Coronavirus Fears Hit Music and Entertainment Stocks

Lennon Stella is making people “Jealous” with her latest music video.

The major record companies are advising employees to telecommute effective immediately due to the coronavirus.Universal Music Group’s New York staffers are already telecommuting, while a full implementation of all U.S. offices, including Nashville and Los Angeles, will take place by March 18.

Sam Hunt served as the surprise guest at Tuesday (March 10) evening’s Rhythm and Boots showcase held at Nashville’s 3rd & Lindsley. The singer took the stage for his second show of the year, and during his 45-minute set, he debuted several tracks off his forthcoming sophomore studio album Southside, due out April 3.

CMT Studios on Nashville will re-open Wednesday after closing Tuesday (March 10) for cleaning after an attendee at last Thursday's Rebuilding Nashville Telethon there tested positive for COVID-19. That news was discovered Monday by the company.

The late Bill Hearn, who rose to president and chief executive officer of Capitol Christian Music Group, will be inducted into the Gospel Music Hall of Fame at the seventh annual GMA Honors & Hall of Fame Induction Ceremony on May 6 in Nashville. Three vocal groups will also be inducted—Commissioned (representing gospel), The Isaacs (Southern gospel) and 4Him (Contemporary Christian music). These

The country music business took it on the chin at home and on the road over the last week as the genre's home base suffered a devastating tornado on March 3 and the coronavirus outbreak caused cancellations in other markets.The tornado destroyed numerous private planes at the John C. Tune Airport; decimated Donelson Christian Academy, where Lady Antebellum's Hillary Scott attended school; and hit a Kroger grocery store that numerous road bands use to board their tour buses.

Reports state that worries over the virus have stalled ticket sales

The 28th annual Tin Pan South Songwriters Festival, initially set for March 24-28 in Nashville, has been forced to reschedule due to the devastating tornadoes that hit the city earlier this week, as well as the impending threat of coronavirus.“After heavy consideration, in light of the tornado this week as well as growing health concerns over the Coronavirus, we have decided to reschedule Tin Pan South Songwriters Festival to later this year, in the summer,” said NSAI executive director Bart

This week was filled with exciting announcements and new music, punctuated by Katy Perry's big news that she is pregnant, as she revealed in a gorgeous music video for her new song "Never Worn White."In addition to Perry, the Dixie Chicks announced their return and dropped the first taste of their forthcoming album with the brassy "Gaslighter"; Lady Gaga finally announced her sixth album; and Enrique Iglesias and Ricky Martin announced a joint tour.Amid the fun news, though, Nashville was

Reese Witherspoon is overcome with emotions due to the recent natural disaster in her home state and the widespread panic over the coronavirus, among other things.

Reese Witherspoon is overcome with emotions due to the recent natural disaster in her home state and the widespread panic over the coronavirus, among other things.

Reese Witherspoon is overcome with emotions due to the recent natural disaster in her home state and the widespread panic over the coronavirus, among other things. The "Big Little Lies" actress took to her Instagram this week to let her millions of fans know just how she was feeling given the current state of chaos around her.

Atlantic Records has promoted three A&R executives, the company announced Wednesday (March 4). They include Brandon Davis and Jeff Levin, both of whom have been promoted to senior vp, A&R, and Riggs Morales, who has been upped to senior vp, A&R and artist development.

Reese Witherspoon has shared a candid post, revealing her sadness over recent world events.

The tornadoes hit Nashville on Monday night

As Tennessee continues to assess the devastation of several tornadoes that hit the city Tuesday morning, killing at least 24 people and destroying 140 buildings, concert venues and music businesses are beginning to rebuild.

Safe and sound. Carrie Underwood’s husband, Mike Fisher, and their two sons are OK after Nashville’s Tuesday, March 3, tornado.

Kobalt Music Group founder and chairman Willard Ahdritz has been tapped to receive the Music Business Association’s Innovator Award at the upcoming Music Biz Awards Dinner.

David Stouck has been named regional director, A&R at Warner Music Asia, the company was announced Friday (Feb. 21). In his new role, he will oversee A&R operations in 10 markets: China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand.