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Morgan Wallen tops both the Billboard 200 and Hot 100. Drake and 21 Savage are hitting the road together for a 29-date trek. We are taking a look at the musical subs at this years’ Oscars. XSCAPE sat down with Billboard’s Gail Mitchell to talk their new show on Bravo and more!
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BTS’ J-Hope’s new track with J. Cole has sparked a new TikTok challenge, BlackPink’s Jisoo reveals more about her highly anticipated upcoming solo project, and the ladies of TWICE are getting their own world on Roblox. We preview both our interviews with Feid and Curren$y.
If the price of an individual streaming subscription plan were adjusted for inflation in 2023, it would cost $13.25 instead of roughly $10 a month, Warner Music Group CEO Robert Kyncl said on Wednesday (March 8) — a statistic that doubled as a plea for streaming companies that have yet to raise fees to get in line.
While several of the big music streaming companies — including Apple, Amazon and Deezer — have raised their baseline prices recently, the biggest one of all, Spotify, has so far held off on raising the $9.99 pricetag on its U.S. premium subscription plan. Though Kyncl didn’t specifically address Spotify on Wednesday, when he spoke at the Morgan Stanley Technology, Media & Telecom Conference, he said companies that haven’t raised their prices are playing a role in the undervaluing of music.
“We are the lowest (cost) form of entertainment,” he said. “We have the highest …engagement, highest form of affinity and lowest per hour price. That doesn’t seem right. It should change in an orderly fashion.”
While Kyncl is far from an unbiased commenter on price hikes — music labels stand to gain significant revenues from DSPs raising their subscription prices — Kyncl says the 12 years he spent at YouTube has shown him companies can raise prices if they have a product consumers cherish.
“YouTube TV has grown its subscription from $35 to $70 while growing … because they have a superior product,” Kyncl said.
During the wide-ranging presentation, Kyncl also expressed empathy for executives at TikTok who are at “a company that’s kind of embattled today with lots of different institutions around the world.”
“As someone who’s kind of gone through that, it is much better to have friends and not fight a war on every flank,” he added, recalling the contentious relationship YouTube once had with the music industry.
TikTok is engaged in ongoing negotiations over remuneration to rights holders, a group that includes Warner Music Group (WMG). On Wednesday, Kyncl noted WMG is open to a friendlier dynamic with the popular music discovery tool so long as it works for “both sides.”
“That’s all I look for, fair setup on both sides and to grow a business together,” Kyncl added.
Lil Yachty talks about how his new album ‘Let’s Start Here’ is something he’s truly proud to have made. We take a look inside at Lele Pons’ & Guaynaa’s star-studded wedding. Miley Cyrus drops a teaser for her new track ‘River’. Morgan Wallen is heating up the charts and more!
Tyga and Avril Lavigne locked lips at the Mugler X Hunter Schafer Party during Paris Fashion Week, we caught up with the City Girls at Rolling Loud LA, Halle Bailey celebrates getting her own ‘Little Mermaid’ doll, Metallica’s latest track ‘If Darkness Had a Son’ leads the Hot Trending Songs Chart and more!
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Karol G’s ‘Mañana Será Bonito’ becomes a historic No.1 for both Karol G and the Billboard 200 chart, Ariana Grande and The Weeknd top the Hot 100 with the remix of The Weeknd’s 2016 hit ‘Die For You’, it becomes each of their seventh No.1s and their second No.1 together doing a remix. They previously hit No.1 on the Hot 100 with the remix of ‘Save Your Tears’. Harry Styles throws back to his One Direction days. BLACKPINK’s Jisoo teases her upcoming solo music. Quinta Brunson tells us five things you don’t know about her, we tell you about everything that went down at Rolling Loud LA and more!
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