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Justin Bieber & The Kid Laroi Reveal the Sweet Story Behind ‘Stay’

The Kid Laroi gets more vulnerable than ever with fans on his newest Prime Video documentary Kids Are Growing Up: A Story About A Kid Named LAROI, and in the film, the 20-year-old Australian star opens up about his relationship with Justin Bieber, from friendship and musical collaborators to mentorship.

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“From the moment I met Justin, it was just all about positivity coming in here. No judgment zone, let’s all have fun,” Laroi says in the doc, before Bieber recalls: “He plays me this song, ‘Stay,’ and it was him on it by himself. He was like, ‘I don’t think I’m gonna use it for my album.’ I was like, ‘Well, if you don’t use it, give it to me. I’ll use it. This is a great song.’”

“Stay” spent seven non-consecutive weeks atop the Billboard Hot 100, and the diamond-certified anthem won Top Hot 100 Song as well as Top Collaboration honors at the 2022 Billboard Music Awards.

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Elsewhere in the documentary, Bieber offers Laroi encouragement while he’s rehearsing. “When you’re singing, believe everything you’re saying while you’re singing,” he tells him. “It helps so much. Sing it and really think about what you’re saying. I’m sure you do that.”

In another scene, Bieber is seen laying on the floor, shouting: “That’s a f—ing great song. You wrote that, bro. That’s f—ing sick!”

Directed by Michael D. Ratner and produced by OBB Pictures, the documentary takes viewers on a journey following The Kid LAROI — born Charlton Howard — and how he deals with fame amid the massive commercial success of “Stay” leading into his The First Time debut album, which arrived in November and included the singles “Love Again” and “Too Much” with Jung Kook and Central Cee.

Kids Are Growing Up: A Story About A Kid Named LAROI is streaming on Prime Video now.

Jam Master Jay’s Family Says ‘Justice Has Been Served’ Following Guilty Verdict in Run-DMC DJ’s 2002 Murder

Following the guilty verdicts handed down by a jury on Tuesday (Feb. 27) in the trial of the 2002 murder of hip-hop luminary Run-DMC’s Jam Master Jay, the fallen legend’s family issued a statement via his son TJ Mizell to Billboard on Wednesday, extending his appreciation to everyone involved in bringing justice and accountability. 

“We extend our deepest gratitude to the prosecutors, law enforcement officials and all involved in bringing these individuals to justice. Their unwavering dedication has ensured a measure of accountability for the tragic loss of Jam Master Jay,” the family said. “As we pause to reflect, we are reminded of the profound impact and influence Jay had on countless lives. His legacy endures through his music, his spirit and the cherished memories we hold dear. We remain committed to honoring his memory and celebrating the enduring legacy he leaves behind.”

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“To all who have supported us throughout this challenging journey, we offer our heartfelt thanks. Your love, kindness, and steadfast support have been a source of strength during our darkest moments. We ask that you continue to honor Jay’s memory through his music and the positive impact he made on the world,” the statement continues. “While the pain of our loss will always remain, we find solace in the knowledge that justice has been served. Our family believes in God’s plan and that faith is what helped provide closure for us long ago. We thank all that continue to support Jay’s legacy by honoring his life’s achievements.”

The two men convicted of the murder, Karl Jordan, Jr., 40, and Ronald Washington, 59, each face a minimum of 20 years in prison. They’ll have the option of challenging the verdict with the judge as well as a federal appeals court.

Jay, a renowned member of the legendary rap group Run-DMC, was killed in October 2022 in Queens, NY. His death remained one of hip-hop’s most famous cold cases until 2020, when detectives generated sufficient leads that prompted prosecutors to launch a case against Jordan and Washington. 

The three-week trial included more than 30 witnesses who testified against Jordan and Washington, accusing them of murdering the rap pioneer as payback after the DJ cut them out of a cocaine deal. 

