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A superstar Q&A with Carlos Vives; an Influential Women in Latin Music luncheon with Natalia Jimenez; a conversation with Mana's Sergio Vallin; Latin Music Marketing Awards gala; the BMI/Peer Music/Sony Latin showcase can only mean one thing: Billboard’s Latin Music Conference is in full swing. Check our comprehensive and continuous coverage from Miami here as our event builds to Thursday's Billboard Latin Music Awards.
Apple posted revenue of $43.6 billion and net profit of $9.5 billion, or $10.09 per share, in the quarter ended March 31. Both figures surpassed analysts' expectations. However, the company's 37.5% gross margin, down from 47.4% a year earlier, validate the market's belief that competition in smartphones and tablets have eroded Apple's margins.
A ruling by the Supreme Court for the State of New York Appellate Division states that pre-1972 recordings are not covered by the Digital Millennium Copyright Act and nullify an earlier ruling in favor of Grooveshark. The decision could have wide ranging impact on other companies such as Google, SoundCloud and others that rely on user-uploaded content.
U.S. track sales are down 2% through April 14th, according to Nielsen SoundScan, while digital album sales are up 9%. A deficit in the digital marketplace is unusual. Although tracks were in negative territory through part of 2010 -- they finished that year in positive territory -- there has been nothing but growth since iTunes launched in April 2003.
Today at the Billboard Latin Music Conference, Univision Communications Inc. announced announces the launch of the Uforia music service and upgraded radio app focused on content curation with deep Latin genres.
The band's 50th-anniversary tour will kick off a day later than originally scheduled. The British rock legends said Tuesday on their Facebook page and official website that they will now kick off their "50 & Counting" tour May 3 because of the NBA playoffs.
IGGY AZALEA SIGNS TO ISLAND DEF JAM
Iggy Azalea has had her fair share of label drama. The Australian-born rapper signed to Interscope last year but parted ways after she and the label didn't see eye-to-eye on her management deal with T.I.'s Grand Hustle imprint. But Tuesday, she took to Twitter to announce her signing with Island Def Jam USA. She's also signed to Mercury UK.
Right now, Australia should be bracing itself for its biggest-ever invasion of U.S. hip-hop and R&B stars. The likes of Nas, T.I., 50 Cent, Young Jeezy, J. Cole, Waka Flocka Flame, Joey Bada$$ and more should be preparing to headline not one but two urban-music festivals that would hit the continent’s major cities over the next week. The land Down Under should be paradise for fans of beats and bluster. But it’s not happening -- not now, anyway. In the space of just a few hours, the inaugural Movement fest was canceled and its rival Supafest was postponed.
Amanda Palmer had an unprecedented crowdfunding campaign last spring, amassing nearly $1.2 million in advance of her 2012 album "Theatre is Evil," but she wishes she strategized differently after the album sold less than 85K. She spoke at the end of the EMP Pop Conference at NYU.
Tunes users seeking a full TV season or box set of music can buy now and download later. The new option is in place for an array of different items, including movies, music box sets, and full seasons of TV shows -- as well as individual shows. Purchasing one of the above items now asks you if you want to download it immediately or later. Choosing the download later option adds the selected item to your iTunes account where you can stream it or download it in the future.
Last year Lauryn Hill pleaded guilty for failing to pay federal taxes on $1.8 million earned between 2005 and 2007. On Monday a federal judge postponed Hill's tax evasion sentencing, giving her until May 6 to pay off her liability, which now stands at $504,000 after Hill made a payment of $50,000 late last year. During Monday's proceeding in Newark, N.J., however, Assistant U.S. Attorney Sandra Moser revealed that Hill had signed a new deal with Sony, and was set to receive $1 million for recording five new songs, plus additional money for an entire album's worth of music, according to NJ.com. However, Hill has yet to finish writing and recording the new songs.
AUSTRALIAN POLICE ARREST ALLEGED LEADER OF LULZSEC HACKING GROUP
The Australian Federal Police has reportedly arrested a man who describes himself as the "leader" of the LulzSec hacking group. The 24-year-old man was arrested on hacking charges Tuesday in the coastal town of Point Clare, according to ABC News Australia, which first reported the arrest. The report did not reveal that man's identity. The arrest comes two weeks after three members of hacker group pleaded guilty in a British court to carrying out cyberattacks against various media and entertainment companies – including Sony, PayPal and the U.K. National Health Service.
Glassnote Records founder Daniel Glass will receive the special “visionary award” at the SESAC Pop Music Awards, to be held May 13 at the New York Public Library. In a statement, SESAC pays homage to Glass' “tireless dedication to songwriters and immeasurable contributions to the music industry,” and notes that the N.Y.-based exec “is being honored for greatly affecting the lives and careers of songwriters.”
According to the venue contract obtained by a music photographers' Facebook group, "no photo credentials" are to be granted for concerts on Beyoncé's Mrs Carter tour. Instead, news outlets have been given a link to a website featuring shots taken by Frank Micelotta. Beyoncé's UK publicist has confirmed to the Guardian that this is the case. The move to prohibit press photographers is seen by most observers as a reaction to this year's Super Bowl kerfuffle, when sites such as Gawker and Buzzfeed compiled "unflattering" images of Beyoncé's jubilant exertions.
Parliament-Funkadelic bassist Cordell “Boogie” Mosson passed away April 18. Cause of death is currently not known. Mosson was 60. Funkadelic mastermind George Clinton recruited Mosson and guitarist Garry Shider from the New Jersey band United Soul in 1971. A key asset for the hugely influential Funkadelic (and later Parliament), Mosson played on crucial albums such as America Eats Its Young, Cosmic Slop, Funkentelechy Vs. the Placebo Syndrome, and One Nation Under a Groove.
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