Britney Spears Settles Legal Dispute With Father Over Conservatorship
Britney Spears has settled an outstanding legal dispute with her father that arose following the termination of the pop star’s 13-year conservatorship in 2021, Billboard has confirmed. Terms of the settlement were not disclosed. “It has been our honor and privilege to represent, protect, and defend Britney Spears,” said Spears’ attorney, Mathew Rosengart, in a statement sent to Billboard. “Although the conservatorship was terminated in November, 2021, her wish for freedom is now truly complete. As she desired, her freedom now includes that she will no longer need to attend or be involved with court or entangled with legal proceedings in this matter.” A legal scuffle ensued in the wake of the conservatorship’s dissolution in November 2021, when Rosengart vowed to investigate alleged misconduct by Spears’ father, Jamie Spears, during the years he served as his daughter’s conservator — including claims that he took millions from her estate, tried to control her with drugs and denied her the freedom to remove a birth control device. Trending on Billboard Conflict also arose over Jamie’s request in December 2021 that Britney’s estate continue paying his legal fees, arguing that the conservatorship’s termination did not end his ongoing “fiduciary obligations” and that he could face “personal bankruptcy and ruin” if his request was turned down. Rosengart responded by calling the request “not only legally meritless, but an abomination.” Britney was placed in a conservatorship controlled by her father in 2008 following a string of public breakdowns. The legal arrangement came under scrutiny beginning in 2019, when a pair of documentaries and a movement dubbed #FreeBritney launched by the superstar’s fans went viral, ultimately leading Britney to speak out on her own behalf in public court testimony. Attorneys for Jamie Spears did not immediately respond to Billboard‘s request for comment. You can read Rosengart’s full statement below. It has been our honor and privilege to represent, protect, and defend Britney Spears. Although the conservatorship was terminated in November, 2021, her wish for freedom is now truly complete. As she desired, her freedom now includes that she will no longer need to attend or be involved with court or entangled with legal proceedings in this matter. Britney Spears won when the court suspended her father, and Britney Spears won when her fundamental rights and civil liberties were restored. Since obtaining her freedom in late 2021, Britney Spears has achieved remarkable success on several fronts, including her August, 2022 collaboration with Sir Elton John on the smash hit Hold Me Closer (which debuted at number one on the Billboard Hot Dance/Electronic Songs chart and became her 24th top-ten single), followed by her landmark book deal with Simon & Schuster for her memoir The Woman in Me, an immediate NY Times #1 bestseller, which received universal, breathtaking praise and would not have been possible during the conservatorship. We repeat our gratification for being in a position to help restore the civil rights and liberties of Britney Spears and the honor and privilege it has been to serve and protect Ms. Spears and obtain her goals in resolving various legal matters pursuant to her thoughtful and wise instruction and requests, which once again are to her credit.
Normani’s New Single ‘1:59,’ Anitta’s ‘Funk Generation,’ Doja Cat’s Backlash, Latin AMAs 2024 Recap & More | Billboard News
It’s Friday, April 26th, and Doja Cat is getting backlash about her performance at Coachella, with many stating it wasn’t “safe for kids.” Normani released her new single featuring Gunna “1:59,” Anitta dropped her new album ‘Funk Generation’ and more. The Latin AMAs happened yesterday and we have all the updates from behind the scenes […]
Taylor Swift Likes Post of Kansas City Chiefs’ New Draft Pick
Karma is the new guy on the Chiefs! Wide receiver Xavier Worthy was drafted to the Kansas City Chiefs on Thursday (April 25), and the NFL team took to Instagram to share a clip of the sweet moment the 20-year-old found out the news. Taylor Swift showed support by liking the post, which was captioned, […]
HYBE Stock Rocked by ADOR CEO Controversy, Spotify Shares Hit Highest Mark in Three Years
HYBE was rocked by controversy this week after an audit of one of its subsidiary labels, ADOR, allegedly revealed that the label’s CEO, Min Hee-jin, “deliberately led the plan to take over management control of the subsidiary,” according to a statement sent by the company on Thursday (April 25). Shares of HYBE fell 7.8% on Monday (April 22) and ended the week down 12.6% to 201,500 won ($146.22). HYBE later reported Min, who owns an 18% stake in ADOR, to the police for “breach of trust and other allegations” and asked her to step down, it said in the April 25 statement. The dispute added to HYBE’s losses at a time when most music stocks are faring well. HYBE shares have fallen 13.7% year to date and 25.4% over the last year. HYBE was the biggest loser in a week most music companies’ stocks were up. In fact, five music companies’ stocks posted double-digit gains this week and only 7 of the 20 stocks in the Billboard Global Music Index were losers. The index gained 3.2% to 1,756.98, breaking a two-week losing streak and bringing its year-to-date increase to 14.5%. Trending on Billboard The week’s greatest gainer was streaming company LiveOne, which increased 14.5% to $1.90 after it provided two updates to upcoming earnings releases. On Monday, the company announced that it expects fiscal 2024 revenue of $118.5 million, up 19% from $99.5 million the previous year, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $14.4 million — about 32% above $10.9 million of EBITDA in the prior year. On Wednesday (April 24), LiveOne announced that PodcastOne expects revenue of $11.7 million in the fiscal fourth quarter 2024, up 32% year over year. LiveOne spun off PodcastOne in 2023 and retained an 81% stake. Two of the weeks’ best-performing stocks also reached their highest levels in years. Reservoir Media improved 13.8% to $9.10, its highest closing price since the stock closed at $9.20 on May 4, 2022. Chinese music streamer Tencent Music Entertainment gained 13.5% to $12.88, its best closing price since it closed at $13.02 on July 13, 2021. Hipgnosis Songs Fund (HSF) gained 12.9% to 1.038 pounds ($1.30) as Concord and Blackstone vie for control of the company’s share equity and 65,000-song portfolio. Notably, Friday’s closing price was 5 cents, or 4%, above Concord’s high bid of $1.25 per share, suggesting that some investors expect the bidding process to continue. As the HSF board weighs its options amidst a strategic review and building strife with its investment advisor, Hipgnosis Song Management, a sale seems inevitable. “I think investors have been through such a roller coaster most of them just want their money back,” Round Hill Music CEO Josh Gruss told Billboard this week. Spotify’s stock closed Friday up 5.0% to $289.59 after an up-and-down week. Shares rose 11.5% on Tuesday — and posted an intraday gain of 19.2% — following the release of the company’s first-quarter earnings report but gave back nearly all the gains over the next two days by falling 6.8% and 2.3% on Wednesday and Thursday, respectively. Tuesday’s (April 23) intraday high of $319.30 was Spotify’s highest share price in over three years. The last time Spotify traded above $319.30 was Mar. 8, 2021, when shares reached $323.04. The stock dropped below $100, to $96.67, on Apr. 27, 2022, and fell as far as $69.29 on Nov. 4, 2022. Since that low point a year and a half ago, as Spotify has cut its workforce and focused on improving margins, its share price has risen 218%. Indexes around the world posted gains this week. In the United States, the Nasdaq was up 4.2% to 15,927.90 and the S&P 500 improved 2.7% to 5,099.96. Both indexes were helped by Alphabet, which rose 10% to $173.69 on Friday after releasing first-quarter earnings and announcing a $70 billion buyback program. In the United Kingdom, the FTSE 100 rose 3.1% to 8,139.83. South Korea’s KOSPI composite index gained 2.5% to 2,656.33. China’s Shanghai Composite Index rose 0.8% to 3,088.64.
Doja Cat Bares All in See-Through Swimsuit
Summer is just around the corner, and Doja Cat is bringing the heat with her new Instagram post. The “Paint the Town Red” star share a series of snaps to the platform in which she’s seen kneeling poolside in a see-through white, thong swimsuit — with her chest and booty on full display. She paired […]
This Bestselling Steve Madden Crossbody Bag Is Perfect for Concerts – and It’s on Sale for $39.99
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. Watch Latin American Music Awards If you are headed to a concert or other event, you might want to level up […]
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