☀️Music Labels show SPOTIFY where the profit is in Q2 streaming biz
WSJ joins Ad uncertainty as Sub growth is up / Harry tops Beyonce in week 1 #s / EZRA MILLER gets new VT court date
Mornin! This is Sean McNulty and here’s the Hollywood + Media news to know on TUESDAY August 9, 2022.
Where it was a day of loss across various sectors of the industry yesterday as I’m sure you’ve heard. While “Grease” is certainly the big headline for OLIVIA NEWTON-JOHN, she was also really one of the biggest pop stars in the US at the turn of the 80s. With music videos that definitely… embody a moment in time.
But as a pop fan you can’t argue with the music itself - “Make a Move on Me” is a personal favorite and still active in my music collection. Plus the keyboard guy in this video is just completely in his own zone 🙌.
Rest in Peace Olivia, and thanks for all of the memories that will continue to live on.
PLUS: Rest in Peace wishes also going out to:
Legendary Entertainment lawyer Bertram Fields, who died at age 93 after decades at the center of some of the most famous legal cases in Hollywood (Katzenberg v. Eisner / Disney, the Cruise v. Holmes divorce case and too many to mention really).
Noted Pulitzer-Prize winning historian David McCullough who died at 89 on Sunday, less than 2 months after his wife passed away. Among David’s many contributions to society were many books that became historical cannon, about topics from The Brooklyn Bridge to John Adams, and voicing several docus for PBS as well, including Ken Burns’ “Civil War”.
STATUS: Anne Heche is apparently listed in “extreme critical condition” and is in a coma with significant pulmonary injury from her fiery car crash.
ELSEWHERE: Harry is still on top for 2022, as BEYONCE’s 332k first week “album equivalents” came up short vs. the 521k “album equivalents” for HARRY STYLES first week, but they’re now comfortably in the #1 & #2 slots in 2022 thus far.
BTS (“Proof”) is 3rd at 314k, and KENDRICK LAMAR is 4th at 295k (“Mr. Morale & the Big Steppers”)
IN THIS EDITION:
WSJ reports impressive Digital subscriber growth… as Print takes sizable hit, and Ad Revenue has minimal growth.
Ezra Miller’s day in court set in VERMONT on new charges.
TIKTOK’s new TICKETMASTER ticket sales partnership. 💰
A look at Revenue & Profit at the Major Music Labels in Q2… vs SPOTIFY.
HBO sets high profile industry-based pilot with Sam Mendes and Armando Iannucci, and more.