Billboard
Entertainment
HYBE, JYP Entertainment Shares Eke Out Small Gains as Most Music Stocks Get Pummeled
Music stocks fell sharply this week amidst concerns about the ongoing U.S federal government shutdown, as President Trump’s latest threat to levy “massive” tariffs on goods produced in China dragged down markets on Friday (Oct. 10).
Only three stocks — Spotify, JYP Entertainment and HYBE — in the 19-company Billboard Global Music Index (BGMI) finished the week ended Oct. 10 with gains. Dragged down by numerous losses near or greater than 10%, the BGMI fell 1.9% to 2,899.73, its third consecutive weekly decline.
Music stocks fared better than major U.S. indexes, though. The Nasdaq dropped 2.5% and the S&P 500 fell 2.4%. However, foreign exchanges that are less exposed to the U.S. trade war with China were better off. The U.K.’s FTSE 100 rose 0.7% to 9,427.47. South Korea’s KOSPI composite index jumped 1.7% to 3,610.60, and China’s Shanghai Composite Index improved 0.4% to 3,897.03.
Just as the KOSPI outperformed other indexes, K-pop companies were the best-performing music stocks of the week. JYP Entertainment’s 2.2% gain made it the week’s best performer. Fellow K-pop company HYBE was close behind with a 1.9% increase. SM Entertainment posted only a slight loss of 0.6%.
Streaming services performed relatively well as a group. Spotify eked out a 0.7% gain, raising its year-to-date increase to 46.9%. Deezer managed a modest 0.9% decline to 1.16 euros ($1.35) while Netease Cloud Music fell just 1.2% to 253.00 HKD ($32.51). Tencent Music Entertainment dropped 2.0% to $22.44.
SiriusXM was the week’s biggest loser, falling 10.1% to $20.93. The loss turned a slight year-to-date gain into a 6.4% loss in 2025. The next-worst decline came from iHeartMedia, which fell 9.8% to $2.59 after numerous news outlets reported layoffs at iHeart radio stations around the country.
Live Nation dipped 2.1% to $152.96, lowering its year-to-date gain to 18.1%. Earlier in the week, Wolfe Research increased its price target to $180 from $177 and maintained its “outperform” rating on Live Nation shares. After finishing the week ended Sept. 12 at $173.73, Live Nation shares have fallen for four consecutive weeks and lost 12.0% of their value. Some of that decline could be attributed to the Federal Trade Commission lawsuit filed on Sept. 18, but other live music stocks have dropped, too.
Sphere Entertainment Co. had a rare losing week, falling 6.3% to $58.98. Earlier in the week, BTIG initiated coverage of Sphere Entertainment Co. with a “neutral” rating. Sphere shares are up 38.9% year to date and have jumped 47.9% in the last eight weeks. Sister company MSG Entertainment was the week’s third-worst performer, falling 8.4% to $41.77.
German concert promoter and ticketing company CTS Eventim dropped 4.7% to 79.25 euros ($92.10). The company’s recent downturn has mirrored that of Live Nation. After four consecutive losing weeks, CTS Eventim’s stock price has fallen 8.8%.
Outside of K-pop, multi-sector companies — recorded music, publishing, merchandise and more — had an unusually poor week. Universal Music Group (UMG) fell 7.2% to 23.16 euros ($26.92). Warner Music Group dropped 5.3% to $32.08. Reservoir Media was down 2.3% to $7.60.
Only a few companies have announced the dates for their third-quarter earnings releases. SiriusXM and UMG will be first out of the gate on Oct. 30, followed by Spotify on Nov. 4.
Billboard
Billboard
Continue Reading
Television this year is about to get turned up a few notches, as Euphoria is slated to return with season three on April 12 following a four-year hiatus. HBO released a second trailer for the Zendaya-starring show on Monday (March 30).
The high-school days seem to be long in the rearview mirror, as season three feels more like a set of Grand Theft Auto campaign missions and takes place about five years post graduation.
The clip kicks off with Rue (Zendaya) being interrogated by authorities about a recent trip to Mexico. The scene pivots to her involvement with a Mexican drug lord, which finds Rue in a tricky predicament of having to swallow what appears to be a ball of drugs and act as a mule.
Nate (Jacob Elordi) and Cassie’s (Sydney Sweeney) toxic relationship ended with wedding bells, as the trailer shows the couple getting married, which is sure to come with plenty of drama. Maddie (Alexa Demie) also hops behind the camera to direct some adult content photo shoots for Cassie, who has rekindled their friendship.
Lexi (Maude Apatow) looks to have landed her dream job working on the set of a TV show. Euphoria also welcomes the returns of the late Eric Dane (who portrays Cal Jacobs), Colman Domingo (Ali), Dominic Fike (Elliot), Hunter Schafer (Jules) and Chloe Cherry (Faye).
“Mom, I really need to come home,” a teary-eyed Rue pleads with her mother. The superstar actress is also seen in the trailer being pulled over by police during a traffic stop, which appears to lead to the intense interrogation.
There’s also some new blood injected into season three, which will find appearances from Sharon Stone, former NFL star Marshawn Lynch, Rosalía, Danielle Deadwyler, Trisha Paytas, Natasha Lyonne and Eli Roth.
Season two aired in 2022, which came three years after a dynamic opening season in 2019.
Watch the Euphoria trailer above. Season three returns on April 12 on HBO, with the eight-episode season set to wrap on May 31.
