Also this week: Kendrick Lamar's "Not Like Us" hits No. 1 on the Canadian Hot 100 for the first time.
The 20-company Billboard Global Music Index dropped 2.9% despite bright spots like Cloud Music, which saw shares rise 20% following strong full-year earnings results.
In a new series, Billboard is speaking to music industry professionals affected by the L.A. wildfires about their lives and careers in the wake of the disaster.
As the genre increasingly focuses on global markets, can it find a balance between domestic recognition and international acclaim?
Also this week: Kobalt has a new GM in Stockholm, Partisan picks a CFO, the Country Hall promotes five and DTI hires Mike Faul to lead its brand partnerships division.
The "Buy U a Drank" and "I'm N Luv (Wit a Stripper)" singer says he's excited for his next chapter: "I don't plan on stopping anytime soon."
In a new court filing, Sony claims a licensing lawsuit Ultra Publishing filed against it last December is an act of "retaliation" over Sony's own lawsuit against the publisher.
Sources say the band is seeking around $350 million for the assets.
Philip Moross says the partnership will promote economic value and the creative integrity of composers' work.
He will be responsible for developing brand alliances for the production company’s many award shows and other programming.
