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Live Nation is ending its “concerts all summer long” program at the company’s amphitheaters and plans to replace the multi-show offering with something different, company officials tell Billboard. On Tuesday (Feb. 18), the Live Nation Lawnie Instagram page announced the end of the six-year-old program, in which music fans paid a flat fee for a […]
Sony Music Entertainment is asking a judge to throw out a lawsuit brought against the company by Patrick Moxey‘s Ultra International Music Publishing late last year, claiming the suit was an act of “retaliation” against the major label after it filed its own lawsuit against the publishing outfit two years prior.
Ultra International Music Publishing and Ultra Music Publishing Europe brought the lawsuit against Sony Music Entertainment and its subsidiaries — including Ultra Records, which Moxey sold his remaining 50% share of to Sony in 2021 — last November over allegations of copyright infringement, claiming Sony and its affiliates had been using Ultra Publishing’s compositions without a license. Filed in New York federal court, the complaint alleged that Ultra Publishing had conducted an audit finding that Sony had been underpaying royalties to the publisher and its songwriters “for years” — but that after bringing the results of the audit to Sony’s attention, the major label “failed” and “refuse[d]” to pay Ultra Publishing the royalties it was due.
Ultra Publishing claimed that after Sony’s alleged refusal, it ceased granting the music giant licenses to the company’s compositions, but that Sony nonetheless continued uploading tracks featuring Ultra Publishing-owned compositions to streaming services and selling them as digital downloads and physical releases, among other exploitations. The lawsuit concerned more than 50,000 compositions by artists including Ed Sheeran, Madonna, Rihanna and others.
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In its response, filed on Monday (Feb. 17) by attorney Tal Dickstein, Sony Music called the lawsuit “an ill-conceived effort by Plaintiffs — two music publishing companies owned by Patrick Moxey — to retaliate against” Sony Music for an earlier lawsuit it filed against Ultra Publishing for the continued use of the Ultra name. In that complaint, filed in November 2022, Sony attested that Moxey had signed away his rights to the Ultra trademark after selling the company his remaining stake in Ultra Records, which he founded in 1995.
Sony claims Ultra Publishing attempted to justify the “nefarious timing” of its own lawsuit — which allegedly dropped the day before the trial for the trademark lawsuit began — “by claiming this lawsuit stems from an audit of the music publishing royalties that Sony Music Entertainment paid to Plaintiffs.” However, Sony alleges that the audit in question, “which involved payments made by Sony Music Entertainment to Plaintiffs through 2016,” was in fact “settled in principle years ago for a small fraction of the amount claimed, and Plaintiffs never pursued those audit claims any further.”
Sony’s filing goes on to say that it and Ultra Publishing “continued working together after the audit was settled, with Sony Music Entertainment paying publishing royalties on the musical compositions that were the subject of the audit without objection from Plaintiffs, and working to license and pay the corresponding publishing royalties for well over a thousand other compositions owned in whole or in part by Plaintiffs.”
“Sony Music Entertainment’s licensing practices are both appropriate and entirely consistent with the licensing practices of every other leading record label that releases new sound recordings, including record labels that Moxey himself controlled in the past and currently owns,” the filing continues. “Moreover, Plaintiffs’ own songwriters and producers continue to write songs and collaborate with SME artists with the intention and expectation that the resulting sound recordings incorporating the underlying musical compositions will be commercially released — underscoring the obvious question of whether Plaintiffs’ attempted boycott of SME is in their songwriters’ best interest.”
An attorney for Ultra International Music Publishing did not immediately respond to Billboard‘s request for comment.
On Saturday, Feb. 15, Billboard and EMPIRE came together at EMPIRE’s San Francisco studios to celebrate Billboard’s second annual Sports and Music issue, honoring some of the most powerful people operating at the intersection of the industries of sports and music. The issue, which features EMPIRE founder/CEO Ghazi on the cover, as well as a […]
Sean “Diddy” Combs‘ attorneys have filed a motion seeking the dismissal of a sex trafficking charge in the hip-hop mogul’s indictment, citing the alleged racist origins of the count. Combs’ legal team, which made the filing official on Tuesday (Feb. 18) in New York federal court, argues that “no white person has ever been the […]
Hit songwriter Savan Kotecha has partnered with Universal Music India, Republic Records and Represent to launch an initiative aimed at discovering and developing India’s first globally impactful pop boy band. The nationwide talent hunt seeks to redefine India’s pop landscape by creating a group that reflects the country’s diversity, while also “igniting an unprecedented wave of fandom and paving the way for the Indian Teen Pop economy,” according to the announcement.
