Former Warner Music Group executive and the Orchard co-founder Scott Cohen said on Tuesday (Nov. 1) he is taking a new job as chief executive officer of a fintech platform aimed at selling fractional shares in song catalogs.

Cohen, who stepped down from his role as chief innovation officer at WMG in September, said the aim of the new venture is to “fractionalize ownership of music royalties.”

Fractional shares are a familiar concept in finance, and brokerages like Robinhood and Fidelity Investments sell them as a way to buy a slice of a share for less than the price of the whole stock. The market for buying and investing in music publishing rights has traditionally been open to only the world’s largest music companies and, more recently, money managers.

Introducing fractional shares could change that by making it possible for more smaller investors to participate alongside the deep-pocketed private equity funds and major labels.

In an email to Billboard, Cohen said has already secured rights from major artists and catalogs, and his team is now working to build the platform’s technology.

“We have a very aggressive timeline,” said Cohen, declining to provide a specific date when the venture would launch to outside investors.

Prior to joining WMG in 2019, Cohen founded the Orchard with Richard Gottehrer in 1997 and built it into the largest independent distributor on iTunes when the download platform launched in 2003. Cohen and Gottehrer sold the Orchard to Dimensional Associates, the private equity arm of JDS Capital Management, the same year, and subsequently expanded into video, music licensing, marketing & analytics, royalty collections, sports media, neighboring rights and more.

In 2015, Sony Music Entertainment bought out Dimensional Associates for $200 million, and in 2017 merged it with RED into a single global distribution entity operating under the Orchard brand.

While Cohen’s new venture has not yet settled on a name, he described its aspirations and potential as “transformational” for the music industry.

“I am only interested in doing things at scale,” Cohen wrote.

As the world and the Korean entertainment industry react to the crowd-crush tragedy in Seoul’s Itaewon neighborhood in South Korea, AleXa took a moment of her tour to remember those lost.

At her concert Sunday at Los Angeles’ Avalon Hollywood, the final date in AleXa’s First Meet & Live Tour in U.S. tour, the star asked for a minute of silence to pay respect to the victims.

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“As you guys probably know, like millions of others around the world, I’m saddened and quite devastated to hear what happened in Itaewon recently in Korea,” the 25-year-old told the audience. “Many bright, young stars, many young lives were lost in this tragedy that will forever go down in history as one of the worst things to happen in modern times in Korea. It’s forever going to change the lives of people they knew, friends, family, and loved ones. I kindly ask that we altogether observe a minute of silence here together out of respect for all the victims and all the lives lost in the tragedy.”

The stage then went dark, minus a video screen with the phrase “Pray for Itaewon” glowing throughout the moment.

AleXa’s Korean record label ZB Label also announced on Sunday that they would temporarily postpone the planned promotional schedule for the singer’s forthcoming Girls Gone Vogue EP. Earlier this month, Billboard revealed that the new EP, along with the new single “Back in Vogue,” would be released on Nov. 10 as the first new music since the Oklahoma-raised star won the inaugural season of NBC’s American Song Contest. There’s no clear indication if the release date will change at press time, but ZB Label shared that “detailed schedule changes will be announced through a separate notice.” The company added, “our deepest condolences to the victims, bereaved families, and those affected by the heartbreaking tragedy.”

AleXa joins the likes of PSY, ENHYPEN, Jessi and more K-pop stars who have shared their condolences with victims of the tragedy that’s left more than 150 dead and led to a weeklong national mourning period in South Korea. AleXa and ZB Label are also joining the dozens of artists and labels opting to hold or cancel promotional plans and new music in light of the tragedy.

Post Malone is known for greeting his fans at concerts and signing autographs, but he took his fan interactions up a notch when he helped a couple reveal the gender of their baby on the way.

In a clip shared to TikTok from the “Congratulations” star’s show in Tulsa, Okla., on Friday night (Oct. 28), Post is seen signing a poster that was handed to him by a couple, who begin asking him to open the envelope taped to the poster, and reveal the gender of the baby.

“You want me to just tell you?” Post asks them, before confirming, “You didn’t see it? Y’all didn’t see it?” He then opens the envelope, and immediately, his jaw drops. He excitedly holds up the piece of paper, which reads, “It’s a girl!”

“You’re going to be a girl dad!” the star sweetly tells the father-to-be.

Post Malone himself is also a girl dad, as he welcomed his first child — a daughter — with his longtime girlfriend earlier this year. In an interview with Apple Music’s Zane Lowe before the baby’s birth, Post said he’s “pumped beyond belief” to be a father, something he’s been dreaming about since he was a kid who walked around with a baby doll all the time. “I thought that was the coolest thing,” he said of his doll. “I would take him around everywhere. And I don’t know how long that lasted. But my mom still has it. And I guess, Zane, I’m so pumped up. I’m going to be a hot dad.”

