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Warner Music Group Posts Biggest Stock Gain in Week Led by Streaming Companies

Warner Music Group shares rose 6.6% to $31.47 this week, narrowing the stock’s year-to-date loss to 12.1%. Other gainers in the record label and music publisher space were HYBE, up 1.8% to 200,500 won ($144.95), and Universal Music Group, up 1.4% to 28.63 euros ($30.67).  Streaming companies had the best week, however. Led by LiveOne’s […]

Sam Holdsworth, Former Billboard Publisher and Co-Owner, Dead at 72

Sam Holdsworth, former editor-in-chief and publisher of Billboard, died May 18 of a heart attack. He was 72. Holdsworth, who was also co-founder of Musician magazine, was part of a consortium that bought Billboard Publications Inc. (BPI) in 1984 from the Littleford family in a move that led him to become Billboard’s publisher.  Related Mark James, Grammy-Winning Songwriter […]