Madonna Partners with Bilt on Exclusive Confessions II Vinyl

Business

Madonna Partners with Bilt on Exclusive Confessions II Vinyl

2026-05-27 22:26 Last Updated At：22:51

NEW YORK--(BUSINESS WIRE)--May 27, 2026--

Bilt, the membership that connects where you live with the places you love, today announced an exclusive collaboration with Madonna to celebrate the July 3 release of Confessions II, the highly anticipated follow-up to her acclaimed 2005 album Confessions on a Dance Floor. The collaboration anchors one of the year's biggest album launches to a full-circle moment in New York City, the city she has referred to as the “greatest teacher.”

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260527993052/en/

As part of the collaboration, Bilt is covering one month of studio rent for every musician currently leasing space at The Music Building, the legendary rehearsal facility at 584 Eighth Avenue in Midtown Manhattan where Madonna once lived and formed the beginning of her music career. Founded in 1979, The Music Building has served as a working home for generations of New York artists — a place where musicians at every stage of their careers have come to rehearse, write, and find their footing in one of the world's most demanding creative cities. Bilt's contribution honors the space that was part of Madonna's own origin story, and the artists continuing that tradition today.

Madonna reflecting on her early days in New York City stated: "artists arrive every day to New York, with a dream and more often than not with little else. As much as I struggled when I showed up here with nothing, I look back very fondly on this time in my life. The creativity, diversity and community of artists all supporting each other while having the freedom to experiment is something I would have never experienced in another place.”

The collaboration features a Bilt-exclusive limited edition vinyl of Confessions II with custom artwork and exclusive photographs by Raphael Pavarotti specifically for Bilt Members; member-exclusive release parties on album release night across New York, Los Angeles, and Chicago; and a special edition of Bilt's monthly game show, Rent Free™, in which Madonna is the featured contestant giving members nationwide a chance to win free rent payments of up to $2,500.

"There are so few artists who have shaped New York the way Madonna has," said Ankur Jain, Founder and CEO of Bilt. "She came to this city with next to nothing, and in building something extraordinary, she became part of its DNA. When we had the chance to work with her, we knew we had to honor that story — not just by celebrating the album, but by giving back to the building where she first found her sound. The Music Building has been a home to generations of artists who arrived in New York the same way she did: with big dreams and little else. We couldn't think of a more fitting way to mark this moment than making sure the artists in that building today don't have to choose between their rent and their art."

About Bilt

Launched in 2021, Bilt is the membership for where you live and the hospitality platform powering the residential ecosystem around it. For members, Bilt makes where our members live the center of their lives – allowing them to earn rewards on housing payments, access neighborhood services, build a path to homeownership, and redeem points across a best-in-class travel and lifestyle ecosystem including airlines, hotels, boutique fitness studios, neighborhood restaurants, and more. For partners, from residential properties and neighborhood merchants to travel advisors, Bilt's hospitality platform provides the tools to deliver exceptional customer experiences and build deeper relationships with residents. The Bilt Alliance spans more than 6.5 million homes across the country, developed in partnership with some of the nation's largest residential owners and operators. Bilt boasts the highest value rewards currency on the market today. For more information, visit www.bilt.com.

Wall Street hangs near its records as oil prices ease

NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.

The S&P 500 was virtually unchanged a day after setting its all-time high. The Dow Jones Industrial Average was up 335 points, or 0.7%, as of 10:30 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.

Stocks of companies with big fuel bills helped lead the way on hopes that lower oil prices will remove a big drag on their profits. Norwegian Cruise Line Holdings rallied 6.1%, and United Airlines climbed 7%. Delta Air Lines rose 4.8% and is on track to set an all-time high.

The price for a barrel of Brent crude oil fell 3.8% to $95.80 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.5%, to $89.64 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf again.

Stocks have been able to run to records despite the painful inflation and uncertainty caused by high oil prices largely because companies have reported surprisingly strong profits for the start of 2026, and the forecast is for them to continue.

Bath & Body Works rallied 15.2%, and Abercrombie & Fitch climbed 13.5% after both reported bigger profit for the latest quarter than analysts expected. That's even as U.S. consumers continue to say they're feeling discouraged about the economy and inflation.

Lululemon Athletica rose 6.6% after reaching a deal with its founder, Chip Wilson, where it will add a former chief marketing officer of ESPN and a former co-CEO of On to its board of directors.

On the losing side of Wall Street was Dick's Sporting Goods, which dropped 4.2% despite delivering a profit for the latest quarter that edged past expectations. Analysts pointed to how much profit it wrung out of each $1 in revenue, which some called a bit weak.

Oil-and-gas stocks also sank, hurt by dropping prices for crude. Exxon Mobil fell 1.8%, and Chevron sank 1.8% to cut into their big gains for the year so far. Halliburton dropped 4.8% to trim its gain for the year so far back below 39%.

In the bond market, Treasury yields eased after falling oil prices took pressure off inflation. The yield on the 10-year Treasury slipped to 4.47% from 4.50% late Tuesday and from 4.67% roughly a week ago.

It’s a respite following recent gains for yields in bond markets worldwide, which threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the artificial-intelligence data centers that have supported the U.S. economy’s growth recently.

In stock markets abroad, indexes were mixed across Europe and Asia. South Korea's Kospi was one of the world's best performers and jumped 2.3% after SK Hynix, which is a big beneficiary of the artificial-intelligence boom, soared 9.3%.

A day before, Micron Technology surged to become the latest Big Tech company to be worth more than $1 trillion on AI excitement. Its stock has more than tripled already in 2026, and analysts at UBS said Tuesday it could soar even more because of how fundamentally AI has improved demand for computer memory.

AP Business Writer Elaine Kurtenbach contributed to this report.