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iHeartMedia Owes Artists $16.4 Million While Top Execs Get $15.5 Million

iHeartMedia, the United States' largest owner of radio stations officially filed for bankruptcy last week. The company announced it reached an agreement with debtors...

iHeartMedia May Declare Bankruptcy Soon

iHeartMedia, corporate owners of 855 radio stations (including Power 105, home of The Breakfast Club), is reportedly preparing to enter Chapter 11 bankruptcy. The...

50 Cent Tells Bankruptcy Court He Isn’t Actually a Bitcoin Millionaire

Reports surfaced recently that 50 Cent apparently sold his album Animal Ambition for bitcoin a few years back and made a few hundred units...

Pemberton Music Festival Goes Bankrupt, Cancels 2017 Shows

Some great artists were set to play the Pemberton Music Festival July 13-16th this year. A Tribe Called Quest and Chance the Rapper, for...

Chris Brown Likely To Go Bankrupt, Ex-Manager Says

Chris Brown is "on the brink of bankruptcy" if he keeps spending lavishly and losing income as fast as he is. This is according to...

50 Cent Reaches A Deal With Creditors To Solve Bankruptcy Woes

50 cent's money problems may be over pretty soon. According to Hartford Currant, he's in the final steps of making a deal with his creditors. This...