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

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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

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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

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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

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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

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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

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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

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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

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Rick Rubin In Talks To Co-Chair Columbia

Producer and American Recordings head Rick Rubin is considering an offer to become co-chairman ofColumbia Records. He would run the label alongside current chairman Steve Barnett. Last year Rubin produced. Continue reading

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EMI Restructures Caroline

As part of an aggressive cost cutting and restructuring EMI has reorganized its Caroline "indie" music division into three distinct units focused on repertoire, artist development and independent distribution. The. Continue reading

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