Business
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Snoop Dogg and the label that pays him have signed new deals with Reservoir Media, covering the legendary rapper and entrepreneur’s domestic publishing for his entire catalog and future works, as well as the publishing catalog of Death Row Records, which Snoop scooped up in 2022.
Born Calvin Broadus Jr. in the LBC, Snoop glided into fame in 1992 after featuring on Dr. Dre’s debut single, “Deep Cover,” before making several star-affirming turns on Dre’s game-changing album The Chronic (“Nuthin’ but a ‘G’ Thang,” “Let Me Ride”). A year later, he released his own multi-platinum album, Doggystyle, via Death Row, featuring West Coast hip-hop classics like “Gin and Juice” and “What’s My Name?” He has released 19 solo albums, with his 20th, Missionary, currently in production with Dre. His lengthy list of hits over the years includes “Drop It Like It’s Hot” and “Beautiful” plus collabs like “The Next Episode” with Dre, “California Gurls” with Katy Perry and “Young, Wild & Free” with Wiz Khalifa, to name a few.
In addition to 16 Grammy nominations and a star on the Hollywood Walk of Fame, Snoop has built a broad business portfolio, acted in dozens of films, including Soul Plane and this year’s The Garfield Movie, and is a prolific signer of product endorsement deals. Recently, his commentary and enthusiasm charmed NBC viewers at the Paris 2024 Olympics, and last night (Sept. 23) he made his debut as a coach on NBC’s The Voice.
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After acquiring Death Row Records, the label that released his debut album along with early works by Dr. Dre and 2Pac, Snoop established a publishing arm for the label. The Reservoir deal includes hits like “Hail Mary” and “I Ain’t Mad At Cha” by 2Pac, ensuring that Death Row’s legacy continues under Snoop’s leadership.
Financial details of the arrangement were not disclosed.
Reservoir executives expressed excitement about working with Snoop and supporting his legacy. Golnar Khosrowshahi, Reservoir’s CEO, highlighted the significance of the partnership in preserving Death Row’s influence, adding “Snoop has come full circle with Death Row, showcasing his ongoing dedication to upholding its rich history – something Reservoir has proven as a core value and area of expertise across our business.”
Donna Caseine, Reservoir’s executive vp and global creative director, lauded Snoop’s impact on hip-hop and popular culture over the past three decades: “Legendary artists only need one name. Snoop is part of that echelon. From music, to brands, television, and film, his acumen represents excellence,” she said. “For the last three decades he has been a pillar of hip-hop music and popular culture. He helped write Death Row Records into music’s history books.”
The Maida Vale studios in west London is one of the capital’s most historic recording studios. Belonging to the BBC for nearly 80 years, the complex was home to the BBC Symphony Orchestra and hosted recording sessions by pop and rock royalty.
The BBC announced its closure in 2020, but in 2023, a group led by famed composer Hans Zimmer bought the complex with hopes of restoring the studios to their former glory.
Initial plans for a revamp at the £10 million valued studios have now been shared by the group, which includes Zimmer (The Lion King, Interstellar), and his business manager Steven Kofsky, alongside film producers Tim Bevan and Eric Fellner, as reported by the BBC.
On a dedicated website, MVS Partnership LLP have outlined their plans to improve the structure of the studios, as well as three new “state-of-the-art” studios for writing and composing.
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As consultations for the work begin, the group have proposed a “retrofit-first approach with sustainable design to improve energy efficiency.” The group have cited carbon concerns with the demolition of the building, and are proposing to retain much of its existing fabric to “minimise” the impact.
The group is yet to submit a formal planning application to Westminster City Council. You can read the full consultation here.
From 1946, the complex was a regular fixture in BBC broadcasts, featuring on Radio 1, 2, 3 and in filmed television episodes on BBC One and more.
In 1967, it became the home of the Peel Sessions, hosted by BBC Radio DJ John Peel and hosted iconic performances by The Smiths, David Bowie, Dusty Springfield and Fleetwood Mac.
Upon news of the purchase in 2023, Zimmer said that the goal was to “make Maida Vale Studios a place that inspires, teaches, technologically serves the arts and humanity, and gives the next generation the same opportunities I was given: to create and to never give up.” The online consultation will run until October 11.
LONDON, U.K. — Long-serving executive Dickon Stainer has been appointed chairman and CEO of Universal Music U.K., succeeding David Joseph, who announced he was stepping down from the role after almost 17 years in charge on Monday (Sept. 23).
Stainer’s appointment was announced in a memo from Lucian Grainge sent to staff on Tuesday (Sept. 24). For the last 10 years, Stainer has served as president and CEO of Universal Music Group’s Global Classics and Jazz division, splitting his time between London and New York.
“Dickon has embraced an expansive musical worldview throughout his career, taking artists from a wide variety of genres and bringing them to audiences globally,” said Grainge in the memo, which has been viewed by Billboard, and accompanying press release.
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“He not only has deep experience in leveraging our worldwide organization on behalf of our artists, but a track record that includes global commercial and creative artist successes and countless awards in many countries,” said Grainge, who thanked outgoing CEO and chairman David Joseph for his “many contributions. He leaves with our gratitude.”
In his new role, Stainer will be responsible for leading the overall management and strategic direction of Universal Music U.K., including Island EMI Label Group, Polydor Label Group, Decca Records, the recently formed Audience and Media Division, as well as Abbey Road Studios.
In addition to his new responsibilities, Stainer will continue his long association with UMG’s Global Classics and Jazz division in the capacity of chairman, Grainge told staff. Announcements regarding new leadership roles and internal promotions in these businesses will be made shortly, said the UMG chief.
“It is an honour to be asked by Sir Lucian Grainge to lead Universal Music U.K. The depth of talent that we have at the company, coupled with our remarkable roster of artists, gives me tremendous confidence in what we can achieve together,” said Stainer in a statement.
He continued: “Having worked in both the international and domestic divisions of UMG, I know how central the U.K. is to the global music industry – a vital repertoire source that provides the world with great artists and great music. I can’t wait to get started.”
The reorganization at the top of Universal U.K. comes just a few months after the company announced it was merging its historic Island and EMI label divisions and forming two new frontline label groups: Island EMI Label Group, headed by Louis Bloom as president, and Polydor Label Group, led by Ben Mortimer.
The U.K. arm of Universal Music is additionally launching a new Audience and Media Division to support artists and labels, headed by Rebecca Allen.
SYDNEY, Australia — Empire now has an outpost in Australia.
The Bay Area hip-hop juggernaut recruits label veteran Cameron Walsh to lead its activities in these parts as Australian territory manager.
“I’m privileged and elated to be joining the empire that is Empire, leading the label’s expansion into Australia,” Walsh comments on LinkedIn. “Empire Australia is open for business.”
Based in Sydney, Walsh brings to the role a stack of experience accumulated from major and independent labels, from Sony Music to Universal Music, EMI, Comes With Fries, and most recently with [PIAS] Australia/Inertia Music, where he served as director of label services & head of digital – Australia, New Zealand.
Empire founder and CEO Ghazi Shami confirmed the business’ latest move during an onstage interview last week at All That Matters 2024 in Singapore.
“It was something that we were looking for, for a long time,” Ghazi said during a Q&A at Hilton Singapore Orchard. “We’re really picky about the people that we select in territories to plant the flag because they have to be representative of our ethos of our cultural composition, and there has to be some type of commitment to excellence that we perceive.”
Empire launched in San Francisco back in 2010 as a digital distribution specialist. A year later, Spotify arrived in the United States.
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As its name would suggest, the company grew into a vertically-integrated powerhouse with some 250 global staff, and is active in every conceivable part of the music industry.
