Major Labels

Universal Bans Song Streams, Cuts Nokia Free Music Deal. WILL THE REAL DOUG MORRIS PLEASE STAND UP?

Anyone who read Universal CEO Doug Morris’ recent Wired interview knows just how conflicted he and his fellow execs are about this whole digital revolution Music 2.0 thing.  But even. Continue reading

Bruce Houghton on 12/04/2007 in Major Labels | Permalink | Comments (4)
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UPDATE: Layoffs At Universal, Sony BMG, Other Major Labels

We broke this story over the weekend, but here is the list to date of update on this year’s Christmas layoffs at Island Def Jam, Sony BMG and elsewhere across. Continue reading

Bruce Houghton on 12/04/2007 in Major Labels | Permalink | Comments (2)
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Major Label Layoffs Update

CLICK HERE FOR THE LATEST UPDATES ON THIS DEVELOPING STORY. Read the latest news of the staff cuts at the major label groups: Sony BMG May Pink Slip Up To. Continue reading

Bruce Houghton on 12/03/2007 in Major Labels | Permalink | Comments (0)
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Layoffs At Sony-BMG Plus A Commentary

CLICK HERE FOR FOR THE LATEST UPDATES ON THIS DEVELOPING STORY This story first broke on Friday when Silicon Alley Insider reported that 40-70 "mid-level" executives will be let go. Continue reading

Bruce Houghton on 12/03/2007 in Major Labels | Permalink | Comments (2)
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Comic Skewers Universal’s Doug Morris

click on image to enlarge From HijiNKS ENSUE via Listening Post

Bruce Houghton on 11/30/2007 in Major Labels | Permalink | Comments (0)
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WMG Reports Thinner Profits Plus A 360 Sinatra Deal

WMG’s net profits fell to $5 million (3 cents a share) in the fourth fiscal quarter down from $12 million (8 cents a share) a year ago. Revenue rose 2%. Continue reading

Bruce Houghton on 11/29/2007 in Major Labels | Permalink | Comments (0)
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EMI Names Another SVP Digital – Mark Piibe

Even as rumors of pending staff cuts grow louder, EMI is bulking up its digital team with another executive suite appointment. Mark Piibe has been named SVP, Business Affairs for. Continue reading

Bruce Houghton on 11/28/2007 in Major Labels | Permalink | Comments (1)
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Universal CEO Doug Morris Speaks Out…A Little Too Loudly

"There was a cartoon character years ago called the Shmoo," he says in a raspy tenor. "It was in Li’l Abner. The Shmoo was a nice animal, a nice fella,. Continue reading

Bruce Houghton on 11/27/2007 in Major Labels | Permalink | Comments (0)
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New Label Models: Which Will Survive?

As CD sales and label profits tumble, a great deal of hope and excitement has been attached to a variety of new models: Music Is Free – And hope to. Continue reading

Bruce Houghton on 11/26/2007 in D.I.Y. | Permalink | Comments (10)
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EMI To Investors: Major Cuts, 766% Growth & $100M Indie Investment Fund Ahead

Terra Firma is privately telling investors that it will cut $223 million in fixed costs on top of existing EMI cost-saving initiatives. U.S. cuts include $31 million from sales and. Continue reading

Bruce Houghton on 11/13/2007 in Major Labels | Permalink | Comments (0)
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