Sources say the recent rumor about WME buying Todd Boehly’s Billboard-Hollywood Reporter-Dick Clark Productions media portfolio is pure vapor, and that Boehly's Eldridge Industries is seeing very little interest in the marketplace as BB and THR continue bleeding money at the rate of about $20 million per year. Many believe such rumors are being leaked to ramp up interest in DCP—the one part of the media group that remains attractive to potential buyers—but that the $1 billion asking price is thought to be very aggressive. Stay tuned.
Celebrating their Budweiser presents One Night Only album-release show at the MSG Theater, the gents of Big Machine Label Group's Florida Georgia Line pose with Big Loud Management's Craig Wiseman, Seth England, Kevin "Chief" Zaruk and Joey Moi. Seth later pointed out that he was contractually entitled to drink 15% of the Budweiser.
Broken Bow superstar Jason Aldean joined some of his favorite biz folks for this cheery photo op, although once the following people learned it would be running on this website there was much need for whiskey: (l-r) BBR Music Group VP Marketing JoJamie Hahr, NASH FM's Jesse Addy, Aldean, BBR Music Group EVP Jon Loba and VP Promo Lee Adams.
Big Machine Label Group’s Florida Georgia Line and RCA’s Britney Spears take the top two positions in the early morning race of new releases. Dig Your Roots, the third album from the team of Tyler Hubbard and Brian Kelley, sits in the pole position as one of eight rookies in the iTunes Top 10 on flipover Friday.
The latest rumor has Chinese firm Dalian Wanda Goup as the frontrunner to purchase Todd Boehly's Billboard-THR-dcp media empire. The Fortune 500 company, led by Wang Jianlin ("China's richest man," per Reuters) and founded in 1988, is China's largest commercial property company and the world's largest movie-chain operator; it recently acquired a controlling stake...
REVENUE CHART: SOMETHING YOU
CAN BANK ON
Time to fire up those calculators. (8/26a)
I.B. BAD: SEA CHANGE
The week that was will have plentiful repercussions. (8/26a)
EXCLUSIVES: YAY OR NAY? BRITISH EXECS SPEAK
In brief, they're not big fans of the practice. (8/26a)
HELP ME, WANDA
No, he's not the latest Bond villain determined to rule the world. (8/26a)
EMELI SANDÉ TEASES COMEBACK
Powerhouse singer has some unfinished business to take care of. (8/26a)