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Madison Square Garden Entertainment Confirms Live Division Spinoff Plans, Targets March Completion

February 10, 2023

Madison Square Garden Entertainment (MSG Entertainment) has officially confirmed plans to spin off its live division by March’s end. MSG Entertainment (NYSE: MSGE) doubled down on the spinoff timetable in i... Read More...

Activist Investor ValueAct Capital Takes Strong Position in Spotify Following Programming Cuts, Layoffs

Dylan Smith

February 10, 2023

Photo Credit: Thibault Penin ValueAct Capital Management has officially invested in Spotify (NYSE: SPOT) as the Stockholm-based company looks to rein in costs and achieve profitability. 23-year-old ValueAct ... Read More...

Spotify Stock (SPOT) Remains Above $120 Amid Bullish Analyst Expectations

Ashley King

February 7, 2023

Bullish analyst sentiments are helping to keep the Spotify (SPOT) stock price above $120. Analysts at Wells Fargo and Atlantic Equities have lifted SPOT to 'Overweight.' Wells Fargo analysts raised their pri... Read More...

JKBX Says It ‘Has Over $1.7 Billion in Music Rights Exclusively Secured,’ With $4 Billion Expected by 2023’s End

Dylan Smith

February 6, 2023

Photo Credit: Hunters Race JKBX (pronounced “jukebox”) has announced a partnership with market maker GTS Securities and revealed that it “currently has over $1.7 billion in music rights exclusively secured” –... Read More...

Spotify Stock (NYSE: SPOT) Has Surged by 22% This Week Despite Huge Q4 Loss

Dylan Smith

February 2, 2023

Although Spotify reported a €231 million Q4 2022 operating loss earlier this week, its shares have rebounded by north of 20 percent since the performance analysis released. During today’s trading hours, the... Read More...

Spotify Stock Rebounds Past $100 Per Share Following Layoffs Announcement

Dylan Smith

January 24, 2023

The per-share price of Spotify stock (NYSE: SPOT) has rebounded past $100 for the first time since September, after the Stockholm-based company announced plans to trim its workforce by about six percent. Wh... Read More...

The Music Industry Layoff Tracker — A List of the Companies Impacted So Far

Ashley King

January 23, 2023

Photo Credit: James Yarema As the economy slows and consumers ease spending, the music industry has seen a massive reversal in the tech sector hiring spree that surged during the pandemic. Here's what to know... Read More...

Events.com secures capital commitment from global emerging markets

Events.com Secures $100M Capital Commitment From Global Emerging Markets

Ashley King

January 8, 2023

Photo Credit: Mackenzie Marco Events.com secures a $100 million capital commitment from Global Emerging Markets. Events.com has announced that it has secured a capital commitment of $100 million in the form ... Read More...

Activist Investor and Former Atlantic Exec Fails to Gain Warner Music Board Seat — But Presses Forward With Sexual Misconduct Suit

Dylan Smith

January 4, 2023

Warner Music Group (NASDAQ: WMG) activist investor Dorothy Carvello has failed to secure a seat on WMG's board, but is pressing forward with a sexual misconduct lawsuit. Outlets including the Financial Time... Read More...

Hipgnosis Stock Has Fallen By About 32% During 2022 — What Does 2023 Have In Store?

Dylan Smith

December 30, 2022

Photo Credit: Hipgnosis Songs Fund Hipgnosis stock (SONG on the London Stock Exchange) has suffered an approximately 32 percent valuation falloff since 2022’s beginning. But the high-profile entity’s market c... Read More...

Spotify Stock (NYSE: SPOT) Dropped By Almost 70% In 2022 — Will Things Turn Around During 2023?

Dylan Smith

December 28, 2022

Spotify stock (NYSE: SPOT) has suffered an almost 69 percent valuation dip since 2022's beginning, raising questions about shares’ path forward in the new year. When the market closed today, Spotif... Read More...

LiveOne Says It ‘Remains Committed’ to PodcastOne Spin-Out, Discloses Plans to Explore SlackerOne Separation

Dylan Smith

December 27, 2022

Photo Credit: LiveOne LiveOne (NASDAQ: LVO) has officially confirmed that it “remains committed” to spinning off its PodcastOne subsidiary “as a separate public company to be listed on a national exchange.” ... Read More...

SM Entertainment Stock Plummets As Hybe Calls Off Takeover Plans: ‘The Market Has Been Showing Signs of Overheating’

Deezer Trims Losses in 2022, Projects ‘Positive Adjusted EBITDA’ in 2025

Alliance Entertainment SPAC Deal Falls Flat After Post-Merger Company Draws Little Shareholder Participation

Alliance Entertainment Completes SPAC Merger, Sets Sights on ‘Acquiring and Integrating Competitors’

Vanguard Ups Warner Music Stake to 10.4 Million Shares As Robert Kyncl Takes Over — 7.6% of the Company

Madison Square Garden Entertainment Confirms Live Division Spinoff Plans, Targets March Completion

Activist Investor ValueAct Capital Takes Strong Position in Spotify Following Programming Cuts, Layoffs

Spotify Stock (SPOT) Remains Above $120 Amid Bullish Analyst Expectations

JKBX Says It ‘Has Over $1.7 Billion in Music Rights Exclusively Secured,’ With $4 Billion Expected by 2023’s End

Spotify Stock (NYSE: SPOT) Has Surged by 22% This Week Despite Huge Q4 Loss

Spotify Stock Rebounds Past $100 Per Share Following Layoffs Announcement

The Music Industry Layoff Tracker — A List of the Companies Impacted So Far

Events.com Secures $100M Capital Commitment From Global Emerging Markets

Activist Investor and Former Atlantic Exec Fails to Gain Warner Music Board Seat — But Presses Forward With Sexual Misconduct Suit

Hipgnosis Stock Has Fallen By About 32% During 2022 — What Does 2023 Have In Store?

Spotify Stock (NYSE: SPOT) Dropped By Almost 70% In 2022 — Will Things Turn Around During 2023?

LiveOne Says It ‘Remains Committed’ to PodcastOne Spin-Out, Discloses Plans to Explore SlackerOne Separation