Following the guilty verdict, U.S. Attorney Breon Peace issued a statement: “More than two decades after they killed Jason Mizell in his recording studio, Jordan and Washington have finally been held accountable for their cold-blooded crime driven by greed and revenge.” 

Washington’s attorney, Susan G. Kellman, had a different stance on the matter, as she believed her client wasn’t given the justice he deserved during his trial. 

“They made up a motive and they rejected hard facts,” Kellman said to Billboard in a statement. “That they just didn’t give a d–n speaks volumes about where our country is — truth is no longer a consideration — we truly live in a world of ‘alternative facts.’ And that’s not justice.”

Deezer CEO Jeronimo Folgueira Exits

Jeronimo Folgueira is resigning from his position as CEO of the streaming service Deezer, the company announced Wednesday (Feb. 28).

Folgueira previously held the role of CEO and director of the board at Spark Networks — an online dating company — before he joined Deezer in 2021. ”I am extremely proud of what we have achieved over the last three years,” he said in a statement on Wednesday. He cited “not only the strong 2023 financial results announced today and our listing on Euronext Paris, but also the adoption of our new brand identity, our evolution to an experience service platform, and the introduction of the new artist centric payment system.”

“Together, we have accelerated the development of Deezer… and put us on a path to profitability and free cash flow generation, in line with our commitments since the IPO,” added Iris Knobloch, chairwoman of Deezer’s board of directors, in her own statement. “Deezer is back on a growth trajectory and can now build from a solid foundation, with a talented management team to capture the many opportunities in a rapidly evolving music market.”

Folgueira will stay on til the end of March and promised to “remain fully committed to supporting the company through the management transition.”

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Deezer announced this week that its annual consolidated revenue was up 7.4% to 484.7 million euros ($525.2 million). The service increased prices in France, the U.K., Spain, Italy, and the Netherlands in September and observed “a sharp acceleration in growth in Q4 2023” as a result.

“Our revenue and subscriber growth substantially accelerated in Q4 and our continued improvements in profitability pave the way for us to achieve cash flow breakeven this year,” Folgueira said in a statement. “Our partnership strategy is bearing fruit, driving our overall growth and helping us win market share outside France.” 

Universal Music Group Plans to Save $270M Per Year With ‘Organizational Redesign,’ Layoffs

As part of its fourth-quarter earnings call, Universal Music Group (UMG) said that a “strategic organizational redesign” it announced Wednesday (Feb. 28) would result in 250 million euros ($271 million) in annual savings by 2026, with a first phase of 75 million euros ($81.3 million) in 2024 and 125 million euros ($135.5 million) in 2025. The redesign is expected to include the long-awaited layoffs that have been signaled by the company for months, though the specifics of how many employees would be affected and what percentage of the overall workforce it would amount to was not disclosed.

The “plan is designed to achieve efficiencies in targeted cost areas while strengthening labels’ capabilities to deepen artist and fan connections,” according to a press release. The first phase will involve a general headcount reduction, while the second phase, which is scheduled to begin next year, will be “a combination of further ex-U.S. headcount reduction and other operational efficiencies,” according to the company’s investor presentation.

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A representative for UMG declined to comment on the specifics of the reductions.

“To put it simply, we’re creating the blueprint to the music company and the labels of the future,” chairman/CEO Lucian Grainge said on the earnings call, adding that labels will have “even greater flexibility and speed” in supporting artists, as well as “access to our highest performing internal teams and resources to bring artists to even higher levels of success.” The redesign “carefully preserves what we’re best at: creative A&R, marketing independence, unique label brand identities” and an entrepreneurial and competitive spirit, Grainge continued. The efficiencies, he said, will “generate more impactful support for promotion, distribution, audience monetization, D2C, e-commerce and other areas.”

In its fiscal year 2023, UMG earned a net profit of 1.26 billion euros ($1.37 billion) on revenues of 11.11 billion euros ($12 billion), the company said.

Layoffs at UMG have been telegraphed for months, ever since Grainge said in a third-quarter earnings call last October that UMG would need to “cut to grow.” Rumors further began to circulate in early January, when Grainge noted in his New Year’s memo to staff that despite UMG being the “most successful company in the history of the music industry,” the company would “further evolve our organizational structure to create efficiencies in other areas of the business, so we can remain nimble and responsive to opportunities as they arise, while also taking advantage of the benefits of our scale.”

The impending layoffs were more explicitly acknowledged on Jan. 12, after Bloomberg reported that UMG would be cutting hundreds of jobs sometime in the quarter. In response, a UMG spokesperson released a statement that echoed Grainge’s note, including that the company would “maintain our industry-leading investments in A&R and artist development,” while also promising to continue “investing in future growth — building our e-commerce and D2C operations, expanding geographically, and leveraging new technologies.”

Things then came into clearer focus on Feb. 1, when Grainge announced in an internal memo that Universal would be restructuring its label operations, adopting a loose East Coast-West Coast operation wherein Republic Records co-founder/CEO Monte Lipman would begin to oversee Republic, Def Jam, Island and Mercury, and Interscope Geffen A&M chairman/CEO John Janick would take responsibility for Interscope, Geffen, Capitol, Motown, Priority, Verve and Blue Note. Days later, Capitol Music Group chair/CEO Michelle Jubelirer announced she was stepping down from her post and was replaced by Geffen president Tom March as chairman/CEO of Capitol and Universal Music Publishing Group veteran Lillia Parsa joining as co-president alongside Arjun Pulijal.

Still, the threat of layoffs continued to loom, with many staffers unsure of their positions and unclear as to when the cuts would arrive. The first phase of the redesign announced today will be “execute[d] on immediately,” according to a press release, though the scale in terms of people remains unclear.

UMG is not alone in instituting layoffs in recent months. On Feb. 7, Warner Music Group (WMG) announced simultaneously that it had just recorded its best quarter in its history and would also be laying off 10% of its staff, or some 600 people, and offloading its owned and operated media properties in an effort to save around $200 million that it said it would reinvest in the company. That itself came less than a year after then-new WMG CEO Robert Kyncl announced a 4% staff reduction, affecting some 270 people, “in order to set us up for long-term success.” Cuts at other large record companies are also expected, sources say.

The broader music and media industry is also in the midst of a brutal run of layoffs: Atlantic Music Group, SiriusXM, Amazon Music, TikTok Music, CAA, Discord, Meta, Downtown, YouTube, TIDAL and Spotify have all undergone layoffs in just the last year alone, to name just a few, some of them more than once.

Lil’ Kim & Tayy Brown Spark Dating Rumors With Instagram Post

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2023 One Music Festival - Day 1

Source: Aaron J. Thornton / Getty

Are Lil’ Kim and Tayy Brown boo’d up? We don’t know for sure, but if social media is any indication about their current relationship statuses, it certainly seems like love (or at least “like”) is in the air for the pair.

Yesterday (Feb. 27), the OG Queen Bee took to her IG page to wish the up-and-coming rapper a happy belated birthday. Lil’ Kim went so far as to say that she was “blessed” enough to have spent Tayy Brown’s entire born day with him and that they were still “celebrating.” Did they see each other in their birthday suits though? Inquiring minds wanna know!

Continuing to explain the connection the two share, Kim went on to say the two share a special bond that she feels was heaven sent (word to Keyshia Cole). “If ppl only knew how big of a role u play in my life and in my career. If they only knew ur a big part of the reason the beehive is getting new music right now,” Kim said. “U are my motivation and that voice that is always cheering me on. Ur so intelligent and such a boss. If they only knew the things we figure out 2gether, how we can talk with our eyes and be on the same page. How we are each other’s rock, the late night talks, the gut-wrenching laughs we share, the arguments, the debates. U get on my nerves sometimes ?? but it also brings me great pleasure to annoy u cause I’m annoying.”

Call us crazy, but it sounds like she’s been struck by Cupid’s arrow.

Naturally, Tayy responded by echoing similar sentiments. “6 life my heart. U a blessing. This bigga than music. love you to da moon n back.”

Still, other commenters pointed out the obvious age gap as Kim is close to hitting the half-century mark on this earth and Tayy seems like he should be getting ready for prom night or something.

Regardless, neither Kim nor Tayy have confirmed or denied that they’re in a relationship, so we’re just gonna mind our business for the time being.

Check out Lil Kim’s post below, and let us know your thoughts about the situation in the comments section.

Tyla Brings Her ‘Personal Touches’ to First-Ever Gap Campaign: Shop the Spring Collection Here

All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes.

Gap is celebrating self-expression and individuality in its new spring 2024 campaign and they’ve tapped none other than Grammy-winning singer Tyla to be the face. Titled Linen Moves, the collection infuses Tyla’s personal style while also expanding the list of musicians the clothing brand has teamed up with including John Mayer, Alanis Morissette, SZA, Keith Urban, Jason Mraz, John Legend and more.

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Tyla x Gap is available to buy online at Gap.com and features a mix of neutral and versatile linen pieces that can be paired with comfortable sandals or your trendiest pleated skirt.

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“It’s an absolute honor to be in a Gap campaign — so many iconic artists have worked with Gap and I now get to be one of them,” said Tyla in an official press release.

Gap x Tyla

Gap x Tyla

Courtesy of Gap

The spring 2024 campaign infuses music, dance and fashion that’s showcased in the campaign video as Tyla takes to the dancefloor in a reimagined music video of “Back on 74.”

You can shop pieces picked and shown off by by the Billboard Hot 100 chart maker in the official below.

Gap

GapFit Seamless Rib Cropped Halter Tank Top

$10.50

$39.95

74% off

This Tyla-approved cropped top features a soft ribbed material with slight compression to provide some support whether you’re dancing or lounging around the house. It’s also an additional 30% off when you use the promo code GREAT at checkout.

Gap

Linen-Cotton Wrap Mini Skirt

Pair your tops with this linen wrap mini skirt topped off with an adjustable tie at the side. The lightweight material aims to be breathable, while the basic shades make it easier to show off your chicest statement tops.

Gap

Linen-Cotton Ultra Cropped Cami

If you’re looking for a multipurpose top, this cropped linen shirt comes with a rounded neckline and stretch back to make it easier to take on and off. The light, airy material also allows you to easily pair with an overshirt or wear alone with a pair of jeans.

Gap

Linen Cropped Shirt

For those warmer days this linen shirt will provide layers without leaving you hot and sweaty. The material’s breathability will help air easily flow while the button closure provides more customability to personalize to your liking.

Gap

Linen-Cotton Pull-On Cargo Pants

Complete your looks with these adjustable linen cargo pants. The pair comes with two side leg pockets for extra storage and a drawstring waistband that you can loosen or tighten to you liking.

For Tyla, this campaign also provided the opportunity for her fans to see her try something new while showing off the stylish lightweight linen styles.

“I’m excited for my fans to see me do a new type of dance where I’m styled in comfortable clothes with my own personal touches,” she said. “It was really fun — a true celebration of music, fashion and dance.”

Check below to watch the campaign video Tyla x Gap.



Reggae/Dancehall Fresh Picks of the Month: Eesah, Teejay, King Cruff & Runkus, J Boog & More

After weathering two globe-traversing clashes in January, dancehall spent much of February reeling from those showdowns. If January was focused on the global reach of some of the biggest stars across dancehall, then February was a month of reflection for the most towering icon of West Indian music and culture: Bob Marley.

On Valentine’s Day (Feb. 14), Bob Marley: One Love — directed by Reinaldo Marcus Green and starring Kingsley Ben-Adir and Lashana Lynch as Bob and Rita Marley, respectively — hit theatres to the delight of millions of fans around the world. Despite middling reviews, the film has quickly proven to be a blockbuster, crossing $100 million at the worldwide box office in just 10 days and earning the biggest opening day for a film in Jamaica, as per Deadline. As the film continues its formidable box office run, another Marley — namely YG Marley — has been climbing the charts thanks to his breakout hit “Praise Jah in the Moonlight,” which recently became his first Billboard Hot 100 top 40 hot (No. 39, chart dated Mar. 2).

Although One Love kept spirits high, February bid the world goodbye with some devastating news. On Sunday (Feb. 25), Grammy-winning reggae group Morgan Heritage announced the passing of lead singer Peter “Peetah” Morgan. Morgan Heritage’s publicist, Sean ‘Contractor’ Edwards, told DancehallMag that the 46-year-old vocalist passed in the United States following a stroke. Morgan Heritage has released a plethora of albums, including Don’t Haffi Dread (1999), Full Circle (2005), Avrakedabra (2017) and Strictly Roots (2015), which hit No. 1 on Top Reggae Albums.

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Naturally, Billboard’s monthly Reggae/Dancehall Fresh Picks column will not cover every last track, but our Spotify playlist — which is linked below — will expand on the 10 highlighted songs. So, without any further ado:

Freshest Find: Eesah, “Behold the Conquering Lion”



When the opening track to your debut album is stunning as this, you know you’re setting yourself up for quite the career. On “Behold the Conquering Lion,” Jamaican singer-songwriter Eesah delivers a riveting mélange of roots reggae, jazz and gospel. “Immortal and omnipotent/ Carry the world pon your shoulder, you nuh need no help/ The work you do is so excellent/ No fear, no fly by night or pestilence,” he croons. Musically, the mix is so clean that it almost sounds innocent, but Eesah’s subtly gravelly tone alludes to a weariness and maturity that gives credence to the faith he sings of. With “Conquering Lion” — and the rest of his debut LP, Deep Medz — Eesah looks to reggae’s past to envision its future.

Teejay, “4th of July”



Last month, Teejay dominated online conversation thanks to his clash with Valiant. In a complete 180°, the “Drift” singer kicked off February with the release of his I Am Chippy EP (Feb. 2), his first formal project under his new Warner Music deal. While the complete tape is impressively consistent, “4th of July” emerges as an instant standout. Featuring what appears to be a haunting interpolation of Billie Eilish and Khalid’s “Lovely,” “4th of July” is a sly bait and switch. The somber trap dancehall instrumental signals similarly bleak lyrics, but, before even starts singing, Teejay assures us, “Me not even a sing no sad song pon di riddim yah, enuh/ Issa frass song hehehe/ Issa high song, dawg.” And that it is. An ethereal ode to the transformative properties of Mary Jane, “4th of July” finds Teejay at his most interesting and ambitious on I Am Chippy.

Sean Paul & Beres Hammond, “Tender Tender”



Few artists have so seamlessly oscillated between the worlds of dancehall and reggae on a global stage for nearly three decades like Sean Paul has. For his latest single, he joins forces with beloved Jamaican reggae crooner for a sweet love song titled “Tender Tender.” Balancing Hammond’s earthy, raspy tone with Sean Paul’s trademark brassy timbre, “Tender Tender” is rooted in traditional reggae, with heavy emphasis on the sultry guitar licks and steady percussion. “You lift me higher/ Higher than before/ Bonfire’s burning/ Burning to the core,” Hammond belts, his voice dripping with passion.

J Boog, “Always Been You”



February is the month of love, so it’s not a surprise that some of the warmest reggae tracks of the year made their debut this month. On “Always Been You” — a winning symphony of soothing background vocals, a tasteful rocksteady melody and jaunty horns and percussion — J Boog croons of the inevitability of his one true love. “It’s always been you/ Hunny just you/ Always been you/ Forever babe,” he sings in the simple, but highly effective, chorus.

F.S. & Ireland Boss, “Chasing Dreams”



There was a period where the innate moroseness of trap dancehall’s sparse soundscapes regularly gave way to deeply introspective tracks. With “Chasing Dreams,” St. Thomas emcee F.S. injects a healthy dose of hope into the dynamic. In an interview with World Music Views, F.S. describes the Ireland Boss-produced track as “ghetto gospel… my life story, what me been through,” and that’s a pretty apt description. The essence of gospel lyricism — the belief in something bigger than yourself and the persistence to keep going in the face of endless trials and tribulations — are all over “Chasing Dreams,” just in a decidedly contemporary dancehall context.

Jah Vinci, “Where Is the Love”



Taken from the “Breadcrumbs” riddim, Jah Vinci’s “Where Is the Love,” is a soaring, melodic inquiry of where the true love is in a world like ours. “Where is the love that they all speak of/ I have no one that i can truly trust/ Where is the love that they claim to give/ Nobody nuh real again, nuh trust no family, nuh trust no friend,” he belts in the chorus. Is it it a bit grim? Sure, but it also speaks to a very real emotion millions of people have as we collectively witness the implosion and demise of several states and socioeconomic systems around the world. While “Where Is the Love” fits well in the contemporary reggae soundscape, Jah Vinci’s lyrics reveal a steadfast commitment to the genre’s history of speaking truth to power.

ZJ Chrome & Christopher Martin, “The Hate Song”



Has Valentine’s Day really passed if nobody has made a song flipping the concept of Love Day? For his take on ZJ Chrome’s “Above the Lines” riddim, Christopher Martin rides the electric guitar-inflected reggae jam with heart-wrenching lyrics that trace the interconnected feelings of love, hate, and infatuation. “I hate you/ More than anything in this world/ But you know I like/ And love you for life,” he croons. Martin has a gorgeous, rich tone that pairs well with the wailing guitars and plucky rhythm that comprise ZJ Chrome’s riddim. When he employs that tiny bit of rasp at the end, we get a taste of why rock and reggae are such close musical relatives.

Charly Black, “Oxtail ‘Extra Gravy’”



Here’s another question: have you lived if you’ve never asked (and faced the inevitable embarrassment of doing so) for oxtail with “extra gravy” from a proper Caribbean spot? You simply haven’t. For his new track, dancehall staple Charly Black put his own spin on the popular culinary request. The spin in questioning? Likening his lady’s nether regions to the delectable dish that is oxtail with extra gravy. With guitar licks and drum patterns sourced from Afrobeats, this culture-bridging track could very well become a sleeper hit as 2024 barrels on.

King Cruff & Runkus, “Fallback”



At the tail end of the month, King Cruff and Runkus linked up for “Runkus,” a sleek ode to heartache inna di dancehall. “Winter cold, girl you freezing/ By the spring, then you waan come back/ You love me like the seasons (Just fall back!),” they harmonize over the electro R&B-infused riddim. Dancehall tracks are often preoccupied with extolling the escapism of a night of wining, but “Fallback” crashes the party with a tasteful take on the seemingly endless back-and-forth that can sometimes come with dealing with a flaky lover.

Universal Music Annual Revenue Crosses $12B After Strong Q4 for Recorded Music

Universal Music Group’s revenue reached 3.21 billion euros ($3.45 billion) in the final period of 2023, up 9% year-over-year (up 15.6% in constant currency) as the company’s non-subscription streaming growth slowed again and its record labels got a boost from strong physical sales and licensing.

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Spotify’s price increase helped drive the recorded music division’s subscription revenue up 8.9% (up 15% at constant currency, which removes the effects of foreign exchange rates) to 1.14 billion euros ($1.22 billion). As a percent of recorded music revenue, subscription revenue increased to 47% from 46.7% in the prior-year quarter.

Non-subscription streaming revenue declined 1.3% as reported (increased 5.6% at constant currency) in the quarter, however. That followed a 1.4% decline (a 5% gain at constant currency) in ad-supported streaming revenue in the third quarter. Ad-supported streaming “remains strong” but the ad market recovery “has not been uniform” and UMG is “cautious” about near-term growth, CFO Boyd Muir said during Wednesday’s earnings call. The soft streaming revenue was not affected by UMG’s decision in early February to pull its catalog from TikTok, which accounts for 1% of UMG’s annual revenue. 

