Business
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Primary Wave Music has acquired the producer royalty and neighboring rights royalty streams for artist manager, music critic, and record producer Jon Landau.
This deal includes Landau’s points and neighboring rights royalties to songs by Bruce Springsteen, whom he worked with as a co-producer for Born To Run, The River, Darkness on the Edge of Town, The Promise, Born in the U.S.A., Live 1975-1985, Human Touch, Lucky Town and Tracks. The deal also entails his producer and neighboring rights royalties for his production on Jackson Browne’s The Pretender.
A Rock & Roll Hall of Fame inductee, Landau was a pivotal figure in rock music during his decades-long career. Landau got his start writing about music for publications like Crawdaddy and The Boston Phoenix and by 1967 he was hired by Jann Wenner as the lead writer for the brand new Rolling Stone publication, a position he held for a decade.
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By 1970, Landau was simultaneously writing for Rolling Stone and getting back to his roots as a lifelong musician by producing MC5’s studio album debut Back In The USA.
He got to know Springsteen in 1974 after he reviewed a performance by the singer-songwriter and called him the “future” of rock music. The following year, he co-produced Born To Run, cementing both his relationship with The Boss and his career as a producer. He would go on to co-produce eight more of his records. During this time, he also befriended Browne and produced 1976’s The Pretender, featuring songs like “Here Come Those Tears Again” and the title track.
Two decades later, Landau experienced another career peak as the manager for Shania Twain. He helped build the country-pop artist’s career, leading her to true super stardom with her 1997 album Come On Over, featuring the song “Man! I Feel Like a Woman!” and “You’re Still The One.”
Landau has also worked with artists like Natalie Merchant, Train, Alejandro Escovedo, Livingston Taylor and more.
“I thank all at Primary Wave for recognizing my contributions over the last fifty years and look forward to having an ongoing and productive relationship with them,” says Landau of the deal.
Marty Silverstone, president of global synch at Primary Wave, adds: “We’re honored to be partnering with Jon Landau and all of the legendary music he helped shape. He’s an influential figure in music, and we’re proud to welcome him to the Primary Wave family.”
The transaction between Landau and Primary Wave Music was facilitated by David Simone and Winston Simone.
Roc Nation and its music distribution wing, Equity Distribution, have merged to form Roc Nation Distribution, sources tell Billboard. As part of this new formation, all artists currently signed to Roc Nation the label will be under ROC Nation Distribution.
Sources add that ROC Nation Distribution will continue to sign artists and offer myriad services similar to those provided by Equity Distribution. Established in 2019, Equity Distribution works with independent artists who wish to retain ownership of their masters. Under the leadership of president Krystian Santini, Equity offers a range of services including in-house marketing and publishing administration. Notably, they have worked with independent artists like Mach-Hommy and Tinashe and brought Jay-Z‘s 1996 debut album, Reasonable Doubt, to streaming services in 2019.
As part of the move, Shari Bryant, co-president of Roc Nation’s record label, has stepped down from her post. Bryant became co-president alongside Omar Grant in 2019 after former label president Benny Pough departed. Bryant and Grant signed new acts to the label during their tenure, including Maeta, Ambre, Reuben Vincent and Kalan FrFr.
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Roc Nation was originally founded in 2008 as a joint venture with Live Nation to cover Jay-Z’s touring and future recordings; the company signed its first artist, J. Cole, the following year. Since then, Roc has expanded into a full-service entertainment company, with management, sports, publishing and distribution divisions, as well as a long-running festival, Made In America; the company also has a deal with the NFL to oversee the programming for its Super Bowl Halftime Show and its social justice initiatives. Over the years, the label released several chart-topping albums from Jay-Z, J. Cole, Rihanna and a slew of others; the roster had more recently included artists such as Rapsody, Vic Mensa, Belly, Snoh Aalegra, and Jaden and Willow Smith.
