Steve Knopper

Steve Knopper is a contributor to Billboard.

iHeartMedia's IPO Plans: Music Industry Skeptics, Optimists Weigh In

iHeartMedia's IPO Plans: Music Industry Skeptics, Optimists Weigh In

Bob Pittman, the chairman/CEO of iHeartMedia, likes to compare his broadcast-radio empire -- which reaches 275 million listeners each month and is saddled with nearly $6 billion in debt -- to a house. "It's still worth a million dollars, even if you mortgage 99.9% of it," he recently said.
How the Fallout From 'Neverland' Is Affecting the Jackson Estate's Business

How the Fallout From 'Neverland' Is Affecting the Jackson Estate's Business

Three weeks after the premiere of 'Leaving Neverland,' the effects of the disturbing documentary on the revenue streams that feed Michael Jackson’s estate do not appear to be as devastating as was predicted. The asking price for Neverland Ranch has dropped precipitously, and airplay of Jackson’s music is down, but he’s still getting more spins than Prince and Madonna, and his fans have not abandoned him: Sales and streams are up.
How the Fallout From 'Neverland' Is Affecting the Jackson Estate's Business

How the Fallout From 'Neverland' Is Affecting the Jackson Estate's Business

Three weeks after the premiere of 'Leaving Neverland,' the effects of the disturbing documentary on the revenue streams that feed Michael Jackson’s estate do not appear to be as devastating as was predicted. The asking price for Neverland Ranch has dropped precipitously, and airplay of Jackson’s music is down, but he’s still getting more spins than Prince and Madonna, and his fans have not abandoned him: Sales and streams are up.

Pages