The Billboard Global Music Index fell 4.8% to 1,744.64 this week as 17 of its 20 stocks were losers and six fell more than 10%.
Also this week: Billboard Canada is celebrating the trailblazing women of Canadian music.
The numbers look good — on the surface. But corporate cutbacks point to serious structural challenges in the industry.
Also this week: All My Friends finds a head of creative content, Downtown is down with David Driessen and Sony Music Publishing Scandinavia promotes a pair.
The one-day event will feature a series of panels and thought leadership discussions, followed by the Billboard Live Music Awards.
Other recent signings include Portugal. The Man, Weyes Blood, Cheat Codes, googly eyes and more.
“Show up early, stay late, call everybody back, and be grateful,” he says.
From industry galas to consumer showcases, a complete rundown of the events that will bring the music business together in New York this week.
"When you look at what Missy managed to put on that stage, and SWV and Xscape and their years of musicality, you can’t put an age on that. And audiences are turning out."
Led by Chinese music streamer Cloud Music and K-pop giant HYBE, the Billboard Global Music Index rose 0.2% to 1,832.97.
