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With International Women’s Day (March 8) just around the corner, and Women’s History Month in full swing, the editors of Billboard Latin and Billboard Español have compiled 28 of the best Latin music anthems by female artists. The list includes powerful songs across different music genres that may have marked a before and after in […]
Beyoncé is tipping her cap to Angie Stone after the 63-year-old R&B icon’s sudden death over the weekend. Shortly after her family announced that she’d died in a car crash Saturday (March 1), a black-and-white photo of Stone went up on Beyoncé’s website along with a personal tribute. “Thank you for your voice, your strength […]
Diane Warren lost the best original song award for the 16th time at the 2025 Oscars, but she’s keeping her characteristically good humor about it. The prolific songwriter was nominated for “The Journey,” sung by H.E.R. in The Six Triple Eight. Her first nod in the category came in 1987, for “Nothing’s Gonna Stop Us Now” from Mannequin. “I’m […]
Vermillio, an AI licensing and protection platform, raised $16 million in Series A funding led by Sony Music and DNS Capital, the company announced on Monday (March 3). This marks the first time Sony Music has invested in an AI music company.
Sony Music’s relationship with Vermillio dates back to 2023, when the two companies collaborated on a project for The Orb and David Gilmour. Through the partnership, fans could use Vermillio’s proprietary AI tech to create personalized remixes of the acts’ 2010 ambient album Metallic Spheres.
According to a press release, Vermillio plans to use the funds to scale operations and “continue building out solutions for a generative AI internet that enables talent, studios, record labels, and more to protect and monetize their content.”
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Vermillio’s goal is to create an AI platform that securely licenses intellectual property (IP). One of its core products is TraceID, which provides protection and third-party attribution for artists. Through it, the company claims artists and rights holders can control their data and AI rights.
Apart from its collaboration with Sony Music for the AI remix project, Vermillio has also worked with top talent agency WME to shield its clients from IP theft and find opportunities to monetize their name, image and likeness rights by licensing their data. Sony Pictures also worked with Vermillio to create an AI engine that allowed fans to make their own unique digital avatars in the style of Spider-Verse animation. Each of the fan generations were then tracked using TraceID so that all works could be tied back to the filmmakers’ original IP.
“We are setting a new standard for AI licensing — one that proactively enables consent, credit, and compensation for innovative opportunities,” said Dan Neely, co-founder/CEO of Vermillio, in a statement. “With the support of an innovation leader like Sony Music, Vermillio will continue building our products that ensure generative AI is utilized ethically and securely. At this critical moment in determining the future of AI and how to hold platforms accountable, we are proud to protect the world’s most beloved content and talent.”
“Sony Music is focused on developing responsible generative AI use cases that enhance the creativity and goals of our talent, protect their work, excite fans, and create new commercial possibilities,” added Dennis Kooker, president of global digital business at Sony Music Entertainment. “Dan Neely and the team at Vermillio share our vision that prioritizing proper consent, clear attribution and appropriate compensation for professional creators is foundational to unlocking monetization opportunities in this space. We look forward to expanding our successful collaboration with them as we work to support the growth of trusted platforms by enabling secure AI solutions that are mutually beneficial for technology innovators, artists and rightsholders.”

If there’s a current “big three” when it comes to different styles of Caribbean music, it’s probably reggae, dancehall and soca. Between Buju Banton’s Stateside return and Vybz Kartel’s release from prison and subsequent Freedom Street bonanza, reggae and dancehall, respectively, earned much-needed boosts to their global profiles thanks to the massive legacy of those Jamaican giants. Now, it’s soca’s turn – and Trinidad is leading the charge.
Led by a slew of joyous, anthemic hits – including leading road march contenders from Bunji Garlin (“Carry It”) and Machel Montano’s (“Pardy”) – this season’s soca anthems are connecting with audiences in a very special way. After soca band Kes played a sold-out concert at New York’s Brooklyn Paramount last year (Dec. 14), the crowd spilled out into the streets, belting out Destra and Montano’s classic “It’s Carnival,” despite the sub-20-degree weather. Last month, Montano timed the release of “Pardy” for the same week he made history with the first-ever soca set for NPR’s Tiny Desk concert series.