Kotecha, a Grammy, Oscar and Golden Globe-nominated native of Texas, has played a pivotal role in shaping modern pop music over the last 15-plus years. His extensive catalog includes hits for Ariana Grande, One Direction, The Weeknd and Maroon 5. With a career that took off in Sweden alongside mentor Max Martin, Kotecha has contributed to chart-topping songs like Grande’s “Problem,” 1D’s “What Makes You Beautiful,” The Weeknd’s “Can’t Feel My Face” and Maroon 5’s “One More Night.” He also served as executive music producer for Eurovision Song Contest: The Story of Fire Saga.
Kotecha believes that India has long looked outside its borders for pop and teen idols, and this initiative aims to change that. “Boy bands have shaped generations around the world—now, it’s India’s turn,” he said. “We want to create a group that represents India’s dreams and sparks an unprecedented wave of fandom.”
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Universal Music Group India & South Asia managing director Sanujeet Bhujabal emphasized the project’s significance. “Our i-Pop strategy has focused on cultivating a Gen Z and Gen Alpha-driven sound in India. Partnering with Savan, we’re taking this vision global by launching India’s first true pop boy band. This will be the biggest talent hunt India has ever seen, and we are committed to building a long-term teen pop economy.”
Aayushman Sinha, founder of Represent, echoed this sentiment: “We’re stepping into a new era of talent development, something India has never seen before. More importantly, this project is about fostering sustainable careers for young artists and establishing pop music as a dominant cultural force.”
To shape the eventual band’s identity, the project has also partnered with Jugaad Motion Pictures.
Aspiring musicians can audition by following @greatestindianboyband on Instagram and submitting their entries on the contest’s website. To apply, candidates need to upload a video showcasing their talent and answering a few select questions. After a month-long selection process, shortlisted contestants will advance to the next round, with the final five then participating in what’s described as a “training bootcamp” ahead of their official debut.
The Red Hot Chili Peppers‘ recorded masters catalog is up for sale, and sources say the band is seeking upwards of $350 million from suitors. The catalog includes such hit songs as “Under The Bridge,” “Dani California,” “Snow (Hey Oh), “Californication,” “Otherside,” “Can’t Stop” and “Give It Away.”
Sources say the band owns the 13 studio albums and other releases issued by the Warner Music Group (WMG) in the U.S. Billboard couldn’t determine if the band also owns its first four studio albums, which were issued through EMI in the U.S., although one source says they do. Whatever rights the band owns in those EMI records, those rights are also a part of what’s being offered for sale, sources say.
Billboard estimates that the Red Hot Chili Peppers master recording catalog generates about $26 million in revenue annually, with the bulk of that coming from the WMG portion of the catalog and about $1 million in revenue coming from the EMI portion. While some sources suggest that a potential deal for the recorded music assets has already been reached and that WMG is the most likely buyer, other sources say a deal has yet to be struck.
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The news comes four years after the band sold its music publishing to Hipgnosis for about $140 million to $150 million. That means that if the Red Hot Chili Peppers realizes its $350 million asking price for the recorded music catalog, it will have snared about $500 million for selling its music assets. Sources say Eric Greenspan of the law firm Wyman Greenspan Fox Rosenberg Mobster Younger & Light has been shopping the band’s recorded music catalog deal, just as he did for its publishing assets.
While sources say the deal includes all of the rights for the band’s recorded music catalog, Billboard couldn’t determine if the deal also includes merchandising and name, image and likeness rights.
What’s more, it’s also unclear if all the suitors were shopped the same set of recorded music assets, based on the math involved in the deal. With $26 million in revenue, after subtracting production, distribution, shipping, warehousing and reserve expenses, Billboard estimates that net label share (NLS), or gross profit, for the catalog would be about $20 million. But non-strategic suitors who are aware of the assets say that they hear that the catalog’s NLS is about 3/4 of that, or about $15 million.