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Sales were strong elsewhere in the recorded music division, though. Physical revenue of 447 million euros ($481 million) was up 10.6% (up 17.0% at constant currency). Licensing and other revenue of 410 million euros ($441 million) was up 26.5% (up 34.0% at constant currency). Downloads and other digital revenue declined by 49.2% (45.8% at constant currency), but at 32 million euros ($34) accounted for just 1.3% of recorded music revenue in the quarter. 

Universal Music Publishing Group’s fourth-quarter revenue of 576 million euros ($620 million) was up 8.7% (up 15.4% at constant currency). Digital revenue of 339 million euros ($365 million) was up 26.0% (36.1% at constant currency). Sync revenue of 70 million euros ($75 million) was up 18.6% (up 25.0% at constant currency). Mechanical revenue of 31 million euros ($33 million) was up 24.0% (up 29.2%). Performance revenue fell 19.1% (15.8%) to 123 million euros ($132 million). 

Top sellers in the quarter were Taylor Swift, The Rolling Stones, Drake, Jung Kook and Stray Kids.

For the full year, UMG’s revenue of 11.1 billion euros ($12 billion at the average exchange rate for the year), up 7.4% as reported and a 11.1% increase at constant currency that removes the effects of foreign exchange rates. That’s similar to the 13.6% revenue growth at constant currency reported in 2022, but well below the as-reported growth of 21.6% that includes foreign currency exchange. 

Adjusted EBITDA of 2.37 billion euros ($2.6 billion) was up 11% (up 14.6% at constant currency). Unadjusted EBITDA of 1.81 billion euros ($2 billion) was down 10.8% (down 7.8% at constant currency.) Unadjusted EBITDA eliminates the effects of the Copyright Royalty Board’s Phonorecords III ruling and a 15-million euro ($16 million) legal provision. 

In the recorded music division, full-year revenue of 5.7 billion euros ($6.2 billion) was up 6.6% (up 10.2% at constant currency) and physical revenue of 1.38 billion euros ($1.49 billion) was up 14.3% (up 19.4% at constant currency). Licensing revenue of 1.17 billion euros ($1.27 billion) was up 9.5% (up 13.6% at constant currency). 

Full-year publishing revenue of 1.96 billion euros ($2.12 billion) was up 8.7% (up 12.3% at constant currency). Digital revenue of 1.13 billion euros ($1.22 billion) was up 8.5% (up 12.5% at constant currency). Mechanical revenue of 108 million euros ($117 million) was up 11.3% (up 14.9% at constant currency). Performance revenue of 416 million euros ($450 million) was up 12.1% (up 15.9% at constant currency). 

At constant currency, UMG’s fourth quarter improvement was similar to the other two major music groups. Warner Music Group was up 17.5% to $1.75 billion and Sony Music was up 16% to 358.2 billion yen ($2.5 billion). Smaller companies have also posted similar growth rates. 

Prince Royce’s ‘Llamada Perdida’ Debuts at No. 2 on Tropical Albums Chart

Prince Royce is back in the top five on Billboard’s Tropical Albums chart as Llamada Perdida debuts at No. 2 on the March 2-dated list.

The 23-track set makes the week’s top debut with 6,000 equivalent album units earned in the U.S. in the week ending Feb. 22, according to Luminate. Royce’s seventh studio album was released Feb. 16, the first day of the tracking week, via Smiling Prince/Sony Music Latin.

Of Llamada Perdida’s 6,000-unit week, 3,000 units derive from streaming activity, equal to 3.6 million official on-demand audio and video streams for the album’s songs. Album sales contribute 3,000 of the remaining units, with a negligible amount of activity from track-equivalent units. One unit equals to one album sale, 10 individual tracks sold from an album, or 3,750 ad-supported or 1,250 paid/subscription on-demand official audio and video streams for a song on the album.