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Meanwhile, Trinidadian-born rap megastar Nicki Minaj joined forces with Trinidad Killa for a soca-flavored track called “Eskimo,” and she recently teased a remix of Garlin’s infectious “Carry It.” And, of course, there’s no legitimate discussion of 2025 soca that doesn’t include Yung Bredda’s “The Greatest Bend Over” and Full Blown’s culture-quaking “Big Links” riddim.
On March 3 and 4, tens of thousands of revelers will parade in the streets across Trinidad, honoring the centuries-old Afrocentric celebrations that evolved into today’s Carnival festivities. In addition to the liberating mayhem of J’ouvert morning’s Stink & Dutty Mas and the extravagant costumes of Pretty Mas, Trinidad Carnival also incorporates traditional elements steeped in the island’s rich and sacred history. The national stickfighting competition honors Kalinda martial art and the annual reenactment of the Kambulé riots – a series of 1880s protests against colonial police’s efforts to restrict certain freedoms and aspects of culture – keep history at the center of the celebration.
Of course, music is also an integral part of Trinidad Carnival, with a slew of competitions providing unforgettable entertainment, including Calypso Monarch, Soca Monarch, the King and Queen of the Bands, Panorama, the Carnival Road March. Before the winners of those competitions are decided – particularly Soca Monarch and the Carnival Road March – producers and artists spent the months leading up to Carnival dropping their best swings at the season’s defining soca anthems.
On Sunday (March 2), Montano, who already boasts six International Soca Monarch wins and 10 Road March victories, won his first-ever Chutney Soca Monarch title with “Pepper Vine.” Montano came up short at Calypso Monarch, landing in fifth place with “Bet Meh” behind Helon Francis’ “To Whom It May Be” — as did Yung Bredda, who placed third with “We Rise,” his first-ever showing at a Calypso Monarch final.
Bredda has quickly emerged as one of the defining voices of soca this year with “The Greatest Bend Over,” his take on Full Blown’s “Big Links” riddim, which dropped late last year (Dec. 2, 2024). A Trini star who plays both soca and calypso music, Beedd recently appeared in Billboard’s weekly “Trending Up” column thanks to the steadily rising Stateside streaming totals for “Bend Over.” His sweet, perfect-for-all-ages track is joined by contributions from Montana (“The Truth”) and Kes (“No Sweetness”), as well as “Good Spirits,” the first song penned to the riddim and a notable step into the spotlight for Full Blown as recording artists.
“One day we were messing with some different melodies and exchanging ideas; I would do the music and Kevon would do the writing,” recalls Kory Hart, one-half of Full Blown, from the very studio in which the sibling duo crafted the “Big Links” riddim. “The public sees the highs more than anything else, but we’ve been through a lot of difficult periods. That’s where ‘Good Spirits’ really came from.”
After cutting “Good Spirits,” the brothers decided to make it a riddim because “it helps when people see a big name like Machel Montano as the lead artist.” Full Blown — the Trini sibling production duo of Kory and Kevon Hart — has been working with Montano for over 15 years now, so their collaboration was as natural as it was inevitably great. A later session with Kes at producer Tano’s studio led to “No Sweetness,” which would have been the final song on the riddim if not for the duo’s nagging feeling that they needed Yung Bredda on it as well. Full Blown initially brought the 24-year-old entertainer to the studio “because [they] wanted somebody who would write their own song, so that [they] wouldn’t have to do so.”
Once he heard the riddim, Bredda wanted the duo to write the song, so the collaboration was “put on the shelf for a second.” After sitting with the riddim for a few more weeks, Kevon started sketching out an idea for “The Greatest Bend Over” while his brother was out, and Kory helped structure the song when he returned. Accented by its notable incorporation of zess, a Trinidadian dancehall subgenre, the composition and resounding success of the “Big Links” riddim epitomize Full Blown’s commitment to crafting soca that’s steeped in tradition and unafraid to push forward into new sonic territories.
“The introduction is dominated by the tabla, a percussion instrument that’s the identifying mark of zess,” explains Hart. “It would be a typical groovy soca beat without it. Zess has a very large following among the youth in Trinidad, but [those artists] have been struggling to be accepted by mainstream Trini music – which is soca. For us, this was a very clever way of combining the two and showing the Zess artists that they do what we do, just in a different way.”
