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TikTok is taking the Canadian government to court.
Last month, the popular social media app was ordered by the federal government to “wind down” its operations in Canada following a national security review.
“We will challenge this order in court,” TikTok said at the time.
Now, the company is following through on the promise. TikTok Canada has filed notice of application for judicial review, which is an official legal challenge to the decision.
“This order would eliminate the jobs and livelihoods of our hundreds of dedicated local employees – who support the community of more than 14 million monthly Canadian users on TikTok, including businesses, advertisers, creators, and initiatives developed especially for Canada,” the company wrote on its official website. “We believe it’s in the best interest of Canadians to find a meaningful solution and ensure that a local team remains in place, alongside the TikTok platform.”
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TikTok posted the whole legal filing on its website, which you can read here. The document breaks down the order of events, suggesting TikTok cooperated with the security review but was surprised by the abrupt announcement.
The company is requesting a court date to challenge the decision in Vancouver, B.C., one of the two locations of its offices. The other is in Toronto.
The filing calls the order “grossly disproportionate” and says it “will result in the termination of hundreds of employees in Canada and the potential termination of over 250,000 contracts with Canadian-based advertisers.”
The legal filing also focuses on the impact to those creators who use the platform, stating that the order “will cause the destruction of significant economic opportunities and intangible benefits to Canadian creators, artists and businesses, and the Canadian cultural community more broadly.”
The federal government made the decision to shut down TikTok’s Canadian operations following a review of its Chinese parent company ByteDance Ltd., calling the operation “injurious to national security.” Canadian users would still be able to use and access TikTok, but the company would be forced to close its offices in Canada.
The filing follows a new law in the United States that would require ByteDance to divest TikTok by January 19, 2025 or face a ban in the country. – Richard Trapunski
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Charlotte Day Wilson to Play Special Orchestral Concert in Toronto in 2025
Charlotte Day Wilson is preparing for a hometown concert that she calls “a dream opportunity.”
On Feb. 28, 2025, the Grammy nominated R&B/soul singer-songwriter will play a Red Bull Symphonic concert with members of the the Symphonic Orchestra at Roy Thomson Hall, the home of the acclaimed Toronto Symphony Orchestra.
Charlotte Day
Emily Lipson
Tickets go on sale Friday, December 13, 2024 at redbull.ca/symphonic.
Previous editions of Red Bull Symphonic in Atlanta and Los Angeles have featured Rick Ross and Metro Boomin, plus special guests including John Legend, Swae Lee and more.
It will be the first orchestral concert for Wilson, and she’s approaching it as a full vision of her current state as a musician.
“I want people to come away from it understanding the musical makeup that I have and of my sense of self within music,” Charlotte Day Wilson tells Billboard Canada over Zoom from her apartment in Toronto.
She’s still in her early 30s, but Wilson has been recording and performing for well over a decade. With two albums and multiple EPs, she has a full body of work to play from, and she’s excited to rethink it in a new context.
Her 2024 album, Cyan Blue, has been nominated for a Grammy for Best Engineered Album, and though Jack Rochon was the primary engineer, Wilson says the two of them made everything in the room together as “an exchange of two people producing and engineering and writing all in tandem.”
Charlotte Day Wilson’s soulful voice and songwriting chops have become a secret weapon for many renowned musicians. She’s performed and collaborated with Kaytranada, Daniel Caesar, Mustafa, BadBadNotGood and Nelly Furtado, and one of her songs was even sampled by Drake.
The Grammy recognition and the ability to do a full-scale orchestral concert feels like a mark of wider recognition in a field that can often include a lot of isolation. It also feels like a “maturing moment,” she says, which fits her mindset right now.
“It’s something I think about a lot as an artist,” she says. “In an industry that is ruthlessly obsessed with youth, how do we graduate into a next chapter of life and still maintain our integrity and relevance. That’s something I think about all the time, and it’s something I want to approach really deliberately.” – R.T.
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Patrick Watson’s ‘Je te laisserai des mots’ Becomes First French-Language Song To Hit A Billion Spotify Streams
Canadian singer-songwriter Patrick Watson has made history on Spotify.
His 2010 song “Je te laisserai des mots” is now the first French-language song to hit a billion streams on the platform.
The song, a wistful composition led by piano and strings, was first written for the 2009 film Mères et Filles.
Listeners clearly agreed that the song has a cinematic quality: it went viral in 2021 and 2022, used by thousands of TikTokers — including Justin Bieber — to soundtrack serene or sad moments in their own lives during Covid restrictions.
