Morning Fix: 2013's Digital Sales Up 10%; Backstage Buys Sonicbids; Sylvia Rhone's New Venture

DIGITAL MUSIC SALES UP 10% OVER JANUARY 2012

U.S. digital sales appear to be holding up after gift cards ran out early in the month. Boosted mainly by strong digital album sales, track equivalent album (TEA) sales are up 14% over the same period in 2012.
Billboard.biz
 


SYLVIA RHONE'S EPIC JOINT VENTURE OFFICIALLY ANNOUNCED: VESTED IN CULTURE

Nearly a year after the partnership was announced, Sylvia Rhone's joint venture with Epic has a name -- Vested in Culture -- and a slate of first releases.
Billboard.biz

WALL STREET SLAMS FACEBOOK FOLLOWING EARNINGS RELEASE

On Wednesday, investors punished Facebook's stock within minutes after the Silicon Valley social networking giant released fourth-quarter financial results that beat official Wall Street forecasts, but may have fallen short of highly optimistic “whisper” numbers. The company posted $1.585 billion in revenue in the quarter ended Dec. 31, up 40% from a year earlier. Net income, however, plummeted 79% to $64 million, or 3 cents a share.
Billboard.biz

  

BUSINESS MATTERS: THE JURY IS STILL OUT ON THE FUTURE OF MUSIC

The news from the annual MIDEM conference indicated streaming is the future of music. But a report this week in the New York Times shows minds are hardly made up. Although the general consensus in the music industry is that streaming is the future, people can’t seem to decide on just how sustainable it will be.
Billboard.biz

 

ALICIA KEYS NAMED BLACKBERRY'S GLOBAL CREATIVE DIRECTOR

BlackBerry announced today that Alicia Keys is the company's new Global Creative Director. Keys, who made an appearance at the tail end of a launch event for two new phones that will run the new BlackBerry 10 operating system, was brought on board to "lead an array of new business initiatives that will drive engagement with BlackBerry and perception of the brand."
Billboard.biz


TIMBALAND SIGNS TO ROC NATION

Producer/artist Timbaland has signed to Roc Nation, according to posts on both the Roc Nation and Jay-Z’s Life + Times sites.
Billboard.biz

 

AMANDA PALMER Q&A, PART 2: TOURING, AND THE CHALLENGES OF SMALL BUSINESSES

Amanda Palmer has played a groundbreaking role in the relationship between recording artists and fans. In part 2 of this long conversation with Billboard.biz, she talks about how the ways promoting her tours have changed, the enormous difficulties in fulfilling her fans’ Kickstarter orders, the morality of running your own business, and more.
Billboard.biz

JUSTIN BIEBER BOUND FOR FIFTH NO. 1 ALBUM ON BILLBOARD 200 CHART

Unless something highly unexpected happens, Justin Bieber will collect his fifth No. 1 album on the Billboard 200 chart next week with "Believe Acoustic." Industry sources say that the set could sell between 180,000 to 190,000 copies by the end of the tracking week on Sunday, Feb. 3.
Billboard.biz


BACKSTAGE ACQUIRES SONICBIDS

Backstage, the publication specializing in casting, auditions and entertainment-industry opportunities, today announced it had acquired Sonicbids, the platform for bands to book opportunities and market themselves online.
Billboard.biz


EXCLUSIVE: MIXIFY SIGNS RED LIGHT MANAGEMENT, ULTRA MUSIC, OTHERS FOR VIRTUAL MUSIC FESTIVAL

Mixify, a three-month-old New York start-up that streams live audio, has signed up a number of major electronic dance labels and promoters for an upcoming virtual music festival called Rise.
Billboard.biz

 


ROLLING STONES CLOSE TO GLASTONBURY DECISION

The organizers of the UK’s Glastonbury festival have said that the option of the Rolling Stones playing at this year's festival is "now in the band's court" after formally offering the band a slot late last week. A  source from the Somerset festival said that, "It wasn't an option previously but in the last seven days things have moved quickly." They said the decision was now for the band to make.
Telegraph

RIAA REVEALS TOP 2012 GOLD AND PLATINUM CERTIFICATIONS

The Recording Industry revealed its year-end tally of 2012 Gold & Platinum awards. Last year the RIAA awarded more song download honors than any other year with 25% increase year-on-year. A record-breaking 139 digital songs were certified Platinum in 2012 from 524 digital songs certifications awarded overall, compared to 409 in 2011. Adele’s 21 was the first album in a decade to sell more than 10 million in less than two years. Taylor Swift earned 2012’s highest G&P album as Red sold more than three million in one month. Two songs tied for the top release of 2012 at 6x Platinum: Carly Rae Jepsen’s “Call Me Maybe” and Gotye’s “Somebody That I Used to Know.”
Music Week 

Coachella Sells Out Both Weekends

Tickets for the first weekend of this year's Coachella festival sold out within 15 minutes after going on sale, and the second weekend sold out by 9:40 a.m. yesterday morning, according to a post on the festival's Facebook page.
Billboard.biz

Jimmy Jam, Terry Lewis Sign With Universal Publishing

The long-running songwriting and production team of Jimmy Jam and Terry Lewis have signed an exclusive worldwide publishing administration agreement with Universal Music Publishing Group, the company announced today. The deal will encompass all new work written by Jam & Lewis and exclude the duo's massive back catalog.
Billboard.biz

 

HMV Troubles Help Lift U.K. Music Sales

With the U.K. music industry still reeling from HMV entering administration, new figures from the Entertainment Retailers Association suggests there may be a silver lining to the retailer’s financial woes: double digit year-on-year sales gains for music retail over the first four weeks of 2013.
Billboard.biz

Ultra Music Signs Distribution Deal with
Machinima

Ultra Music, an independent electronic music label that over the years has represented Deadmau5, Kaskade, Steve Aoki, Calvin Harris and numerous other EDM artists, on Wednesday announced a strategic deal with Machinima, one of the largest networks on YouTube.
Billboard.biz

Patty Andrews, Singer With the Andrews Sisters, Dies at 94

Patty Andrews, the last of the Andrews Sisters, the jaunty vocal trio whose immensely popular music became part of the patriotic fabric of World War II America, died on Wednesday at her home in Los Angeles. She was 94. With their jazzy renditions of songs like “Boogie Woogie Bugle Boy (of Company B),” “Rum and Coca-Cola”and “Don’t Sit Under the Apple Tree (With Anyone Else but Me),” Patty, Maxene and LaVerne Andrews sold war bonds, boosted morale on the home front, performed with Bing Crosby and with the Glenn Miller Orchestra, made movies and entertained thousands of American troops overseas, for whom the women represented the loves and the land the troops had left behind.
New York Times

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