoman/CEO Sylvia Rhone, president Ezekiel Lewis and general manager Rick Sackheim. Also spotted at the intimate gathering were Grammy-winning songwriter-producer Jimmy Jam, fellow R&B singer Amerie and actress/producer Lena Waithe.
Nominated for best R&B album at the 2021 Grammy Awards, Take Time was followed by GIVĒON’s top 10 R&B album When It’s All Said and Done in October 2020 and his guest turn on Justin Bieber’s 2021 multiplatinum smash “Peaches.” Now the singer-songwriter is at work on his sophomore set, which will include current hit “Twenties.” The Long Beach, Calif. native has also scored a second top 10 this year with his feature on Teddy Swims’ Hot R&B Songs No. 4 hit “Are You Even Real.”
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Giveon
Sam Balban
A couple of days prior to his Take Time celebration, Billboard caught up with GIVĒON during a phone interview. Here are a few soundbites from that conversation.
Who he was as an artist five years ago: When I wrote the songs for Take Time, I was only 23-24. But I was also very confident in myself, especially for someone who hadn’t released a body of work on a major label. That’s because I knew this EP was my life’s work at the time. It took 24 years to make because it was all of my life experiences wrapped up into one unique project.
Who he is as an artist now: I feel a lot more aware when it comes to my process and what I need to do to grow at all times. I never want to become stagnant with my creative process I’ll also say I’m more polished, more professional; I just understand things more. And I’m a lot more decisive: I don’t really waste too much time when I’m creating. I just get right down to it, saying, “This is exactly what it is that I want to say.”
What he’s been doing between albums: I get that question a lot [laughs]. I always tell people that I’ve just been absorbing bodies of work that inspire me. Not just music but multiple mediums like paintings films, life itself. Because there’s a lot of inspiration that comes from life and all of my music is autobiographical. So I don’t have a choice but to experience life and then write it out while working on my craft.
Jimmy Jam and Amerie
Jerritt Clark/Getty Images
Tapping into the aching and yearning that music: I grew up in a house with all boys, so there wasn’t a lot of expressing emotions. So this [music] has always been an outlet to express my emotions. Sometimes the story I’m telling comes off more on the somber or melancholy side because it’s something I’m not comfortable in freely telling people. But I’m a lot more than just that emotion [laughs]. My biggest goal is always to just be believable and honest.
The inspiration behind “Twenties”: I love to just keep it vague so people can leave it up to their own interpretation and apply it to whatever it specifically means in their life. But I will say it’s just trying to capture that feeling of wasting time on something. It could be a person, it could be a place, it could be an idea or a career. For me, it was a specific person in a relationship. But, yeah, I was just trying to capture the emotion of feeling like you spent time on something or somewhere that you can’t get back.
Hints about his sophomore album: Just that I’m excited for people to hear it. With my first album, I was just making music and having fun. Now I’m still having. But I’m also like, “Oh, I have a responsibility with this music because I see how it touches and helps people.”
Giveon and Lena Waithe
Sam Balban
Billboard Women in Music 2025 takes place Saturday, March 29, and Billboard’s staff is breaking down each of the honorees’ successes that earned them their awards, from JENNIE receiving the Global Force Award to Doechii being named Woman of the Year, to Gracie Abrams being honored as Songwriter of the Year, and more! Who are […]
The Breakfast Club co-hosts Jess Hilarious and Loren LoRosa addressed their recent drama in the best way possible — by joking about it. Earlier today, they posted a parody music video of Monica & Brandy‘s hit song “The Boy is Mine” and called it, “The Job is Mine.” And while they can’t sing as good […]
Ariana Grande dropped ‘Eternal Sunshine: Brighter Days Ahead’ deluxe accompanied with a heartfelt short film, and Selena Gomez released an album with fiance Benny Blanco, ‘I Said I Love You First.’ Keep watching for the breakdown of their newest releases! What’re your thoughts on ‘Brighter Days Ahead’ & ‘I Said I Love You First?’ Let […]
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Source: Carol Lee Rose / Getty / Marvin Sapp
One of Marvin Sapp’s sermons has set social media ablaze and has begun a dialogue about the Black church.
A video of Marvin Sapp’s “holy hustling” for Jesus has gone viral on X, formerly Twitter. In the clip, which Sapp admits is over a year old, the popular pastor asks his congregation to help him reach a goal of $40,000.
In one part of the clip, Sapp asks the ushers to close the door to keep the congregation from leaving.
