LE SSERAFIM‘s HOT tops this week’s new music poll.
Music fans voted in a poll published Friday (March 14) on Billboard, choosing the South Korean pop group’s fresh EP as their favorite new music release of the past week.
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This week’s poll was brimming with competition, but the latest from LE SSERAFIM had supporters swooping in with 86% of the vote. Voters this week chose HOT over new music releases from an impressive pool of music talent — with artists in the mix including Chappell Roan, Selena Gomez and Benny Blanco, Playboi Carti, Haim, Sleep Token, Lil Nas X, Lizzo, Peso Pluma and Charley Crockett.
HOT is LE SSERAFIM’s fifth mini album, the follow-up to last year’s CRAZY, which reached No. 7 on the Billboard 200, their highest spot on the all-genre albums chart to date.
The girl group’s HOT set — featuring five songs: title track “Hot,” plus “Born Fire,” “Come Over,” “Ash” and “So Cynical (Badum)” — dropped on March 14, along with an official music video for “Hot” (seen above). Fans first got a teaser about the project from singers Kim Chaewon, Sakura, Huh Yunjin, Kazuha and Hong Eunchae in February.
In April, they’ll head out on the Easy Crazy Hot Tour in support of their recent EPs, with concert dates currently scheduled in South Korea, Japan, Taiwan, China, the Phillippines, Thailand and Singapore.
Among the new music trailing behind HOT on the poll this week are Chappell Roan’s new single, “The Giver,” with 4% of the vote; Selena Gomez and Benny Blanco’s latest track, “Sunset Blvd,” with 2% of the vote, and Playboi Carti’s Music album, also with 2% of the vote.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-17 03:02:122025-03-17 03:02:12Fans Choose LE SSERAFIM’s ‘HOT’ as This Week’s Favorite New Music
Rolling Loud California, day one was packed with big performances and vibrant energy. From interviewing some of the stars slated to perform to bringing you highlights from the day’s shows, keep watching as we recap everything you may have missed on day one!
What did you think of Rolling Loud day one? Let us know in the comments below!
Tetris Kelly:
Billboard is at Rolling Loud Los Angeles, and from the vibes to the interviews with the artists and seeing them on stage, we take you there in “Billboard All Access.”
Cash Cobain:
Rolling Loud is from California. I see the palm trees. It’s beautiful. It’s amazing. I’m about to go perform right now, so, you know what I’m saying, it’s feeling good right now.
Tetris Kelly:
Before making it to the headliners, we had to check out the vibes at Hollywood Park, and fans were taking advantage of actual carnival rides, in addition to getting their hair and looks on point at multiple activations with tattoos and more. And don’t forget karaoke. There were also real artists backstage before their big sets.
DDG:
I just want to be one of the ones that come out here one day. And you know, I’m not pulling up at three o’clock, I’m pulling up at the SoFi Stadium doing — hell out of my own s—. You know what I mean?
Tetris Kelly:
Also you’re on the track with headliner Playboi Carti, man. Billboard ranked it the eighth best song out of the 30 songs. So how was it to work with my boy?
Cash Cobain:
Shout out to “FINE S—” man. For sure.
Tetris Kelly:
How is it to see, like, your peers out in the crowd and stuff at performances?
Derrick Milano:
It’s like you see them in the elements, and you see all the work and the hard work that’s put in, and you just appreciate who they are as artists and what you do.
Tetris Kelly:
And do you actually care about any of the other headliners that’s played, like anybody’s set you are trying to see before you bounce out tonight?
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-17 03:02:122025-03-17 03:02:12Rolling Loud California Day 1 Recap: Peso Pluma, A$AP Rocky & More Bring Fire Shows | All Access | Billboard News
Role Model wanted to sing a version of “Nothing New,” the melancholic Taylor SwiftRed (Taylor’s Version) vault track that features Phoebe Bridgers, that he could do a little two-step to while screaming out the chorus — adding a dash of drunken coziness to Swift’s ruminating after a night of imbibing in a few too many. And so “Nothing New (Tucker’s Version)” was born, with Role Model debuting his live cover of Swift’s song on Australian radio station Triple J’s “Like a Version” series.
