GETTING A REID ON L.A. SITUATION: While there’s been no official word on the subject, the smart money is now on L.A. Reid getting a new deal to stay on at UMG. With new ruler Lucian Grainge rumored to be drawing up the blueprint for a remodeling of the company’s East Coast operations, most believe he would be loath to lose one of UMG’s most prolific rainmakers. “Why would Lucian not want L.A. on his team?” stated one attorney. “He made some of the biggest albums of the last 20 years.” Reid’s impressive CV includes TLC (whose biggest album sold 7.3m in the U.S.), Toni Braxton (with two 5m sellers), Usher (9.8m),OutKast (5.7m) and Pink (5.5m) at LaFace; Avril Lavigne (6.8m) and Dido (4.2m) at Arista; Mariah Carey (5.9m), The Killers (3m), Kanye West (3.2m), Rihanna (2.6m) and Justin Bieber (1.9m and counting) at IDJ. The still-unresolved situation begs the question: What would IDJ look like without Reid? (11/4a)
SONG REVENUE: CALM BEFORE THE STORM
J. Cole has his moment; Future-Metro have another big payday. (4/19a)
WARNER CHAPPELL ROPES IN RED CLAY STRAYS
Another big get for Guy and Carianne (4/19a)
THE COUNT: COACHELLA, FROM THE COUCH
The coziest way to experience the fest (4/19a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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