EMI Stock Up After Profit Warning And New Anti-Takeover Plan
EMI stock rose 8% yesterday on the London Exchange after reporting profits of $349 million exceeding analysts expectations. At the same time the company forecast that despite impressive 59% gains. Continue reading
WMG Sends Mixed MP3 Message
First AnywhereCD (run by by the founder of mp3.com Micheal Robertson) started selling a CD/mp3 combo that promises "no restrictions" including some by big name Warner Music Group artists Then. Continue reading
Wired Gets EMI DRM Story Wrong
In an "analysis" on Wired.com (here) writer Eliot Van Buskirk calls Microsoft the big looser in the EMI Apple hookup for DRM free downloads. Wired’s reasoning is that "…The decision. Continue reading
UPDATED: EMI Offers Entire Catalog DRM Free
UPDATED: The Beatles weren’t the talk of Monday’s joint press conference held by EMI Group and Apple in London, but a new plan to sell EMI tracks free of DRM. Continue reading
Has Amazon bought eMusic? What Announcement Does EMI & Apple Have Planned For Monday Morning?
The chatter is hot and heavy again that #2 digital download site eMusic is very close to being sold. Speculation is flying hotter than ever before that a sale is. Continue reading
EMI’s Nicoli Speaks Out
In a wide ranging keynote speech at the CITA mobile conference, EMI head Eric Nicoli spoke about the state of the music industry and EMI’s plans to overcome the current. Continue reading
New Music Tipsheet’s Perry Chronicles Industry Woes
"… CD sales are down. WAY down, 20% so far this year alone — that translates into at least $300 MILLION dollars in gross revenues lost… I’ve been hearing it. Continue reading
EMI Cuts Exclusive Nokia Cross-Promo Pact
The announcement action in the music space this week is in Florida at the CITA mobile phone conference. During a keynote speech there today, EMI CEO Eric Nicoli announced a. Continue reading
NY Times Looks At New Music Business
“You have to create an almost hysterical pace to find hits to sell as digital downloads and ring tones that everybody’s going to want. It’s scary.” – former Atlantic President. Continue reading
“O.C.” Music Supervisor Gets Atlantic Imprint
Chop Shop Music Supervision’s Alexandra Patsavas, whose placements on shows like "The O.C." and "Grey’s Anatomy" helped launch Death Cab for Cutie, Snow Patrol, The Fray and others, has inked. Continue reading