“Standout song for me,” says Role Model, aka Tucker Harrington Pillsbury, in an accompanying interview clip with the station released on Thursday (March 13) while he’s on the road with his band, playing sold-out shows in Brooklyn and Boston this weekend and returning as opener on Gracie Abrams‘ Secret of Us Tour this summer.
He stumbled upon the Red-era song while working on his sophomore studio album, 2024’s Kansas Anymore.
As Role Model recalls, “I was constantly adding songs to my playlist, like a music inspo playlist, and this one I came across. I had no idea Taylor Swift and Phoebe Bridgers were on a song together. I’m scared to say it, but I think Phoebe brought me into the Taylor Swift world — which is great.”
Watch Role Model’s Live Cover of “Nothing New”
“She’s incredible,” he says of Swift. “She’s one of the best songwriters of our generation.”
“Nothing New,” a song that didn’t make the cut on the original Red album in 2012 but resurfaced amidst the 2021 re-recording of the set, has Swift contemplating her shelf life as a promising young pop-country star; verses are traded with Bridgers, who also lends harmony to the chorus and bridge. Swift and Bridgers brought the song to the stage for the first time on May 5, 2023 in Nashville, the first of several nights the Punisher singer-songwriter joined the lineup of the The Eras Tour.
“I love the chorus and [how] it changes slightly every time,” says Role Model of “Nothing New,” explaining why he went where he did with his interpretation of the tune. “It just feels good, like, ‘I’ve had too much to drink tonight’ — I wanna scream it and dance to it. So that’s why we added drums and a little bit of twang to it. I wanted to bump up the tempo just a little bit, add drums and bring it into the world of Kansas Anymore. Just give it a little warmth and a slight dance-y groove, and some twang. We had the peddle steel come in. I just wanted to be able to do a slow two-step to it.”
Though “Nothing New” is written from the perspective of a girl in the spotlight worrying it’s only a matter a time before a fresher face takes her place (“People love an ingénue,” Swift remarks, a sad line with dry delivery, after Bridgers sings, “Are we only biding time ’til I lose your attention?”), Role Model can empathize with the lyrics as an artist.
“I have said this many times before,” he shares. “People’s attention spans are very short, and they’re getting shorter. I try not to bathe in the attention that I’m getting now in this place of my career, which is, I guess, probably, the best place I’ve been in my career. I try not to shower myself in that because I know people are gonna forget at some point or move on, and there’s gonna be a nice, shinier little Tucker that comes along and outdoes me. I get it. I relate to Miss Taylor.”
Role Model arrives at the 15th Annual Guild of Music Supervisors Awards at The Wiltern on Feb. 23, 2025 in Los Angeles, California.
Role Model once met Bridgers at Coachella, but humbly assumes she doesn’t remember it. He hasn’t met Swift, though between this performance circulating and his tour with Abrams, he’s arguably now in the pop icon’s orbit, at least tangentially. An opener on Swift’s Eras Tour, Abrams ended up co-writing and recording the Grammy-nominated duet “us.” with her, a highlight on her The Secret of Us album.
Of his hope to meet Swift someday, Role Model, who in February released a few new songs (including “Sally, When the Wine Runs Out,” seen below) via deluxe album Kansas Anymore (The Longest Goodbye), says, “I would love to. I would love to.”
For someone who didn’t really identify as a fan of Swift until “Nothing New,” he’s got a reasonable grasp on the power of Swifties. His polite plea to those who hear his cover: “Just don’t hate me. If you don’t like it, I understand. If you liked it, thank you so much — I’m honored. I’m scared of both of you in the best way, so go easy on me.”
“Send hearts,” he says with optimism, making the signature heart hands Swift’s fandom knows.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-16 03:02:132025-03-16 03:02:13Taylor Swift Feat. Phoebe Bridgers’ ‘Nothing New’ Gets Twangy Cover by Role Model
The National Academy of Television Arts and Sciences announced 2025’s Children’s and Family Emmy Awards winners during a ceremony at Television City in Los Angeles on Saturday night (March 15).
