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Meek Mill Reacts To Donald Trump Hiring His Former Lawyer

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meek mill Joe Tacopina donald trump

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The legal representation for Donald Trump rang a familiar tone for Meek Mill, who pointed out that they share the same lawyer online.

As the former president was present in a Manhattan courtroom Tuesday afternoon (April 4), the Expensive Pain artist shared a photo from the arraignment on his Instagram Story featuring Trump seated with his lawyers in the courtroom. With a headline in bold letters across it, Meek Mill’s caption read, “Trump graduated from the streets…sharing criminal lawyers [with us]…Joe Tactical.”

“Joe Tactical” is the rapper’s moniker for Joe Tacopina, who is representing the former president in this case. Meek Mill would then post another photo, this time of himself standing next to Tacopina after a court hearing. The picture stems from the rapper’s 2017 case where he sought to overturn a prison sentence he received for violating probation on a decade-old gun and drug case.

Tacopina and the rest of the legal team would prove that Judge Genece Brinkley’s initial ruling was “unjust.” The ruling led to Meek Mill being released by the Pennsylvania Supreme Court after serving five months. The case would go on to be a bellwether that highlighted the racial disparities seen in the probation process and the criminal justice system overall. Meek Mill has since become a strong advocate for criminal justice reform.

Tacopina has made a name for himself as a tough and steely litigator who was formerly a criminal prosecutor in Brooklyn. He’s been a fixture on television since being retained by Trump, insisting that the former president hasn’t broken any laws and calling the indictment “political persecution.” Tacopina has not shied away from representing high-profile figures. He represented A Bronx Tale actor Lillo Brancato on murder/weapons charges, actress Taryn Manning on assault charges, rapper YG on suspicion of robbery and former Yankees star Alex Rodriguez during his steroid scandal and suspension in 2014.

There are some who view Tacopina in a bad light, one of them being former New York Police Department Commissioner Bernard Kerik. A firm supporter of Trump, Kerik declined to comment when asked about Tacopina’s hiring. “I am not going to get into it,” he said. Records show that Kerik had requested the state disciplinary committee to disbar Tacopina, whom he accused of cooperating againstjoe tacopina him in secret during a federal investigation that would see the former cop serve a 48-month prison sentence.

Leonardo DiCaprio Testifies In Pras Money Laundering Case

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Pras is fighting one of the most high profile cases this year. So high profile that Leonardo DiCaprio has testified at the trial.

As spotted on Digital Music News The Fugees member is facing some very serious charges. The Department Of Justice alleges that in 2012 he aided in the transferring millions of dollars in donations to the Barack Obama 2012 presidential campaign. The DOJ says that the funds were disguised at legitimate contributions to help the then democrat win the race but in actuality the monies were stolen from the Malaysian sovereign wealth fund 1Malaysia Development Berhad via Malaysian financier Jho Low.

On Monday, April 3 the critically acclaimed actor took the stand to detail his dealings with Low throughout the years. “He had a multitude of different parties,” he revealed. “Some of them were on boats. Some were at nightclubs, dinners”. Low also made contributions to get Wolf Of Wall Street made to which the thespian had to answer to. But to hear Leo tell it; it was Low’s team who he dealt with when it came to matters of any financing. “My understanding was I was given the green light by my team, as well as the studio, to accept financing from Mr. Low”.

Leonardo DiCaprio says he has been social with Pras since meeting him backstage at a concert years back. Pras had pled not guilty to the charges and his lawyer is David Kenner; the same legal eagle who represented Suge Knight, 2Pac, Death Row Records and now reportedly represents Tory Lanez.

Johnson & Johnson Agrees To Pay Nearly $9 Billion To Plaintiffs Claiming Products Caused Cancer

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Johnson & Johnson Reaches Settlement In 8.9 Billion Dollar Lawsuit Over Products Containing Talcum Powder

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For more than a decade, tens of thousands of people have been involved in a legal battle against Johnson & Johnson, which has been accused of manufacturing and selling talcum powder products that cause cancer. On Tuesday, the company agreed to pay $8.9 billion to the plaintiffs bringing them a huge step closer to settling the years-long litigation drama.