“We all gon’ leave together,” Sapp said. “Y’all ain’t going no place but to the restaurant.”
Sapp further explained that if the 1,000 people in the pews and the 1,000 people watching online gave $20, which he called a “small seed,” it would add up to $40,000.
“I’m challenging each of you all down here to give a $20 seed,” Sapp told his flock.
He jokingly added that $20 would cover a movie date, popcorn, and drink when his wife, MaLinda P. Sapp, was still alive.
Sapp then asked his clergy members to give $100 while the congregation dug in their wallets and purses looking for a $20. “It costs to sit up here,” Sapp said.
While the mass donations continued, Sapp hushed the crowd and said, “Giving is worship.”
“This ain’t a time to talk,” Sapp said as he continued encouraging worshippers in the building and viewers online to keep the donations coming, describing them as “an easy miracle.”
Marvin Sapp Issues A Statement On The Clip
Word about Sapp’s video going viral definitely reached the pastor, who posted a lengthy statement on Facebook. He explained that the clip was a year old, added that he “gave much more,” and pointed out that the clip was shared out of context.
Per Sapp’s Facebook post:
Recently, a clip has gone viral of me challenging 2,000 individuals(virtually and in person) to plant a seed of $20 during an international gathering held at a convention center, with over 4,000 people in attendance that evening plus virtual viewers. In that same moment, I also challenged leadership to lead by example by sowing $100. That evening, I personally gave much more.
Some have taken issue with a particular moment when I instructed the ushers, rather firmly, to close the doors during the offering. To those unfamiliar with the church context or who may not regularly attend worship gatherings this has been misinterpreted as holding people hostage as well as offensive. That was never my intent.
The truth is, when finances are being received in any worship gathering, it is one of the most vulnerable and exposed times for both the finance and security teams. Movement during this sacred exchange can be distracting and, at times, even risky. My directive was not about control it was about creating a safe, focused, and reverent environment for those choosing to give, and for those handling the resources.
Unfortunately, in this social media age, snippets are easily shared without context, and assumptions are quickly made without understanding the full picture. Conferences have budgets. Churches have budgets. And people have budgets. As the assigned ministerial gift for this international gathering, one of my responsibilities was to help raise the conference budget. That’s not manipulation, it’s stewardship.
Social Media Has Plenty of Thoughts On The Clip
Regardless, those on X, formerly Twitter, did not feel the moment in the clip and used it to post their hesitations about the Black Church.
“Marvin Sapp is clearly HUSTLING his congregation for 40k— and using God’s name to do it. he’s calling for the doors to be locked? that’s not faith, that’s a shakedown and a false prophet. someone had a bill to pay, and it wasn’t to the church,” one post on X read.
Another user added, “Some churches ARE cults. Would’ve had to beat Marvin Sapp’s big ass and hide the bible if God watching.”
Lol, well damn.
Sapp might be right about clips being taken out of context, but he can’t ignore people’s legitimate beef regarding churches and how they ask for money. That video was cringe-worthy; we’re just saying.
You can see more reactions in the gallery below.
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Source: R1 Digital / R1
GloRilla & Friends, Offset, Bossman Dlow and More Announced as First Wave of Birthday Bash ATL Artists
[Atlanta, GA–March 28, 2025] Atlanta’s premier Hip Hop station, HOT107.9, announced the first wave of artists for the most highly anticipated music event of the summer, Birthday Bash ATL2025, June 21st at State Farm Arena.
Grammy-nominated musician and award-winning hip-hop artist GloRilla will headline Birthday Bash ATL 2025. GloRilla has been savoring the success of her summer takeover, considering her three hit songs – “TGIF,” “Yeah Glo!” and “Wanna Be” (featuring Megan Thee Stallion). Each song spent time on the Top-40 of the Billboard Hot 100. At one point, all three songs charted simultaneously in the Top 40, resulting in GloRilla becoming the first female hip-hop artist to achieve the feat in 2024.
Earlier this year, she released her latest mixtape, “Ehhthang Ehhthang”, which generated over 550 million streams in the U.S. to date. “Yeah Glo!” subsequently evolved into a massive hit, emerging as the longest-charting Billboard Hot 100 hit of Glorilla’s career and serving as her third career No. 1 on Billboard’s Mainstream R&B/Hip-Hop Airplay chart, after “F.N.F.” and “Tomorrow 2.”
