Marie-Alicia Chang, co-founder of Semetric, discusses the music industry and how live events such as festivals drive online streaming and downloading.» Read More
CBS announced second-quarter earnings that disappointed on the top line, beat expectations on the bottom line, and landed flat with growth-hungry Wall Street. Revenue disappointed--down 3% to $3.37 billion on a loss of TV revenue from shutting down UPN and the timing of the NCAA basketball tournament.
It's not a word I think of often or use much: impresario. But it is the word that came to mind about 1 minute into my conversation with Bob Sillerman. Sillerman is the CEO and Chairman of CKX, the NASDAQ-traded--for now--company that owns "American Idol." Next time you watch it, even if you say you don't, hang around to the very end. You'll see the little logo 'CKX'. Of course you also saw it, if you were able to make it to the end, on the Victoria Beckham (Posh Spice) 'special' on NBC recently.
What do Neil Young, Clark Gable, Andy Devine, Bruce Willis, Johnny Depp, Geena Davis and Jay Leno all have in common? The jacket on their back. The leather jacket. Benicio Del Toro owns 5 or 6. Those are the names of just some of the high profile folks that have worn or owned a Langlitz leather jacket.
With all the talk about the “Fake Steve Jobs” at www.fakesteve.blogspot.com, (including on this blog), followed by the "Fake Gene Munster," the Piper Jaffray analyst who covers Apple, at www.fakegene.blogspot.com (Jim Goldman alerted us to this one yesterday), it seems to me all the attention goes to the fakes. So, what if there was a “Fake Jane”? I mean, I’m kinda fake already, but what about someone pretending to be me--an evil, bitter, insecure version of me? Ok. Me.
Private equity firm Terra Firma Capital set one last deadline on its 2.4 billion pound ($4.9 billion) offer for EMI Group on Friday after reporting that more than a fourth of the music company's shares now backed the offer.
There's no question that CD sales growth is in a sad, sad decline. But Disney's not letting go so fast. Its Hollywood Records is launching today a new format called CDVU + (plus), which has much more memory than any current enhanced CD.
British music group EMI urged its shareholders on Wednesday to start selling to private equity group Terra Firma after long-term suitor and rival Warner Music Group finally ruled out a counterbid.
Whoever writes www.fakesteve.blogspot.com says he (she?) isn't the Apple CEO, he just plays him on the internet. The true author is the object of much speculation inside the tech circle. The only clue we have is that "Fake Steve" claims he (she??) "invented the friggin iPod," a jab at the real Steve Jobs. On the blog Fake Steve rips on everyone.
How much did you pay for your plasma television set? Yes, I know prices have come down. You got a deal? $1,000, $2,000? Maybe $5,0000 for that 62 incher? So why does the audio sound so bogus? Tiny? Because it's coming out of a 6 inch or 10 inch TV speaker that's why? What were you thinking? That the picture was going to be so good that the sound didn't matter? You need a good pair of speakers. You need some MartinLogans.
Private equity firm Terra Firma Capital Partners on Friday again extended the deadline for its 2.4 billion pound ($4.88 billion) takeover bid for EMI Group, which has so far won support from holders of less than 4% of shares.
Prince has angered the music industry and stirred up trouble among British retailers by giving away his new album with a tabloid newspaper this weekend.
It would be tough to confuse Warren Buffett with singer Jimmy Buffett, although they have the same last name and both of them like to play a stringed musical instrument. But the two Buffetts do share one important trait: they're both very good at making money. Ahead of his first-ever concert in Paris, The International Herald Tribune profiles Jimmy Buffett and his business acumen. It also extensively quotes Warren talking about Jimmy in a telephone interview with the newspaper's reporter. "I admire his business even more than mine. He got the singing genes as well as the commercial genes. I'm envious."
A well-known hacker claims to have overcome restrictions on Apple Inc.'s iPhone, allowing highly technical users to bypass AT&T Inc.'s network to use the phone's Internet and music features.
Private equity firm Terra Firma Capital Partners extended the deadline for its $4.8 billion takeover bid for EMI Group, home to the Beatles and Coldplay, hoping to win over shareholders who are holding out for a counterbid from former suitor Warner Music.
Universal Music Group, the world's largest music company, has declined to sign a long-term deal with Apple's iTunes music store, leaving open the possibility for exclusive deals with other services, an industry source said on Sunday.
Some fans of Internet radio may click on their favorite Web site and hear nothing but silence on Tuesday.
Citigroup Chairman Sandy Weill told our Mary Thompson this week that people should start giving their money away even before they have a lot of it. Ok, that's a great idea, though it's a bit easy for him to say. Weill and his wife have generously donated $250 million to Weill Cornell Medical College, and he feels passionate about it. Now we have the scientific proof behind that passion.
What do Brooks & Dunn, Reba McIntyre, Alan Jackson and a yodeling 12 year old all have in common? The CMA. It's the Country Music Association. The 'trade' organization for country music, and one of the most unique operations in the multi-billion dollar music business. Why? Because long ago, in 1958 the world of country music realized then unless they pulled together they would never get out of the South and West, never make it in California or New York or Chicago or Miami.
Warner Music Group said on Monday it was still considering making an offer for Britain's EMI which has agreed to a 2.4 billion pounds ($4.7 billion) cash takeover from private equity group Terra Firma.
It's Music City. So where else would you expect to find the biggest, and one of less than a dozen in North America, record plants? Yes records, as in black vinyl, round, 45 and 33 rpm's. And you thought they'd disappeared forever! The place is the United Record Pressing facility not all that far from downtown. 20 to 40,000 records a day can, and are, turned out here. From the 'oldies' you'd expect--to the current hits you might not.