In addition to the “Big Links” riddim, Lady Lava’s “Ring Finger” is also making waves across the Caribbean diaspora. A Trini recording artist and poet, Lady Lava has been making music since 2008, cultivating a unique lane characterized by lyrics of female empowerment. With her career back on the upswing after a down period marked by the quick succession of her first pregnancy and the COVID-19 pandemic, Lady Lava is seizing her moment – and courting new fans like Grammy-winning rapper Cardi B.
“You don’t have a ring, then you don’t have a mister,” she proclaims over Aaron Duncan’s thumping “Summer Steam” riddim. A musical reminder to never let a no-good man pull the wool over your eyes, “Ring Finger” is a soca anthem for women by a woman – one that stands out from the scores of odes to wining women sung by male soca artists.
It’s that feminist bent that’s allowed “Ring Finger” to enjoy such marked longevity: The song was a local hit when it first dropped in summer 2024, but TikTok virality over the fall and the winter kept wind in its sails. The official “Ring Finger” TikTok sound plays in over 22,000 posts, and the audio from a live performance soundtracks a further 13,000 posts. Last month (Feb. 19), Lava graced On the Radar with “Ring Finger,” marking a rare soca number on the buzzy live performance platform. By infusing contemporary soca instrumentation with brash lyricism sourced from her poetry background and the femme-forward approach of female dancehall giants like ’90s and ‘00s hitmaker Lady Saw, Lady Lava is ushering in a new era of soca for a younger audience.
“I still write a poem about everything,” she says. “If I wanted to tell somebody something, I would write it in a poem. Music is me putting poem to riddims, that’s how my style of writing does be like that. I like to rhyme and use metaphors and compare things that totally don’t have anything to do with each other just to get people thinking.”
Getting people to think beyond grooving to the music is also the primary goal for Tendaji, a Trinidadian singer, songwriter, and music who bridges traditional calypso and modern soca. With a musical profile anchored by the drums and lavways (call-and-response chants) that soundtracked stickfighting competition, Tendanji is perhaps one of the most fearless Trinidad recording artists when it comes to centering history in the music.
His most recent release, “Doh Cry,” features a music video that showcases the stickfighting tradition in a cinematic, black-and-white aesthetic. At the end of the song, Tendaji calls out the names of stickfighting warriors of eras past, including King Kali, King Bara, King David and King Stokely, honoring their influence and highlighting how stickfighting connects the Trinidad of today to its Afro-Indigenous roots. He built the song with Rishi Mahato of Maha Productions, a prominent chutney music producer who brought some of those elements to the “strongly African, strongly Jouvay energy” of “Doh Kry,” a reminder that “Trinidad is not just one sound,” as Tendaji stresses.
“There’s a lot of music out there for Pretty Feathers Mass. There’s a lot of music out there to wine and jam on Carnival Tuesday, but there ain’t nothing for the jab jab, the blue devils, the stick fighters, etc.” he says. “When Carnival Monday comes, we ain’t looking for flowers music. We want to get into character. We want to go down inside weself. Carnival has a ritualistic element, and because of my history and involvement in the character mas so much, I try to make music that reps them as well.”
Whether through composition, lyrics or presentation, Full Blown, Lady Lava and Tendaji are all making incredible strides in defining the future of soca – especially as the genre eyes a potential global crossover moment off the back of this season’s biggest hits. Notting Hill Carnival is still several months away, for example, but “The Greatest Bend Over” has already gotten so much traction in the U.K. that it would have entered the country’s Afrobeats charts, had it fit the appropriate sonic profile, according to a phone conversation Full Blown had with BBC Radio 1Xtra personnel two weeks ago. All three acts agree that the “crossover” will happen with foreign listeners meeting Trini soca artists on their turf. The era of concessions is over.
“I think we’re getting braver in terms of saying things the way we say it. I don’t know if Afrobeats’ [success] helped with that, but we sing it all the time down here and don’t even know what they’re saying all the time. But it sounds good,” says Hart. “I think the same thing will happen with us and our Trini dialect. Our ‘crossover hits’ have been very few and far between. We’re starting to see that soca has more appeal.”
As the music industry marches further into this era of increased globalization, different styles and genres that may have taken a backseat in past eras now have an opportunity to lead the charge. Trinidad is churning out soca hits that will hopefully lay the foundation for future bouyon crossover hits from St. Lucia and Dominica.
