Seeing is believing for some investors in Sphere Entertainment Co., the developer of the new state-of-the-art venue, The Sphere, in Las Vegas.

Shares of Sphere Entertainment soared 22.7% this week after the world saw the first videos of the dazzling display created by the 580,000 square feet of programmable LED “pucks” on Exosphere, the exterior of the 366-foot tall, spherical venue. The mesmerizing light show received heavy media coverage — from CNN, NPR, USA Today, The Guardian and Daily Mail, among many others — and was shared widely on social media. The buzz helped Sphere Entertainment’s market cap grow to $919 million — a more than $170 million increase.

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U2 launches The Sphere on Sept. 29 with a 25-date residency that runs through Dec. 16. As of Friday, the Sept. 29 show is sold out, and the only available tickets for the next two dates cost $501 apiece. The Sphere’s other programming is Postcards from Earth, an immersive experience created by filmmaker Darren Aronofsky that’s meant to showcase the venue’s technological capabilities.

Sphere Entertainment was one of eight stocks in Billboard’s Global Music Index to post gains this week. The index improved 1%, beating the S&P 500 (down 1.2%), Nasdaq composite (-0.9%), the U.K.’s FTSE 100 (down 1.5%) and South Korea’s KOSPI composite index (down 3.6%). Stocks fell on Friday (July 7) as investors feared that the Labor Department’s June jobs report — which showed wages were stronger than expected — might increase the likelihood the Federal Reserve will resume interest rate increases to cool the economy and ward off inflation.

Two radio stocks were also big winners this week. Shares of iHeartMedia and Cumulus Media increased 9.3% and 8.5%, respectively. Although both stocks are down sharply in 2023 — iHeartMedia has lost 35.1%, Cumulus is off 28.3% — both have experienced a string of successful weeks. Shares of iHeartMedia have gained 66.5% in the last six weeks. Cumulus Media shares have improved 37.8% over that span.

Warner Music Group, the index’s only other stock with a high single-digit gain this week, improved 7.4% to $28.01. That pared WMG’s year-to-date loss to 20%.

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Prince Royce notches his 23rd No. 1 on Billboard’s Tropical Airplay chart as “Me EnRD” lifts 2-1 to crown the July 8-dated ranking. The song unseats Marshmello and Manuel Turizo’s “El Merengue” from the lead, after its 13-week domination (it falls to No. 2).

“Me EnRD” lands at No. 1 in its 10th week after a steady climb, including five weeks at No. 2. It crowns the survey with a 4% increase in audience impressions, to 8 million, earned in the U.S. during the June 23-29 tracking week, according to Luminate.

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“Me EnRD” is just the second Tropical Airplay-ruling song by an artist unaccompanied by any other act in 2023, after Manuel Turizo’s “La Bachata,” which led for five weeks (a total of 14 weeks in charge). With the 2-1 move, “EnRD” gifts Royce his 23rd champ, after Marc Anthony, who continues at the helm with 35 total No. 1s, and Victor Manuelle with 29.

Here’s the scoreboard with artists with the most No. 1s on Tropical Airplay since the chart begun in 1994:

35, Marc Anthony
29, Victor Manuelle
23, Prince Royce
18, Romeo Santos
14, Elvis Crespo
14, Gilberto Santa Rosa
13, Jerry Rivera

Beyond its Tropical Airplay coronation, “EnRD” makes progress on the overall Latin Airplay chart, with an 8-6 jump.

La Maquinaria Norteña hits top 10: Elsewhere on Latin Airplay, La Maquinaria Norteña captures its third top 10 as “Te Quiero Ver” climbs 16-9 with 7 million in audience impressions; that’s a 30% gain from the week prior, earned during the same period. It’s the biggest percentage gain among the 50-song deep tally.

As mentioned, “Te Quiero” is the norteño group’s third top 10 on Latin Airplay, all which arrived less than a year ago. The song follows La Maquinaria’s highest-charting title to date, the No. 4-peaking “Eres Ese Algo” (Feb. 25).