While the band is seeking upwards of $350 million, it’s more likely the deal will go for $325 million to $340 million, some sources say. If the band were to achieve $340 million for the sale of its recorded catalog, on a NLS of $20 million, that would imply a 17-times multiple, which is pricey for recorded music assets — even for a steady high revenue earner like the Chili Peppers. Moreover, at the $15 million NLS cited by some sources, a $340 million potential sale price would work out to a 22-23 times NLS multiple, which music asset traders would describe as a “frothy” valuation. Consequently, sources suggest that the deal makes more sense for a strategic suitor, like one of the majors, than a private equity firm or a music asset buyer backed by private equity.
WMG declined to comment for this story. Greenspan, the band’s lawyer, didn’t respond to requests for comment.
Earlier this month, Warner Bros. Discovery and Cutting Edge Group announced they were teaming up to launch a joint venture to generate more money from one of the original Hollywood studios’ catalog of 400,000 movie and television songs.
The blockbuster deal — reportedly worth $1 billion — includes the Harry Potter and Lord of the Rings franchises, Friends, Game of Thrones, and Succession, to name a few.
This novel arrangment was inspired by WBD’s need to get more out of its most valuable assets as the rise of streaming shakes the fundamental economics underlying modern media businesses. Cutting Edge Group is a nearly 15-year-old company founded by Philip Moross, a former real estate developer who saw an opportunity to acquire, manage and develop music rights from films and TV shows.
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Now a three-prong company that also includes studios where partnering artists like Timbaland produce music specifically for Cutting Edge projects in the film, TV or wellness space, Cutting Edge is embarking on its biggest project yet.
Billboard spoke with CEG’s Moross about how the joint venture with Warner Bros. Discovery will work, including what Cutting Edge brings to the table and if they other joint ventures between music companies and studios to follow.
What are you aiming to accomplish with this joint venture, and what role will Cutting Edge play do day-to-day?
I put the idea [to WBD] that as we are solely focused on music, we could help make it a larger profit center for them. We are working closely with Warners’s music department … and hope to build a music business within the framework of Warner Bros. Discovery the way that Warner Chappel was in the past. We are a music business. They are a film and television business that incorporates music into their creative process. Our job is to effectively maximize the monetary end of it. But how it’s going to work on a day-to-day basis we are still working out. I will say We have no interest in changing the relationships [Warner Bros. Discovery] has with UMPG and Sony. We’re an independent and we don’t compete with any of them.
This is a massive catalog. How will you manage maximizing its value?
You compartmentalize—pure instrumentals, songs, etc.—and then see what the market wants from each category … and take into account the composers. We understand the composers are the lifeblood of the business. Warner wants to take care of them from a creative point of view.You must balance the economic value of that with the creative process. A composer may not want the main theme to Harry Potter used anywhere else, but the body of the music may be available. On the other hand, the song “Shallow” is a huge song, which is relevant now, that you may be able to get some very big synchs on. We are going to have to work to make sure all parties are involved–because it is not 100% owned by one party and the master is owned by Gaga’s record label. We have the time and inclination to do that whereas Warner is on to the next movie already.
You’ve got 400,000 titles so it’s not going to be quick and easy. If I am advising I’d be saying go for the top 20% that generate 80% of the revenue, but don’t lose sight of the gems in there.
Will Cutting Edge be providing its two cents on films?
We hope to provide input on songs for films in the works. In the core business of Cutting Edge, we’ve done that. We’ve bought catalogs of film rights and suggested to composers … to use the same themes again because creatively it works.
What is so important to Warner Bros. Discovery is maintaining creative integrity. They are never going to tell a director what music to use and what music not to use. … [and] it is not our role to impose any creative ideas. What we hope to do is to suggest [through the Warner Bros. Discovery music department] to the creatives, “If you’re doing Aquaman 3, why don’t you use the same themes from Aquaman 1 and 2 for certain characters?”
Cutting Edge’s Myndstream business does a lot linking music with the wellness industry. Are there opportunities in the wellness space in this catalog?
