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The Atlanta judge overseeing rapper Young Thug’s gang trial has been ordered removed from the case — a stunning development in sprawling proceedings that have already become the longest-running in Georgia state history.
The ruling, issued by Judge Rachel Krause, came a month after revelations of a secret “ex parte” meeting between Judge Ural Glanville, prosecutors and a key witness. Attorneys for Thug and other defendants have argued that the meeting violated their constitutional rights to a fair trial.
Glanville says the meeting was proper and has repeatedly refused requests to step down, but earlier this month referred the case to Krause to decide whether he should continue presiding over it. And in a decision on Monday (July 15), she said that he should not.
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“This court has no doubt that Judge Glanville can and would continue presiding fairly over this matter if the recusal motions were denied,” Krause wrote. “But the necessity of preserving the public’s confidence in the judicial system weighs in favor of excusing Judge Glanville from further handling of this case.”
Krause did not specify who would take over the proceedings, or how the ruling would impact the timeline of the trial, which has already been underway for more than 18 months. Neither prosecutors nor defense attorneys immediately returned requests for comment on Monday.
Thug (Jeffery Williams) and dozens of others were indicted in May 2022 over allegations that his “YSL” was not really a record label called “Young Stoner Life” but rather a violent Atlanta gang called “Young Slime Life.” Citing Georgia’s Racketeer Influenced and Corrupt Organizations (RICO) law, prosecutors claim the group operated a criminal enterprise that committed murders, carjackings, armed robberies, drug dealing and other crimes over the course of a decade.
The trial has already been beset by procedural delays. Jury selection last year took more than 10 months to complete, and prosecutors have already spent many months presenting only part of their vast list of witnesses. The case is expected to run until at least early next year.
Last month, Thug’s attorney, Brian Steel, revealed that he had learned of a secret meeting between Glanville, prosecutors and a key witness named Kenneth Copeland. Claiming that the judge had helped prosecutors coerce the uncooperative Copeland into testifying with threats of extended jail time, Steel argued that the ex parte meeting was clear grounds for a mistrial.
Rather than address Steel’s complaints, Glanville instead demanded to know how he had learned of the meeting and eventually ordered him sent to jail when he refused to share his source. Since that bizarre incident, Steel and other defense attorneys have repeatedly demanded that Glanville step down from the case.
“Glanville’s actions offend public confidence in the independence, integrity, and impartiality of the judiciary,” wrote fellow defendant Yak Gotti (Deamonte Kendrick) in a petition last month to Georgia’s Supreme Court.
In her ruling on Monday, although Krause ordered Glanville removed from the case, she made a point to say that the ex parte meeting itself appeared to have been mostly above board: “While the meeting could have — and perhaps should have — taken place in open court, nothing about the fact of the meeting or the substance discussed was inherently improper.”
Rather than the meeting with prosecutors itself, Krause said that it was Glanville’s later handling of the fallout from those revelations — namely, his choice to rule on a dispute in which he himself was involved — that now required that he step away from the case.
“In presenting his record as to the recusal issues and in ruling on Kendrick’s motion, Judge Glanville evaluated and accepted the truth of his own factual allegations, mandating his recusal,” Krause wrote.
Disney Music Group and AudioShake, an AI stem separation company, are teaming up. As part of their partnership, AudioShake will help Disney separate the individual instrument tracks (“stems”) for some of its classic back catalog and provide AI lyric transcription.
According to a press release, Disney says that it hopes this will “unlock new listening and fan engagement experiences” for the legendary catalog, which includes everything from the earliest recordings of Steamboat Willie (which is now in the public domain), to Cinderella, to The Lion King, to contemporary hits like High School Musical: The Musical: The Series.
Given so many of Disney’s greatest hits were made decades ago with now-out-of-date recording technology, this new partnership will allow the company to use the music in new ways for the first time. Stem separation, for instance, can help with re-mixing and mastering old audio for classic Disney films. It could also allow Disney to isolate the vocals or the instrumentals on old hits.
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Disney’s partnership with AudioShake began when the tech start-up was selected for the 2024 Disney Accelerator, a business development program designed to accelerate the growth of new companies around the world. Other participants included AI voice company Eleven Labs and autonomous vehicle company Nuro.
At the accelerator’s Demo Day 2024, on May 23, AudioShake gave a hint at what could be to come in their partnership with Disney when AudioShake CEO, Jessica Powell, showed how stem separation could be used to fix muffled dialog and music in the opening scene of Peter Pan.
Disney explained at the Demo Day that many of their earlier recordings are missing their original stems and that has limited their ability to use older hits in sync licensing, remastering, and emerging formats like immersive audio and lyric videos.
“We were deeply impressed by AudioShake’s sound separation technology, and were among its early adopters,” says David Abdo, SVP and General Manager of Disney Music Group. “We’re excited to expand our existing stem separation work as well as integrate AudioShake’s lyric transcription system. AudioShake is a great example of cutting-edge technology that can benefit our artists and songwriters, and the team at AudioShake have been fantastic partners.”