But there’s still much that needs to be done before nearly 70,000 people start getting paid.

From the New York Times:

The proposed settlement would be paid out over 25 years through a subsidiary, which filed for bankruptcy to enable the $8.9 billion trust, Johnson & Johnson said in a court filing. If a bankruptcy court approves it, the agreement will resolve all current and future claims involving Johnson & Johnson products that contain talc, such as baby powder, the company said.

For the deal to become final, the court would first have to accept a new bankruptcy filing by the Johnson & Johnson subsidiary, LTL Management, and the settlement itself; the company also needs to persuade enough claimants to support the settlement plan. Johnson & Johnson created LTL in 2021 in a maneuver to shield itself from the talc litigation, but an earlier bankruptcy filing by the unit was challenged by the plaintiffs and dismissed this year by a U.S. appeals court, which ruled that a bankruptcy wasn’t the right way to resolve the matter.

Despite the fact that dotting all of the “i”s and crossing all the “t”s to make this proposed settlement happen looks like it could end up being quite the uphill battle, lawyers for many of the plaintiffs, including family members of people who died of ovarian cancer and mesothelioma, described the proposal as a “significant victory for the tens of thousands of women suffering from gynecological cancers caused by J.&J.’s talc-based products.”

But not all of the claimants are on board with the agreement.

More from the Times:

Jason Itkin, whose law firm is handling 10,000 cases involving women claiming that talc-based powders made by Johnson & Johnson caused their ovarian cancer, said the settlement was “bad for victims” and would be blocked in court. Even if the company succeeds with its filing, Mr. Itkin said, it will have to persuade enough claimants to vote in favor of the settlement plan.

“Even though $8.9 billion sounds like a lot of money, when you spread it out it comes out to not very much at all for the people who suffered,” he said.

And to think, LTL’s initial bankruptcy filing had only set aside a paltry $2 billion for payouts to plaintiffs before the subsidiary ultimately agreed to add the other $6.9 billion to that figure.

It’s worth noting that Johnson & Johnson stated that its settlement proposal is not an admission of wrongdoing, and, in fact, the company denies all claims that the talc used in its products contained cancer-causing asbestos “are specious and lack scientific merit.”

“Resolving this matter through the proposed reorganization plan is both more equitable and more efficient, allows claimants to be compensated in a timely manner and enables the company to remain focused on our commitment to profoundly and positively impact health for humanity,” said Erik Haas, Johnson & Johnson’s worldwide vice president of litigation.

For the record, the company pledged in 2020 that it would discontinue its talc-based baby powder in the United States, and, this year, it said it would stop selling the product globally.

Billboard & Telemundo Announce Inaugural Mujeres En La Música Event Honoring Thalia, Ana Gabriel, Natti Natasha & More

The first-ever Latin Women in Music, or Mujeres Latinas En La Música in Spanish, will honor Thalia, Ana Gabriel, Natti Natasha, Evaluna, Goyo and Emilia Mernes, Billboard and Telemundo announced Thursday (April 6).

The inaugural event will take place May 6 at the Watsco Center in Miami and is set to be co-hosted by reggaeton queen Ivy Queen — who received this year’s Icon Award at Billboard‘s 2023 Women in Music — and television personality Jaqueline Bracamontes. The two-hour music special, which will air May 7 on Telemundo, will celebrate Latin women artists, executives and creatives who are proactively working for positive change, inclusion and gender parity in the music industry.

“Our Latin Women In Music gala is a bold and inspiring event. Our honorees come from vastly diverse places, generations, styles, genres and philosophies, but all have excellence, commitment and unique and uncompromising artistry and points of view,” said Leila Cobo, Billboard’s chief content officer for Latin/Español. “In this landmark year for Latin music, we are so proud to launch our newest tentpole, where we will celebrate outstanding, powerful, leading women yearly.”

Ana Gabriel will receive the Leyenda Viviente (Living Legend) Award. With more than two-dozen albums, the Mexican singer-songwriter has serenaded fans for nearly five decades with cross-genre chart toppers, including 20 top 10 hits and 6 No. 1 hits on the Billboard Hot Latin Songs chart. The awards for the other honorees will be announced soon.

