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Rapper Tekashi 6ix9ine has reached a deal with federal prosecutors after his recent arrest over alleged violations of his supervised release, agreeing to spend a month in prison and another under house arrest.
The rapper was charged last week with breaking the terms of his years-long probation, which stems from a 2018 plea deal he struck with prosecutors over his involvement with a gang called Nine Trey Gangsta Bloods.
In a letter to the judge filed Tuesday, federal prosecutors said Tekashi had agreed to admit to the probation violations and serve one month in prison, followed by a month of home incarceration, a month of less-restrictive home detention, and then finally a month of curfew.
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The deal will also extend Tekashi’s supervised release — which had been set to expire in six months – to a full year following his release from prison. The rapper’s attorney did not immediately return a request for comment.
Once a rising star in the world of hip-hop and social media, Tekashi was charged in November 2018 with federal racketeering and murder conspiracy charges over his involvement with a New York street gang called Nine Trey Gangsta Bloods. Prosecutors claimed the gang “wreaked havoc on New York City” by “engaging in brazen acts of violence.”
But just a day after being arrested, Tekashi cut a deal with federal prosecutors to flip on his crew in return for lenience. Taking the witness stand during a 2019 trial, he offered detailed and frank testimony about his involvement in the gang and his former gang mates.
Under the deal with prosecutors, Tekashi was sentenced to two years in prison and five years of supervised release and ordered to serve 1,000 hours of community service and pay a $35,000 fine.
The sentence was set to run until July 2020, but Tekashi was released early, in April 2020, after his attorneys argued that the coronavirus pandemic posed an increased risk to him because he has asthma.
Last week, prosecutors alleged that Tekashi had violated his release conditions on numerous occasions, including by traveling to Las Vegas without permission, failing to submit for drug testing and testing positive for methamphetamine.
At his arraignment hearing, the rapper pleaded not guilty and his attorney argued that the failed drug test was from the use of prescribed Adderall. But the judge was unswayed and ordered him jailed until his next court date, citing a “broader pattern” of misconduct during parole that the judge said suggests a “full spectrum disregard for the law.”
Following Tuesday’s agreement, the judge ordered both sides to appear at a hearing next week (Nov. 12) to explain the plea deal and why the sentence “reflects the proper sentence for these violations.”
The federal government has ordered the dissolution of TikTok in Canada.
Canadian users will still be able to use and access the popular social media app, but the company’s Canadian operations, which has offices in Toronto and Vancouver, have been ordered to “wind down.”
This follows a national security review of TikTok’s Chinese parent company ByteDance Ltd.
“The decision was based on the information and evidence collected over the course of the review and on the advice of Canada’s security and intelligence community and other government partners,” said Industry Minister François-Philippe Champagne in a statement, reported by Canadian Press.
He also told CBC that TikTok’s Canadian operations are potentially “injurious to national security.” He wouldn’t go into specifics, but said “I know Canadians would understand when you’re saying the government of Canada is taking measures to protect national security, that’s serious.”
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Canadians will still be able to watch TikTok videos and post their own on the app, but the company will no longer be able to conduct business in the country.
TikTok, however, will not leave without a fight.
“Shutting down TikTok’s Canadian offices and destroying hundreds of well-paying local jobs is not in anyone’s best interest, and today’s shutdown order will do just that. We will challenge this order in court,” a spokesperson for TikTok told the national broadcaster.
TikTok has faced similar scrutiny in the United States, with an order for ByteDance to sell the platform or stop operating.
In Canada, a big part of TikTok’s operations revolve around music and it has a number of initiatives to support local creators. In April, the company launched a weekly music chart measuring viral songs on the platform in Canada.
A number of Canadian artists like Lauren Spencer Smith, Alexander Stewart, Crash Adams and, most successfully, Tate McRae, have built successful music careers on TikTok.
More on this story as it develops.
Live Nation, which is facing a lawsuit brought by the Department of Justice (DOJ) under President Joe Biden, saw its share price jump on Wednesday (Nov. 6) following Donald Trump’s victory in the U.S. presidential election a day earlier.
