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Live Nation CEO Michael Rapino is set to collect $10.5 million in stock as part of his annual performance bonus after hitting certain financial goals, defined by the company’s Compensation Committee, according to a filing with the Securities and Exchange Commission on Friday (March 4). Rapino also receives a $3 million annual salary, but is […]
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. Six years into the global music industry’s recovery, the largest labels and publishers are growing by leaps and bounds. The three major music groups — Universal Music Group, Sony […]
A consultant is suing Endeavor claiming he gave the company the blueprint to salvage its debut on the public market, which led to a successful $10.3 billion IPO, but he wasn’t compensated or given credit. David Carde began his complaint, which was filed Thursday in L.A. County Superior Court, by comparing this alleged theft to […]
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. Captain Jean Luke Picard is back! And he’s meeting up with a couple of familiar faces from the Star Trek franchise. […]
Attorneys for the Prince estate sent a letter warning longtime collaborator Morris Day that he could not use the name of his band The Time “in any form,” according to documents obtained by Billboard — sparking a sharp response on Thursday (March 3) in which Day accused the estate of trying to “rewrite history.” Day, […]
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. Karol G took the stage at the 2022 Billboard Women in Music event on Wednesday night, where she performed a soft-yet-powerful […]
A 30-year-old man pleaded guilty Thursday (March 3) to the murder of philanthropist Jacqueline Avant, the wife of legendary music executive Clarence Avant. Aariel Maynor pleaded guilty in the fatal shooting of Avant and the attempted murder of her security guard at her Beverly Hills home in December, Los Angeles County prosecutors said. Maynor also […]
Netflix has appointed Marian Lee as its chief marketing officer, the company confirmed to Billboard. Lee replaces former CMO Bozoma Saint John, who has departed the company. The news was first reported by Variety. Lee, the former co-head of music at Spotify, joined Netflix as its vp, U.S. and Canada last July. “Netflix is an […]
On Valentine’s Day, Palmetto Middle School principal Jesus Gonzalez invited parent Stephanie Armas to discuss issues her child was having with students at school. Eighth grade social studies teacher Mayade … Click to Continue »
He started calling her “princess.” He commented on her clothes, asking if she had dressed “so nicely for him.” He wouldn’t have lunch without her, wouldn’t leave the office until … Click to Continue »