Watson joins Bieber and other Canadian artists like Drake, Tate McRae, Alessia Cara and Shawn Mendes in Spotify’s Billions Club. Most of the other Canadian members are major label signees with a pop-oriented sound, which makes Watson — an acclaimed indie singer-songwriter represented by Montreal’s Secret City Records — a more unusual entry into the club.
“Je te laisserai des mots” was the most-streamed French language track both in Canada and globally this year on Spotify, while the veteran songwriter and producer is the No. 6 most popular Québécois artist on Spotify this year in Canada. He finishes alongside Quebec legends Les Cowboys Fringants and Celine Dion, pop star Charlotte Cardin and rappers Souldia and Enima.
Spotify notes that since 2019, listening to music in French has jumped by 94% on the app — which means after Watson, another Billions Club French-language song could only be a matter of time. – Rosie Long Decter
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Music Business Year In Review
Drop that tonearm on this week’s Executive Turntable, Billboard’s compendium of promotions, hirings, exits and firings — and all things in between — across music.
Read on for personnel news but don’t forget to cast your vote for the Power 100 Players’ Choice Award, plus peruse our rundown of the richest music investors who made their bones outside the industry (hint: one rhymes with Lauren Tuffet), our weekly interview series spotlighting a single c-suiter and our calendar of notable goings-on.
Virgin Music Group named Mark Robinson to the newly created role of executive vice president of global business and legal affairs. In this role, Robinson will lead global business affairs and corporate strategy, supporting dealmakers worldwide to establish needle-moving partnerships. Robinson brings extensive experience, previously managing music business affairs for brands like MTV, CBS, BET, CMT and Paramount+ during a tenure Paramount Global. His career also includes serving as General Counsel at 300 Entertainment and BMG North America, as well as nearly a decade in Warner Music Group’s business affairs division. Based in New York City, Robinson will report to co-CEOs Ned Pastor and JT Myers, both of whom he worked with previously. “I am thrilled to re-unite with Nat and JT who I worked with previously and deeply respect,” he said. “Virgin is building a next generation music company, and I am looking forward to working with their world-class team on the wide variety of exciting global deals they have in the pipeline.”
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Former Warner Music Nashville co-chair and co-president Ben Kline joined Red Light Management’s executive leadership team in Nashville as a senior executive, reporting to Red Light founder Coran Capshaw. Kline will help oversee Red Light’s Nashville operations, in addition to focusing on new business opportunities for the company and its artists. Kline’s career has also included senior leadership roles at Ingrooves, Rostrum Records and UMG Nashville. “We are very happy to welcome Ben,” said Capshaw. “His experience and reputation within the Nashville music community make him a great addition to the Red Light team.” –Jessica Nicholson
SiriusXM Holdings named Wayne Thorsen as its new executive vp and chief operating officer, effective Dec. 16. Reporting to CEO Jennifer Witz, Thorsen will oversee product and technology functions, commercial activities, business development, consumer marketing and corporate strategy. His appointment — the company has never had a COO before — coincides with the departure of chief product and technology officer Joseph Inzerillo, who played a pivotal role in modernizing SiriusXM’s technology platform and launching its new streaming app before departing to pursue other opportunities. Thorsen brings extensive experience in product development, strategic partnerships, and business leadership. At ADT Inc., he led teams responsible for innovation and product engineering, spearheading the ADT+ platform and Trusted Neighbor product. His career also includes senior roles at Google, SoFi, Microsoft, Viacom, Telefónica Digital and BlueKai. CEO Jennifer Witz praised Thorsen’s expertise in business development and innovation. “Wayne is a seasoned leader who brings significant experience driving business development and innovation, and he is well-positioned to help guide the company through this next chapter as we sharpen our focus on delivering meaningful results alongside greater efficiency,” she said.
Crispin Hunt, a multi-platinum songwriter and producer, has been elected president of the PRS Members’ Council, starting Jan. 1. Known for his work with artists like Florence and The Machine, Lana Del Rey and Rod Stewart, Hunt has a strong background in advocacy — he’s been on the PRS Members’ Council since 2019, chaired the UK’s Ivors Academy and co-led the Featured Artists Coalition. As president, Hunt aims to champion the interests of PRS for Music’s songwriters, composers and publishers, and strengthen connections between music creators, the Members’ Council and PRS leadership. Hunt takes over from Michelle Escoffery, the council’s inaugural president, who launched initiatives on rights protection, education and career development.
Round Hill Music Royalty Partners appointed Katie Kowinski as chief of investor relations and business development. Reporting to CEO Josh Gruss, Kowinski will focus on expanding investor relationships and raising capital, supported by investor relations director Kellie Kirschner. Kowinski brings over 20 years of marketing and fundraising expertise in private equity and investment management, having previously led capital markets and music IP strategies at Raven Capital Management, plus roles at Kairos Ventures and Artisan Partners. Since its founding in 2010, Round Hill has raised and deployed over $1.1 billion, leveraging an integrated asset and music IP management platform with teams in London, Los Angeles, Nashville, and New York. The firm said its portfolio of music rights is currently valued at $900 million. Gruss emphasized music rights’ attractive investment opportunities and highlighted Kowinski’s experience as key to advancing Round Hill’s goals. “Round Hill prides itself as having been one of the first movers in the music rights investment space,” he added. “This has enabled us to build a trusted reputation throughout the music industry while achieving numerous successful exits for our investors over the years.”
Peermusic appointed Harry Knyt as head of A&R for the U.K. Based in London, Knyt will oversee signing, development and creative strategies for Peermusic’s UK publishing roster, leading the A&R team and reporting directly to managing director Ralph W. Peer. Knyt brings over a decade of experience from roles at Insanity Group, Milk & Honey, Sony Music/RCA, and NQ/Sony Music Publishing. His career highlights include managing Grammy-winning songwriters and producers and contributing to UK chart-topping albums and singles. Ralph W. Peer praised Knyt’s industry relationships, creative vision and dedication to artist and writer development, aligning with Peermusic’s nearly 100-year legacy. “He is an exceptional A&R executive with incredible taste, focus, and the ability to take our creative strategy in exciting directions,” Peer said of Knyt. “The opportunity to bring Harry on board to continue our legacy of artist/writer development a perfect fit for our creative culture at Peermusic U.K.”
Condé Nast has hired Antonious Porch away from SoundCloud, where he’s been general counsel for the last six and a half years, as well as chief diversity officer for part of that time. He is set to join the publishing giant as general counsel in February — there he will manage all legal, business affairs, policy and compliance matters, and serve as corporate secretary. (Condé hired a new DEI chief in November.) Before joining Soundcloud in early 2018, he was general counsel at Shazam, aiding in its transformation and eventual sale to Apple. Porch also held leadership roles at Viacom and began his career at Latham & Watkins. Replacing Porch as SoundCloud’s top legal advisor will be Ama Walton, who joined the company in early 2021 after several years handling legal affairs at BMG and EMI.
BOARD SHORTS: A2IM appointed Steven Hill, head of North American & global marketing at Warp Records, as chair of the indie label trade org’s 2024-2025 board of directors. Hill joins treasurer Tony Alexander, co-founder of Made in Memphis Entertainment, and secretary Nabil Ayers, president of Beggars Group, on the rxecutive committee. Hill supports a diverse range of artists at Warp Records, including Aphex Twin and Brian Eno. The new board also features industry leaders like Terry McBride, CEO of Nettwerk Music Group, and Louis Posen, founder and president of Hopeless Records … The AIMP released its ’25-’26 election results. In Atlanta, Tony D. Alexander was re-elected as chapter president, with Crystal Morris and Tye Huntley as co-veeps. David Alexander will serve as treasurer, and Cheryl Potts remains secretary. In Los Angeles, Frank Handy will succeed Marc Caruso as chapter president, with Eric Polin as vp, Yvonne Drazan as secretary, and David Quan as treasurer. In Nashville, Ree Guyer steps down as president but remains on the board, while Duane Hobson and Dave Pacula join as new members. In New York, Debbie Rose takes over as chapter president, with Jeff Pachman as vp, Art Levy as secretary, and outgoing prez Michael Lau as treasurer. A national chair will be selected in January.
Sun Label Group, encompassing Sun Records, Gaither Music Group, Green Hill Productions, and emeraldwave by Green Hill, announced key promotions and hires to support its continued growth. Promotions include Chad Smith as senior creative director, overseeing all creative output, and Bryce Egan as marketing manager for Sun Records, Green Hill Productions and emeraldwave. Olivia DeMasters assumes the new role of senior manager of catalog development, focusing on expanding the group’s catalog. Hayley Tolley is now social media and marketing manager for Gaither Music Group, managing engagement with Gaither’s extensive social media following. New hires include Mary Clark Webb as social media and community coordinator and Jeremy Maier as digital streaming coordinator for Green Hill, along with Maggie Hairston as marketing coordinator for Gaither Music Group.