“We are proud to recognize this group of powerful artists who have redefined the role of Latin women across genres and around the world,” added Ronald Day, president of entertainment and content strategy for Telemundo. “Music is more than a beat for the Latino community, it is a reflection of our identity. With this event, we aim to continue offering our audience the opportunity to celebrate our culture and come together through the music that unites us all.”

The show — which according to both companies will “embody Latin culture featuring powerhouse performances, impactful historic moments, and can’t-miss surprises” — will also be on the Telemundo app and available to stream on Peacock.

The inaugural Latin Women in Music event was announced earlier this year as an expansion of Billboard’s Women in Music franchise. It aims to celebrate the women who have made a concrete impact on Latin music through their artistic achievements, or through tangible, noteworthy actions that have brought measurable recognition and opportunity to women, effecting positive change to the industry as a whole. 

Additional information about Billboard Mujeres Latinas en la Música, including the first-ever Latin Woman of the Year honoree, musical performances, presenters and more, will be announced in the coming weeks. Tickets to attend Billboard Mujeres Latinas en la Música live at the Watsco Center can be purchased here: BillboardMujeresEnLaMusica.com.

Meet LONDON, Nigerian Producer Behind Rema and Selena Gomez’s Inescapable Hit, ‘Calm Down’

Producer LONDON is keeping busy. At just 23, the Nigerian-British music maker, born Michael Hunter, is scoring hits with artists like Rema, Wizkid, Ayra Starr, Black Sherif and Tiwa Savage — including the global smash “Calm Down,” which he co-produced with Andre Vibez.

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“We have the same frequency, the same taste in music,” he says of collaborator Rema. “That’s why whenever we work with each other, it’s always straight bangers.”

“Calm Down,” which added Selena Gomez to its breakout remix, has taken the world by storm, reaching No. 8 on the Billboard Hot 100 and No. 3 on the Global 200. It’s also soundtracked millions of videos on TikTok, including a viral clip of a group of Iranian teenage girls performing the song’s dance challenge without hajibs in protest — for which they were later found and reportedly detained by authorities. (“To all the beautiful women who are fighting for a better world, I’m inspired by you, I sing for you, and I dream with you,” Rema tweeted in response to the video).

Rema and LONDON’s first viral TikTok moment was by way of the 2021 single, “Soundgasm,” which was co-produced by LONDON, Dro and Shanti. The sensual and danceable cut peaked at No. 15 on the Billboard U.S. Afrobeats Songs chart and racked up over a hundred thousand videos on TikTok, including many for its popular sped-up version.

LONDON says that the ever-growing attraction to Afrobeats on a global level has given way to a number of opportunities for African artists and producers. In 2018, he signed a publishing deal with Sony, which gave him access to “sessions and rooms normally I wouldn’t be able to get into.”

While LONDON has made a name for himself within the world of Afrobeats, he got his start making R&B and trap beats while working for a graphic design company. At the time, his aspirations were set on becoming a lawyer. “I wasn’t really thinking of taking like the whole music thing seriously,” he explains, “Not until I got that first track.”

The first track in question was DJ Tunez’s “Turn Up,” a shuffling 2018 cut featuring Reekado Banks and Wizkid. From there, LONDON continued his working relationship with Wizkid, landing a spot on his critically acclaimed 2020 album Made in Lagos with “Gyrate.”

LONDON is currently working on more music with Rema, a joint EP with Ayra Starr and his own album set to come out next year. “We [Africans] are so hungry for that spotlight to be on us,” he says. “And now that we have it, there’s no way we’re going to [lose it].”

Tell me about how you got your start in music.

I was born in Kaduna, a small state in [northern] Nigeria. I used to play drums in church, so that’s kind of where I started off musically. After high school, I was trying to get into college — but the system in Nigeria is really weird. You have to know someone that knows someone to get into college. So I had to stay back home for two years or so. Instead of just staying at home doing nothing, I decided to learn something.

[When I was 18], I used to work as a graphic designer and I got introduced to Fruity Loops by a friend of mine at the same firm. Everything kind of kicked off from there. I started playing around with the software and learned how to make beats pretty. And now I’m here talking to you.

