CNET on Beats Music's growth

GROWTH BUSINESS: CNET points out that Beats Music debuted with a powerful billing and marketing partnership with AT&T, and it has reportedly been growing quickly. Though the company has yet to disclose hard and fast subscriber numbers, industry estimates peg the total at about 200k. And the WSJ notes that Carlyle Group will be a big winner if the deal goes through. The private-equity firm paid about $500m for just under 50% of Beats Electronics, meaning Carlyle’s take would be upward of $1.5 billion, or about $1 billion profit. Not bad for a seven-month-old investment. (5/9a)

WMG Q2 REVENUE UP
NEARLY 7% TO $1.49B
Call it Kyncl culture. (5/10a)
NEAR TRUTHS: INCOMPARABLE
Taylor world is an ecosystem. (5/9a)
HITS LIST: AROUND
THE MAYPOLE
The biz springs into motion. (5/10a)
BEEF BRINGS LAMAR BACK TO SPOTLIGHT
No longer keeping his diss-tance. (5/10a)
TOP 50: TAY'S THREE-PEAT, DUA'S OPTIMISM AND MORE
The most popular POETS in history (5/10a)
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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