Entertainment
BTS Reunion Optimism Sends HYBE Stock Up Even as Global Markets Tumble

HYBE shares closed the week up 4.9% to 245,500 won ($167.94) after the company teased the return of BTS in 2025 during its fourth-quarter earnings release on Tuesday (Feb. 25), effectively leading a strong week for K-pop stocks amid an overall down period for both music stocks and markets in general. Among other K-pop companies, YG Entertainment gained 8.8%, JYP Entertainment improved 2.4% and SM Entertainment rose 0.9%.
HYBE partially attributed its 38% decline in 2024 operating income to the BTS hiatus that began in 2023 when several of the group’s members were forced to step away to complete South Korea’s required military service. But the company said it believes operating profit will improve in 2025 “through the comeback of 21st-century icons BTS” and payoffs from investments in the company’s social media-superfan platform, Weverse.
The K-pop giant’s revenue increased 4% to $1.58 billion last year, with recorded music revenue, the company’s largest source of income, dipping 11.3% but concerts revenue jumping 25.6% as the number of performances rose from 125 in 2023 to 172 in 2024. HYBE’s South Korean labels generated 15% more streaming revenue internationally even as streaming fell 17% at home. Revenue from U.S. labels (Big Machine and Quality Control) fell 16%.
The 20-company Billboard Global Music Index (BGMI) had more losers than winners this week as it fell 2.3% to 2,613.79. Just seven of the index’s stocks finished in positive territory, and outside of K-pop stocks, none gained more than 2%.
Markets had a rough week owing to inflation and recession fears. Amidst talks of U.S. tariffs on foreign imports, the Federal Reserve Bank of Atlanta is now predicting U.S. gross domestic product, a measure of the country’s economic activity, will decline 1.5% in the first quarter. The S&P 500 finished the week down 1.0% to 5,954.44 while the tech-heavy Nasdaq composite, weighed down by Nvidia’s weaker-than-expected first-quarter guidance, fell 3.5% to 18,847.28. The U.K.’s FTSE 100 was an outlier, gaining 1.7% to 8,809.74. South Korea’s KOSPI composite index sank 4.6% to 2,532.78. China’s SSE composite index dropped 1.7% to 3,320.90.
Live Nation shares fell 4.1% to $149.48 — the concert promoter’s second consecutive weekly decline. Wolfe Research lowered its Live Nation price target to $165 from $175 and Citigroup raised Live Nation to $175 from $163. Despite those declines, the company’s shares are up 10.6% year-to-date and 47.5% over the last 52 weeks.
Universal Music Group (UMG) and Warner Music Group (WMG) fell 4.2% and 4.2%, respectively, with UMG slated to report fourth-quarter earnings on Thursday (March 6). Sphere Entertainment Co., which reports quarterly earnings on Monday (March 3), dropped 7.0% to $46.90, lowering its year-to-date gain to 2.8%.
Chinese music streamer Tencent Music Entertainment (TME) fell 15.3% to $14.40. On Friday (Feb. 28), the company announced a change on its board of directors, as Matthew Yun Ming Cheng retired from the board and was replaced by Wai Yip Tsang, the current financial controller of Tencent Holdings. In announcing Tsang’s appointment, Cussion Pang, executive chairman of Tencent Music Entertainment, said Tsang’s “deep financial background, extensive experience and business insights will be a tremendous asset to TME.”
iHeartMedia shares fell 15.3% on Friday and ended the week down 16.1% following the company’s fourth-quarter earnings release on Thursday (Feb. 27). The radio company said it expects first-quarter revenue to fall in the low single digits and forecasts full-year revenue will be flat compared to 2024.
The largest decline of the week came from Cumulus Media, which fell 20.0% on Friday and finished the week down 19.1% after the radio company released fourth-quarter earnings on Thursday. Cumulus’ revenue fell 1.2% in the fourth quarter and was down 2.1% for the full year.
Entertainment
Watch Eminem’s Hilarious Outtakes From ‘Happy Gilmore 2’: ‘Put Some Respect on My Name, B—h’