Birthday Bash ATL 2025 also welcomes Offset, Bossman Dlow, Kash Doll, Real Boston Richie, Big Boogie and AMG Twinz to the preeminent concert of the summer. As anticipation grows, additional Birthday Bash ATL artists will be announced in the coming weeks.
Birthday Bash ATL 2025 tickets are on sale now at www.Ticketmaster.com. For up-to-date information, visit www.BirthdayBashATL.com or www.HotSpotATL.com. Follow us on Twitter and Instagram @Hot1079ATL, and of course, listen to WHTA HOT 107.9-FM.
Birthday Bash ATL 2025 EVENT DETAILS:
Saturday, June 21, 2025 at State Farm Arena
Gates Open: 6:00pm – Showtime: 7:00pm – 11:00pm
ABOUT URBAN ONE, INC.
UrbanOne, Inc. [NASDAQ: UONE and UONEK, www.urban1.com], together with its subsidiaries, is the largest diversified media company that primarily targets African-American and urban consumers in the United States. Urban One is the parent company of Radio One, Reach Media, Inc. (blackamericaweb.com), TVOne (tvone.tv), CLEOTV (mycleo.tv), iOneDigital (ionedigital.com) and OneSolution. Formerly known as Radio One, Inc., the company was founded in 1980 with a single radio station and now owns and/or operates 60 broadcast stations (including HD and low-power television stations) in 14 urban markets in the United States, making it one of the nation’s largest radio broadcasting companies. The Company’s growth led to diversification into syndicated radio programming, cable television and online digital media. As a result, in 2017, Radio One, Inc. was renamed Urban One, Inc. to better reflect the Company’s multi-media operations. While the Company was renamed Urban One, Radio One remains the brand of the radio division and all of its radio assets. Through Reach Media, Inc., the Company operates nationally syndicated radio programming, including the Rickey Smiley Morning Show, the Russ Parr Morning Show, and the DL Hughley Show.TV One is a national cable television network serving more than 59 million households, offering a broad range of original programming, classic series, and movies designed to entertain, inform, and inspire a diverse audience of adult Black viewers. Launched in January 2019, CLEO TV, is a lifestyle and entertainment cable television network targeting Millennial and Gen X women of color. iOne Digital is a collection of digital platforms providing the African American community with social, news and entertainment content across numerous branded websites, including Cassius, Bossip, HipHopWired, and MadameNoire branded websites. One Solution provides award-winning, fully integrated advertising solutions across the entire Urban One multi-media platform. Through its national, multi-media operations, the Company and One Solution provides advertisers with a unique and powerful delivery mechanism to African American and urban audiences. Finally, Urban One owns a minority interest in MGM National Harbor, a gaming resort located in Prince George’s County, Maryland.
ABOUT STATE FARM ARENA
Home to the NBA’s Atlanta Hawks, the award-winning State Farm Arena is a next-generation sports and live entertainment venue focused on experience, sustainability, and service. Inspired by the city, State Farm Arena showcases the core values of the organization: inclusiveness, authenticity, and innovation. From the first ever in-arena barbershop with the Killer Mike SWAG Shop to the Hawk Bar on the court behind the basket to the concourse to the Topgolf Swing Suites, State Farm Arena is True to Atlanta. Community and sustainability are at the core as the arena hosts the largest annual food distribution event with the Million Meal Pack and the arena was also the first venue in the world to earn TRUE (Total Resource Use and Efficiency) Platinum certification for zero waste. State Farm Arena was recently named Best Venue by Front Office Sports, a leading multi-platform media and news organization, and consistently ranks among the top 10 concert and event venues in the world from industry-leading publications Pollstar and Billboard. Accessible to every fan with a MARTA station adjacent, the downtown Atlanta arena hosts approximately 175 events and close to 2 million guests annually and stakes its claim as the city’s best sports and live entertainment venue. For more information on State Farm Arena, visit StateFarmArena.com or follow on X @StateFarmArena and Instagram @StateFarmArena.
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State Farm Arena PR | StateFarm.ArenaPR@hawks.com Max Strauss | max.strauss@hawks.com
Anthony White | Anthony.White@hawks.com
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GloRilla & Friends Lead 1st Wave Of Birthday Bash 2025 Performers
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Alessia Cara was set to kick off her 2025 tour next month in support of her recent album, Love & Hyperbole. However, the pop star took to social media on Friday (March 28) to reveal that the U.S. leg of the tour has been postponed.