Live Nation shares gained 7.1% to $125.99 and rose as high as $127.64, just shy of its all-time high of $127.75 set on Nov. 5, 2021. Investors could see Trump’s re-entrance into the White House as a good sign for Live Nation’s efforts to thwart efforts by the DOJ to break up the company.
In a lawsuit filed in May, the DOJ alleged Live Nation abused its market power to hurt competition through exclusive ticketing contracts and threats and retaliations against venues that choose competing ticketing companies, among other actions the DOJ claims are illegal and violate the consent decree that placed competition-enhancing restrictions on the 2010 merger of Live Nation and Ticketmaster.
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“The change in administration typically brings a change in the climate around anti-trust efforts and could impact a case such as Live Nation,” says Bill Morrison, a partner at Haynes and Boone. “It depends on the who are in those key spots, and then what the priorities are of those offices. We’ve seen big pivots in the past.”
Faced with the prospect of fewer regulations and an administration perceived to be pro-market, U.S. indexes posted big gains on Wednesday. The Dow Jones Industrial Average gained 3.6% to a record high. Similarly, the Nasdaq composite rose 3.0% and the S&P 500 improved 2.5% as both reached all-time highs. The NYSE composite gained 1.9% but fell short of its all-time high.
Stocks associated with Trump also fared well, including Tesla, whose CEO, Elon Musk, campaigned heavily for Trump. The company’s shares rose 14.8% while its competitors Rivian and Lucid Group fell 8.3% and 5.3%, respectively. Trump Media & Technology Group Corp., owner of the Truth Social app used by Trump, rose 5.9%.
Bitcoin rose 9.4% to an all-time high of $76,012 on Wednesday. Trump has signaled a laissez-faire approach to cryptocurrency and said he would quickly fire Securities and Exchange Commission chair Gary Gensler, a critic who has punished numerous crypto companies and favors tighter regulations. Trump himself is involved with a new cryptocurrency through World Liberty Financial, a decentralized finance startup that sells a token called WLFI.
In other music stocks news, music streamer LiveOne jumped 28.5% a day ahead of the company’s earnings release for the quarter ended Sept. 30 while iHeartMedia shares fell 12.6% following news that the radio broadcaster cut dozens of jobs at stations across the country this week.
South Korean K-pop giant HYBE said its net profit basically evaporated in the third quarter and total revenue slipped 2% after after the company earned less from concerts and saw reduced music sales, according to results published on Tuesday (Nov. 5).
HYBE’s net profit for the third quarter was 1.444 billion won ($1.05 million), a figure 98.6% lower than the third quarter of 2023 when the company reported of 99,690 billion won ($72.3 million). Total revenue for the third quarter of 527.9 billion won ($382.6 million).
HYBE’s biggest release of the quarter was the debut album, SIS, from KATSEYE, a six-member girl group formed over the summer as part of The Debut: Dream Academy, which spent two weeks on the Billboard 200, the company said.
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HYBE’s direct revenue — which comes from its recorded music business, concerts, and things where artists are directly involved — fell by 15.5% to 323 billion won ($234 million). Revenue from its recorded music division declined by nearly 19% to 214.5 billion won ($155.5 million), while concert revenue fell nearly 15% to 74 billion won ($53.6 million). Revenue from ads and appearances rose by nearly 10% to 34.5 billion won ($25 million).
HYBE’s business lines that operate independently of their artists — like merchandising and sync licensing — performed much better, with revenue from artist-indirect involvement business lines rising by 32% to nearly 205 billion won ($148.5 million). Revenue from merchandise and licensing song rights rose by nearly 16% to 99 billion won ($71.9 million), contents revenue rose 64% to almost 80 billion won ($58 million) and fan club revenue rose by more than 23% to 26 billion won ($18.8 million).
The company’s operating profit margin saw significant improvement — up 4% — from the first quarter this year to 10.3% for the third quarter. Earnings before interest, taxes, depreciation and amortization (EBITDA), a measure of HYBE’s profit from its operations, fell by 16.4% to 81 billion won ($58.7 million).
HYBE has had an eventful few months. In July, the company appointed Jason Jaesang Lee as its new CEO and announced its “HYBE 2.0” growth strategy, which reorganizes the company, pushes a global expansion and focuses on tech-driven initiatives.
