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Mona Scott-Young says she spent the summer “bouncing back-and-forth” between two popular, concurrent tours that she produced with Live Nation: the 30-city Queens of R&B, co-starring SWV and Xscape, and the highly anticipated, 24-city Out of This World: The Missy Elliott Experience — the rap icon’s first-ever headlining gig featuring Ciara, Busta Rhymes and Timbaland.
Both tours wrapped in August, and the founder and CEO of Monami Entertainment and Monami Productions says she’s currently focusing on another co-production: the Sept. 27 theatrical release of The Lost Holliday, starring Vivica A. Fox and the film’s director, Jussie Smollett.
“We have one life, right?” Scott-Young says. “So we’ve got to get it while the getting’s good. With these tours now under our belt, we have other film and TV projects under development. Once we get those up and running, I definitely have other ideas I’m going to develop.” And that’s not counting the multimedia mogul’s earlier business endeavors such as producing the VH1 reality flagship Love & Hip Hop, which led to Atlanta and Miami spinoffs that are in their 12th and fifth seasons, respectively. (Scott-Young is not actively involved with these shows.) She also co-owns MYX Fusions wine beverages.
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Scott-Young began her entrepreneurial evolution in 1996 when she and late music executive Chris Lighty co-founded the company Violator. Comprising various divisions including management, a record label and a marketing group, Violator boasted such marquee R&B/hip-hop talent as Busta Rhymes, LL COOL J, 50 Cent, Mariah Carey, Fantasia and Elliott. (Scott-Young still manages Rock & Roll Hall of Famer Elliott under Monami Entertainment.)
“I never felt like the little woman in the equation,” she says of her co-venture with Lighty. “It was a true partnership. He supported me, but I also made sure that I showed up, showed out and delivered at every turn.”
This bedazzled bottle “is a reminder to celebrate my achievements — better yet, to always be the bling!”
Michael Buckner
The New York native, wife and mother of two first staked her claim in TV with the 2005 UPN reality competition series The Road to Stardom With Missy Elliott, produced by her then-newly minted Monami Productions. Six years later, she launched the original Love & Hip Hop series. Since then, Scott-Young has executive-produced a host of subsequent TV programs, among them the History Channel’s Cocaine: History Between the Lines, WE tv’s Tamar Braxton: Get Ya Life! and Bravo’s The New Atlanta and SWV and Xscape: Queens of R&B, which spawned the tour.
Scott-Young isn’t one to look back. “I’m lucky and blessed every time I get the chance to tap another skill set, another part of what I’m capable of. I haven’t pulled my hair out yet,” she says with a laugh, “so we’ll see what’s next. I have no idea, but I’m here — and I’m ready.”
What took so long for Missy Elliott to embark on her first-ever headlining tour?
It wasn’t for the lack of opportunity or fan requests. Over the years, she’s gotten offers. But it’s all about her feeling the timing is right for anything. She’s popped her head up every now and then when given an opportunity like Lovers & Friends [in 2023]. She did that concert and a few others because they afforded her the scale and budgetary perspective to put together the kind of show that she wants to deliver for her fans. Then she woke up one morning and was like, “We should go out on tour.” We sat down at the top of the year, and it came together very quickly as we jammed through every detail from set design to wardrobe, choreography and everything in between. There is no simple “I’m just going to jump onstage” for Missy Elliott. This was a full-on, spectacular production.
Elliott has talked about having Graves disease. How has she dealt with that on tour?
We’ve been keeping her safe. The good thing is she has adopted a very healthy lifestyle. She walks constantly to maintain her weight and stamina level. So other than the normal wear and tear of performing every night, we’ve tried to keep her in good shape healthwise, which is why we didn’t do many meet-and-greets, although Missy went into the audience every night.
Scott-Young wore this headpiece when New Orleans’ historic 6th Ward Treme Sidewalk Steppers “crowned me She-King — my preference to being crowned Queen.”
Michael Buckner
What does the Queens of R&B tour say about the impact of those veteran groups and the popularity of R&B?
There are probably more R&B core artists out there now than ever before, and not just in the U.S.: It’s resonating internationally. Couple that with what’s happening with females in music. Look at hip-hop: We have more female artists out now than in a very long time. When you put those elements together, you have all of the emotional attachments that fans have for these two ’90s groups. Watching Xscape and SWV on Verzuz, seeing them on their TV show trying to put their differences aside and pull [the tour] together. It’s the music, the sisterhood, the female empowerment of it all. And it’s a testament to the staying power of these ladies and their careers.
Why are nostalgia tours like these so popular and profitable right now?
Missy talked about this while on the road, her seeing the grandmas — and the grandkids — out there in the audience. A lot of these kids — even her dancers — weren’t even born when her music was first released. And there definitely has been a resurgence, especially for ’90s music across both hip-hop and R&B. We’re seeing a lot of new artists who are tapping into that era of music and the emotions it evokes. It holds a special place for both artists and fans. It also goes back to everything I believe: that you’re definitely as old as you allow yourself to be. And art is art. You mentioned Mick Jagger at 81. As long as you’re still able to get out there, do what you love and execute your passion with a level of delivery that’s going to make fans walk away feeling satisfied and entertained, then God bless. Rock out.
Aren’t women artists subjected to a harsher standard when it comes to age?
As women in business, we’ve dealt with ageism for as long as I can remember. I don’t subscribe to that. When you look at what Missy managed to put on that stage, and SWV and Xscape and their years of experience, musicality and performanceship, you can’t put an age on that. And audiences are turning out.
The New Orleans City Council presented Scott-Young with this proclamation for hosting a parade there. “It’s my favorite city in the world,” she says. “And the airport code, MSY, is my initials.”
Michael Buckner
Will Missy or the Queens extend their tours?
They’re both doing extremely well, so there have been conversations. We have an international opportunity that we’re looking at [for Elliott]. But you know, that tour is such a megillah that I’m just focused on successfully getting through this first round. Missy’s excited about touring. She’s loving the experience, so we’re definitely having discussions about how we keep this thing going.
You have managed Elliott for 20-plus years — a rarity in this business. What’s your secret?
I understand her. At our first official meeting, I saw this incredible, larger-than-life talent. But beyond that, I saw a human being who has been through things in life that contributed to her brilliance — but also created this introverted person who felt the need to protect herself from being hurt. So part of me understood that she needed someone to block for her — clear the path — so that she could reach her maximum potential.
Sounds like you two are close.
I think the relationship has worked to where we’re simultaneously friends, colleagues and sisters. We’ve cried together, laughed together, won together, seen dark days together.
What other artists do you manage?
I have more recently been getting pulled back into management, specifically on the music side. I work very closely with a company called Artist Collective Entertainment. Nick Roses, Brian Sher, Eric Tomosunas and myself are the founding partners. We’ve brought our respective experience and talent to the table to see how we can better serve artists across the board. There’ll be an announcement soon about the company, but we’ve got a growing roster of talent from music artists to actors.
This clapboard reminds Scott-Young that she’s “very proud to have built one of the few Black female-owned physical production companies in film and television.”
Michael Buckner
What’s your advice for women navigating an industry that remains male-dominated?
I don’t want to say it hasn’t been difficult. I’m the kind of person that believes we control our destinies. We cannot allow ourselves to be held back, pigeonholed or marginalized by other people, society or the restrictions that we know exist. Our job every single day is to realize our potential and fight to push ourselves to our limits. I understand what my gifts and talents are. So I just push through every day — push myself further to go to places where we are told we should not be and doing things we are told we can’t do. It’s all about proving them wrong.
You often say that you are determined to create pop culture moments. How do you define those moments?
It’s about doing things that are going to stay with people, providing them with an experience that resonates — one they can hang on to, look back on and talk about as a pivotal moment, whether it’s a piece of music, a memory, an experience. So whether it’s a TV show like Love & Hip Hop, which became part of the zeitgeist and redefined the way we saw a particular genre of television; producing Missy Elliott’s first headlining tour and being a part of that moment in music; or taking a brand like Queens of R&B, doing it as a TV show and then leveraging it as a tour. That is a pop culture moment.
Siding with the estate of Isaac Hayes, a federal judge has issued a temporary order prohibiting former President Donald Trump and his campaign from playing the singer’s “Hold On, I’m Coming” at rallies.
Weeks after Hayes’ heirs accused Trump of using the song without a license, Judge Thomas Thrash Jr. granted the estate a preliminary injunction on Tuesday (Sep. 3): “I do order Trump and his campaign to not use the song without proper license,” the judge said at a hearing, as reported by CNN.
The judge’s order bars the campaign from continuing to publicly perform the song at future rallies while the case plays out, according to CNN, but the judge denied a request for a more expansive order that would have forced the campaign to pull down videos of rallies in which the song can be heard.
An attorney for the Hayes estate did not immediately return a request for comment. An attorney for Trump confirmed that the order was issued, though he stressed that the campaign had already agreed to stop using the song at rallies.
Hayes’ estate sued Trump last month, accusing the campaign of using “Hold On” at rallies and in video recordings of those events. Hayes co-wrote the 1966 song, which was performed and released by the duo Sam & Dave.
Every four years, artists complain about the use of their music by politicians — often with mixed results. But the 2024 campaign season has seen a particular outburst of gripes about music used by Trump. Beyoncé, Celine Dion, the Foo Fighters, Jack White, ABBA and Sinead O’Connor‘s estate have all spoken out against the former president’s use of their songs — some merely with social media posts and others with cease-and-desist letters from their lawyers.
The Hayes estate went a step further, filing a federal lawsuit on Aug. 16 against Trump, his campaign, the Republican National Committee and others. The case accused the campaign of infringing copyrights, but also of violating federal trademark law — essentially claiming that the campaign’s use of the song made it appear that Hayes or his heirs had endorsed Trump’s bid to return to the White House.
The campaign has claimed that its use of Hayes’ song was covered by a so-called blanket license it purchased from BMI, which grants political campaigns the legal right to perform millions of different copyrighted songs at rallies. But the Hayes estate says it withdrew the song from that catalog in June — and that the Trump campaign was notified of the change in writing. It’s also unclear if such a license would cover the use of the song in video recordings of the rallies.
The flurry of complaints against Trump is nothing new. In past election cycles, the Rolling Stones, Neil Young, Bruce Springsteen, Adele, Rihanna, Aerosmith, Guns N’ Roses, Linkin Park, and the estates of Prince and Tom Petty have all asked the Republican candidate to stop using their music.
The Cámara Argentina de Productores de Fonogramas y Videogramas, or CAPIF, has released its 2024 music report, which analyzes last year’s music consumption in the country.
In 2023, the market grew by 8.2% compared to 2022 with a sustained revenue growth trend in the digital space. According to the 70-page report, the data reflects the predominance and prevalence of digital consumption in today’s music industry with audio and video streaming dominating the market with 75%.
Furthermore, the public communication rights, collected by AADI-CAPIF, make up 16% of the market, while physical sales, represented by CDs and vinyl account for 8%. Synchronization, which covers the use of music in advertising, films and television, accounts for the remaining 1%.
“The music industry in Argentina has experienced a remarkable transformation in recent years,” wrote Diego Zapico, president of CAPIF, in the report. “From the explosion of urban sounds to the resurgence of traditional genres, the production of our music is leaving an indelible mark both nationally and internationally. The current state of Argentine music is vibrant and is full of challenges and opportunities, typical of this moment we are living in the country and globally … there’s a possibility of reaching the public through multiple platforms and formats.”
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While Argentine hitmakers like Maria Becerra, Bizarrap and Nicki Nicole have offered a global spotlight to the country’s burgeoning urban music scene, their music also fared well at home. According to the report, 53% of the music played in Argentina in 2023 was local repertoire.
The data also includes the top 10 songs from last year, which include Maria Becerra’s “Adiós,” “En La Intimidad” by Emilia, Callejero Fino and Big One, plus Ke Personajes’ “Pobre Corazón” ft. Onda Sabanera.
