business

Pop: Drake’s “Scorpion” Passes 1 Million Mark After 2 Weeks, Earns $4 Mil in Streaming

On "Seinfeld" they used to say, Everyone loves the Drake. No one ever explained it, but as with most things Seinfeld, the expression was...

Broadway: Tony-Deprived “Spongebob Square Pants” Musical Will Close in September for $2.4 Billion Building Project

Another one bites the dust. Following "Escape to Margaritaville," another 2018 season musical is closing on Broadway. "Spongebob Square Pants" will shutter on September 16th....

Rolling Stone Magazine Goes Monthly, Cuts Annual Issues in Half, Sets Annual Subscription Price at Whopping $59.99

Rolling Stone magazine still gathers no moss. Recently purchased by Penske Media (Variety, Deadline), the once premier rock mag is cutting its annual number...

Charts: Beyonce & Jay Z, Kanye Are Not Selling Enough Downloads or Streams to Get Hits

Drake released a new album today. It went straight the top of iTunes, and most of its tracks are lodged on the iTunes singles...

Record Industry Coup as Prince’s Entire Catalog Moves to Sony from Warner Bros., Singer No Longer a “Slave”

Prince hated Warner Bros. He changed his name to a symbol to get away from them, and then wrote "Slave" on his face to...

Two Weeks Later: Still No Word from amFAR on How Much Cannes Celeb Gala Made

Here's a reminder: it's been two weeks since embattled charity am FAR gave its annual gala in Cannes. And there's still no word from...

Second Stunning Blow for Producer of “Roseanne” and “Cosby” as Syndication Revenue Vanishes

What happened today to "Roseanne" doesn't just affect the star who caused all this destruction. "Roseanne" is produced by Carsey Werner Television, owned by Tom...

Grammy Scandal: NARAS President Neil Portnow Under Fire as MusiCares Longtime Dedicated Chief Removed

Variety just broke a part of this story, but it's a whopper: MusiCares, the very important philanthropic part of the Grammy Awards, is...

One Week Later, amFAR Provides No Accounting for Cannes Gala, Refuses to Respond to Queries

A week ago tonight, amFAR held its annual fundraiser in Cannes at the Hotel duCap Eden Roc. Since then, there has not been a...

Record Sales Plunge as Top Artists– Justin Timberlake, U2, even Taylor Swift– Sell Fractions of Previous Numbers

Record sales are being touted these days as on a comeback. All you hear is: streaming will save us. But things are pretty dire. For...