The only sure thing in this earnings season is unpredictability. While the global economy remains resilient in the face of U.S. tariffs, and U.S. gross domestic product grew 3% in Q2, stocks took a hit from a weak U.S. jobs report on Aug. 1, and some experts believe a constant drip, drip, drip of negative developments will cause “death by a thousand cuts.”

Music companies’ early results also offered mixed signals. Spotify, the first music company out of the gate on July 29, posted solid year-over-year growth but disappointed investors with weaker-than-expected guidance for the third quarter. Spotify shares dipped 11.6% as a result. Two days later, Universal Music Group (UMG) posted 4.5% revenue growth and 8.5% subscription growth. But investors were hesitant — was it a lack of margin improvement or concerns about cash flow? — and UMG’s share price dipped 5.2% the following day.

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Below are summaries, listed in alphabetical order, of every music company to report second quarter earnings as of July 31. Billboard will update the page as more results are announced. (If the summary includes a hyperlink, click on it to get the full story.)

  • Deezer: Total revenue was flat at 267.1 million euros ($298.1 million), and subscribers fell 7.6% to 9.2 million (subscriptions through B2B partnerships fell 21% to 3.9 million). But the French music streamer managed its costs, resulting in improved operating loss and adjusted EBITDA. The company reiterated its belief that it will finish 2025 with both positive cash flow (for the second consecutive year) and positive adjusted EBITDA. Go here for the full article.  
  • SiriusXM: SiriusXM reported that overall revenue of $2.14 billion in the second quarter fell 2% from the year-ago quarter, pressured by lower subscriber growth, a legal settlement and higher operating expenses. The satellite radio giant is rolling out a new $7 subscription option to try to boost lagging ad revenue and subscriber growth. SiriusXM CEO Jennifer Witz said they will cautiously roll out the new offering, as they push other initiatives aimed at improving their standing amid a “challenging…ad market.” The full story is here.
  • Spotify: The streaming giant enjoyed another quarter in which it beat its own subscriber and monthly user growth targets, but a lukewarm financial forecast from executives and lower quarterly operating income due to currency fluctuations and taxes caused a sharp one-day selloff in its stock. Check out our article about the earnings release and a follow-up story with takeaways from the company’s second quarter results. 
  • Universal Music Group: Revenue increased 4.5% to $3.38 billion while recorded music subscription revenue rose 8.5% to $1.36 billion (all growth figures in constant currency). Elsewhere, music publishing soared 14.5% with a boost from Chord Music Partners, but both merchandising and physical recorded music dipped. For more, read our earnings story and a follow-up article with takeaways from the results. 

Cardi B and Stefon Diggs are still going strong. After being hit with rumors of a possible split, the rapper and NFL star put those claims to rest with a raunchy exchange on Instagram over the weekend.

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Ahead of her gig hosting WWE’s SummerSlam, Cardi posted a photo to IG on Aug. 1 showing off her new Liem Homme outfit.

Diggs hopped into the comments section with a series of tongue emojis. “* snifffs BBL,” he wrote. The comment went viral on social media, compiling more than 31,000 likes as of press time.

Cardi flirted back at her man: “@stefondiggs that’s how I got you stuck.”

The exchange played into a false rumor that had previously picked up steam on social media, which allegedly found Diggs saying that Cardi’s BBL “smelled bad.” That doesn’t seem to be the case, as the couple had some fun with the misleading claims.

According to Complex, the Grammy-winning rapper addressed the bogus claims in an X Spaces. “First of all, I don’t know who made that up. But b—h, that’s you,” she said. “That’s on you, b—h. That could never be me… B—h, I was a f—king stripper, you had to smell good all the time … I was raised by women.”

Cardi B was unbothered and in her glory while hosting WWE’s SummerSlam at MetLife Stadium on Saturday night (Aug. 2). The Bronx native stepped to the ring with a hard-hitting theme song that could land on her Am I the Drama? sophomore album, which is slated to arrive on Sept. 19.

Diggs and Cardi B have been dating since the early part of 2025. They confirmed their relationship when appearing courtside at a New York Knicks game in May.

HUNTR/X’s “Golden,” from the soundtrack to the hit animated film KPop Demon Hunters, adds a third nonconsecutive week at No. 1 on both the Billboard Global 200 and Billboard Global Excl. U.S. charts. Three weeks earlier, the song became the first leader on each list for the act, whose music is voiced by EJAE, Audrey Nuna and REI AMI.

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Notably, the track surpasses 100 million weekly streams worldwide for the first time.

The Billboard Global 200 and Global Excl. U.S. charts, which began in September 2020 rank songs based on streaming and sales activity culled from more than 200 territories around the world, as compiled by Luminate. The Global 200 is inclusive of worldwide data and the Global Excl. U.S. chart comprises data from territories excluding the United States.