“Stems and lyrics are crucial assets that labels and artists can use to open up recordings to new music experiences,” says Powell. “We’re thrilled to deepen our partnership with Disney Music Group, and honored to work with their extensive and iconic catalog.”
The three major record labels are suing Verizon over allegations that the telecom giant effectively encouraged its internet subscribers to steal copyrighted music on a “staggering” scale.
In a lawsuit filed Friday in Manhattan federal court, Universal Music Group, Warner Music Group and Sony Music Entertainment claim that Verizon has “buried its head in the sand” in the face of repeated warnings about piracy on its network, fostering a “safe haven” for illegal activity.
“While Verizon is famous for its ‘Can you hear me now?’ advertising campaign, it has intentionally chosen not to listen to complaints from copyright owners,” lawyers for the labels wrote. “Rather than taking any steps to address its customers’ illegal use of its network, Verizon deliberately chose to ignore plaintiffs’ notices, willfully blinding itself to that information and prioritizing its own profits over its legal obligations.”
The financial stakes for Verizon could be very large. The labels accuse the company of infringing more than 17,000 songs; if a judge awarded the maximum penalty for each of those songs, the damages could total more than $2.5 billion. The allegedly-infringed tracks include music by The Beatles, Michael Jackson, Beyoncé, Katy Perry and hundreds of other top artists.
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The new case is the latest in a long line of major lawsuits aimed at forcing internet service providers to take more proactive steps to eliminate piracy on their networks. In one such case, the labels initially won a shocking $1 billion verdict against Cox Communications.
For years, internet service providers typically weren’t held liable for individual infringements by their millions of users, thanks to a “safe harbor” provided by the Digital Millennium Copyright Act. But starting in the mid-2010s, music companies began arguing that ISPs had forfeited that immunity by ignoring the DMCA’s requirement that they terminate “repeat infringers” from their network.
Beginning with a landmark case filed by BMG against Cox, those arguments have repeatedly proved successful. Major labels have filed similar cases against Cox, Charter, RCN and other ISPs in courts around the country, often winning huge judgments against them.
In the new lawsuit filed Friday, the labels turned those same arguments against Verizon. The company has allegedly received “hundreds of thousands” of notices of illegal file-sharing by specific subscribers, the lawsuit says, but “deliberately refused to take action” so that it could “continue to collect millions of dollars from them.”
“Verizon’s motivation for refusing to terminate or suspend the accounts of blatant infringing subscribers is simple: Verizon valued corporate profits over its legal responsibilities,” attorneys for the labels wrote.
Back in 2019, a federal jury in Virginia ordered Cox to pay $1 billion in a similar case, awarding the labels more than $99,000 for each of 10,017 separate songs. Though that verdict was later vacated on appeal, Cox could still face a similarly large fine when the total is recalculated in a future trial.
In technical terms, the lawsuit accuses Verizon of contributory infringement (meaning the company induced or authorized its customers to pirate the music) and vicarious infringement (meaning the ISP profited from illegal downloading it could have stopped).
A rep for Verizon did not return a request for comment on Monday.
Republic Records has named Miles Beard and David Wolter as co-heads of A&R, the company announced today (July 15). Beard, based on the West Coast, and Wolter, based on the East Coast, will report to label president and chief creative officer Wendy Goldstein.
The duo, who both joined Republic in 2022, had previously served as executive vice presidents of A&R for the label. Their new roles will see them jointly lead the A&R development and strategy for the company, as well as oversee partnerships, alongside executive vp Danielle Price, who oversees the R&B/hip-hop A&R team.
“When it comes to A&R, Miles and David are two of the industry’s most savvy and visionary executives,” Goldstein said in a statement. “They could not be more different in terms of preferences, approach and even location of the two coasts, however they’re the perfect match to run this department. They share a rare passion for music and they’re intensely committed to championing their artists. Their partnership is genuinely next-level and will be integral to our success going forward. Our focus is creating a dominant A&R team with them along with our hip-hop/R&B initiatives.”
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Beard has worked with the Jonas Brothers, with Republic’s K-pop partners on Stray Kids and TXT, and on Republic’s recent deal with Nigerian label Mavin for the singer Ayra Starr, among other projects. Wolter, meanwhile, has worked with artists like Conan Gray, Greta Van Fleet, Miranda Lambert and Zoe Kravitz for the label. Republic Records — also home to superstars like Taylor Swift, Ariana Grande, The Weeknd and more — is part of Republic Recording Company, alongside Island Records, Def Jam Recordings, Mercury Records, Casablanca Records, indie distributor Imperial and the Corps team, under Monte Lipman and Avery Lipman.
“It’s incredible to work with Wendy, Monte and Avery Lipman, and my new partner Miles,” Wolter said in a statement. “We have so much support. Wendy’s instincts are unrivaled. Monte and Avery don’t stop, and it’s inspiring. When it comes to our artists, I just want to be a vigilant fighter for their artistry. My main hope is for our team to have a massive impact on culture and challenge the status quo.”