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Ahead of Royce on Tropical Albums is Aventura’s greatest hits set Todavía Me Amas: Los Mejor de Aventura (7,000 units; up 48%), which has spent 201 nonconsecutive weeks at No. 1.

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With Llamada Perdida, Royce logs his seventh consecutive top five effort on Tropical Albums, six of which reached the summit. Here’s the recap of his now seven top 10s:

Peak, Peak Date, Title, Weeks at No. 1

  • No. 1, Sep. 18, 2010, Prince Royce, 54
  • No. 1, April 28, 2012, Phase II, 26
  • No. 1, Feb. 2, 2013, # 1’s, seven
  • No. 1, Oct. 26, 2013, Soy El Mismo, six
  • No. 1, March 18, 2017, Five, 10
  • No. 1, Feb. 22, 2020, Alter Ego, one
  • No. 2, March 2, 2024, Llamada Perdida

Notably, after a four-year break from Tropical Albums, Royce’s Llamada Perdida album joins two other sets holding strong in the top 20: Prince Royce at No. 6 in its 306th week on the list, and Soy El Mismo at No. 20 in its 412th. The latter marks the fourth-longest run since the ranking launched in 1985.

Llamada Perdida was preceded by two of its songs reaching the multimetric Hot Latin Songs list: “Lao a Lao,” which peaked at No. 23 in 2021, and the No. 31 peaking “Si Te Preguntan,” with Nicky Jam and Jay Wheeler, in 2022.

In addition to “Lao a Lao,” three other songs from the album reached the penthouse on the Tropical Airplay chart: “Te Espero” with Maria Becerra (May 2022), which samples “(I Just) Died in Your Arms” by English pop rock band Cutting Crew (1986); “Me EnRD” (July 2023) and “Cosas De La Peda” with Gabito Ballesteros, which holds at No. 1 for a second week on the current list.



Watch Tyla Reimagine Jungle’s Viral ‘Back on 74’ Music Video

Tyla is paying a gorgeous homage to Jungle‘s viral “Back on 74” music video by reimagining it for Gap’s Spring 2024 campaign Linen Moves.

Co-directed by Charlie Di Placido and J Lloyd, the same minds behind the original “Back on 74″ music video,” the video finds Tyla effortlessly executing new choreography courtesy of Shay Latukolan (who also worked on Jungle’s clip) while in pieces from Gap’s new collection. Given that the Afropop crossover star won her first Grammy (best African music performance for Billboard Hot 100 top 10 hit “Water”) earlier on Feb. 4, Tyla’s collaboration with Gap is reminiscent of the brand’s roots as a company with its ear to the streets of pop culture across music, dance and fashion.

“It’s an absolute honor to be in a Gap campaign – so many iconic artists have worked with Gap and I now get to be one of them,” said Tyla via Gap’s press release on Feb. 27.  “I’m excited for my fans to see me do a new type of dance where I’m styled in comfortable clothes with my own personal touches. It was really fun – a true celebration of music, fashion and dance.”

“Back on 74” served as the fourth and final single from Jungle’s fourth studio album, Volcano, which reached No. 165 on the Billboard 200 and No. 4 on Top Dance/Electronic Albums in 2023. The bluesy song landed on three Billboard genre charts — Hot Rock & Alternative Songs (No. 35), Hot Dance/Electronic Songs (No. 9) and Hot Alternative Songs (No. 16) — thanks, in large part, to its viral music video. The official “Back on 74” music video, which debuted on Aug. 10, 2023, has amassed more than 20 million YouTube views to date.

Trending on Billboard

In addition to Linen Moves, Gap is also set to collaborate with both Tyla and Jungle — who are currently nominated for their first career BRIT Award (group of the year) — to craft in-store playlists that fans will also be able to stream on Spotify.

Watch Tyla and Jungle’s reimagined “Back on 74” music video above.