Morning Fix: ASCAP's Financials; StubHub's Naming Rights To Home Depot Center; Jay Sean's New Company

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ASCAP REPORTS 2012 FINANCIALS: DISTRIBUTED $827 MILLION

ASCAP collected $941 million in revenue last year, down 4.5% from its 2011 total of $982 million. But royalty payments increased slightly to $827 million, up from $824 million in the previous year.
Billboard.biz


STUBHUB ENTERS INTO NAMING RIGHTS DEAL FOR AEG’S HOME DEPOT CENTER

In a surprising move that could further legitimatize the secondary ticketing market, StubHub has entered into a long-term agreement with AEG for naming rights to the Home Depot Center in Carson, Calif. Effective in June, the 27,000-capacity facility will be known as the StubHub Center.
Billboard.biz



EXCLUSIVE: JAY SEAN ANNOUNCES NEW ALBUM, ENTERTAINMENT COMPANY

Jay Sean will release his next album, "Neon," on May 21. “Where You Are” will be the first single from his Cash Money/Republic sophomore project out March 19. Concurrently, Sean announces the launch of Kamouflage Entertainment with business associates Jeremy Skaller and Thara Prashad.
Billboard.biz


WARNER SOUND SHOWCASE AT SXSW: FULL SCHEDULE

A full schedule has been announced for the Warner Sound showcase at SXSW in Austin this month, with daytime performances by Fitz & the Tantrums and Lianne La Havas, plus headline sets by the Flaming Lips, Paramore and others. The three-day Warner Sound Captured by Nikon showcase is being held March 12-14 at The Belmont Austin. Billboard will be the official media partner for the event.
Billboard.biz


GRAHAM ARMSTRONG, VETERAN PROGRAM DIRECTOR AND JOURNALIST, SUCCUMBS TO PNEUMONIA

Graham Armstrong, former program director at Chicago’s WGCI-FM and a veteran R&B journalist, died March 1 in Los Angeles of complications after a long bout with pneumonia. He was 60 years old.
Billboard.biz


NIGERIA: THE NEW AFROBEAT

Africa's biggest consumer market with a population of some 160 million, Nigeria is an emerging market that deserves attention-and investment that could yield big payoffs in the years and decades ahead.
Billboard.biz


2:30 PUBLICITY AND GRANDSTAND MEDIA MERGE

Long-established publicity firm 2:30, founded in 1997, and relative newcomer Grandstand Media & Management, founded in 2012, have merged, it was announced today in a statement. "With a combined 50 years of experience…" begins the introduction to Grandstand Media & Managements new website.
Billboard.biz


HOW DEMI LOVATO'S 'HEART ATTACK' HASHTAG BECAME A WORLDWIDE TRENDING TOPIC

On Friday March 1, Demi Lovato debuted the release of the video for her new single, “Heart Attack,” via an interactive online campaign where fans unlocked the video by tweeting the song’s lyrics, along with the hashtag “#UnlockHeartAttack.” The campaign garnered a remarkable amount of engagement, and the hashtag became a trending topic worldwide.
Billboard.biz



BILLBOARD AND SPOTIFY TEAM UP TO HOST KENDRICK LAMAR, ANGEL HAZE AND MORE AT SXSW

Billboard is teaming with Spotify for Spotify Live, a free, ticketed show at South By Southwest on March 13 featuring performances from Kendrick Lamar, Youngblood Hawke and Cazzette.
Billboard.biz


DFA RECORDS SUES CO-FOUNDER TIM GOLDSWORTHY

DFA Records, the New York-based, scene-defining record label founded by Jonathan Galkin, Tim Goldsworthy and LCD Soundsystem's James Murphy in 2001, is suing Goldsworthy in Manhattan Civil Supreme Court.
Billboard.biz


BRIAN ENO, LEE SCRATCH PERRY, GIORGIO MORODER ANNOUNCED FOR RED BULL MUSIC ACADEMY NYC

The Red Bull Music Academy today announced the complete line-up for the 15th edition of its music festival and conference to be held in New York City this spring and which will include events with Brian Eno, Giorgio Moroder, Lee Scratch Perry, Ryuichi Sakamoto, Masters at Work and DFA Records' 12th anniversary party.
Billboard.biz


