Caroline Grabs Rough Trade For US
Indie distributor Caroline has grabbed UK-based label Rough Trade Records’ roster of artists in the US. Caroline will handle both physical and digital distribution through an agreement with World’s Fair. Continue reading
EMI Publishing Ups Faxon To CEO
EMI has promoted Roger Faxon to the post of Chairman and CEO of EMI Music Publishing. He succeeds Martin Bandier who resigned after 17years at the the company. For the. Continue reading
Major Broadcasters Settle Payola Probe With $12.5M And Promises to Indies
Four major radio broadcast groups have apparently agreed to pay $12.5 million in fines and provide 8,400 half-hour segments of free airtime for indie music to settle an FCC probe. Continue reading
Music Goes 3-D
Interscope Geffen A&M Records and Academy Award-winning director James Cameron have partnered to produce 3-D music videos, concerts, commercials and stage musicals. Planned are 3-D commercials and concert films to. Continue reading
Caroline Joins Simply Red’s “Virtual Label”
Indie distributor Caroline has snagged Simply Red’s next album “Stay” in the US in both physical and digital formats. The album is slated for release on April 24th. In an. Continue reading
IMPALA Rejects Member Requests For Details Of WMG Deal
In a rather cryptic press release indie label trade group IMPALA announced that it won’t announce any more details of its controversial deal to support a possible purchase or merger. Continue reading
EMI Rejects $4.1 Billion WMG Bid
EMI has rejected a $4.1 Billion "non-binding" cash offer from The Warner Music Group and now it appears WMG will take its time before making another offer opting to take. Continue reading
Trans World Stores Report Bad Year
Trans World Entertainment last week reported financial results for its fourth quarter and fiscal year 2 006 and despite cost cutting and store closures the picture wasn’t pretty. The company. Continue reading
Net Radio In Danger As Royalty Rates Jump
It’s a sad day for fans of music on the internet and the creative broadcasters who program it. Internet broadcasters already pay higher overall royalties than over-the-air broadcasters do, but. Continue reading
A MUSIC LOVER’S BILL OF RIGHTS
"We are sorry and embarrassed. But most of all, we are deeply sorry." So began an email that I received last week. (full letter after the jump) It wasn’t from. Continue reading