Read the full report in Spanish here.
Blake Shelton and his longtime label home of two decades, Warner Music Nashville, have parted ways. Beginning with his 2001 debut, five-week No. 1 Country Airplay single “Austin,” Oklahoma native Shelton has gone on to notch 28 No. 1 Country Airplay hits, including “All About Tonight,” “Honey Bee” and “Some Beach.” He’s won 10 CMA […]
Some Oasis fans celebrated like a champagne supernova, while others looked back in anger on Saturday (Aug. 31) as online ticket sites strained under demand for the band’s first shows for 15 years.
The Britpop-era behemoth led by brothers Noel and Liam Gallagher is scheduled to play 17 gigs in Cardiff, Manchester, London, Edinburgh and Dublin starting July 4.
More than one million tickets went on sale Saturday morning, with prices starting at about 74 pounds (just under $100) and rising to a 506-pound ($666) package that includes a pre-show party and merchandise.
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The band’s representatives said later in the day that all the tickets were sold, but hinted more shows may be announced, saying “anticipation for details of the tour’s international dates is now rapidly mounting.”
Many fans were frustrated in their attempts to secure tickets. Some people attempting to get onto the handful of authorized sales sites, including Ticketmaster and Gigs and Tours, received error messages, while many others were informed they were in a lengthy queue.
Josh Jeffery, a videographer who lives near Edinburgh, spent hours moving up the online ticket queue, before “the whole site collapsed” at the last step.
“I’ve given up, my friends have given up,” said Jeffery, who first saw Oasis in Manchester as a teenager in 1996. “We just decided it’s too much hassle.”
“As I was in the queue, I heard ‘Wonderwall’ blasting out from my neighbor’s house,” he added ruefully. “He’d obviously got tickets.”
Some fans managed to buy tickets through a presale lottery on Friday. Barista Isabelle Doyle said she was “over the moon” after snagging two seats for one of the band’s London shows.
“I’ve been a fan of Oasis for about 10 years now, literally since I was 11 years old,” the 21-year-old said. “Finally to be able to see them after they got me through as a teenager, it’s absolutely amazing and I’m so excited.”
Within hours, tickets began to be offered on resale websites for as much as 6,000 pounds ($7,800). Oasis issued a warning, saying tickets could only be resold at face value through authorized sites.
“Tickets appearing on other secondary ticketing sites are either counterfeit or will be cancelled by the promoters,” the band said in a statement.
Megan Gordon, a 25-year-old fan from Manchester, said she was “fuming” after failing to get tickets.
“I don’t really want to pay resale, but I will,” she said.
Formed in Manchester in 1991, Oasis was one of the dominant British acts of the 1990s, producing hits including “Wonderwall,” “Champagne Supernova” and “Don’t Look Back in Anger.” Its sound was fueled by sing-along rock choruses and the combustible chemistry between guitarist-songwriter Noel Gallagher and singer sibling Liam.
Oasis split in 2009, with Noel Gallagher quitting the band after a backstage dustup with his brother at a festival near Paris. While the Gallagher brothers, now 57 and 51, haven’t performed together since, both regularly perform Oasis songs at their solo gigs. They’ve also each fired off criticisms of the other in the press.
Announcing the reunion, the band said fans would experience “the spark and intensity” that occurs only when they appear on stage together.
Alice Enders, head of research at media consultancy Enders Analysis, said touring was now the major source of revenue for many musicians, and Oasis could expect a big payday — though the tour, limited for now to the U.K. and Ireland, pales in comparison to global juggernauts like Taylor Swift’s Eras Tour.
She said Oasis is playing catchup in a live music market that has seen “a relentless climb in expenditure, consumer expenditure, demand for festivals.”
“It’s been 15 years of a mega-trend that they missed out on, basically,” Enders said. “So it’s a good thing they’re jumping on now. … If they wait too long, then they are just a bunch of old geezers.”
The tour is due to begin July 4 and 5 at Cardiff’s Principality Stadium. Oasis will also perform at Heaton Park in Manchester, on July 11, 12, 16, 19 and 20; London’s Wembley Stadium on July 25, 26 and 30 and Aug. 2 and 3; Murrayfield Stadium in Edinburgh on Aug. 8, 9 and 12, and Croke Park in Dublin on Aug. 16 and 17.
The host cities anticipate an economic boost to hotels, bars, restaurants and shops — especially Manchester, the band’s hometown and a city renowned for its musical heritage.
Sacha Lord, Manchester’s official nighttime economy adviser, said “there’s a big buzz” in the city about the reunion.
“This is a homecoming gig,” he said. “When they set foot on that stage for the first time, it’s going to be a really special moment.”
Fans acknowledged that, given the brothers’ frequent feuds, there is a risk not all the dates will go to plan. But most were undeterred.
Louise Hudson got tickets for London’s Wembley Arena, and plans a “family night out” with her brother, sister-in-law and niece.
As for the Gallaghers, “if they fall out, they fall out,” she said. “Families, eh?”
HYBE shares benefitted from the company’s dismissal of Min Hee-Jin as CEO of the imprint ADOR, gaining 4.4% in a rare positive week for a stock that has fallen 21.0% in 2024.
Min will continue to produce music for ADOR artist NewJeans, but the label will restructure in order to separate management from production. Turbulence between HYBE and Min dates back to April when HYBE reported Min to the police for breach of trust and other allegations. The company stated that Min “deliberately led the plan to take over management control of the subsidiary” and ordered ADOR’s management to pressure HYBE into selling its shares in the subsidiary. The following month, a court blocked HYBE’s plan to dismiss Min.
The controversy has coincided with a steep decline in HYBE’s share price. HYBE was 230,500 won ($172.33) on April 19, the trading day before HYBE announced it would investigate Min, and had fallen 20.0% to 184,400 won ($137.86) by Friday (Aug. 30). But the HYBE-Min dispute isn’t the only explanation for HYBE’s sluggish stock performance. HYBE’s three main South Korean competitors—SM Entertainment, YG Entertainment and JYP Entertainment—have lost an average of 38.1% this year.
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The 20-company Billboard Global Music index rose 0.2% to 1,832.97, bringing its year-to-date gain to 19.5%. Eleven of the 20 stocks gained this week, while seven lost ground and two were unchanged. Cloud Music, the week’s top music stock, gained 5.2% to 97.70 HKD ($12.53), bringing its year-to-date increase to 8.9%. SiriusXM improved 2.8% to $3.29. Tencent Music Entertainment gained 2.0% to $10.44.
Spotify was effectively unchanged at $342.88 despite Evercore ISI raising its price target on Spotify to $460 from $420. Universal Music Group gained 1.5% to 23.63 euros ($26.14) after Exane BNP Paribas upgraded the stock to “outperform” and a raised its price target to 27.50 euros ($30.42).
While HYBE was among the week’s winners, other K-pop stocks had another off week. JYP Entertainment, purveyor of Stray Kids and TWICE, fell 1.5% to 51,100 won ($38.20). BLACKPINK’s agency YG Entertainment lost 3.8% to 34,150 won ($25.53). And SM Entertainment, home to RIIZE and Vespa, slipped 5.4% to 62,800 won ($46.95).
Stocks were mixed this week as investors await news from the U.S. Federal Reserve that it will cut interest rates in September. In the United States, the Nasdaq fell 0.9% to 17,713.62 and the S&P 500 rose 0.2% to 5,648.40. In the United Kingdom, the FTSE 100 gained 0.6% to 8,376.63. South Korea’s KOSPI composite index dropped 1.0% to 2,674.31. China’s Shanghai Composite Index fell 0.4% to 2,842.21.
Billboard Canada Women of the Year is coming up on September 7, and the Woman of the Year has been named: Charlotte Cardin.
The Montreal artist is the first Canadian artist to win the prestigious award, joining prior Billboard Women of the Year including Taylor Swift, Beyoncé, Madonna, Billie Eilish, SZA and Karol G.
