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Warner Music Group (WMG) and Boston-based private equity firm Bain Capital are in advanced talks to form a joint venture worth around $1 billion to acquire music catalogs, according to three sources with knowledge of the talks. Â
Led by an equity investment from Bain, the joint venture will enable WMG to write bigger checks while spending less of its own money to acquire the catalogs it wants most.Â
A representative for WMG declined to comment, and a representative for Bain did not respond to a request for comment.
High interest rates and intense competition to own the rights to music from bands like the Red Hot Chili Peppers is leading major music companies to partner with outside investors to bolster their bids and assuage shareholders who may be put off by the price of a prized catalog.
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Some of the biggest catalog sales of all time occurred last year, with Sony Music acquiring Queenâs catalog and other rights for $1.27 billion. Earlier in 2024, Sony also acquired a stake in Michael Jacksonâs catalog for $600 million.
In many cases, music companies are looking to buy out an artist with whom theyâve worked for years and whose catalog they already partially own â like Sony Music did in 2022 when it bought Bob Dylanâs master recordings. Owning more of the musicâs intellectual property not only allows for more control over how the songs are used and licensed in the future, it prevents potentially embarrassing break-ups between record labels and their superstars.
The bidding wars have grown particularly pitched for master recording rights, which are more valuable today because streaming has extended the period that a song remains popular by several years, according to entertainment banking sources. Before streaming provided listeners with easy access to the entire universe of popular music and kept songs in regular rotation through playlisting, the revenue generated by a hit songâs master recording would fall off precipitously after its hype period waned.
A growing number of successful artists are also leaving major music companies to release music independently, have grown entire careers independently or have negotiated more favorable contracts with their major label partners, giving them more ownership of their master royalties. It all has some investors worried that the total addressable market of master royalties will grow more slowly in the future than in prior decades.Â
In early 2024, Universal Music Group (UMG) invested roughly $240 million to partner with Chord Music, a catalog investment company majority-owned by Dundee Partners, to give it similar flexibility to acquire catalogs off of its balance sheet and with financial help. The agreement gave UMG the administration and distribution business for the 60,000 music copyrights owned in Chord, and, in exchange for throwing its power as the worldâs largest music company behind those assets to make them make more money, Dundee Partners became UMGâs long-term co-investment partner.
Sony Music has also partnered with institutional investors to help finance acquisitions, including Apollo, and WMG has explored investing in catalogs through outside vehicles as an early investor in both Tempo Music Group and Influence Media.
One of the financial engineers involved in structuring UMGâs deal with Chord was Michael Ryan-Southern. At the time, Ryan-Southern led Goldman Sachsâ investment banking team focused on the music industry. WMG hired Ryan-Southern last summer to serve as its head of corporate and business development, overseeing mergers and acquisitions.
Ryan-Southernâs team was key toWMGâs acquisition of Tempo Music, a $450 million deal announced on Feb. 6 that gives Warner the rights to songs by Wiz Khalifa, Florida Georgia Line and Brett James.
WMGâs ties to Bain Capital date back to 2004 when Bain was part of the investor group â also including Thomas H. Lee Partners, Edgar Bronfman, Jr. and Providence Equity Partners â to buy WMG for what was then $2.6 billion cash.Â
Time to turn it up to 11. The highly anticipated sequel of the 1984 comedy, This Is Spinal Tap, officially has a release date. Spinal Tap II: The End Continues will hit theaters on September 12 with Bleeker Street gaining the U.S. distribution rights, according to The Hollywood Reporter. Rob Reiner is returning as director, […]
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The road to March Madness is on with the conference championships taking place this week ahead of the Big Dance. The 2025 SEC Basketball Tournament takes place March 12-16 in Nashville, TN.
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Last-minute tickets to watch the SEC basketball games at Bridgestone Arena are still available on sites like StubHub and Vivid Seats. Bonus: use our exclusive promo code BB30 to save $30 off your purchase at VividSeats.com.
Want to watch the SEC Basketball Tournament on TV? Early round games air this year on SEC Network, with the quarterfinals, semifinals and championship game airing live on ESPN. Youâll need a cable package with those two channels in order to watch the SEC tournament on TV.
How to Watch 2025 SEC Basketball Tournament Online
Donât have cable? Thereâs a way to watch the 2025 SEC Basketball Tournament online. Sling TV is a streaming service that lets you watch live television from home without needing a cable subscription. The Sling Orange package includes access to ESPN (and 30+ other channels) for $45/month, while SEC Network is available through the Sports Extra add-on, which costs an additional $11/month.