Ghazi’s company is recognized as a force in hip-hop and the surging Afrobeats genre. This year, Empire has enjoyed a smash hit this year with Shaboozey’s “A Bar Song (Tipsy),” which logged multiple months at No. 1 on the Billboard Hot 100, smashing chart records along the way. The single also went to No. 1 on Australia’s ARIA Chart and cracked the top 10 in the U.K. “A Bar Song (Tipsy)” earns an 11th week at No. 1 on the Billboard Hot 100, extending 2024’s longest reign.
“The music that they’re making here is, honestly, the most culturally important thing I’ve done in my entire career, and I’ve been in the music business since I was 14,” Empire founder/CEO Ghazi told Billboard in 2023. “These guys are the kings of where they come from, and they’re about to be the kings of everywhere if we keep doing what we’re doing. It’s phenomenal to see what’s happening.”
Incubus, Lollapalooza and music entrepreneur Steve Rifkind are among those who will be honored by Music Forward Foundation at its second annual awards brunch on Sunday, Oct. 6 at City Club Los Angeles. Music Forward Foundation is a national non-profit and Live Nation’s charity partner.
The awards brunch will honor these six individuals or organizations:
Incubus will receive the tour award celebrating not only their music but also their philanthropic efforts through the Make Yourself Foundation. That foundation, established in 2003, supports a wide range of causes including sustainability, disaster relief and arts education.
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Lollapalooza will receive the festival award for revolutionizing the music festival landscape – growing a small, innovative festival in Chicago’s Grant Park in 1991 that blended genres and introduced multiple stages into a global phenomenon, all while supporting arts education in Chicago public schools through the Lollapalooza Arts Education Fund with programs like Immersion Day and the Lollapalooza & Sueños Festival Job Fair.
Rifkind will be presented the executive award by Grammy-winning musician and producer Eric Krasno for his impact on the industry through Loud Records, SRC Records and Spring Sound. Rifkind has been instrumental in the success of such hip-hop acts as Wu-Tang Clan, Remy Ma and Mobb Deep.
BMG will receive the corporate award for its dedication to creating equitable opportunities and supporting the next generation of industry professionals. The company’s innovative approach extends to its partnership with Music Forward, providing paid internships and mentorships to diverse youth since 2020.
Actress, producer and civil rights activist Gina Belafonte and Sankofa.org will be presented the community award by actor Jesse Williams. Founded by Gina’s father, the late Harry Belafonte, Sankofa.org is dedicated to empowering artists to use their voices for meaningful change while addressing social justice issues.
Brooklyn Bowl, co-founded by Peter Shapiro in 2009, will receive the venue award. With locations in Brooklyn, Las Vegas, Nashville and Philadelphia, Brooklyn Bowl has become an institution. The venues are also a leader in sustainability, as the first bowling alley in the world to achieve L.E.E.D. certification, utilizing wind-powered lights and incorporating recycled materials.
The catered brunch will feature live performances.
The charity’s second annual golf classic is set for Monday, Oct. 7 at El Caballero County Club in Tarzana, Calif. Meals, cocktails, activations and gifting will be provided by local vendors. For more information, visit musicforwardfoundation.org.
Last year’s inaugural events raised more than $350,000 for programs empowering youth in the music industry.
Over more than 30 years, Music Forward Foundation has sought to transform young lives, inspire careers and champion a more inclusive music industry. To date, the organization has served over one million young people and provided more than $42 million in scholarships, workforce opportunities, relief funds and more.
Ice Spice has reached an agreement to end a copyright lawsuit over allegations that her recent hit “In Ha Mood” was copied from a Brooklyn rapper’s earlier track.
The case, filed earlier this year by a rapper named D.Chamberz (Duval Chamberlain), claimed that Ice Spice’s song – which spent 16 weeks on the Hot 100 in 2023 – was “strikingly similar” to his own 2021 track “In That Mood.”
But in a motion filed in federal court Friday, attorneys for both sides said they had agreed to resolve the lawsuit. Specific terms of the deal were not disclosed in court filings, and neither side immediately returned requests for comment.