What kind of music like were you hearing growing up?

My mom was a big music lover. I never really had a taste of my own because I was forced to always listen to what she was listening to. Every morning it was her tunes waking me up. A lot of Tina Turner, Whitney Houston, Michael Jackson.

How did “Calm Down” come together?

“Calm Down” is actually a crazy record, because I wasn’t part of the beginning process. Andre Vibez, the other producer on the record, started the song with Rema. Rema played me “Calm Down” because I was executive producing his album — and he liked the song, but he felt like there were certain things missing. So we basically had to take everything apart [to make] everything work. We rearranged it, adding layers, adding some sounds, adding some effects, just to make everything blend together.

What were some of the changes you made to the song?

The arrangement of the song and the strings. He said he needed more emotion on the song, so I helped him putting more strings on the songs, he needed the drums to knock harder. So I just helped beef it up a bit. I helped him take the record to the next level. That’s pretty much what I did for his album in general. I produced 14 out of the 16 songs, and out of that 14, a few songs I co-produced with other people. When it comes to music [and] sound, we understand each other properly.

How were you discovered?

In Nigeria, it’s not really a thing to have a management body behind you. You basically just have to hustle, build your connects, always put your stuff out there for people to see. I used to like post little clips of me making beats on Instagram. That’s how I got discovered by [producer] Baby Fresh, who also played a big role in mentoring me.

Another person was Ozedikus, who produced Rema’s first hit, “Dumebi.” He used to put me through beatmaking and take me around for sessions. When I’d go for the sessions, I always happened to connect with everyone and exchange numbers. It was basically all through connections. I had no manager at that time. It was all just solo efforts just trying make it through the industry. But as you grow, you [need] a proper team to take you to the next level.

What was it like signing a publishing deal with Sony?

The deal came when I was fresh in the whole music thing. It was great news for me that Sony was interested to sign a young producer from Nigeria. I was really happy. I saw it as an opportunity to extend my reach globally.

Who is an artist you dream to work with?

I always say this man — I want to work with Drake.

Drake does love dipping into other cultural sounds.

Yeah, I want to do a full Afrobeats EP with him. He’s one of those artists I look up to and just want to make music with, because I really enjoy listening to them as well.

When you look at the landscape of Afrobeats, what do you think has to happen for the genre to continue growing in the mainstream market?

It just needs to keep evolving. If you listen to Afrobeats from way back, it was really dope, but it’s not what you’re hearing right now. The sound has evolved. Everyone is learning, picking up new things, trying different sounds. I feel like Afrobeats is going to stay [popular] and get bigger, because we Africans love to explore. We love to create something different, so we’re going to keep evolving and taking the sound to the next level.

Amapiano, too. It’s vibey, it’s dancey, everyone is having fun. It’s kind of taking over the “oontz” music in the club. No one’s listening to that stuff anymore, everybody’s on Amapiano right now.

The Afrobeats label is applied to a lot of different African artists. How do you define “Afrobeats?”

When you listen to Afrobeats, it makes you dance. It’s a big genre with multiple possibilities. You can have Afropop, Afro-R&B. It’s like pizza and you put whatever you want on it — like pepperoni, or like Domino’s putting pineapple on it. [Laughs.] It’s literally a blank sheet of paper and you can do whatever you want to do. We already have the base, which is the groove.

When it comes to your sessions, how do you create a comfortable space for artists?

I think my personality speaks for itself — I’m a really calm and happy person. You can’t be in the room with me and be serious. If I’m in a session and I feel like everyone is getting too tense, I pretty much just make jokes. I’ve never really been in a session where anyone is feeling awkward or everything is too serious. I’d rather not go for the session if I feel it’s going to be like that.

The Beatles’ Earliest Known U.K. Concert Recording Is Unearthed

A 60-year-old recording of the Beatles, said to be the earliest full taping of the Fab Four on home soil, has come to light.

The gig took place on April 4, 1963 when the-then rising band performed at the school’s theater.