Watch the adorable gender reveal below.

Taylor Swift has another titanic battle on her hands, as the U.K. albums chart race enters the final straight.

Last week, Swift’s Midnights (via EMI) saw off the challenge of Arctic Monkeys and their seventh studio album The Car (Domino Recordings). This time, it’s the Beatles with Revolver (EMI).

A special deluxe rerelease of the Fab Four’s 1966 album blasts to No. 2 on the midweek chart, behind Midnights.

Swift last week landed her ninth U.K. chart crown – and snapped several records — as Midnights surged to No. 1 on the Official U.K. Albums Chart with more than 200,000 chart sales, easily a career-best week for the U.S. pop superstar.

With that effort, Swift sailed past Kylie Minogue for outright second place in the list of female artists with the most U.K. No. 1 albums, with nine, all consecutive.  Madonna leads that particular ranking, with 12. And the leader among all acts? The Beatles, with 15 U.K. No. 1s, a tally that includes Revolver, which led the survey following its original release.  

Behind Swift and the Beatles on the midweek chart is Michael Ball and Alfie Boe’s Together In Vegas (Decca), which is set to become their fourth consecutive top 3 as a duo. It’s new at No. 3 on the Official Chart Update, while the top 5 is completed by DJ Fred Again’s Actual Life 3 (Atlantic), and Massive Wagons’ Triggered (Earache), respectively.

Also eyeing top 10 starts are Foo Fighters’ new hits retrospective The Essential (No. 6 via Sony Music CG), Tom Odell’s Best Day Of My Life (No. 7 via Urok Mtheory), Paul Weller’s triple-album Will Of The People (No. 8 via Universal Music Recordings) and Blue’s Heart & Soul (No. 10 via TAG8).

Over on the singles chart blast, Swift maintains her lead with “Anti-Hero.” If it holds its position, and its parent album does the same, Swift will make it a second chart double in as many weeks.

At the halfway point in the chart cycle, “Anti-Hero” leads Sam Smith and Kim Petras’ “Unholy” (EMI) and Rihanna’s new release, “Lift Me Up” (Def Jam), respectively. Rihanna’s comeback track, which will appear in Marvel’s Black Panther: Wakanda Forever, had trailed just “Anti-Hero” earlier in the week.

All will be revealed when the U.K. singles and albums charts are published Friday (Nov. 4).

She’s got a princess face, a killer body, samurai mind. Nicki Minaj showed off her Disney princess fantasy in a new social media post on Monday (Oct. 31).

For Halloween, the rapper decided to dress up as a high-fashion Cinderella… or Chunderella, according to her fairy tale rewrite of a caption. “And as she heard the whispers…Chunderella snickered,” she wrote. “The ugly/evil step sisters had EVERY RIGHT to bicker (through their blisters!) After all, deep down inside…they knew…they’d never fit the glass slippers… The END.”

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In the slideshow, Minaj poses in a blond wig, tiara and an architectural take on Cinderella’s classic blue gown. However, the Harajuku Barbie proved once she turned around that her version of the princess is quite the “Super Freaky Girl,” complete with two rather NSFW cutouts carved out of the backside of the dress.

Earlier this month, Nicki linked up with NBA YoungBoy on their new collaboration “I Admit,” which is featured on the latter’s brand-new album Ma, I Got a Family.

Meanwhile, she’s also been bumping heads with the Recording Academy over “Super Freaky Girl” being moved from the rap category into the pop category for voting at the upcoming 2023 Grammy Awards — that is, when she hasn’t been busy feuding with Latto on Twitter over whether her own “Big Energy (Live)” should (or shouldn’t) be facing the same categorization at the awards show.

In other awards news, Minaj recently landed five nods at the MTV EMAs, including best artist, best song and best video (both for “Super Freaky Girl”), best hip-hop and biggest fans.

Get a look at Nicki as “Chunderella” below.

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Cardi B and Offset have two kids together, and Cardi seems to be planning for a third.

Already a mom to 4-year-old Kulture and 1-year-old Wave, she mused over adding another baby to the family on Twitter Sunday (Oct. 30).

Cardi shared three new photos of baby Wave with fans this weekend, gushing, “My son so fire.”

“I can’t wait to get business finish and have my third,” the rapper revealed in her tweet.

Fans left supportive messages in the comments, though some suggested that they’d really love to hear a new album before the Invasion of Privacy hitmaker focuses on expanding her family. “Nah sis, we need that album first!” one wrote.

