Dylan Smith

Guitar Center Suffers Major Ratings Downgrade from Moody’s: ‘Leverage Remains High and Cash Flow Is Limited’

April 24, 2020

One of Guitar Center's stores in Houston, Texas (photo: Brian Reading) Moody’s has downgraded the credit rating of Guitar Center, and the Westlake Village-based music retailer is continuing to struggle financ... Read More...

Surprise! Ticketmaster Isn’t Technically Offering Refunds on All Postponed Shows

Dylan Smith

April 24, 2020

On Monday, in response to ample fan criticism over its COVID-19 refund policies, Ticketmaster announced that it would start offering refunds to ticketholders whose events have been postponed, as opposed to so... Read More...

Latest Industry Gigs: Paradigm, Songtradr, Twitch, SGAE, Atlantic, More…

Dylan Smith

April 24, 2020

Here’s a recap of recent executive shuffles — including both hirings and in-house promotions — from across the music industry. If you have a job listing to share, we’re all ears. Send us a note to [email protected]... Read More...

Juice WRLD’s Mother Releases New Single, “Righteous”

Dylan Smith

April 24, 2020

Earlier this week, the mother of late rapper Juice WRLD founded the Live Free 999 fund, which will support young individuals suffering from anxiety, depression, and addiction. Now, Juice’s estate has released... Read More...

UMG to Prince Estate: Give Us Back Our $31 Million

Prince ‘Grammy Salute’ Is Getting Replayed This Weekend

Dylan Smith

April 24, 2020

The Recording Academy’s tribute to Prince earned stellar ratings when it debuted this past Tuesday. And as a result, the program, entitled Let’s Go Crazy: The Grammy Salute to Prince, will re-air on CBS this ... Read More...

Beyoncé Donates $6 Million Towards Mental Health Causes During COVID-19 Lockdowns

Dylan Smith

April 24, 2020

Beyoncé and her BeyGOOD charitable foundation have pledged $6 million to the fight against the novel coronavirus. The 38-year-old announced the sizable contribution in a press release, which was shared with ... Read More...

Spotify Says Taylor Swift Is 'Increasing Piracy' and 'Setting the Industry Back'

Taylor Swift Surprised to Find Out She’s Released a New Album

Dylan Smith

April 23, 2020

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Taylor Swift and her dedicated "Swifties" fanbase are up in arms over a new live-performance album that Swift's former record label, Big Machine Records, has released. Having been informed of Big Machine’s p... Read More...

Endeavor Cuts, Furloughs, or Slashes Pay for One-Third Of All Employees

Dylan Smith

April 23, 2020

Endeavor is cutting, furloughing, or slashing the pay of one-third of its approximately 7,500 employees in response to economic strains stemming from the coronavirus (COVID-19) crisis. Some Endeavor workers ... Read More...

Hipgnosis Acquires Ari Levine's Catalog as One Media iP Acquires Cole Taylor's Catalog

Hipgnosis Acquires 70% of Mark Ronson’s Song Catalog

Dylan Smith

April 23, 2020

Song-investment fund Hipgnosis, evidently unfazed by the economic strains of the coronavirus (COVID-19) crisis, has acquired 70 percent of Mark Ronson’s song catalog. The acquisition is the latest in a serie... Read More...

SiriusXM CEO James Meyer Was Paid $18.8 Million In 2019

Dylan Smith

April 23, 2020

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SiriusXM CEO James Meyer pulled down a healthy $18.8 million in 2019; other SiriusXM executives also took home multimillion-dollar salaries with massive bonuses. The earnings information was revealed in an S... Read More...

Amoeba Music Raises $160,000 In 2 Days — And Counting

Dylan Smith

April 23, 2020

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Music fans and loyal customers have contributed over $160,000 and counting to the GoFundMe campaign started by Amoeba Music earlier this week. This impressive early showing of financial support has resulted ... Read More...

Streaming Service Akazoo Battles Accusations of Fraud as Stock Craters

Dylan Smith

April 23, 2020

photo: Jamie Street Music streaming service Akazoo is battling serious accusations of fraud, and its stock value is falling as a result. New York’s Quintessential Capital Management disclosed the possible fr... Read More...

Author Dylan Smith