Lil Baby & Lil Durk Set the World on Fire in DJ Khaled’s ‘Every Chance I Get’ Video

Nothing is safe from the flames in DJ Khaled’s new “Every Chance I Get” video, featuring Lil Baby and Lil Durk.

In the red-hot clip, Lil Baby and Lil Durk rap their verses while cars burn and lightning strikes around them. Despite the chaos, the trio of Baby, Durk and Khaled also manage to turn the destruction into a party, surrounded by beautiful women and bottles of booze.

“Every Chance I Get” is from Khaled’s 12th studio album, Khaled Khaled, which arrived last week along with a music video for “Sorry Not Sorry,” featuring Nas, Jay-Z and James Fauntleroy. The first two singles from project arrived simultaneously in July 2020: “Popstar” and “Greece,” both featuring Drake.

Watch the latest Khaled Khaled visual below:

BTS Label HYBE Turns a Modest First-Quarter Profit

HYBE Corporation, the label and management home of K-pop superstars BTS, turned in revenues of $158.7 million and a profit of $14 million in the first quarter of 2021, the company announced Tuesday (May 4).

Without tours or big music releases, HYBE needed gains in what it calls “artist indirect involvement” for a 29% jump in revenue compared to the first quarter of 2020. Merchandising, licensing, content and fan club revenues rose 123% while “artist direct-involvement” — recorded music and concerts — fell 24%.

These positive first-quarter results don’t, however, come close to the company’s impressive previous quarter, Q4 2020. Then, still without touring income, HYBE produced livestreamed concerts and had strong music sales — 159% greater than 2021’s first quarter — and closed 2020 with quarterly revenue of $278 million and a $23.7 million profit.

HYBE didn’t provide guidance on concert revenue in 2021, saying “with pandemic conditions still in place, forecasts are still unclear on the possibility of in-person concerts in the second half of this year.” In the meantime, HYBE said it will offer more livestream concerts and “other diverse content.”

Much of the earnings release focused on HYBE’s acquisition of Scooter Braun’s Ithaca Holdings, which was announced April 2, noting it was the the largest acquisition “in history for a Korean entertainment company and the first acquisition of an international label.” It outlined how the deal helps HYBE’s “fandom expansion,” as HYBE calls it: Ithaca increases HYBE’s YouTube subscribers from 120 million to 290 million and social media followers from 440 million to 1.26 billion. HYBE plans to take Ithaca artists onto its WeVerse platform, which had 4.9 million monthly active users in the first quarter.

HYBE’s earnings presentation also laid Ithaca’s business segments: SB Projects is talent management; Big Machine is the record label and publisher; Silent Content Ventures houses premium content such as TV shows, documentaries, movies and other content that can now leverage HYBE artists; and Venture & Consumer houses “consumer brands based on artist IP.”

In March, HYBE changed its name from Big Hit Entertainment and restructured itself into three segments: Big Hit Music houses the labels BELIFT Lab, Source Music, PLEDIS Entertainment and KOZ Entertainment; HYBE IP and HYBE 360 encompasses HYBE Edu and Superb; and WeVerse is HYBE’s social media platform that had 4.9 million monthly average users during 2021’s first quarter, up from 2.4 million a year earlier.

Except for the total revenue figures, the below metrics are provided in Korean won (KRW) and can be converted at $1 to 1,125.9 won.

Financial metrics:

  • Revenue: 178.3 billion KRW ($158.7 million) in Q1 2021 — up 29% from 138.5 billion KRW ($120.6 million) in Q1 2020; down 43% from 312.3 billion KRW ($277.9 million) in Q4 2020.
  • Operating profit: 21.7 billion KRW in Q1 2021 — up 9% from 19.9 billion KRW in Q1 2020; down 39% from 256.7 million KRW in Q4 2020.
  • Net profit: 15.8 billion KRW in Q1 2021, up 11% from 14.2 billion KRW in Q1 2020; down 41% from 26.7 billion in Q4 2020.

Revenue streams metrics: 

  • Albums: 54.5 billion KRW in Q1 2021 — up 33% from 80.8 billion KRW; down 61% from 80.8 billion KRW in Q4 2021.
  • Concerts: 0 KRW in Q1 2021 — down 100% from 100 million KRW in Q1 2020; even at 0 KRW in Q4 2020.
  • Ads and appearances: 13.0 billion KRW in Q1 2020 — up 63% from 8.0 billion KRW in Q1 2020; down 5% from 13.8 billion KRW in Q4 2020.
  • Merchandise and licensing: 64.7 billion KRW in Q1 2021 — down 89% from 34.3 billion KRW in Q1 2020; down 4% from 67.3 billion KRW in Q4 2020.
  • Content: 37.2 billion KRW in Q1 2021 — up 360% from 7.2 million KRW in Q1 2020; down 54% from 80.9 billion KRW in Q4 2020.
  • Fan clubs and other: 8.9 billion KRW in Q1 2021 — up 24% from 7.2 billion KRW in Q1 2020, down 6% from 9.5 billion KRW in Q4 2020.