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Released early last year following Ice Spice’s 2022 breakout, “In Ha Mood” reached No. 58 on the Hot 100 and No. 18 on the US Hot R&B/Hip Hop Songs chart. It was later included on her debut EP Like..?, and she performed the song during her October appearance as the musical guest on Saturday Night Live.
In a lawsuit filed in January, D.Chamberz claimed that the two songs share so many similarities that the overlaps “cannot be purely coincidental.” He said the similar elements “go [to] the core of each work,” and are so obvious that they’ve already been spotted by listeners.
“By every method of analysis, ‘In Ha Mood’ is a forgery,” D.Chamberz’s attorneys wrote at the time. “Any proper comparative analysis of the beat, lyrics, hook, rhythmic structure, metrical placement, and narrative context will demonstrate that ‘In Ha Mood’ was copied.”
The lawsuit claimed the earlier song received “significant airplay” on New York City radio stations, including Hot 97 and Power 105.1, giving Ice Spice and others behind her track a chance to hear it.
In addition to naming Ice Spice (Isis Naija Gaston) as a defendant, the lawsuit also names her frequent producer, RiotUSA (Ephrem Lopez, Jr.), as well as Universal Music Group, Capitol Records and 10K Projects.
In April, the defendants formally denied the lawsuit’s allegations, but the case remained in the earliest stages when Friday’s agreement was reached.
Blake Shelton has a new label home, signing with BBR Music Group/BMG Nashville. Oklahoma native Shelton, who has earned 28 No. 1 Billboard Country Airplay hits during his career, is currently in the top 10 on the Country Airplay chart with his Post Malone collaboration “Pour Me a Drink.” During the course of his career, […]
Two independent music festivals that had hoped to generate approximately $70,000 in revenue by quietly scalping their VIP tickets through the since-shuttered ticketing company Lyte now each face more than $300,000 in losses, court records show.
The festivals are represented in two lawsuits — one filed by organizers of Chicago’s North Coast Music Festival in New York court and the other, Ohio’s Lost Lands Festival in Los Angeles court. The suits provide the first insights into the collapse of Lyte, which suddenly ceased operating earlier this month.
The sudden closure of the company, without any warning to its hundreds of clients, revealed that Lyte CEO Ant Taylor, a Princeton graduate and former media executive, had quietly shifted the business into large-scale ticket scalping in recent years. Lyte was marketed to the public as a fan-to-fan ticket exchange, but documents from recent lawsuits show that Lyte’s main source of revenue came from working directly with promoters to scalp hundreds of thousands of dollars’ worth of VIP tickets for their events to Lyte, which would then resell those tickets at large markups, splitting the upside between the promoter and itself.
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According to one court document, of the 3,064 tickets listed on Lyte for the North Coast Music Festival in Chicago (Aug. 30-Sept. 1) only 89 tickets came from fan listings. Lyte would use those fan listings to drive traffic to an additional 2,975 tickets posted directly on Lyte by the event’s promoters, with a collective face value of approximately $287,750.
Lyte was able to scalp those tickets on its own marketplace and generate $426,912 in revenue — a price lift of nearly 48%, or approximately $139,162 total — which it would then split 50-50 with the promoters. North Coast Music Festival’s cut of the action was to be $69,581, which represents a 24% increase in revenue over their original allocation.
But none of the above mentioned revenue was paid to the dance-centric NCMF festival and the festival was also never paid back for the $287,750 in revenue from tickets it listed on Lyte.
The team behind Lost Lands Music Festival, which takes place each September in Legend Valley, Ohio says its owed $330,000 for the tickets it sold on Lyte, plus the upside it generated from the markups. According to the Lost Land’s lawsuit (filed under its corporate name of APEX Management), Lyte paid APEX a $100,000 advanced fee for using the ticketing platform, which APEX repaid by early September.
