We7 To Add EMI To Ad Supported Service

We7 will add 400,000 tracks from EMI later this year for both on-demand ad funded streaming and paid MP3 downloads. EMI joins WMG and Sony BMG in signing on to. Continue reading

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7digital Adds Universal MP3’s. Amazon Next?

UK based 7digital began selling music from Universal Music as 320K mp3’s today.  It’s a first for Europe and appears that the site is offering both new product and deep. Continue reading

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Jeff Kempler New EMI A&R COO

Jeff Kempler has been appointed to the newly created position of Chief Operating Officer, A&R Labels – North America, UK & Ireland at EMI Music.  He will report to Nick. Continue reading

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Majors Withdraw From IFPI Hong Kong

In a sudden announcement in Hong Kong yesterday, all four majors revealed that they were pulling out of the IFPI in Hong Kong and they will be setting up a. Continue reading

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Another WMG Exec, Another 75K Shares

UPDATED CORRECTION:  WMG’s Mark David was granted 75,000 additional stock options as part of his promotion to Executive Vice President, Human Resources and Chief Compliance Officer of  the label group.. Continue reading

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WMG’s Cohen Cashes In $6.8M, Stock Tanks

In part to pay for a $6.8 million "tear down" in the Hamptons, Warner Music Group senior executive Lyor Cohen has sold 800,000 shares of company stock at $8.45 for. Continue reading

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Gatfield Names Steven Melrose EMI A&R VP

Nick Gatfield, EMI’s new President, A&R Labels, North America, UK & Ireland, continues to build his own team with the appointment of artist manager and A&R exec Steven Melrose as. Continue reading

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WMG Cuts Loss To $9 Million

For the 3rd Q of 2008, domestic revenue  for the Warner Music Group declined 6.5% while international was up 17.2%. When fluctuations in the value of the dollar were factored. Continue reading

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Did Columbia Prank Hypebot’s Prank?

Just a few days after our prank placing a "Major Labels Are Obsolete" ad on ColumbiaRecords.com, eagle-eyed reader Scott Feldman noticed that Columbia had placed an ad below a follow-up. Continue reading

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Sony Purchases Bertelsmann’s 50% Of Sony BMG

DEAL VALUED AT $1.2 – $1.3 BILLION UPDATED: Sony has agreed to acquire Bertelsmann’s 50% stake in Sony BMG and will rename it Sony Music Entertainment Inc. (SMEI). The deal. Continue reading

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