Wolter spent a decade at Virgin Records from 1997 through 2007, signing The Gorillaz, before spending another 10 years at RCA Records, before returning to Virgin under the Capitol Music Group umbrella in 2017, and then shifting to Republic in 2022. Beard, a longtime DJ, spent 10 years at Mike Caren’s APG, signing Charlie Puth, before moving to Republic.
“Wendy, Monte and Avery make you feel like anything is possible,” Beard said in a statement. “The way they balance being good people and being extremely competitive is one-of-a-kind. David and I are opposites. He’s a purist, I just love what people love. He has no filter, I’m measured. He’s tall, I’m short. We complement each other in every way. As an A&R, I want to make our artists feel comfortable and motivated to think as big as possible.”
Although most music stocks gained value this week, Spotify dropped 4.6% to $302.27 despite the U.S. markets surging to record heights and two new analyst reports that indicated the company’s share price has much room for improvement.
On Wednesday (July 10), KeyBanc increased Spotify’s price target from $400 to $410 on the belief that the market is underestimating the company’s revenue, earnings and gross margin for 2025 and 2026. In addition, Wolfe Research initiated coverage of Spotify with a $390 price target. Given Spotify’s closing price of $302.27 on Friday, KeyBanc’s new price target implies 35.6% upside while Wolfe’s price target implies 29% upside.
There was one Spotify dissenter this week, however. Redburn Atlantic downgraded Spotify to “sell” with a $230 price target — 23.9% below Friday’s closing price. While Redburn’s analysts are impressed with Spotify’s operating momentum, they believe the market “is simply forecasting too much growth,” they wrote in an investor note. In April, Spotify — which will release its second-quarter earnings on July 23 —said it expects second-quarter revenue to be 3.8 billion euros ($4.1 billion), which would be a 19.6% increase over the prior-year period. It also said it anticipated 245 million subscribers, up 11.4% year-over-year.
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Spotify also bucked the trend among all stocks, which enjoyed a record-setting week. The Dow Jones Industrial Average and S&P 500 reached all-time highs on Friday (July 12) while the Nasdaq composite hit a new peak on Thursday (July 11). After gaining 0.2% this week, the tech-heavy Nasdaq is up 22.6% in 2024, while the S&P 500 added 0.9% and has gained 17.7% year to date.
Spotify’s fall was a major factor in the Billboard Global Music Index (BGMI) dropping 0.9% to 1,828.20 this week, though a couple of other valuable stocks also played a role even as only six of the 20 stocks lost ground this week. The index’s second-most-valuable component, Universal Music Group, declined 2.2% to 27.40 euros ($29.92) while its sixth-most-valuable component, HYBE, fell 3.9% to 189,700 won ($137.95). Despite this week’s decline, the BGMI is up 19.2% in 2024, just shy of the Nasdaq and ahead of the S&P 500.
Among stocks that saw gains this week was Warner Music Group (WMG), whose share price improved 2.0% to $30.93. On Thursday, Jefferies lowered WMG’s price target to $38 from $43, which implies 22.9% upside over Friday’s closing price. On Friday, Wolfe Research initiated coverage of WMG with a $37 price target, which implies 19.6% upside. Meanwhile, Redburn downgraded WMG from “neutral” to “sell” and has a price target of $23, 25.6% below Friday’s closing price.
Sphere Entertainment Co. led all music stocks by gaining 16.6% to $43.66, bringing its year-to-date gain to 28.4%. On Thursday, Morgan Stanley boosted its price target to $45 from $42, which implies 3.1% upside from Friday’s closing price. The company’s shares got a boost two weeks ago after hedge fund titan Steve Cohen’s Point72 Asset Management took a 5.5% stake. Sphere’s sister company, MSG Entertainment, gained 8.0% to $37.21.
It’s earnings season once again, with Spotify the first music company set to report second-quarter earnings on July 23. Which is fitting — not only is the Swedish streaming giant the most valuable publicly traded music company by market capitalization at $60.4 billion, it’s also an important bellwether for much of the music business.
Music subscriptions will continue to be the driving force for Spotify, other streaming companies, record labels and music publishers. Subscriber gains mean more money flowing through to creators and rights owners, while rising prices are benefitting streaming services and could flow down to creators and rights owners, too — although analysts have mixed opinions on whether price increases have those downstream benefits or simply pad streaming companies’ bottom lines.
Another giant of the music business, Universal Music Group, is up next, with its earnings slated to drop the day after Spotify’s (July 24). Believe and SiriusXM earnings are due the following week (both Aug. 1), while Warner Music Group is set for the week after (Aug. 8). Follow Billboard‘s list of upcoming industry events for more earnings release dates once they’re announced.
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On the touring front, for all the hullabaloo about weakened consumer demand and canceled tours and festivals, the live music market is likely to have produced another banner quarter. While everyone’s eyes will be on Live Nation to gauge the health of the business, the concert giant has yet to announce its earnings release date; CTS Eventim, which will report earnings on Aug. 22, is the only promoter to have announced so far.
Here’s what to expect in the upcoming slew of earnings reports.
Subscription gains — but without churn?