Chart ranks are based on a weighted formula incorporating official-only streams on both subscription and ad-supported tiers of audio and video music services, as well as download sales, the latter of which reflect purchases from full-service digital music retailers from around the world, with sales from direct-to-consumer (D2C) sites excluded from the charts’ calculations.

“Golden” crowns the Global 200 with 113.4 million streams (up 15% week-over-week) and 10,000 sold (up 24%) worldwide in the week ending July 31. The song surpasses 100 million global weekly streams for the first time, boosted by a remix by David Guetta, released July 25.

Alex Warren’s “Ordinary” holds at No. 2 on the Global 200 after 10 weeks on top beginning in May; Saja Boys’ “Soda Pop” — also from KPop Demon Hunters — pushes 5-3 for a new high; Justin Bieber’s “Daisies” keeps at No. 4, after reaching No. 3; and BLACKPINK’s “Jump” falls 3-5, two weeks after it launched at the summit.

“Golden” rules Global Excl. U.S. with 85.2 million streams (up 16%) and 5,000 sold (up 29%) outside the U.S.

“Jump” holds at No. 2 on Global Excl. U.S., two weeks after it opened at No. 1; “Ordinary” is steady at No. 3, following eight weeks at No. 1 starting in May; Faheem Abdullah’s “Saiyaara” repeats at its No. 4 high; and “Soda Pop” bubbles up 6-5 for a new best.

The Billboard Global 200 and Billboard Global Excl. U.S. charts (dated Aug. 9, 2025) will update on Billboard.com tomorrow, Aug. 5. For both charts, the top 100 titles are available to all readers on Billboard.com, while the complete 200-title rankings are visible on Billboard Pro, Billboard’s subscription-based service. For all chart news, you can follow @billboard and @billboardcharts on both X, formerly known as Twitter, and Instagram.

Luminate, the independent data provider to the Billboard charts, completes a thorough review of all data submissions used in compiling the weekly chart rankings. Luminate reviews and authenticates data. In partnership with Billboard, data deemed suspicious or unverifiable is removed, using established criteria, before final chart calculations are made and published.

August has arrived, and with it comes the first whispers of autumn. There’s still a bit more summertime left in the tank, however, as several of hip-hop’s biggest stars reminded us over the past week.

Last Friday (Aug. 1), superstar producer Metro Boomin unveiled a lush tribute to Atlanta’s futuristic era with his A Futuristic Summa mixtape, featuring collaborations with both titans of that era (J Money, Roscoe Dash, Young Dro, etc.) and new-gen talent (BunnaB, Breskii, YK Niece, etc.). Crafted with the same intentions Tyler, the Creator funnelled into Don’t Tap the Glass, Metro’s new DJ Spinz-hosted project aims to keep the dancefloor full and active for the party, afterparty, and even the afters.

The next day (Aug. 2), Cardi B kicked off night one of WWE SummerSlam 2025 with a preview of a new song — one that many presumed was a taste of her long-awaited forthcoming sophomore LP, Am I the Drama? Due Sept. 19, Cardi’s new album is a little over a month away, and surprises like her SummerSlam appearance are keeping the rollout at the top of everyone’s timelines.

Spike Lee, Denzel Washington and A$AP Rocky carried that late summer energy into Monday (Aug. 4) with the debut of the trailer for their forthcoming Highest 2 Lowest film. “Don’t sleep on A$AP. In this film, Denzel and A$AP go toe-to-toe,” Spike teased during a Tonight Show interview last week (July 31). “What’s interesting is, even before I got involved with this film, I always thought that A$AP looked like he could be Denzel’s son. There’s a big resemblance. So when you see it on the screen, it adds an element of father and son.”

With Fresh Picks, Billboard aims to highlight some of the best and most interesting new sounds across R&B and hip-hop — from Knowledge the Pirate and Roc Marciano’s new link-up to Kehlani’s kaleidoscopic reimagining of her latest hit. Be sure to check out this week’s Fresh Picks in our Spotify playlist below.

Saja Boys’ “Your Idol” enters the top 10, as Morgan Wallen and Tate McRae’s “What I Want” climbs into the top 3, and Ravyn Lenae’s “Love Me Not” sits at No. 6. 

Tetris Kelly: It’s a takedown on the chart as Kpop Demon Hunters continues to surge. This is the Billboard Hot 100 for the week dated Aug. 9. At last week’s same spot are Gaga and Bruno. “Your Idol” joins the top 10. Shaboozey is locked at 8, as is “Lose Control” at 7, Ravyn Lenae at No. 6 and “Just In Case” at 5. Justin Bieber slips a spot to 4, while Morgan and Tate rise to 3. “Golden” spends another week at its No. 2 peak. And with 9 weeks at No. 1, it’s Alex Warren with “Ordinary.”

