A source is denying that Island Def Jam is close to a deal to make rap mogul Jay-Z its president. Negotiations are ongoing, but no details have been finalized, says the source.
Loretta Lynn, Wilco, Franz Ferdinand and the Killers are among 73 artists whose latest albums made the "Long List" of initial nominations for the 2004 Shortlist Music Prize, which honors critically acclaimed albums that have not yet shipped gold.
Brooklyn, N.Y.-based rock band the National has signed a worldwide deal with Beggars Banquet. The label will release the band's third full-length in spring 2005.
Retailer Trans World Entertainment posted increased sales in the second quarter of fiscal 2004, according to the company's latest financial results, released today (Aug. 12).
Former Beach Boys mastermind Brian Wilson will bring his long-awaited "Smile" live performances to the United States this fall, after debuting the "lost masterpiece" in concert in the United Kingdom and Europe earlier this year.
Mobile media company Zingy has inked a distribution deal with 50 Cent. Zingy will now be the exclusive worldwide distributor of ringtones, ringback tones and voicemail greetings featuring the rapper.
