Bieber Scores Largest Debut Of The Year

Bieber Scores Largest Debut Of The Year

Bieber Scores Largest Debut Of The Year
Justin Bieber's Believe debuted at No. 1 on the Billboard 200 with 374,000 units sold, marking the largest first-week sales total of the year, according to Nielsen SoundScan. Believe is Bieber's fourth chart-topping album. Overall album sales this week totaled 5.94 million units, up 2 percent compared to last week. Year-to-date album sales have reached 144.7 million units, down 3 percent compared to the same point in 2011. (6/27)

Yahoo Partners With Spotify, Leaves Rhapsody
Yahoo is discontinuing its on-demand music provider partnership with music streaming service Rhapsody and will enter a new deal with Spotify, according to a report. As part of the new agreement, users will be able to stream music directly from Spotify on Yahoo Music, and Yahoo will create a Spotify app that will provide original content such as artist profiles. Additionally, Spotify will have access to Yahoo's 700 million global users. (6/27)

Platt Exits EMI Music Publishing, Block Appointed President Of Legacy Recordings
EMI Music Publishing's current President of North American Creative "Big" Jon Platt will leave the company, effective June 29, according to a report. During his career at EMI, Platt signed artists including Beyoncé, Drake, Jay-Z, Ludacris, and Kanye West, among others. In related industry news, Sony Music Entertainment has appointed Adam Block to president of Legacy Recordings. Block, who previously served as executive vice president and general manager of the imprint, will report to Sony Music Entertainment Commercial Music Group President Richard Story. (6/27)

MSG Acquires The Forum
The owners of New York's Madison Square Garden have acquired the Forum in Inglewood, Calif., for $23.5 million, according to As part of the deal, the Madison Square Garden Company will embark on a $50 million renovation of the building. Since opening in 1967, the Forum previously served as the home of the Los Angeles Lakers and Kings, and has hosted a variety of concerts from artists such as Eric Clapton, Prince, the Rolling Stones, and Van Halen, among others. (6/27)

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