EMI Music and its owner, Terra Firma, are battling an overwhelming swarm of problems. Lingering defaults, exiting bands, nervous partners, and near-term takeover possibilities are hardly the elements of productive stability. But positives still exist, and the more stable EMI Music Publishing offers the easiest example. (more…)
Posts Tagged ‘Business’
Not All Bad: EMI Scores a Few Chart-Toppers…
Friday, March 26th, 20102010: A Rebound Year for Radio? One Optimistic Firm Says Yes…
Friday, March 26th, 2010Is the radio sector in the midst of a rebound? Judging by the stocks of most terrestrial conglomerates, the ‘hope factor’ is weak, though one research group is calling for modest gains this year. Media advisory firm BIA/Kelsey is now forecasting a 1.5 percent revenue gain in 2010 for US-based stations, followed by 2-4 percent improvements over the next few years. That is about as optimistic as it gets following an 18.4 percent plunge in 2009 to revenues to $13.7 billion. (more…)
LinkedIn + Music = An Interesting Possibility…
Thursday, March 25th, 2010The internet has been expanding collaborations between musicians, producers, and related professionals since the 90s. But what is the best way to quickly cobble together some studio musicians, find a touring brass section, or slot a specialized instrumentalist? These are questions a number of entrepreneurs are attempting to answer, and at least two startups are now entering the space. (more…)
Point, EMI: Judge Rules Citigroup Case Stays In New York…
Thursday, March 25th, 2010The legal battle between Citigroup and Terra Firma will remain in New York, according to a federal court ruling. Citigroup was attempting to shift venues, specifically to London, and toss the US-based case. “For reasons that will be elaborated in a forthcoming written opinion, Citi’s motion is denied in its entirety,” US District Judge Jed Rakoff ruled from Manhattan late Wednesday. (more…)
Lady Gaga: Three Videos, One Billion Views…
Thursday, March 25th, 2010Just how big is the Lady Gaga machine? According to one stat surfacing Wednesday, Gaga has now amassed an impressive one billion video views – on her top three videos alone. The ‘True Reach’ figure was offered by Visible Measures, whose ‘100 Million Club’ includes a scant 65 videos. Of that, Gaga places with “Poker Face” (374.6 million views), “Just Dance” (272.9 million), and “Bad Romance” (360 million). (more…)
Sue ‘Em All: British Law Firm Goes After the Media…
Wednesday, March 24th, 2010Chasing file-swappers has never been a media-friendly affair – just ask the RIAA. So why not just sue the media as well? (more…)
American Idol Keeps Consolidating Online…
Wednesday, March 24th, 2010Want the career-changing spotlight that ‘American Idol’ can offer? Then prepare to make a few concessions, including online. Just recently, Idol started funnelling contestant Twitter accounts into a centralized thread (@AI9Contestants), a move designed to enhance show branding. (more…)
Bieber: What a Multi-Platform Pop Star Looks Like…
Wednesday, March 24th, 2010The bundled album is still a profit generator for certain acts, and a source of billions in revenues for the recording industry. Still, most artists make quick cameos on the album charts, booming and busting within a few weeks. Yet a small cadre of acts are maintaining healthy week-over-week positions, including Justin Bieber. (more…)
The State of Standardization: NARM Says, Still a Ways to Go…
Tuesday, March 23rd, 2010At this stage, everyone seems dialed into the broader benefits of standardization throughout the digital supply chain. But implementation and standards consensus is an entirely different matter, according to a study conducted by the National Association of Recording Merchandisers (NARM). (more…)
Apple Approves Muziic iPhone App…
Monday, March 22nd, 2010Apple has just approved an iPhone app from Muziic, according to the company. “I’m excited to announce Apple’s acceptance of Muziic into the iPhone App Store,” Muziic cofounder David Nelson emailed Digital Music News over the weekend. Muziic is the left-field site that offers lots of free – and legal – on-demand music by tapping APIs from YouTube and other sources. (more…)
