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Music Stocks Dragged Down Amid Dreary Week for Global Markets

In a miserable week for stock markets worldwide, Spotify continued to fall from its all-time high, K-pop stocks sank and one of the smallest companies on the Billboard Global Music Index posted a double-digit gain. LiveOne was the week’s biggest gainer as the music streaming company’s shares rose 19.6% to $1.22 after it announced on […]

WIN, A2IM, Secretly Group & More Call on Regulators to Block Virgin Music’s Downtown Acquisition

Several more players in the independent music community have called on regulators to block the acquisition of Downtown Music Holdings by Universal Music Group (UMG) announced this week, arguing the deal “would seriously distort the global music market” and “reduce competition and the independents’ bargaining power.” Virgin Music Group, which is owned by UMG, announced […]

Wham!’s Andrew Ridgeley on ‘Last Christmas’ Hitting New Hot 100 Peak: George Michael ‘Would Have Been Utterly Delighted’

Wham!’s 40-year-old hit “Last Christmas” continues to find new fans, and new chart accolades, as the evergreen tune reached a new peak recently on the Billboard Hot 100 chart, rising to No. 3 on the Dec. 14-dated tally. Related Wham’s ‘Last Christmas’ Hits New Hot 100 High: ‘It’s Become Woven Into the Very Fabric of […]