Coalition of Independent Music Stores Top 200 for Week Ending 08-05-07
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WMG Stock Regains 21%
There must be dancing in the halls at WMG. The stocked rebounded 21% on Thursday closing at $12.00. More on recent WMG earnings and turnaround plans here and track the. Continue reading
WMG Stock Hits New Low As Bronfman Promises Turnaround
Wednesday was an up day on Wall Street, but Warner Music stock tumbled another 10% Tuesday to a 52 week low after a week earnings report. The stock ended the. Continue reading
Will Amazon’s Music Service Embrace Variable Pricing?
In a recent statement related to his company’s investment in Aimee Street (a new artist site that utilizes dynamic pricing), Amazon SVP of Business Development Jeff Blackburn said allowing customers. Continue reading
SpiralFrog Finally Enters Beta To Mixed Reviews
In 2006 ad supported download site was a media darling. Months later it looked dead before arrival as keys execs departed and launch dates were moved. But in the last. Continue reading
New Music Business Briefing: Live Nation Tumbles, PassAlong Adds Video, EFF Sues Universal & More
>> It appears investors are worried about concert giant Live Nation. The company’s stock touched its 52 week low yesterday before bouncing back slightly at closing. (more) >> Jupiter Research’s. Continue reading
Stop Complaining About Radio And Do Something. FCC Opens Rare Window For Full Powered Licenses.
OK, all you music industry types who read this blog, stop complaining about the state of broadcast radio and do something about it. The FCC is opening a rare window. Continue reading
WMG Releases More Gloomy Figures
After being battered yesterday on Wall Street, WMG shared more gloomy news with investors just prior to today’s opening bell. Total revenue of $804 million for 3Q of fiscal 2007. Continue reading
Digital Music Dodges Bullet As MP3 Lawsuit Overturned
The entire digital music industry dodged a big bullet yesterday when a US court ruled that Microsoft does not have to pay Alcatel-Lucent $1.5B for use of mp3 technology. This. Continue reading
New Music Business Briefing: WMG Stumbles, Facebook Gets Old, The YouTube Pile On & More
>>> Warner Music shares fell sharply again Monday to 52 week lows after a CitiGroup analyst downgraded the stock. The drop adds more doom and gloom to what is sure. Continue reading
New #’s From EMI Aren’t Pretty
Despite aggressive reorganization efforts at EMI, it appears that new owners Terra Firma have their work cut out for them. The hoeful spots were publishing and digital revenues which got. Continue reading