In March, Maeta landed her first No. 1 on Billboard‘s Adult R&B Airplay chart with the success of “Through the Night” featuring Free Nationals. Grammy-nominated MC Rapsody released her new album, Please Don’t Cry, through Roc Nation and Jamla Records in May with features from Erykah Badu and Lil Wayne.
Roc Nation Management remains formidable, boasting names such as Megan Thee Stallion and Lil Uzi Vert. In June, Megan released her eponymous album, which debuted at No. 3 on the Billboard 200; it featured her Billboard Hot 100 chart-topper, “Hiss.” Tinashe, also managed by Roc, regained momentum this year when she notched a hit with “Nasty,” her first Hot 100 entry as a lead artist since 2014’s “2 On.” The management division also reps DJ Khaled, J Balvin, Yo Gotti, Robin Thicke, Mustard, Christina Aguilera and more, according to its website.
For most of the last decade, three labels have dominated the U.S. recorded music business: Universal Music Group’s Republic and Interscope, and Warner Music Group’s Atlantic. So on Aug. 1, when Warner announced that as part of a management shakeup it had appointed Elliot Grainge as CEO of Atlantic Music Group, the move came as a surprise. Co-chairmen Julie Greenwald and Craig Kallman had led Atlantic for two decades, through the hardest years of the music business, to become two of the most respected executives in the industry. Now, after two years of declining market share, leadership will pass to a 30-year-old executive who comes from outside the major label system.
Within a week, Greenwald, who had been elevated to chairman of Atlantic Music Group, announced that she plans to leave at the end of January. (Kallman, one of the all-time A&R greats, will stay on as CEO of Atlantic Records, under Grainge.) And the entire business seems to be wondering, What does this mean? It’s a big gamble for WMG CEO Robert Kyncl. Grainge, the son of UMG chairman/CEO Lucian Grainge, has an impressive track record of success on a smaller scale, but not much on the kind of scale major labels usually operate. What’s going on?
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The obvious answer is that this is the acceleration of a youthquake in the music business. Streaming payouts are determined disproportionately by younger listeners who spend more time online. The industry’s top executives aren’t getting any younger, and the music business has never been much for succession planning.
One industry executive I spoke with asked sarcastically if I thought Grainge was familiar with Ruth Brown, the R&B icon who had so many hits in the 1950s that Atlantic was nicknamed “the house that Ruth built,” in a nod to Yankee Stadium. I have no idea, but I also know that most young listeners don’t, so, as much as it pains me to say this, maybe that doesn’t matter so much. Greenwald is now regarded as an industry leader, but she wasn’t so much older than Grainge is now when she became president of Island Records in 2002.
Grainge does seem to have a skill for identifying artists who are building an audience online and putting resources behind them in a smart way. Is his 10K Projects, which became part of WMG last year, a model for the label of the future? He hasn’t built the careers of any household-name superstars, which has been the traditional strength of the majors, though some of the acts he signed, like Ice Spice, are still on the rise.
As recently as two years ago, the trend lines seemed clear: Hip-hop was conquering the world, not only growing but also shaping emergent genres from Latin urbano to Afrobeats. Now it’s a bit harder to make sense of what’s working. Pop is getting bigger, but so is country. Latin is growing faster than ever, but tastes are changing there, too. And fans are more fickle than ever. Katy Perry’s comeback is faltering. The new album from Dua Lipa, which seemed like a sure thing, has had a slow start. Are listeners just hungry for new artists? Maybe. But Sabrina Carpenter released her first album before Dua did. Only Taylor Swift endures. As for everyone else, all we are is dust in the wind.
Amid this uncertainty, it’s tempting to think that someone must have the answers — especially if that person is young. Sure, the feeling goes, I don’t understand what’s happening, but I bet that guy does. And maybe he does! Grainge built a successful company by focusing on finding, developing and marketing talent in the digital world. The major labels have generally made bigger bets that paid off, or didn’t, in a bigger way. That’s harder to do now — there are fewer real superstars partly because there are fewer real paths to superstardom.