The third and final day of the 2026 Tecate Pa’l Norte festival on Sunday (March 29) brought the triumphant return of The Killers to Monterrey, Mexico — with plenty of music and Spanish dialogues from lead singer Brandon Flowers — as well as the comeback of Zoé after an eight-year absence, and the energy of singer-songwriter Halsey, who celebrated the Mexican rock trio The Warning as “hometown heroes.”
Panteón Rococó added a festive touch to close out the marathon day with its brand of ska, and Djo took the audience on a musical journey filled with synthesizers and melodic guitars, creating an intimate moment full of nostalgia and joy. Molotov stood out with their punk rock and irreverent lyrics, while the veteran band Los Cardenales de Nuevo León reaffirmed their status as legends of regional Mexican music.
The final day of activities at what is considered the largest music festival in northern Mexico also delivered thrilling moments with performances by Siddartha, Omar Courtz, Santos Bravos, Rusowsky, Yami Safdie, Moenia, Love of Lesbian, Marky Ramone and Daniela Spalla. Among the surprises the festival offered was a performance by the female duo Los Horóscopos de Durango, as well as a ‘90s party brought to life by bands such as OV7, Magneto and JNS.
In total, Tecate Pa’l Norte 2026 brought together approximately 300,000 people over its three days, according to estimates from the organizers based on figures recorded in recent years. In its 14th edition, the acclaimed festival — founded by Apodaca Group and in recent years associated with promoter Ocesa — was held from March 27 to March 29 at Parque Fundidora in this city bordering the United States.
Below, read about five of our favorite moments from Day 3 of the festival. (Click for summaries of Day 1 and Day 2.)
Entertainment
‘Saturday Night Live UK’: Where to Watch the British Version of the Sketch Comedy Show Online for Free
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.
“Live from London, it’s Saturday Night!” After more than 50 seasons of TV, Saturday Night Live expands outside of the United States to England with Saturday Night Live UK. The new sketch comedy show has tapped Fifty Shades of Grey actor Jamie Dornan to host, while English rock band Wolf Alice is set to perform as musical guest.
Although SNL UK broadcasts live on Saturday, March 28 at 10 p.m. GMT on British broadcaster Sky UK, it drops in the United States the following day on Sunday, March 29 at 9 p.m. ET/PT on Peacock.
Peacock
Want to watch SNL UK online for free? Your easiest bet is to sign up a 30-day free trial to Walmart+, which features access to Peacock as one of its member’s perks, to stream the sketch comedy show online without needing a pay for a subscription service. Learn more about Walmart+ here.
Alternatively, you can subscribe to Peacock directly, which is the official NBCUniversal streamer, starting at $10.99 per month. Peacock gives you access to NBC, Bravo, USA Network, CNBC, NBC Sports and Peacock Originals, like SNL UK.
Meanwhile, Jamie Dornan has taken a few years away from starring on the big screen with his last appearance in A Haunting in Venice in 2023. However, he’s due to star in Michael Cera’s feature film directorial debut Love Is Not the Answer later in 2026 or 2027.
As for Wolf Alice, the band is coming off the release of their album The Clearing in August 2025, while they are set to tour the world starting at the Pepsi Center in Mexico City, Mexico on Wednesday, May 20.
SNL UK features a cast of British comedy actors and comedians, including:
- Hammed Animashaun
- Ayoade Bamgboye
- Larry Dean
- Celeste Dring
- George Fouracres
- Ania Magliano
- Annabel Marlow
- Al Nash
- Jack Shep
- Emma Sidi
- Paddy Young
In the meantime, watch a promo reel for this weekend’s episode below:
Want more? For more product recommendations, check out our roundups of the best Xbox deals, studio headphones and Nintendo Switch accessories.
Business1 second ago
How to watch Austria vs. Ghana online for free
Tech13 seconds ago
Hackers are exploiting a vulnerability in lots of e-commerce sites
Tech22 seconds ago
How to watch Czechia vs. Ireland online for free
Politics7 months ago
SEND IN THE TROOPS! At Least 5 Dead, 10 Wounded So Far in Chicago Weekend Shootings
Business6 months ago
How I Paid Off My Mortgage 10 Years Early On A Teacher’s Salary
Politics6 months ago
Black Lives Matter Activist in Boston Pleads Guilty to Federal Fraud Charges – Scammed Donors to Fund Her Lifestyle
-
Politics7 months agoSEND IN THE TROOPS! At Least 5 Dead, 10 Wounded So Far in Chicago Weekend Shootings
-
Business6 months ago
How I Paid Off My Mortgage 10 Years Early On A Teacher’s Salary
-
Politics6 months agoBlack Lives Matter Activist in Boston Pleads Guilty to Federal Fraud Charges – Scammed Donors to Fund Her Lifestyle
-
Tech7 months agoGet a lifetime subscription to the “ChatGPT for investors” for under $60
-
Tech6 months agoReview: The Dreame H15 Pro CarpetFlex is the first wet/dry vacuum I liked
-
Business7 months ago
25 Low-Effort Side Hustles You Can Start This Weekend
-
Business7 months ago
9 Ways to Command a Six-Figure Salary Without a Bachelor’s
-
Entertainment6 months agoFat Joe Recalls Bruno Mars Snapping on Him Over Question About Puerto Rican Roots: ‘Broke My Heart’