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Endeavor Abruptly Pulls Its Wall Street IPO at the 11th Hour

September 27, 2019

Endeavor got cold feet amidst a string of soggy IPOs. Late Thursday, Endeavor abruptly withdrew its planned IPO, which was scheduled to launch Friday morning (September 27th) on the New York Stock Exchange. ... Read More...

Endeavor Aims to Raise $700MM+ In Its Upcoming IPO

Marsha Silva

September 16, 2019

Earlier today, Endeavor Group Holdings, which controls one of Hollywood's biggest talent agencies, announced the price of its initial public offering (IPO). Updated: Endeavor has clarified that On Location E... Read More...

Tencent Music Entertainment Q2 Earnings Disappoint Wall Street

Paul Resnikoff

August 13, 2019

Why is Wall Street so unhappy with Tencent Music Entertainment? Despite the fact that revenues surpassed estimates — having come in at 10 cents per share, more than the nine cents per share that experts expe... Read More...

Live Nation Shows Off Healthy Q2 2019 Earnings — And Says Smaller Artist Tours Are Booming

Marsha Silva

July 26, 2019

Live Nation has posted encouraging Q2 2019 profits — and Wall Street is taking notice. Having secured earnings equal to $.41 per share during the second quarter of 2019, Live Nation was able to top the $.39 ... Read More...

7digital’s CEO and CFO Exit as Dire Financial Situation Continues

Ashley King

July 18, 2019

7digital CEO John Aalbers has stepped down as director and CEO of 7digital. He joined the B2B digital music platform less than four months ago. CFO Julia Hubbard is also departing the company, effective imme... Read More...

A Federal Judge Has Approved iHeartMedia's Bankruptcy Reorganization Plan

iHeartMedia Withdraws Its Estimated $1.5 Billion Public Offering

Marsha Silva

June 29, 2019

iHeartMedia has withdrawn its IPO in favor of a NASDAQ listing. Instead of the expected IPO, iHeartMedia has received approval from NASDAQ to be listed and traded on the stock exchange. The Class A stock is ... Read More...

iKON's Label Wasn't Doing Its Job. So the Band's Fans Refused to Buy Any Products Until They Did

YG Entertainment’s Stock Falls Following iKON’s Drug-Fueled Scandal

Ashley King

June 12, 2019

Shares of YG Entertainment slipped on news that K-Pop star Kim Hanbin — founder of iKON — is leaving after a drug scandal. The 22-year-old star made the announcement today after reports surfaced that the sin... Read More...

BTS Agency Big Hit Entertainment Valued at More than $1 Billion

Marsha Silva

June 7, 2019

Not only is K-pop band BTS hitting it big, but so is the agency that represents them. Just recently, Big Hit Entertainment was valued at more than $1 billion — on the low end. The Hyundai Research Institu... Read More...

Eventbrite President Andrew Dreskin Is Out — and Dumping Millions In Company Stock

Ashley King

May 29, 2019

Andrew Dreskin, pictured at his pre-Eventbrite home, Ticketfly. Recent SEC filings reveal that exiting Eventbrite president Andrew Dreskin is dumping more than $2 million in Eventbrite stock. Eventbrite anno... Read More...

William Morris Endeavor Is Filing Paperwork to Go Public

Ashley King

May 24, 2019

William Morris Endeavor has signaled its intention to go public in a recent IPO filing, revealing details about the company's financial position. Talent agency WME generated over $3.61 billion in revenue in ... Read More...

Zacks Investment Research Lowers Its Sirius XM (SIRI) Rating to SELL

Ashley King

February 25, 2019

photo: Pandora/Sirius XM Sirius XM (SIRI) has been posting healthy subscriber increases since 2010. But slowed growth projections have caused Zacks Investment Research to re-assess the stock for 2019, droppi... Read More...

Tencent Music Entertainment's Rising Stock Briefly Makes Co-Presidents Billionaires

Tencent Music’s Rising Stock Briefly Makes Its Co-Presidents Billionaires

Daniel Sanchez

January 28, 2019

For a brief moment, Tencent Music Entertainment’s shares minted some brand-new billionaires. Following Tencent Music’s IPO, the Chinese streaming music giant’s stock has remained relatively volatile. Desp... Read More...

Warner Music Group (WMG) Stock Is Having a Lackluster 2023. But Maybe It’s Time to Buy?

Wells Fargo Initiates Coverage on Warner Music and Universal Music — With Dramatically Different Assessments for Each Label

Hipgnosis Suspends Dividends Until At Least April of 2024, Adds Former Round Hill Songs Fund Chairman, Director to Board

TikTok Funder Sequoia Faces Fresh Congressional Scrutiny Over Chinese Investments

Hipgnosis Shareholders Vote Against $440 Million Catalogs Sale and the Fund’s Continuation — Multiple Board Members Depart

Endeavor Abruptly Pulls Its Wall Street IPO at the 11th Hour

Endeavor Aims to Raise $700MM+ In Its Upcoming IPO

Tencent Music Entertainment Q2 Earnings Disappoint Wall Street

Live Nation Shows Off Healthy Q2 2019 Earnings — And Says Smaller Artist Tours Are Booming

7digital’s CEO and CFO Exit as Dire Financial Situation Continues

iHeartMedia Withdraws Its Estimated $1.5 Billion Public Offering

YG Entertainment’s Stock Falls Following iKON’s Drug-Fueled Scandal

BTS Agency Big Hit Entertainment Valued at More than $1 Billion

Eventbrite President Andrew Dreskin Is Out — and Dumping Millions In Company Stock

William Morris Endeavor Is Filing Paperwork to Go Public

Zacks Investment Research Lowers Its Sirius XM (SIRI) Rating to SELL

Tencent Music’s Rising Stock Briefly Makes Its Co-Presidents Billionaires