Eminem made a memorable cameo in Happy Gilmore 2, in which he played the role of Donald Jr. Now, Netflix has released the outtakes from his hilarious scenes, which Em posted to Instagram on Friday (Aug. 1).
In the sequel, Slim Shady pays homage to his character’s father — played by late comedian Joe Flaherty in the original film — by shouting “jackass” during Happy Gilmore’s (Adam Sandler) backswing.
Instead of handling Donald Jr. himself, Happy Gilmore instructs his kids in the flick to take care of him, disposing of him in a nearby pond. Unfortunately, Donald Jr. meets his demise while attempting to wrestle with a family of gators.
“Come on, fake a— dinosaur, you ain’t got a d—k,” Em jokes while battling the alligators in the outtakes. “Put some respect on my name, b—h! F—k you, Detroit, what? I get some Advil, I’ll be back in 20 minutes.”
Fans seemed to enjoy seeing Eminem back in the acting world. “That was awesome! Detroit what,” one person wrote in the Instagram comments. “You should get out more man, do more of this kind of stuff. Us stans need MORE!”
Another added in his comment section: “You’re naturally funny! Please release the whole 1 hour video of you in Happy Gilmore!”
Happy Gilmore 2 hit Netflix on July 25. On the The Dan Patrick Show last month, Sandler revealed how he convinced Em to be part of the sequel.
“I love Eminem. I’m friends with Eminem, but I don’t want to bother the man,” he said. “And everybody kept saying, ‘Man, Eminem would be so funny in this part.’ I was like, ‘I don’t want to ruin this guy’s time. He’s hanging out. He’s in Detroit. He’s doing his life making records.'”
Eventually, Sandler caved after agreeing that Em would be a perfect fit for the role. “Let me bug Marshall and give him a call and say, ‘Dude, I know it’s a pain in the a—, but it’s pretty funny. You mind shooting out to us for a day?’” To which Eminem obliged and the rest is history.
Watch the outtakes clip below.
Entertainment
Stevie Nicks Postpones 2 Months of Shows Due to Shoulder Injury, Apologizes For ‘Inconvenience’

Stevie Nicks has had a change of plans after suffering a recent injury, with the Fleetwood Mac frontwoman announcing Friday (Aug. 1) that her next two months of shows will be postponed as she heals.
In a note shared to her social media accounts, Nicks’ team wrote, “Due to a recent injury resulting in a fractured shoulder that will require recovery time, Stevie Nicks’ scheduled concerts in August and September will be rescheduled.”
Noting that the star will proceed with her shows in October as scheduled, the message concludes, “Stevie looks forward to seeing everyone soon and apologizes to the fans for this inconvenience.”
Fans with tickets to any of the postponed performances are encouraged to hold onto their seats, as all previously purchased tickets will be honored at their corresponding rescheduled shows. More information can be found at point of purchase.
Nicks had been slated to perform in a handful of cities across the United States and Canada across August and September, including Detroit, Toronto, Boston, Cincinnati and Brooklyn, N.Y. All of the postponed shows have already been rescheduled to new dates in late October, November and the first couple of weeks in December, as listed in the rock star’s post and on her website.
The news of Nicks’ injury comes more than three months after she first announced her solo tour in April, writing at the time that she couldn’t “wait to share these nights with you.”
The Rock & Roll Hall of Famer had also been supposed to tour with Billy Joel this year, but the Piano Man similarly had to cancel all of his 2025 and 2026 performances as he battles a condition called normal pressure hydrocephalus. In July, he provided an update on how he’s faring, telling Bill Maher, “I feel good … They keep referring to what I have as a brain disorder, so it sounds a lot worse than what I’m feeling.”
Nicks is currently working on a new album, her first in 14 years. The Grammy winner first revealed that she was getting back into the studio as she was being inducted into the Pollstar Hall of Fame.
“I call it the ghost record,” she said in her speech. “It just really kinda happened in the last couple of weeks because of, you know, the [Los Angeles] fires. I was sitting in a hotel for 92 days, and at some point during that last part of the 92 days, I said, ‘You know what? I feel like I’m on the road, but there’s no shows. I’m just sitting here by myself, because everybody else is at the house, doing all the remediations and everything, and it’s just me, sitting here.’ And I thought, ‘You need to go back to work.’ And I did.”
See Nicks’ post below.
Entertainment
7 Best Moments From Dead & Company’s Kickoff Celebrating 60 Years of the Grateful Dead in SF

Much has changed in San Francisco over the last six decades. But all these years later, the music of the Grateful Dead can still draw a significant crowd to Golden Gate Park, where the revered rock band played some of its earliest shows just blocks from the house on 710 Ashbury Street, where its members set up shop in the mid-1960s.
Only some of those founding members remain today — iconic frontman Jerry Garcia died 30 years ago, while bassist Phil Lesh passed away last October — but two surviving members, Bobby Weir and Mickey Hart, brought their decade-old outfit Dead & Company to Golden Gate Park on Friday (Aug. 1) night for the first of three shows celebrating 60 years since the Grateful Dead’s 1965 debut.
Rounded out by John Mayer, Oteil Burbridge, Jeff Chimenti and Jay Lane, Dead & Company has become a live music juggernaut in its own right since its 2015 formation. In 2023, the year it staged its final tour, Dead & Company grossed $114.7 million across 28 shows, according to Billboard Boxscore; in 2024, it launched its Dead Forever residency at Las Vegas’ Sphere, grossing $131.8 million across 30 shows. (The band continued the residency in 2025 with 18 more concerts.) Along the way, Dead & Company has introduced a new generation of fans to the Dead’s music and subculture — while offering older Deadheads more opportunities to enjoy them.
This cross-generational appeal was on display in Golden Gate Park on Friday, where the jamgrass sensation Billy Strings — who was only 2 when Jerry Garcia died — opened the show for an audience that spanned from kids to old-timers who just might’ve been at the Dead’s earliest shows in the park in the mid-60s.
Here are some of the best moments from the first show of Dead & Company’s three-night run in Golden Gate Park. And when you’re done with that, here’s the complete setlist.
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