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FYI

Drake Stays At No. 1, But Jim Cuddy Has The Week's Best-Selling Album

Migos takes 1st place based on massive streams but the Blue Rodeo singer's solo album is the week's best-seller and the Grammy show triggers rebounds for some artists on the chart.

Drake Stays At No. 1, But Jim Cuddy Has The Week's Best-Selling Album

By FYI Staff

Migos’ Culture II debuts at number this week one on the Billboard Canadian Albums chart with 16,000 total consumption units.


This is the Georgia hip-hop trio’s second straight chart-topper, following Culture, which spent one week at the top in February 2017. The album is the third best-selling title of the week, but more than 19M streams makes it the highest on-demand set in the period with three songs from the record placing in the top ten of the most streamed songs in the week.

The other top ten debut this week belongs to Jim Cuddy’s Constellation, at 3 and achieving best-seller status with 5,000 copies sold.  This is the singer’s highest chart position to date as a solo artist, surpassing 2011’s Skyscraper Soul that peaked at No. 8.

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The only other new entry in the top 50 belongs to Machine Head’s Catharsis, at 38.

Last week’s Grammy Awards broadcast propelled a number of releases from winners and performers up the charts. P!nk’s Beautiful Trauma moves 13-9 (+31%), Kendrick Lamar’s Damn edges 11-10 (+14%), Bruno Mars’ 24K Magic vaults 26-13 (+58%), the “2018 Grammy Nominees” compilation skips 17-15 (+36%), Chris Stapleton’s From A Room: Volume 2 bullets  85-29 (+84%) and Kesha’s Rainbow rockets 106-32 (+94%).

Drake’s “God’s Plan” spends a second week at the top of the Streaming Songs chart with over six million streams while Ed Sheeran’s “Perfect” holds once again at No. 1 on the Digital Songs chart. Justin Timberlake’s “Say Something” leaps to No. 2 on the Digital chart and into the top 15 on the streaming countdown.

All data courtesy of SoundScan with additional detail provided by Nielsen Music Canada Director Paul Tuch.

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Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets
Business News

Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets

Sources say the BlackRock-backed company bid slightly above $650 million for the assets, though the deal has yet to close.

Apparently, the third time really can be the charm, as sources say Influence Media Partners has emerged as the winner in the auction for the music assets of Anthem Entertainment, the Canadian music firm that houses music publishing assets and recorded masters royalties from the likes of Rush and Timbaland.

While two earlier efforts to sell the firm in 2017 and 2022 came up short, sources suggest that in the third go-round, the successful Goldman Sachs-shopped deal saw at least two bids come in above the $600 million mark, even though most other bidders were said to be in the $500 million to $600 million range before dropping out. In all, sources suggested that about a dozen suitors kicked the tires on Anthem.

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