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“I cried about it then patched it up with ice cream. I’m so so so sorry, my US friends 💔 I’ll make it up to you, I promise!!!! thank you. I love you,” she wrote in the caption to the statement, in which she shared that “there are truly so many factors that lead to this (reluctant) decision, all of which were genuinely and completely out of my control.”
She continued, “Touring, especially today, is challenging and involves to many little moving parts. Bottom line is we couldn’t make it all work on time. Disappointing you guys is killing me, because everything I’ve put into this has been for you and I know how excited you’ve been, but I can only hope you understand.”
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The “Scars to Your Beautiful” singer noted that the rest of the tour, which will take place across Canada, Asia, Australia and Europe, will go on as planned. “As soon as I have new information on the new US dates, I will let you know,” she wrote, adding that original tickets will be honored on the new dates.
“I love you so much,” the Grammy winner concluded her statement. “I can’t apologize enough and I’ll make it up to you. See you soon.”
Cara’s Love & Hyperbole arrived on Valentine’s Day and featured singles “Dead Man,” “Slow Motion,” and “Obvious.”
See the full list of tour dates here, and see Cara’s full statement below.
Sauce Walka has said that he doesn’t plan on avenging his artist’s Sayso P’s recent murder in Memphis. The Houston rapper sat down with Wikid Films to talk about the unfortunate situation he found himself in last weekend (Mar. 22), and while he feels like his people have his back, he doesn’t want to retaliate. […]
Grupo Firme is set to kick off La Última Peda Tour on April 11 in Mexicali, following the cancellation of a performance in Mazatlán after a message on a banner with alleged death threats attributed to a drug cartel appeared in Tijuana. And the trek will proceed with reinforced security.
“People can come with confidence and have a good time,” Eduin Caz, the band’s frontman, said during a press conference Thursday afternoon at Estadio Caliente in Tijuana, where the second show of the tour is scheduled for April 12. “We have strengthened security for this tour in Mexico. The shows of Grupo Firme are meant to be enjoyed, and that’s how it will be.”
After a three-year absence from Mexico, La Última Peda Tour will take Grupo Firme to 23 stadiums across the country, including their eighth performance at Estadio GNP Seguros (formerly Foro Sol) on June 28. The tour will also mark their return to palenques, a more intimate type of show that allows for greater interaction with the audience.
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“We need to relive that closeness with people that only these types of venues can provide,” said Jhonny Cazares, the group’s third voice. “Great artists we admire, like Alfredo Olivas and Julión Álvarez, do them. These [venues] are smaller, but they’re no less important. Plus, they’re part of our culture.”
Meanwhile, the state government and the Baja California Prosecutor’s Office are continuing their investigation into the threats against the band. The cancellation of the March 1 concert, which was part of the Mazatlán Carnival, was a result of the discovery of an alleged narcomanta and a human head in a box Feb. 25 in Tijuana — a fact confirmed to Billboard Español by the Baja California State Prosecutor’s Office. So far, four arrests have been made in the case, Excelsior TV reported citing the prosecutor’s office.
“We are grateful for the support of the authorities, who have been attentive from the very beginning,” Caz added. “We can’t share more details so as not to hinder the investigation.”
Coming up, Grupo Firme will be releasing a new album in May. In an interview with Billboard Español, the singer shared some details about the project, which was helmed by renowned songwriter and producer Joss Favela along with Abraham Luna, the group’s second voice and producer.
“The musical arrangements are different,” revealed Caz. “We’ve incorporated piano, electric guitar, and saxophone with banda and norteño. Our musical roots remain the same. The lyrics are in my style, mostly about heartbreak — those are the ones that come most naturally to me.”
He continued: “We recorded 17 songs but will keep only 12; they’re all very good. I don’t want any of them to go unnoticed or not get the attention they deserve.”
He also shared that it took them about a year to select and record the songs, with Caz contributing as a songwriter alongside Horacio Palencia, Nathan Galante, and Joss Favela — the same creator of “El Beneficio de la Duda,” which led Grupo Firme to spend two weeks at No. 1 on the Billboard Regional Mexican Airplay chart in mid-2024.
As for a potential collaboration with Don Omar — who recently expressed in press conference in Mexico City his desire to record with the band — Caz said: “There’s a great friendship. We haven’t been able to align schedules, first due to health issues for both of us. The song has already been chosen; it’s just a matter of timing. It would be amazing to make it happen.”