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
Nominations Open For Hypebot’s Music Blog Awards
As a Hypebot reader, you’re probably a music or tech industry insider who spends at least part of your days and nights scouring the net for music news and new. Continue reading
EMI Names Another SVP Digital – Mark Piibe
Even as rumors of pending staff cuts grow louder, EMI is bulking up its digital team with another executive suite appointment. Mark Piibe has been named SVP, Business Affairs for. Continue reading
Wednesday’s Music 2.0 Briefing: Lennon Video, Trans World Tanks, Vee-Jay Goes Digital & Much More
UPDATED: >>> Philadelphia gets a major new summer music festival produced by C3. (Billboard) >>> EMI to sell John Lennon video album download via Starbuck for $25. (press release) $25. Continue reading
Join The New Label Models Debate
It’s starting to get lively with some experienced professionals weighing in. We’ll create a special post with the best comments later this week. Join the discussion. New Label Models: Which. Continue reading
Exclusive Interview: 4Q4 With WE7’s Steve Purdham
We continue our ongoing 4QFor (Four Questions For) series with ad supported download service We7‘s founder and CEO Steve Purdham. Steve has built several global technology companies including such SurfControl. Continue reading
Universal CEO Doug Morris Speaks Out…A Little Too Loudly
"There was a cartoon character years ago called the Shmoo," he says in a raspy tenor. "It was in Li’l Abner. The Shmoo was a nice animal, a nice fella,. Continue reading
Tuesday’s Music 2.0 Briefing: Satellite Merger Opposition, MySpace Feeds, Classical MP3’s and Much More
>>> The Consumer Federation of America, Consumers Union and Free Press have all come out strongly against the Sirius and XM merger. (pdf of joint letter) >>> MySpace is adding. Continue reading
