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Two more senators are calling for restrictions on TikTok’s operations in the U.S., citing alleged risks to national security and consumer privacy presented by the Chinese-owned platform.
In the letter sent Thursday, U.S. Sens. Richard Blumenthal (D-Conn.) and Jerry Moran (R-Kan.) called on the Committee on Foreign Investment in the United States (CFIUS), which is currently investigating TikTok’s 2017 merger with Musical.ly, “to swiftly conclude its investigation and impose strict structural restrictions” between the platform and its Chinese parent company, ByteDance — including by “potentially separating” the two companies. The letter was addressed to U.S. Treasury Secretary and CFIUS chair Janet Yellen.
In the letter, Blumenthal and Moran cite a December disclosure by ByteDance — reported by The New York Times — that four of its employees obtained the data of several TikTok users, including two journalists, in an effort to locate the sources of suspected leaks to journalists of internal company conversations and documents.
Despite ByteDance’s assertion that it fired the employees involved, Blumenthal and Moran allege that the scheme was in fact perpetrated by a “formal ‘Internal Audit and Risk Control’ team” directed by senior executives, including TikTok CEO Shou Zi Chew.
“The incident also occurred while TikTok’s executives had repeatedly promised that Americans’ personal data was secure against such spying,” the letter reads, citing testimony given by TikTok’s vp/head of public policy, Michael Beckerman, to the Senate Commerce Committee’s Subcommittee on Consumer Protection in October 2021.
The letter goes on to claim that TikTok company engineers “continue to have dangerous access to Americans’ personal data and control over its algorithmic recommendation systems, access that continues enable this spying on journalists.”
The senators cite several more reports to bolster their case, including a December article in The Wall Street Journal reporting that TikTok’s product development and management — including oversight of its algorithmic recommendation system — remains based in China. Another article published by Forbes in August, which reported that roughly 300 current employees at TikTok and ByteDance work or have worked for Chinese propaganda outlets including Xinhua News Agency and China Global Television, is also held up as evidence to support restrictions.
Elsewhere, Blumenthal and Moran cite an October investigation by Consumer Reports that found TikTok tracks Americans — including those who don’t use the platform — by embedding “a tracking technology” on partner websites. “While this collection effort is ostensibly an advertising effort by the company, the transmission to TikTok of non-user IP addresses, a unique ID number, and information about what an individual is doing on a site provides a deep understanding of those individuals’ interests, behaviors, and other sensitive matters,” the letter adds.
Despite TikTok’s assurance that it no longer censors videos critical of the Chinese government and other authoritarian regimes, the senators additionally allege that the platform “continues to opaquely demote or remove certain content, including blocking LGBTQ accounts.”
TikTok “is clearly, inextricably dependent on ByteDance for its operations,” the letter concludes, “and therefore beholden to the government of China.”
Thursday’s letter is just the latest in a string of recent condemnations of TikTok by U.S. lawmakers. In December, President Joe Biden signed a bill that prohibits use of the platform by nearly 4 million government employees on devices owned by its agencies, joining at least 27 state governments and several universities that have passed similar measures. The same month, Sen. Marco Rubio (R-Flor.), Rep. Mike Gallagher (R-Wis.) and Rep. Raja Krishnamoorthi (D-Ill.) introduced a bill that would effectively ban TikTok and any other China-based social media platform from operating in the United States. And earlier this month, Sen. Michael Bennet (D-Col.), pushed Apple and Google to remove TikTok from their app stores over national security concerns, claiming the Chinese Communist Party could “weaponize” the platform against the United States by forcing ByteDance to “surrender Americans’ sensitive data or manipulate the content Americans receive to advance China’s interests.”
These lawmakers clearly weren’t assuaged by TikTok’s announcement in June that it had started routing U.S. user data to Oracle cloud servers located in the U.S., instituted audits of its algorithms and established a new department to solely manage U.S. user data for the platform.
Concerns about TikTok have been prevalent in other corners of the West, most prominently in Europe. In January, Zi Chew met with European Union officials over concerns about child safety and data privacy, among other matters. On Friday, TikTok’s general manager of operations in Europe, Rich Waterworth, attempted to allay some of those concerns in a blog post where he noted that the company plans to establish two additional European data centers, citing a commitment “to keeping our European community and their data safe and secure.” He added that the company is “continuing to deliver against” a data governance strategy they set out for Europe last year, which includes plans to further reduce employee access to European data, minimize data flows outside Europe and store European user data locally.
