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category_outlined / Movies, TV & Music
Billboard MagazineBillboard Magazine

Billboard Magazine April 13, 2019

Written for music industry professionals and fans. Contents provide news, reviews and statistics for all genres of music, including radio play, music video, related internet activity and retail updates.

Country:
United States
Language:
English
Publisher:
Prometheus Global Media
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29 Issues

IN THIS ISSUE

access_time4 min.
‘road’ trip: lil nas x gallops to no. 1

RISING ATLANTA RAPPER LIL NAS X BLASTS FROM No. 15 to No. 1 on the Billboard Hot 100 (dated April 13) with his debut hit, “Old Town Road.” The country-themed, genre-bending viral smash (see page 18), originally boosted by TikTok videos, among other memes, roars to No. 1 on the Streaming Songs chart, up 60% to 46.6 million U.S. streams, according to Nielsen Music. The track also wins the Hot 100’s top Streaming Gainer award for a third consecutive week. “Road” rises 11-3 on Digital Song Sales, surging by 83% to 22,000 downloads sold, as it claims top Sales Gainer honors for the second time in three weeks. The song additionally bounds by 190% to 11.9 million all-format audience impressions. It jumps 36-23 on the Rhythmic airplay chart and 38-30 on Mainstream…

access_time5 min.
billboard

Hannah Karp EDITORIAL DIRECTOR Robert Levine INDUSTRY EDITORIAL DIRECTOR Ian Drew CONSUMER EDITORIAL DIRECTOR Nick Catucci EXECUTIVE EDITOR, MAGAZINE Frank DiGiacomo EXECUTIVE EDITOR, INVESTIGATION/ENTERPRISE Silvio Pietroluongo SENIOR VICE PRESIDENT, CHARTS AND DATA DEVELOPMENT Ross Scarano EXECUTIVE EDITOR, MUSIC Denise Warner EXECUTIVE EDITOR, DIGITAL Christine Werthman MANAGING EDITOR Jennifer Martin Laski PHOTO AND VIDEO DIRECTOR Melinda Newman EXECUTIVE EDITOR, WEST COAST/NASHVILLE Jason Lipshutz SENIOR DIRECTOR, MUSIC Dan Rys NEWS DIRECTOR Leila Cobo (Miami) VICE PRESIDENT/LATIN INDUSTRY LEAD Gail Mitchell EXECUTIVE DIRECTOR, R&B/HIP-HOP Thom Duffy EXECUTIVE DIRECTOR, POWER LISTS EDITORIAL FEATURES EDITOR Rebecca Milzoff • SENIOR EDITOR Lyndsey Havens COPY CHIEF Chris Woods • INTERNATIONAL EDITOR Alexei Barrionuevo • AWARDS EDITOR Paul Grein SENIOR CORRESPONDENT Dave Brooks (Touring/Live Entertainment) • SENIOR EDITOR/ANALYST Ed Christman (Publishing/Retail) COUNTRY CORRESPONDENT Annie Reuter • SENIOR COPY EDITOR Christa Titus • COPY EDITORS Catherine Lowe, Silvija Ozols, Diane Snyder SENIOR NEWS EDITOR, WEST COAST Colin Stutz • ASSOCIATE…

access_time5 min.
iheart eyes ipo

BOB PITTMAN, THE chairman/CEO of iHeartMedia, likes to compare his broadcast radio empire — which reaches 275 million listeners each month and is saddled with nearly $6 billion in debt — to a house. “It’s still worth a million dollars, even if you mortgage 99.9% of it,” he recently said. 128M Number of registered users on the iHeartRadio app In a bid to reduce that debt, iHeart, which owns 848 radio stations, filed paperwork earlier in April for a potential initial public offering. The company cut its debt — which, at one point, was nearly $21 billion — by more than one-third last year after a court agreed to its bankruptcy plan; a successful IPO could raise money to pay off the remaining debt, allowing the once-mighty company — formerly known as…

access_time2 min.
battle over radio royalties goes west

An important legal battle over songwriter royalties is going back to Cali, in a win for Irving Azoff and his boutique performing rights organization (PRO) in its ongoing fight with radio. On March 29, a federal court in Pennsylvania ruled that it did not have jurisdiction to hear the Radio Music Licensing Committee’s antitrust lawsuit against Azoff’s Global Music Rights. That decision sent the case back to the central district of California, where GMR filed an antitrust lawsuit of its own against the RMLC, in a fight that has lasted over two years. Both parties see the location of a trial as important to their chances for victory, presumably because the Pennsylvania court seemed sympathetic to the RMLC’s arguments in a similar case against SESAC that ended in a 2015 settlement.…

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global trends

UNITED STATES Streaming brought in over half of total revenue (55.7%) in the world’s largest market for the first time in 2018, and overall digital revenue accounted for a whopping 87.9% of total sales. BRAZIL The largest market in the fastest-growing region in the world (Latin America, up 16.8%), Brazil grew 15.4% in 2018 on the strength of a 38.5% jump in digital revenue. GERMANY Revenue declined 9.9% in Germany, the only top 10 European market to see such a decrease. The country fell behind the United Kingdom to rank as the fourth-largest market, with the biggest dollar drop. SOUTH AFRICA At No. 31, South Africa is the highest-ranked African country on the list, accounting for 0.3% of global revenue, speaking to the huge opportunity on the second-most-populous continent. CHINA The No. 7 music market has plenty of room…

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how ‘whales’ dominate streaming

Casinos spend lavishly to attract “whales,” highs-takes gamblers whom they lure in with limousine rides, complimentary hotel suites and other VIP perks. Why? Because these consumers — who can individually bet between $1 million and $20 million over the course of a weekend, according to industry estimates — often have more impact on the bottom line than a floor full of slot machine-playing guppies. On the surface, that seems like an odd metaphor for the streaming music business, because all subscribers pay about the same amount of money per month. But since a relatively small percentage of those consumers spend far more time streaming, rights holders who collect royalties on streaming music would do well to treat them like whales, because they bring in most of the money. “Heavy streamers determine what…

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