The rise in income represents the company’s largest annual percentage increase in three years. As usual, Kobalt enjoyed explosive revenue growth while widening annual losses in its most recent fiscal year filings with Companies House, the U.K. equivalent of the U.S. SEC’s EDGAR system. For the year ended June 30, 2017, Kobalt lost $34.8 million over nearly $321 million in total revenue, according to its filings which were filed April 9 and became available for viewing earlier this month. That performance compares with a $30.04 million net loss in the prior year, when revenues were nearly $260 million. With revenue growing 23.5 percent, that represents its largest annual percentage increase in three years. The statistic is even more impressive considering Kobalt no longer counts...
Neil Young is about ready to bring Crazy Horse out of the barn. The veteran rocker posted a note on his Neil Young Archives page confirming that the fitfully active group would return to the stage May 1 and 2 at Warnors Theatre in Fresno, California. “First time in a long time, live on stage. No rehearsal,” Neil tersely stated in the post, describing what will take place onstage. And considering the Horse’s reputation as a notoriously mercurial onstage creature, this news should have fans worked up in an anticipatory frenzy. The news follows Neil claiming in a Rolling Stone interview that Neil Young and Crazy Horse has “an incredible album in the can that’s a recent album. Alchemy.” Whether new material from this album will actually be debuted is anyone’s guess, but one auxiliary Horseman ...
Kehlani turned 23 on Tuesday (April 24) and she took to social media to thank her friends, family and fans for making her birthday particularly special. “getting an overwhelming amount of love in the texts dm’s comments and tags,” the songstress wrote alongside an adorable baby photo of herself in a Barney the Dinosaur birthday hat. “just wanna say a massive thank you for being so genuine to me & making me feel so warm and full today. 23 feels abundant. love y’all. #taurusszn” She also uploaded a sweet photo from her Australian tour supporting Halsey, at which she was surprised with a birthday cake on stage. “thanks team for the cakes too y’all f–king crazy,” she wrote. See below.
Earlier this month, the bill was passed by the House Judiciary Committee with a 32-0 vote. The Music Modernization Act is scheduled for a vote in the United States House of Representatives on Wednesday, with expectation the bipartisan legislation will pass. Earlier this month, the bill — which has unprecedented support from organizations across the music industry — was passed by the House Judiciary Committee with a 32-0 vote. The Music Modernization Act combines three bills. The principal of those is, confusingly, also called the Music Modernization Act, which creates an organization to collect and distribute mechanical royalties, while offering streaming services protection from lawsuits over statutory damages for copyright infringement filed after January. The others are th...
Plus: Bass discusses his work with the Environmental Media Association & how fans can get involved. Welcome to the new episode of the Billboard Pop Shop Podcast, your one-stop shop for all things pop on Billboard‘s weekly charts. In addition, you can always count on a lively discussion about the latest pop news, fun chart stats and stories, new music, and guest interviews with music stars and folks from the world of pop. Casual pop fans and chart junkies can hear Billboard co-director of charts Keith Caulfield and Billboard deputy editor, digital Katie Atkinson every week on the Pop Shop Podcast, which can be streamed on Billboard.com or downloaded in iTunes. (Click here to listen to the previous Tuesday’s edition of the show on Billboard.com). Today on the show, this must be Pop...