Absolutely it’s an area of focus for us. We work on [opportunities like these] all the time. There is a Nicholas Britell track called Agape [from the score of If Beale Street Could Talk]. It’s one of the most used tracks on Peloton for their meditation programs. Everything is about the emotional connection and identifying opportunities.
Everyone knows the soundtracks of “Harry Potter” and Friends. But there are music cues in the catalog as well. Can you describe what those are and their potential?
When you are watching a film or television show and you hear the background music, every item of music that sits in that film or television show is a cue. It is the background music that you’ve got right up to the songs. For example, The Rembrandts in Friends — the opening titles can be a cue. It could be the 3 ½ minute version of the Rembrandt song — a full song — or the 1-minute portion of that. That is the cue. The cue that is registered with BMI is earning its revenue from broadcast performance. So when the TV show plays, the network that is paying the royalty will pay the PRO which then pays the publisher, which in this case is our joint venture. We track to make sure nothing is missed.
How much of your day will be devoted to this?
[Cutting Edge’s] operating team will spend the majority of its time on this. It’s certainly the biggest deal that I’ve ever done. It deserves the attention because it is such a big scale.
What kind of return is this JV expected to produce on Warner Bros. catalog?
I can’t give you a number as to how much we will increase revenue.
Tell us about your team.
This is a family affair. My background was in real estate historically; I gave it up in 2010. All three of my kids are in the business; 12 on 12 is run by my daughter Claudia, Freddie runs the MyndStream business, and Tara [Finnegan] runs the bigger picture. Tara has done an exceptional job in this whole process, but we have really navigated together from the beginning. Tim Hegarty and the Cutting Edge M&A team, as well. The deal could not have been done without them.
Do you think more studios will do deals like the one Cutting Edge has done with Warner Bros. Discovery?
I hope so. We are having discussions with various rights owners who are interested in maximizing the value of their music rights either through a sale or a partnership with Cutting Edge. They are driven by different motivations, which include the ability to release equity from ancillary rights that are fully amortized on their balance sheets; or the opportunity to work with Cutting Edge’s team of professionals to help with supervision, exploitation, soundtrack release and marketing.
There should be no major obstacles since we have completed the deal with WBD and proved the value we can add to these types of copyrights. We operate in a very specialist area of the music business and each rights owner has their own specific needs. It takes time to create a bespoke offer to meet these needs, which Cutting Edge is uniquely placed to do.”
When the Country Radio Seminar (CRS) comes to a close on Feb. 21, five artists — Warren Zeiders, Dasha, Ashley Cooke, Drew Baldridge and Zach Top — will have 20 minutes apiece to make a lasting impression on programmers at the New Faces of Country Music show.
That 20-minute slot may not sound like much, but it’s significant. In its original incarnation, New Faces allowed artists to perform just two songs, which meant they had about seven minutes to win over a room of professional skeptics. Because of decisions made 25 years ago, this year’s class has nearly triple the amount of stage time to influence programmers from across the country. Many of those gatekeepers will be evaluating these artists’ work for the rest of their careers.
The long-tail importance can’t be discounted. In just the last week, Lee Brice had a conversation with a radio executive who recalled specifics about his New Faces appearance in 2011.
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“I knew that you got to get your face out there, and that people talk about it,” Brice says, recounting the obvious benefits of that appearance. “But they’re still talking about it [14] years later. That I didn’t realize.”
The New Faces show had make-or-break moments in its earliest years, building a reputation as a star-making platform. Alabama in 1980, Randy Travis in 1986 and Tim McGraw in 1994 all impressed the crowd with their two-song sets, solidifying support from broadcasters who inevitably helped them become significant ambassadors for the genre.
Conversely, a few artists snuffed out their possible futures with appearances that ran from amateurish to over the top. In one particular instance, an independent artist thanked the crowd for making her a “star,” though she had never reached the top 25 on Billboard’s country singles chart. The room’s influencers groaned audibly, and she only made one more chart appearance with a single that peaked in the 60s.
