FRI. BRIEF: Live Nation, Amazon Report Record Quarters • SFX Maneuvers • VKontakte • Leadership Music • More

FRIDAY 7.29.16 Music Business News From Around The Web  Live Nation's increasing strength makes the job of resurrecting SFX that much more difficult. Updated continuously under our More News tab

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SFX Considers Legal Action Against Founder Sillerman, Top Execs

The fall of controversial SFX founder and former CEO Robert "FX" Sillerman has been as dramatic as his rise. The next chapter in his demise is likely to include a. Continue reading

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Former AEG Chief Randy Phillips To Lead SFX Turnaround

Troubled EDM conglomerate SFX will get much needed new leadership when it exits bankruptcy, according to multiple sources.  Former AEG chief Randy Phillips is reportedly the choice of SFX creditors. Continue reading

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AM BRIEF: SFX Nears New Plan, CEO • Vevo Nears WMG Deal, Paid Service • Guevara Near Death, Gets New CEO • More

TUESDAY 7.26.16 Music Business News From Around The Web  Could SFX come back from the dead? They've reportedly found a CEO that might pull it off. Updated continuously under our More. Continue reading

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Hastings Shuttering All 123 Music Stores, Liquidation Sale Starts Saturday

Hastings is shutting down all 123 stores and liquidating inventory and fixtures at a deep discount. Hastings had filed bankruptcy and been given 30 days by the court to find. Continue reading

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Could Beatport Save SFX? Bankrupt Co. Decides Not To Sell EDM Store Because It’s So Damn Successful

In a bid to raise much need cash, a bankrupt SFX first put EDM music service Beatport up for sale. Then they postponed the sale and gutted Beatport staff and. Continue reading

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SFX Withdraws Beatport Sale

SFX would appear to be running out of options in its efforts to exit bankruptcy. After selling digital marketer Fame House and ticketer Flavorus to Universal Music Group, SFX withdrew. Continue reading

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DJs.com Partners With Dubset For Rights Management

DJs.com, a new music streaming service aimed at providing a platform for DJs to clear and share mixes, has pacted with Dubset Media for registration, rights resolution and royalty management. Continue reading

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Rapper 50 Cent Files for Bankruptcy

One major slip online has forced rapper 50 Cent into bankruptcy.  In an effort to retain some assets and reorganize his assets, he filed Chapter 11 after loosing a lawsuit claiming he'd. Continue reading

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Shazam Adds Visual Recognition – QR Codes Just Got Cool Again

Audio recognition app Shazam has found a place on every music lover's smartphone. Increasingly labels and publishers are using data from the app to spot trends, find new artists and. Continue reading

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