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Republic Records Rules Top Three on Billboard 200 Albums Chart

With Republic Records claiming Nos. 1-3 (the label shares distribution credit with Epic on Savage Mode II), it’s the first time a label has held the top three since Republic itself did it on the July 14, 2018-dated chart. That week, Drake’s Scorpion (Young Money/Cash Money/Republic) debuted at No. 1, while Florence + the Machine’s...

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Yandel & Rapeton Founder El Guru Launch New Artist Development Venture

“I’ve been following Angel’s growth for several years,” says Yandel, whose real name is Llandel Veguilla. “I think he’s a natural A&R who truly wants to help new artists. I’m 100% convinced that with my record label, I can contribute to grow this Rapeton Approved, an idea Angel has been working on since 2016.” Y...

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Bravado CEO Mat Vlasic Resigns

Vlasic has run Bravado since 2016, joining the company from Sony Music Entertainment, where he founded and oversaw the company’s global consumer products and artist merchandise division. Bravado handles most of UMG’s major acts, including Ariana Grande, Billie Eilish and Eminem, and in 2019 revenue grew 79% to reach reached 489 million euros ($578 million...

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Universal Music Group Is Still Growing in the Pandemic: Third-Quarter Earnings Breakdown

And there’s even more good news for Vivendi investors, as UMG’s parent says it plans to hold a public stock offering for the leading music company sometime in 2022. At this point it’s unclear how much Vivendi will sell, but it’s possible it will take the same route as Access Industries did when it took...

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Sony Music U.K. Chairman & CEO Jason Iley Earns Royal MBE Honor

An MBE is one of several awards that are handed out twice a year in the U.K. for special achievements and service to the country. Honored individuals are chosen by a special committee, whose rulings pass first through the prime minister and then the Queen. Other music figures to receive an MBE — the third...

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Iconic Hitmakers Jimmy Jam and Terry Lewis to Release Debut Album as Artists

In announcing their next project, Jam said: “BMG immediately got our vision and understood where we wanted to go with this album. There was real mutual respect. We’ve found the perfect partner to kick off this next era and finally deliver our first record to the world.” The forthcoming record will feature “iconic collaborations spanning...

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Executive of the Week: 12Tone Music’s Steve Bartels

Here, Bartels speaks about the rollout and successes for both Nectar and A Holly Dolly Christmas, 12Tone’s ability to push a variety of different types of artists and projects at the same time and how 12Tone has “built a nimble, modern, forward-facing company, where titles are left at the door and we all work together...

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BTS Label Big Hit Entertainment Doubles Shares in Smash Stock Market Debut

A strong debut was expected by industry analysts given BTS’ enormous fanbase, officially termed the BTS ARMY, who are quick to pounce on virtual and physical concert tickets, album collectibles and other extensive merchandise lines. BTS accounted for more than 80% of the company’s revenue during the first half of 2020, according to a report...

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Atlanta Music Ecosystem Remains Healthy, Even With Live Industry in Crisis

Some of these proposed initiatives include creating a music advisory board that would join county, city and industry leaders to address various issues including those related to music education, policy and strategic planning. There is also a recommendation for the formal registration of home studios throughout the county, which Shapiro says would “register the value...

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Meet Me @ The Altar Formed Online and Wrote Songs By Text. Now the Punk Trio Is Signed to Fueled By Ramen: Exclusive

“I don’t want to sound cheesy, but we do think that we’re going to be one of the biggest bands in the world,” Campbell says. “We know that Fueled By Ramen will be able to take us there and give us a platform for us to be the representation for a bunch of people.” The...

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