Guidance for Q2 2021:

  • Operating expenses will increase “slightly” compared to the first quarter due to expenses related to the Ithaca Holdings acquisition and preparation for second quarter music releases.
  • If concerts resume, HYBE expects second-half revenues “to greatly outpace not only the first half but the second half of the same period last year as well.”

Stock market:

  • Market capitalization on May 4, 2021: $7.6 billion.
  • One-year increase in HYBE’s share price: 149%

Tommy West, Co-Producer of Jim Croce Albums, Dies at 78

Tommy West, a music producer, singer and songwriter who played a major role in the short-lived career of musician Jim Croce, died of complications associated with Parkinson’s disease, his family said. He was 78.

West died Sunday in hospice care.

Born Thomas Picardo Jr. in Jersey City, New Jersey, he developed his musical talents after his family moved to Neptune, according to his friend Mike Ragogna.

“His musical career began in 1958 as co-founder of the doo-wop group, The Criterions, with childhood friend and future Manhattan Transfer founder, Tim Hauser,” Ragogna said.

West had met Croce while both were students at Villanova University in 1961.

West and Terry Cashman co-produced three albums for Croce in the early 1970s, which went on to platinum status. You Don’t Mess Around With Jim, Life and Times and I Got a Name included the Billboard Hot 100 No. 1 singles “Bad, Bad Leroy Brown” and “Time in a Bottle.” You Don’t Mess Around With Jim topped the Billboard 200 albums chart for five consecutive weeks in early 1974. “Leroy Brown” received a Grammy nomination for record of the year for both Croce and Cashman & West.

Croce was killed in a plane crash in Louisiana at age 30 in 1973.

In 1972, Cashman & West had a top 30 hit on the Hot 100 as recording artists. The single, “American City Suite,” was a three-part suite that ran 7:44. They released it on Dunhill/ABC, which was Croce’s record label.

The team also wrote songs for the television musical sitcom The Partridge Family, featuring David Cassidy and his stepmother Shirley Jones.

West partnered with Mary Tyler Moore’s MTM Records in Nashville in the 1980s to produce for country artists including Holly Dunn and Judy Rodman.

In his later career, West operated his Somewhere in New Jersey studio from inside a barn in the northern part of the state.

He is survived by his wife, a daughter and two stepsons.

His funeral will be private, his family said.

Bruce Springsteen Wins 2021 Woody Guthrie Prize

Bruce Springsteen has won the 2021 Woody Guthrie Prize, which is given to an artist seen as carrying on the spirit of the folk singer whose music focused on the plight of the poor and disenfranchised.

Guthrie, who grew up in Okemah, Oklahoma, was one of the most important figures in American folk music and penned hundreds of songs, including some that The Boss has performed over the years.

“Woody wrote some of the greatest songs about America’s struggle to live up its ideals in convincing fashion,” Springsteen said in a statement Tuesday (May 4). The New Jersey rocker called Guthrie, who died in 1967 at age 55, “one of my most important influences.”

Springsteen and previous prize recipient Pete Seeger performed Guthrie’s “This Land Is Your Land” at Barack Obama’s 2009 presidential inauguration.

Deana McCloud, who heads the Woody Guthrie Center in Tulsa, said in a news release that, “As an observer of the human condition and a reporter about the plight of common people, Bruce Springsteen is a true child of Woody Guthrie.”

“The Woody Guthrie Center is proud to present Bruce with this well-deserved recognition for his lifetime of speaking for the disenfranchised and inspiring generations to find the power of their own voices,” she added.

Joan Baez, Chuck D, John Mellencamp, Norman Lear, Kris Kristofferson and Mavis Staples are among the past recipients of the award.

Springsteen will be honored during a virtual ceremony on May 13.

YFN Lucci Charged in Gang-Related RICO Indictment

Rapper YFN Lucci is among a dozen people charged in a wide-ranging indictment in Atlanta targeting alleged members of the Bloods gang.

A Fulton County grand jury on Friday handed up the 105-count indictment that resulted from a six-month investigation, Atlanta Police Deputy Chief Charles Hampton said at a news conference Tuesday. It includes racketeering, aggravated assault, murder, gun, armed robbery, property damage, theft and gang-related charges.

“We are serious about the violence in Atlanta,” Hampton said. “We are serious about holding people accountable.”

The indictment alleges that each of the 12 people charged is associated with sub-groups of the national Bloods gang. It says they had connections and relationships to each other and accuses them of committing a wide variety of crimes to protect and enhance the gang’s reputation and to gain and maintain control of territory.