The company has also been embroiled in a dispute with Min Hee-jin, ex-CEO of the company’s label subsidiary ADOR — home to chart-topping girl group NewJeans — regarding HYBE’s claim that Min tried to take control of ADOR and NewJeans.
Olivia Rodrigo and John Summit easily had two of the biggest tours in 2024. They will both appear on November 14 at the Billboard Live Music Summit and Awards in partnership with AEG Presents to talk about their experiences on the road and how they’ve grown as touring artists. AEG Presents is a world leader in the music and entertainment industry. From the Coachella Valley Music & Arts Festival to global tour promotion for superstars like Taylor Swift, Sabrina Carpenter and many more, they are a part of every step of creating a live music experience, which will all be covered at the Billboard Live Music Summit and Awards. There will be panels featuring top agents, leaders in sound design, and Taylor Swift’s Eras Tour producer, Louis Messina.
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Olivia Rodrigo will take part in a superstar Q&A where she will talk about upgrading from theaters to arenas for her GUTS World Tour, selecting opening acts like Gracie Abrams and Chappell Roan, and integrating her Fund 4 Good initiative into her massively successful shows. She will also receive the Touring Artist of the Year award.
John Summit will sit down with his longtime manager Holt Harmon for a conversation moderated by Billboard’s Katie Bain. Inside the Rise of John Summit will explore how he went from playing small bars and clubs to selling out Madison Square Garden. They’ll share insights into his creative process and how he created his chart-topping hits.
Louis Messina will receive the Touring Titan Award and be recognized as the Executive of the Year for his work on Taylor Swift’s record-breaking Eras Tour. He will also sit down with Billboard’s Melinda Newman for The Power Players Conversation to talk about his past experiences working with artists like Ed Sheeran, Shawn Mendes, and Tim McGraw, and plans for the future, shaping the next generation of touring superstars.
This year’s Billboard Live Music Summit and Awards will also feature the Festival of the Future panel where top executives will discuss how innovations in sound, video, and immersive media are transforming the festival experience. The Agents Power panel will bring together top agents from WME, CAA, UTA, AGI, and Arrival Artists to cover all things related to artist development and representation.
Billboard Live Music Summit 2024 returns on November 14 in Los Angeles. Click here for more information, the programming schedule, and to buy tickets.
Ten-time ASCAP songwriter of the year Ashley Gorley is donating royalties from the Billboard Country Airplay chart-topping hit “I Am Not Okay,” written by Gorley with co-writers Taylor Phillips and Casey Brown, and recorded by Jelly Roll, to help aid mental health initiatives for those in the songwriting community.
Gorley, who is also known for writing No. 1 hits including the Morgan Wallen/Post Malone 16-week Hot 100 chart-topping “I Had Some Help” and other hits recorded by Carrie Underwood, Chris Stapleton, Kelsea Ballerini and more, is commemorating the success of “I Am Not Okay” by supporting the launch of a program by The Onsite Foundation, aimed at helping the creative community. The Creatives Support Network will provide free mentorship, education, resources and mental wellness support specifically created to help members of the songwriting community.
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“A song about struggling to get out of bed in the morning is No. 1 and that really speaks to where we are in the world,” Gorley said in a statement. “It was important for us to take this moment to say ‘you’re not the only one,’ and to support a creative network with programming that is tailored to songwriters at any stage of their journey.”
Songwriter-focused intensives are a key part of the program, including two-day immersive, individual or group coaching and therapy sessions designed for creatives. The program also includes mentorship, social impact initiatives and online curriculum and conversation resources complimentary to the creative community, thanks to Gorley giving 80 grants for 80 individuals, in addition to program infrastructure support.
“This song in particular, along with the Jelly Roll Era, is creating a movement and timely conversation regarding the need to equip creatives with necessary tools to optimize their personal and professional pursuits,” Onsite’s Miles Adcox said in a statement. “I’ve been at the intersection of Music and Mental Wellness for the better part of my career and have experienced firsthand the challenges and opportunities facing today’s creatives. Music is medicine, and the comfort, relief, support, and overall impact it provides globally to humanity is immeasurable. Our storytellers are a national treasure we should pour into and protect at all costs. We’re grateful to Ashley, Jelly Roll, and the Tape Room writers for starting this conversation in the songwriting community and for lending their expertise and resources.”