Hosted by Eric Bauza, the third annual Children’s and Family Emmy Awards honored the “pinnacle of creativity and innovation in children’s entertainment,” NATAS says.
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During Saturday’s main ceremony, Percy Jackson and the Olympians, The Velveteen Rabbit, Orion and the Dark and Sesame Street projects each took home two awards.
Percy Jackson won best young teen series as well as directing for a single-camera live-action series for “I Accidentally Vaporize My Pre-Algebra Teacher,” in a tie with “The Big City” episode of A Real Bug’s Life; The Velveteen Rabbit won best fiction special, and star Phoenix Laroche won younger performer in a preschool, children’s or young teen program; Orion and the Dark won best animated special, and voice actor Jacob Tremblay won younger voice performer in a preschool, children’s or young teen program; Sesame Workshop’s Elmo and Jesse Remember Uncle Jack won best short form live-action program, and Sesame Street‘s Leslie Carrara-Rudolph won outstanding puppetry performer.
More awards will be announced in a separate creative arts ceremony.
Outside of competitive categories, Fran Brill (performer and puppeteer, Sesame Street and The Muppet Show) received the lifetime achievement award from The Muppets‘ Dave Goelz.
Additionally, honors for individual achievement in animation were given to Merry Little Batman‘s Philip Vose (background designer), Elena Najar (animation supervisor) and Guillaume Fesquet (art director); Orion and the Dark‘s Miho Tomimasu and Lauren Zurcher (visual development artists); Kizazi Moto: Generation Fire‘s Lesego Vorster (character designer); and Snoopy Presents: Welcome Home, Franklin’s David Lux (storyboard artist).
Billboard Family has the winners list from the 2025 Children’s and Family Emmy Awards below. More categories will be presented in a separate creative arts ceremony, and this list will be updated with the winners in those categories after the event.
Preschool Series
Blue’s Clues & You! (WINNER) Nickelodeon
Donkey Hodie PBS Kids
Lovely Little Farm Apple TV+
Sesame Street Max
Children’s or Family Viewing Series
Fraggle Rock: Back to the Rock (WINNER) Apple TV+
La Fuerza de Creer: Dulce Sazón Univision
Jane Apple TV+
Malory Tower BYUtv
Raven’s Home Disney Channel
Young Teen Series
Goosebumps Disney+
Heartstopper Netflix
One Piece Netflix
Percy Jackson and the Olympians (WINNER) Disney+
The Spiderwick Chronicles Roku Channel
Fiction Special
Monster High 2 Nickelodeon
The Naughty Nine Disney Channel
The Slumber Party Disney Channel
The Velveteen Rabbit (WINNER) Apple TV+
World’s Best Disney+
Non-Fiction Program
All-Round Champion BYUtv
Elmo & Tango Holiday Helpers Max
Kids Baking Championship Food Network
A Real Bug’s Life National Geographic
Stand Up & Shout: Songs From a Philly High School (WINNER) HBO | Max
Preschool Animated Series
Frog and Toad Apple TV+
Interrupting Chicken Apple TV+
Rosie’s Rules PBS Kids
StoryBots: Answer Time Netflix
The Tiny Chef Show (WINNER) Nickelodeon
Children’s or Young Teen Animated Series
CURSES! Apple TV+
Hilda Netflix
Iwájú Disney+
Kiff Disney Channel
Marvel’s Moon Girl and Devil Dinosaur (WINNER) Disney+
Summer Camp Island Cartoon Network
Animated Special
Merry Little Batman Amazon Prime Video
Orion and the Dark (WINNER) Netflix
Peter and the Wolf Max
Snoopy Presents: One-of-a-Kind Marcie Apple TV+
The Tiger’s Apprentice Paramount+
Tiny Chef’s Marvelous Mish Mesh Special Nickelodeon
Short Form Live-Action Program
Elmo and Jesse Remember Uncle Jack (WINNER) Sesame Workshop
GIRLS’ VOICES NOW: The Beauty in Being Different Girls’ Voices Now Here TV
