Peter Kafka in Media on November 12, 2011 at 3:00 am PT
The world’s largest music label wants to get larger, but it’s going to need to convince regulators that this is a good idea. That may take a while.
Voices
Dana Cimilluca and Max Colchester, Reporters, The Wall Street Journal in News on November 11, 2011 at 6:27 am PT
The protracted auction of EMI Group neared a conclusion Friday, with Citigroup Inc., owner of the storied British music company, selecting buyers for its publishing arm and recorded-music label—at a price that well exceeds many industry watchers’ expectations.
Voices
Loretta Chao, Reporter, The Wall Street Journal in News on July 19, 2011 at 5:00 am PT
Baidu Inc. reached a deal with major record labels to provide licensed copies of songs on the Chinese Internet search giant’s site, a landmark agreement that brings the music industry together with a company long accused by industry executives of abetting piracy.
Kara Swisher in Social on June 13, 2011 at 11:28 am PT
When the selling of Myspace winds down in the next week or so, it’ll probably attract a spate of comments about what a failure the whole social networking enterprise turned out to be.
That is, unless you think of the mob of former execs who have worked at the company over time, many of whom have moved on to some more golden opportunities
after leaving Myspace.
Voices
Ethan Smith and John Kell, Reporters, The Wall Street Journal in Media on May 23, 2011 at 5:07 pm PT
Amazon.com Inc.’s one-day, 99-cent promotion of Lady Gaga’s highly anticipated second studio album, “Born This Way,” resulted in downloading delays on the Internet retailer’s website due to high volume, the company said Monday.
News Byte
Peter Kafka in Media on May 12, 2011 at 2:50 pm PT
If you were looking for some reason not to get too excited about a reported
uptick in music sales, here you go:
Universal Music Group, the world’s largest music label, says revenue decreased 5 percent in the last quarter, after accounting for currency effects. The label said digital revenues were up 17.6 percent.
Peter Kafka in Media on February 22, 2011 at 3:30 am PT
Spotify is set to cash a very big check. And while the big music labels would like to get their hands on most of it, immediately, they won’t. So how will the streaming service spend its dough?
Peter Kafka in Media on January 19, 2011 at 4:18 pm PT
This doesn’t get them into the States, but it gets them a lot closer: Music service Spotify has finally signed with Sony for a U.S. distribution deal. Multiple sources tell me the deal, which has been very close since last fall, is now closed.
Peter Kafka in Media on January 18, 2011 at 8:20 am PT
Here’s another swing and a miss by the big music labels: “Comes With Music,” a plan to bundle free music downloads with Nokia phones, is going away.