More stringent qualifications have since been instituted. The annual lineup was halved in 2000 from 10 artists to five. More recently, CRS instituted a vote of radio employees and other members of the music industry and media to select performers. That has changed the impact of a New Faces appearance. It previously represented an introduction to an artist; now it’s a confirmation of the industry’s embrace.
“The purpose of it is different,” Country Radio Broadcasters executive director RJ Curtis says, “but I still think it has significance and meaning for our event and for the artists’ careers.”
A Billboard study of the 413 artists who appeared at New Faces from 1970 to 2024 underscores the change. During the first 30 years, when the lineup usually featured 10 artists performing two songs apiece, more than half of them — 52% — reached the top 10 on Billboard‘s country singles chart in their careers. Since 2000, when the lineup was reduced to five acts performing for 20 minutes each, a whopping 91% have gone top 10.
The difference is significant, reflecting changes in not only the New Faces show but also the structure of the entertainment landscape. During the early days of CRS, there was no internet or even a country cable TV network. Programmers may not have seen an 8 by 10 glossy of all the artists or, in some cases, even received a 7-inch to sample. A New Faces appearance was literally a chance to make a first impression.
McGraw’s 1994 appearance is a case in point. He had had a polarizing hit with his novelty “Indian Outlaw,” but his second song that night was a still-unreleased “Don’t Take the Girl.” It effectively changed the narrative around his career.
“I’d never heard that song before,” Curtis recalls. “Tim nailed it. It was mind-blowing. The room was beside itself, and rightly so, and Tim has acknowledged that, yes, that was a big moment for him.”
Under current conditions, most attendees have likely met some of the New Faces artists and even had them sing in their conference rooms on radio promotion tours or had them perform for an acoustic, station-sponsored benefit. And with 20 minutes to play, the artists are better able to shape — if they’re so inspired — a set list that represents a musical journey. Curtis points to Eric Church in 2007 as an example.
“It was like an introduction or an autobiography, a statement about who he was as an artist, what he believed in and what his shows were going to look like if you hadn’t seen him live,” Curtis remembers. “To a lot of people who were the big Eric Church fans, it was about the live show. That was an experience — it wasn’t just a concert, it was like a shared experience — and Eric Church came out in 2007 and did a really clever [show], all tied in together. Very strategic.”
The decision to cut the lineup from 10 artists to five was likewise a strategic move by CRS. The late Charlie Monk, one of the seminar’s founders, told Curtis that in the show’s early years, performance slots were based less on the artists’ accomplishments than on their teams’ ability to pull strings.
“I hate to say this, but back in the day, it was kind of a smoke-filled room,” Curtis admits. “There were deals, there were ‘I scratch your back, you scratch mine’ [agreements] — that’s the way the business was back then.”
That meant there were acts appearing on the show who didn’t necessarily warrant the opportunity. The board decided to shrink the field from 10 performers to five in 2000 and institute criteria for the first time, including benchmarks related to airplay charts. (Beginning with the 2026 show, Billboard‘s multimetric Hot Country Songs will figure into eligibility.)
Naturally, requiring a specific level of success led to stronger lineups, and with only five slots, there have been plenty of instances where a worthwhile performer missed one year, but was eligible again the next year and made it. Zeiders, who will perform this year, is a prime example. That also strengthens New Faces, though it also means the showcase experience is different from its original concept. There’s less suspense about the artists, and a surprise breakout is far less likely. Instead, it’s more a celebration of the developing acts that the industry has already generally embraced.
“It was a predictor,” Curtis says, “and now it’s a validation.”
Warner Records has partnered with respected hip-hop and R&B executive Tim Hinshaw to launch Free Lunch Records, an extension of his creative and touring firm Free Lunch Agency, the companies announced on Wednesday.
The collaboration aims to provide Warner artists ready access to Free Lunch’s creative, touring and sync services while serving as a new platform for emerging talent. Warner Records senior vp of A&R Ericka Coulter has been named general manager of the upstart label, which also announces its first two signings in Syd and Alex Isley. Coulter will keep her continue her role at Warner, the label noted.