Healthy Minds Thriving Kids Child Mind Institute
Kid Gloves Kid Gloves Show
Short Form Animated Program
How Not to Draw Disney Channel
I Am Groot Disney+
Once Upon a Studio (WINNER) Disney+
Take Care with Peanuts Snoopy – Official Channel
The Wonderful World of Mickey Mouse:Steamboat Silly Disney+
Interactive Media
Cousin Hodie Playdate Donkey Hodie PBS Kids
Cyberchase: Cyber Sound Quest PBS Kids
Daniel Tiger’s Neighborhood PBS Kids
Molly of Denali PBS Kids
Stu’s Super Stunts! PBS Kids
Lead Performer in a Preschool, Children’s or Young Teen Program
Lola Blue as Addie Darrow A Kind of Spark BYUtv
Ella Bright as Darrell Rivers Malory Towers BYUtv
Justin Long as Mr. Bratt Goosebumps Disney+
Raven-Symoné as Raven Baxter Raven’s Home Disney Channel
Christian Slater as Mulgarath (WINNER) The Spiderwick Chronicles Roku Channel
Supporting Performer in a Preschool, Children’s or Young Teen Program
Adam Copeland as Ares Percy Jackson and the Olympians Disney+
Amanda Lawrence as Matron Shipley (WINNER) Malory Towers BYUtv
Elizabeth Mitchell as Carol / Mrs. Claus The Santa Clauses Disney+
Sarah Rafferty as Katherine Walter My Life with the Walter Boys Netflix
Lance Reddick as Zeus Percy Jackson and the Olympians Disney+
Eric Stonestreet as Magnus Antas / The Mad Santa The Santa Clauses Disney+
Younger Performer in a Preschool, Children’s or Young Teen Program
Pyper Braun as Natasha Williams Erin & Aaron Nickelodeon
Noah Cottrell as Simon Grace The Spiderwick Chronicles Roku Channel
Mykal-Michelle Harris as Alice Baxter Raven’s Home Disney Channel
Alaya High as Lay Lay That Girl Lay Lay Nickelodeon
Leah Sava Jeffries as Annabeth Chase Percy Jackson and the Olympians Disney+
Phoenix Laroche as William (WINNER) The Velveteen Rabbit Apple TV+
Puppetry Performer
Leslie Carrara-Rudolph as Abby Cadabby & Tango (WINNER) Sesame Street Max
Eric Jacobson as Bert, Oscar the Grouch & Grover Sesame Street Max
Donna Kimball as Mokey, Storyteller & Cotterpin Fraggle Rock: Back to the Rock Apple TV+
Karen Prell as Red & Icy Joe Fraggle Rock: Back to the Rock Apple TV+
David Rudman as Cookie Monster & Baby Bear Sesame Street Max
Voice Performer in a Preschool Program
Kimiko Glenn as Baby Shark Baby Shark’s Big Show! Nickelodeon
Bobby Moynihan as Bobby Boots Pupstruction Disney Junior
Cree Summer as Lizard & DeeDee Spirit Rangers Netflix
Fred Tatasciore as Bang, BlimBlam the Barbarian, King Hydrogen, Alabama Smith & The Lone Drifter StoryBots: Answer Time Netflix
Kari Wahlgren as Granny Caterina, Ms. Poochytail & Magda (WINNER) Superkitties Disney Junior
Voice Performer in a Children’s or Young Teen Program
Eric Bauza as Daffy Duck & Bugs Bunny (WINNER) Teen Titans Go! Cartoon Network
Bob Bergen as Porky Pig Looney Tunes Cartoons Max
Ben Feldman as Tylor Tuskmon Monsters at Work Disney+
William Shatner as Keldor Masters of the Universe: Revolution Netflix
Paul Walter Hauser as Dark Orion and the Dark Netflix
Younger Voice Performer in a Preschool, Children’s or Young Teen Program
Lucia Cunningham as Jessica Williams Jessica’s Big Little World Cartoon Network
Simisola Gbadamosi as Tola Martins Iwájú Disney+
Terrence Little Gardenhigh as Pat Fright Krewe Hulu I Peacock
Arianna McDonald as Marcie Snoopy Presents: One-of-a-Kind Marcie Apple TV+
Jacob Tremblay as Orion (WINNER) Orion and the Dark Netflix
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-16 03:02:132025-03-16 03:02:13Here’s the 2025 Children’s and Family Emmy Awards Winners List (Updating)
Grupo Frontera and Majo Aguilar brought the Mexican spice to Billboard‘s THE STAGE at SXSW. Keep watching for a sneak peek of the second night!
