Red Hot Chili Peppers just locked in one of the biggest catalog moves in recent memory, selling their recorded music rights to Warner Music Group for over $300 million. The deal went through WMG’s joint venture with Bain Capital, which launched last July with a $1.2 billion war chest specifically designed to scoop up major
While Drake is orchestrating his elaborate marketing campaigns for ICEMAN, the Toronto native is simultaneously building his business empire across continents and industries. His latest move involves a massive investment into Venezia FC, the Italian football club he co-owns, proving that his ambitions extend far beyond the recording studio. The club just secured over $100 million
Mary J. Blige brought her legendary catalog to life on the opening night of her first-ever Las Vegas residency, and the energy at Dolby Live Park MGM was absolutely electric. The nine-time Grammy winner and 2024 Rock & Roll Hall of Fame inductee delivered a masterclass in performance, running through 42 songs spanning her entire career,
Spirit Airlines, an small upstart company that shook the industry with its irreverent ads and deep discount fares, just announced that it has gone out of business after 34 years. The ultralow cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000 people said it had “started
Rapper Nas, a partner in the expansion, cast the first dice following the ribbon-cutting ceremony. The facility in South Ozone Park is a multi-billion-dollar expansion of the Aqueduct Race Track’s existing casino. It has more than 240 table games, including blackjack, craps, baccarat and roulette. Brian O’Dwyer, the chairman of the New York State Gaming Commission, previously
Cappadonna just took his Wu-Tang legacy from the booth to the retail floor, opening a brand new clothing store in Johnstown, Pennsylvania, that’s about way more than just moving merchandise. The Pillage, named after his 1998 album and located in the Johnstown Galleria, represents a full-circle moment for the legendary rapper as his crew prepares to
For more than 25 years, comedian Dave Chappelle has called the small village of Yellow Springs, Ohio, home. Amna Nawaz traveled there to meet with Chappelle and understand why he’s invested millions of dollars into this community, and why he believes the local public media station is crucial to the town’s future. It’s part of
The verdict, which came after states called the company an abusive monopolist, raises the prospect that Live Nation will be forced to sell Ticketmaster. A jury found that Live Nation and Ticketmaster violated federal and state antitrust laws by dominating the live music industry, capping off a blockbuster trial with a verdict that could ultimately
Manny Pacquiao versus Floyd Mayweather Jr. is no longer just about punches thrown in the ring but business power plays, according to recent reports. Manny Pacquiao reclaimed a symbolic victory in Hollywood as he rebranded a former Mayweather-linked gym into Pacquiao Prime Boxing while preparing for a Sept. 19 rematch at Sphere that is already stirring debate over its legitimacy. At one
Jim Keyes, former CEO of 7-Eleven and Blockbuster, opened up on VladTV about his humble beginnings growing up in a three-room house in suburban Worcester, Massachusetts, without indoor plumbing or heating. Despite these harsh conditions, Keyes never saw poverty as a disadvantage but rather a source of freedom and motivation. When his father fell ill
