| We've covered the music business each day since 21 Jun 2002 Today's email is edition #5355 |
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| | In todayâs CMU Daily: Earlier this month NewJeans demanded that their label Ador address a list of grievances. It having failed to do so, the K-pop group says their deal with the company has been terminated. Unsurprisingly, Ador does not agree
Also today: A new law in Australia will ban under sixteens from using social media. The countryâs Parliament has backed the ban despite criticisms that it will be hard to enforce and that young people themselves havenât been properly consulted
Plus: Live Nation continues to expand its venues business, this week announcing the launch of its first permanent venue in Africa, The Dome in Johannesburg, and the acquisition of a majority stake in Lisbonâs MEO Arena And: Horizon Future Leaders interview with Ben Magee
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| | NewJeans ditch deal with Ador to avoid âmental distressâ, but Ador says contract âremains in full effectâ | | After the members of K-pop group NewJeans held an âemergencyâ press conference yesterday to let their fans know that they are parting ways with their label - HYBEâs Ador - the label itself has issued a statement saying that, as far as it is concerned, its exclusive contract with the group is still in effect.
The press conference took place just hours before a deadline set by the group for Ador to address a list of grievances that were set out in a document earlier this month.
Bosses at HYBE and Ador âare not showing any will to make reform or to listen to our requestsâ, the groupâs members told reporters, according to Soompi. As the group's label - or âagencyâ, to use the K-pop vernacular - Ador âis obligated to protect NewJeansâ, they continued, adding that that âis the most basic obligation that an agency hasâ.
But under its current management team, they went on, âAdor does not have the will or ability to protect NewJeans. If we remain here, it will be a waste of our time and our mental distress will continueâ. To that end, they stated, âthe exclusive contracts between NewJeans and Ador will be terminated as of November 29 at 12 am KSTâ.
Despite that bold statement, the question remains as to whether NewJeans are legally entitled to terminate their contract with Ador based on the grievances they set out in their document earlier this month, and the claim that Ador has failed to deal with those grievances. The HYBE label is adamant that the answer to that question is ânoâ. | Read the full story | |
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| | | | | | | | | | | | | | | | | | | | đ See all current jobs at https://completemusicupdate.com/jobs | | Horizon is CMU's weekly newsletter that brings you a hand-picked selection of early-stage career opportunities from across the music industry. Whether you're looking for your first job in music or you're ready to take a step up, Horizon is here to help you find your dream job faster.
đ Click through to see the current selection. |
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| Australia passes social media ban for under sixteens | | Australian lawmakers have passed strict new rules that will ban children under the age of sixteen from using social media. The new law has been strongly backed by the countryâs Prime Minister Anthony Albanese, who says it is required to protect young people from the âharmsâ that social media cause. But there are plenty of critics of the ban, with one MP calling it âa 1970 solution for a 2024 problemâ.
Albanese said the new law meant that parents of young teenagers would no longer feel pressured to let their children use social media, despite concerns of the impact it can have on their mental health. He said in a statement, âParents can have a different discussion with their young ones, a different discussion that will result in better outcomes and less harm for young Australiansâ.
âPlatforms now have a social responsibility to ensure the safety of our kids is a priority for themâ, he added. âWeâre making sure that mums and dads can have that different conversation today and in future days. We've got your back, is our message to Australian parentsâ.
The ban won't go into effect for at least twelve months and the law itself doesnât state which platforms will be affected, with the countryâs Communications Minister, Michelle Rowland, empowered to make that decision. That said, she has already stated that Snapchat, TikTok, Facebook, Instagram and X will all be required to make sure that no one under the age of sixteen uses their platforms within the country.
Websites where content can be consumed without setting up an account will not be covered by the ban, which means YouTubeâs core platform wonât be affected. Gaming and messaging platforms are also exempt.
| Read the full story |
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| | Live Nation expands venues business in South Africa and Portugal | | Live Nation announced the launch of its first permanent venue on the continent of Africa earlier this week, with new âstate-of-the-art venueâ The Dome due to open in Johannesburg in South Africa in January.
The ever-growing live music behemoth says that the new venue, delivered in partnership with Stadium Management South Africa and Gearhouse South Africa, reflects its âcommitment to expanding venue infrastructure, growing the touring circuit, and bringing African fans even more shows from both local and international artistsâ.
Within South Africa itself, says Justin Van Wyk, CEO at Live Nationâs South African division, the new venue âfills a critical gapâ in the countryâs live music market, âcreating a unique space that will support pan-African talentâ.
The Dome is situated next to Johannesburgâs FNB Stadium and aims to become a âhub for local and pan-African talent, featuring genres such as afrobeats, amapiano, dance, pop, hip hop and R&Bâ.
Itâs not just in Africa where Live Nation is busy expanding the venues side of its business. It also announced a new deal this week in Portugal, where it is acquiring a majority stake in Lisbonâs MEO Arena.
That announcement also revealed that ârenovations are plannedâ at the venue to âupgrade premium seating, skyboxes, dressing rooms and concessions, improving the overall fan experience and making the arena more attractive to visiting artistsâ.
| Read the full story |
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Horizon Future Leaders - Ben Magee Q&A
| | As part of our new Horizon Future Leaders series, weâre connecting with the music industryâs next generation of leaders to gather candid advice and insights into their career journeys.
This week, we caught up with Ben Magee, founder and owner of New Champion Management.
Benâs career journey began as a music journalist in Belfast, where he earned a reputation for candid, no-nonsense reviews and active industry involvement. After managing a thirteen country world tour, he founded New Champion Management, where he now manages five artists and curates radio shows.
Ben underscores the importance of diving into every opportunity and learning by doing, while also emphasising the value of mentorship in shaping his career. His key advice for newcomers: embrace every opportunity, build genuine connections, and never underestimate the impact of learning from those whoâve been through it.
| đ Read Ben's Horizon Future Leaders Q&A |
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