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The Ledger: Should Music Streamers Follow Netflix’s Lead on Account Sharing?

The Ledger is a weekly newsletter about the economics of the music business sent to Billboard Pro subscribers. An abbreviated version of the newsletter is published online. The music business should watch what Netflix is doing in select Latin American countries to bring in more revenue as painlessly as possible. In the next few weeks, […]

Paul Simon Shopping Simon & Garfunkel Recorded Royalties

A year after Paul Simon sold his song catalog to Sony Music Publishing, the legendary artist is now shopping his master recording royalties from his Simon & Garfunkel recorded works, multiple sources tell Billboard. The master royalties include the five Simon & Garfunkel studio albums that the duo recorded for Columbia/Sony starting in 1964, including […]

MSG Names Lucas Watson President of Sphere Venues

Business brand veteran Lucas Watson has been tapped to lead Madison Square Garden Entertainment Sphere venues. Watson will officially join the company on March 28 as president, MSG Sphere. The first MSG Sphere venue – MSG Sphere at The Venetian in Las Vegas – is currently under construction and is scheduled to open in the […]

OVG360 Names Gregory A. O’Dell President, Venue Management

Venue management and hospitality company OVG360 named Gregory A. O’Dell president, venue management. OVG360 – a division of global sports and entertainment company Oak View Group – will welcome O’Dell to his new role in April after he departs his position at the helm of Events DC, the official convention and sports authority for the […]

Nat King Cole Recordings Sold to Universal Music Group

Universal Music Group quietly acquired about 200 recordings by Nat King Cole from the iconic singer’s estate in January 2021, the company revealed Thursday (March 17), bringing all of his recordings under UMG ownership. The songs, recorded between 1961 and 1964, were previously licensed to Capitol Records — now owned by UMG — under a deal […]

Want Showtime? This Special Promo Gets You 30 Days Free for a Limited Time Only

All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes. Everyone likes to save money. As big-league streamers like Netflix continue with price hikes, those monthly subscriptions that were supposed to […]