The recorded music market is having its cake and eating it, too: subscription prices are increasing, and customers don’t appear to be leaving in droves. Music subscription services are benefiting from price increases — namely Spotify in 2023, with some additional price hikes in 2024 — with little churn. Higher prices and continued subscriber growth will lead to gains in total revenue and average revenue per user (ARPU); Spotify expected 245 million subscribers at the end of June, which would be 6 million net additions in the quarter and a whopping 25 million greater than the 220 million subscribers it had on June 30, 2023. Watch out for any indications that higher prices negatively affected Spotify’s churn rate, however — although the company does not release specific churn data, it will likely warn investors if subscriber losses were greater than expected and are headed in the wrong direction. So far, however, any consumer complaints have been more bark than bite. In another good sign, streaming activity has been healthy, too. U.S. audio streams — by count, not by dollar value — were up 8.1% in the second quarter, according to Luminate.
Payoffs from price increases and cost-cutting
Spotify expects to have operating income of 250 million euros ($273 million) in the second quarter, which would be a nearly 500-million-euro ($545 million) improvement over the 247-million-euro operating loss it saw in the second quarter of 2023. If attained, that big shift from loss to profitcould be chalked up to r Spotify’s decisions in 2023 to raise prices and drastically cut back on its headcount (including a 17% workforce reduction in December). Those moves quickly produced benefits: Gross margin increased to 27.6% in the first quarter of 2024, up from 26.7% in the fourth quarter of 2023 and 25.2% in the first quarter of 2023. The reduced expenses from layoffs also helped operating margin improve to 4.6% in the first quarter — a big gain from the -2% and -5.1% margins it saw in the fourth and first quarters of 2023, respectively. Additionally, Spotify’s second-quarter guidance of 3.8 billion euros ($4.1 billion) of total revenue would be a 19.6% improvement from the prior-year period revenue of 3.18 billion euros ($3.47 billion). ARPU also increased 7% in the first quarter and is likely to improve again in the second quarter.
More advertising weakness
Music subscription services chose a good time to raise prices. Weak advertising revenues have been a recurring theme since music and tech companies began warning investors in 2022, and continued unsteadiness in the advertising market will impact ad-supported revenues for streaming companies, record labels and music publishers. On July 1, Guggenheim lowered its estimate for Universal Music Group’s recorded music ad-supported streaming growth to 10.6% from 11.1% “to better reflect more challenging comparisons” against the prior quarter, as Guggenheim analysts wrote in an investor note. However, that revision was still above the first-quarter estimate of 10.3% due to UMG’s renewal of a licensing agreement with TikTok in May.
Continued strong demand for live music
For all that has been written about fans’ lessened appetites for live music, public companies appear to be in stable conditions. In its first-quarter earnings report in May, Live Nation said that through mid-April, the percentage of large shows booked was up double-digits while concert margins had improved, too. “We are seeing no weakness,” said president/CFO Joe Berchtold, adding that artists who toured in both 2023 and 2024 are seeing better sell-through this year. And with fewer stadium shows in 2024 than 2023, Live Nation will have more concerts in the more profitable arenas and amphitheaters that it owns or operates. Analysts are still bullish on Live Nation in the wake of the Department of Justice’s antitrust lawsuit against the company filed in May: As of this week, 18 analysts have “buy” recommendations on Live Nation, four have “hold” recommendations and only one has a “sell” on the stock. CTS Eventim expects another solid year, too. In April, the German promoter and ticketing company reiterated comments contained in its 2023 annual report that predicted “further moderate sales growth” in 2024.
The Taylor Swift Effect
UMG’s financials will get a boost from Taylor Swift’s latest album, The Tortured Poets Department. Released on April 17 through UMG’s Republic Records, Tortured Poets has remained at No. 1 on the Billboard 200 album chart for 11 consecutive weeks since its April 19 release, with sales boosted in subsequent weeks by additional variants that helped it maintain chart position. In the most recent chart week, for example, two CD versions of the album that fans initially ordered through Swift’s webstore in early June were shipped. In all, Swift’s latest album topped the Billboard 200 for 9 of the second quarter’s 13 weeks and sold 2.4 million units in the U.S., with about 2 million of those coming from CD and LP sales, according to Luminate. That led Republic Records’ U.S. market share to reach an industry-leading 15.72%, up from 12.42% in the first quarter – greater than Warner Music Group. UMG’s total market share in the quarter was 36.37%, up from 34.48% in the prior-year quarter and well ahead of its 33.9% share in the first quarter of 2024.
The year so far has served up a number of intriguing new artist stories, with the likes of Benson Boone, Chappell Roan and Tommy Richman soaring to the top region of the charts for the first time. But perhaps no artist has had a more historic rise in 2024 so far than Shaboozey, whose “A Bar Song (Tipsy)” became his first-ever No. 1 song on the Hot 100 this week — a huge achievement for the artist, his team and his label partner, EMPIRE.
The achievement comes more than a month after the release of Shaboozey’s latest album, Where I’ve Been, Isn’t Where I’m Going, which debuted at No. 5 on the Billboard 200, easily the best mark of his career. But its significance goes well beyond that. After two guest spots on Beyoncé’s Cowboy Carter album helped introduce him to a mainstream audience, Shaboozey released “A Bar Song (Tipsy)” and saw it become the first song in history to reach the top 10 of the Country, Pop, Adult Pop and Rhythmic Airplay charts — a true testament to its cross-genre, or even genre-less, appeal — while making him the first Black man, and second Black artist overall after Beyoncé earlier this year, to top both the Hot 100 and Hot Country Songs charts.
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It’s also a big milestone for EMPIRE, which launched its Nashville division in 2019 and started working with Shaboozey a few years ago. After releasing his Cowboys Live Forever, Outlaws Never Die album in October 2022, EMPIRE threw the weight of the company behind the singer, bringing in the full force of its marketing, A&R and global teams, as well as devising the radio strategy that helped to deliver such a historic result. And the achievement helps make EMPIRE COO Nima Etminan Billboard’s Executive of the Week.
Here, Etminan, who alongside company founder/CEO Ghazi has built EMPIRE into an indie powerhouse for more than a decade now, talks about the company-wide strategy to help boost Shaboozey’s work, as well as what the recent achievements for his music mean for the industry and for EMPIRE itself. “We’re scratching the surface of an artist with immense talent, depth and longevity,” Etminan says of Shaboozey. “He’s got stories to tell, emotions to share and hearts to touch. I believe that we will be seeing him play arenas across the globe for many years to come and I’m excited to be there for it every step of the way.”
This week, Shaboozey’s “A Bar Song (Tipsy)” reached No. 1 on the Hot 100. What key decision did you make to help make that happen?
Shaboozey’s project has been an “all hands on deck” experience at EMPIRE. A key decision was to involve every department in every territory early on — they all played a role in this record in one way, shape or form. It’s hard to pinpoint specific decisions with a song this big; it’s a culmination of efforts.
This is Shaboozey’s first No. 1 single, after you guys have spent the past few years working with him. How have you helped him develop to get to this point, and how did you help push the song to these heights?
We saw potential in Shaboozey since our first meeting with him. He was passionate, talented and had a clear vision of what he was trying to achieve, but was still navigating his path to success in this industry. One of the key decisions was made after the release of Boozey’s first album with EMPIRE called Cowboys Live Forever, Outlaws Never Die — he and his manager Abas Pauti called me in late 2022 trying to figure out next moves and we decided to bring him closer into the core EMPIRE umbrella. His potential as a global star was starting to be apparent and we brought in marketing and A&R resources from our San Francisco headquarters to complement what our Nashville team was doing on the ground. We strategized closely with his managers Abas and Jared [Cotter] and the upward curve began with the release of “Let It Burn” in the fall of 2023. It became clear we had something very special on our hands and the building started to rally around him.
This achievement also comes five years after EMPIRE launched its Nashville division. How have you built up and grown that aspect of the business, and how do you continue to support it moving forward?
Our Nashville division got its start somewhat serendipitously in 2019 with Willie Jones. Willie was not active at the time and didn’t have any music outside of an old X Factor audition video that had went viral some years back. He was a Black country artist with an incredible voice and Ghazi and I decided to take a chance and do a deal with him. From there, we started to assemble a staff on the ground and slowly made a name for EMPIRE in Nashville — brick by brick. Ghazi firmly believed that country music was going to follow in urban music’s footsteps with just a few years’ delay — and he was right. The town was ripe for new energy and we were quickly able to sign an impressive roster of artists and developed some amazing talent on both the record and the publishing side. We’ve been pushing Nashville for five years and are planning on continuing to do so.
Shaboozey is the first Black man, and second Black artist overall after Beyoncé earlier this year, to top both the Hot 100 and Hot Country Songs charts. What is the significance of that for you guys and for him?
It’s a sign of the times — genres are merging, styles are blending and the audience’s music taste is broader than ever. Artists don’t need to be put in boxes — whether it be by race, genre or eras. Good music is good music and the listeners largely get to dictate the charts.
The song is the first in history to reach the top 10 of the Country, Pop, Adult Pop and Rhythmic Airplay charts. What was your guys’ radio strategy?
There were many, many doubters of our ability to work this record at radio. The industry loves telling independents that there’s a ceiling to what they can do on their own and this was no different. We were told it can’t be done, and as we like to do, we proved them wrong. We’ve assembled a fantastic team that we had full faith in — and they delivered.
This achievement is also a capstone for an incredible first half of the year for Shaboozey overall, with his two guest spots on Beyoncé’s Cowboy Carter and the No. 5 debut of his own album, Where I’ve Been, Isn’t Where I’m Going. How do you push things forward from here?
As cliche as it may sound, this is just the beginning for Shaboozey. The album has a lot of life left in it and some incredible songs that we will work. We’re scratching the surface of an artist with immense talent, depth and longevity. He’s got stories to tell, emotions to share and hearts to touch. I believe that we will be seeing him play arenas across the globe for many years to come and I’m excited to be there for it every step of the way.
You’ve been with Ghazi basically since the beginning of EMPIRE, helping to build this company. What does it mean for you guys to achieve this No. 1?