It may be more important than ever, though. Hit albums remain popular longer than ever, boosting the success of previous music by the same artist. Of the top 10 albums of the first half of 2024, Morgan Wallen had two of them, one each from 2021 and 2023; Zach Bryan’s 2023 album was the 8th biggest of the first half of 2024, so he could well have two of the biggest releases this year. (That top 10 list for the first half of 2024 has only seven artists.)
That’s the kind of success Grainge needs to bring to Atlantic, whether it comes from new acts or old ones, big bets or small ones the label doubles down on, or some combination of the two. All of the questions this raises about the future of the music business — What does this mean? What’s going on? — will be answered, at least to some extent, by how he does at that.
Sonos is letting go of 6% of its workforce — more than 100 people — after a disastrous redesign of their app and mounting customer complaints forced the company to lower its projected sales and delay product launches. The layoffs, first reported by The Verge, were announced in a company filing on Wednesday (Aug. 14). […]
City of Hope will present Jay Marciano, chairman and CEO of AEG Presents, with its prestigious Spirit of Life Award at a Oct. 22 gala headlined by legendary singer and songwriter Elton John.
City of Hope is one of the largest and most advanced cancer research and treatment organizations in the U.S. and a leading research center for diabetes and other life-threatening illnesses. The Spirit of Life Gala, organized by the City of Hope’s Music, Film and Entertainment Industry (MFEI) volunteer and fundraising group’s, will take place at the historic Shrine Auditorium and Expo Hall in downtown Los Angeles. Marciano is the 51st executive to be honored during the annual affair, recognizing individuals for their longtime philanthropic and humanitarian efforts. Besides managing some of the largest tours in history — Taylor Swift’s “Eras Tour” and Elton John’s “Farewell Yellow Brick Road” — Marciano is focused on galvanizing the industry to accelerate cancer research at City of Hope so that more people around the world may benefit from its findings.
In addition to the performance by John, attendees will experience a curated menu by chef Evan Funke, a master of the old-world techniques of handmade pasta, and an unprecedented act by magician and mentalist David Blaine — both experiences promise to round out an evening of magic. Comedian, actor, musician and writer Fred Armisen will emcee the event.
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“I am honored to be receiving The Spirit of Life Award from City of Hope and to be able to contribute to raising awareness and funds to speed its important work of eradicating cancer and improving lives for so many,” Marciano said in a statement. “I am also humbled and grateful that Elton John, a true superstar in every regard, has agreed to lend his immeasurable talents to this event with a performance that’s sure to inspire support for a cause that unfortunately touches so many lives.”
John’s historic, final tour saw the musical icon play 330 shows worldwide to over 6.25 million fans across the UK, Europe, North America and Australia. The U.S. leg of the tour concluded with three sell-out shows at Dodger Stadium. The concert was livestreamed on Disney+ in every territory the channel broadcasts in, a global first. He later headlined Glastonbury’s Pyramid Stage in June 2023, the final UK show before the Farewell Yellow Brick Road tour concluded in July 2023, marking the end of more than 50 years on the road. Now, the stage has been set for another very special performance at the Spirit of Life Gala.
“Jay is more than a colleague; he is a dear friend,” John said. “It is my pleasure to lend my support to him as he receives the Spirit of Life honor, especially given City of Hope’s dignity-giving supportive care for people who face cancer, along with its unmatched research for other life-threatening illnesses. Their important work has led to advancements in the field that have fortunately enabled so many people to live beautiful, long lives. Everyone should have that opportunity, and I’m honored to play a part in City of Hope’s work towards that goal.”
Founded more than a century ago to serve people who had trouble accessing high-quality, effective cancer treatment, City of Hope combines inclusive, compassionate care with big dreams realized through breakthrough scientific research.