Zi Chew is slated to appear before the House Committee on Energy and Commerce on March 23, when he’s expected to comment on TikTok’s data security and user privacy policies, the app’s impact on children and ties with the Chinese Communist Party.
The Ledger is a weekly newsletter that covers the financial and economic side of the music business. An abridged version appears at Billboard Pro. Pro subscribers automatically receive The Ledger. Sign up here to receive the newsletter without a Pro subscription.
Keen observers noticed that last quarter Warner Music Group’s global streaming revenues were down 2.6% year over year, a rare sputter in the music industry’s main engine of growth. The company’s total revenue declined 7.8% as losses in recorded music’s physical and digital revenues couldn’t make up for publishing gains.
On its face, a year-over-year decline in streaming revenue – the driving force behind growth at labels as well as the rise in music catalog valuations – might seem alarming. Declines are routinely seen in download and physical sales. Streaming is typically the dependable bright spot of any earnings report.
The decline was more noticeable when compared to companies that released earnings for the same quarter. Sony Music Entertainment posted strong growth in the same period. SME’s streaming revenue improved 33.2% in its recorded music division and 59.8% in its publishing division. Reservoir Media didn’t show streaming softness last quarter, either. In its recorded music division, digital revenues were up 17% year-over-year. Digital revenues in its publishing division rose 29%.
So, what happened? Some of it is due to a quirk of WMG accounting, some of it is due to WMG, and some of it is due to factors that affect the entire music business.
One factor in WMG’s weak streaming revenue was a shorter quarter: WMG’s last quarter had one fewer week than the prior-year quarter, which gave the company a tough basis for comparison even before other factors could be considered. A 14-week quarter has 7.1% more days to generate income than a 13-week one and that’s a big gap to overcome. Adjusting for that, WMG streaming revenues would have been up 5% year-over-year.
The stronger dollar — WMG’s financial statements are reported in dollars, Sony reports in yen, Universal Music Group in euros — also played a part in the decline. In WMG’s recorded music division, streaming revenues declined 4% as reported but were flat on a constant currency basis (which assumes no change in foreign exchange rates). In its publishing division, streaming revenues grew 13.2% as reported and 16.8% at constant currency.
WMG also blamed the soft streaming numbers on a new release line-up that CFO Eric Levin called “a softer, largely U.S.-based release schedule” that “could roll into our fiscal Q2. But given our release schedule as second half-oriented this year,” he added, “we do feel good about our performance of releases and strength in the second half of the year.”
Another factor was not specific to WMG: a slowing ad market. Levin called it “a dislocated ad market” and warned “the decline is getting more pronounced.” The decline in ad-supported streaming revenue isn’t a surprise. The Ledger wrote about the soft advertising market in August 2022. Spotify CFO Paul Vogel warned advertising growth in the third quarter would be “slower than we might have forecast earlier in the year.” French music company Believe said “ad-funded streaming activities should be affected by rising inflation and economic uncertainties.”
The streaming market has become bifurcated. Subscription services have fared well through the pandemic and high inflation. Advertising is more closely associated with the direction of the broader economy. Consumers are generally reluctant to cancel entertainment subscriptions, but it’s easier for brands to pull back on ad spending, hurting everything from YouTube to broadcast radio companies like iHeartMedia (and music publishers to a lesser extent). At WMG, “subscription streaming grew by high single digits” but was partially offset by a drop “in the mid-teens” in ad-supported revenue, Levin said. WMG also noticed the slowdown in brands’ spending has created “a somewhat softer market for synch.”
In the fourth quarter, Spotify’s advertising revenue rose 14% compared to an 18% improvement for subscription revenue. With the growth of Spotify’s podcasting business, not all the advertising growth could be attributed to music. Advertising growth lagged subscription growth in the third quarter by three percentage points.
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Saturday Night Live is continuing its jam-packed 2023 with its next lineup of hosts and musical guests, revealed on Thursday (Feb. 16).