Much of Lost Land’s lawsuit is heavily redacted, although the suit does provide some clues about the timeline surrounding Lyte’s collapse.
According to a court filing, APEX’s consultant for Lost Lands, concert giant AEG Presents, had learned that Taylor had resigned as Lyte’s CEO on Sept. 12, and “that Lyte had ceased virtually all of its business operations and laid off virtually all of its employees,” attorney Eric Levinrad writes in a recent court filing.
The lawsuits states that two days later, officials with AEG made contact with Lyte’s CFO Lisa Bashi and learned “she could not commit to the timing of any payment or even that there would be a payment,” for money owed to Lost Lands. “Ms. Bashi further stated that this was an unfortunate scenario, and that defendant was hiring an outside company to help consult on how to wind down operations (Id.), making it clear that Defendant had become insolvent.”
On Sept. 18, an LA Superior Court judge overseeing the Lost Lands case approved the festival organizers’ request for a writ of attachment, allowing organizers to seize Lyte’s property before a judgment is entered, ensuring that Lyte’s assets are available to pay Lost Lands the $330,000 it is owed.
The failed payments come with significant risk for festivals, managing director of APEX Event Management Brett Abel said in a declaration filed in LA court, writing, “APEX will have to urgently find alternative sources of revenue to pay the vendors and artists who will be working at the festival, to make up for its planned share of the secondary market ticket sales,” increasing the risk that APEX would “suffer a loss from the festival rather than break even or to make some profit.”
Kesha is going independent. Today, the Grammy-winning artist announced a new deal with the independent label and artist services of Warner Music Group, ADA, via her newly launched label Kesha Records.
“I am proud to announce this partnership for the distribution of my music through Kesha Records. My name has become synonymous with transparency, integrity, and safety, and I want to ensure that these values are upheld for myself and any future artists signed to my label,” Kesha said in a release. “Music has the power to connect the world, and I aspire for my work to be a beacon of light and goodness. I am excited to take control of my narrative and rewrite my story in the music business.”
The partnership will see ADA cover global distribution for Kesha’s future releases including her upcoming album due out in 2025, as well as the project’s current single, “Joyride,” which nabbed a top 10 spot on Billboard’s Hot Dance/Electronic Songs chart. ADA will also work in tandem with Crush Music, which manages Kesha, overseeing marketing and promotion for Kesha’s forthcoming album. This marks Kesha’s first distribution deal and gives her full creative control and ownership of her work.
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“Since the start of her career, Kesha’s authenticity has distinguished her as a true artist whose vibrant self-expression resonates strongly with her fans,” said ADA president Cat Kreidich in a release. “We believe ADA is the ideal home for her, and we’re honored and committed to supporting Kesha as an independent artist while maintaining her creative integrity and unapologetic bold-spirit.”
Kesha’s latest hit, “Joyride,” recently surpassed 50 million streams across all platforms and landed on the Spotify U.S. and Global Viral charts upon release, according to ADA. The star also recently hit major milestones with updated RIAA certifications. “TiK ToK” is now 12x platinum and “Timber” has become her second Diamond-certified single in the U.S. Other hits like “Die Young,” “We R Who We R” and “Praying” have reached 6x and 5x platinum. These achievements push her total U.S. sales over 75 million, according to ADA.
Kesha’s discography also encompasses two No. 1 albums on the Billboard 200 and 10 top 10 singles on the Billboard Hot 100. Kesha’s third studio album Rainbow debuted at No. 1 on the Billboard 200 and went on to land a Grammy nomination for best pop solo album in 2017. The album’s lead single “Praying” spent 21 weeks on the Billboard Hot 100 and also earned a Grammy nomination for best pop solo performance. Since then, she’s released two critically-acclaimed projects, High Road and Gag Order.
Attorneys for Jay-Z are now sparring with lawyers for New York City over whether he can use copyright termination to retake control of his debut album Reasonable Doubt – a crucial question ahead of court-ordered auction of Roc-A-Fella Records co-founder Damon Dash’s one-third stake in the label.