“Even the Jamaicans — who, oftentimes, we wish we were in their shoes so we could have our genres recognized — are looking to soca now because they believe that soca is the next thing,” Hart proclaims. “Our confidence is building; we’re finding our voice and our space and realizing that if we keep it up consistently, the world will catch up to us eventually.”
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We love black love, and we love creativity and this groom’s wedding entrance is the perfect blend of both.
Taking inspiration from Kendrick Lamar’s legendary Super Bowl halftime performance, this groom took his big day to another level with a remix of Kendrick’s iconic set. One moment in particular stood out: during Kendrick’s performance of “Not Like Us,” he included a powerful dialogue before diving into the track. This groom took that same energy and recreated it for his wedding, setting the stage with that same dialogue before dropping into the infectious “Not Like Us” bop. The crowd went absolutely wild as he hit every move, bringing the vibe of the halftime show right to the reception.
It wasn’t just a wedding entrance; it was a celebration of black excellence, culture, and love. The groom’s creative twist on Kendrick’s performance didn’t just entertain—it paid homage to a moment in pop culture history while making it personal for his special day.
The energy in the room was undeniable, as family and friends witnessed a love story unfold with the perfect soundtrack. By merging his love for his bride with his admiration for Kendrick, this groom made sure his wedding was unforgettable. And let’s be real—when you can bring that much heat to the dance floor, you know you’re setting the bar high for all wedding entrances to come!
Watch the full video of the groom recreating Kendrick Lamar’s ‘Not Like Us’ at his wedding here:
We made it! Awards season is finally over. With the Brits and the Academy Awards holding their respective ceremonies last week, the 2025 awards cycle has ended. Whether you’re still not over Beyoncé‘s Cowboy Carter victory or reeling from Wicked’s Oscar losses, you have a few weeks to grieve and celebrate before we start all over again.
At the Brits (March 1), Charli XCX swept with five wins, capping off her career-shifting Brat era. Raye took home best R&B act for a second consecutive year, Stormzy won best hip-hop/grime/rap act and singer-songwriter Myles Smith was named Rising Star. The following night (March 2), Cynthia Erivo and Ariana Grande opened the Oscars with a goosebump-inducing medley of “Somewhere Over the Rainbow” from The Wizard of Oz, “Home” from The Wiz and “Defying Gravity” from Wicked, honoring the staggering legacy of the classic American story. Erivo’s rendition of “Home” previewed Queen Latifah‘s performance of “Ease On Down the Road” later in the ceremony. The hip-hop legend and Oscar-nominated actress played The Wiz anthem in honor of the late Quincy Jones, the first Black composer nominated for best original song.
And, of course, Oscar host Conan O’Brien found a way to joke about the Kendrick Lamar–Drake beef.
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With Fresh Picks, Billboard aims to highlight some of the best and most interesting new sounds across R&B and hip-hop — from RealestK’s heartfelt new ballad to Fridayy and Meek Mill’s emotional collaboration. Be sure to check out this week’s Fresh Picks in our Spotify playlist below.
