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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

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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

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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

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Wall St. Hears Live Nation Strategy & Numbers

Late yesterday concert giant Live Nation reported it’s 2006 numbers to Wall St. The company reported 2006 revenues of $3,691.6 million an increase of $754.7 million or 25.7% over 2005.. Continue reading

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Hypebot’s New Music Business Week In Review

>>> KOCH, North America’s largest indie distributor and label, is getting a new owner. >>> Europe’s largest dance music label Ministry Of Sound is protesting trade group Impala’s decision to. Continue reading

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EU Opens Formal Sony BMG Probe

As expected, European regulators opened a formal probe today into Sony and BMG’s 2004 deal to merge their music units. EU officials say they need to thoroughly analyze the deal. Continue reading

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Download Prices Could Jump As ASCAP Demands Royalty Double Dip

The Digital Media Association representing providers like Yahoo! and Napster has submitted a ‘friend of the court’ brief opposing ASCAP’s claim that music downloads are ‘public performances’ and subject to. Continue reading

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Weekly Hip Hop Business News From ProHipHop

Hip hop magazine The Source is losing employees and seems to be headed for further problems. A New York/Long Island Honda dealers promo featuring animated rapping Presidents takes off with. Continue reading

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Live Nation Earnings Call Today At 5PM EST

Concert giant Live Nation (NYSE:LYV) will release fourth quarter and full-year 2006 financial results after market hours on via a teleconference today Thursday, March 1st at 5PM EST.  To access. Continue reading

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Coalition of Independent Music Stores Top 200 for Week Ending 02-25-07

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

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