As Music Industry Struggles, Artist Income Grows
(Updated) The UK's Times Online called this "the chart that the music industry didn't want you to see;" and I've been hesitating publishing it without adding context and analysis. But. Continue reading
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
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
Hulu Nabs Norah Jones And EMI
EMI Music becomes the first major label group to pact with Hulu, the popular U.S. online video service that offers TV shows and movie. EMI will offer concerts and videos. Continue reading
WMG Pacts With FreeWheel To Monetize Video
The Warner Music Group has signed on with FreeWheel to manage and monetize its online advertising strategy. Under the agreement, WMG will use FreeWheel's Monetization Rights Management (MRM) platform to. Continue reading
EMI Music Appoints CFO, General Counsel
Shane Naughton Named Chief Financial OfficerKyla Mullins Joins As General Counsel EMI Music today announced the appointments of Shane Naughton to the position of Chief Financial Officer and Kyla Mullins. Continue reading
“Wire” Producers To Bring Record Industry To HBO. Who Should Play The Roles?
The producers of the hit HBO series 'The Wire'' have purchased the rights to Rolling Stone journalist Steve Knopper's "Appetite for Self-Destruction: The Spectacular Crash of the Record Industry in. Continue reading
EMI Diversifies With Abbey Road Live Recordings
An expanded move by EMI into live concert recordings offers a glimpse both at a much needed revenue stream for record labels and an additional income source for many artists.. Continue reading
Report: Universal Music CEO Morris To Step Aside
Universal Music Group's Doug Morris will step aside next year and international chief Lucian Grainge will assume the role of CEO, according to BusinessWeek. Morris, who is 71 this month,. Continue reading
Universal Names Cameo Carlson EVP UMRG
Cameo Carlson has been promoted to EVP of the Universal Motown Republic Group of labels. Her appointment is notable in part because Carlson's background is in digital music, as well. Continue reading
