Universal Music Group (UMG) has made several personnel changes to the leadership teams within Universal Music India (UMI). In a breakdown of the changes emailed to DMN this morning, UMI described the changes as part of an ongoing effort to “reinforce” …
Author archives: Marsha Silva
Jay-Z, Yo Gotti File Second Lawsuit Against Mississippi Department of Corrections Over ‘Barbaric Conditions’
Jay-Z and Tennessee native Yo Gotti have filed a second lawsuit against the Mississippi Department of Corrections, once again stemming from the state’s failure to address the alleged mistreatment and abuse of inmates at the Mississippi State Penitentia…
VEVO Expands Into Australia and New Zealand
As part of an ongoing effort to establish a foothold in potentially lucrative (and possibly overlooked) markets, music video platform Vevo has set its sights on Australia and New Zealand. The music video platform revealed today that it intends to open …
BTS label Big Hit Entertainment Is Rapidly Moving Forward With IPO Plans
It seems that BTS label Big Hit Entertainment will be going public much sooner than anticipated. After being valued at over $1 billion last summer (a figure that, though impressive at the time, has since been proven to be far too low), Big Hit execs i…
Storied Chrysalis Records Reemerges as a Frontline Label
Fifty-two years after its founding, the storied Chrysalis Records is reemerging as a frontline label. The record company’s officials announced today that their brand would relaunch as part of an agreement with Partisan Records, a Brooklyn-based indepen…
Ticketmaster, StubHub Execs Are Testifying Before a Congressional Panel on Excessive Ticket Costs
Congress’s continued effort to curb deceptive ticketing practices and lower ticket prices has taken the form of a comprehensive hearing, at which executives from America’s leading ticketing companies have been called to testify. A House of Representati…
YG’s 4Hunnid Label Inks a Joint Venture Deal With Epic/Sony
Rapper YG has inked a JV deal between his label, 4Hunnid, and Sony Music Entertainment’s Epic Records. Per a deal first tipped by Variety this (Wednesday) morning, the Compton rapper will tie with Epic/Sony on all future works. The deal spans distribut…
Massive K-Pop Festival In Los Angeles Canceled Over Coronavirus Fears
The coronavirus epidemic has forced Los Angeles’s Korea Times Music Festival (KTMF) to postpone its annual event. The 18th annual Korea Times Music Festival was scheduled to take place on April 25th, but due to “current travel restrictions in Asia,” th…
Anghami Says They’re Juggling Multiple Investment and Acquisition Offers
Anghami, the leading music-streaming service for residents of North Africa and the Middle East, claims to be fielding multiple equity-investment offers and acquisition proposals. In a recent interview, Anghami co-founder Elie Habib confirmed previous r…
British Ticket Scalping Duo Makes $9 Million In Profits, Gets 6+ Years In Prison
In a landmark decision, a UK-based ticket scalping duo has been sentenced to six-plus years behind bars. In a decision that’s likely to make would-be ticket redistributors think twice, two British ticket scalpers have been sentenced to a total of more …