The Jelly Roll hit “I Am Not Okay” offers an honest portrayal of the struggles many face with mental health issues. The song is from Jelly Roll’s recent Billboard 200-topping album Beautifully Broken.
Among Gorley’s recent accolades are ACM songwriter and song of the year for the Cole Swindell hit “She Had Me at Heads Carolina,” and ASCAP’s country song of the year with Wallen’s “You Proof.” Gorley was also honored as NSAI’s Songwriter of the Decade for 2010-2019.
In 2011, Gorley, a Belmont University graduate, also formed his own publishing company, Tape Room Music, with a roster that includes his “I Am Not Okay” co-writers Brown and Phillips.
Political spending among the major players in the live music industry has largely remained flat this election cycle, while contributions by individuals working at Live Nation were up slightly over past years and money spent on lobbying members of Congress dropped in 2024, according to election data reviewed by Billboard.
At Anschutz Entertainment Group (AEG), owner Phil Anschutz spent $1.9 million supporting this year’s Republican reelection efforts but opted not to throw any support behind presidential candidate Donald Trump. Anschutz has never supported the brash presidential candidate, but though AEG boss is sinking millions of dollars into efforts to flip the Senate for Republicans.
Live Nation chief executive Michael Rapino, on the other hand, gave $25,000 in political donations to mostly Democratic Senate candidates and causes, records show, while the usually politically active James Dolan, chairman of Madison Square Garden Entertainment, made a single $25,000 donation this election cycle to Secure NYS PAC, a shadowy political action committee created to defeat House member Tom Suozzi (NY-D).
At Live Nation, executives donated about $387,000 to mostly Democratic candidates, a drop of about 6% compared to 2020, when executives donated $410,000.
The spending cycle comes during an unusually politically active year for the concert business, with a major ticketing reform package inching forward in Congress and the Department of Justice’s investigation of Live Nation on anti-trust grounds making its way through the courts.
Neither political cause has driven major spending by Rapino or his long-time rival Anschutz, who has once again sunk hundreds of thousands of dollars into an effort to flip the Senate over to the Republicans. Anschutz, a Colorado billionaire who made large parts of his fortune in energy, railroads and communications, has long supported groups like the National Republican Senatorial Committee. This year, Anschutz made more than 200 donations totaling $1.9 million to right-leaning political groups, the bulk of which went to political groups supporting Senate Republicans like John Cornyn, John Thune and former House Speaker Kevin McCarthy. Anschutz also spent $1.9 million during the 2016 cycle and $836,000 during the 2020 cycle.
Rapino spent considerably less than Anschutz this election cycle, with his biggest political contribution being the $10,000 he donated to Live Nation’s political action committee, which gave $200,000 to candidates from both political parties this cycle. As an individual donor, Rapino cut about $4,600 in donations to Democratic U.S. Senate candidate Jacky Rosen in Nevada and supported Adam Schiff’s campaign for Senate in California, as well as the campaigns of high-profile California House members Katie Porter and Eric Swalwell.
Meanwhile, Gregg Maffei, president/CEO of Liberty Media and the chairman of Live Nation Entertainment, spent more than $112,000 on conservative politicians and political causes, mostly supporting the presidential candidacy of Trump and Senate Republicans. That’s significantly down from the 2020 election cycle when Maffei spent $420,000 on right-wing political causes and politicians, and the 2016 cycle when he spent $324,000.
In the future, every technology company will have a celebrity advisor.
The latest is Timbaland, who is working with the generative AI company Suno on “day-to-day product development and strategic creative direction,” according to a late-October announcement. Timbaland is a hip-hop and R&B icon — a star songwriter, an innovative producer and a compelling performer. (His performance at the June Songwriters Hall of Fame gala was stunning.) As much of a genius as Timbaland is, however, it seems reasonable to wonder where he’s going to find the time for software development.
