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Katy Perry's unprecedented success with 2010's "Teenage Dream" set the bar extremely high for a follow-up. With "PRISM" out Tuesday, Billboard spoke with Perry's executive team, including Capitol head Steve Barnett, her Direct Mgmt Group team and Capitol promotions EVP Greg Thompson about the release strategy, how things changed post-UMG-acquisition and PopChips.
SFX Entertainment is having a tough second week as a public company. Shares of the EDM-focused music promotion and media company fell as much as 11.7% to $8.95 on Thursday before rebounding slightly and closing down 7.8% at $9.50.
As previously reported, Lorde's "Royals" leads the Billboard Hot 100 for a third week. Who else are rulers (rulers …) on other song charts this week?
Miley Cyrus' chart-topping "Bangerz" album has earned the year's largest sales week for a solo woman, and the second-largest for a pop album.
As part of an internal restructuring, Cisco Suarez, SVP for Special Events, and the person in charge of producing major music-driven shows like the Latin Grammys, Premios Lo Nuestro and Premios Juventud, will report directly to Ciurana. So will Vanessa Pombo, the VP of Univision Studios. There are no plans to name a president of Univision Studios at this time.
Metropolitan Entertainment, a New York-based concert promotions, management and label company headed up by John Scher, is suing CMJ, the company behind the New York music festival -- currently underway -- and magazine for loans and interest given to CMJ in 2009 and 2010 which CMJ has allegedly avoided repayment of. Sher's company had intended to take over CMJ Networks, Inc.
Veteran English metal band Iron Maiden has ended its Maiden England world tour that began in June 2012 and played in the Americas and Europe during the past two summers. Leading this week’s Hot Tours tally with $15.2 million in ticket sales, the band scores the top ranking with revenue reported from nine of its final concerts.
In her new book “Blockbusters: Hit-Making, Risk-Taking, and the Big Business of Entertainment” (out Oct. 15, Henry Holt and Company) Elberse argues quite convincingly that in the music industry (in addition to cinema, television, books, and more) record labels are most profitable when they focus their funds on a small number of big-shot, can’t-miss juggernauts.
The jailed Pussy Riot member Maria Alyokhina has withdrawn her plea for an early release in a show of support for a bandmate who is in hospital after going on hunger strike to protest over prison conditions.
The operator of the popular file-sharing service isoHunt, which the courts have declared a massive copyright scofflaw, is shutting down to settle a long-running lawsuit from the Motion Picture Association of America, according to court records lodged today.
The Recording Industry of America (RIAA) announced seven artists who received their first Gold or Platinum Digital Single Awards.
Now we can see why YouTube placed such high importance on controlling its mobile experience: It is well on its way to becoming a mobile-first company. During yesterday’s earnings call, Larry Page announced that 40 percent of YouTube’s traffic was coming from mobile devices. That’s up from 25 percent a year ago, and six percent in 2011.
All Things D
HMV continues to struggle on the high street, but the firm has launched a new app for Android and iOS devices today that it hopes will drive some much-needed growth to its business in the UK.
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