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FYI

The Weeknd Holds Tight At No. 1 In 2nd Week

The Weeknd’s Dawn FM remains at No. 1 on the Billboard Canadian Albums chart for the second straight week and again picks up the highest on-demand stream total for the week.

The Weeknd Holds Tight At No. 1 In 2nd Week

By FYI Staff

The Weeknd’s Dawn FM remains at No. 1 on the Billboard Canadian Albums chart for the second straight week and again picks up the highest on-demand stream total for the week.


The Encanto soundtrack edges 3-2, switching positions with Gunna’s Ds4ever, and Adele’s 30 holds at No. 4.

The top new entry of the week belongs to the Lumineers’ Brightside, at No. 5. The band racks up the highest album sales total for the week with the release. All four of their albums have reached the top five; this is their follow-up to the No. 2 III in 2019.

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Two other new releases debut in the top 50. American hip-hop collective Cordae’s From a Birds Eye View enters at 18, and Brit art-pop star FKA twigs’ Caprisongs comes in at 48.

 

– All data courtesy of SoundScan with additional detail provided by MRC Data's 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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