Uncategorized

New Music Business Briefing: DMG & Radio Report To Wall Street, Universal Signals Mobile’s Importance & More

>>> As we reported yesterday Warner Music Group losses widened to $27 million.  But as elsewhere in the industry, publishing was a bright spot up 11%. Here is a copy of the SEC filing for all of WMG.

>>> Digital Music Group, a content owner and digital distributor, will release its 1stQ results after theDigitalmusicgroup market closes today and host a conference call tomorrow at 11:00 a.m. ET.  To participate call 866-356-3093 or 617-597-5381 five minutes prior to the start and use passcode  42971891. A live webcast is available on the company’s website where a recording of the call will also be archived.

Ticketmaster
>>> Ticketmaster is giving away a new music download sampler with every ticket purchsase alonside a summer promotion offering an iTunes download with each ticket. (press release)

>>> A new eMarketer study shows a continued decline in CD sales but is very optimistic about growth in the digital, mobile and live music sectors. (press release)

>>> A roundup of earnings reports from radio broadcast groups to Wall Street from FMQB.

Universal
>>> At Universal Rio Caref adds VP stripes at both the Mobile Music Unit and eLabs. It’s another sign that may labels are hoping that mobile may be the answer to the revenue sign.Itunes

>>> iTunes and the download revolution is creating increased revenue streams for classic and long forgotten artists. (LA Times)

>>> NPR has produced a good overview of Fair Use in music, film and video. (audio)

Share on: