Major Labels

WMG Buys Euro Indie Backing Of Bid For EMI

More details are emerging as the dance between EMI and suitor Warner Music continues. One of the major road blocks to any hookup between WMG and EMI has always been. Continue reading

Bruce Houghton on 02/20/2007 in Major Labels | Permalink | Comments (1)
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EMI Music Division Appears For Sale

EMI could sell or spinn off its recorded music division as part of a radical overhaul, according to reports from the UK in an effort  to reverse falling profits. The. Continue reading

Bruce Houghton on 02/18/2007 in Major Labels | Permalink | Comments (1)
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Can the Major Labels Save Themselves?

The value of Warner Music Group stock has fallen almost 20% this week trading at the end of Thursday at $18.12 on weak earnings forecasts and an increasingly gloomy sales. Continue reading

Bruce Houghton on 02/16/2007 in Major Labels | Permalink | Comments (0)
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Can Mobile Save Warner Music?

At the international mobile confab 3GSM in Spain yesterday Warner Music Gro up announced several new deals with leading mobile operators to deliver WMG music across the Middle East, North. Continue reading

Bruce Houghton on 02/15/2007 in Apps, Mobile & SMS | Permalink | Comments (3)
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EMI Hits Another Sour Note

EMI shares dropped another 12% after it announced yesterday that sales January through March 31would drop 15% and earnings would miss analysts’ estimates. The company had already warned in January. Continue reading

Bruce Houghton on 02/15/2007 in Major Labels | Permalink | Comments (0)
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The Indie Vs. Major Debate Circa 2007

The Sunday Times online took a fairly balance look at the major vs. indie debate form the artist perspective.  Do you need a major to have mega-success?  Is being owned. Continue reading

Bruce Houghton on 02/14/2007 in Indie Music | Permalink | Comments (0)
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Warner Music Group Goes Green

As part of its ongoing environmental initiative with the Natural Resources Defense Council, WEA, the U.S. sales and distribution company of Warner Music Group Corp.has announced that all of its. Continue reading

Bruce Houghton on 02/13/2007 in Major Labels | Permalink | Comments (0)
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EMI In Talks To Sell Catalog As MP3’s

Major news media are now reporting something Hypebot’s been writing for week’s, EMI is in talks to offer a large portion of its catalog as DRM free mp3’s. Various sources. Continue reading

Bruce Houghton on 02/09/2007 in Major Labels | Permalink | Comments (0)
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WMG Earnings Down But Still Profitable

Total revenue of $928 million for the first quarter of fiscal 2007 decreased 11% from the prior-year quarter or 14% on a constant-currency basis. Digital revenue was $100 million, or. Continue reading

Bruce Houghton on 02/08/2007 in Major Labels | Permalink | Comments (0)
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Warner Music Stock Falls On Anticipated Earnings Drop

Thanks to successful cost cutting and some fancy footwork, Warner Music has been a Wall Street favorite when compared to other music stocks. But by mid-afternoon Tuesday WMG stock was. Continue reading

Bruce Houghton on 02/06/2007 in Major Labels | Permalink | Comments (1)
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