Hinshaw announced Free Lunch Agency in August 2023 while still head of hip-hop and R&B at Amazon Music, a role he held five years. At launch, Free Lunch said its goal was to “authentically connect brands with artists and culture through bespoke storytelling and real-life experiences.” The agency’s name is a nod to the free lunch programs provided by public schools and parks in underserved communities nationwide.
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While at Amazon, Hinshaw played a key role in securing major partnerships, including the exclusive livestream of Kendrick Lamar’s The Big Steppers Tour and Amazon Music Live performances featuring Lil Baby, A$AP Rocky, and 21 Savage. He also spearheaded deals for high-profile events, including for Tyler, The Creator, J. Cole’s Dreamville Festival and Summer Walker.
As Amazon executive Steve Boom said at the time, Hinshaw put Amazon Music into the conversation among the hip-hop and R&B community “in a way, frankly speaking, we were not.” His efforts there earned him executive of the year honors in Billboard’s R&B/Hip-Hop Power Players list in 2022.
Prior to joining Amazon Music, Hinshaw built the urban music division at Fender Guitars, worked in music marketing for Vans and co-managed his brother, songwriter Prince Charlez, leading to a joint venture with Island Def Jam and a global publishing deal with Universal.
Warner Records co-chairman and CEO Aaron Bay-Schuck praised Hinshaw’s ability to create impact beyond music.
“Tom [Corson] and I are thrilled to welcome Tim and his Free Lunch team to the label,” said Bay-Schuck. “His expertise stretches far beyond finding and nurturing talent – he knows how to make sure his artists are making an impact. Early on in our conversations, it was clear bringing Tim and Free Lunch into the Warner fold would be a perfect synergy. Tim is immersed in the vast culture of hip-hop and R&B, across music, sports, fashion, and live entertainment, and together we’ll work towards our shared goal of uplifting the best and brightest in the genre.”
Hinshaw added that “by uniting Free Lunch Agency with Warner Records, we can combine our expertise in creative, music, and brand building to elevate the first-class roster,” saying, “together we’ll expand the scope of artist narratives to connect even more deeply with fans across the globe.”
A Nevada judge on Tuesday postponed the murder trial of the only suspect ever charged in the 1996 killing of rap icon Tupac Shakur for nearly a year, saying she had little choice given new developments presented by his defense attorneys and the need to ensure a fair trial.
The trial of Duane “Keffe D” Davis, previously set for next month in Las Vegas, has been rescheduled for Feb. 9, 2026. The judge ordered prosecutors and the defense to return to court over the summer for a status hearing.
“It looks like there are quite a few things that are left to be done to get this case prepared so that Mr. Davis can have effective assistance of counsel,” Clark County District Court Judge Carli Kierny said during a short hearing.
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When asked by the judge if he was OK with moving the trial that far out, Davis agreed.
Davis’ defense team filed a motion Friday seeking more time, saying critical investigative work had to be done and witnesses needed to be interviewed to ensure he gets a fair trial. The lawyers said a private investigator identified witnesses who can testify that Davis was not at the scene of the shooting.
Attorney Carl Arnold, who is leading the defense, said the case involves decades-old allegations and critical facts have yet to be fully examined.
On the night of Sept. 7, 1996, Shakur was in a BMW being driven by Death Row Records founder Marion “Suge” Knight. They were waiting at a red light when a white Cadillac pulled up next to them and gunfire erupted.
Davis, an ex-gang leader who is accused of orchestrating Shakur’s killing near the Las Vegas Strip, has pleaded not guilty to first-degree murder and has been jailed since his September 2023 arrest.
Davis has acknowledged in interviews and in his tell-all memoir that he provided the gun used in the drive-by shooting and that he was in the car. But his court filings say his descriptions in recent years of orchestrating the shooting were “done for entertainment purposes and to make money.”
Arnold has argued that Davis never should have been charged because of immunity agreements that Davis says he reached years ago with federal and local prosecutors while living in California.
Prosecutors disagree, saying they have strong evidence against Davis and any immunity agreement was limited.
Defense attorneys also are raising questions about the manner of Shakur’s death, saying they have witness information indicating that he was in stable condition after the shooting and died suddenly after being hospitalized for a week. They want to consult medical and forensic experts to evaluate potential alternative causes of death.
This article was originally published by The Associated Press.