Narrator:
Frontera had everyone in their feels last night at Billboard’s The Stage at SXSW in Austin, and we have all the details! The guys were a total vibe in all black. Love was in the air, and couples were slow dancing as Payo rocked the mic, leaving absolutely no crumbs with hits like “No Se Va” and “Hecha Pa’ Mi.”
Backstage, the band smiled as they signed their Billboard cover, and back on stage, rising regional star Majo Aguilar crushed it as the opening act in a mint two-piece with mariachi, setting the scene for an unforgettable night of tejanas, boots and fire Música Mexicana.
Have you caught on to the Regional Mexican craze? Share your love in the comments below! And for continued coverage on all your SXSW music news, keep it tuned in to Billboard.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-16 03:02:132025-03-16 03:02:13Grupo Frontera Brings the Mexican Spice to Billboard’s THE STAGE at SXSW | Billboard News
Papa Roach extends its career-best streak of No. 1s on Billboard’s Mainstream Rock Airplay chart, lifting a place to No. 1 on the March 22-dated survey with “Even If It Kills Me.”
The track is the band’s fourth No. 1 in a row and 11th overall. The group’s streak dates to the one-week reign of “No Apologies” in 2022, followed by triumphs for “Cut the Line” in 2023 and “Leave a Light On” in 2024.
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The Jacoby Shaddix-led band takes over sole possession of the 10th-most No. 1s in the Mainstream Rock Airplay chart’s 44-year history. The act first reached the chart with the No. 4-peaking “Last Resort” in 2000 and first led with “Lifeline” in 2009.
Most No. 1s, Mainstream Rock Airplay: 20, Shinedown 18, Three Days Grace 15, Five Finger Death Punch 14, Foo Fighters 14, Metallica 13, Godsmack 13, Van Halen 12, Disturbed 12, Linkin Park 11, Papa Roach
Concurrently, “Even If It Kills Me” holds at its No. 4 high on the all-rock-format, audience-based Rock & Alternative Airplay chart with 3.6 million audience impressions, up 7%, in the week ending March 13, according to Luminate. It’s tied for the band’s best placement on the ranking (which began in 2009), alongside “Kill the Noise” (2021) and “No Apologies.” The song is also bubbling under Alternative Airplay, where the band boasts 20 career entries, including the No. 1 “Last Resort.”
On the most recently published, multimetric Hot Hard Rock Songs chart (dated March 8, reflecting data Feb. 28-March 6), “Even If It Kills Me” ranked at No. 7, after hitting No. 4 in February. In addition to its radio airplay, the song earned 634,000 official U.S. streams in that span.
“Even If It Kills Me” is currently a standalone single. The band’s most recent album, Ego Trip, debuted at its No. 6 peak on the Top Hard Rock Albums chart in April 2022 and has earned 180,000 equivalent album units to date.
All Billboard charts dated March 22 will update on Tuesday, March 18, on Billboard.com.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-16 03:02:122025-03-16 03:02:12Papa Roach Rules Mainstream Rock Airplay Chart With ‘Even If It Kills Me’
Lola Young scores her first No. 1 on a Billboard airplay chart, as “Messy” lifts a spot to the top of the Rock & Alternative Airplay tally dated March 22.
The song rules the all-rock-format, audience-based ranking with 4.7 million audience impressions earned March 7-13, up 5% week-over-week, according to Luminate.
