BMG songwriters have once again dominated the newly published Billboard Hot 100 chart (week ending May 27, 2017) laying claim to the Number One, Two and Three spots while also claiming shares of additional songs in the Top 10 and many others rounding out The Hot 100. This week, BMG has upped its shares to a total of 26 songs in the Hot 100.
Topping the new chart is Luis Fonsi’s smash hit ‘Despacito' (remix) featuring justin bieber. The song includes a contribution from longtime Bieber collaborator and BMG hit songwriter Poo Bear. An international phenomenon, ‘Despacito’ (remix) is now topping the charts around the world as well as the Spotify Global Top 50.
‘That’s What I Like’, the platinum-certified second single from BMG songwriter Bruno Mars’ latest album release 24K Magic, holds steady at Number Two. The undeniable hit song has now spent 17 consecutive weeks on the chart, peaking at Number One.
Rounding out the trio at Number Three is 'I’m The One’ by DJ Khaled featuring an all-star lineup of Justin Bieber, Quavo, Chance the Rapper and Lil Wayne. The song debuted atop the chart last week marking his first Hot 100 hit. BMG songwriters contributing to the track include Nic Nac, Poo Bear, Bobby Brackins, Ray Jacobs and DJ Khaled.
Elsewhere on the Billboard charts, BMG new album chart debuts include At The Drive In's in·ter·a·li·a (Rise Records) bowing at number two on the Independent Albums chart, number three Vinyl Albums, number 20 Top Album Sales, and number 39 Billboard 200.
Blondie Pollinator reaches number four Independent Albums, number seven Alternative Albums, number 15 Top Rock Albums, number 17 Vinyl Albums, number 24 Top Album Sales, and number 63 on the Billboard 200. The group’s latest chart topping single ‘Fun’ currently sits at number 13 Dance Club Songs, while ‘Long Time’ holds steady at number 23 Adult Alternative Songs.
Nick Cave & The Bad Seeds Lovely Creatures: The Best of Nick Cave and The Bad Seeds (1984-2014) lands at number 15 on both Independent Albums and Tastemaker Albums, and number 72 Top Album Sales. LP Lost On You enters at number seven Heatseekers Albums and number 87 Top Album Sales.
Entertainment Stocks on Investors' Radar -- Twenty-First Century Fox, Comcast, Walt Disney and CBS Corp.
Twenty-First Century Fox
At the close on Monday, shares in New York headquartered Twenty-First Century Fox Inc. rose 0.58%, ending the day at $27.56. The stock recorded a trading volume of 13.80 million shares, which was above its three months average volume of 11.64 million shares. The Company's shares have advanced 13.73% in the previous three months and 2.81% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.42% and 1.92%, respectively. Moreover, shares of Twenty-First Century Fox, which together with its subsidiaries, operates as a diversified media and entertainment company in the US, the UK, Continental Europe, Asia, Latin America, and internationally, have a Relative Strength Index (RSI) of 53.57.
On November 22nd, 2016, AT&T and Fox Networks Group, a primary operating unit of 21st Century Fox, announced that they have reached an agreement to extend the Fox portfolio of networks across AT&T DIRECTV products including AT&T's new streaming service DIRECTV NOW. The parties have also agreed on a framework for FOX Broadcasting Company programming to be delivered to DIRECTV NOW customers nationwide. FOXA complete research report is just a click away and free at: