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Sphere Entertainment Stock Jumps for Second Week on ‘Wizard of Oz’ Hype

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Sphere Entertainment Co. was the top-performing music stock for the second consecutive week after gaining 7.8% to $48.90 for the week ended Sept. 5. 

After rising 6.8% the previous week, Sphere Entertainment rode continued enthusiasm for the revamped The Wizard of Oz that debuted at Sphere on Aug. 28. On Wednesday (Sept. 3), the stock reached a 52-week high of $49.98 after the company announced it repurchased $27.5 million of common stock, putting it within reach of its all-time high of $51.19 set in February 2021.   

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German concert promoter CTS Eventim was the No. 2 music stock of the week, rising 5.5% to 84.45 euros ($98.99). On Tuesday, Rothschild & Co. upgraded CTS Eventim to a “buy” rating and lowered its price target to 105.00 euros ($123.08) from 109.00 euros ($127.77).

Spotify was No. 3 after gaining 3.6% to $707.19. On Wednesday, Guggenheim reiterated its “buy” rating and $850 price target for Spotify while making the case that the company’s ability to raise prices will help it “exceed current consensus estimates” in 2026 and beyond. Although Spotify is well below its all-time high of $785.00 set on June 27, it has gained 51.6% this year, making it one of the best-performing music stocks. 

The 19-company Billboard Global Music Index (BGMI) rose 1.7% to 3,301.18, bringing its year-to-date gain to 42.7%. A dozen of the index’s stocks gained value during the week while seven lost ground. 

K-pop companies were among the 12 stocks that gained value this week. JYP Entertainment was up 3.4%, raising its year-to-date gain to 10.9%. HYBE improved 1.2%, which improved its 2025 gain to 44.5%. SM Entertainment rose 0.9%, lifting its year-to-date gain to 93.0%.

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Except for Spotify, the BGMI’s largest components had either small gains or modest losses. Universal Music Group rose 0.7% to 24.30; its year-to-date gain stands at 1.6%. Tencent Music Entertainment had a rare down week, falling 0.2% to $24.49 and lowering its 2025 gain to 119.6%. Live Nation fell 1.9% to $163.42, dropping its year-to-date gain to 26.2%.

Music streamer LiveOne was the week’s biggest loser after falling 20.0% to $0.44. Radio companies iHeartMedia and Cumulus Media dropped 11.4% and 5.9%, respectively.

Markets finished the week ahead but struggled at the end of the week after a disappointing jobs report showed a smaller-than-expected increase in payrolls and an increase in the unemployment rate. A Bureau of Labor Statistics report on Friday (Sept. 5) revealed that nonfarm payrolls increased 22,000 in August, versus economists’ expectations of 75,000. June’s payroll gain was revised down by 27,000 jobs, while July was revised up by 6,000. The unemployment rate rose to 4.3%. 

In the U.S., the tech-heavy Nasdaq composite index rose 2.6% and the S&P 500 gained 0.2%. The U.K.’s FTSE 100 also gained 0.2%. South Korea’s KOSPI composite index rose 0.6%. China’s Shanghai Composite Index fell 1.2%.


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Which New Music Release Is Your Favorite This Week? Vote!

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It’s the final new music Friday (April 24) of the month, and everyone from Noah Kahan to Kehlani and Suki Waterhouse have put forth some of their best work as May waits just around the corner.

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Kehlani

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This week, Vermont’s favorite folk-rock singer-songwriter finally returned with a new album after four years of Stick Season, his breakout album that reached No. 2 on the Billboard 200. The Great Divide is 17 tracks of Kahan reexamining his worldview after struggling with his mental health in the years since he found fame.

And, as if taking cues from the success of first-ever Billboard Hot 100 top 10 hit “Folded” (which reached No. 6 on the chart in January), Kehlani leans fully into classic R&B flavors in an intentional push to recenter the genre’s traditions. “All the R&B artists, we want R&B to be back,” the artist told Billboard ahead of being named Billboard Women in Music’s Impact honoree. “We want good, long songs. We want three verses and bridges and modulations and all the things – we want that too. We just didn’t think anybody else wanted it. I have an allegiance to the genre, and I’ll keep it there.”

On top of the bounty of new albums, several artists have released fresh singles — including Suki Waterhouse, who returns with “Tiny Raisin” shortly after announcing her next album, Loveland, as well as Hayley Kiyoko and Gigi Perez, who teamed up for heartfelt duet “Collide.” Plus, Dylan Gossett adds “My Boy” to the mix, written as a letter to his son.

But which release is your favorite this week? Let Billboard know by voting in the poll below.


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Celeb-Loved Juicy Couture T-Shirts Are On Sale for $8 Right Now (If You Hurry)

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All products and services featured are independently chosen by editors. However, Billboard may receive a commission on orders placed through its retail links, and the retailer may receive certain auditable data for accounting purposes.

It’s been almost three decades since the LA-based casual wear brand Juicy Couture first hit store shelves, and the Hollywood-loved label has made its way back into the spotlight in recent years thanks to the Y2K trend resurgence and newfound love from influencers online.

