Imagine Dragons’ Dan Reynolds is brushing the haters off his shoulders.
The Grammy-winning rock singer posted a lengthy note on Instagram two weeks ago, calling out bands like Slipknot, the 1975 and Foster the People for taking shots at Imagine Dragons, a band that has dominated the rock and pop charts since they emerged on the mainstream music scene in 2012.
“I just feel like as artists we have so much. We’re incredibly lucky to be doing what we’re doing. We have a finite amount of time while we’re here to create change and to do great things, to do big things. It’s just, to me, counterproductive to all of us as artists to engage in menial, self-indulgent conversation, even for myself, even responding to it, which is not something I’ve ever done before,” Reynolds said in an interview with The Associated Press.
“I said my peace — that’s what I had to say about it. I really don’t have anything else to say on it because I feel like it’s a disservice to myself and a disservice to my time here on earth.”
In his post Reynolds wrote, “How it could possibly make a kid feel ‘not cool’ listening to Imagine Dragons. I hate that thought. Wondering if my kids will be made fun of as they grow older because someone thinks my band isn’t cool.” He also wrote the negative vibes his band has been hit with has “added to the depression I’ve dealt with since youth.”
What’s provided solace for Reynolds? In a way, Oprah Winfrey.
“I just sat at this seminar here in Utah listening to Oprah speak about how she got where she is, and it’s all about intention. Her main point was intention about how (and) where do you spend your time and how do you spend your words? And here’s our finite amount of time on earth and what are you doing with it?” he explained. “So, it’s just so menial even posting that. I’m bummed that I even had to post something like that, but I said my peace and that’s it. So, I’m on to things that are important.”
He said one of those important things he’s focusing on his LOVELOUD festival, the LGBTQ-supported event he launched in 2017. The third annual festival — to take place June 29 at the USANA Amphitheatre in West Valley City, Utah — will include performances by Reynolds, Kesha, Martin Garrix, Tegan & Sara and more.
As for music, Reynolds said Imagine Dragons, whose hits include “Thunder” and “Radioactive,” are taking time to recharge. Their most recent album, “Origins,” was released last November.
“We’re all looking now to wrap up the cycle and take some serious time off. I don’t know how long that will be, but probably the longest amount of time that we’ve (taken off),” he said with a laugh. “Everybody’s ready for a break.”
Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $40B
“As you can see from PSTH’s announcement, this investment represents a strong validation of UMG, our strategy, our people, our legendary catalog and our amazing roster of artists and songwriters,” UMG CEO Lucian Grainge wrote in a staff memo on Sunday. “And the fact that we now have, in addition to Vivendi, two committed investors…
“As you can see from PSTH’s announcement, this investment represents a strong validation of UMG, our strategy, our people, our legendary catalog and our amazing roster of artists and songwriters,” UMG CEO Lucian Grainge wrote in a staff memo on Sunday. “And the fact that we now have, in addition to Vivendi, two committed investors — the consortium led by Tencent, as well as PSTH — is as powerful an endorsement as one could imagine from the investment and technology communities.”Grainge added, “On Tuesday, at Vivendi’s General Shareholders’ Meeting, shareholders will consider Vivendi’s proposal to distribute 60% of the UMG share capital and list UMG’s shares on the Euronext Amsterdam stock exchange. I will keep you updated on all these developments.”Vivendi previously sold a 20 percent stake in UMG to a consortium led by Chinese online giant Tencent. It has said it plans to distribute 60 percent of UMG, while retaining the remaining 10 percent for a minimum period of two years.UMG is the world’s biggest music label and follows Warner Music to the public markets. Warner Music IPOd in 2020, with a $15 billion valuation. it is currently valued at just under $18 billion. The rise of streaming services like Spotify and social platforms like TikTok have significantly bolstered the music business in recent years.Blank check companies, or Special Purpose Acquisition Companies (SPACs), take over privately held firms and usually take them public in an alternative to a traditional IPO. Over the past year-plus, Wall Street has seen a big number of SPAC IPOs.This deal would be different, however, with UMG still set to go public via an IPO in the third quarter of 2021. Instead, Pershing Square Tontine said it will have about $1.5 billion left over after the UMG deal is complete, which it will use to try and find another company to take public. The company will also create what it calls a “SPARC,” which will be given to shareholders, trade separately and which will also seek to merge with another private company.The deal is subject to the authorization of the plan to take UMG public by Vivendi shareholders at a shareholder meeting on June 22. The transaction would be the largest SPAC deal on record, according to Dealogic data.Vivendi, led by CEO Arnaud de Puyfontaine, has previously said: “In addition, the Pershing Square funds and their affiliates have indicated that they may acquire additional economic exposure to UMG by acquiring Vivendi securities and/or by acquiring UMG securities following the distribution of UMG shares by Vivendi.”Alex Weprin contributed to this report.This article was originally published by The Hollywood Reporter.