Further, “Quiero” nearly misses the No. 1 slot on Regional Mexican Airplay, as the song pushes 5-2.

The all-star team of LIT Killah, Tiago Pzk, Maria Becerra, Duki, Emilia, Rusherking, Big One and FMK add a fourth week atop the Billboard Argentina Hot 100 chart as “Los Del Espacio” dominates the July 1-dated ranking.

The song ties with Bizarrap and Shakira’s “Bzrp Music Sessions, Vol. 53” for the fourth-most weeks at No. 1 in 2023, after Emilia, Big One and Callejero Fino’s “En La Intimidad,” which continues to lead with seven weeks in charge, and Ke Personajes, Big One and FMK’s “Un Finde: Big One CROSSOVER #2” which ruled for five weeks.

Continuing with Becerra, the Argentinian collects her 23rd top 10 as “Corazón Vacío” bows at No. 2, the Hot Shot Debut of the week. Thus, she extends her record for the most top 10s among acts since the chart launched in 2018.

Meanwhile, Bizarrap and Rauw Alejandro’s “Rauw Alejandro: Bzrp Music Sessions, Vol. 56” takes home the Greatest Gainer honors of the week as the collab rallies 54-12, a 42-ranking ascent.

Duki crosses off a career milestone as 11 songs from his latest Antes de Ameri album debut. In total, he places a total of 15 simultaneous tracks on the chart, the second-most after Bad Bunny ranked with 17 concurrent songs in May 2022.

Here’s the complete list of Duki’s songs on the chart:

No. 1, “Los Del Espacio,” with LIT Killah, Tiago Pzk, Maria Becerra, Emilia, Rusherking, Big One & FMK
No. 16, “Rockstar 2.0,” with Jhay Cortez (debut)
No. 18, “Antes de Perderte (OG Version)” (debut)
No. 33, “Don’t Lie”, with Quevedo (debut)
No. 40, “Uno Dos”, with Salastkbron (debut)
No. 43, “01 De Enero”, with Lucho SSJ (debut)
No. 44, “Jefes del Sudoeste” (debut)
No. 50, “Harakiri,” with C.R.O.
No. 51, “Contra Mí,”, with We$t Dubai (debut)
No. 59, “Gigi” (debut)
No. 66, “Csipher,” with Akapellah & Neutro Shorty, featuring Micro TDH (debut)
No. 71, “N.C.L.C” (debut)
No. 74, “Último Tren a Ameri” (debut)

Other debuts of the week include Rauw Alejandro and Bizarrap’s “Baby Hello” at No. 47, Marshmello and Tiago PZK’s “Como Yo :(” at No. 55, Maluma’s “Coco Loco” at No. 62, and Myke Towers’ “Lala” at No. 68, while YSY A and Sixto Yegros’s “Esta Que Quema,” featuring Sponsor Dios, starts at No. 88.

After Britney Spears filed a police report claiming she was hit by a security guard for NBA rookie Victor Wembanyama on Wednesday night in Las Vegas, her husband Sam Asghari has shared his thoughts on social media.

TMZ broke the news Thursday (July 6), reporting that Spears and Asghari were having dinner at the Aria Hotel when she saw the San Antonio Spurs’ No. 1 draft pick and wanted to take a photo with him. When Spears tapped Wembanyama on the shoulder, Damian Smith, director of team security for the Spurs, reportedly pushed her, hitting her in the face and causing her to fall to the ground, Spears’ report claims.

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“I am opposed to violence in any form, especially without justification in the defense of yourself or someone else who is unable to defend themselves,” Asghari wrote via Instagram Story on Thursday. “Self-defense can be unavoidable, but the defense of any woman, especially my wife, is not debatable. I consider my reaction subdued considering what occurred, and I hope the man in question learns a lesson and changes his disregard for women.”

Asghari ended the note with a message for Spears’ fans: “Thank you for the support.”

The Las Vegas Metropolitan Police Department told Billboard when asked about the incident, “On July 5, 2023, at approximately 11 p.m., LVMPD officers responded to a property in the 3700 block of Las Vegas Boulevard regarding a battery investigation. The incident has been documented on a police report and no arrest or citations have been issued.”

Spears herself spoke out on Thursday as well, addressing Wembanyama’s claims after the fact that the pop star “grabbed me from behind” and “security pushed her away.”

“Traumatic experiences are not new to me and I have had my fair share of them,” Spears wrote on Instagram. “I was not prepared for what happened to me last night. I recognized an athlete in my hotel lobby as I was heading to dinner. I later went to a restaurant at a different hotel and saw him again. I decided to approach him and congratulate him on his success. It was really loud, so I tapped him on the shoulder to get his attention. I am aware of the players statement where he mentions ‘I grabbed him from behind’ but I simply tapped him on the shoulder. His security then back handed me in the face without looking back, in front of a crowd. Nearly knocking me down and causing my glasses [to fall] off my face.”

Billboard reached out to Spears’ camp and to the Spurs organization on Thursday and has not heard back as of press time.

Madison Beer reacts to Lana Del Rey giving her a shout-out on the red carpet of Billboard’s 2023 Women In Music, reflects about growing up in the music industry in her new memoir, talks about her upcoming new album ‘Silence Between Songs’ and more.

Madison Beer
It’s like what kills you make you stronger? Like I didn’t need to be stronger. I needed to be a kid. Hey guys, it’s Madison Beer and you are watching Billboard News.

Rania Aniftos
Hey everybody, it’s Rania Aniftos with Billboard News, and I’m here with the wonderful singer, songwriter, author Madison Beer.

Rania Aniftos
You have an exciting year, you just announced your album ‘Silence Between Songs.’ And I would love to know the inspiration behind the song title because it seems metaphorical.

Madison Beer
Yeah, definitely is. I think that to summarize it sort of simply, I kind of have always been a person, you know, I got sort of really, really young doing this. And I feel like I’ve had a very busy 12 years or so in this industry. And I kind of convinced myself that, you know, the moments where I was making music, and I was on tour. And I was, you know, my busiest was actually when I was growing. But as I’ve gotten a little older, I’ve realized that it’s actually been the moments that I’ve been able to tune out the noise and I’ve been able to be alone and really reflect and like, you know, be more isolated that I’ve actually grown the most. So. So yeah, it’s been sort of the silence between songs, when the noises turned out that I feel like I’ve learned to I am the most.

Watch the full interview above!

Drake is firing back at Childish Gambino — albeit subtly.

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During the rapper’s It’s All a Blur tour kickoff with 21 Savage at Chicago’s United Center on Wednesday night (July 5), a series of headlines scrolled across the stage screens as Drizzy fittingly performed “Headlines.”

Among one of the news lines captured by a fan on TikTok read: “The overrated and over awarded hit song ‘This Is America’ was originally a Drake diss record.”

The blow at Donald Glover’s 2018 Childish Gambino hit actually has some truth to it. The headline seemingly came in response to an interview Glover had with GQ back in April, where the artist revealed that “This Is America” started out as a joke and, yes, a Drake diss track.

“I had the idea three years before,” he says in a video interview with GQ. “I told [director] Hiro [Murai] the idea, and he’s like, ‘I really want to do that.’ The idea for the song started as a joke. To be completely honest, ‘This is America’ — that was all we had was that line. It started as a Drake diss, to be honest, as like a funny way of doing it. But then I was like, this shit sounds kind of hard though. So I was like, let me play with it.”

Watch the TikTok featuring Drake’s “Headlines” performance below.

@raptalksk_

Drake called This Is America “overrated and overawarded” after Childish Gambino said it was originally a Drake diss. This was at the first show of his tour in Chicago #drake #donaldglover #rapbeef #hiphop #raptok

♬ original sound – raptalksk