Teenager John Bloomfield, a boarder at Stowe in Buckinghamshire, tested out his new reel-to-reel tape recorder at the show. The result, revealed on BBC Radio 4’s Front Row, opens with “I Saw Her Standing There,” then segues into Chuck Berry’s “Too Much Monkey Business.”

The recording “captures the appeal of The Beatles’ tightly-honed live act,” according to the Corporation, “with a mixture of their club repertoire of R&B covers and the start of the Lennon/McCartney songwriting partnership, with tracks off their debut album Please Please Me, which had been released barely two weeks earlier, on 22 March.”

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Speaking about the find, Beatles historian Mark Lewisohn comments, “The opportunity that this tape presents, which is completely out of the blue, is fantastic because we hear them just on the cusp of the breakthrough into complete world fame. And at that point, all audience recordings become blanketed in screams.”

He adds, “So here is an opportunity to hear them in the U.K., in an environment where they could be heard and where the tape actually does capture them properly, at a time when they can have banter with the audience as well.”

The mic picks up the mostly-male audience shouting out requests and, crucially, the BBC adds, the recording isn’t drowned out by screaming, a hallmark of “Beatlemania.”

Bloomfield, who kept the recording safe through the years, but hadn’t revealed its existence until now, is now 70.

“I think it’s an incredibly important recording,” adds Lewisohn, “and I hope something good and constructive and creative eventually happens to it.”

Though the Beatles officially split in 1970, the year of the release of Let It Be, their twelfth and final studio album, the legend, and the myth continues to grow.

A Danny Boyle-helmed film based on the band’s music, Yesterday, was released in June 2019; recent reissues of the Beatles’ catalog have topped sales charts around the globe; and Lord of the Rings director Peter Jackson invited fans inside for previously-unseen final recording sessions, and the band’s legendary performance atop the Apple Corps headquarters in London, for an exhaustive three-part documentary series, Get Back, which dropped in late 2021 on Disney+.

Read more on “The Beatles at Stowe School” here.

10 Beauty & Grooming Products to Buy for Spring 2023

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.

From weddings to prom season, graduations, outdoor parties, music festivals, concerts and other seasonal festivities, springtime is busy for most people, which means that you might need to do some shopping.

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If you’ve been meaning to restock your beauty and grooming products but are unsure of what to buy and where to buy it from, we’ve collected a list to help you out.

Below, find a roundup of new arrivals, bestsellers, trending items and more from Amazon, Ulta Beauty, Sephora and other retailers.

For additional shopping recommendations, check out our roundup of deals on men’s sneakers, celeb-loved beauty products and makeup tools for beginners.

Ulta Beauty

T3 Switch Kit Wave Trio Professional Ionic Interchangeable Curling Iron with 3 Ceramic Clip & Wand Long Barrels for Curling and Waving

$299.99

Looking for a multi-styler? The T3 Switch Kit Wave Trio allows you to switch up your look without switching hair tools. The three-in-one, interchangeable curling iron includes a 1-inch wand, 1.25-inch clip barrel and 1.5-inch clip barrel.

MANSCAPED® The Beard Hedger Premium Men’s Beard Trimmer

$99.99

Moving on to another kind of “hair tool,” the Beard Header from Manscaped is currently at No. 8 on Amazon’s list of new releases in the beauty/personal care category. The waterproof beard groomer comes equipped with an easy-to-use, intuitive wheel with 20 different length settings to choose from, a 7,200 RPM motor and high-performance battery that offers up to 60 minutes of use at a time.

Amazon

RAIN OR SHINE Anti Aging Face Sunscreen SPF 50

$32.00

Niall Horan is a fan of Jaxon Lane Rain or Shine Anti-Aging Face Sunscreen. The Voice coach used Rain or Shine sunscreen in the 21-step skincare routine that he recently shared with Vogue. Horan’s other recommendations included Jaxon Lane’s Bro Mask Cooling Under Gel Pads ($30), Make Beauty Micro Crystalline Exfoliating Face Mask ($36), Ilia Bright Start Retinol Brightening Eye Cream ($46) and Salt & Stone California Mint Lip Balm ($10).

