Here’s all the music industry news you need to know today.

Australia’s Isaiah has placed ninth in the 2017 Eurovision Song Contest Grand Final. Salvador Sobral of Portugal wins first place.   – via SMH

earMUSIC has announced the worldwide signing of legendary shock-rocker Alice Cooper. – via IconVision

Tina Arena adds 2nd Melbourne show to the Innocence to Understanding Tour – 1st Brisbane show sold out – via Tina Arena

Fairfax Media’s board of directors will meet today to decide on TPG Capital’s $2.2 billion partial buyout proposal, which is likely to be rejected – via The Australian

Warner/Chappell climbs to 12% global share of publishing as indies rule sector – via MBW

Reclink Australia announced Australia’s fastest rising hip-hop act REMI and art and destruction favourites Boxwars have been added to the 24th annual Melbourne Reclink Community Cup on Sunday 25 June – via Community Cup

The chief executive of US viral content powerhouse BuzzFeed has signalled the millennial media company is on track for an initial public offering as soon as next year – via AFR

Drake Makes a Hilarious Cameo in ‘T-Dot Goon Scrap DVD 2’ – via Complex

Katy Perry in Talks to Judge ABC’s ‘American Idol’ Revival – via Billboard

Travis Scott Arrested for Inciting Riot at Arkansas Concert – via Billboard

Watch Axl Rose & Billy Joel Cover AC/DC’s “Highway To Hell” – via Stereogum

This article originally appeared on The Industry Observer, which is now part of The Music Network.