Best known for its T-shirts, handbags and yes, those velour tracksuits (reportedly designed exclusively for Madonna at first), Juicy Couture pieces were seen on practically every major celebrity in the 2000s, from Paris Hilton and Britney Spears, to Jennifer Lopez and Kim Kardashian. Musicians like Miley Cyrus, Nicole Scherzinger and even Beyoncé have also been spotted wearing Juicy Couture, and now, a new Amazon deal makes it easy for you to get into some JC as well.

Juicy Couture t-shirts amazon

LIMITED TIME DEAL

Juicy Couture Cap Sleeve T-Shirt (Five-Pack)

$38.24 $44.99 15% off

Buy Now On Amazon

Amazon is selling a five-pack of Juicy Couture T-shirts right now for just $39. Part of the “Juicy Sport” line, the cropped T-shirts are made from a super soft and breathable “performance” fabric that features a touch of spandex for easy movement and stretch.


That makes the T-shirts as ideal for a workout or yoga session as they are for pairing with your everyday ‘fits. The crop top look leans into the Y2K aesthetic and Amazon’s website shows the shirts styled with shorts, leggings and mini skirts alike.

This Amazon deal gets you five Juicy Couture T-shirts for under $40. That brings the price of each tee down to less than $8 — a virtually unheard of deal for generic T-shirts, let alone a brand name pick.

We like the five-pack above, which gets you a T-shirt in two shades of pink (including a light pink with the signature Juicy Couture cherries), plus navy blue, gray and black. You can choose from other color combinations online. The tees are available in sizes small to XXL.

Juicy Couture T-shirts deal

ALSO AVAILABLE

Juicy Couture T-Shirts (Three-Pack)

$29.74

Buy Now On Amazon

Don’t need five T-shirts? Amazon also sells a three-pack of Juicy Couture tees for just $30, bringing the price of each individual shirt to under $10.


Juicy Couture Queen of Everything Mini Duffle Bag

ALSO CONSIDER

Juicy Couture Queen of Everything Mini Duffle Bag

$45.09 $79.00 43% off

Buy Now On Amazon

And if you need a bag to take to the gym (or for an overnight stay), we like this mini barrel-style duffle bag, on sale for 43% off. The two-tone bag measures approximate 8.2 x 4.9 inches in size, which is enough room for your wallet, keys, change of clothes and toiletries. Choose to carry the bag via the top handle or with the detachable shoulder straps.


All of the above picks are officially-licensed products sold through Amazon’s Juicy Couture storefront. As with all Amazon deals, the sale prices could end at anytime, so we recommend adding the deals to cart while they are still live.

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Head Back to Hawkins With New ‘Stranger Things: Tales From ’85’ Soundtrack

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Netflix is bringing us back to the ’80s, and it’s making sure we have the right music for the occasion.

On Wednesday (April 22), Billboard can exclusively reveal that an original soundtrack is coming this week for the brand-new animated spin-off series Stranger Things: Tales From ’85. The score album, composed by Brad Breeck (Gravity Falls, We Bare Bears), will be released globally Thursday (April 23) at midnight ET.

Stranger Things: Tales From ’85 also arrives Thursday on Netflix, bringing viewers back to the fictional town of Hawkins, Indiana, in the ’80s and reuniting us with some of the original show’s main characters. And much like Stranger Things, music plays a large role in the new show.

“This collection bridges the gap between the eerie depths of the Upside Down and the vibrant, neon energy of the mid-’80s,” Netflix said in a statement.

Tales From ’85 will feature not only a brand-new version of the original Stranger Things theme song, but the first episodes also include a selection of ’80s hits from artists like Black Sabbath, Billy Idol, Cyndi Lauper and more. Needle drops throughout the series include “We Got the Beat” by The Go-Go’s, “A Forest” by The Cure and “We’ll Meet Again” by Vera Lynn, “Rebel Yell” by Idol, and Lauper’s Billboard Hot 100 chart-topper “Time After Time.”

If it’s anything like the original show, artists with songs played in the new series could see a bump in streams and chart placements in the aftermath of the show’s premiere. After featuring the songs in pivotal moments, Stranger Things brought Kate Bush‘s “Running Up That Hill (A Deal With God)” to a new peak of No. 3 on the Hot 100 in 2022, 37 years after its initial release, while Metallica’s “Master of Puppets” made its debut on the chart the same year, 36 years after it came out.

Fans can pre-save Stranger Things: Tales From ’85 (Soundtrack from the Netflix Series) by Brad Breeck here, and find the full score track list below.

Stranger Things: Tales From ’85 (Soundtrack from the Netflix Series) by Brad Breeck track list

Flamethrower (artists: Brad Breeck feat. Brian Parkhurst)
Kids Riding Bikes
Big Snowstorm Coming
Someone In There
HIC Theme
I Just Saved Your Life
Strange Stones
Gotta Go Dark
How Long Is Detention
Sewer Chase (artists: Brad Breeck feat. Brian Parkhurst)
Towns
Clean Up
Investigating Pumpkins
Heaven Eleven
Nice Time Tonight
Storm the Gates
What Were These Things
Ground Rules
seluR dnuorG
Her Royal Nastiness
We Have To Try
Tales from ’85 End Titles (artists: Brad Breeck feat. Cooper Babbes)

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