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Despite Stock Slump WMG Declares Dividend

Despite its stock being pounded this quarter Warner Music Group (NYSE: WMG) tried to keep investors happy by dipping into its $80 million dividend fund and declared a regular quarterly. Continue reading

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Profits Drop At Distributor Handleman

Revenues for the fiscal third quarter ending Jan. 31st were $485.0 million, equal to revenues of the third quarter of last year. But net income for the third quarter was. Continue reading

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Coalition of Independent Music Stores Top 200 for Week Ending 03-04-07

Pos.  ARTIST  |   TITLE 1 WILLIAMS*LUCIND|WEST 2 SHINS|WINCING THE NIGHT AWAY 3 EXPLOSIONS IN T|ALL OF A SUDDE 4 GRIFFIN*PATTY|CHILDREN RUNNING 5 JONES*NORAH|NOT TOO LATE 6 ALLEN*LILY|ALRIGHT STILL 7 PETER. Continue reading

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Universal France Joins MP3 March

Universal Music France is quietly testing DRM-free downloads according to Billboard.biz. Hypebot has a lso heard recent rumors that other mp3 experiment by Universal are in the planning stages. "L’Olympia,". Continue reading

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imeem Partners With SNOCAP

Independent labels and artists can now to tap into imeem’s growing online music based social networking community to promote content via streaming and earn income through a share of advertising. Continue reading

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Will The FCC Payola Settlement Matter?

COMMENTARY: The recent FCC payola probe and $12.5 million settlement with Clear Channel (1100 radio stations), CBS Radio (180 stations),  Entercom (103 stations) and Citadel Broadcasting (213 stations) represented according. Continue reading

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A2IM Announces Radio Rules Of Engagement

Indie label trade group A2IM has unveiled the new Radio Rules Of Engagement that it has negotiated with four major radio owner groups as an unofficial part of the pending. Continue reading

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New Music Business Briefing For 3/08/07: Hawthorne Heights Wins, QuickLink A Hit, More On Payola Settlement

>>> A Chicago judge ruled that former Victory act Hawthorne Heights is free to record for other labels. >>> QuickLink Music Manager bridges the gap between PC and cell phones. Continue reading

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UMG Reports 9.3% ’06 Earnings Jump

It’s a gloomy time at most record labels. But somehow that’s not the case at The Universal Music Group who today announced a 2006 earnings jump of 9.3% today as. Continue reading

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New Music Business Briefing For 3/07/07

>>> Digital sheet music company FreeHandmusic.com has added the massive Sony/ATV catalog to their downloadable offerings. >>> The major labels are suing Yahoo China alleging illegal music distribution. >>> The. Continue reading

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