It Was A Bad Day For Warner Music Group
Just hours after Warner Music Group reported an $18 million quarterly loss, the company's stock had fallen 18% or $1.25 to $5.81. WMG recovered slightly by the close of trading,. Continue reading
Live Nation & iTunes To Offer Concert Downloads
(UPDATED) In a smart piece of brand extension, concert promoters Live Nation has joined forces with iTunes for live music and video offering debuting today. A new section of iTunes. Continue reading
Amanda Palmer Shares Her Secrets
Hypebot readers had a special opportunity to ask indie artist Amanda Palmer questions about her unique approach to d.i.y promotion. Digital music marketer Jim McDermott (a former major label digital. Continue reading
Spotify Fights Back: “We Paid More Than That!”
Yesterday I reported that Lady Gaga got just $167 from Spotify for 1 million plays. Our smart readers commented that this was probably only part of the story. Yesterday Spotify. Continue reading
MOG $5 Music Subscriptions To Launch Dec 2
MOG’s premium music service, MOG All Access, will go live at 7 AM PST December 2nd. MOG promises a deep on-demand library for $5 a month with free trials offered. Continue reading
Warner Music Group Reports Continuing Losses
This morning Warner Music Group reported: Revenue of $861M for the fourth quarter of 2009 increased 1% from the prior-year quarter. Full-year 2009 revenue declined 9% to $3,176 million. Digital. Continue reading
More Music Industry News: Lilly Allen, EMI $’s, Topsin Adds, Fontana Deals, Swedish Sales Soar
Are economics dooming free streaming sites? (CNet) Lily Allen: Sell bootlegs of my CDs, don’t share for free – UK recording artist, and vocal anti-file-sharing critic, remarks that she’s fine. Continue reading
Ian Rogers: The Get Busy Committee On Acid, Home Recording & The D.I.Y. Attitude
In this gues post Topspin's Ian Rogers continues to make good on his promise to blog about his experiences as the manager of Get Busy Committee. In this post, he. Continue reading
Despite Debt EMI Reports Improvement
Last week Citi refused to re-write EMI's massive debt forcing owner Terra Firma to write off 90% of its original investment (a bit of a tax trick, but still…). Despite. Continue reading
Report: Spotify Paid Lady Gaga $167 For 1M Plays
(UPDATED) Lady Gaga’s “Poker Face” was one of the most popular tracks for 5 months on Spotify; being played more than 1 million times. But according to reports this weekend,. Continue reading