“Our longstanding supporters in the entertainment industry are helping us deliver on our most important goal: saving lives,” said Robert Stone, CEO of City of Hope and the Helen and Morgan Chu Chief Executive Officer Distinguished Chair. “Thank you, Jay, and our partners for helping us ensure that people with cancer, regardless of race, socioeconomic status or geography, have equitable access to the most advanced cancer treatments available.”
In its 50-plus year history, MFEI raised over $150 million to benefit City of Hope research and care programs.
“The music industry has the power to unite millions of people for a cause, and when that cause is cancer research, the impact can be transformative,” said Kristin J. Bertell, chief philanthropy officer at City of Hope. “Jay’s support will amplify awareness, raise crucial funds, and inspire hope for millions of cancer patients and their families. It’s not just about entertainment; it’s about saving lives through the power of philanthropy,” Bertell continued.
“City of Hope’s MFEI Board cannot thank Jay Marciano, and his entire team, enough for all they are doing to help fight these horrible diseases,” said Evan Lamberg, president of Universal Music Publishing Group. “There is not a single person I meet that has not, in some way directly or indirectly, been affected by cancer. City of Hope continues its battle against cancer around the clock and looks to continue to make the quality of people’s lives better.”
MFEI’s Spirit of Life Gala will conclude a year-long fundraising initiative which will also include auctions and a dinner series to benefit City of Hope. Tickets and sponsorship information can be found here.
Mobile learning platform Duolingo has struck a partnership with Sony Music that will bring more than 60 recordings from Sony artists including Whitney Houston, Hozier, Pink and Meghan Trainor to Duolingo’s music education course, it was announced Thursday (Aug. 15). The tracks, which are now available on the Duolingo platform, will help music learners “study […]
BRISBANE, Australia — Bluesfest Byron Bay will wave bye-bye after its 2025 edition.
The event is an institution on the Australian festivals calendar, staging performances from the likes of Bob Dylan, BB King, Paul Simon, John Mayer, Mary J Blige, and Kendrick Lamar, plus homegrown stars Cold Chisel, Midnight Oil and Crowded House, across its 35-year history.
Its place and time is unique, presented each year over the Easter long weekend, the final fest of the warmer months, doing so from its home of Byron Bay, the picturesque beach town that sits on the most easterly point of Australia.
“To my Dear Bluesfest Family, and after more than 50 years in the music business, Bluesfest has been a labour of love, a celebration of music, community, and the resilient spirit of our fans,” writes Peter Noble, Bluesfest festival director.
After the 2025 fest, “as much as it pains me to say this, it’s time to close this chapter,” he continues.” Next year’s festival is “definitely” happening, “but it will be our last.”
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Bluesfest is one of the most-popular, and longest-running, multi-day shows of its kind in Australia. Its organizers boast a swag of domestic and international awards, including multiple Helpmann and Pollstar trophies.
History apparently means little in a marketplace where the cost-of-living crisis, changing ticket-buying behavior and a slew of factors are crushing the widerfestivals business.
No brand is immune.
This year alone has seen a remarkable lineup of casualties, including Splendour In The Grass, Groovin The Moo, Spilt Milk, Caloundra Music Festival, Harvest Rock and others.
During its heyday, Bluesfest averaged 85,000 attendees. That figure swelled to 102,000 in 2022, when live music returned from the lockdown years. The most recent show, however, counted fewer than 65,000 attendees.
When Bluesfest collected the best festival award at Variety Australia’s Live Biz Breakfast in June, Noble, speaking from the podium, delivered a rallying cry for festival organizers in these particularly tough times.
“We’ve really got to be as one as an industry. We need to speak to government,” he remarked. “We need to say this is the time you support our industry because we are facing an extinction event and that event can be looked at during the times of COVID, government delivered a lot of funding… come on government. Give us a hand up, we don’t want a handout. We can get through this because our industry is worth it.”
The final edition of Bluesfest will be a four-day event, from April 17 to 20, 2025, on the 300-acre Byron Events Farm, about 7 miles north of Byron Bay.