It also seems reasonable to wonder whether Suno hired him for more than his vision. As Suno faces controversy and litigation from rightsholders arguing that AI companies need to license the music they use to train their software, Timbaland may be there to make a case that this doesn’t matter that much. (Neither Suno nor a representative for Timbaland would comment on the nature of Timbaland’s deal.) In other words, Timbaland is there to do for Suno what Limp Bizkit and Chuck D tried to do for Napster — position the company with users but against the majority of creators and rightsholders.
It seems like ancient history now, but within a month after Metallica sued Napster in April 2000, Limp Bizkit and Chuck D stood with the company against the band, Dr. Dre (who sued a few weeks later) and most of the music business. Limp Bizkit played a few weeks of Napster-sponsored free shows, and Bizkit frontman Fred Durst said the company offered fans a great way to sample albums before buying them. Around the same time, Chuck D wrote a New York Times op-ed supporting Napster and announced that he was working with the company on a contest. The company’s subsequent bankruptcy filing contained a reference to a payment to Chuck D for “the cost of speaking engagements and support,” according to Joseph Menn’s excellent All the Rave: The Rise and Fall of Shawn Fanning’s Napster.
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Then, and perhaps now, the idea was to position a startup backed by venture capitalists as being on the side of artists. Suno is “the best tool of the future,” Timbaland has said. “It allows you to get any idea in your imagination out of your head.” Suno has already positioned itself as a disruptor, arguing in its response to the major label lawsuit that “What the major record labels really don’t want is competition.” Maybe. But the lawsuit is over Suno’s alleged ingestion of copyrighted recordings in order to train its software.
This kind of maneuvering isn’t so unusual. For decades, Silicon Valley has introduced innovations with a predictable strategy: Ask forgiveness instead of permission, then take political issues directly to users. This strategy, as much as the technology involved, allowed Uber and Airbnb to grow so big that it can be hard to remember that they are basically high-tech ways to get around local taxi and hotel regulations. Uber and Airbnb are essentially in the business of regulatory arbitrage — they face less regulation than their legacy-company competitors, so they often come out ahead. And they were able to stay in business at least partly because they very quickly grew too big to fail. No politician wants to be known for making it harder to book a car or a hotel.
Suno and other generative AI platforms are less problematic, because they would compete more fairly with other tools to make music. The only question is whether the company should compensate rightsholders — including, presumably, Timbaland himself. The lawsuit against Suno will get complicated — one of these AI cases could end up going to the Supreme Court. But creators who want to be compensated for the use of their work aren’t against AI music tools any more than Metallica was against digital distribution — they want to get paid for the use of their work.
At least one creator will almost certainly make a lot of money from Suno: Timbaland. And although it might look bad for him to be on the other side of the issue from most musicians, this has been a reliable way to make money. One of the big winners of the Early Digital Music Age — the 1999 introduction of Napster to the 2011 U.S. launch of Spotify — was Alanis Morissette.
Yes, really.
When MP3.com sponsored one of her tours, in 1999, Morissette invested $217,355 into early-stage shares of the company, which — well, it was never entirely clear how it would actually make money, but that address was really hot at the time. She made more than a million dollars selling only some of the stock.
At the same time, it’s worth remembering how these moves look years later. From a 2024 perspective, it seems smart that Metallica and Dr. Dre sued Napster, because that company’s demise paved the way for licensed, commercial streaming services. Cracker frontman David Lowery and Taylor Swift can also say they were on the right side of history when it comes to creators’ rights. In retrospect, Limp Bizkit and Chuck D seem a bit naive. Years from now, Timbaland, as talented as he is, may seem the same.
This is The Legal Beat, a weekly newsletter about music law from Billboard Pro, offering you a one-stop cheat sheet of big new cases, important rulings and all the fun stuff in between.
This week: Young Thug ends his years-long YSL RICO case with a guilty plea that results in no prison time; UMG accuses distributor TuneCore of “industrial-scale copyright infringement”; Ed Sheeran wins a case over “Let’s Get It On,”; Metro Boomin faces a sexual assault lawsuit; and much more.
