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News
Spotify’s Stock Up 5.5% on Fresh $1.5B Stock Buyback Program
3+ day, 11+ hour ago (287+ words) The company, which has seen its stock fall more than 30% since it closed at record highs in June 2025, can now buy back up to $2.2 billion of its own stock. Spotify’s stock was up nearly 5.5% on Friday (Aug. 21) following a disclosure…...
Australian Attorney Marcus Walkom Unveils Walkom Entertainment Lawyers
6+ day, 36+ min ago (315+ words) Headquartered in Brisbane, the new firm boasts a list of clients including Wolfmother, The Teskey Brothers, Tigerlily, The Amity Affliction, and Untitled Group. BRISBANE, Australia – Former Media Arts Lawyers partner Marcus Walkom launches Walkom Entertainment Lawyers, the veteran attorney’s independent…...
‘Peanuts’ Music Owner Settles Lawsuits Over Social Media Ads & Government Christmas Card
1+ week, 7+ hour ago (278+ words) The resolutions come two months after CBS inked a licensing deal over Stephen Colbert's use of "Linus and Lucy" on the final episode of The Late Show. The owner of the Peanuts theme song and other music from the Charlie…...
Executive Turntable: Lawyer Who Advised on BMG-Concord Deal Joins Nixon Peabody; THE·TEAM Adds Teammates
1+ week, 3+ day ago (724+ words) This week's column also includes hires, promotions and other executive moves at Version III, Tape Room Music, Hey Now Records and more. Global law firm Nixon Peabody has added Matt Finkelstein as a partner and head of its music practice....
The Deals: Influence Media Invests in MENA-Focused Catalog Buyer; Live Nation Makes Moves in Prague
1+ week, 3+ day ago (400+ words) Also: Singapore live entertainment company Triangle Group raises $15 million, Ticketmaster acquires a Uruguayan ticketing platform and more. Influence Media Partners made a strategic investment in IPNation, described in a press release as “the first investment platform dedicated exclusively to Arabic…...
Romeo Santos Sues Accounting Firm for Malpractice Over Financial Mistakes He Says Cost Him Millions
1+ week, 4+ day ago (440+ words) The star singer says he hired a firm that sold itself as an "entertainment-industry specialist," but that it botched his taxes so badly that he lost millions. Latin superstar Romeo Santos is suing his longtime accounting and business management firm,…...
Selena Gomez & Her Mental Health Startup Hit With Investor Fraud Lawsuit: ‘Financial Calamity’
1+ week, 4+ day ago (313+ words) Five men allege they were duped into investing $1.2 million in Wondermind based on a "fiction." A group of investors in Selena Gomez’s troubled mental health startup Wondermind are suing the star and her company for fraud. “The information unearthed in…...
MIDiA Expects Recorded Music Revenue to More Than Double By 2033
1+ week, 4+ day ago (341+ words) Vinyl sales; streaming revenue from social, fitness and gaming; and labels' share of areas like branding, merch and touring could top $18 billion, new report says. By 2033, global recorded music revenues are expected to grow by 62.9% to $121.1 billion, from $74.3 billion in…...
MSGE Earnings: Lady Gaga, New York Knicks and the Christmas Spectacular Drive a $1 Billion Fiscal Year
1+ week, 5+ day ago (318+ words) Profits rose 16% on strong ticket sales and a doubling of concerts at the Garden between April and June. What do Lady Gaga, New York Knicks point guard Jalen Brunson and Radio City’s Christmas Spectacular have in common? They helped make…...
iHeartMedia Earnings: Political Ads Help Drive Q2 Revenue Up 4.7%
2+ week, 4+ hour ago (414+ words) Executives forecast continued strong advertising in the second half of the year and are predicting growth in adjusted EBITDA. iHeartMedia, the largest U.S. radio and podcast distribution company, said on Monday (Aug. 10) that revenue for its second quarter came in ahead…...