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Alex Warren’s “Ordinary” holds at No. 1 on the Billboard Hot 100, while two adversarial acts from KPop Demon Hunters take their battle to the top 10.

“Ordinary” adds a ninth week atop the Hot 100. The song has spent all its weeks on top consecutively, having become Warren’s first leader on the chart.

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Meanwhile, “Golden,” by HUNTR/X — the trio of EJAE, Audrey Nuna and REI AMI — holds at its No. 2 Hot 100 high, as “Your Idol,” by Saja Boys — Andrew Choi, Neckwav, Danny Chung, Kevin Woo and samUIL Lee — reaches the top 10, bounding 12-9. The songs, each act’s first top 10, are from the hit Netflix animated film KPop Demon Hunters and its soundtrack, which notches a second week at its No. 2 best on the Billboard 200 albums chart. It rules the Soundtracks chart for a sixth week.

Browse the full rundown of this week’s top 10 below.

The Hot 100 blends all-genre U.S. streaming (official audio and official video), radio airplay and sales data, the lattermost metric reflecting purchases of physical singles and digital tracks from full-service digital music retailers; digital singles sales from direct-to-consumer (D2C) sites are excluded from chart calculations. All charts (dated Aug. 9, 2025) will update on Billboard.com tomorrow, Aug. 5. For all chart news, you can follow @billboard and @billboardcharts on both X, formerly known as Twitter, and Instagram.

Luminate, the independent data provider to the Billboard charts, completes a thorough review of all data submissions used in compiling the weekly chart rankings. Luminate reviews and authenticates data. In partnership with Billboard, data deemed suspicious or unverifiable is removed, using established criteria, before final chart calculations are made and published.

At some point, (nearly) every member of 1960s made-for-TV boy band the Monkees appeared on the series Boy Meets World. According to the latest episode of the rewatch Pod Meets World show hosted by three of the stars of the beloved 1990s sitcom — Danielle Fishel, Will Friedle and Rider Strong — before a season eight episode directed by the band’s drummer/singer Micky Dolenz that featured his former bandmates Peter Tork and Davy Jones, Dolenz got an earful on set from another boy band star.

Dolenz fist got behind the camera for the season six episode “Bee True,” during which then-contemporary boy band *NSYNC dropped by to visit and, according to Strong, group member Justin Timberlake inadvertently dissed Dolenz. “So we were at craft services and it was me and Justin [Timberlake] and I guess Lance [Bass] or whoever else, having a conversation about, like, what’s next [for the group]? And Justin was like, ‘Yeah, they want us to do, like, a TV show, you know, like with the band acting,’” Timberlake said in reference to what sounds like a modern version of 1966-1968 show The Monkees, in which the four musicians in the band played heightened versions of their goofy selves while reliably busting into song several times an episode.

When Strong sighed and asked if JT, Bass, Joey Fatone, JC Chasez and Chris Kirkpatrick were considering going down that path, he said Timberlake was like, “‘Yeah, we really don’t wanna do that’ and were both just of acknowledging that’s kind of crappy, cheesy… a hokey idea. And Micky Dolenz grabbed a handful of nuts from craft services and said, ‘Why? Why not? Why not?’”

Strong recalled Timberlake trying to dance away from the red face moment after realizing who he was talking to and stammering, “Ohhhh! Well, uh, it’s just not, well, we’ll see, we’re on tour… maybe [we’ll do it]… I don’t know why we wouldn’t.”

Timberlake, 44, recently revealed that he had been quietly battling the effects of Lyme disease for his entire Forget Tomorrow world tour, which kicked off in April 2024 and wrapped up on July 30.

Listen to the Pod Meets World episode here (JT talk begins around 42:45 minute mark).

Sabrina Carpenter‘s signature “Juno” arrest had TWICE the star power at Lollapalooza over the weekend.

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During her headlining set at the Chicago festival Sunday night (Aug. 3), the pop star gave the girl group’s Momo, Jihyo and Sana a sweet shout-out while “arresting” them for being beautiful. The playful faux arrests are a nightly tradition on Carpenter’s Short n’ Sweet Tour, which has previously seen the Grammy winner give handcuffs to everyone from Millie Bobby Brown to Salma Hayek before diving into “Juno.”

“Damn, we have some beautiful people in this audience tonight, but there are three girls I can’t take my eyes off of,” Carpenter said at Lolla as a Jumbotron cameras projected the TWICE ladies on the big screens. “I was gonna say, ’cause I had to look not once, but twice.”

