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Reservoir Media Revenue Up 23%, Adds $142M for Acquisitions

Reservoir Media — music’s newest publicly traded company — improved its quarterly revenues by 23% to $12.3 million in the period spanning April 1 to July 1, the company announced in its second quarter earnings report Tuesday (Aug. 17). This was Reservoir’s first earnings report since going public on July 28. Catalog acquisitions — $112.3 […]

Here’s What Grammy Voters Thought of the 28 Longest-Running Hot 100 Hits

As previously reported, The Weeknd’s “Blinding Lights” logs its 88th week on the Billboard Hot 100. This enables the sleek, propulsive smash to surpass Imagine Dragons’ “Radioactive” as the single with the most weeks on the Hot 100 since the chart was introduced a little more than 63 years ago. You doubtless remember that “Blinding […]

50 Cent’s Branson Cognac Sued by Remy Martin Over Bottle Design

50 Cent is in hot water after famous French distiller Remy Martin sued the G-Unit rapper last week. Filed in a Manhattan federal court on Friday (Aug. 13), the lawsuit alleges that 50’s Branson cognac brand infringes on Remy’s trademark and patented “jewel-shaped glass cognac bottle design.” According to Reuters, the complaint made against Branson […]

Tencent Music Reports Strong Quarter Before Regulator Crackdown

While Chinese regulators were placing strict control upon the country’s tech sector this spring, its local music streaming giant Tencent Music Entertainment improved revenue and subscriber numbers substantially. In the period from April 1 to June 30, the parent company to steaming services QQ, Kuguo and Kuwo saw music revenues climb 32.8% to 1.79 billion […]

Bob Dylan Sued for Alleged Sexual Abuse of 12-Year-Old Girl in 1965

An unnamed woman has accused Bob Dylan of sexually abusing her in 1965 when she was just 12 years old, according to a lawsuit filed in New York State Supreme Court on Friday (Aug. 13). Identified only by the initials “J.C.,” the woman alleges that over a six-week period in April and May 1965, Dylan […]