Freshest Find: Avenoir, “Art of War”
South African-born, Alberta-raised R&B singer-songwriter Avenoir is yet another rising Canadian star looking to pick up the $$$4U torch and run with it. Teaming up with longtime collaborator and fellow producer YMC, “Art of War” finds Avenoir settling into a sparkling alt-R&B fantasia complete with ebullient synths and lush keyboard chords cradling his breathless falsetto. “Don’t use a soft tongue when you speak of love/ Curse the mouth that speaks the flame on us/ Show devotion, never hide the truth/ Love is war and that’s just principle,” he croons at the end of a single stream-of-conscioussness verse, which quickly gives way to a Prince-esque instrumental breakdown in the outro. — KYLE DENIS
Fridayy & Meek Mill, “Proud of Me”
Fridayy and Meek Mill are bonded by the loss of their fathers. While Meek’s dad passed when he was a kid and Fridayy lost his pops over FaceTime last year, the pain never subsides. Even when his album was turned in, the Philly-bred singer pulled up on Meek in NYC at the 11th hour, and greatness came out of that 12-hour studio session with the powerful “Proud of Me.” Meek broke his writer’s block and delivered an early guest verse of the year candidate. “Scared to show up at your grave ’cause I might try dig you out/ Like you know I did this shit for you/ Never heard you say it back, still be like, ‘I miss you too,’” he raps, sending shivers through the spines of every listener around the globe. — MICHAEL SAPONARA
Jaz Karis & Kenyon Dixon, “LYTM (Remix)”
South London R&B star Jaz Karis dropped “LYTM Remix,” featuring multi-GRAMMY nominee Kenyon Dixon. Originally produced by Camper for her debut album Safe Flight, “LYTM” — which stands for “Love You That Much” — is about knowing when to love someone from a distance. Kenyon Dixon adds a new layer to the track, reflecting on his verse, “Sometimes the best way to love someone is to step back, even when it hurts.” The song captures the bittersweet pain of letting go when love still lingers but staying would mean repeating the same mistakes. From the start, there’s a sense of powerlessness — “It’s out of my hands, it’s out of the question/ ’Cause you were the one who made the decision.” A mature, soul-stirring take on heartbreak, “LYTM Remix” is a reminder that sometimes walking away is the ultimate act of love. — CHRISTOPHER CLAXTON
Wiz Khalifa & LaRussell, “I Might Be”
Wiz has been back in his blog era bag lately with all the music he’s been dropping. This track is no different, as he and the Bay’s LaRussell go off about their come-up and consistent hustle, over this smoothed out Mike G Beatz production for all the playas with popped collars and good weed out there. Make sure to play this in the morning when you’re getting to the money. — ANGEL DIAZ
1900Rugrat & Lil Yachty, “Bussin Baby”
Well over a decade since changing the rap game as a pioneer of Chicago drill, Chief Keef’s influence traveled south to burgeoning rhymers like 1900Rugrat. 19 teams up with Yachty for “Bussin Baby” and with Lil Boat being an artistic chameleon, he has no issue meshing with the eerie trap production. Rugrat bats second, and references his turbulent relationship with his mother, who kicked him out of the house while growing up. “Ma dukes kicked me out soon as that money hit, swear she miss me,” he raps. South Florida got another one. — M.S.
Johnny Venus & 6LACK, “So Beautiful”
“So Beautiful” paints a vivid picture of infatuation and deep attraction, blending romantic admiration with an almost addictive longing. Johnny Venus sets the tone with a chorus that expresses an overwhelming desire to stay connected, comparing love to a drug he can’t resist. His verses reinforce the urgency of living in the moment, emphasizing that time is fleeting and there’s no point in holding back feelings. 6LACK’s verse builds on this theme, exploring the intensity of a relationship that feels both exhilarating and consuming. He acknowledges the risks of falling too deep but embraces the possibility of something extraordinary. His lyrics balance vulnerability with confidence, expressing a willingness to commit while letting his partner choose their own path. The song’s repeated hook reinforces the sheer admiration felt for the subject, describing them as “so, so beautiful,” both physically and emotionally. — C.C.
Fatboi Sharif & Driveby, “Battlestar Galactica”
I once watched Driveby do some s–t during a beat set on a Jersey City rooftop that I’ve never seen before. It’s still hard to describe, but he was building a beat live, and had this motion sensor machine that allowed him to speed up and slow down the beat without touching it. So, when I peeped that he was doing a project with fellow Jersey native Fatboi Sharif, I had to show love. I’ve never watched the show, but I’m positive this is what the space in Battlestar Galactica sounds like. — A.D.
RealestK, “Deja Vu”
Toronto native RealestK delivers a downcast, plaintive reflection on the phenomenon of seeing and recognizing your true love for who they are at multiple points throughout your life. “Is it me, or is it parts of me that I can never understand?/ Too many things in life where I might need a helping hand/ And all you wanna do is play all these games/ And put it all on me,” he coos over an ethereal soundscape of swirling synths and strings. His gentle voice plays well against how spacious the mix feels, but his haunting ad-libs truly round out his disarming introspection. — K.D.
Juhovah, “Rooftop Dinner”
You never know when you’re going to meet “the one” in life, but preparation is key. Juhovah ruminates about the woman of his dreams and wants to make sure his paper is properly stacked before it’s go-time. “Don’t reach for the check, lady, I’m a big tipper,” he raps. The North Carolina native can switch lanes with ease between trunk-rattling bars and moody R&B. After pressing play on “Rooftop Dinner,” make sure to check out his impressive 2024 project Soft Girl Era. — M.S.