“Are you guys single, by chance?” continues the singer as Momo, Jihyo and Sana wave and blow kisses. “Would you guys want to get married, maybe? If I were to give you these handcuffs, then I could marry all three of you, right?”

Carpenter went on to perform fan-favorite “Juno” from her Billboard 200-topping album Short n’ Sweet, but not before blowing the three K-pop stars a kiss. The sweet interaction was just one of several memorable moments in the Girl Meets World alum’s festival-closing set, with Carpenter also at one point performing “Let’s Groove” and “September” with special guests Earth, Wind & Fire.

TWICE and Carpenter go way back. In 2023, the latter presented the former with the Breakthrough Artist Award at that year’s Billboard Women in Music Awards, where she gushed about her love for the girl group on the red carpet.

“I’ve been following them for quite a long time now,” she told Billboard at the time. “I’m obsessed with them, I’m just a really huge fan. They’re all so beautiful, they look like dolls. They’re gorgeous.”

Carpenter is now gearing up to release her new LP, Man’s Best Friend, on Aug. 29. The project was led by Billboard Hot 100-topping single “Manchild,” and just a couple of days prior to her Lolla set, the star unveiled the album’s full tracklist.

The five-part Magic City: An American Fantasy docuseries is coming to STARZ on Aug. 15, and the premium cable network released another star-studded trailer on Monday (Aug. 4) featuring appearances from Drake, Quavo, 2 Chainz and executive producer Jermaine Dupri.

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Drake, whose DreamCrew Entertainment is also on board as an executive producer, is featured raving about the famed ATL strip club, even championing it. “It’s one of the wonders of the world,” Drake says in the clip. “Magic City became this place for people to flourish, Black music to flourish.”

Quavo went as far as saying that there “wouldn’t be a Migos without Magic City,” pointing to the jiggle joint’s cultural cache around Atlanta’s hip-hop scene.

Club founder Michael “Mr. Magic” Barney, NBA star Shaquille O’Neal, Nelly and Big Boi also appear in the clip. Shaq Diesel revealed he signed his nine-figure $120 million contract with the L.A. Lakers in the ’90s while inside Magic City.

After seeing the reception to “B.O.B” inside Magic City, Big Boi recalled thinking with his Outkast partner André 3000 that they had another hit on their hands.

There’s plenty of bottles popping, money flying and dancer acrobatics showcased throughout the teaser, which will also delve into the crime that Magic City got tied up in as well, with owner Michael Barner being convicted on drug conspiracy charges, for which he served seven years in federal prison.

Magic City: An American Fantasy is a riveting behind-the-curtain look at one of the most unique places in Black culture,” Kathryn Busby, president of original programming at STARZ, said in a statement. “The docuseries’ unprecedented insider access and history unveiled from those who built its empire is a perfect complement to STARZ’s slate of adult, culture-driving shows.”

Magic City: An American Fantasy debuted at SXSW in 2024, and the first of five episodes will premiere on STARZ come Aug. 15.

Watch the trailer below.

Beyoncé is still rocking her Levi’s jeans, but fans have reason to suspect that she’ll soon trade them in for leather as she gears up to release her highly anticipated “Act III” album.

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In a commercial posted Monday (Aug. 4) for Bey’s ongoing partnership with the denim company — which sprung from the title of her Cowboy Carter hit “Levii’s Jeans” — the superstar appears as “The Denim Cowboy,” riding into town on a horse and hustling a group of men at a game of pool. After her opponents drop their pants as penance for losing the game, Bey exits a bar on a motorcycle.

The Hive was quick to point out that the 35-time Grammy winner’s methods of transit in the ad could symbolize her transition from the country-inspired Cowboy Carter era to the rollout for her next album, which fans overwhelmingly believe will have a rock sound. “Beyoncé arrived on a horse and left on a motorcycle,” one person wrote on X. “The visual storytelling is real. It’s being made clear that we are on the road to rock with ACT III.”

“Beyoncé ends the COWBOY CARTER era leaving on a motorcycle, officially beginning the ACT III era,” another fan mused, while a third person added. “She comes in on a horse, leaves on a motorcycle … It’s rock.”

The commercial comes shortly after Bey made history with her summerlong Cowboy Carter Tour becoming Billboard Boxscore’s highest grossing country tour in history. The trek — which spanned late April through the end of July — grossed $407.6 million with 1.6 million tickets sold.

The Destiny’s Child alum’s exploration of country music on 2024 Billboard 200-topper Cowboy Carter followed 2022’s Renaissance, which found Bey focusing on dance and house music. The projects serve as the first two parts in an album trilogy that will presumably end with the singer choosing a third genre to focus on, which fans have long speculated will be rock.

Watch Bey’s Levi’s ad above.