QOTD: Universal Music Gets Ready To Sing the Layoff Blues

“A lot of fat can be taken out without hurting muscle and bones.

Vivendi Universal CFO Philippe Capron, confirming long-rumored plans to start another cost-cutting round at the conglomerate’s Universal Music Group unit, the world’s largest music company. Layoff chatter started as soon as Vivendi put Lucian Grainge in charge of UMG earlier this year.

Vevo, Universal Music’s Hulu for Video, Gets a Salesman

Vevo, the music industry’s attempt to create a Hulu-like hub for its videos, is going to attract a lot of eyeballs when it launches later this year. Here’s the guy who’s supposed to attract advertisers: David Kohl, a former Nokia executive who starts work today as the site’s sales boss.
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Activision Blizzard's CEO Bobby Kotick Speaks!

Former New Yorker and now Los Angeleno Bobby Kotick is a very funny guy, always cracking wise about everything from politicians to art to his skills as a parent. During an interview yesterday, he even got a few good ones off about the funny foibles of Activision, the gaming company he runs, even though it [...]