Major Labels

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

Bruce Houghton on 09/02/2008 in Major Labels | Permalink | Comments (1)
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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

Bruce Houghton on 09/01/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/29/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/21/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/19/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/14/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/13/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/07/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/06/2008 in Major Labels | Permalink | Comments (0)
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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

Bruce Houghton on 08/05/2008 in Major Labels | Permalink | Comments (0)
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