Deep Staff Cuts Begin At Billboard, Vibe, Hollywood Reporter
Layoffs began on Tuesday at Billboard, Hollywood Reporter, and Vibe in an effort by owner Valence Media to dramatically reduce costs. The cuts will total “$9-$10 million of personnel and. Continue reading
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Royalty Exchange Sold To Undisclosed Buyer
Royalty marketplace Royalty Exchange, which had auctioned the rights to Coolio’s “Gangsta’s Paradise," had raised $3.4 million through October 2014 from two investors - Grotech Ventures and IDEA Fund Partners. Now the startup. Continue reading
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MySpace Laying Off 5% Of Staff
Improving traffic, a $20 million tv campaign and an association with Justin Timberlake brought some attention to the new, new MySpace, but apparently they did not lead to profits. This. Continue reading
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