It’s the moment practically every EDM fan has been waiting for: The return of ILLENIUM at his finest, releasing a sneak peak of his fourth studio album with its lead single, “Nightlight” featuring Annika Wells. Out today via 12Tone, ILLENIUM’s new record label, “Nightlight” is stunningly emotive. Wells’ ethereal vocal tone reverberates through the track’s stunning future bass drops, further reinforcing ILLENIUM’s dominance over the genre. With “Nightlight,” he also continues in the vein of his previous LP, ASCEND, by incorporating rock elements, such as strong percussion and guitar melody lines. At the same time, the track hearkens back to his roots with production techniques reminiscent of his earlier work, like his debut album, Ashes, dubbe...
Crippled by venue closures, concert promoter MSG Entertainment’s fiscal fourth quarter revenue fell 96% to $9 million from $215.2 million for the same period a year earlier, according to financial results released Friday (Aug. 14). These aren’t the sort of numbers investors might have hoped for in the first full earnings report since MSGE spun off from the Madison Square Garden Company on April 20, but amid a pandemic that has shut down concerts since March perhaps there is some solace that this decline in revenue was still slightly better than the 98% drop Live Nation announced Aug. 5. Shares of MSGE dipped 4.7% to $67.99 at the New York Stock Exchange on Friday. In all, MSGE’s revenue for the full fiscal year, from July 1, 2019, to June 30, 2020, fell 27% to $762.9 million from $1 billio...