LONDON'S O2 ARENA, AEG UNDER PRESSURE FOLLOWING LATE JUSTIN BIEBER GIG: BIEBER APOLOGIZES

After Justin Bieber disappointed fans last night by being two hours late for his O2 Arena gig, the venue and promoter are facing pressure from ticket holders (and their parents). After appearing on stage at 10.23pm last night, nearly two hours after the advertised time of 8.30pm, many young fans had to leave the show early to get home and are now seeking refunds and guarantees that Bieber will be on time tonight's show.  The venue's Twitter account, @The_O2, has so far responded by  saying they are doing "everything within our power to ensure Justin makes it on stage at the right time".  UPDATE: Justin Bieber has issued an apology citing technical difficulties and explaining he wasn't due to take the stage until 9:35.
Telegraph


SONY HITS BEYONCE PIRATE WITH $233,000 LAWSUIT - REPORT

Sony Music Entertainment is suing a BitTorrent user in Sweden for $233,000 (approx. £154,060) for leaking Beyonce’s 4 album to The Pirate Bay ahead of its release. The claim is that on June 8, 2011 a man from Gothenburg shared LP 4 in advance of its June 24 commercial release date. The 47-year-old is reportedly a music industry worker, reports TorrentFreak.
Music Week


DOES 'SMOKING GUN' E-MAIL SUGGEST LINK BETWEEN AEG AND MICHAEL JACKSON'S DEATH? (REPORT)

A “smoking gun” email that allegedly links concert promoter AEG Live to the 2009 death of Michael Jackson was revealed this week in connection with the wrongful-death lawsuit filed by Jackson’s mother and children. The exchange between AEG Live co-CEO Paul Gongaware and Jackson’s “This Is It” show director Kenny Ortega sent after Jackson missed rehearsal reads as follows: “We want to remind [Murray] that it is AEG, not MJ, who is paying his salary. We want to remind him what is expected of him.” Jackson lawyers are arguing that the email is evidence of AEG’s involvement in the singer’s sudden death. In a brief statement released last year, AEG lawyer Marvin Putnam said, “Defendants did not hire Dr. Murray, nor were they responsible for the death of Michael Jackson.”
Hollywood Reporter


SUNSET STRIP MUSIC VENUE KEY CLUB TO CLOSE

Sunset Strip live music venue the Key Club is shutting its doors March 15, the club’s management announced Monday. The Key Club, at 9039 Sunset Blvd. is just down the street from famous rock haunts The Roxy, the Rainbow Bar and Grill and Whisky A Go Go, was built in place of the former Gazzarri's, a nightclub that booked early residencies by The Doors and Van Halen and others.
Billboard.biz
 


GOOGLE IS BUILDING A SAME-DAY AMAZON PRIME COMPETITOR

Google is stealthily preparing to launch an Amazon Prime competitor called “Google Shopping Express.” According to one source the service will be $10 or $15 cheaper than Amazon Prime, so $69 or $64 a year and offer same-day delivery from brick-and-mortar stores like Target, Walmart, Walgreens and Safeway (though no specifics were mentioned by our sources). When and if it launches, the product will be a competitor to Amazon Prime, eBay Now, Postmates’ “Get It Now” and even smaller startups like Instacart.
TechCrunch


HEADLINES OF THE DAY

 

- Mel B -- BOOED on 'America's Got Talent'

- Awesome 6-Year-Old Takes Over Breakdancing Competition In France

- The Pirate Bay is relocating to North Korea?

- Low Times with Steve Albini and, erm, Richard Marx...

- Lil Wayne Reveals 'Human Being II' Tracklist, Contains One Cuss Word..

- Rapper Gucci Mane announces official name change - then changes mind 30 minutes later

- Alice Cooper To Donate Concert Proceeds To Snake Center

- Justin Bieber's Dad Gives Him A 'Batcycle' For His Birthday

- Bloc Party's Kele Okereke: 'I'm destined to write a novel'


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