What we like: Sling is currently running a limited-time promo that saves you up to 50% off your first month of service. Regularly $45+, you Sling Orange subscription is now discounted to just $23 and up.
Use Sling to livestream the SEC basketball games online from your phone, computer, tablet or smart TV (via the Sling app). In addition to ESPN, other channels on the Sling Orange plan include TBS, TNT, CNN, AMC and more. While Sling doesnât currently offer a free trial, the site offers free DVR and thousands of hours of on-demand TV shows and movies as part of its subscription plans.
Auburn is the number one seed in the SEC tournament this year, with Florida, Alabama and Tennessee rounding out the top four. All four teams earned double byes and will kickoff their tournament play during the quarterfinals on Friday.
This is one of most competitive conferences for D1 basketball this year. Auburn, Florida and Alabama could all make it deep into the NCAA March Madness tournament, but first theyâll have to make it through this field.
Auburn defeated Florida in last yearâs SEC Tournament Championship by a score of 86-67 to earn the automatic bid to the 2024 NCAA Division I menâs basketball tournament.
Watch this yearâs SEC Basketball Tournament live online through Sling TV here.
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The start of the new Formula 1 season begins with a trip to Australia for the 2025 Australian Grand Prix at Melbourne Grand Prix Circuit in Albert Park. The racing event will kick off Thursday (March 13) with practice sessions starting at 9:30 p.m. ET/6:30 p.m. PT until race day on Sunday (March 16), airing in the U.S. on Saturday (March 15) at midnight ET/9 p.m. PT. There are some streaming options thatâll let you livestream the races online.
ESPN and its networks will livestream the race and practices for you to watch at home. The easiest way to tune in is through a the networkâs cable channels. Cord cutters donât have to spend hundreds of dollars on a cable package in order to livestream the 2025 F1 Australian Grand Prix at home, there are additional ways to watch ESPN without cable.
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Keep reading to learn more.
How to Watch F1 Australian Grand Prix Online
ESPN+ is the official streaming platform for ESPN and itâs networks, which will let you watch the F1 Australian Grand Prix 2025 and more live sports coverage. The streamer comes with a variety of affordable plans starting at $11.99 per month or you can save 17% off with an annual plan for $119.99 per year.
In addition to live sports, ESPN+ has exclusive on-demand videos and access to content from what was formerly known as ESPN Insider. Youâll also be able to stream original shows to stream on-demand, game recaps and analysis hosted by Peyton Manning, a shorter version of NFL Primetime and full replays of historic NFL matchups.
To expand your savings and content offerings, you can also bundle ESPN+ with Hulu and Disney+ for a single monthly price of just $16.99 per month for all three services.
How to Watch F1 Australian Grand Prix Online for Free
ESPN is also available through live TV streamers and with current free trials and promos going on, you can watch the 2025 F1 Australian Grand Prix for free. Below, ShopBillboard put together a list of the best offers to take advantage of now.
Sling TV
Sling TV is offering new users half off their first month when they sign up for one of the three packages available. ESPN is only included in the Sling Orange and Sling Orange + Blue packages, which are discounted for as $23 for the first month (reg. $45.99 per month). After your first month youâll be charged the full package price.
The Sling Orange package comes with 32 channels that can be streamed on one device at once. For additional channel options including FS1 and the NFL Network, you can combine both plans for $33 for the first month (reg. $65.99 per month) and get access to all 48 channels. Please note that Sling TV pricing and channel availability varies from market-to-market. Learn more at Sling TV here.
Fubo
You can watch ESPN on Fubo and livestream the 2025 F1 Australian Grand Prix and more for no added cost. New users can take advantage of a seven-day free trial in addition to a promo thatâs taking $25 off the first month, giving you access to more than 200 live channels for as low as $59.99 (reg. $84.99).
Fuboâs Essential plan also comes with unlimited DVR storage, while you have the ability to simultaneously watch content on up to 10 screens.
Hulu + Live TV
Hulu + Live TV offers the most streaming options with access to more than 95 live channels including ESPN and the entire Hulu library. It starts at $82.99 per month, but unlike the rest of the options on this list, Hulu + Live TV comes bundled with Disney+ and ESPN+ for no added cost. Youâll have all of the Hulu library to watch and exclusive and original programming available only on ESPN+.