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Its reign is buoyed by success on the spins-based Alternative Airplay and Adult Alternative Airplay charts. “Messy” rises 4-3 on the former and 6-5 on the latter, marking a new best on each ranking.
The English singer-songwriter becomes the first act to notch a first No. 1 on Rock & Alternative Airplay in 2025. The last act to do so, Myles Smith (also from England), first led with “Stargazing” in December 2024. Both Smith and Young have dominated in their first appearances on the chart.
A multi-format hit, “Messy” concurrently rises 10-9 on Adult Pop Airplay and bullets at its No. 10 best on Pop Airplay.
On the most recently published, multimetric Hot Rock & Alternative Songs chart (dated March 15, reflecting data Feb. 28-March 6), “Messy” remained at its No. 2 best. In addition to its radio airplay, it drew 11.6 million official U.S. streams and sold 3,000 downloads in that span.
“Messy” is on This Wasn’t Meant for You Anyway, Young’s sophomore studio set. Released in June 2024, it has so far reached No. 6 on Top Alternative Albums (Feb. 8) and earned 191,000 equivalent album units.
All Billboard charts dated March 22 will update on Tuesday, March 18, on Billboard.com.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-16 03:02:112025-03-16 03:02:11Lola Young Earns First Billboard Airplay Chart No. 1 With ‘Messy’
Lil Nas X returns with five new tracks, and fresh music videos for each single. Keep watching to see what his new songs are!
What’s your favorite track from Lil Nas X’s drops? Let us know in the comments!
Lil Nas X:
I’m scared, but I’m excited. Next chapter is not gonna open until you let go of this last one. Y’all not on my dick enough.
Tetris Kelly:
Lil Nas X is back, and as he enters his dreamboy era, he’s released a lot of new tracks. The brand new music videos sees the rapper embrace his new freedom and the color pink.
Lil Nas X:
Before I make this comeback. I want y’all to know you getting stepped on 2025 hoe. I promise you I’m gonna pop my **** all year, and I don’t give a **** what no **** got ta say about it.
Tetris Kelly:
And he didn’t just drop “HOTBOX,” we got “BIG DUMMY!”, “SWISH,” “RIGHT THERE!” and “DREAMBOY.” We are ready to take the ride.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-15 03:02:162025-03-15 03:02:16Lil Nas X Enters “DREAMBOY” Era With “HOTBOX,” “SWISH” & More | MYSK | Billboard News
Martin Garrix will play a trio of nights at the the L.A. State Historic Park this summer. According to a representative for the shows, this run will make the Dutch producer the first artist to ever play three nights at the outdoor L.A. venue.
The performances happen this June 27, 28 and 29. The rep adds that 40,000 tickets sold out immediately across the first two shows, with a third show added due to demand. Tickets for this final show are on sale now.
These performances will mark the first time Garrix has played in L.A. since 2016. The L.A. State Historic Park is a fixture in the city’s outdoor music scene, having hosted recent performances by dance artists including Dom Dolla, Afterlife and Zedd. The Park was also previously the location for festivals including HARD Summer and FYF.
Today (March 14) Garrix also released a new single “Angels For Each Other,” with the song marking the first time in his 12-plus year career that he’s ever sung on one of his own tracks. “Angels For Each Other” is a collaboration with superstar Indian artist Aright Singh and also marks Singh’s first release for which he sings in English. Listen to the song below.
In the run-up to Garrix’s June shows in L.A., he’ll play various festivals around the world including Ultra Music Festival in Miami, Ultra Australia, Ultra Johannesburg, EDC Korea, EDC Las Vegas and his ongoing residency at Ushaïa Ibiza. The producer also recently took Billboard on a tour through his sprawling STMPD studio complex in Amsterdam. See that tour here.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-15 03:02:152025-03-15 03:02:15Martin Garrix to Become First Artist to Play Three Nights at L.A. State Historic Park
The music business has earned a reputation for being recession-proof. In bad economic times, people still pay for their music subscription services and want to go to concerts. Some synch opportunities may dry up as advertisers make cutbacks, but overall, the music is a hearty business that doesn’t follow typical economic cycles.