My path started in hip-hop. I started off as a fan of rap music in Germany, where I grew up, launching DubCNN, a platform focused specifically on West Coast hip-hop. That is what brought me to California, building friendships with some of my favorite artists growing up, and meeting Ghazi in 2008 via Daz Dillinger. My only goal at the time was to find a way to make a decent living doing something in music. No. 1 Billboard records were not on my radar — I liked underground music and I loved to help new artists gain an audience. But I saw the potential of what were doing when I watched Kendrick Lamar go from an unknown mixtape artist when I first interviewed him in 2007, to becoming a household name after his EMPIRE-released Section.80 and ultimately the biggest rapper in the world.
Ghazi and I share a passion for culture, authenticity and doing good business. What matters the most to us is doing things with integrity and leaving a legacy behind that we can be proud of. There’s a lot of foolishness that goes on in this industry; I’ve seen it from afar and I’ve experienced it firsthand. If we weren’t going to do it our way, we’d rather not do it at all. Shaboozey’s success is exactly that. He’s been through the major system, he’s seen behind the curtain, and partnering with someone like him, who shares similar values and ethics, and taking a record all the way to the top is extremely gratifying. However, I’d be lying if I said it was a goal I thought about or set out to achieve — I never chased awards, charts or any sort of outside validation. But I’m grateful for it when it happens.
Some of Canadian music’s biggest breakthroughs of the last year are in contention for the prestigious $50,000 Polaris Music Prize, which recognizes the best Canadian album of the year.
The ten albums cover a range of genres, from hip-hop to singer-songwriter to roots to dance music, with a majority of the albums made by women, non-binary and Two-Spirit artists.
The winner will be announced at the Polaris Gala on September 17 at Toronto’s Massey Hall, which is set to feature appearances from Charlotte Cardin, Jeremy Dutcher, Bambii, NOBRO, TOBi and DijahSB. The Beaches‘ lead singer, Jordan Miller, is also slated to perform with backing band The Thunder Queens. There’s no word on whether Nashville-based Allison Russell or the infamously elusive Cindy Lee will appear.
The 2024 winner will join a cohort of previous winners that includes big names like Feist, Godspeed! You Black Emperor, Kaytranada, Tanya Tagaq and last year’s winner, Debby Friday.
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The Polaris Prize honors albums based solely on artistic merit, with no regard for sales or label affiliation.
2024 Polaris Prize Shortlist:
BAMBII — INFINITY CLUB
The Beaches — Blame My Ex
Charlotte Cardin — 99 Nights
DijahSB — The Flower That Knew
Jeremy Dutcher — Motewolonuwok
Elisapie — Inuktitut
Cindy Lee — Diamond Jubilee
NOBRO — Set Your Pussy Free
Allison Russell — The Returner
TOBi — Panic
– Rosie Long Decter
M for Montreal Announces Billboard Canada as Presenting Partner
Billboard Canada is reinforcing its commitment to the Quebec music market through a new multi-year partnership with M for Montreal starting in 2024. The strategic alliance promises to elevate the music industry on a major scale.
For 19 years, M for Montreal has been an important step between Canadian artists and global music markets. The festival will host this year’s edition from November 20-30, featuring over 70 events, including conferences, industry mixers, the SuperVISION: Guild of Music Supervisors Rendez-Vous and more than 40 concerts, including more than 30 that will be open to the public through the annual MARATHON festival presented by SiriusXM. This year’s edition will feature acts including Bibi Club, Karkwa, Peter Peter, Soleil Launière, Vox Rea, myst milano. and more. In total, over 100 artists are slated to play.
M for Montreal is an important gathering for the music industry, with attendance from delegates from around the world: not just Quebec and the rest of Canada, but France, the United States, the United Kingdom, Germany and beyond. With over 500 local, national and international delegates, it acts as a business catalyst for Quebec’s robust and unique music industry.
In 2023, there were 27.8 billion streams on on-demand audio streaming services in Québec, up 16% from 2022, according to the report La consommation d’enregistrements musicaux en 2023 au Québec. Quebec artists Les Cowboys Fringants and Charlotte Cardin are among the 20 most-streamed artists in the province, while Quebec icon Celine Dion is back on the charts following the debut of her Prime Video documentary.
M for Montreal has a strong reputation for helping artists connect with potential team members and collaborators as well as for exporting Quebecois and Canadian talent to the global market. Meetings and showcases happen in both French and English as well as other languages, connecting an increasingly multilingual music scene and building relationships with valued music professionals across borders.
“This partnership is incredibly meaningful for us,” says Amanda Dorenberg, CEO of Billboard Canada. “Billboard Canada chose to partner with M for Montreal because of their shared commitment to fostering local talent and promoting the music industry both locally and globally. M for Montreal is a cornerstone conference for both the Quebec market and the broader Canadian music scene. We are thrilled to collaborate with them to drive global influence and recognition.” – Richard Trapunski
Quebec Music Video Channel MusiquePlus Is Returning for a One-Night-Only TV Special
A classic Quebec channel will be brought back to life this September for a one-night-only celebration.