Who Is Performing During F1 Australian Grand Prix?
During the five-day motorsport event, rock bands The Living End and Spiderbait are set to perform, while rapper Baker Boy and singer Tones and I are scheduled to perform too. The musical headliner of F1 Australian Grand Prix is English DJ Fatboy Slim with Australian singer Anna Lunoe.
Stream F1 Australian Grand Prix on ESPN starting on Thursday (March 13) at 9:30 p.m. ET/6:30 p.m. PT. Race day lands on Sunday, airing in the U.S. on Saturday (March 15) at midnight ET/9 p.m. PT. The best way to watch is on ESPN+, or ESPN via Sling TV.
Want more? For more product recommendations, check out our roundups of the best Xbox deals, studio headphones and Nintendo Switch accessories.
Thomas Rhettâs new single makes only a passing reference to a truck, but itâs loaded with pickups.
The foundational electric guitar played by songwriter John Byron (âLast Night,â âPour Me a Drinkâ) required a pickup to produce a sound. The protagonist in the plot, singing to a woman around closing time at a club, is trying to make a pickup. And the phrases in the singalong chorus generally start on the second beat of a measure, leading to the downbeat of the next bar; thus, theyâre built from musical pickups.
As a result, âAfter All the Bars Are Closedâ uses pickups in hopes of yielding a pickup.
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âI would have never thought about that in my whole existence,â Thomas Rhett says.
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To be fair, the singer-songwriter doesnât actually think of it as a song about a barroom pickup. Instead, he relates it to the early days of his relationship with now-wife Lauren, when he was playing music and attending David Lipscomb University in Nashville while she studied nursing at the University of Tennessee in Knoxville. There were so many other obligations in their lives that they often had only a two-hour window after midnight for themselves.
âAnytime I write a song, whether itâs [about] heartbreak, love â whatever â Iâm either looking at my present day with my wife, or Iâm kind of looking back into when we first started dating,â he says.
Lauren wasnât the original muse, though, for âAfter All the Bars Are Closed.â Byron was working with pop songwriters Jacob âJKashâ Kasher (âLove Somebody,â âSugarâ) and Jaxson Free on March 10, 2023, in Miami, and he landed on a finger-picking guitar pattern that ends with a twisty riff. They began sifting through potential titles, and when they came upon âAfter All the Bars Are Closed,â it had a classic ring to it.
âItâs like [Semisonicâs] âClosing Time,â but kind of a country way to say that,â Byron notes.
Instead of the standard verse-chorus-verse-chorus format, they used the title as the opening line, getting to the hook immediately. That tactic was used frequently in some previous eras â Willie Nelson started with the hook on two of his most valuable copyrights, âCrazyâ and âOn the Road Again.â Larry Gatlin employed that approach in most of The Gatlin Brothersâ hits in the â70s and â80s.
âWhatâs funny about Larry is, his wife was one of my second-grade teachers,â Byron recalls. âI definitely listened to a lot of Gatlin Brothers.â
Opening with the title has an obvious advantage in an era marked by short attention spans.
âIf you can get to the hookiest part of the song first, it can really draw people in,â Byron says. âIf you think of âCruiseâ by Florida Georgia Line, if that song had started with the verse, I donât think it would have been nearly as big. [They sang] the most iconic part of the song right off the top.â
While the melody of the âBarsâ chorus started on the second beat of a measure and ended on the downbeat of the next bar, the verses had their own unique structure. The bulk of the phrases in those stanzas start after the second beat and end before the next measure â theyâre compact and tucked completely between the songâs defining beats.
As Byron, JKash and Free developed those musical parts, they saw the characters as romantically unconnected.
âWhenever me and Kash are together, we always want to make sure itâs as swaggy as possible, so most of the time, in our heads, itâs two people who arenât together,â Byron says. âI actually think itâs cool that TR did it, because him and Lauren are together. And so I think itâs a cool, fresh way for TR to pick up his wife.â
Thomas Rhett and songwriter-producer Julian Bunetta (Kelsea Ballerini, Sabrina Carpenter) had meanwhile been listening to some â50s and â60s recordings, many of which started with the hook and got to the chorus three times in just two minutes. The hook-first nature of âAfter All the Bars Are Closedâ intrigued them during a writing retreat at Lookout Mountain near Chattanooga, Tenn., when Byron introduced a rough version of the song.
