EXPLOREMY LIBRARY
Movies, TV & Music
Billboard Magazine

Billboard Magazine March 14, 2020

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:
MRC Media, LLC
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29 Issues

in this issue

4 min.
most wanted: lady gaga launches with ‘stupid love’

LADY GAGA LANDS HER HIGHEST DEBUT ON THE BILLBOARD Hot 100 in nearly a decade as “Stupid Love” soars in at No. 5. The superstar earns her 16th Hot 100 top 10 and her top entrance since “The Edge of Glory” bowed at No. 3 in May 2011. She last reached the region with “Shallow” (with Bradley Cooper), which became her fourth No. 1, on the March 9, 2019-dated chart. Following its release, along with its official video, on Feb. 28, “Stupid Love” launches at No. 1 on Digital Song Sales with 53,000 sold, according to Nielsen Music/MRC Data, arriving as Gaga’s seventh leader on the list. It begins at No. 9 on Streaming Songs with 19.7 million U.S. streams and at No. 40 on Radio Songs with 23.7 million in audience.…

5 min.
concert industry faces cruel, cruel summer

FOR WEEKS, AS THE threat of the coronavirus loomed in China, then in Europe, the concert business seemed to hold its breath—waiting to see if, and how much, the United States would be affected. That changed on March 6, when South by Southwest (SXSW) announced it would cancel its annual event in Austin, which was scheduled to take place March 13-22. On March 9, after the weekend, the dam broke: Pearl Jam and Zac Brown Band announced that they were postponing their tours, and Billboard reported that Coachella would be rescheduled for October. By then, the stock market had already fallen 7.8% and Live Nation’s shares were down by one-third. By March 11, the market was officially in bear territory, while Live Nation stock had declined 16.6%. Ten of the most powerful…

2 min.
can indie promoters survive the virus crisis?

AS THE CORONAVIRUS FORCES A WAVE of concert cancellations, one group is especially vulnerable to the upheaval: independent concert promoters who lack the resources and scale of giants Live Nation and AEG. “It has the potential to really hurt a lot of people in the industry and drive some out of business,” says British Columbia promoter Jim Cressman. The consultants and staging companies that support the indie music business are already struggling, he adds. The past decade has already been difficult for promoters who stayed independent while Live Nation went on an unprecedented growth spree fueled by over 100 acquisitions since 2010. During the same period, its smaller rival, AEG, bought significant stakes in indie powerhouses like The Bowery Presents and Australia’s Frontier Touring, leaving less space in the market for companies…

3 min.
u.s. complicating touring for foreign acts

WIND ROSE, AN Italian black-metal band that sings about Tolkien lore, isn’t exactly poised to become the next U2. But it did have a music video that racked up 2.5 million YouTube views, so when the like-minded Russian band Arkona invited the group to open last year’s Pagan Rebellion club tour in the Midwest, Wind Rose was thrilled to try to jump to the next level. Then it ran into a force even more powerful than Sauron himself: U.S. Citizenship and Immigration Services. The process of acquiring touring visas, which lets foreign music groups work in America for a year, costs roughly $3,000 to $5,000 and has always been a “pain in the ass,” says veteran agent Tom Windish. But since President Donald Trump took office in 2017, agents, managers and attorneys…

2 min.
market shock socks rock stocks

IF STOCK MARKETS represent the wisdom of crowds, such as it is, the smart money now says that the global economic slowdown that the coronavirus set off will be here for some time. Unsurprisingly, companies with businesses that depend on public gatherings have fared especially poorly: Since Feb. 24, the stock price of Live Nation has dropped 16.6% to $42.01 as of March 11, while that of German promoter and ticketing company CTS Eventim has declined 6.9% and the Madison Square Garden Company is down 9.5%. So far, market reaction seems purely anticipatory: Live Nation has twice said publicly that the coronavirus hasn’t affected ticket sales, and anecdotal evidence suggests that Americans are still going to see concerts and sports games. The decline is also happening at a time when many…

5 min.
in chile, concert promoters face more than a virus as political protests take toll

VIÑA DEL MAR, CHILE— As the spread of the coronavirus forces promoters around the world to cancel and postpone concerts, music executives in Chile are dealing with another kind of epidemic: protests and political rallies that add costs, complications and concerns about security to productions throughout the country. Chile, traditionally one of the safest and most politically stable countries in Latin America, underwent a political shift last October during the estallido social (“social explosion”), a series of nationwide protests against the economic policies of right-wing president Sebastián Piñera. After years of malaise that have seen the erosion of education, health and retirement benefits, protesters are demanding constitutional reform. (The “social explosion” term refers to protests that are not centered on one issue, region or faction — hence the term “explosion.”) Now…