Aqylia, “Wolf”
“Wolf” captures the emotional exhaustion and betrayal in a toxic relationship. Aqylia calls out their partner for manipulative behavior, stating, “You playing in my face now/ Don’t pull me on your way down.” The chorus uses the “crying wolf” metaphor to describe how the partner’s lies make trust impossible, with lines like, “You and truth are incompatible.” In the second verse, the partner’s actions are so unreliable that they would “leave me for dead” if Aqylia let her guard down. The bridge exposes how the partner craves drama and attention, creating emotional strain. By the end, Aqylia refuses to fall for the lies, making a final statement of strength. The song is a powerful declaration of self-worth over manipulation, a track that everyone dealing with a tough relationship can use as motivation. — C.C.
Ray Vaughn, “Cemetery Lanterns”
Back with a hard-hitting, percussive cut helmed by The Rayo and Kyu Steed, rising TDE star Ray Vaughn has delivered yet another knockout single ahead of his forthcoming The Good, The Bad & The Dollar Menu EP. “What’s the point of a rep if you dead by a summer?/ You think them n—as gon’ love you like momma or brother, huh?/ You think the hood gon’ cry for you like your niece will?/ Your big homie cold if he telling you you should keep still,” he venomously spits, positing tough questions about the dark underbelly of gang culture amidst a gripping narrative that furthers his progression as an MC and writer. — K.D.
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The Marvel Comics superhero Daredevil is back with a new TV series starring Charlie Cox as The Man Without Fear and Vincent D’Onofrio as Kingpin.
Daredevil: Born Again’s two-episode series premiere drops on Tuesday, March 4, at 9 p.m. ET/6p.m. PT on Disney+.
Ahead, read on for ways to stream Daredevil: Born Again online.
How to Watch Daredevil: Born Again Online
Daredevil: Born Again is exclusively streaming on Disney+ for subscribers only.
Not a subscriber? Sign up for Disney+ to watch all sorts of movies and TV shows from the Walt Disney Company, Lucasfilm (Star Wars), Marvel Studios, Pixar Animation, Twentieth Century Studios, National Geographic and more.
Disney+ starts at $9.99 per month for the ad-supported plan, while you can go ad-free for $15.99 per month. Also, you can add an extra subscriber to your account for an additional $7.99 per month.
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As far bundling Disney+ with another premium streaming service, you can get the Disney Duo with Disney+ and Hulu starting at $10.99 per month, or you can go ad-free for $19.99 per month. The Disney Trio with Disney+, Hulu and ESPN+ goes for $16.99 per month, while the ad-free version goes for $26.99 per month.
If you’re not into ESPN+, then you can go with the Disney+, Hulu and Max bundle with ads for $16.99 per month. However, the Disney+, Hulu and Max bundle without ads goes for $29.99 per month.
Created by Dario Scardapane, Matt Corman and Chris Ord, Daredevil: Born Again follows Matt Murdock (Charlie Cox), a blind lawyer who fights for justice in court by day and in the mean streets of Hell’s Kitchen as the masked vigilante Daredevil by night. In the series, he clashes with Wilson Fisk (Vincent D’Onofrio), a crime lord running for mayor of New York City.
The new TV series also stars Margarita Levieva, Deborah Ann Woll, Elden Henson, Wilson Bethel, Zabryna Guevara, Nikki M. James, Genneya Walton, Arty Froushan, Clark Johnson, Michael Gandolfini, Ayelet Zurer, Jon Bernthal and others.
Meanwhile, The Newton Brothers, film and TV composers John Andrew Grush and Taylor Newton Stewart composed and arranged the score for Daredevil: Born Again. The Newton Brothers also worked on TV scores for X-Men ’97, Goosebumps, The Fall of the House of Usher, Midnight Mass, The Haunting of Hill House and others.
Available starting on Tuesday, March 4, Daredevil: Born Again is streamable on Disney+ for subscribers only. In the meantime, watch a trailer for the new TV series below.
Want more? For more product recommendations, check out our roundups of the best Xbox deals, studio headphones and Nintendo Switch accessories.

Sphere Entertainment reported quarterly revenue of $308.3 million, slightly lower than the year-ago period, owing to half-a-dozen fewer shows, the Las Vegas venue company reported on Monday (March 3).
Sphere — which chairman/CEO James Dolan reminded analysts on a call is still basically a brand-new company — reported an operating loss of $142.9 million, a $16.7 million improvement compared to the same quarter a year ago. Meanwhile, adjusted operating income of $32.9 million was down $18.6 million from the prior-year quarter and events-related revenue of $54.4 million was $800,000 less than the year ago period. The quarter included shows by the Eagles and Anyma as well as the Las Vegas Grand Prix, which returned to Sphere in November as part of a multi-year deal.
With additional shows from the Eagles and Anyma and upcoming residencies by country star Kenny Chesney and Backstreet Boys, Dolan said 2025 will be marked by continued demand and improved operating efficiency.
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“This year, the biggest opportunities are the nuts and bolts of how well we operate the business. That is going to provide a boost,” Dolan said on a call with analysts. “Longer term, the expansion of more Spheres is what is going to deliver the most [return].”
Sphere grossed $169 million, while MSG Networks generated $139.3 million, for the quarter ending Dec. 31. Sphere’s operating loss of $107.9 million on an adjusted basis was $800,000, while MSG Networks reported an operating loss of $35 million. On an adjusted basis, MSG reported an adjusted operating income of $33.7 million.
Advertising on the outside of Sphere, which the company calls Exosphere, plus suite license fees generated $20.3 million, a $2.7 million improvement from the prior-year quarter.
Here’s what else you need to know from the earnings call.
In addition to Sphere Abu Dhabi, the company is working on mini-Spheres.
Last fall, Sphere Entertainment announced plans for a second Sphere venue in Abu Dhabi, the capital city of the United Arab Emirates (UAE), that would be entirely funded by the UAE’s Department of Culture and Tourism. The new venue will be operated as a franchise, with Sphere Entertainment receiving a franchise initiation fee that grants Abu Dhabi the right to use the company’s intellectual property and content from The Sphere Experience, like Postcard from Earth and V-U2: An Immersive Concert Film.
As plans for Sphere in Abu Dhabi move forward, the company is exploring smaller versions of Sphere that could seat around 5,000, compared to the Las Vegas venue’s 20,000-seat design, Dolan said.
“We’re currently working on the architecture of our smaller Sphere” and identifying mid-sized cities that could present opportunities, Dolan said. “We’re looking to take advantage of the content we’ve created already and the business we’ve created already and bringing it out to other markets. Right now, we’re in the planning and design phase.”
While the cost of playing Sphere is “high” for artists, demand is higher.
Dolan acknowledged that playing Sphere, a first-of-its-kind venue, comes with a slew of costs that can set performing artists back. But acts like Chesney, who will kick off a 15-show residency in May, and Backstreet Boys, who start an 18-show residency this summer, save on the cost of touring multiple cities, Dolan said.
“We know that the content costs are high for a band, but they are offset by the fact that it’s a residency,” he said. “So a touring band has to go to 50 cities, move place to place. The bottom line for bands is they do better.”
In response to a question about the biggest opportunities ahead, Dolan said the demand from fans, artists and corporate sponsors is overwhelming. The Las Vegas venue has 55 shows planned for the first half of 2025, up from 37 in the first half of 2024.
“We have a desire to do those concerts, and artists have a desire to play the Sphere,” Dolan said. “If there is anything that is going to limit concerts, it’s probably going to be [demand].”
Expect more concert videos like the one made of U2’s Sphere show.
Dolan declined to share details about the newest The Sphere Experience, but he said it’s likely the company will do more concert films like V-U2 in the future owing to the success of that show and the low cost of creating content like it.
These films, which are akin to “attending the concert without having the band there,” cost less than $500,000 to record and create, Dolan said, adding that they have more performance recordings in the wings.
“The cost of that product is quite low, and I expect that we will continue to build up the library and that you’ll be seeing those kinds of experiences for years to come,” Dolan said.
Lady Gaga will perform her first concert in Mexico in 13 years on April 26 at the GNP Seguros Stadium in Mexico City, Live Nation announced on Monday (March 3) in a press release, followed by a post by the pop star on Instagram. “¡Viva La MAYHEM! We’re coming back,” she wrote. The highly anticipated […]