The Scott Borchetta/Big Machine Label Group derby continues into the new year, as the red-hot entrepreneur/exec sorts through various elephant-bucks-plus-perks offers. Interestingly, there's been no offer thus far from WMG, which many thought was going to make a big offer to take the deal off the table. Those in the know expect the deal for BMLG to close by the end of Q1. It isn’t yet known whether the offers on the table meet or exceed the $200m Borchetta was reportedly looking for when he put the company on the block, or whether Taylor Swift will re-up with Big Machine. Swift’s continued presence would obviously have a significant impact on the size of the deal, considering 1989 is now at 4.8m TEA, while the first two singles are a combined 6.7m.
JENNIFER KNOEPFLE: THE HITS INTERVIEW
A publishing all-star tells her story. (5/7a)
LATEST SCORES: KENDRICK VS. DRAKE
Multiple lead changes in this playoff game. (5/6a)
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
| ||
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
|