THE BIG STORY: Young Thug Heads Home
And just like that, it was all over for Young Thug. More than two years after the Grammy-winning rapper was arrested as part of a sweeping Atlanta gang case, he pleaded guilty and was sentenced to serve just 15 years probation with no prison time — a stunning end to a legal saga that rocked the music industry.
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Pitting prosecutors in America’s rap capital against one of hip-hop’s biggest stars, the case against Thug and his alleged “YSL” gang raised big questions — about the fairness of the criminal justice system; about violent personas in modern hip-hop; and about prosecutors using rap lyrics as evidence.
Thug, a chart-topping rapper and producer who helped shape the sound of hip-hop in the 2010s, was accused of being the kingpin of a violent gang that had wrought “havoc” on the Atlanta area for nearly a decade. But the case was a mess from the start, featuring endless witness lists, procedural missteps, a jailhouse stabbing and a bizarre episode that saw a judge removed from the case.
How did Young Thug go from that mess — the trial had no end in sight and was set to run well into 2025 — to walking away a free man? Go read my deep dive on the YSL endgame to find out.
Other top stories this week…
“RAMPANT PIRACY” – Universal Music Group filed a lawsuit against TuneCore and parent company Believe over allegations of “massive” copyright infringement, accusing the digital distributor of serving as a “hub” for the widespread dissemination of illegal copies of songs on streaming platforms and social media services, including those by Justin Bieber, Ariana Grande, Rihanna, Kendrick Lamar, Lady Gaga and many others. Seeking a whopping $500 million in damages, UMG claims TuneCore pursued “rapid growth” of its DIY distribution services by turning a blind eye to “rampant piracy” among its users: “Believe is a company built on industrial-scale copyright infringement,” said the lawsuit. In a statement, Believe and TuneCore said they “strongly refute these claims” and would “fight them” in court.
“MUSICAL BUILDING BLOCKS” – Ed Sheeran won a ruling at a federal appeals court confirming that his “Thinking Out Loud” did not infringe the copyright to Marvin Gaye‘s “Let’s Get It On,” effectively ending one of several cases over the sonic similarities between the two hits. The lawsuit argued that Sheeran copied a chord progression and rhythm from Gaye’s iconic track, but the appeals court said the two songs share only “fundamental musical building blocks” that are “ubiquitous in pop music” — and that granting a “monopoly” on them to any single songwriter would “threaten to stifle creativity.”
METRO ALLEGATIONS – Superstar producer Metro Boomin was hit with a civil lawsuit over allegations that he raped and impregnated a woman named Vanessa LeMaistre during a drug-and-booze-fueled incident at a recording studio in 2016. The lawsuit claimed that the alleged assault was referenced in a song he produced — a surprising accusation, given that Metro does not write lyrics or rap himself and the lyrics in question were by 21 Savage and Offset.
TEKASHI ARRESTED – Tekashi 6ix9ine (Daniel Hernandez) was arrested and charged over allegations that he violated a plea agreement struck with prosecutors when he infamously agreed to testify against his former Brooklyn gangmates back in 2018. The provocative rapper had just six months left on the five years of supervised release he secured under that deal, but prosecutors accused him of traveling to Las Vegas without permission and failing a drug test for meth. Tekashi denied the charges at an arraignment hearing, but the judge — the same one who signed off on the plea deal — cited a “full spectrum disregard for the law” and ordered him held until his next court date later this month.
MEGAN THEE PLAINTIFF – Megan Thee Stallion sued a YouTuber and social media personality named Milagro Gramz (Milagro Elizabeth Cooper), accusing her of “churning out falsehoods” about the criminal case stemming from the 2020 incident in which Tory Lanez shot Megan in the foot. Calling Gramz a “mouthpiece and puppet” for Lanez, the superstar seemed intent on using the case as a warning shot to other bloggers who allegedly share false information about the high-profile case: “Enough is enough.”
“OPAQUE AND UNFAIR” – A federal appeals court ruled that Live Nation and Ticketmaster must face a class action claiming they abuse their dominance to charge “extraordinarily high” prices to hundreds of thousands of ticket buyers. In doing so, the court rejected Live Nation’s argument that fans had signed agreements that required them to resolve disputes via private arbitration. The court not only called those agreements “unconscionable and unenforceable” but also “opaque and unfair”; “poorly drafted and riddled with typos”; and “so dense, convoluted and internally contradictory to be borderline unintelligible.”
