Has Warner Music Group Gone VP Crazy?
Even as WMG was announcing 400 job cuts and much wider quarterly losses, the company was promising increases in digital staffing; and yesterday they named ex-Jet Blue exec Peter Scherr. Continue reading
New Music Business Briefing: Def Jams Cuts, Live Nation Reports, SnoCap Goes Live @ & More
>>> JOB LOSSES CONTINUE: Rumors have Def Jam cutting 40 staffers this week. (Jossip) Is Jay-Z suffering? Find out @ Mollygood…WEA’s distribution arm is cutting 70 staffers who dealt with. Continue reading
Coalition of Independent Music Stores Top 200 for Week Ending 05-06-07
Pos. ARTIST | TITLE 1 RUSH|SNAKES & ARROWS 2 FEIST|REMINDER 3 AMOS*TORI|AMERICAN DOLL POSSE 4 BLACK REBEL MOT|BABY 81 5 WINEHOUSE*AMY|BACK TO BLACK 6 DINOSAUR JR.|BEYOND 7 NINE INCH NAILS|YEAR. Continue reading
eMusic Has Become Indie Cornerstone
PART 1 OF A SERIES: In the few years since being purchased along with The Orchard by Dimensional Associates, eMusic has established itself as the premier source of independent music. Continue reading
New Music Business Briefing: DMG & Radio Report To Wall Street, Universal Signals Mobile’s Importance & More
>>> As we reported yesterday Warner Music Group losses widened to $27 million. But as elsewhere in the industry, publishing was a bright spot up 11%. Here is a copy. Continue reading
WMG Losses Widen 385% To $27 Million
Warner Music Group posted a 385% wider quarterly today due to soft music sales and confirmed that it would cut about 400 jobs. The world’s fourth largest music company reported. Continue reading
More eMusic Turmoil As Ultra Exits & Ray Farrell Joins RoyaltyShare
UPDATED: Indie Ultra has been added to the list of labels that have left eMusic or are considering an exit over per track payout issues. Yesterday we reported exclusively that. Continue reading
WMG Spawns Den Of Theives
They can’t make money selling music anymore; so why not TV? Warner Music Group has created a new production division with a title certain to instill confidence in today’s savvy. Continue reading
New Music Business Briefing
>>> A roundup of coverage from the recent NARM record convention via Coolfer. >>> Concert.tv is expanding to include cable and online coverage of major festivals and tours. >>> Here’s. Continue reading
Weekly Hip Hop News From ProHipHop
50 Cent provides a rapped escort and enters the ring with Floyd Mayweather in a major marketing coup for his upcoming album Curtis, whose title and release date were scrawled. Continue reading