Amanda Samii and Sam Schulman
Ziggy Chareton
Good Play Music, a new Los Angeles-based firm specializing in career management, publishing and development for songwriters, producers, artists, and creative directors, has launched. Founded by Amanda Samii, a veteran A&R pro known for her work with artists like Rogét Chahayed, ASHE and Jon Bellion, the company’s mission is to “elevate our clients’ talents, break down barriers, and spark meaningful conversations that inspire change in the entertainment industry.” Samii brings experience from Capitol Records and Kobalt Music Publishing. Joining Samii is Sam Schulman, a notable talent in management and A&R who has worked with stars such as ASHE and FINNEAS. Good Play’s roster already features acclaimed songwriters and visionary photographers with over 1 billion streams collectively, including Annie Schindel, CASHÆ, Matt Hall, David OD, Renee Cox, Elizabeth Miranda, Bradley Rittmann and Hunter Moreno. You can contact Samii at amanda@goodplaymusic.com.
Slipstream Music named Jonathan Lane as vice president of sync and partnerships at the music licensing platform. With over 15 years in music licensing and supervision, Lane will spearhead sync and partnership strategies, collaborating with networks, streaming platforms, production companies and ad agencies to deliver music-related solutions for global content creators. Lane previously served as vp and head of TV and film at Audio Network, where he oversaw U.S. operations, and as senior director of sync and licensing at 5 Alarm Music, which was recently acquired by Slipstream alongside Jingle Punks and Cavendish Music. This appointment supports Slipstream’s mission to redefine music licensing through strategic acquisitions and partnerships, including collaborations with Kobalt, to provide creator-safe music for digital and traditional media clients. CEO Dan Demole lauded Lane’s expertise and “deep industry connections,” saying they’ll “help us unlock new opportunities and strengthen our position as the best possible partner for creators, brands, and studios.”
River House Artists promoted Kayla Adkins to senior director of creative/A&R, where she will continue developing and managing the publishing roster of new and established songwriters. Adkins joined River House in 2018 and has worked with artists and writers including Pillbox Patti, Austin Snell and Hudson Westbrook. Lauren Lieu has joined the publishing team as director of creative, helping to support River House’s roster. Lieu’s career has included time at ole Music (now Anthem Entertainment) and Play It Again Music. –J.N.
Integrity Music tapped Stone Meyer as vice president of music publishing. Meyer previously worked at Capitol Christian Music Group and The Bridge Church, where he was executive pastor of worship and creative. At Integrity, Meyer will lead the creative publishing team and expand the song catalog. In addition, Taylor Agan was promoted to creative director and will report to Meyer. Agan, a Dove- and Grammy-nominated songwriter, joined Integrity in 2022 as A&R manager. Finally, Taylor Brady, who also joined Integrity in 2022, transitioned from business development director to A&R director. Both Brady and Meyer will report to Blaine Barcus, president of Integrity Music. These appointments aim to provide artists and songwriters with the necessary resources and support to succeed in the evolving music industry.
Deborah Mannis-Gardner and Pär Almqvist launched AYO Music Group, a copyright administration company specializing in global management of publishing, neighboring rights and recordings. AYO focuses on organizing and protecting music copyrights while educating rightsholders on maximizing licensing opportunities. Mannis-Gardner, owner and president of DMG Clearances, and Almqvist, co-founder and ex-CEO of Tracklib, collaborated with SyncLodge chief legal officer Stacey Haber to launch AYO. Since its soft launch, AYO has built a catalog exceeding one billion streams, featuring tracks from A$AP Ant, MC Lyte, and numerous estates. The company also offers free webinars on music copyright and will collaborate with IAFAR on Jan. 21 for a session on neighboring rights and producer payments. AYO aims to empower rightsholders with knowledge and tools to optimize their revenue potential.
Stephen Stallings is the new senior director of creative sync and advertising at Silver Side Productions. Based in New York, Stallings will report to head of music licensing Craig O’Neill and oversee ad pitching for the company’s diverse catalog, featuring 1950s-1970s recordings and independent artists. This appointment aligns with Silver Side’s efforts to expand in advertising and diversify its roster. With over a decade of experience, Stallings previously served as an in-house music supervisor at Dentsu, managing music licensing and production for major brands like American Express, Verizon, and United Airlines. Stallings expressed enthusiasm for the role, highlighting the opportunity to reconnect audiences with classic tracks while exploring innovative sync opportunities for Silver Side’s catalog. Silver Side Productions owner and co-founder Mike Locke added, “His knack for pitching and deep knowledge of both the music and ad industries perfectly aligns with Silver Side’s sync-driven business ethos and is integral to our next phase of growth.”
