WMG $3 Billion Sale Could Be Completed This Week
Final bids for Warner Music Group are due on today and a sale could be final by the end of the week. The purchase price is likely to be just. Continue reading
SoundExchange Takes Aim At Uneducated Writers And “Very, Very Low” Rates
During a webinar last week, digital performing rights organization SoundExchange answered questions ranging from criticisms of undistributed funds to why some payment checks were so small. During the session, articles. Continue reading
Digital Radio Paid Musicians $36 Million More Than Paid Subcriptions Last Year
Music streaming services like MOG, Rdio and Spotify may be the talk of the industry, but digital radio from Pandora to Sirius XM surpassed them in royalties paid to musicians and. Continue reading
What Will I Get For 2 Weeks Without Playstation, Sony Music Unlimited?
"Some PlayStation Network and Qriocity Services to be Available This Week" reads the headline of Sony's weekend press release. Despite the lack of a definite re-start date, Sony is offering. Continue reading
Amazon MP3 Explains Why It’s Smart To Lose Money Selling 69 Cent Tracks
Last week Amazon began selling more that half the songs in its Top 100 for 69 cents. Industry observers speculated then that the internet giant cut prices (and according to. Continue reading
News Brief: BMG & UMG Want EMI, Songkick + WMG, Best UK Indies, Muve & More
BMG Rights and Universal Music may jointly bid for EMI Group (Bloomberg) Songkick + WMG: WMG labels Atlantic and Warner Bros. are using Songkick's concert, venue and ticketing data to. Continue reading
News You Missed This Weekend: WMG Bids, UMG’s Sylvia Rhone, Playstation Apology & Update
Final bids for WMG are due today (May2). The investor group that included Ron Burkle and Napster founder Sean Parker has reportedly dropped out of the auction, leaving just two. Continue reading
REWIND: The Music Industry’s Week In Review
Sony passes UMG as top label group. RIAA releases 2010 sales data and it isn't pretty. Fan funding site Kickstarter adds $13 million to new music economy in $13 years.. Continue reading
It Isn’t Pretty: RIAA 2010 Music Sales Data [CHART]
The RIAA has released sales dates for US music shipments in 2010. The numbers speak for themselves – a 12% increase in the dollar value of downloads can't make up. Continue reading