Polo G Lands First No. 1 Album on Billboard 200 Chart With ‘Hall of Fame’
The Billboard 200 chart ranks the most popular albums of the week in the U.S. based on multi-metric consumption as measured in equivalent album units. Units comprise album sales, track equivalent albums (TEA) and streaming equivalent albums (SEA). Each unit equals one album sale, or 10 individual tracks sold from an album, or 3,750 ad-supported or…
The Billboard 200 chart ranks the most popular albums of the week in the U.S. based on multi-metric consumption as measured in equivalent album units. Units comprise album sales, track equivalent albums (TEA) and streaming equivalent albums (SEA). Each unit equals one album sale, or 10 individual tracks sold from an album, or 3,750 ad-supported or 1,250 paid/subscription on-demand official audio and video streams generated by songs from an album. The new June 26, 2021-dated chart (where Hall of Fame debuts at No. 1) will be posted in full on Billboard’s website on June 22. For all chart news, follow @billboard and @billboardcharts on both Twitter and Instagram.Of Hall of Fame’s 143,000 equivalent album units earned in the tracking week ending June 17, SEA units comprise 124,000 (equaling 181.9 million on-demand streams of the album’s tracks), album sales comprise 18,000 (aided in part by deep discounting of the set at digital retail for a portion of the week) and TEA units comprise a little over 1,000. Polo G previously hit the top 10 with The Goat (No. 2 in 2020) and Die a Legend (No. 6 in 2019). Rap trio Migos debuts at No. 2 on the Billboard 200 with Culture III, earning 130,500 equivalent album units. Of that sum, SEA units comprise 106,000 (equaling 144.57 million on-demand streams of the album’s tracks), album sales comprise 22,500 and TEA units comprise nearly 2,000.Culture III was initially released on June 11 as a 19-track album, but was bolstered be a deluxe edition release on June 17 that added five extra tracks. Like Polo G’s Hall of Fame, Culture III was also deeply discounted at digital retail for a portion of the tracking week. Culture III and Hall of Fame have the second-and-third-biggest sales weeks (22,500 and 18,000) for hip-hop albums in 2021, trailing only the debut frame of J. Cole’s The Off-Season (37,000; May 29-dated chart).Culture III is Migos’ third album to reach the top two on the Billboard 200, following Culture and Culture II (both No. 1, in 2017 and 2018, respectively).A trio of former No. 1 albums lines up next on the new Billboard 200: Olivia Rodrigo’s Sour falls 2-3 (122,000 equivalent album units earned; down 15%), Lil Durk and Lil Baby’s The Voice of the Heroes dips 1-4 in its second week (73,000 units; down 52%) and Morgan Wallen’s Dangerous: The Double Album descends 3-5 (50,000 units; down less than 1%).K-pop girl group TWICE debuts at No. 6 with Taste of Love, with 46,000 equivalent album units earned. Of that sum, album sales comprise 43,000 (making it the top selling album of the week), SEA units comprise 3,000 (equaling 5.09 million on-demand streams of the album’s six tracks) and TEA units comprise a negligible sum. Like many K-pop releases, the CD edition of the album was issued in multiple collectible packages (four, including a Target-exclusive edition), each with assorted internal paper goods and randomized elements. Of the album’s 43,000 copies sold, the CD editions combined sold 39,000. The rest of the sales came from the album’s digital download. Taste of Love is the first top 10 for the nine-member act.Bo Burnham’s Inside (The Songs) jumps from No. 116 to No. 7 after its first full tracking week of activity, earning 37,000 equivalent album units (up 330%). Of that sum, SEA units comprise 