Rolling Stone Magazine Celebrates With Solomon Burke And The Strokes In NYC
Friends of Rolling Stone Magazine partied ’til dawn last night in NYC in celebration of their 1000 cover issue. The legendary Solomon Burke backed by Paul Shaffer and his Late. Continue reading
Hypebot’s New Music Industry Briefing For Friday May 4, 2006
UPDATED – Warners Music Group posted a fiscal second-quarter loss of $7 million this morning vs. a profit of $4 million a year ago. Sales for recorded music rose, but. Continue reading
New Chili Pepper CD Leaked. Flea Feels Bitten.
The immediacy and viral nature of the internet are a music marketer’s dream, but the Red Hot Chili Peppers are also about to learn that they can be a nightmare.. Continue reading
EMI + WMG = $300 Million In “Cost Benefits” + Global Synergies
An analysis by Bear Stearns shows that connecting EMI and Warners Music Group could net $300 million in "cost benefits" making a merger rather than a buyout desirable. (more @. Continue reading
Hypebot’s New Music Industry Briefing For Thursday May 4, 2006
– Napster’s new "play 5 times free" service got great press earlier this week. Now some are questioning the lo-fi quality of the song streams and a press to eager. Continue reading
Amid The Buyout Talk A Bit Of Humor Courtesy Of The Warner Music Group
Hits is reporting that "WMG’s Lyor Cohen is back on the warpath. Angered that several Atlantic local promo men had been approached by Universal Republic to switch sides, the bellicose. Continue reading
EMI + WMG: Analysts & The Markets Weighs In
EMI’s stock fell 3.1% on the London Stock Exchange as traders showed their concerns over the deal. One Merrill Lynch analyst who likes the combined companies calls it a "merger. Continue reading
EMI Reportedly Ups WMG Bid To $5 Billion. Issues Statement.
UPDATE – Some sources are reporting that EMI’s offer for WMG was upped last night to $5 billion making it unlikely that Warner investors would not force the sale. Others. Continue reading
Hypebot’s New Music Industry Briefing For Wednesday May 3, 2006
– WMG rebuffs a takeover bid from EMI, but many see the merger happening. Page down for full story and commentary. – A decision is expected on Monday May 8th. Continue reading