ICYMI:
Tim Leiweke
CD Baby, one of the biggest do-it-yourself distribution services in the industry, laid off members of its creator services team last week … plus Oak View Group chairman and CEO Tim Leiweke sat down with our friends in Canada to talk up the company’s strategy there, his dream of a national stadium and being “dragged into” the DOJ’s lawsuit back in the U.S.
Last Week’s Turntable: A Goldenvoice Legend Retires
Universal Music Group (UMG) signed a strategic partnership deal with global advertising and public relations giant WPP that will center around audience engagement strategies “leveraging the power of music,” according to a press release. The deal will allow WPP clients access to UMG’s music catalog, with the two companies working together to “unlock additional areas of amplification through data-driven and technological innovation” and exploring ways artificial intelligence “can better help brands and artists connect and create authentic cultural moments,” the release adds. The partnership builds on a pre-existing relationship between UMG and WPP, which have previously teamed up on initiatives including the Coke Studio and Sprite Limelight music platforms. In a statement, UMG chief digital officer and executive vp Michael Nash said that by “combining innovative new technologies with UMG’s industry-leading data insights, we can create significant new commercial opportunities for our artists and songwriters. In addition, working together with WPP, we will harness and amplify the unmatched power and reach of music for WPP’s clients and brands through new strategic initiatives and programs.”
Sony Music launched in Greece following its acquisition of Cobalt Music, one of the country’s biggest independent labels, to re-establish Sony Music Entertainment Greece. The deal will allow Cobalt artists to connect with audiences internationally. it was concurrently announced that Anna Maria Antippas will serve as MD of Sony Music Entertainment Greece after having held leadership roles in the Greek music industry for nearly 20 years. Greek music industry revenues reached $70.4 million last year, a 14.91% increase from the prior year. Streaming accounts for 63.1% of that revenue, marking year-over-year growth of 15.2%, while synch revenues have increased 49.4%, according to a press release.
Virgin Music Group struck a strategic long-term agreement with Hungama Digital Media, a leading digital entertainment company operating out of India. Through the deal, Virgin will help expand the global reach of Hungama’s music catalog, including SVF, Grassroute, OTV and numerous film soundtracks. In turn, the deal will allow Virgin to deepen its presence in India’s regional music scene. “Hungama’s expansive network will enable us to unlock incredible new opportunities for our artists,” said Amit Sharma, country manager of India for Virgin Music Group, in a statement.
CTS Eventim acquired a 17% stake in French ticketing company France Billet from Fnac Darty, making it France Billet’s majority shareholder. Fnac Darty retains a 35% stake after the transaction and will continue its involvement in the company’s governance. France Billet’s management team will remain in place following the deal.
AEG Presents assumed a partnership stake in Germany-based concert promotion company MCT Agentur. “I wanted a partner who shared my vision of how our business should run and could provide some extra muscle in my corner when needed,” said MCT Agentur founder Scumeck Sabottka in a statement on the deal. “Concert promotion is still a gamble…that’s what makes it fun, but it’s a full-contact sport at times. You need a teammate you can trust and Jay and I trust each other.”
Warner Music Japan (WMJ) entered a strategic partnership with NBCUniversal Entertainment Japan (NBCUJ) through which it will produce and promote new releases by NBCUJ’s artists. WMJ will additionally acquire the distribution rights of more than 9,000 works in NBCU’s music catalog, including anime-related tracks, and begin digitally distributing them globally starting early next year. WMJ will also handle distribution and sales of physical products. The two companies will also work to expand opportunities for music tie-ins with anime projects, exploring possibilities for WMJ artists to contribute songs to NBCUJ titles. With the deal, WMJ has also launched an anime business division, which has brought on former Aniplex president/CEO Koichiro Natsume and former TMS Entertainment Co. senior executive officer Hiroyasu Shinohara as external advisors. “This partnership will not only enable us to help bring NBCUJ’s catalog to the world through our global network, but also give our artists opportunities to further grow their careers by leveraging anime-related collaborations,” said Takeshi Okada, president/CEO of WMJ, in a statement.