The first artist announcement for Bluesfest 2025 will be made next week. “This final edition is not just the end of an era,” reads a statement, “it’s a celebration of everything that Bluesfest has stood for over the past 35 plus years – music, community, and unforgettable experiences.”
SAVANNAH, Ga. (AP) — Rapper Quando Rondo pleaded guilty Tuesday to a federal drug offense before a judge in Georgia. The 25-year-old rapper, whose given name is Tyquian Terrel Bowman, was indicted in U.S. District Court last December on charges of conspiring with others to possess and distribute drugs including methamphetamine, fentanyl, cocaine and marijuana. […]
Billie Eilish and FINNEAS have a new touring and live events agent in William Morris Endeavor (WME), a representative for the two superstars confirms to Billboard. “While grateful to their former live booking agents at Wasserman, Billie Eilish and Finneas O’Connell have opted to have film, TV, and music handled by the same agency, WME, […]
After hosting residencies by Dead & Company and Phish, Sphere Entertainment Co. closed out its fiscal year ended June 30 with revenue of $273.4 million and a net loss of $46.6 million in the fourth quarter.
For full-year revenue, the company posted a $201-million net loss on revenue of $1.03 billion. That’s nearly double the $573.8 million revenue number in the prior year, when the Sphere venue in Las Vegas had revenue of just $2.6 million after launching late in 2023.
Following the earnings release, shares of Sphere Entertainment jumped 9.3% to $44.55 on Wednesday (Aug. 14).
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The MSG Networks division had quarterly revenue of $122.2 million, down 6.2% from the prior-year period, and annual revenue of $529.7 million, a 7% decline. MSG Networks operates two TV sports networks, MSG Network and MSG Sportsnet, and the MSG+ streaming platform.
The eye-grabbing $2.3-billion Sphere venue in Las Vegas reported revenue of $151.2 million in the latest quarter. Events such as concerts and corporate events accounted for revenue of $58.4 million. The Sphere Experience, an interactive experience combined with a showing of the film Postcard from Earth, had revenue of $74.5 million from 208 performances.
Sphere generated revenue of $489.4 million in its first three full quarters of operation. Though U2 opened its 40-date run at the end of the first fiscal quarter, the bulk of the concerts occurred in the second and third quarters. Four dates by Phish in April were followed by Dead & Co.’s 30-date residency that concluded Aug. 10.
With state-of-the-art visuals and audio, as well as the capacity to host multiple types of events, Sphere “has the potential to change the entertainment landscape for artists, guests and partners,” CEO James Dolan said during Wednesday’s earnings call. “Fully realizing that vision will take time, but we are learning every day how to optimize Sphere’s operating model.”
While its concerts have generated worldwide media attention and exposure on social media, Sphere’s financial potential depends on maximizing its utilization beyond that of a traditional venue. To that end, Dolan said the company is “making progress” toward its goal of hosting multiple events in a single day. The Sphere Experience, which includes the 50-minute film Postcard from Earth, ran on the same days as Dead & Company’s shows in July and August.
Sphere is also branching out into different types of events that take advantage of its Las Vegas location and an ability to offer dazzling visual displays on its 160,000-square-foot video screen. In June, the venue hosted its first corporate keynote event with Hewlett Packard Enterprise as well as the NHL Draft.
The content category, which includes Postcard from Earth, is another aspect of maximizing Sphere’s usage. Content generated more than $1 million in average daily ticket sales in the latest quarter, according to Dolan, and has earned more than $300 million in “high margin” revenue since debuting in October 2023.
“We are actively developing new cinematic experiences and expect to launch our next attraction in the coming weeks,” said Dolan. “We believe this expanding content library will benefit our Las Vegas business and strengthen our value proposition to new markets.”
The Eagles begin a 20-date residency at Sphere in September while Anyma will give the venue its first EDM shows in late December. Also in September, Sphere will host its first live sports event, UFC 306.