Since releasing her second full-length album 99 Nights a year ago, the singer-songwriter has had two EP releases, multiple chart hits, and an international breakthrough that’s brought her from the NBA All-Star game to a gala singing for U.S. President Joe Biden. Now, amidst a world tour that’s brought her all over North America and Europe, she’s entered a new phase of her career — an undeniably global one.
She talks about it all in a new digital cover story for Billboard Canada.
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“Being able to export my music makes me feel so good,“ she says. “It’s even the thing that makes me the happiest. Ever since I was little I wanted to make [music] my career, and it makes me even happier to know that it can do good for other people.”
When it was released, 99 Nights stayed on the Billboard Canadian Albums chart for 31 weeks. In March, her infectious pop single “Confetti” debuted on the U.S. Billboard Adult Pop Airplay chart, remaining there for 16 weeks. It was one of many singles to also chart on the Billboard Canadian Hot 100.
While she primarily sings in English, with her personal-yet-relatable pop music, Cardin is a rare Francophone Quebec artist — taking a path forged by Celine Dion and travelled by artists like Coeur de pirate — to break through in English-speaking Canada and America.
The Woman of the Year award will bring her from her Europe tour to Toronto for Billboard Canada Women in Music on September 7, where she will accept the award and sing a special piano-led performance at the ceremony.
She’ll keep good company, joining one of the most successful Canadian artists of all time Alanis Morissette, who will accept the Icon Award.
Other honorees include Jessie Reyez (Trailblazer Award), Jully Black (Impact Award), The Beaches (Group of the Year), LU KALA (Rising Star), Allison Russell (Breakthrough Artist of the Year) and more.
There will also be a number of big performances, including from award winners Jully Black, LU KALA, charting Montreal dance-pop artist Rêve, Polaris Prize winning rapper Haviah Mighty and many more. – Richard Trapunski
Two Long-Running Canadian Acts Go Indie
Call it the Seven Year Itch perhaps? After that long on Sony Nashville, critically-acclaimed award-winning Canadian country star Tenille Townes has left her label in favor of forging ahead as an independent artist.
As reported earlier in Billboard, Townes broke the news via an Instagram post on Monday (Aug. 26). It reads, in part: “My Nashville record label and I have parted ways. This is not a sob story, but a story of opportunity. We had a really good run and this is a big shift for me. We haven’t been seeing eye to eye on my music and my path and it’s creatively been a struggle waiting on green lights inside a corporate system that doesn’t make a lot of sense anymore.
“I want the freedom to write and record a song and be able to get it to you guys, and making this decision means I can do that as I take back ownership of what I create. And that feels liberating and if I’m honest it also feels terrifying.”
She has long been established as one of Canada’s elite country artists, winning 17 Canadian Country Music Association (CCMA) Awards and two Juno Awards for Best Country Album. Townes has Canadian tour dates in Atlantic Canada and Ontario, Oct. 9-26 and will perform at Rogers Place in Edmonton for the 42nd annual CCMA Awards 2024 CCMA Awards on Sept. 14.
Townes is the second prominent Canadian act to take the leap from major label to independent status in as many weeks. Saskatoon rockers The Sheepdogs recently split from Warner Music Canada and bought back their catalogue, launching their own label Right On Records, distributed through The Orchard worldwide.
They marked the occasion with the release of a surprise new five-track EP, Paradise Alone. For the ‘70s rock throwback band, who gained prominence after winning a contest to appear on the cover of Rolling Stone in 2012, it represents a turning point.
“We’ve been a band for 20 years, and pretty comfortable with who we are and how we do things. We’ve lasted this long by staying true to ourselves, doing things our way, and not chasing trends,” said bassist Ryan Gullen in a statement, noting that the band already handles their own management, marketing and production. “Acquiring our catalogue and starting our own label is about taking things to the next level. We want to be in the driver’s seat, doing things our way, and maybe even helping other artists do the same. With so much constantly changing, we’re focused on staying true to our approach.” – Kerry Doole
Revlon is suing several former employees over allegations that they “sabotaged” the company’s decades-old fragrance partnership with Britney Spears and took the business to a competitor.
