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Music Stocks Continue Their Losing Streak in Final Week of 2024

In a week with little news and few regulatory filings, music stocks finished the last full week of 2024 by dropping for the third consecutive week. The 20-company Billboard Global Music Index (BGMI) fell 0.6% to 2,155.51, lowering its year-to-date gain to 40.5%. The index has fallen 5.5% over three weeks after rising 14.6% over […]

Donald Trump Asks Supreme Court to Delay TikTok Ban

President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down […]

Producer Richard Perry’s 20 Biggest Billboard Hits

We lost one of the greats this week, when producer Richard Perry died at age 82. Like such contemporary producers as Jack Antonoff, Finneas, Daniel Nigro and Greg Kurstin, Perry was almost as famous as the artists he worked with (at least among pop music obsessives). Perry never won a Grammy in competition, but he […]

SALXCO Names New CEO & Co-Presidents

SALXCO, the artist management company founded by Wassim “Sal” Slaiby that’s home to The Weeknd, Metro Boomin and more, has named a new CEO and new co-presidents, the company announced on Friday (Dec. 27). Stepping into the CEO role is Lindsay Unwin, a longtime employee of the company, while the new co-presidents are Manny Dion […]

Jay-Z Rape Accuser Can Remain Anonymous for Now, Judge Rules

The woman who accused Jay-Z and Sean “Diddy” Combs of drugging and raping her when she was 13 years old can remain anonymous for now, a judge ruled Thursday (Dec. 26), citing the “highly sensitive” nature of her accusations. According to court documents obtained by Billboard, Judge Annalisa Torres wrote that “the weight of the […]

Producer Jay David Saks Dies at 79

Record producer Jay David Saks, who died last month, left behind a rich and unique legacy, one that spanned the worlds of classical music and Broadway cast albums. But it all began a member of a “one-hit-wonder” group which had a top 40 hit on the Billboard Hot 100. Related Richard Perry, Top Record Producer, […]