The iconic NBC sketch comedy show previously announced that Woody Harrelson will host SNL for the fifth time on Feb. 25, just weeks ahead of the release of his upcoming film, Champions, which hits theaters on March 10. Jack White will join the episode as musical guest.
The next weekend, on March 4, tight end for the recent Super Bowl champion team Kansas City Chiefs, Travis Kelce, will make his hosting debut. Kelsea Ballerini will also take the stage as musical guest for the first time, fresh off the release of her heartbreaking EP Rolling Up the Welcome Mat and its accompanying short film.
On March 10, Wednesday star Jenna Ortega will host the show for the first time, accompanied by The 1975 as musical guests. The band, who have previously performed on SNL one other time, is currently on their sold-out world tour for their recent album, Being Funny in a Foreign Language.
Saturday Night Live enjoyed an impressive 2022, in which the series won an Emmy Award for outstanding variety sketch series. SNL is the most Emmy-nominated show in television history and currently holds 93 Emmy wins.
The show airs every Saturday live on NBC at 11:30 p.m. ET/8:30 p.m. PT. For those without cable, the broadcast will also stream on NBC’s streaming service, Peacock, which you can sign up for at the link here. Having a Peacock account also gives fans on demand access to previous SNL episodes as well.
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Now that the Super Bowl is behind us, sports fans can set their sights on the NBA All-Star Game. The 2023 NBA All-Star weekend launches on Friday (Feb. 17).
From the slam dunk contest to the halftime show, keep reading for the NBA All-Star Weekend details and how to watch without cable.
NBA All-Star Game Schedule
When and where is All-Star Weekend? This year’s events will be held in Salt Lake City from Feb. 17-19.
21 Savage, Cordae, Janelle Monáe, Ozuna, Nicky Jam and more will suit up for the Ruffles Celeb Game airing Friday at 7 p.m. ET on ESPN followed by the Jordan Rising Stars three-game mini-tournament on TNT (click here for tickets).
Saturday’s schedule includes the NBA All-Star Practice Presented by AT&T at 1 p.m. ET on NBA TV, NBA x HBCU Classic Presented by AT&T at 4 p.m. ET on NBA TV, TNT and ESPN2; and the State Farm All-Star Saturday Night — featuring the Kia Skills Challenge, Starry 3-Point Contest and AT&T Slam Dunk — at 8 p.m. ET on TNT.
Welcoming fans to State Farm All-Star Saturday Night will be Creed III stars Michael B. Jordan and Jonathan Majors.
The 2023 NBA All-Star Game goes down at the Vivint Smart Home Arena on Sunday at 8 p.m ET. Tickets are still available for the game and other events.
(Find the full 2023 NBA All-Star Weekend schedule here.)
Who’s Performing at the 2023 All-Star Game?
Burna Boy, Tems and Rema will headline the halftime show with an Afrobeats-themed performance. After the halftime show, LeBron James will be honored for becoming the league’s all-time scorer.
Post Malone is set to perform a medley of hits during pre-game show at 6 p.m. ET on TNT. The All-Star Draft Presented by Jordan Brand will take place before the game at 7:30 p.m. ET.
Actor Vin Diesel will introduce the All-Star Game players. Grammy-nominated singer, and Utah native, Jewel will perform the national anthem while platinum-selling Toronto artist Jully Black will perform Canada’s anthem.
2023 NBA All-Star: How to Watch the Game, Halftime Show & Other Events Online
The 2023 NBA All-Star Game begins on Sunday at 8:00 p.m. ET (TNT coverage starts at 6:00 p.m.). The game will broadcast on TNT, which gives you different options when it comes to streaming.
If you already have TNT through a cable, internet or satellite provider, you can watch or stream the NBA All-Star game on your TV or online from any location.
No cable? Streaming plans tend to be cheaper than cable, plus you don’t have to worry about renting (and returning) a cable box. The 2023 NBA All-Star Game will be streaming on platforms like SlingTV, and Fubo (Vidgo offers ESPN, ESPN2 and ESPN Deportes but not TNT).
Philo is certainly a more affordable streaming option at $25 a month, but the streamer does not carry TNT. However, Sling TV has TNT and other sports, news and entertainment channels for just $20 for the first month (regular $40/month).
DirectTV Stream is another decent option for live television — it’s not very expensive and you can get perks like free HBO Max with select plans and a free trial for five days. The streaming start at $74.99/month for 75+ channels. Hulu + Live TV is around the same price for 85+ channels and access to Disney+ and ESPN+.
Sport lovers who want to stream the NBA All-Star Game internationally can do so with ExpressVPN or NordVPN. Additionally certain All-Star Weekend events can be streamed on the NBA app, including Saturday’s NBA All-Star Media Day Presented by AT&T (1 p.m. ET),
Adam Silver’s news conference on Saturday at 7 p.m. ET will air on NBA TV and stream on the NBA app. The same goes for the NBA Legends Awards on Sunday at 1 p.m. ET.
Staff at Motown Records were hit with news of layoffs Thursday (Feb. 16) as the label gets reintegrated under the Capitol Music Group (CMG) umbrella, multiple sources tell Billboard. The number of people and departments affected are unknown as of press time.
A spokesperson for Motown Records confirmed the layoffs to Billboard. “As Motown returns to the Capitol family, certain positions that had been created when we became a stand-alone label have since become duplicative,” the person said in a statement. “These employees are leaving the company and our People, Inclusion and Culture department is helping them find new opportunities — either within or outside of UMG.”
Layoffs were feared by staffers since chairwoman/CEO Ethiopia Habtemariam’s sudden announcement of her departure on Nov. 29, at which point the future of Motown — which had been spun out of the Capitol Music Group into a standalone label in March 2021, with Habtemariam promoted to the top title — was unclear. In the weeks that followed, it emerged that Motown would be consolidated once again into CMG, at which point the prospect of layoffs loomed.
Motown had been under the CMG umbrella since 2014 when Universal Music Group (UMG) dissolved the Island Def Jam Music Group and moved Motown to Los Angeles to operate out of the Capitol Tower. Habtemariam, who had been president of Motown since that year, oversaw the shift from New York to L.A. and in 2015 led the signing of Motown’s landmark partnership with Atlanta-based Quality Control, which brought Migos, Lil Baby, Lil Yachty, City Girls and others to the label. That led to a surge in interest, signings and market share for Motown, resulting in the establishment of the label as a standalone frontline in 2021, with Habtemariam given the chairman/CEO title. (Last week, Quality Control was acquired by HYBE America in a deal worth $300 million in cash and stock.)
However, just 20 months after assuming that role, Habtemariam announced she was leaving UMG entirely to “pursue new endeavors,” departing a label that had been energized in recent years without a clear leader. As a standalone label, Motown maintained its own A&R and marketing departments, though it shared services such as radio promotion with Capitol.
CMG is run by Michelle Jubelirer, who was promoted from COO to chair/CEO in December 2021, succeeding Jeff Vaughn, who lasted just a year in the role. Jubelirer oversees a record group that also encompasses Blue Note, Astralwerks and Capitol Christian Music Group, in addition to Motown. While its market share remains under CMG, in September indie distributor Virgin was consolidated alongside Ingrooves and mTheory into the Virgin Music Group, whose co-CEOs report directly to UMG chairman/CEO Lucian Grainge.
Motown is the latest music company to undergo layoffs in recent months, as the global economy’s outlook remains uncertain. The tech sector was hit particularly hard in that respect, with Amazon, Google/YouTube, Spotify, Twitter, SoundCloud, BMI and others shedding jobs; many cited the dwindling advertising market, which has stubbornly retracted. In October, Grainge himself addressed the advertising market’s downturn when speaking about UMG’s third quarter financials, noting that ad-supported streaming revenue grew slower than expected, up just 5.2% over the third quarter period of 2021, though it was offset by increases in other sectors such as subscription, licensing, tour merchandising and publishing.
In 2022, Motown had raised its overall market share to 0.97%, up from 0.90% in 2021. In terms of current market share — music released over the most recent 18 months — Motown grew its share from 1.18% in 2021 to 1.33% in 2022. It had remained part of Capitol’s market share during that period, despite its ostensible status as a standalone entity. Capitol’s overall market share declined from 6.81% in 2021 to 6.40% in 2022, while its current share dropped from 5.64% in 2021 to 4.97% in 2022.
Additional reporting by Gail Mitchell.