YFN Lucci, whose given name is Rayshawn Bennett, is charged with racketeering, violating the state’s anti-gang law, felony murder, aggravated assault and possession of a firearm during the commission of a felony.

Atlanta police previously announced murder charges against Bennett in January, saying he was the driver in a December gang-related drive-by shooting that left one man dead. The felony murder charge in last week’s indictment is based on that incident.

“He’s not guilty of any crime that’s referenced in the previous charge and now in this indictment,” Bennett’s lawyer Drew Findling said in a phone interview.

The indictment says one of the Atlanta gang sub-groups of the Bloods, known by the initials YFN, was “centered around” Bennett.

“The YFN studio located on West Peachtree Street in Atlanta is a central point for the group and a notorious stronghold. YFN has continued to attract additional associates as Bennett gained notoriety,” the indictment says.

“He’s absolutely not a gang member, and this indictment — neglectfully or purposely — fails to say that Mr. Bennett is a nationally and internationally recognized musical artist,” Findling said.

Among Bennett’s biggest hits is the 2016 song “Key to the Streets” featuring the Atlanta rap group Migos.

The indictment also cites social media postings by Bennett and others, as well as song lyrics, alleging they are proof of gang involvement and other criminal activity.

“To sit and analyze somebody’s social media account and to try to somehow find some evidence of a crime is ridiculous when people are just really expressing themselves through social media,” Findling said.

Goodbye to Grammy Committees: Breaking Down the New Academy Rules

When The Weeknd called for “transparency” in the Grammy voting process late last year, even he probably didn’t expect the Recording Academy to respond this quickly.

On Friday, the trustees voted to disband the Academy’s controversial nomination review committees and let Grammy voters have the final say in all non-craft categories, a move that comes after years of criticism over the mysterious backroom voting process. As Billboard awards editor Paul Grein reported last week, “The committee approach was adopted in the ‘Big Four’ categories in 1995, after controversy erupted over some of the 1994 Grammy nominations. Some argued that album of the year nods for Tony Bennett and The Three Tenors — and none that year for alternative or hip-hop artists — showed that the Grammys were out of touch.” Now, the power is shifting back to the rank-and-file voters for a more populist approach.

So would The Weeknd have been completely shut out of the nominations for his After Hours album and its blockbuster single “Blinding Lights” last year if there were no committees? On the latest episode of the Billboard Pop Shop Podcast, we invited Grein to discuss the new rule changes, including what this could mean for the next round of nominations, who might have benefited from such a shift in recent years, and whether it’s the right move.

Listen to the new episode below.

Also on the show, we’ve got chart news about The Weeknd’s “Save Your Tears,” bolstered by a newly released remix with Ariana Grande, jumping to No. 1 on the Billboard Hot 100 songs chart and Moneybagg Yo landing his first No. 1 album on the Billboard 200 chart with A Gangsta’s Pain. Plus, the finalists were announced for the 2021 Billboard Music Awards last week, and we run down all the details about the big show, broadcasting live Sunday, May 23, at 8 p.m. ET/5 p.m. PT on NBC.

The Billboard Pop Shop Podcast is your one-stop shop for all things pop on Billboard’s weekly charts. You can always count on a lively discussion about the latest pop news, fun chart stats and stories, new music, and guest interviews with music stars and folks from the world of pop. Casual pop fans and chart junkies can hear Billboard’s deputy editor, digital, Katie Atkinson and senior director of Billboard charts Keith Caulfield every week on the podcast, which can be streamed on Billboard.com or downloaded in Apple Podcasts or your favorite podcast provider. (Click here to listen to the previous edition of the show on Billboard.com.)

Drake’s Son Adonis Is Just as Impressed With LeBron James as the Rest of Us

Ball is life for Drake’s 3-year-old son Adonis, and when he’s off the court, he’s impressed with LeBron James’ moves on the court.

The “What’s Next” rapper shared a highlight on Instagram from their quality father-son time Monday night, which involved running back James’ top 35 plays from his highly lauded career in the NBA. Adonis had a total “OMG” moment while his jaw dropped at the sight of the current Lakers forward’s career while he was playing for the Miami Heat.

James commended his “nephew” in the comments, adding, “[locked] the hell in!! Yessir!!” Bryson Tiller, Chance the Rapper, 6LACK and more artists were also loving the “wholesome” content from the 6 God, and he gave them another OMG-worthy look at his toddler’s own game.

The Toronto artist shared a video on his Instagram Story of Adonis, decked out in blue from head to toe, dribbling a matching blue basketball — even from behind at one point (!) — before making the shot at Drizzy’s home gym. Toronto Raptors, look out for your next recruit.

See Adonis’ reaction to King James’ moves below and his own moves here.