Music Industry News

Liberty Media ‘Special Purpose Acquisition Company’ Schedules $500 Million IPO

The Liberty Media logo. Liberty Media, which owns the Atlanta Braves, about one-third of Live Nation, and approximately 70 percent of SiriusXM, has officially rolled out a $500 million IPO for its newly formed “special purpose acquisition company.” Colorado-headquartered Liberty Media announced the pricing of the half-billion-dollar IPO (consisting specifically of 50 million units at […]

Hip Hop News

Spinderella Blasts Salt-N-Pepa Lifetime Biopic

Lifetime’s Salt-N-Pepa biopic airs tomorrow, but not everyone is happy about it. Deidra “Spinderella” Roper, longtime DJ for the iconic rap group, is putting the film and her former groupmates on blast. Taking to Twitter, Spinderella said she was “wrongfully excluded from every aspect of development and production,” despite her contributions to the group. “Words… Read More

Music Industry News

Spotify Is Paying Thousands for Anchor Sponsorships – New Report

Photo Credit: Spotify A new report suggests Spotify is paying thousands of dollars for Anchor sponsorships. Spotify reportedly paid $154 million for Anchor in February 2019. The podcast creation tool was part of its three-pronged strategy to expand its podcasting presence. While acquisitions like Gimlet Media and Parcast bring established shows, Spotify hoped Anchor would […]