âItâs like a ballad dressed up as a midtempo bop,â Bunetta says. âBut actually, when you break it down and just sing it on guitar, itâs a really tender, sweet love song. I love when things arenât always what they seem on the surface.â
Thomas Rhett and Bunetta tweaked a few melodic passages and changed some lyrics, in particular adding new words on the final chorus, where the post-midnight theme inspired a âdark side of the moonâ line. It may lead listeners with a classic-rock background to think of Pink Floyd. âWhen I heard that line, my brain went to Pink Floyd,â the singer-songwriter agrees.
Bunetta and Dann Huff (Kane Brown, Keith Urban) co-produced a tracking session for âBarsâ at Backstage in Nashville, testing its flexibility by trying a range of styles. Bunetta rejiggered the chord progression for one take, they tried playing it without the original guitar riff on another, and they even did a version with a Hall & Oates vibe.
In the productionâs early going, they settled on a rendition that was âextremely Western, like if me and Midland sort of had a baby,â Thomas Rhett says. âMe and Julian both lived with it for a couple of weeks, but it just didnât give us the same emotion that the original did.â
They mixed and matched parts from those various takes for the album, though Bunetta eventually adopted a less-is-more attitude about the arrangement, built primarily around Byronâs guitar work on the demo.
âThe more I tried to add, the less I liked the song, the more the emotion got buried, and the more his voice got buried,â Bunetta says. âIt just wasnât as effective, so I tried to keep it sparse and keep it all about his voice, [with] a couple of those little colorful, electric bits on the left and the right side.â
The album version had a pop edge to it, with Byronâs harmony parts from the demo providing loose background vocals. Bunetta âcould turn a fart into a BGV,â Byron says with admiration.
As the track began to emerge as one of the most popular in streaming from the About a Woman album, Rhettâs team determined a different mix â âThe Last Call Versionâ â was in order for a radio release. Drummer Jerry Roe was brought in to give the percussion a stronger human presence, and some of steel guitarist Paul Franklinâs part from the original session â including a waterfall intro â were unmuted.Valory released âBarsâ to country radio via PlayMPE on Feb. 6. Itâs at No. 39 on the Country Airplay chart dated March 15 in its third week on the list as programmers pick up on it.
âItâs sneaky because the music is very ânowâ-sounding, but thereâs something about the way that that song sort of teleports you, and it makes you feel nostalgic,â Thomas Rhett says. âIt makes you feel kind of like you want to dance, but also just kind of like you want to be with the person that you love. It doesnât happen very often where a song checks all those boxes.â

The Driver Era is just a month away from dropping their newest album, Obsession, on April 11. To celebrate, Billboard caught up with brothers Rocky and Ross Lynch amid their global tour to get a preview of one of the projectâs unreleased tracks, âThe Weekend.â âYou know I canât help it/ But if Iâm being […]

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Source: Andrew Harnik / Getty / Donald Trump
Are yâall tired of all the winning yet? As the stockmarket continued to tank, Donald Trump and the proxy POTUS, Elon Musk took the White House lawn to sell Tesla vehicles and it was an absolute sh*t show.
Donald Trump is an absolute embarrassment, and girfter that has no shame. The so-called President of The United States decided to help his MAGA benefactor, Elon Musk, whose companies have taken a hit after hitching his battery-powered wagon to the MAGA express, which is one stop straight to recession hell.
During the disastrous pitch, which many believe violated the Hatch Act, Trump was reduced to a car salesmanâa terrible one at that.
Photographers who were at the corrupt commercial caught Trump orange-handed reading from a literal sales pitch full of talking points about Muskâs crappy electric vehicles.
On the note, you can see talking points like âTesla Pricingâ for the different vehicles and the âFull Self Drivingâ feature, as well as noting that the vehicles âcan be purchased as low as $299/month or â$35k.â
Bruh.
Trumpâs apparent lifeline to Tesla came after the stock market nosedived in response to his stupid tariffs and boycotts held around the globe at Tesla dealerships in response to Muskâs affiliation with Trump and ruining peopleâs lives as a result of the massive layoffs conducted by DOGE.
Donald Trump & Elon Musk Get Clowned On X
X, formerly Twitter, has been trolling Trump, who overnight became a fan of electric vehicles after being one of their staunchest critics.
âI donât know how one can be an American citizen and not be deeply embarrassed by this. The leader of the free world reduced to reading ad copy for a car salesman,â a post on X read.Â
Even Whoopi Goldberg and The View got in on the act, calling Trump a used car salesman and creating a jingle.
https://x.com/DEADLINE/status/1899857122281804220
The corruption is very loud with this administration. We donât want to hear a peep out of the GOP about Biden or Hillary Clinton ever again. You can see more reactions in the gallery below.
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With the upcoming Final Chamber tour with Run The Jewels this summer, Wu-Tang Clan fever is sweeping hip-hop nation. And to get ready for the tour, Wu-Tangâs RZA has a new collab with toy and collectible company Super7 for a new action figure.
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Ready for pre-order for $55 on Amazon, the Super7 action figure is a seven-inch collectible that features RZA as his alter-ego Bobby Digital. It comes out on Thursday, April 3.
The action figure comes with a few interchangeable heads and hands, a test tube, a large rifle and more. The accessories allows you to recreate the classic 1998 hip-hop album, Bobby Digital in Stereo.
And if youâre an Amazon Prime member, you can pre-order now and the Super7 RZA Bobby Digital Action Figure will be delivered to your home in less than two days once itâs released, thanks to Prime Delivery.
Not a member? Sign up for a 30-day free trial to take advantage of all that Amazon Prime has to offer, including access to Prime Video, Prime Gaming and Amazon Photos; fast free shipping in less than two days with Prime Delivery; in-store discounts at Whole Foods Market; access to exclusive shopping events â such as Prime Day and Black Friday â and much more. Learn more about Amazon Prime and its benefits here.
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Super7 RZA Bobby Digital Action Figure
Release date: April 3
Meanwhile, Super7 has collectibles of the other members of the Wu-Tang Clan, including ODB (âShimmy Shimmy Yaâ and âReturn to The 36 Chambersâ variants), Ghostface Killah (âCan It Be All So Simpleâ and âIronmanâ models) and a smaller RZA Bobby Digital action figure.
The toy company even has action figures of Outkast, Beasties Boys, Biz Markie and more. In fact, Super7 has a Glen Danzig collectible for your inner metalhead.
Additionally, the Wu-Tang Clan has a new partnership with blanket and towel company Slowtide for a new line of premium blankets, towels, tote bags and other home goods.
Priced at $55, the Super7 RZA Bobby Digital Action Figure is available for pre-order on Amazon. It drops on Thursday, April 3.
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Ice Spice has been eating her oats, and now sheâs teasing her first single of 2025 with a snippet of a track touting her curves that appears to be titled âThick Again.â
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The Bronx native, who was in the City of Lights for Paris Fashion Week, carved out some time to dance to her upcoming hard-hitting track in front of the Eiffel Tower on Tuesday (March 11). âShe got thin but she went and got thick again/ Shorty eating her oats/ He stay on my body, itâs hard to get rid of him/ You know that I like him the most,â she raps.
The viral clip sees Ice twerking in a short camouflage dress while giving fans and tourists walking around the Eiffel Tower a glimpse of her bare behind. Her X post currently boasts over 200,000 likes.
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Fans were hyped to see Ice regain her voluptuous figure and showed her love in the replies. âEveryone that switched up betta stay in that side,â one person wrote, while another Munchkin added: âIce Spice finally returned!â
Diplo chimed in on Instagram, hilariously pleading with Ice to âstart an oats company.â
Over the summer, Ice Spice pushed back against rumors she was taking Ozempic and sniped at those talking about her weight. âI actually came on here to talk about that real quick. I wish yâall never learned the word Ozempic,â she said in an August Twitter Spaces. âThatâs one thing I wish. Oh my God! Like, what even is Ozempic? What the fâk is that? Genuinely, what is that?â
Ice continued: âYou lazy-aâ bââs never heard of a gym? Itâs called the gym, itâs called eating healthy, itâs called being on tour,â she added. âLike, what the hell? Maybe if I was sitting at home all fâking day, itâd be easier to stay big.â
The âThick Againâ teaser wasnât the only time fans saw Iceâs backside in the last week as she showed off a wardrobe malfunction featuring a tight Black dress split down the middle. âIt was cute too,â Ice Spice wrote to her Instagram Story in disappointment.

Selena Gomez is proud of her Only Murders in the Building co-stars! So much so, that when Steve Martin and Martin Shortâs SAG Awards arrived, she wanted to deliver them to the actors herself. In a clip posted to the popular Hulu seriesâ social media accounts, Gomez is seen with Michael Cyril Creighton and the […]