SFX Fire Sale Begins! Sillerman Buyback Fails, Board Explores Options As SFXE Stock Falls 29%
A day after CEO Bob Sillerman missed his deadline to buy back shares on SFX Entertainment and take the company private, the board finally issued a statement that did little. Continue reading
The Outdoor Music Festival Boom
Are music festivals too popular for their own good? While the recorded music industry remains tumultuous, the popularity of outdoor music festivals only continues to grow, to the point where finding. Continue reading
UPDATE: SFXE Stock Drops Another 26% Friday AM As Sillerman, SFX Board Remain Silent
UPDATE 2: SFXE stock fell another 26% in early trading on Friday morning to an all time low of $1.38 after CEO Robert Sillerman missed a Thursday deadline to show he could. Continue reading
SFX Lost $48 Million Last Quarter Despite 48% Revenue Growth
With a Thursday deadline looming for founder and CEO Robert Sillerman to complete a stock buyback that would take the company private, SFXE reported 3 and 6 month earnings and the. Continue reading
Beatport Reverses Will Pay Artists, Labels: Read Full Text Of Their Letter Of Apology
After telling rightsholders last week that payments were suspended because funds were "trapped" in the ongoing effort by founder and CEO Bob Sillerman to take parent SFX private, the music. Continue reading
Music Publishing News Roundup 8.10.15: Kobalt’s AMRA Makes Apple Deal, Apple Music Extends AU Free Trial
Kobalt’s collection society AMRA has entered a deal with Apple Music in the form of its first worldwide digital licensing deal. AMRA, which represents more than 500 independent publishing companies, will. Continue reading
Soundcloud Subscription Tier Is Coming
Get ready to cry tiers of subscription. Long touted as a largely free service, Soundcloud will soon be attempting to convert its free users into paid subscribers, owing to pressure from. Continue reading
BMG Partners With BroadbandTV For Windfall Online Music Video Initiative
Expanding from its strong base in publishing, BMG is starting to feel more like a label too. A new partnership with BroadbandTV is aimed at extending marketing reach to online. Continue reading