Has Mariah been dethroned?

Xavier has the latest news from the music world in today's On the Record.

Well it was a good run. For the first time in a long time Mariah isn’t the Queen. The former queen of Christmas has been dethroned.
Billboard said Mariah Carey’s “All I Want for Christmas Is You” has been replaced on the Global 200 chart by an ’80s classic.
“Last Christmas” by Wham! reached the No. 1 spot on the chart, Billboard said. This marks the first time another holiday song besides Carey’s “All I Want for Christmas Is You” has topped the chart since its launch in September 2020. Time to get ready for the Olympics Mimi!

The Weeknd has reportedly inked a new deal that will change the way artists sell their catalogs.
According to a report Variety published on Saturday, December 13, the Canadian artist, born Abel Tesfaye, and Lyric Capital Group have finalized a new business partnership that will invest in the singer's entire catalog through 2025. The deal allows Tesfaye and his manager, Wassim "Sal" Slaiby, to maintain ownership of all master recordings, along with the "Blinding Lights" crooner's publishing. The deal is not a traditional catalog sale. Sources told Billboard that Tesfaye and LCG essentially raised $1 billion for the singer's music assets, with 75 percent of the sum raised through debt. Lyric Capitol Partners now own 25 percent equity stake in the artist's catalog, but Abel and Sal will continue to possess all master recordings. The Weeknd will also own his publishing, which he and his writer own 75 percent of through a co-publishing stake, and will maintain all creative control. Looks like Abel is going to be set for life.

Remember this name??? Ciara is getting ready to make history this week as the headliner of the first-ever TikTok Awards.
On Monday, December 15, The Hollywood Reporter exclusively revealed that the "Goodies" singer will be the main performer at the inaugural award show for the finest creators on the social media platform.
“There’s nothing like performing for a community that loves movement, music, and expression as much as I do,” Ciara said in a statement. “The TikTok platform plays a significant role in entertainment. It is one of the most influential platforms in the world. The TikTok Awards are all about celebrating that spirit, and I’m honored to hit the stage for first-ever show in the US.”
Ciara isn't the only major name you'll see at the awards show. Hosted by La La Anthony, the TikTok Awards will feature appearances by Paris Hilton, Bethenny Frankel, Micky Gordon, Josh Richards, and Jordan Chiles. TikTok creators REI AMI, Tan France, Tefi Pessoa, Justin Danger, Patrick Starrr, Carter Gregory and Ashby Florence will also be in the building to present awards.