Amazon

Dots for Spots Pimple Patches for Face – Pack of 24 Hydrocolloid Acne Patch

$11.99

Dots for Spots can target those blemishes that tend to pop up when the seasons change. The vegan, ultra-thin, non-irritating, fragrance-, alcohol-, paraben- and phthalate-free blemish patches work on the face and body. For the best results, the manufacturer recommends wearing them for at least six hours (they’re also safe to wear overnight). Check out Amazon‘s Spring Beauty Premier event for more skincare options.

Ulta Beauty

e.l.f. Halo Glow Highlight Beauty Wand

$9

E.l.f. cosmetics’ Halo Glow Highlight Beauty Wands are trending all over TikTok. Worth the hype? There’s only one way to find out.

Sephora

Rare Beauty Soft Pinch Lip Oil

$20

Soft Pinch Lip Oil is a newest product launch from Selena Gomez’s Rare Beauty line and fans are already “obsessed” with it. The tinted lip oil is available in eight colors including muted berry, pink, rose brown and a natural shade.

Urban Decay

UD x Smiley Naked Mini Eyeshadow Palette

$33

Festival season is a good reason to buy long-lasting makeup like this Urban Decay x Smiley Naked Mini Eyeshadow Palette. The glittery palette has six “smile-inducing” eyeshadow shades that last up to 12 hours.

CHI x Barbie Dreamhouse On-The-Go Travel Kit

$100

If you missed out on the Chi x Barbie 1.25-inch ceramic flat iron ($109.99), triple barrel waver ($109.99) and On-the-Go Travel Kit ($109.99), there’s still time to grab Barbie-themed hair tools but you’ll have to act fast. The limited-edition travel set pictured above includes a mini blow dryer, flatiron and printed backpack and it’s almost sold out.

Fenty Beauty Hella Thicc Mascara

$19

Want plumper-looking lashes? Fenty Beauty dropped a new mascara to add thickness and volume to your lashes.

Glossier

Glossier Hand Cream

$18

Moisturized hands are a must for any season, but spring can be especially harsh on your skin. Glossier’s hand cream is made meadowfoam seed oil, coconut fruit extract and other fast-absorbing, nourishing ingredients that moisturize without the greasy residue.

Kelly Clarkson Is ‘Constant as a Northern Star’ on Joni Mitchell Kellyoke Cover

Kelly Clarkson kicked off the Wednesday (April 5) episode of her talk show with a lovely, lilting cover of Joni Mitchell‘s “A Case of You.”

Accompanied by a lone Appalachian dulcimer, much like the original recording, the American Idol winner rolled out the story Mitchell first told on her landmark 1971 album Blue, singing, “Just before our love got lost you said/ ‘I am as constant as a northern star’/ And I said, ‘Constantly in the darkness/ Where’s that at?/ If you want me I’ll be in the bar’/ On the back of a cartoon coaster/ In the blue TV screen light/ I drew a map of Canada/ Oh, Canada/ With your face sketched on it twice.”

The ballad was originally released as the B-side to Blue‘s sophomore single “California,” which failed to chart on the Billboard Hot 100 following the modest success of lead single “Carey.” Mitchell later re-recorded “A Case of You” for her 1974 live album Miles of Aisles and another version of the song also reappeared on her 2000 orchestral full-length Both Sides Now.

Other tracks Clarkson has selected for a Kellyoke spin as of late include Lenny Kravitz’s cover of “American Woman,” GAYLE’s Grammy-nominated breakout “abcdefu” — complete with tweaked lyrics to allude to her divorce from Brandon Blackstock — and Janet Jackson’s “When I Think of You.”

Meanwhile, the talk show host is also prepping the long-awaited release of Chemistry, her first new album of original, non-holiday music since 2017’s Meaning of Life. The studio set’s lead single “Mine” is set to arrive April 14 via Atlantic Records.

Watch Clarkson pay homage to Mitchell with her take on “A Case of You” below.

Tyler, The Creator “Hot Wind Blows,” Quavo “Honey Bun” & More | Daily Visuals 4.5.23

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It’s been a minute since we’ve heard from Tyler, The Creator, but with the deluxe edition to Call Me If You Get Lost: The Estate Stale set to drop with eight new cuts, The Creator decided to drop off a visual for one of the new cuts to get some buzz going.

Taking to the friendly skies and landing in Geneva, Switzerland for his video to “Hot Wind Blows,” Tyler takes in the sights and activities that the “Playground of Europe” had to offer including some fun in the sun, bike riding in the country, and some exclusive cheese from a cheese room.

Back in Atlanta, Quavo returns to his rap grind after mourning the loss of Takeoff (RIP) and in his clip to “Honey Bun,” Huncho breaks open a bank vault but instead of taking the money and fleeing, he stays there to count his cash and drop his bars. He must have cops on the payroll.

Check out the rest of today’s drops including work from Neek Bucks, Ivory Scott and Fabolous, G Perico and DJ Drama, and more.

TYLER, THE CREATOR – “HOT WIND BLOWS”



QUAVO – “HONEY BUN”



NEEK BUCKS, IVORY SCOTT & FABOLOUS – “L.O.L”



G PERICO & DJ DRAMA – “NO DO OVERS”



SHAWN EFF FT. PLANET ASIA – “ELEVATE”



SCOTTY CAIN FT. MISTA CAIN – “SWERVIN”



DABOII – “JA MORANT FLOW”



BIG BOSS VETTE – “PROBLEM”



PARIS TEXAS – “PANIC!!!”



DEEBABY – “NEVER GON END”



Live Nation CEO Michael Rapino Buys Another $1 Million Worth of Shares in Company’s Stock

Live Nation president/CEO Michael Rapino is once again dipping into his personal bank account to convey his financial support and commitment to the concert promotion company he’s been building since 2005. On Friday (March 31), he purchased approximately $1 million worth of company stock “in order to maintain his strong level of stock ownership in the Company,” according to a recent Securities and Exchange Commission filing.

The purchase is a bit confusing since it was part of a tax withholding effort and was technically listed as a sale of shares by Rapino rather than an acquisition. But just as he did in March 2020, Rapino spent approximately $1 million of his own money to increase the number of Live Nation shares he held in his portfolio.

Rapino made the March 2020 purchase just as the company’s share price, and most of the stock market, was being battered by fears of a deep recession due to the COVID-19 pandemic. At the time, the company was trading at $38.60 per share, down nearly 50% from weeks earlier when the stock was trading at approximately $74 per share.

Today, that $1 million Rapino invested in the company in 2020 is worth $1.8 million, with the Live Nation stock hovering around $68 to $70 per share — better than it was during the early days of the pandemic, but lower than shareholders want considering that the company enjoyed record revenue in 2022 and is poised for a big 2023 with superstar artists like Beyoncé, Drake and Madonna hitting the road. Rapino’s latest purchase is a way to shore up confidence in the company as it heads into another promising year.

Dragging the company’s share price down are concerns about debt and regulatory pressure from Washington, D.C. Live Nation carried $3.7 billion in debt prior to the pandemic and now shows a debt level of $6 billion. With nearly $5.1 billion of that debt set at a fixed interest rate, the company will easily be able to service its interest payments, but it’s unlikely to raise additional capital for acquisitions in the short term due to federal monetary shifts toward higher interest rates. On the regulatory front, the company is facing both long-term scrutiny over its 2010 merger with Ticketmaster and more recent attention over its handling of the 2022 ticket sale for Taylor Swift‘s Eras Tour.

Friday’s purchase was structured differently than the March 2020 purchase, which saw Rapino buy the $1 million in company shares off the open market. Instead, it was part of a share surrender by Rapino and other executives over taxes due on vested restricted stock awards. As part of the company’s equity incentive plan, Rapino was to surrender 22,204 shares of restricted stock back to the company to cover withholding taxes but opted to pay $1 million out of his own pocket toward taxes due on his 2022 stock award, “hereby retaining ownership of 14,285 shares of common stock of the Company that would have otherwise been surrendered to the Company to pay taxes,” according to the SEC filing.

Rapino currently holds 5.2 million shares of Live Nation, consisting of 3.5 million shares of common stock, options to purchase an additional 600,000 shares and a performance share award targeted at 1.1 million shares of common stock.