We spend much of our day at the Breaking News Desk evaluating the worth of stories for air. It’s most certainly an art, rather than a science, and there are many factors that influence our decision over what to put on air and how. However, some stories cross the desk that are instant no-brainers. We saw just such a slam dunk this morning when we heard that Apple Inc. had settled a trademark dispute with Apple Corps, the company behind the music made by The Beatles.
The U.S. Federal Trade Commission said Sony BMG agreed to settle charges that it secretly embedded potentially damaging anti-piracy software in some of its CDs.
AOL, a unit of Time Warner, said Friday that online music retailer Napster will become the exclusive music subscription provider for AOL Music, replacing its AOL Music Now service.
Britain's EMI Group said on Friday annual profits would fall short of expectations due to a weak Christmas at its music business, and announced the departure of the division's head and a plan to slash costs.
British music and book retailer HMV Group reported a first-half loss of 31.8 million pounds ($61.6 million) on Thursday, but said group sales had improved over Christmas in the UK and Ireland.
U.S. album sales continued to decline in 2006, down nearly 5% from the previous year, but total music sales were up thanks to a huge increase in digital downloads.
All the studios and networks are ramping up efforts to sell their movies and tv shows online with sites like MovieLink, CinemaNow, and of course, Apple's iTunes store. But it's just not that big yet -- illegal downloads outpace legal alternatives five to one.
Ticketmaster has bought a 25% stake in a music-oriented networking Web site in a deal that seeks to generate exposure for the ticket-selling giant among independent music fans.
Britain's HMV Group said music and DVD markets had deteriorated over the last three months and its year profits would be near the bottom end of market expectations.
YouTube lost its revenue-free hipster vibe when Google acquired it -- which was just fine for users -- but will YouTube become so cluttered with corporate propaganda that it loses its cool? This is the latest...
U.K. music giant EMI Group looks set to be taken over by Permira Advisers, a private equity firm, according to people familiar with the matter, The Wall Street Journal reported Friday.