TomorrowWorld Botches Ticket Refunds, SFX Recharges Thousands Of Fan Credit Cards
It was not a good day for SFX. It's TomorrowWorld had announced the details of a ticket refund and offered a public apology for the circumstances that left thousands of. Continue reading
SFXE Stock Closes Up $12.5% As CEO Sillerman Offers To Buy All Stock At 3X Current Value
[UPDATED] SFXE stock closed Friday up 12.5% at $1.17 per share after founder and CEO Robert Sillerman offered to acquire all of the outstanding shares of Common Stock not already owned by. Continue reading
SFXE Founder Sillerman To Receive 29.5% Interest, As EDM Giant Grabs $60 Million Lifeline
EDM giant SFX (NASDAQ: SFXE) has been on life support in recent weeks after a series of poor financial reports and a failed attempt by founder and CEO Robert Sillerman. Continue reading
SFXE Stock Falls Further As Investors File Lawsuit Against Founder Robert Sillerman
SFX Entertainment is clearly in trouble. Running low on cash and with its stock trading under 50 cents per share and falling, SFXE is just days away from the. Continue reading
Music Publishing’s Metadata Problem
While there has been significant discussion of late over how streaming services pay artists and labels, the means by which publishers and songwriters are compensated has been shockingly absent from. Continue reading
CHANGES @ The Recording Academy • Warner Music Group • 7Digital • Crush Music • Royalty Network • MPA
[UPDATED] Warner Music Group has appointed Michael Nash as an advisor to CEO Stephen Cooper, filling in for exiting COO Rob Wiesenthal. Nash worked at the label from 2000-2011 as. Continue reading
Universal Music Agrees To Settle Chuck D, Rick James Digital Royalties Class Action Suit For $11.5M
Creative label accounting paired with outdated laws led to underpaid artists who had no choice but to take labels, digital broadcasters and others to court. Now the first round of. Continue reading
To Pay Or Not To Pay Interns, That Is The Question
The connotation of the word "intern" is now changing as it has gone from "free worker" to "paid temp employee" thanks to a class action lawsuit on behalf of 3,000 former. Continue reading
Apple Prevails In $1 Billion iPod Lawsuit
After deliberating for just a few hours, a federal jury found in favor of Apple in a $1 billion class-action lawsuit brought over alleged anti-competitive behavior in relation to the. Continue reading
Apple Trial Day 1: iTunes Knowingly Deleted MP3s From User’s iPods
A trial that may seem like its just rehashing ancient history is promising to reveal the behind the scenes story of Apple's rise to music industry domination. Day 1 of the. Continue reading
