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Wiz Khalifa’s Father Dies at 63: Rapper Shares Tribute

Wiz Khalifa is mourning the loss of his father. On Friday (Feb. 13), the 38-year-old rapper took to social media to share an emotional tribute following the death of his dad, Laurence W. Thomaz. He was 63, according to TMZ. “Today my father decided not to wake up,” Wiz wrote on X. “I will always…

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HYBE posts record annual revenues of $1.86bn for 2025 as K-Pop firm’s concert revenues hit all-time high – but operating profit plunged 73%

South Korea-based entertainment giant HYBE has published its Q4 and FY 2025 earnings. According to the new investor filing, HYBE’s annual revenues grew 17.5% YoY to 2.65 trillion South Korean Won last year. That total revenue haul for FY 2025 converts to USD $1.86 billion at the average annual exchange rate. While HYBE’s topline grew…

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Scott Borchetta exits HYBE AMERICA

HYBE AMERICA has announced that Scott Borchetta is departing the company. Borchetta has served as the CEO of Big Machine Label Group since HYBE’s purchase of Scooter Braun’s Ithaca Holdings in 2021. BMLG was acquired by Scooter Braun’s Ithaca Holdings in 2019. The entirety of Ithaca, including BMLG and Braun’s SB Projects, was then acquired by South…

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The Empire Strikes Back: The majors and Merlin gained (a bit) of market share on Spotify last year.

It’s become a perennial trade music industry story: The combined global market share of the three major record companies and Merlin on Spotify is in decline. Well, no more. In 2025, according to Spotify, this long-running trend was actually reversed. By a sliver, anyway. Before we get into the numbers, some important clarification: This crucial…

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New Eddie Palmieri Doc, Peso Pluma Joins Adidas & Guaynaa’s Baby

From career milestones to new music releases to major announcements and those little important moments, Billboard editors highlight uplifting moments in Latin music. Here’s what happened in the Latin music world this week. Explore See latest videos, charts and news New Doc Celebrates the Life and Legacy of Eddie Palmieri A new documentary feature film, Eddie Palmieri: Sweet Sweet…

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Universal Music’s Downtown acquisition cleared by EU competition regulator

It’s a done deal. The European Commission has approved Universal Music Group‘s proposed $775 million acquisition of Downtown Music Holdings. The conditional approval is subject to UMG’s commitment to divest Downtown’s Curve royalty accounting business. The green light from the EC, announced Friday (February 13), concludes a regulatory process spanning more than a year since…

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From UMG’s approved Downtown deal to Spotify’s AI ambitions… it’s MBW’s weekly round-up

Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s Round-up is exclusively supported by BMI, a global leader in performing rights management, dedicated to supporting songwriters, composers and publishers and championing the value of music. This…

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Junior H’s Album, Julieta Venega & More Releases

New Music Latin is a compilation of the best new Latin songs and albums recommended by Billboard Latin and Billboard Español editors. Check out this week’s picks below. Explore See latest videos, charts and news Junior H & Gael Valenzuela, DEP3$$SED MFKZ Junior H’s first album in three years opens with a trilogy of songs — “No Tengas Miedo,” “En Donde…

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Jimmy Fallon Drops Sauce Project With Mottola Amid Epstein Fallout

Jimmy Fallon and longtime music executive Tommy Mottola have scrapped plans to launch a branded pasta sauce line following renewed scrutiny tied to recently released Epstein-related documents. Explore See latest videos, charts and news According to The Hollywood Reporter, Fallon and Mottola had been in early development on a pasta sauce brand that could have…

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Jason Aldean’s ‘How Far Does a Goodbye Go’ No. 1 on Country Airplay Chart

Jason Aldean secures his 26th Billboard Country Airplay No. 1 as “How Far Does a Goodbye Go” rises to the summit on the chart dated Feb. 21, having drawn 31.2 million audience impressions Feb. 6-12 (up 13% week over week), according to Luminate. Explore See latest videos, charts and news Produced by Michael Knox and…

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