Business
Page: 127
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.
Trending on Billboard
“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.
Trending on Billboard
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.
Trending on Billboard
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.
Trending on Billboard
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.
Trending on Billboard
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.
Trending on Billboard
“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.”
Trending on Billboard
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.”
Range Music Publishing, a division of Range Media Partners, has finalized an exclusive global administration deal with Universal Music Publishing Group. This marks a major expansion of Range’s existing partnership with Universal, which includes a deal with Capitol Music Group and Virgin Music Group on the recorded music side.
News of the administration deal with UMPG comes just after Range Music Publishing announced the signing of Sean Cook, one of the collaborators for Shaboozey‘s breakout hit “A Bar Song (Tipsy).” The Range Music Publishing roster includes Grant Averill, Tyler Dopps, Two Fresh, Luke Niccoli, Simon Oscroft and Rudey who are included in this new deal. Range clients Warburton, Luke Grimes and Dylan Gossett are not part of the new agreement.
Established in 2023, Range Music Publishing is helmed by Casey Robison, who previously led Big Deal Music Group as its co-president and partner. Its parent organization, Range Media Partners, is a multi-faceted company, representing businesses and talent in all areas of entertainment — including music, film, tv, production, comedy and sports.
Trending on Billboard
On the music management side, Range Music represents some of the music industry’s biggest talents including Jack Harlow, Shaboozey, Tanya Tucker, Cordae, Pentatonix, Saweetie, Midland, Murda Beatz, PARTYNEXTDOOR, Lauv, Alec Benjamin, Gossett, MAX, Bazzi, Sean Douglas, Paul Russell, Wondagurl, Russell Dickerson and more.
“We’re thrilled to be partnering with our friends at UMPG as we build Range Music Publishing and grow our global footprint,” says Robison. “UMPG’s impressive team will help us maximize creative opportunities while providing first class administration for our growing roster of artists and songwriters. We couldn’t be more proud to call UMPG our partners.”
Range Media Partners co-founder and managing partner Matt Graham continues: “On behalf of our partnership we are thrilled to be formalizing our longstanding relationship with UMPG. The collaboration ensures greater creative support and administration for our writers, producers and artists. Together, we are committed to connecting the dots across our myriad of talent as well as the varying facets of our film, tv, sports and gaming relationships.”
Jennifer Knoepfle, UMPG executive vp and co-head of A&R, said: “In the short time Range has focused on publishing, they have already made a strong impact in the marketplace. Casey, Sam, Matt and team have a great ethos and vision and we are happy to be their admin partner on current and future endeavors.”
LONDON — Universal Music U.K. chairman and CEO David Joseph has announced he is stepping down after almost 17 years at the helm of the company.
The widely respected executive and longstanding label boss joined the U.K. arm of Universal in 1998 as general manager of Polydor and was promoted to chairman and CEO of Universal Music U.K. and Ireland in 2008. His departure was announced in a memo to staff on Monday (Sept. 23) in which Joseph said he was leaving the music business to study for a master’s degree in religion and theology at King’s College London, commencing next week.
“It has been an honour to work alongside you, creating something truly exceptional, a company that wasn’t only number one but also led with heart and creativity. We’ve done that together,” said Joseph in the memo, which has been viewed by Billboard.
Trending on Billboard
Joseph went on to say that his career in the record business, “once impossible to imagine, has been a gift for which I’m deeply grateful. Now, after 17 years in this role, it’s time to step into something new.”
The outgoing exec — who oversaw the EMI, Decca, Island, Polydor and 0207 Def Jam labels, as well as Abbey Road Studios — praised his former colleagues at Universal Music U.K. who “will undoubtedly continue to inspire, innovate, and lead the way.”
Joseph also issued a “special thank you” to Universal Music chairman/CEO Lucian Grainge “without whom none of this would have been possible. First, he hired me, and then he let me be myself.”
“This place, the people, the building, the conversations, the inspiration, and the music that somehow makes the rest of life blur into the background – these will all be missed immeasurably,” said Joseph, who described his 26 year career at Universal Music as “an absolute pleasure.”
In a separate staff memo, also seen by Billboard, Grainge described his two decades-plus working with Joseph, beginning with the turnaround of Polydor in the late 1990s, as a “remarkable journey.”
“One of the many things I respect about David is that he never tried to be anyone but himself and he guided the U.K. company to heights in a way that was completely authentic to him. In addition, I have enormous respect for his decision to take an entirely different path after so many outstanding years at UMG,” said Grainge.
The Universal Music chairman/CEO went on to say that he would be informing staff “what comes next” for the U.K. arm of the company “shortly, but today is about David.”
“His contributions—as an executive, as a leader and as a friend—have always been focused on making our company a better place for our employees and our artists. I know you will join me in wishing David our very best,” concluded Grainge.
As U.K. boss of the world’s biggest music company, Joseph was one of the most powerful record executives in the United Kingdom and was a regular fixture in Billboard’s annual International Power Players lists. In 2016, he was awarded a CBE for services to the music industry, while Amy Winehouse, Florence and the Machine, Sam Smith, Lewis Capaldi, Ellie Goulding are just a few of the U.K. acts that achieved global fame under Joseph’s watch.
Earlier this year, Joseph told Billboard that the international sales success of the Rolling Stones’ Hackney Diamonds, which topped the charts in 20 countries; followed several weeks later by The Beatles’ final song, “Now And Then,” reaching No. 1 in the U.K. and No. 7 on the Hot 100, were two of his recent highlights in the post, calling the campaigns “best-in-class examples of U.K. creativity exporting to the world.”
The London-based executive’s exit from Universal Music Group comes just a few months after the company announced it was merging its historic Island and EMI label divisions as part of a widespread restructuring of the firm’s U.K. business.
As part of that reorganization, two new frontline label groups — Island EMI Label Group, headed by Louis Bloom as president, and Polydor Label Group, led by Ben Mortimer – have been created, mirroring changes UMG made to its U.S. teams earlier this year with the formation of Interscope Capitol Labels Group and Republic Corps. 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.