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Billboard Explains delves into the role of record labels, how they make profit and how they're evolving in the age of social media.

Olivia Rodrigo, Dua Lipa and other big acts have changed their teams over the past couple months; and how the Staples Center lost its name.

Mayor Bill de Blasio issued an official proclamation honoring the reopened Drama Book Shop for contributing to the city's cultural revival.

What to make of all this Drake history? And how has he been able to keep this up for so long? Billboard staffers debate these questions and more below.

Inside Track: UMG’s Executive Pay; Clive Davis Interviews Joni Mitchell Billboard 5/14/2021 UMG Executive Committee’s Big Payday Universal Music Group’s 11-person executive committee was paid a total of $128.4 million in short-term employee benefits — most likely salaries and bonuses – in 2020, according to financial information released by the music group’s parent company Vivendi. When post-employee benefits and share-based payouts are added, that total jumps to $132 million — almost double the $62.2 million paid to the executive team in 2018. According to the UMG website, th...