Monday’s Music 2.0 Briefing: SonyBMG And IDJ Layoffs, EMI Changes, Zep In US, Nettwerk Stake Sold & Much More
UPDATED: >>> As many as 70 executives appear to be getting pink slips across the Sony BMG label group. (more plus commentary) Cuts are also in progress at Universal’s Island. Continue reading
Major Label Layoffs Update
CLICK HERE FOR THE LATEST UPDATES ON THIS DEVELOPING STORY. Read the latest news of the staff cuts at the major label groups: Sony BMG May Pink Slip Up To. Continue reading
Universal’s Island Def Jam Begins Layoffs
CLICK HERE FOR THE LATEST UPDATES ON THIS DEVELOPING STORY. First came word of executive layoffs at Sony BMG. Now Universal’s Island Def Jam group has started layoffs of their. Continue reading
Layoffs At Sony-BMG Plus A Commentary
CLICK HERE FOR FOR THE LATEST UPDATES ON THIS DEVELOPING STORY This story first broke on Friday when Silicon Alley Insider reported that 40-70 "mid-level" executives will be let go. Continue reading
Expanded Music 2.0 Resources Section
We’re putting direct links to some of our best articles as well as great articles and eBooks from other sources in a new Music 2.0 Resources section alongside our popular. Continue reading
Hypebot’s Music 2.0 Week In Review: Doug Morris Blabs, WMG Stumbles. Pepsi To Give Away 1 Billion Tracks, Label Debate & Much More
Nominations are open for Hypebot’s First Annual Best Music Blog Awards. Nominate your favorite blogs here. Universal CEO Doug Morris spoke candidly with Wired Magazine about music industry and his. Continue reading
Slow March To DRM Free Music Becomes A Sprint
The slow march towards universal DRM free music appears about to become a sprint to the finish line. Recent developments pushing Sony BMG, WMG and other holdouts to reconsider their. Continue reading
Friday’s Music 2.0 Briefing: EMI Selling Stake, Facebook Dims Beacon, Vinyl Takes A Hit & Much More
>>> Terra Firma appears close to selling a 15% stake in EMI in a $500 million round of equity fundraising. (Times UK) The deal is based on deep cost cutting. Continue reading
WMG Reports Thinner Profits Plus A 360 Sinatra Deal
WMG’s net profits fell to $5 million (3 cents a share) in the fourth fiscal quarter down from $12 million (8 cents a share) a year ago. Revenue rose 2%. Continue reading
Thursday’s Music 2.0 Briefing: Credit Crunch Hurts EMI And WMG, NIN Remix Back, Big Net Radio In Trouble & Much More
>>> Turmoil in the credit markets is hampering plans by EMI and Warner Music to issue billions of dollars in debt backed by revenue from their publishing catalogs. (Reuters) >>>. Continue reading