NEW YORK, April 17- Several major U.S. music companies sued Pandora Media Inc on Thursday, accusing the online streaming service of cheating them out of royalties by playing thousands of pre-1972 recordings without paying royalties.» Read More
The Recording Industry Association of America won a big victory--the first of 26,000 music file sharing copyright infringement suits settled in their favor. The amount of the settlement: $222,000. Considering that 10,000 of the suits have settled for less than $5,000 this is a good thing.
A U.S. jury has handed a victory to the music recording industry, which had claimed a Minnesota woman infringed song copyrights by using online media to illegally download and distribute music, according to court documents.
This is why CNBC makes money. We ask readers and viewers to come up with branding slogans...for free! I've asked you to help me develop a name for my weekly farm reports, and the response has been fantastic.
Japanese electronics giant Sony and Germany's Bertelsmann won competition clearance from the European Commission on Wednesday for their recorded music joint venture.
Pricing Rules? Radiohead, the British band, is ignoring them entirely. Now that the band has fulfilled its relationship with EMI music label and is on its own, it's letting its fans decide how much to pay for its new 10-song album. The new album called "In Rainbows" will initially be only available on the band's Web site. And fans name the price.
For someone used to forking over more than $5 bucks a cup to get her daily dose of caffeine at Starbucks, the idea of getting anything free or affordable at the world's largest coffee retailer is exciting.
Amazon.com launched an early version of its highly anticipated digital music download store, which is seen as a potential rival to Apple's dominant iTunes system.
What do Vince Neil of Motley Crue, the Governor of Nevada, O.J. Simpson and I all have in common? We were all in Las Vegas this week and three of us talked to each other. (Sorry Juice but you had split by the time I thought of it.) So what did Vince, the Governor and I talk about? Business.
Yahoo's take at Internet 2.0. Since Jerry Yang took the helm at Yahoo again, the Internet company's been trying to get back on track. And that means not just getting its ad strategy sorted out, but also starting to compete more with some of the more innovative Internet 2.0 companies, which of course means Facebook and social networking.
I'm here at the Toronto Film Festival, a key market for Hollywood studios to buy indie films to fill out their slates. Everyone's looking for the next 'Crash' or 'Thank you for Smoking', two low-budget, high-grossing films that both sold here in Toronto in previous years. It's these low budget acquisitions that can, if you're lucky, yield the highest margins for the media...
Apple Inc. unveils a complete redesign of the iPod Nano: the new iPod "Touch" with Wi-Fi, a long-awaited 160 gig iPod "Classic," what promises to be a lucrative partnership with Starbucks. But the headline that torpedoes Apple shares: the $200 iPhone price cut just two months after unveiling what became known as the "Jesus Phone."
Music and books retailer HMV Group reported a 5.8% rise in first-quarter sales on Thursday, as wet summer weather increased demand for CDs and readers devoured the final chapter in the Harry Potter series.
The Apple event is over and so is our live blogging. To read the post from the event's beginning, start at the bottom of the page. Thanks everyone, it was a blast to do. 2:20 pm ET: Event is concluding now. A little technical glitch with her beat machine, but she got that fixed and now KT is performing. Keep watching CNBC and CNBC.com. We may have a special interview coming up.
German media group Bertelsmann, the purveyor of books, CDs and other entertainment, lost 51 million euros ($69.52 million) in the first half of 2006 after costs related to settling copyright claims that arose from its backing of file-sharing service Napster eroded its overall results, it said Tuesday.
U.S. computer company Apple and German automaker Volkswagen are discussing the possibility of building an "iCar" that would feature products by the producer of the ubiquitous iPod personal music player.
People, you need to start recording these on video and sending them to me...forget YouTube. Mortgage advisor Andrea S. says this song parody of Don McLean's "American Pie" came from a branch manager at a very, very big mortgage lender you may have heard of which is having trouble lately:
Peter Buffett has a new CD of songs from his heart, a billion-dollar foundation working to avoid what he calls "philanthropic colonialism," and an invaluable life lesson from a very famous father named Warren that's brought wisdom, if not great wealth. PLUS Free MP3 download of the song Reminder from Peter Buffett's Staring at the Sun.
Disney Music Group dominates the Billboard 200 chart with eight titles in the top 50. High School Musical 2 Soundtrack (Walt Disney Records) is #1, Hannah Montana 2/Meet Miley Cyrus (Walt Disney Records/Hollywood Records) is #2 and Jonas Brothers (Hollywood Records) is #8. The Disney Music Group is managing to top the charts while the rest of the music industry suffers thanks to the power of the Disney Channel.
First off, check out this freeze frame of me and the banner underneath. One person has threatened to make this his screen saver! FAKE JANE'S SONG PARODY: to the chorus of "Where Have All the Flowers Gone."
Here are more song parodies (see my previous post) to try to bring a smile to those of you upside down in your mortgage (or upside down in your Capital One and Countrywide stock): From a Colorado mortgage company grunt, the appropriately named Rocky M (talk about smiling through the pain), called 'Green Tree Beret" and sung to the "Green Beret" theme: