EMI EXECS forfeited £41m in bonuses after its collapse. (Guardian) Generous incentive schemes for executives were cancelled before a single pound was paid out, accounts show
- Dennis Afra's Artist Group International (AGI), the booking agency for Billy Joel, Metallica, Rod Stewart, Linkin Park, Rush, Def Leppard, Motley Crue and others has been acquired by investment firm Yucaipa's Y Entertainment Group LLC. (Ray Waddell @ Billboard)
- U.S. music sales rose 6.9% in 2011 with purchases of albums increased for the first time since 2004, propelled by digital. (Bloomberg)
MORE:
- Andrew Dubber has released a 'pay what you want' e-book, "Music in the Digital Age – Making sense of the commerce & culture of popular music". Filled with Dubber's usual insightful commentary, he calls this a work in progress and promises future editions. I'm not waiting and bought this one yesterday. You should too.
- SoundExchange's Q1Y12 Webinar for Service Providers is taking place on 1/19 at 3pm EST. Register @ http://bit.ly/sxspwebinarq1y12
- Profile of Spotify's Daniel Ek: The Most Important Man In Music (Forbes)
- Why Spotify is likely worth more than Pandora, and why it matters. (TNW)
- Use YouTube As a Music Player With Tubalr (Mashable)