Under a new strategic partnership, ADA — Warner Music Group’s indie music distribution and artist services arm — will now oversee worldwide distribution for music projects developed by FaroLatino Music, the label division of ForoLatino. “This alliance marks an important chapter for both companies as we unite to champion Latin American music on a global scale,” Javier Fainzaig, president of FaroLatino, said in a statement. ADA president Cat Kreidich added, “We’re excited to partner with FaroLatino and help lead the charge on the global growth and recognition of the many diverse artists and genres that make up Latin music.” Launched in 1995, FaroLatino offers artist services ranging from marketing and press to strategic partnerships. Some of its latest projects include Jessi Uribe and Alejandro Fernández’s collab “Tu Maniquí” and Noche de Brujas and Jorge Celedón’s cross-genre single “Vente Conmigo.” – Griselda Flores
Event management platform Events.com acquired the Wonderfront Music & Arts Festival out of San Diego. “Under our ownership, we’ll streamline operations and create more digital engagement opportunities for guests,” said Stephen Partridge, president/COO of Events.com, in a statement. Launched in 2019, Wonderfront boasted nearly 42,000 attendees at this year’s edition of the festival. “With Events.com’s expertise in event management and the innovative capabilities of its platform, we’re looking forward to creating even more memorable experiences for our guests as we enhance our operational efficiencies, including ticketing, guest engagement, and overall festival management,” added Wonderfront founder/executive producer Paul Thornton. The 2025 iteration of the festival is slated for May 16-18.
Create Music Group acquired a 50% share of the London-based dance music label and music publisher Enhanced Music, which boasts such genre brands as Enhanced Recordings, Enhanced Progressive, Colorize, Shapes of Solitude and Enhanced Chill. Enhanced has publishing rights to thousands of songs by artists including The Chainsmokers, Elley Duhé, Tiësto and Steve Aoki.
Symphonic Distribution partnered with Masterchannel to provide artists with an AI mastering tool that makes tracks release-ready and optimized for streaming. Under the deal, Symphonic artists can upload as many tracks as they want and receive unlimited free full-length master previews.
Also at Symphonic, the company signed South Korean lable EchoesInDream (EID) to a global distribution deal. Upcoming EID releases include “Swimmin’”, a collaboration between Filipino R&B artist Jay R and emerging artists PAAK and AVN, along with new music from PAAK, an Afrobeats artist. Both are slated for release in January.
A billionaire in the music business usually doesn’t start out in the music business. They begin in less glamorous industries until, with a large enough bank account, they can buy a record label, music venue or concert promoter and earn entry into the world of media moguls. Or the billionaire joins the equally exclusive fraternity of professional sports team owners. Some do both music and sports.
Charles Dolan, the patriarch of the Dolan family, majority owners of MSG Entertainment and Sphere Entertainment Group —not to mention a few sports teams —began with a closed-circuit service that sent tourist information into New York City hotel rooms. Ron Burkle got his start working for a grocery store before turning into a grocery M&A titan. Len Blavatnik, whose Access Industries holding company owns most of Warner Music Group, earned his fortune buying aluminum smelters after the breakup of the Soviet Union. For Vicent Bolloré, maritime freight and paper manufacturing were the pathway to media and entertainment. For Phil Anschutz, it was oil. For Hassan Khosrowshahi, it was consumer electronics.
In a few instances, billionaires came to the music business through Wall Street. Two celebrity hedge fund kings, Bill Ackman (Pershing Square Holdings) and Steve Cohen (Point72), have purchased stakes in public music companies. Ackman acquired 10% of Universal Music Group (UMG) before its 2021 initial public offering, becoming a helpful cheerleader for UMG — and music assets in general — as more institutional investors put money into a growing slate of public and private music companies. Cohen, owner of the New York Mets, quietly has small stakes in two of the Dolan family’s companies, MSG Entertainment and Sphere Entertainment Co.
Warren Buffet is an outsider here. Buffet’s Berkshire Hathaway Holdings looks for undervalued companies with competitive advantages — think insurance companies and railroads. A media mogul he isn’t. Buffet has a reputation for investing in boring companies with good management and avoiding the crowds that drive up prices. “Price is what you pay; value is what you get,” he once said. Berkshire Hathaway owns a considerable stake in a radio company, SiriusXM, that is trying to keep satellite radio relevant in an era of high-flying streaming services. But SiriusXM, which represents just a small part of Berkshire’s portfolio, isn’t an entryway to glitz and glamour.
For this list, Billboard is highlighting ten billionaires — some well-known, others less so — who have built music companies or invested in them but didn’t originally build their fortunes in the music business. Billboard excluded CEOs or musicians. According to Forbes, Jay-Z is worth $2.5 billion, Rihanna is worth $1.4 billion and Taylor Swift is worth $1.1 billion. Two founder/CEO billionaires, Spotify CEO Daniel Ek and CTS Eventim CEO Klaus-Peter Schulenberg, are also excluded.
Phil Anschutz
Since the Kendrick Lamar–Drake beef broke into the mainstream earlier this year, the six tracks at the heart of the rap battle have generated nearly $15.4 million in streaming, digital sales and publishing revenue in the United States through the week ending Nov. 21, according to Billboard estimates based on data from Luminate. Kendrick’s “Not […]
Winter Music Conference is returning to Miami Music Week in 2025.
Organizers today (Dec. 12) announced that the three-day conference will happen during the annual dance music industry gathering in Miami this March, with the conference taking place March 26-28 at the beachfront Eden Roc Miami Beach hotel.
This will be the first time since 2019 that the conference, which has a history going back 35 years, will be part of Miami Music Week, as the 2020 conference was cancelled due to the pandemic.
The 2025 event is set to focus on myriad facets of dance music business and culture through educational panels, keynotes and networking sessions. Specific topics will be announced in the coming months, with conversations to focus on agency dynamics, licensing, streaming, publicity, A&R, emerging social media platforms, brand longevity and more. Registration for the conference is open now.
WMC 2025 will end with a March 28 awards show, which will be the first ever hybrid event from the Electronic Dance Music Awards (EDMAs) and the International Dance Music Awards (IDMAs). This show will feature live performances and award presentations.
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Winter Music Conference is owned by Ultra Music Festival, which kicks off in Miami the same day the conference ends, Friday, March 28. The three-day festival will again happen at its longtime home in Miami’s Bayfront Park, with the 2025 lineup thus far featuring artists including Armin van Buuren, Carl Cox, Afrojck, Tiësto, Martin Garrix and Hardwell, along with pairings like the previously announced Anyma b2b Solomun set and Pendulum playing both solo and back to back with Deadmau5, with the latter artist also performing his first ever career-spanning “retro5pective” set.
Launched in 1985, Winter Music Conference was held every March in Miami (prior to the pandemic) and is part of the larger event known as Miami Music Week, a marathon of dance music performances and parties. Drawing an estimated 100,000 attendees and 3,500 music professionals from more than 70 countries at its height, WMC hosts a schedule of events, parties, seminars and workshops and serves as one of the largest industry networking events in the dance/electronic music genre.
Though the Ultra Music Festival was originally spawned by the conference, it eventually surpassed it in terms of influence, and its parent company went on to acquire WMC in 2018.
Winter Music Conference
Courtesy Photo
The Music Sustainability Summit has announced programming for its second annual conference, happening Feb. 3 at Solotech Studios Los Angeles. Focused on developing solutions to climate change within the music industry, the event will feature the following talks and panels: C-suite Conversation: What it Takes to Prioritize Sustainability: a conversation with amusic industry executive about […]
Songwriting/production duos Nova Wav and Stargate will be sharing their creative expertise through a new community-building artist mentorship program. Christened Output CoLAB, the program is being launched by global music creation software company Output.
“The music industry is becoming increasingly more complex and challenging to navigate – especially for artists early in their careers,” said Output founder and CEO Gregg Lehrman in a statement announcing the program’s launch. “At a time when artistry is being threatened by AI-generated music, human collaboration and creativity are more important than ever. We created CoLAB with the goal of empowering music makers with the resources and connections to grow their music careers.”
Both Nova Wav and Stargate are well-known for their work in R&B, hip-hop and pop. Nova Wav — comprised of Brittany “Chi” Coney and Denisia “Blu June” Andrews — have contributed to Beyoncé’s most recent albums, Cowboy Carter and Renaissance. The three-time Grammy-nominated pair have also rung up credits on projects by Rihanna and Ariana Grande, among other artists.
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“With the abundance of music creation tools available, Output has always stood out to us in their ability to build tools that inspire real creativity,” stated Coney in the press release. “We are thrilled to partner with them to inspire the next wave of artists and set them up with the tools and skills to succeed.”
Grammy-winning duo Stargate is behind a host of hits such as Beyoncé’s “Irreplaceable,” Rihanna’s “Don’t Stop the Music” and “Diamonds” and Ne-Yo’s “So Sick.” Stargate members Tor Erik Hermansen and Mikkel Storleer Eriksen are also the founders of the Los Angeles Academy for Artists and Music Production (LAAMP). This summer, Output and Stargate staged a contest for one artist to secure a spot in LAAMP’s six-week online session. The winning artist was able to collaborate with other musicians and participate in workshops led by the likes of Benny Blanco, Emily Warren and Ne-Yo.
“With LAAMP, we wanted to create an environment where young, talented and driven music creators can collaborate and get real-time feedback from established industry pros to take their music to the next level,” said Eriksen. ”That’s why we’re thrilled to partner with Output to build a wide-reaching and accessible community for up-and-coming artists to create music and receive meaningful feedback.”