The city’s child services agency, which wants to collect the more than $193,000 that Dash owes in unpaid child support, warned a federal judge in court filings last week that Jay-Z was using “false” threats of an approaching termination to drive down the price of Dash’s stake in his company.
“Jay-Z’s statements to the press have poisoned the environment for the auction,” wrote Gerald Singleton, an attorney for the city. “Those statements are false and extremely damaging to the City’s interests in ensuring that the auction will generate sufficient funds to satisfy all existing child support arrearages and secure future child support payments.”
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But on Monday, longtime Jay-Z lawyer Alex Spiro fired right back on behalf of Roc-A-Fella, saying neither the rapper nor his company had issued any such statements and that there was “no merit to NYC’s accusations.” But he also confirmed that Jay-Z was in fact seeking to use termination to take back the album, Reasonable Doubt, in 2031 – and that prospective buyers could make up their own minds about what that means.
“Potential bidders have every right to assess whether they believe the notice of termination would be effective in 2031,” Spiro told the judge.
As early as next month, the U.S. Marshals Service will sell off Dash’s 33.3% interest in Roc-A-Fella Inc., an entity whose only real asset is the sound recording copyright to Reasonable Doubt. Though the court-ordered auction was originally intended to pay off an $823,000 judgment in a civil lawsuit, New York City jumped into the case over Dash’s child support debt. The state of New York later did the same, claiming Dash owes more than $8.7 million in back taxes and penalties.
The owners of the other two-thirds of Roc-A-Fella — label co-founders Jay-Z (Shawn Carter) and Kareem “Biggs” Burke — have already attempted to stop the auction, including making changes to the company’s bylaws and intervening in the lawsuit. But a federal judge rejected such opposition in February, and the sale could take place as early as Oct. 21.
As the auction approaches, a minimum purchase price has been set at $3 million. But it has remained unclear what exactly a potential winner would be buying.
Streaming and other royalties from Reasonable Doubt would likely provide a buyer with a revenue stream; since its 1996 release, the album has racked up 2.2 million equivalent album units in the U.S., according to Luminate, including 21,500 units so far this year. But the eventual buyer also would be a minority owner in a company controlled by hostile partners, with little ability to perform typical due diligence on the asset they’re about to purchase.
Another key question mark for buyers – and the source of this week’s dispute with NYC – is just how long Roc-A-Fella will continue to own its only real asset.
The termination right, a provision created by congress in the 1970s, empowers authors to reclaim ownership of copyrighted works decades after selling them away. If Jay is eligible for it, termination would allow him to win back the rights to his sound recording of Reasonable Doubt roughly 35 years after he released the album, meaning 2031.
But in their court filing on Friday, attorneys for New York City child services said Jay-Z was not, in fact, eligible for termination. They argued that he had created the album as so-called “work for hire” under a written contract with Roc-A-Fella – meaning the company had always been the legal owner of the copyright, and there were no rights to Jay to take back in the first place.
“He has claimed that he has a termination right under the Copyright Act and that the rights to Reasonable Doubt will revert to him in six years,” wrote Singleton, the NYC attorney. “In fact, he has no such termination right and RAF is entitled to the renewal term [and] will own the copyright rights until the year 2098.”
To address the problem, the city asked the judge to issue a definitive ruling on whether Jay-Z is eligible for termination – and to postpone the auction until he does so.
But in his response Monday, Spiro argued that the city “has no right to seek such a ruling.” He said the demand was premature, since Jay-Z will not formally take back the album until 2031, and that a city agency had no legal standing to raise such questions in court.
“Put simply, this is not the appropriate time, forum, or case to litigate any issues relating to Jay-Z’s notice of termination,” Spiro wrote. “This Court should therefore reject NYC’s request for an impermissible advisory opinion as to the effectiveness of Jay-Z’s notice of termination.”