Music business stocks, however, aren’t immune to fluctuations in the market and investors’ worries about the increasingly fragile state of the economy. This week, just three of the 20 companies on the Billboard Global Music Index (BGMI) finished with gains, and five stocks had losses in excess of 10%. Despite a host of strong quarterly earnings results in recent weeks, President Donald Trump’s tariffs on goods from Canada, Mexico, China and Europe have caused markets to panic, taking down music stocks along with the industrial and agricultural companies most likely to be affected.
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The S&P 500 entered correction territory on Thursday (March 13) when it closed down 10% from the all-time high. The Russell 2000, an index of small companies, was down 18.4% from its peak. Most stocks improved on Friday (March 14) as markets rallied — despite a decline in the University of Michigan’s consumer confidence index — but the first four days of the week were too much to overcome. The S&P 500 finished the week down 2.3% and the Nasdaq composite closed down 2.4%.
Markets outside of the U.S. fared better than U.S. markets. The U.K.’s FTSE 100 dropped just 0.5%. South Korea’s KOSPI composite index rose 0.1% and China’s SSE Composite Index improved 1.4%.
Even though 17 of the 20 companies on the BGMI posted losses this week, the index rose 0.5% to 2,460.71 because of Spotify’s 8.1% gain, and the dollar’s nearly 1% increase against the euro offset the weekly declines of 17 other stocks. Spotify is the BGMI’s largest component with a market capitalization of approximately $117 billion — more than twice that of Universal Music Group’s (UMG’s) $50.2 billion. The stock also received rare good news this week as Redburn Atlantic initiated coverage of Spotify with a $545 price target (which implies 5.5% upside from Friday’s closing price) and a neutral rating.
UMG shares fell 8.8% on Friday, a reaction to Pershing Square’s announcement on Thursday that it will sell 50 million shares worth approximately $1.5 billion. Pershing Square CEO Bill Ackman called UMG “one of the best businesses we have ever owned.” JP Morgan analyst Daniel Kerven admitted the news was “a near-term negative for confidence” in UMG but saw Pershing Square’s decision to sell shares as a move to take profits and re-weigh its portfolio (UMG was 27% of Pershing Square’s holdings) rather than a commentary about UMG’s long-term potential or recent operating performance. UMG shares ended the week down 8.2% to 25.46 euros ($27.78) but remained up 6.5% year to date.
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Live Nation shares dropped 6.5% to $119.22, marking the stock’s fourth consecutive weekly decline. During the week, Deutsche Bank increased its Live Nation price target to $170 from $150 and maintained its “buy” rating. On Friday, a judge denied Live Nation’s request to dismiss an accusation that the promoter illegally forced artists to use its promotion business if they wanted to perform in its amphitheaters.
Other U.S.-based live entertainment companies also fell sharply. Sphere Entertainment Co. fell 10.1% to $31.55. MSG Entertainment dropped 1.3% to $31.46 despite Wolfe Research upgrading the stock to “outperform” from “peer perform” with a $46 price target. Vivid Seats, a secondary ticketing platform, fell 28.1% to $2.86 after the company announced fourth-quarter earnings.
Radio companies, which tend to suffer when economic uncertainty causes advertisers to pull back spending, had yet another down week. iHeartMedia fell 12.0% to $1.61. Cumulus Media dropped 11.5% to $0.46. And SiriusXM, which announced layoffs this week, fell 10.1% to $22.67. Year to date, iHeartMedia is down 24.4% and Cumulus Media is down 40.3%. SiriusXM, on the other hand, has gained 1.4% in 2025.
K-pop stocks also fell sharply despite South Korea’s market finishing the week with a small gain. HYBE, SM Entertainment, JYP Entertainment and YG Entertainment had an average decline of 7.4% for the week. Collectively, however, the four South Korean companies have had a strong start to 2025 and, after this week, had an average year-to-date gain of 19.3%.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-03-15 03:02:152025-03-15 03:02:15Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