CASSIE VIDEO CLASH – Prosecutors in the case against Sean “Diddy” Combs told a federal judge that they had not been behind the leaking of the infamous 2016 surveillance video showing the rapper assaulting his ex-girlfriend Cassie Ventura, arguing that such accusations were merely gamesmanship by Diddy’s defense team with the goal of trying to “suppress a damning piece of evidence.”
DIDDY ACCUSER UNMASKED – A federal judge in one of the many civil cases against Combs ruled that one of his accusers cannot use a “Jane Doe” pseudonym, saying her right to avoid “public scrutiny” and “embarrassment” does not trump Diddy’s right to defend himself against such “heinous” allegations. The ruling is not binding on other judges, but it could influence how they handle the issue of numerous other cases that have been filed against Combs by Doe plaintiffs.
MADLIB v. EGON – Hip-hop producer Madlib filed a lawsuit against his former manager Eothen “Egon” Alapatt over allegations of “rank self-dealing,” claiming the exec abused his role to claim undue profits from Madlib’s music and commit other alleged misdeeds. The case claims that Egon believes he can “keep profiting from Madlib work and goodwill because there is nothing Madlib can do about it” and is demanding that the artist “buy him out” if he wants to end the relationship.
The world’s biggest broadcast company, iHeartMedia, has laid off another round of employees in recent days, as the debt-plagued radio industry continues to contract during the music-streaming era. “Right now, it seems like the business model they’ve had the last few years, of making one person do 40 people’s jobs, is where it’s going,” says Nick Jordan, an assistant program director of Raleigh, N.C., country station WNCB until he lost his iHeart job Monday (Nov. 4). “But we did a good job, for as long as we could, keeping everything local and community-oriented.”
A rep for iHeart, which owns 860 stations in 160 U.S. markets and advertises “there’s a local iHeartRadio station virtually everywhere,” would not specify the number of recent layoffs, which follows a wave of job cuts in March and others since the pandemic. Radio-news outlets such as Radio and Music Pros and Barrett Media have listed more than a dozen laid-off names this week, including morning-show hosts, promotion and programming execs and big-city regional directors. Jordan said he was watching a video Monday morning of Bill Squire, an iHeart colleague who lost his job in Cleveland, when “one of the big bosses” walked into his own station to deliver the news.
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“S— happens,” says Jordan, 31, a nine-year industry veteran. “It’s part of the radio business.”
Although radio listenership has declined, according to some studies, the business remains resilient, drawing 82% of adult Americans as of 2022. And while major labels such as Universal and Atlantic have correspondingly laid off radio-promotion employees over the past year, the medium is still important for breaking hits, especially in country and other genres.
According to Wendy Goldberg, an iHeart spokesperson, “very few jobs” have been affected in the 10,000-employee company. She rebuts data that suggests a decline in audience consumption.
“Our broadcast radio audience has more listeners than it did 10 years ago,” she says, citing a Nielsen study that shows that younger listeners increased slightly in the third quarter of this year. She adds that iHeart remains “the No. 1 podcast publisher, bigger than the next two combined, and we’re five times the size of the next largest digital-radio service.”
“We’ve been able to achieve this by modernizing the company and increasing our use of technology,” Goldberg says in a statement. “These changes are another step in that journey.”
Squire, a stand-up comedian who has co-hosted the Alan Cox Show on Cleveland rock station WMMR since 2013, received the news of his layoff by phone Monday a.m. “They assured me it’s not performance-based: ‘There are big cuts across the company and there’s nothing they can do,’” he recalls.
Squire, who plans to return to the road as a touring comic, promoting his album We’re Getting Famous, says the radio business is “cutting costs wherever they can.” While Jordan is hopeful the “pendulum will swing back a little bit,” Squire says of media cuts: “You see it in radio, you see it in TV, a lot of Hollywood is out of business right now. The entertainment field has changed so quickly with the Internet and YouTube and podcasts that legacy media is just trying to catch up and figure out how to adapt to it.”