In a case filed Monday (Aug. 26) in Manhattan federal court, attorneys for Revlon and subsidiary Elizabeth Arden claim that four ex-staffers stole trade secrets and breached their contracts when they jumped ship to upstart rival Give Back Beauty and took the Britney account with them.
Though an initial delay in Spears re-signing the 20-year perfume partnership deal was “attributed to Ms. Spears being preoccupied with other matters,” Revlon claims it eventually realized that its own executives had been orchestrating a corporate heist.
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“Revlon and Elizabeth Arden were completely unaware that Revlon’s own team was actively sabotaging one of their most valuable licensing relationships,” the company’s lawyers claim.
The case does not name Spears as a defendant nor accuse her of any wrongdoing.
As defendants, the lawsuit names the four employees — Vanessa Kidd, Dominick Romeo, Reid Mulvihill and Ashley Fass — as well as Give Back Beauty itself. None of the defendants immediately returned messages seeking comment on the lawsuit’s allegations.
Then at the peak of her powers, Spears signed a deal with Elizabeth Arden in 2004 to develop branded fragrances and other cosmetics. When she released “Curious” later that year, it quickly became the top selling fragrance of the year and reportedly pulled in more than $100 million in sales.
According to a 2013 report by the Hollywood Reporter, “Curious” had sold more than 500 million bottles over its first decade, and the overall Spears-Arden partnership, featuring many other scents, was pulling in $30 million a year in sales.
According to the new lawsuit, Revlon had historically renewed its partnership with Britney in five-year intervals, and the latest iteration was set to expire at the end of 2024. When negotiations began late last year, the company says it had “every expectation that the relationship would continue.”But according to the lawsuit, Give Back Beauty had launched a “campaign to obtain the Britney Brands fragrance business,” including contacting the Elizabeth Arden staffers as early as February: “This was obviously a carefully planned and executed grab by GBB for the Revlon fragrance business.”
Though Revlon says it struck a tentative deal with Britney’s team, the agreement had not been finalized in May, when staffers who had worked on the deal began “decamping to GBB.” Less than a month later, the lawsuit says, Give Back Beauty inked its own deal with Britney.
“The speed with which Britney Brands signed its deal with GBB was unprecedented for the Britney Brands organization and could not have been accomplished without the benefit of the Revlon employees’ deep knowledge of the misappropriated proprietary information about the relationship and GBB’s unlawful utilization of that information,” Revlon’s lawyers write.
The lawsuit takes particular aim at Kidd, a senior vice president for global marketing of fragrances who had spent years working on the Britney account and was allegedly the first to jump ship.
“At the same time that defendant Kidd was negotiating with Britney Brands on Revlon’s behalf, she had interviewed and accepted a job offer with GBB,” the company’s lawyers write. “Kidd effectively acted as a double-agent, assisting GBB in taking the Britney Brands business away from plaintiffs while she was charged with cementing an extension for Elizabeth Arden and purported to be doing so.”
The case claims that before she left, Kidd accessed more than 250 electronic files that contained proprietary information, including about the Britney partnership. Revlon says the “logical inference” is that she was “arming herself and her new employer” with info that could be used to “rapidly recreate the supply and distribution chains Elizabeth Arden had spent 20 years developing.”
In technical terms, the lawsuit accuses the ex-staffers and Give Back Beauty of theft of trade secrets and so-called tortious interference with their business and contracts. It also accuses the individual employees of breach of their contracts and breach of their duty of loyalty to Revlon.
In a statement to Billboard, Revlon stressed that the lawsuit did not accuse Spears or her team of wrongdoing and said “we value our 20-year partnership and wish Britney all the best.” “As a company, we will always take steps to protect our intellectual property,” Revlon said in the statement. “We have filed this complaint because it became clear to us that GBB and the four former employees named in the suit unlawfully used Revlon’s proprietary information and trade secrets — and we are confident in the merits of our case.”