To celebrate CoLAB’s launch, Output is giving away a trip to Los Angeles during which the winner will also receive time spent in a world-class studio and a mentorship with support from Output partners including De-FI, Novation, Shure and Range Music. To enter the contest, visit the Output website.
Downtown Artist & Label Services struck an exclusive distribution deal with Josa Records in support of its emerging Música Mexicana artist Netón Vega. The agreement covers the global distribution of Vega’s catalog and his upcoming debut album set for release early next year, which will include collaborations with Peso Pluma, Luis R Conriquez, Tito Double P and others. Hits for Vega include “La Patrulla,” “LINDA,” “Presidente” and “Si No Quieres No,” his collaboration with fellow Downtown client Conriquez.
Nigerian artist Flavour signed a joint deal with Warner Music Africa and Africori, which will team up to distribute his future releases. The singer is known for fusing African rhythm, highlife and contemporary jazz and has garnered more than 1.1 billion views on YouTube and sold more than 5 million albums globally, according to a press release.
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Actor, rapper and DJ IDRIS (a.k.a. Idris Elba) signed with Dirtybird Records, which released his latest single, “No Long Talk,” on Friday (Dec. 6) along with an official remix by GAWP.
Gospel singer-songwriter Jonathan McReynolds signed to Motown Gospel/Christian Music Group for the release of his first Christmas-themed EP, Red & Green. He also signed with CAA ahead of his six-city Red & Green concert tour, which launched Dec. 1 in Chicago and is slated to wrap up Dec. 21 in Atlanta.
Metal band Shadows Fall signed with MNRK Heavy and released its first new music in more than a decade with the single “In the Grey.” The group is managed by Scott Lee at SL Managemeent.
Girlpuppy, the musical project from Atlanta’s Becca Harvey, signed with Captured Tracks and released her new single “Champ” on the label.
Eighteen-year-old blues artist Muireann Bradley signed to Decca Records and its U.S. partner label Verve Forecast. The labels will release the Irish singer’s forthcoming debut album, I Kept These Old Blues, on Feb. 28.
Country-folk artist Sam Stoane signed to Wasserman Music in Nashville on the heels of her opening dates for The Nitty Gritty Dirt Band, Dylan Gossett and other acts. She’s slated to release her debut album next year.
Scarlet Rae of the indie folk band Rose Dorn signed with Bayonet Records and released the single “Bleu.”
Nashville-based The Band Light signed with Red Van Records and is set to release new music on the label early next year. The group, which is managed by Rachel Inglesino at Jonas Group Entertainment, also just signed a deal with Jonas Group Publishing.
The Grammy Museum announced today that on Jan. 25, it will begin offering free general admission for all visitors ages 17 and under. The new policy is expected to more than double the number of youths who visit the museum’s galleries each year.
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The new free-admission policy was made possible by the Stengaard Gross Family Education Initiative through a donation made to the Campaign for Music Education, a fundraising campaign launched in 2022. The Campaign for Music Education has recently surpassed its fundraising goal of $5 million. With this initial milestone now achieved, the Grammy Museum has doubled its fundraising goal to $10 million, which it hopes to reach in 2026.
“The Grammy Museum has always been committed to increase access to music education by reaching underserved communities where access to our museum and programming could make a huge impact,” Michael Sticka, Grammy Museum president and CEO, said in a statement. “Waiving admission for kids 17 and under will go a long way towards achieving that goal.”
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(Sticka, who has been leading the Museum since 2018, just renewed his contract to serve in this role until 2029.)
Additional funds raised through the Campaign for Music Education will expand the museum’s education and community programs, which have served more than 550,000 students through programs such as Grammy Camp, Grammy in the Schools and the Quinn Coleman Scholarship Fund. The Campaign for Music Education is co-chaired by such stars as Billie Eilish, Dua Lipa, Bruno Mars, Shawn Mendes, and Rosalía.
Additionally, as a result of the Campaign for Music Education, the Museum will unveil Sonic Playground, a new hands-on, permanent exhibit opening next month. Featuring 17 music-making interactives, Sonic Playground allows visitors to play different roles in the music industry, from rapper, singer, and producer to performer, music supervisor, and voice actor, and discover the myriad ways they could pursue a career in the music industry. Sonic Playground is made possible by a donation from Deborah DeBerry Long, dedicated to the legacy of Jim Long.
Additional donors to the Campaign for Music Education include the Ray Charles Foundation, Deborah DeBerry Long, the Living Legacy Foundation, the Natalie Cole Foundation, and BeatHeadz.