In an open letter, TikTok states that they have been unable to reach an agreement with UMG. The music giant says it will pull its entire music catalog from the platform on Jan 31st. Ice Spice announced that her debut album, titled ‘Y2K, will be out later this year. SZA has confirmed that a collaboration with Paramore is in the works. Adele will perform four shows in Germany this summer. Taylor Swift tops our Power 100 list. And more!
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00:00 Some of your favorite artists are leaving tik-tok updates from Adele I spice and SZA
00:05 Taylor Swift graces the cover of Billboard we catch up with Grammy nominees black Pumas and black runs down his playlist
00:13 Welcome to another episode of Billboard News. I'm Tetris Kelly
00:19 It's Wednesday, January 31st, and we've got a great episode for you. Let's kick things off with our top story
00:26 BTS Taylor Swift Drake
00:30 Some of your favorite songs and artists may be missing from tik-tok and it's all because of a dispute with Universal Music Group
00:38 Let us break it down for you to make this as simple as possible
00:41 Universal Music Group thinks artists should be making more from their music on tik-tok
00:46 In a letter the music giant has accused the wildly popular platform of trying to build a music based business without paying fair value
00:53 For the music their contract expires today, January 31st and UMG houses labels like Republic with artists like Taylor Swift
01:01 Hive and their artists are at UMG. So no more Jimin BTS or new jeans dances
01:07 And even artists like Billie Eilish and Bad Bunny are under the music giant
01:13 UMG says it will pull its entire music catalog from tik-tok when the contract with the music giant expires
01:18 UMG says it will pull its entire music catalog from tik-tok when the contract with the music giant expires today
01:24 And cited other issues such as the level of hate and harassment on the platform and tik-tok stances on artificial intelligence AI
01:32 Tik-tok is calling their narrative false saying UMG has put their own greed above the interest of their artists and songwriters
01:39 Would this affect your usage on the platform? We'll keep you updated at Billboard.com
01:45 It's Grammy week so you know your favorite artists are on the move and making news
01:50 It's a big day to get hype because some mega stars made some mega announcements
01:55 There's gonna be an album soon? Yes, there's gonna be an album
01:59 Let's go! This year? Yeah
02:01 Ice Spice dropped by the Today Show to let Hoda and Jenna know she's dropping her debut album soon
02:07 It's called Y2K, it's almost finished so
02:11 And the good news didn't stop there
02:13 I have a crazy collaboration that just got locked in like two days ago
02:18 Can you tell us? No
02:20 Speaking of collaborations fans have been begging for a SZA-Paramore collab forever
02:26 SZA and Hailey Williams constantly show each other love and SZA gave an update to Apple Music
02:31 The people want to know if the Paramore-SZA collab in the works, we need it, yeah
02:35 Soon, soon, it's in the works
02:37 Finally, Adele is killing it in Vegas but if it's hard to make it to the desert
02:41 she's giving fans another option to see her
02:44 She shared a flashy video on IG followed by the news she'll be playing four shows in Munich
02:51 in a custom-designed stadium just for her
02:54 She said this summer will be the first time she's performed in Europe since 2016
02:59 Let's check in on the newsroom
03:00 I hear Melinda Newman is talking about one of my favorite topics
03:04 I'm happy to share that Taylor Swift is on the cover of our Power 100 issue
03:09 She's had such an incredible year that she's actually number one on the Power 100 list
03:14 Here are some reasons why
03:15 Her massive Eros Stadium Tour, which began last March, grossed an estimated $906 million in 2023
03:23 and is poised to become the highest-grossing global tour of all time before it wraps in December
03:29 Taylor Swift's The Eros Tour film, taped during her six-show run at SoFi Stadium in Englewood, California,
03:36 has grossed more than $261 million worldwide since its October opening
03:42 That makes it the highest-grossing concert documentary film ever released
03:46 Her latest album, 1989 Taylor's Version, spent more than five weeks atop the Billboard 200
03:52 and at the end of 2023, she beat Elvis Presley's record for the most weeks at number one
03:58 by a solo artist on the chart
04:00 And her industry market share last year was 1.72%
04:03 If she were her own genre, she'd be bigger than jazz
04:06 We reached out to Taylor about receiving this honor and she had this to say
04:11 "The piece of advice I would give to the other executives on the list
04:14 is that the best ideas are usually ones without industry precedent
04:17 The biggest crossroad moments of my career came down to sticking to my instincts
04:21 when my ideas were looked at with skepticism
04:23 When someone says to me, 'But that's never been done successfully before,'
04:27 it fires me up
04:28 We have to take strategic risks every day in this industry
04:31 but every once in a while you have to really trust your gut and take a flying leap
04:35 My re-records are my favorite examples of this
04:38 and I'm extremely grateful to my team and fans for taking that leap with me
04:42 because it absolutely changed my life"
04:45 Congratulations to Taylor Swift!
04:47 For more on the Power 100, check out Billboard.com
04:50 Thanks, Melinda!
04:51 We'll be at Billboard's Power 100 event tonight and the Songwriters Showcase
04:55 You can catch all that in tomorrow's show, but let's get to the Grammy-nominated Black Pumas
05:00 They stopped by our studio ahead of Sunday's big show
05:03 Yeah, that was the first time we were leaving a radio station in the UK
05:08 preparing for a show that evening
05:11 and I remember we probably shared, you know, an array of different emotions
05:16 I mean, there were some tears
05:18 It's just a high level of gratitude for that kind of acknowledgement
05:24 It was like, just really wild and a lot to take on
05:27 Even for, you know, someone I think, you know, I know I'm speaking for Adrian
05:30 but someone who's been in the industry for over 20 years
05:33 I mean, it was new for all of us
05:35 No one had ever been there in that way to that magnitude
05:41 So now you have seven noms
05:42 Do you think this is the year that you'll get your first win?
05:45 I know this might feel cliche to most, but it's just true
05:50 I feel like just being acknowledged, just being welcomed into the conglomerate,
05:57 you know, feels like a win within itself
06:00 So yeah, I feel like we're winning
06:02 And you know what? You know, who knows?
06:04 I was, to be honest, I was really surprised at the traction
06:09 the amount of traction and the amount of, you know, desire for that specific song
06:14 You know, you never really know which one people are going to react to
06:18 And so when we're done recording it, it's really out of our hands
06:21 So it's kind of hard to telegraph what people are going to do
06:25 It's really none of our business
06:26 For the full interview, head to Billboard.com
06:29 What up? This is Black and this is my playlist
06:31 So my favorite road trip playlist currently, I would say, is by Stella with a Sigma
06:40 And the name of the album is "Up and Away"
06:43 Really good car music, really good time passing music
06:45 Sometimes there's no words on it at all, just instrumentals
06:48 So that's my favorite road trip playlist
06:51 My favorite singing in the shower playlist
06:56 Maybe "Nostalgia Ultra" is a really good
06:59 "Let it play through the house, sing it in the shower" type of album
07:03 I still remember like my first time listening to Frank Ocean and how infectious it was
07:08 So to this day, that project holds a special place in my heart
07:12 And I think I do a really good job of singing in the shower
07:16 My favorite workout playlist, any Young Thug project, honestly
07:22 Any Young Thug album, any Young Thug mixtape, gets the blood flowing
07:26 It keeps me like moving around, the tempo is always up, the energy is always high
07:29 The drums are always hitting
07:31 So any Young Thug album or mixtape is a good workout
07:36 That's it for today, come back tomorrow for some Grammy party inside information
07:40 And see who's on top of the TikTok Billboard Top 50
07:44 I'm Tetris Kelly and this is Billboard News