5 Things You Missed in Music Business News
Things are constantly changing in the music industry and it’s important to stay on top of trends and news updates, especially as an independent artist. We’ve got you covered with a weekly recap of the top stories you need to know.
Atlantic Records U.K. President Resigns After Shocking Run-DMC Costume
Former President of Atlantic Records U.K., Ben Cook, recently resigned due to backlash over a racially-insensitive Halloween costume he wore to an event seven years ago. Allegedly, he dressed as a member of Run DMC and wore blackface as part of the costume. The incident was recently brought back to light. Since the news broke, there has been significant outrage from the public, which caused Cook to step down. Mark Mitchell has taken his place as president.
Tekashi69 Signs $10 Million Deal While In Jail
Tekashi69 has been causing quite a stir in the media lately! While awaiting his sentencing for racketeering charges, he signed a deal with the independent record label, 10k Projects. 10k Projects is run by Elliot Grainge, son of UMG CEO/President Lucian Grainge. The deal is rumored to be $10 million for two albums. Is this a good deal?
Political Protests Means No Rolling Loud Hong Kong
Rolling Loud was set to host their first festival located in Asia but it has all come to a sudden halt. Due to the political protests in Hong Kong, authorities determined it wasn’t safe for fans or performers to go through with the festival. Maybe next year!
Travis Scott’s “Highest In The Room” Hits Number One
“Highest In The Room,” the latest single from Travis Scott, has debuted at #1 on the Rolling Stones Hot 100 chart. The record was produced by OZ and Nik D.
Amazon Is Putting On A Music Festival
Intersect, the music festival by Amazon Web Services, announced the line-up for its upcoming event. The festival is said to feature Kacey Musgraves, Beck, Foo Fighters, Anderson .Paak, Leon Bridges, Chvrches, Brandi Carlisle, and Jamie xx. The tech giant also put out word that there will be a video arcade and a mega-sized ball pit with over 200,000 balls inside for attendees to enjoy. Lastly, the festival will feature a female-run team and operating 500 intel drones across the venue.