Bill Ackman Calls Off SPAC Deal for Universal Music Group

Jem Aswad Senior Music EditorMost fans have a favorite Beatle, but there’s not much debate about which Beatles solo album is the best: George Harrison’s epic “All Things Must Pass.”Released in November 1970, just seven months after the group’s breakup was belatedly confirmed, it has become synonymous with the concept of suppressed brilliance.

Jem Aswad Senior Music EditorMike Chester has been upped to the newly created position of Executive Vice President, Promotion & Commerce for Warner Records. According ot eh announcement, in his expanded role, Chester will continue to lead the label’s promotion department while also overseeing its strategy across streaming, digital, and commercial platforms and accounts.

Jem Aswad Senior Music EditorCharlie Watts, the Rolling Stones’ drummer since the group’s inception in 1962, is “unlikely to be available” for the band’s rescheduled U.S.

Jem Aswad Senior Music EditorOlivia Rodrigo, whose ‘Drivers License’ single and ‘Sour’ album have made her the breakout music star of 2021, has signed with Sony Music Publishing, the company announced on Wednesday (August 4).

Jem Aswad Senior Music EditorCraig D’Souza (pictured) has joined WME as a partner, music co-heads Lucy Dickins, Kirk Sommer and Scott Clayton announced today.

EXCLUSIVE: When Covid vaccines became widely available in the U.S. a few months ago, studios, talent agencies, management companies, law offices and publicity firms optimistically embraced the notion that the offices shuttered 16 months ago would be filled with employees again right after Labor Day. Now that the Delta variant has created alarming numbers of virus cases in Los Angeles and beyond, a sampling by Deadline indicates that nearly everyone has put the brakes on their plans.

Jem Aswad Senior Music EditorA day after DaBaby was dropped from the Lollapalooza lineup for his homophobic comments last week, New York’s Governors Ball canceled his performance at the festival, which takes place in September.In a tweet labeled “Stay tuned for a lineup addition,” the festival’s promoter wrote in a social media message: “Founders Entertainment does not and will not tolerate hate or discrimination of any kind.

Jem Aswad Senior Music EditorThe Weeknd teased new music early Monday morning in a snippet posted on social media called “The Dawn Is Coming” and talked generally about it in a new GQ article, calling it “the album I’ve always wanted to make.”The song has a heavy electronic dance groove reminiscent of “Alive 2007”-era Daft Punk, but with the Weeknd’s haunting, echo-laden melody soaring over it.The Weeknd teased the song with three days of hints (a wiped Instagram account followed by a new post

Jem Aswad Senior Music EditorRange Media Partners, the fast-growing management company launched last year, has entered into a worldwide distribution agreement with Capitol Music Group and Virgin Music & Artist Label Services.

Jem Aswad Senior Music EditorLive Nation has announced that Cindy Agi has joined its Concerts team as a Global Tour Promoter. In her new role, Agi will be responsible for building relationships with global touring artists and booking major international tours around the globe.Agi was previously the co-head of the hip-hop department at WME and was their first black female partner.

Jem Aswad Senior Music EditorCanadian singer-songwriter Bryan Adams, one of the most successful recording artists of the ‘80s and ‘90s, has signed a global recordings agreement with BMG to release his upcoming studio album, the company announced on Wednesday. It is his first new label deal after more than 40 years with Universal-affiliated labels, beginning with A&M, which released his eponymous debut album in 1980.In his commercial prime, Adams was one of the biggest artists in the world,

Jem Aswad Senior Music EditorThe Weeknd will be honored with the Quincy Jones Humanitarian Award at the first annual Music in Action Awards, hosted by the Black Music Action Coalition and taking place September 23 at the 1 Hotel in West Hollywood.

Jem Aswad Senior Music EditorClive Davis and New York City Mayor Bill de Blasio announced the artists who will be joining Bruce Springsteen, Paul Simon and Jennifer Hudson at the New York City “homecoming concert” in New York’s Central Park on August 21: Andrea Bocelli, LL Cool J, Kane Brown, Elvis Costello, Earth, Wind and Fire, Kenny “Babyface” Edmonds, Cynthia Erivo, Jimmy Fallon, Wyclef Jean, Journey, the Killers, Gayle King, Don Lemon, Barry Manilow, Polo G, Patti Smith, Rob Thomas with

Jem Aswad Senior Music EditorSinead Harnett, Snail Mail, Ambar Lucid, Paris Texas and 23 other acts are members of YouTube Music’s Foundry Class of 2021, which focuses on independent artists.

Jem Aswad Senior Music EditorBritish guitarist John “Hutch” Hutchinson, a key collaborator in David Bowie’s early career who performed on the original version of “Space Oddity,” died over the weekend after a long illness, according to a report on Bowie’s official website.Ours thoughts are with the family and friends of John Hutchinson who passed in hospital yesterday after a long illness.

Jem Aswad Senior Music EditorTravis Barker has signed an exclusive worldwide administration deal with Warner Chappell Music, the publishing arm of Warner Music Group, the company announced Thursday (July 22).

Jem Aswad Senior Music EditorA month after Sony Music Entertainment announced that it will waive unrecouped debts for artists who signed with the company before 2000, its publishing company has joined the program as well.

Jem Aswad Senior Music EditorColdplay have announced the release of their ninth studio album, “Music of the Spheres,” arriving on October 15.The band announced the Max Martin-produced album on Instagram via a handwritten note alongside an album trailer, which combines an animated cosmic journey through the album’s planetary artwork with short clips of the album’s 12 tracks.The band’s note also seemed to hint at further sci-fi themes with the phrase ‘Everyone is an alien somewhere’.In May, the

Jem Aswad Senior Music EditorWarner Music Group will acquire the assets of 12Tone Music, the label founded by industry veteran Doug Morris after he stepped down as CEO of Sony Music, the companies announced Tuesday (July 20).Founded in 2018 and most recently distributed by Warner’s independent label and artists services arm ADA, 12Tone’s catalog and roster include artists such as Aftermath’s four-time Grammy winner Anderson .Paak, country legend Dolly Parton, the 88 Rising collective

Pershing Square Tontine Holdings, the SPAC founded by hedge fund billionaire Bill Ackman, has pulled out of a deal to acquire 10% of Universal Music Group from French media giant Vivendi.