Universal Music Group Reports 17% Revenue Growth for 2022 Second Quarter

Black Pumas have cancelled their touring plans for the remainder of this year.The psychedelic soul duo – comprised of Eric Burton and Adrian Quesada – have toured heavily in recent years in support of their self-titled debut album, which came out back in June 2019.Taking to social media last night (August 15), the Austin band confirmed that they’ll be taking a break from live shows until 2023.“After four incredible years of career milestones and unforgettable live experiences around the world, we have made the difficult decision to press pause and step away from touring for the rest of the year,” they wrote in a statement.“We have the best fans in the world and appreciate each and every one of you for your support and understanding. Thank you for giving us the opportunity to know you better.” You can see the message in the tweet below.We have the best fans in the world and appreciate each and every one of you for your support and understanding.

Shakira and Piqué are trying to control the narrative and stay on good terms for the sake of the sons Shasha and Milan. The former couple is reportedly working things out to avoid a custody battle in court. As reported by Vanitatis, Piqué has always wanted to protect his and his family’s privacy.

Lady Gaga is speaking out.

With Little Mix currently on hiatus (we're fast-approaching the 100-day mark, not that we're counting), our attention's turned to Leigh-Anne Pinnock, Jade Thirlwall and Perrie Edwards' solo endeavours.

Home sweet home! Tarek El Moussa returned from his trip to Mexico, and pregnant Heather Rae El Moussa (née Young) couldn’t be more excited to have her husband back under the same roof.

Shakira and Gerard Piqué are putting their kids‘ interests first and have reached a temporary agreement on the custody of their sons Milan and Sasha. As reported by La Vanguardia, the Colombian singer and the Spanish soccer player agreed to let the minors spend half a month with their father.

Jem Aswad Senior Music EditorLive Nation posted solid results in its second quarter earnings report, with a 40% increase in revenue over the same period in 2019 to $4.4 billion, an 86% increase in operating income to $319 million, and a 50% increase in adjusted operating income $480 million.Perhaps most significantly, “We have sold over 100 million tickets for our concerts this year — more than we sold for the entire year in 2019,” CEO Michael Rapino said in a statement, adding that the company is on track for a record year.Live Nation also posted what it said is its highest quarterly attendance ever, with more than 33 million fans across 12,500 events — up 20% over the same quarter in 2019.Rapino said, “With most of the world fully re-opened, it’s clear that concerts remain a high priority for fans. Consumers are seeking out and spending more on experiences, and the growing demand we are seeing for live music and events is driving our business to record levels, far outpacing any macro issues or cost increases.” However, while many blockbuster tours, such as Harry Styles and Olivia Rodrigo, are thriving, the high number of artists on the road, combined with recession fears and lingering apprehension about mass gatherings as Covid variants continue, has caused others to perform below expectations.

SoundCloud, who last year announced that it’d be the first music platform to direct the fees of its paying subscribers to the artists they stream.SoundCloud said that it was “a more equitable and transparent way for independent artists who monetise directly with SoundCloud to get paid”.It’s an approach that’s been previously backed by many musicians who have criticised the economics of online streaming.Leading streaming services such as Spotify and Apple Music currently operate on a system where royalty payments are distributed in accordance with which artists have the most plays.But it has been criticised by smaller and up-and-coming acts, who claim that the system allows huge global names to generate vast amounts of money while leaving little for musicians who have not achieved similar success.Now, it’s been confirmed that Warner Music Group has implemented SoundCloud’s royalty system. Each artist credited with having earned royalties from a particular recording will earn a share based solely on each stream of that specific release.However, Far Out Magazine cites the results of a recent report by Media Research which found that 56 per cent of artists surveyed were making more revenue by using SoundCloud’s old pro-rata model rather than the new one.Numerous other major streaming platforms – including Spotify and Apple Music – are currently still using the pro-rota model.Upon SoundCloud introducing the fan-powered system, the company’s chief executive officer Michael Weissman said: “Many in the industry have wanted this for years.