MusiquePlus, the Francophone counterpart to MuchMusic, is returning in the form of an upcoming hour-long TV special, MusiquePlus en Rappel, which is set to air this fall.
The channel, originally broadcast from 1986 to 2019, shone a spotlight on music videos and rising Canadian talent. The Bell Media special produced by Zone3 will look back on the station’s heyday and feature performances from contemporary musicians like singers Naomi and Soran and hip-hop artist Aswell.
Bringing back the format of MusiquePlus’ old showcase, Artistes du mois, or Artists of the Month, the special will be filmed at Montreal’s Société des arts technologiques in August and hosted by TV and social media personality Chloée Deblois.
Like its English Canada counterpart MuchMusic, MusiquePlus was founded by Moses Znaimer alongside Pierre Marchand and is now owned by Bell Media. MusiquePlus officially stopped broadcasting in 2019 when it was rebranded as Elle Fictions.
Though music video channels like MusiquePlus and MuchMusic are no longer staples of pop culture, the nostalgia for them has a strong pull.
The MusiquePlus revival follows the 2023 documentary focusing on MuchMusic, 299 Queen Street West, which saw packed screenings in Toronto and Montreal last fall (the latter of which counted former MusiquePlus host Sonia Benezra as an attendee). That documentary was also set to air on Crave before it was removed from the Bell Media streamer’s schedule amidst a copyright dispute related to music footage.
LIke MusiquePlus, MuchMusic has had its own next-generation revival, the latter as a Bell Media TikTok channel. Each has been a formative and influential part of the Canadian music industry over the last few decades, and there is clearly life left in both.
MusiquePlus en Rappel will debut on Crave, Noovoo and Noovoo.ca on September 3 at 8 p.m. ET. – RLD
RCA Records has signed BERWYN in the U.S. as the Trinidad-born, London-raised rapper looks to plant his feet in America with his debut 12-track studio effort, WHO AM I. “[It’s] amazing to have the backing of a label like RCA, which has an incredible history of working with some of the greatest artists in black […]
Welcome to a steamy edition of Executive Turntable, Billboard’s comprehensive(ish) compendium of promotions, hirings, exits and firings — and all things in between — across music. Check out this year’s Pride List of top LGBTQ+ executives in the industry. We also have a weekly interview series spotlighting a single executive and a regularly updated gallery honoring many of the industry figures we’ve lost throughout the year.
Big Loud Records promoted Stacy Blythe to executive vp of promotion, effective immediately. Much like her fellow recent promotee Patch Culbertson, she reports directly to partners Seth England, Joey Moi and Craig Wiseman at the Nashville-based label. Blythe joined Big Loud in 2015 and most recently held the position of svp of radio promotion. She and her promo team are credited with pushing two dozen No. 1 singles to radio during her nine-year stretch, starting with Chris Lane’s “Fix” and most recently hitting the mark with Post Malone and Morgan Wallen’s “I Had Some Help.” In addition to Wallen, Big Loud’s roster includes ERNEST, HARDY, Lauren Alaina, Lily Rose, Maggie Rose, HIXTAPE and others. Blythe is a fixture in assorted Billboard lists of influential executives, including Women In Music, Indie Power Players and Country Power Players. “Stacy is a day-one believer in Big Loud,” England said. “She is not only a radio expert, but a relationship builder and an investor in people, as well as a trailblazer within the industry at large that helped us build this company from the ground up. Stacy is integral to the success of our organization, and on behalf of all of the partners, we are honored to continue growing with her.”
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After roughly 18 years in the thick of Japan’s music industry, first at MTV, then Universal and Amazon before spending the last two years in the C-suite at Warner Music Japan, veteran executive Kazuhiro Shimada is taking a break. Shimada said earlier this week that Tuesday (July 9) was his last day as WMJ’s chief operating officer, a post he took on in late 2022 following a celebrated two-plus years as director and general manager of Amazon Music Japan. Prior to that he clocked a decade overseeing business affairs at UMG, and in the aughts was a vp of strategy at MTV Networks Japan. “I would like to express my deepest gratitude to all my colleagues whom I have worked with, business partners, artists and artist managers who have supported me throughout the time,” he said. “I plan to take a break for a while to recharge myself and look forward to the next challenge in the near future.”
Guitar Center appointed Adolfo Rodriguez as executive vp and chief technology & information officer, effective immediately. Reporting to CEO Gabe Dalporto, Rodriguez will harness the senior leadership experience he acquired at companies such as Advance Auto Parts, Citrix and IBM to develop and execute innovative technological advancements at the musical instrument retailer. Guitar Center’s biggest competitor in online retail is Sweetwater, but in the brick-and-mortar game — it has 300-plus stores in the U.S. — the company is about to be the only major player following the pending closure of all Sam Ash stores. “I am thrilled to join Guitar Center at such a pivotal time in its history,” said Rodriguez. “As a passionate musician and advocate for leveraging technology to drive business growth, I am eager to blend my professional expertise with my personal experience.”
Sony Music Latin-Iberia promoted Sergi Reitg to vice president of premium content, a role in which he’ll oversee various audiovisual initiatives throughout Spain and Mexico. Based in Spain, Reitg reports to Fernando Cabral, SML-I’s evp of strategic partnerships. Reitg has spent the last six years leading the company’s premium content team in Spain — recent productions include the documentary Sintiéndolo Mucho and the MAX series Acoustic Home — and will now broaden his remit overseas to North America. “Sergi’s vast experience and innovative approach to the film and television space makes him the perfect creative for this role,” said Cabral.
The Bluegrass Music Hall of Fame & Museum said longtime executive director Chris Joslin will step down later this month. Joslin, who joined the Owensboro, Ky.-based organization in 2015, is headed to suburban Nashville to oversee development and fundraising for Mission Lazarus, a faith-based nonprofit with operations in Honduras and Haiti. During his tenure, the Hall moved offices, rebranded, launched a magazine during the pandemic and grew its signature ROMP Festival into a premiere destination event for bluegrass fans. “Chris led our organization through a crucial era, and under his stewardship the Bluegrass Music Hall of Fame & Museum has flourished into a destination point for bluegrass music fans from all over the world,” said Chris Love, board chair of the Bluegrass Music Hall of Fame & Museum.
NASHVILLE NOTES: Red Street Records promoted Cambria Sojka to creative director, serving both country and Christian rosters at the Jay DeMarcus-founded label. Working closely with Sojka is newly hired Gianna Robinson as the label’s digital content coordinator. Both report directly to vp Michael Steele … Former RCA Nashville svp of promotion Dennis Reese joined artist management company Neon Coast. Their marquee artist? RCA Nashville superstar Kane Brown … Business management firm FBMM promoted Nashville-based Beth Tyson and New York-based Brian Gordner to associate business manager from account manager.
There’s been a C-suite shuffle at Muse Group, home to musician-focused digital tools like Ultimate Guitar, MuseScore and Audacity, as well as sheet music publisher Hal Leonard. Joining the company as chief growth officer is Sven Ahrens, who will oversee a team driving acquisition, engagement and retention of Muse’s apps and products. He arrives from Spotify, where he ran the streaming giant’s subscription growth team. Sliding over from Hal Leonard is the publisher’s longtime chief financial officer Debbie Diekelman, who is now CFO of the whole shebang. Finally, Mo Chahdi joined Muse as COO following a 20-year career that has included stops at AI company Aspen and Dell Technologies. “Sven, Mo and Debbie bring deep and diverse experience to our senior leadership team,” said Eugeny Naidenov, CEO of Muse Group. “Their visionary approach, proven success in scaling businesses and passion for our mission will be invaluable as we continue to evolve to best serve our global community of musicians, educators and learners.”
Nielsen hired advertising veteran Akhil Parekh as its chief solutions officer of digital product, responsible for overseeing the audience measurement company’s ads products, as well as forging strategic partnerships. He arrives from French ad conglomerate Publicis Groupe, where he was most recently executive vp and managing director … Nielsen also announced that former Snapchat, Chime, AOL, Spotify and HuffPost executive Jaren Grusd has joined the company as CEO of its metadata unit Gracenote. The data firm was previously led by Sujit Dasmunshi, who now assumes the role of chief operation officer.
Cinq Music promoted Diana Schweinbeck from director of marketing to senior director of artists and label services. In her new role, Schweinbeck and company will focus on optimizing the end-to-end release process for Cinq artists and labels. Prior to joining the Los Angeles-based distributor, label and publisher, Schweinbeck ran Schweinbeck, LLC, where she offered branding and management services to new artists. “Diana is a seasoned operator with artist management experience and a strong network, making her the perfect fit for understanding artist needs and running this department,” said Barry Daffurn, Cinq Music president and co-founder.
Evelyn Ingram joined Austin-based venue booking software company Prism.fm as senior director of strategic partnerships. Ingram is a veteran of the business, most recently at EventBooking and earlier at Ungerboeck and Momentum Technologies, and has carried on a “very friendly rivalry” with Prism.fm CEO Matt Ford for years, he said. “One of my favorite parts of running a company is building out an awesome team and Evelyn certainly adds to that,” Ford added. “Her experience, her love for life, the intelligence in her approach… Very excited for the future!”
Ex-Directors Guild of America general counsel David Korduner joined KM&M as partner in Los Angeles in the firm’s entertainment and labor practice. Most recently, Korduner served as svp and associate general counsel of labor relations at indie studio Fifth Season. “David’s impressive experience in union relations, contract negotiations, and overseeing legal and labor issues in the entertainment industry complements our entertainment labor practice,” said Bill Zuckerman, KM&M’s managing partner and entertainment group leader.
ICYMI:
James Dolan
Universal Music U.K. reorganized operations into what CEO David Joseph called “two new powerhouse frontline label groups” — Island EMI Label Group, headed by Louis Bloom as president, and the newly formed Polydor Label Group, led by Ben Mortimer … James Dolan got a three-year contract extension to continue running Sphere Entertainment … and BMI welcomed Tom Kershaw as chief technology officer and Justin Rohde as chief transformation officer.
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