33,000 (equaling 44.71 million on-demand streams of the album’s tracks), album sales comprise 3,000 and TEA units comprise less than 1,000. The album bowed on the list a week ago after one day of activity, as it was released on Thursday (June 10), the final day of that chart’s tracking week. Inside (The Songs) is the companion album to Burnham’s Netflix special Bo Burnham: Inside, which premiered on May 30.Inside (The Songs) is categorized as a comedy album and is the first such album to reach the top 10 on the Billboard 200 since the chart dated Aug. 22, 2015, when Lil Dicky’s Professional Rapper debuted and peaked at No. 7.Maroon 5’s new album Jordi debuts at No. 8, marking the seventh top 10 effort for the group. It bows with 37,000 equivalent album units earned. Of that sum, SEA units comprise 20,000 (equaling 27.64 million on-demand streams of the album’s tracks), album sales comprise 15,000 and TEA units comprise 2,000. All seven of Maroon 5’s full-length studio albums have reached the top 10, stretching back to the act’s debut, Songs About Jane, which peaked at No. 6 in 2004.Rounding out the new top 10 are two former No. 1s: Moneybagg Yo’s A Gangsta’s Pain, which falls 6-9 with 34,000 equivalent album units earned (down 11%), and J. Cole’s The Off-Season, slipping 4-10 with just under 34,000 units (down 22%).
Nile Rodgers Re-Elected Chairman of Songwriters Hall of Fame
“Nile is tremendously respected and admired by his peers and fans of all generations for being a musical pioneer,” said Linda Moran, SHOF president and CEO. “…Having him as a partner has been a very special and rewarding experience and the Songwriters Hall of Fame can ask for no better representative, both to the songwriting…
“Nile is tremendously respected and admired by his peers and fans of all generations for being a musical pioneer,” said Linda Moran, SHOF president and CEO. “…Having him as a partner has been a very special and rewarding experience and the Songwriters Hall of Fame can ask for no better representative, both to the songwriting community and to the world at large.”Rodgers, 68, was inducted into the Songwriters Hall of Fame in 2016. He was voted into the Rock and Roll Hall of Fame, in the award for musical excellence category, the following year. He has won three Grammys — all for his work on Daft Punk’s 2013 smash “Get Lucky” and the duo’s Random Access Memories album.As a songwriter and producer, Rodgers has been responsible not only for many hits with his former group Chic, such as “Le Freak” and “Good Times,” both of which reached No. 1 on the Billboard Hot 100, but also also hits for Sister Sledge, Diana Ross, David Bowie, Madonna, INXS and Duran Duran, among many others.Other re-elected officers are Moran as president and CEO; Tom Kelly as CFO and treasurer; senior vice presidents David Israelite, Beth Matthews and Mike O’Neill; secretary Mary Jo Mennella; and deputy secretary April Anderson.Elected members to the board of directors who will serve three-year terms are Paul Williams, Desmond Child, Steve Dorff, Ne-Yo, Martin Bandier, Caroline Bienstock, Donna Caseine, Samantha Cox, Charlie Feldman, Fletcher Foster, Pete Ganbarg, Randy Grimmett, John Josephson, Jody Klein, Evan Lamberg, Carianne Marshall, Nancy Munoz, Jon Platt, Irwin Z. Robinson, Patrice Rushen and John Titta. Barry Slotnick will continue as counsel.Four of these board members have been honored by the SHOF. Williams was inducted into the SHOF in 2001, followed by Child in 2008 and Dorff in 2018. Ne-Yo received the Hal David Starlight Award in 2012. Williams is slated to receive the organization’s top honor, the Johnny Mercer Award, in 2022. The award has been delayed two years because of the pandemic.