The hip-hop power couple, who got married in 2017 and had a few bumps in the road over the years, welcomed Kulture on July 10, 2018 and Wave on Sept. 4, 2021. Cardi and Offset shared sweet family snapshots to celebrate Wave’s first birthday in September. “I LOVE YOU BIG MAN!!” Offset captioned a gallery on Instagram, which featured a heartwarming video of himself cradling Wave as a newborn.

Offset also has three more children — Jordan, Kody and Kalea — from previous relationships.

See Cardi B’s cute tweet below.

Luke Bryan responded to a wave of criticism he’s received for warmly welcoming Florida Gov. Ron DeSantis to his stage Friday night (Oct. 28).

The country star and American Idol judge brought out DeSantis in front of a Jacksonville, Fla., crowd, on a stop on his Raised Up Right Tour. In footage from the concert, DeSantis is seen tossing swag out to audience members and giving a high five to Bryan, who pats him on the back.

“We’re gonna have some fun and we’re gonna raise some money tonight for the great state of Florida,” Bryan announced at the show.

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DeSantis shared a pair of photos on Twitter of the two appearing to have a good time on stage together. He wrote, “Thanks for letting me crash the party last night, @lukebryan!”

Bryan released a statement on Sunday defending his decision to have DeSantis join him at the show. He noted that “this felt right” as part of an effort to help raise awareness and money for people impacted by Hurricane Ian in Florida. The singer had postponed a set of Florida tour dates in September due to the hurricane.

“I typically don’t respond to stuff when I’m getting run down on a social platform but here’s the deal. I understand Governor Desantis is a very polarizing figure,” Bryan wrote on social media Sunday afternoon (Oct. 30). “But I grew up in a country where if a governor ask you if they can come and raise awareness to help victims of a natural disaster you help.”

“I’ve generally stayed out of politics throughout my career,” said Bryan. “I knew people would chatter about this but for me the more important piece was if I am going to come back there a few weeks after a large portion of people have been affected by a natural disaster in a state where people have been good to me this felt right. Raise awareness, have a little fun between the GA and FL college fans before the game and do what I love on stage.”

He closed the note by writing, “This is all I am saying about this. I’ll be outdoors with my boys. Enjoy your Sunday.”

“Your greeting of DeSantis on stage certainly appeared to be more than wanting to help Hurricane victims. It looked like a full endorsement of DeSantis – DeSantis is worse than polarizing,” one person commented on Bryan’s post. It was one of the top comments of more than 13,000, a significant uptick from the usual amount of comments seen on the singer’s tweets.

“So, it’s impossible to support victims of a hurricane while also supporting the LGBTQ community?” another asked. DeSantis was behind Florida’s “Don’t Say Gay” law, which prohibits instruction in Florida schools on sexual orientation or gender identity from kindergarten through grade three, or in any grade “in a manner that is not age-appropriate or developmentally appropriate for students in accordance with state standards.”

“You can raise awareness (and money) with your own name,” noted another Twitter user. “Having Desantis on stage with you have the impression (true or not) that you supported him. In this day and age, we all have to be willing to speak out against lies, hate and injustice.”

Below, see a video clip of the moment Bryan welcomed DeSantis to the stage, followed by Bryan’s statement.

Singer-actor Lee Jihan was among those who died in the Itaewon crowd crush tragedy in Seoul, South Korea. Two agencies representing the star, 935 Entertainment and 9Ato Entertainment, confirmed the news on Sunday (Oct. 30). He was 24.

Born on Aug. 3, 1998, Lee Jihan had made his first big move in the Korean entertainment industry by competing in the second season of the Korean singing competition Produce 101, where 101 K-pop hopefuls looked to land a spot in an 11-member boy band.

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Stampede on Oct. 30 in Seoul, South Korea.

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Representing as a K-pop trainee from Pan Entertainment at the time, Lee originally auditioned on the show with a cover of EXO‘s “Overdose,” delivered a well-received group performance of INFINITE‘s “Be Mine” with castmates, and was ultimately eliminated in the fifth episode. The show produced Wanna One (who scored five entries on the World Albums chart during their one year together) and other breakout stars.

Former Produce 101 contestants Park Heeseok and Kim Dohyun expressed their condolences and shared funeral information for their former castmate via Instagram Stories.

Post-Produce, Lee moved into acting. In 2019, he starred in the Korean drama Today Was Another Namhyun Day. 935 Entertainment and 9Ato Entertainment agencies both represent a handful of different actors in South Korea.

Lee Jihan is one of at least 153 dead in Seoul’s crowd crush incident over the weekend. The Korean government has announced a period of national mourning that will last until Nov. 5. Several K-pop music releases and events have been canceled or postponed in light of the tragedy. Artists like PSY, ENHYPEN and more have expressed condolences.