Organizers for the California festival Desert Daze have called off this year’s event. In an announcement organizers stated, “It is no longer possible to execute the weekend as planned.” Explore See latest videos, charts and news See latest videos, charts and news The event, which has remained independent since launching in 2012, was unable to […]
TikTok creates viral hits. YouTube is unparalleled in its ubiquity. But music subscription services pay the bills.
More than three out of every five dollars earned by U.S. record labels in the first half of 2024 — 60.2% to be exact — came from premium subscription services, according to the RIAA’s mid-year report. That marks the first time subscriptions exceeded a 60% share of total revenue, topping the 59.5% share in the first half of 2023 and the 59.3% mark for full-year 2023.
Ad-supported on-demand streaming, on the other hand, has lost momentum, growing just 2.5%, half the rate of paid subscriptions. The slowdown has been dramatic: Three years ago, advertising revenue rebounded from a pandemic slowdown by surging 54.1% in the first half of 2021 and another 17.7% in the first half of 2022. Its share of total industry revenue — 10.4% — has slipped, too, from 10.5.%, 11.3% and 10.5% in the three preceding first-half periods.
Other ad-supported segments also lag paid subscriptions’ growth rate. SoundExchange distributions, which include some ad-supported streaming as well as royalties paid by satellite radio subscribers, rose just 3.8% to $517 million. Other ad-supported streaming, which covers services not operating under statutory licenses, fell 1.5% to $155 million.
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The situation around advertising is worse than the numbers might suggest. Ad-supported, on-demand streaming isn’t confined to services such as Spotify’s free tier and YouTube. A new generation of platforms, such as TikTok and Instagram, are grouped into this category, too. Without these emerging platforms, ad-supported streaming would look even worse off.
For an industry that must constantly seek growth, advertising is too small to play the role. In the most recent quarter, Spotify got 12% of its revenue from advertising — both music and podcasts — compared to 88% from subscriptions. Even if advertising becomes a bigger part of the business, CEO Daniel Ek said during the company’s April 23 earnings call, it won’t be a major factor in helping the company reach 20% revenue growth. “Anything we can do on our subscription side will obviously materially outperform any improvement on the ad side,” said Ek.
Free music has played an important role in building today’s music ecosystem, though. In 2009, author Chris Anderson followed The Long Tail with a lesser-known book titled Free that promoted the notion that not charging for digital goods can be a wise strategy. While The Long Tail was a smash success, Free never rose to the same level of renown. But Anderson’s idea proved to have merit. The same year Free was published, Spotify launched a “freemium” music streaming service in the United Kingdom—the world’s third-largest music market—that utilized a free, ad-supported tier intended to drive listeners to the paid version. Ad-supported royalties were miniscule, but it worked as planned. Free listening turned out to be an effective tool to attract customers that would, at some point in the future, become some of Spotify’s 246 million subscribers.
The growth potential for the subscription business lays outside the U.S. Globally, subscription streaming accounted for 48.9% of recorded music revenue in 2023, according to the IFPI, more than 11 percentage points below the share in the U.S. (The RIAA reports retail value in the U.S. while the IFPI reports wholesale values for each market.) Worldwide subscription penetration is only 15%, Warner Music Group CFO Bryan Castellani noted during an Aug. 7 earnings call, “and there’s a lot of headroom to go from 800 million subscriptions today to well over a billion over the next five years.”
The future may be a combination of free and subscription. In May, Sony Music Entertainment CEO Rob Stringer called for streaming platforms to charge users of ad-supported tiers a “modest fee” to make free streaming “more than a marketing funnel” to attract customers. Stringer also called on short-form video platforms like TikTok, Instagram Reels and YouTube Shorts to step up their payments to rights owners. “More and more, these are primary consumption sources, and they need to be valued accordingly,” he said.
With subscriptions now exceeding 60% of U.S. revenue and advertising losing share, free platforms will likely come under more pressure to deliver more royalties. Until that happens, though, expect the industry to increasingly put its hopes for revenue growth in subscriptions.