Business Matters: Trans World's Music Sales Get a Boost From Healthy Catalog Performance

Business Matters: Trans World's Music Sales Get a Boost From Healthy Catalog Performance

Trans World’s first-quarter results were a good reflection of overall music sales: same-store revenue was down slightly, catalog sales were good -- they were great if you consider historical trends. Also, Slacker gets ESPN, Sony's sales devastated by natural disasters, McCarthy joins Eventbrite, Rock Paper Photo opens for business, and what's a young digital company really worth?
Read: RIAA CEO Mitch Bainwol's Farewell Letter to Music Execs

RIAA Weighs in on Flap Over Executive Salaries

Amid uproar over the salaries of the RIAA's top executives, which were revealed in its 2009 tax return, the company has commented on President Cary Sherman's earnings.
Publishing Briefs: TuneSat's Low-Price Service; PEN's Deal with Olivia Newton-John; Reach Music & Dangerbird Records

TuneSat Raises $6 Million, Plans to Build Team and Expand to New Markets

TuneSat, a provider of broadcast and Internet performance tracking services, raised $6 million in a round of funding led by General Electric Pension Trust. The New York City-based company has an audio fingerprint technology allowing rights holders to know when and where their music is being played on over 200 major TV stations and millions of websites.
Live Nation Opens Up South Korean Office

Business Matters: A Peek Into Live Nation's Ticketing Strategy

Live Nation CEO Michael Rapino went into some detail about the company’s efforts to improve ticket sales at a JP Morgan conference Wednesday. Also, the Wall Street Journal's Walt Mossberg delivers tough justice on tech products, attorneys general applaud anti-piracy efforts, and studies show a lot of people take their tablets to bed ...