[ad_1] Disney+, ABC, and Hulu will host the broadcast of the Grammy Awards gala from 2027, in a 10-year deal that includes hosting rights for extra Recording Academy–produced music specials and other content. The gala will stream on Disney+ and Hulu simultaneously with ABC’s network coverage, supplanting longtime home CBS. Disney Entertainment co-chair Dana Walden […]
[ad_1] Pink Floyd have sold rights to their recordings, likeness, and more in a long-rumored deal with Sony Music, Variety and Financial Times report. Songwriting rights remain with the relevant band members, according to the reports. The deal represents suggests core members Roger Waters and David Gilmour managed to come to an agreement despite an […]
[ad_1] Rod Argent—the primary songwriter, keyboardist, and founder of the wildly influential 1960s rock group the Zombies—will immediately retire from touring following a stroke. Argent and the Zombies’ team at the Rocks Management announced the news today, writing, in a statement, that Argent’s stroke occurred not long after he returned home to London from a […]
[ad_1] Enjoy complimentary access to top ideas and insights — selected by our editors. The top five community banks in our ranking have combined first mortgage loans of more than $2.8 billion as of March 31, 2024. Several banks increased their loans over the last year, with one seeing an increase of more than 18.2%. […]
[ad_1] Chris Ratcliffe/Bloomberg Marko Kolanovic, JPMorgan Chase’s chief global market strategist and co-head of global research, is leaving the bank, according to an internal memo obtained by Bloomberg News. Kolanovic, who has been at JPMorgan for 19 years, is “exploring other opportunities,” the memo stated. Dubravko Lakos-Bujas will lead market strategy and become chief market […]
[ad_1] The OCC’s new Vital Signs initiative gives bankers an important tool to help them assess the financial health and stability of their customers, and to help them build a strong foundation for the future, writes Jennifer Tescher, of the Financial Health Network.Victor Moussa – stock.adobe.com The Office of the Comptroller of the Currency’s recent […]
[ad_1] JPMorgan Chase, Bank of America, Wells Fargo and Citigroup were among the big banks that announced plans to increase their dividends following the Federal Reserve’s annual stress tests.Bloomberg The nation’s eight largest banks will all increase their dividends following affirmation from the Federal Reserve that they would have plenty of capital to power through […]
[ad_1] There’s a disconnect right now between jittery investors’ perceptions of banks’ commercial real estate exposures and the same banks’ confident assertions about those portfolios. And it’s showing no signs of easing. Concerns about the riskiness of some CRE loans, especially in the office sector, have been hitting banks’ stock prices like a game of […]
[ad_1] U.S. Bancorp in Minneapolis has promoted two longtime executives into expanded roles leading two areas of the company’s wealth, corporate, commercial and institutional banking division. Stephen Philipson and Felicia La Forgia will continue to report to U.S. Bancorp President Gunjan Kedia, the company said.JHVEPhoto – stock.adobe.com One month after U.S. Bancorp promoted Gunjan Kedia […]
[ad_1] In this edition of the American Banker news quiz, test yourself on topics such as Visa and Mastercard’s shift away from relying on interchange, the Federal Reserve’s efforts for balance sheet reduction, which financial services sector consumers trust the most and more. Click here to try out the most recent test. [ad_2] Frank Gargano Source […]
[ad_1] In a largely anticipated move following weeks of criticism from its director, the Consumer Financial Protection Bureau issued an inquiry to examine the impact mortgage closing costs and fees have on borrowers. In the past several months, CFPB Director Rohit Chopra has issued a stream of comments questioning the fairness of various housing related […]
[ad_1] In 2021, Spotify launched Car Thing, making the product available in the United States the following year. The device was described as “a new smart player that fills your car with music, news, entertainment, talk, and more.” The product is now being discontinued and will cease to be operational. The Car Thing expires on […]
[ad_1] The United States Justice Department has, as suspected, sued Live Nation Entertainment, alleging that the company, which owns Ticketmaster, holds a monopoly in the concert market. The lawsuit argues that the concert giant is breaching antitrust laws through its exclusivity contracts, threats to rivals, and leveraging of market domination over artists, resulting in inflated […]
[ad_1] Taylor Swift’s new LP, The Tortured Poets Department, has debuted at No. 1 on the Billboard 200 chart, making it her 14th studio album reach the peak. The album achieved enormous first-week sales, debuting with 2.61 million equivalent album units in the U.S. in the week ending April 25, as Billboard reports. Of that […]
[ad_1] Enjoy complimentary access to top ideas and insights — selected by our editors. The top five banks and thrifts in the ranking have combined total assets of nearly $13 trillion as of June 30, 2023. While many saw an increase in their assets over the previous year, one achieved a significant rise of 94.59%. […]
[ad_1] Live Nation Entertainment may face an antitrust lawsuit from the Justice Department as soon as next month, The Wall Street Journal reports. The agency began investigating the Ticketmaster parent for potential abuses of power in 2022, amid outcry over various ticketing failures for Taylor Swift’s Eras Tour. The lawsuit would allege that Live Nation’s […]
[ad_1] Jamie Dimon is chairman and CEO at JPMorgan Chase, while David Solomon holds those same two roles at Goldman Sachs, as does Brian Moynihan at Bank of America. Shareholders at all three banks will vote soon on whether to split the responsibilities between two people.Bloomberg The debate over splitting the chairman and CEO roles […]
[ad_1] Beyoncé has topped the Billboard charts once again. Cowboy Carter debuted at No. 1 on the Billboard 200, marking the biggest sales for an album so far in 2024, and No. 1 on the Top Country Albums chart, making Beyoncé the first Black woman to ever debut at the summit, reports Billboard. This is […]
[ad_1] The Artist Rights Alliance (ARA) has issued an open letter condemning the use of artificial intelligence (AI) to infringe upon and devalue the rights of artists. The signatories, who span more than 200 artists, include Billie Eilish, R.E.M., Kacey Musgraves, Elvis Costello, Nicki Minaj, Jason Isbell, Mac DeMarco, Aimee Mann, Jadakiss, Sheryl Crow, Chappell […]
[ad_1] Future, Metro Boomin, Kendrick Lamar’s “Like That” featuring has debuted at No. 1 on the Billboard Hot 100 chart, reports Billboard. The song is featured on Future and Metro Boomin’s new album, We Don’t Trust You, which claimed the top spot on the Billboard 200 albums chart. It’s believed that Lamar is taking aim […]
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