Adidas has started moving the last of its Yeezy inventory. Photo Credit: Kyle Brinker Adidas has officially kicked off the sale of an estimated $1.3 billion in remaining Yeezy inventory – with a portion of […]
Middlesbrough singer-songwriter the latest artist to be celebrated for achieving over one 1bn UK streams. The BPI – the representative voice for the UK’s world leading record labels and music companies – is delighted to […]
Photo Credit: Carl Lender / CC by 3.0 Universal Music Group (UMG) is reportedly in advanced talks to acquire Queen’s catalog for north of $1 billion. The potential song-rights sale (as well as its […]
Following a lengthy investigation, Ireland’s Data Protection Commission has announced a $1.3 billion Meta EU fine over allegedly unlawful data transfers. Photo Credit: Dima Solomin Ireland’s Data Protection Commission (DPC) has officially slapped Facebook and […]
Photo Credit: Damian Barczak Adidas has resumed selling its unsold Yeezy shoes stock, with plans to dump the rest throughout May 2023. The Germany sportswear company says it will sell the collection exclusively through the […]
Photo Credit: Joe Mabel / CC by 3.0 SoundExchange says it’s distributed north of $10 billion since debuting as a standalone organization in 2003. The Washington, D.C.-based entity, which collects royalties from non-interactive digital music […]
Dan Snyder just officially sold the NFL’s Washington Commanders for $6 billion. The buyer is billionaire Josh Harris and it is the biggest team sale in the history of pro sports. Here’s a list of […]
Photo Credit: theMEGASTUDY / CC by 3.0 NewJeans has broken a Guinness World Record to become the fastest Kpop act to reach one billion streams on Spotify. Guinness World Records confirmed the record on March […]
Photo Credit: Kevin Burg / CC by 2.0 The Beatles achieve another milestone as ‘Here Comes the Sun’ has become the first Beatles song to hit 1 billion Spotify streams. “Here Comes the Sun,” a […]
The MSG Sphere was already slated to be the most expensive entertainment venue constructed in Las Vegas, and the price tag is only going up. According to Billboard, the concert venue is now estimated to cost […]
Photo Credit: Connor Houtman Adidas will sell through its $1.3 billion dollar stock of unsold Yeezy shoes after all. Here’s the latest. Adidas’ new CEO Bjørn Gulden says the company will sell through its stock […]
Photo Credit: Las Vegas Sphere Website Madison Square Garden is focusing huge amounts of advertising, marketing, and promotional efforts on its Las Vegas MSG Sphere project. That’s because it’s the costliest venue to build in […]
Photo Credit: Alex Haney Going on six months after its acrimonious split with rapper Kanye West, Adidas is still sitting on a mountain of Yeezy merch. A $1.3 billion mountain, by some estimates. During its […]
Photo Credit: Spotify Miley Cyrus’ “Flowers” has become the fastest song to reach one billion streams in history. The song has attracted worldwide attention for its lyrics, which some fans believe gives insight into her […]
Photo Credit: Brett Jordan Apple beat analyst expectations for the first quarter, with its services segment, including Apple Music, reporting record revenue of $20.9 billion. Despite analysts expecting a problematic fiscal quarter, tech giant Apple […]
Photo Credit: Meta Will Mark Zuckerberg’s metaverse vision ever materialize? Meta’s Reality Labs burned through $3.99 billion last quarter—around $44 million a day. In total, the division has lost a staggering $30 billion. Meta’s Q1 […]
Photo Credit: Andrea Czapary Martin, CEO of PRS for Music PRS for Music reports a dramatic recovery from the pandemic, with record-breaking revenues as collections approached £1 billion in 2022. PRS for Music, the UK-based […]
Parrotheads rejoice! Jimmy Buffett, the man who famously sang about cheeseburgers in paradise and being wasted away in Margaritaville, has officially partied his way to celebrity billionaire status. That’s right, the “Margaritaville” singer’s fortunes recently […]
Daniel Snyder has owned the professional football team in Washington, D.C., for nearly a quarter-century. He purchased the then-Redskins in 1999 for $800 million, which was a record at the time. Since then, the team […]
Photo Credit: RIAA US-based Latin music revenues reached an unprecedented $1.1 billion in 2022 with a 6.9% market share, according to a new report from the RIAA. The Recording Industry Association of America (RIAA) reported […]