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Pandora Gets $480 Million From Sirius XM

Pandora is getting a $480 million investment from Sirius XM and selling its Ticketfly business to Eventbrite for $200 million as the internet-radio pioneer tries to revive its business and find a possible buyer. The deals will help Oakland, California-based Pandora grapple with widening losses and a tepid outlook for its online music business. The […]

American Idol to Return

ABC has reached an agreement with FremantleMedia to bring American Idol the singing competition that birthed a reality TV movement back. The agreement comes a little more than a year after the series went off the air after 15 seasons on Fox. ABC announced the deal on Tuesday’s “Good Morning America.” The show will be […]

Carrie Underwood Leaves Sony

After a 12-year partnership with Sony Music’s Arista Nashville imprint, Carrie Underwood has signed a new worldwide record deal with Universal Music Group, it was announced Tuesday. The seven-time Grammy winner will team up with Capitol Records Nashville as part of UMG for the next phase of her career. “Already a top tier force in […]

Rag’n’Bone Man – Human (Official Video)

Tune of The Week

$2 Million For 30 Seconds in Grammys Broadcast

ABC Television network is collecting about $2 million per 30-second ad spot in the 89th Academy Awards broadcast. ABC announced Friday that it had sold all its commercial inventory for the Feb. 26 awards show at the Dolby Theatre in Hollywood. CA. The program will be hosted by ABC comedian Jimmy Kimmel. In 2016, ABC […]

Sprint Purchases 33% Stake in Tidal

Sprint has acquired a 33% stake in Jay Z’s streaming service Tidal, the two companies announced today (Jan. 23). A source familiar with the matter tells Billboard that the purchase was for $200 million and that Jay and each of the company’s two dozen artist-owners will remain part owners. As part of the deal, Tidal […]

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