Heather Rae El Moussa is lying low and putting her health first. The pregnant 34-year-old star was noticeably absent from a group photo of husband Tarek El Moussa's family trip to Cabo San Lucas in Mexico this week. In the caption, Tarek wrote that his entire family and children were «having a blast,» but noted, «Just missing @heatherraeyoung like crazy but doctor's orders come first!!» Heather replied in the comments, writing: «Miss my family and love you so much baby.» A post shared by Tarek El Moussa (@therealtarekelmoussa)Tarek and Heather are currently expecting their first child together, a baby boy, due in 2023. This will be the first child for Heather, and the third for Tarek, who shares Taylor and Brayden with his ex-wife, Christina Hall. While Heather has been open about undergoing IVF and her pregnancy journey, just last week, the reality TV star revealed that despite doing IVF, she ultimately ended up getting pregnant naturally.In an Instagram post, she opened up about taking the time to slow down and truly nurture her body during pregnancy. «I've always been a healthy person but I'm also ambitious so I love the busy busy go-go-go lifestyle,» she wrote.

Doing what’s best for her health. Heather Rae El Moussa (née Young) is being very careful to stay healthy throughout her pregnancy — even if it means missing out on vacation in Cabo, Mexico.

Bad Bunny has been hanging tight at the top of the Billboard album chart for a consecutive seven weeks, but everything is likely to change next week when Beyoncé makes an appearance with her newest album "Renaissance." Beyoncé released her seventh studio album, "Renaissance" last week as the first part of her trilogy.The album is likely to be a number one hit for the singer. On its first day of release, there were a projected total of 275,000 and 315,000 sales and streams, according to Hits Daily Double.

is sending the Wildcats off to camp to put on a high-stakes production of the musical  with some help from alum Corbin Bleu., a thrilling new series, arrives at the end of the month, and the latest Marvel series,, premieres on the platform on August 17.Still not sure on what you should stream next? Keep reading to check out the highlights of what’s new on Disney+ in August, and be sure to check out everything new coming to Apple TV+, Hulu, Paramount+ and more this month. What time is it? Summertime! Season 3 of  is sending the Wildcats to Camp Shallow Lake to enjoy the great outdoors, the taste of freedom and the musical .  Season 3 stars Joshua Bassett, Sofia Wylie, Matt Cornett, Julia Lester and more, with guest stars including Corbin Bleu, JoJo Siwa, Jason Earles and Olivia Rodrigo.Watch Now Jennifer Walters is a super attorney, and a 6-foot-7-inch superpowered hulk. Tatiana Maslany and Mark Ruffalo star in this new Marvel comedy series, premiering August 17 on Disney+. Watch on August 17Set five years before the events of , the newest  series stars Diego Luna, reprising his role as rebel spy Cassian Andor.

Universal Music has announced the launch of a new label called monoX in Vietnam, a partnership with multi-channel network Metub. The label will be focussed on breaking new Vietnamese artists globally.“We are able to provide a one-stop shop for artists”, says Lan Khanh Phung, GM of Universal Music Vietnam.

Shakira is having fun in the Mexican sun. The Colombian-born singer was snapped arriving in Los Cabos, Mexico, on June 24th, with her and Gerard Pique’s sons Milan, 9, and Sasha, 7, and the next day she was spotted makeup-free on the beach in a beautiful lavender swimsuit.The mother of 2 looked happy to have some time alone with her kids.

Nicole Shanahan is hitting back at rumors she had an affair with Elon Musk.

Shakira is making sure her and Gerard Pique’s children is enjoying the rest of summer away from the spotlight. The Colombian-born singer was snapped arriving in the beautiful Los Cabos, Mexico, June 24th, with Milan, 9, and Sasha, 7.

Jack Harlow, Kendrick Lamar and Lil Nas X leading the pack with seven nominations each.Harry Styles and Doja Cat are close behind the trio with six nominations, followed by Taylor Swift on five. Billie Eilish, Olivia Rodrigo, Rosalía, and Ed Sheeran are also among the nominees with nods in multiple categories.The annual awards show will take place on August 28 this year.