Morning Fix: Pandora Revenues, Subs Rise With Listening Caps; Sony's $1.5 Bil. Bond Sale; Daft Punk Rocket Up Social 50

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PANDORA SEES QUARTERLY REVENUE, SUBS RISE WITH MOBILE LISTENING CAPS

Pandora's gains in its most recent fiscal quarter were helped by an increase in subscribers that stemmed from the listening caps the company placed on mobile listening in March. The company added over 700,000 net new subscribers to its Pandora One, ad-free service in the quarter, a 114% increase year-over-year.
Billboard.biz


SONY TO SELL $1.5 BILLION IN CORPORATE BONDS IN JAPAN

Sony Corp will issue $1.5 billion in five-year bonds June 19 to ordinary Japanese investors, the company said Friday. Of that, $1.1 billion is earmarked for paying down existing debt, with the rest used for capital investment.
Billboard.biz


DAFT PUNK HITS NO. 5 ON BILLBOARD'S SOCIAL 50 CHART WITH ITUNES ALBUM STREAM

Daft Punk makes a leap on the Social 50 tally, rising 38-5 and breaking the top five for the first time. The French dance duo made its just-released album, "Random Access Memories" (May 21), available for streaming in the iTunes Store on Monday, May 13.
Billboard.biz


KID ROCK, ROLLING STONES, TICKETMASTER'S JARED SMITH ON SCALPING, SUMMER TOURS

Kid Rock's discount ticket pricing is leading a change in tours where scalpers play a major role as the marketplace for secondary sources for tickets continues to grow, especially in a summer when key acts like The Rolling Stones, Beyonce, Paul McCartney, Taylor Swift, Justin Timberlake and Jay-Z are on the road. "If I see a scalper, I'll scalp him," the Rolling Stones' Keith Richards said, laughing.
Billboard.biz


EXCLUSIVE: ATO RECORDS SIGNS DISTRO DEAL WITH CAROLINE

Caroline distribution and label services operation has signed ATO Records to a U.S. distribution agreement. ATO (According To Our Records), founded by Dave Matthews and manager Coran Capshaw, has a roster that includes My Morning Jacket, Alabama Shakes, Rodrigo Y Gabriela, Allen Stone, Drive-By Truckers, Primus, and Old Crow Medicine Show.
Billboard.biz


MARY J. BLIGE FACES $3.4M TAX LIEN

Mary J. Blige and her husband have been hit with a $3.4 million tax lien in New Jersey. Court documents show the Internal Revenue Service filed a notice of a lien on the nine-time Grammy Award winner Feb. 7. That was two days before the Queen of Hip-Hop Soul was honored at a pre-Grammy party in Los Angeles.
Billboard.biz 


EXCLUSIVE: TERRIBLE RECORDS, XL RECORDINGS SIGN JOINT VENTURE DEAL FOR SELECT RELEASES

Terrible Records, the Brooklyn-based label founded by Chris Taylor of Grizzly Bear and Ethan Silverman, has begun a worldwide partnership with XL Recordings to manufacture, distribute, market and promote certain future releases. The first release under the partnership is Kirin J. Callinan's “Embracism,” due July 2.
Billboard.biz


BRUCE SPRINGSTEEN'S FAN-GENERATED FILM TO PREMIERE JULY 22

Ridley Scott's fan-generated Bruce Springsteen film will be shown in a theatrical event on July 22. Directed by music video director Baillie Walsh, "Springsteen & I" will be shown in theaters on July 22 around the globe; tickets go on sale June 4. Arts Alliance Media is handling the event.
Billboard.biz


INTERNATIONAL MUSIC SUMMIT KICKS-OFF IN IBIZA WITH SHELLY FINKEL, PATRICK MOXEY, MARC GEIGER, MORE

The International Music Summit, a industry confab for professionals and musicians working in electronic dance music, wrapped up its second of three days of panels and presentations in Ibiza with a host of EDM business executives that included SFX’s Shelly Finkel, Ultra Records’ Patrick Moxey and WME’s Marc Geiger.
Billboard.biz


ZACH SOBIECH'S 'CLOUDS' HEADED FOR HOT 100 DEBUT


The song from the singer/songwriter, who passed away Monday at 18, from cancer could launch in the Hot 100's top 20 next week. Sobiech succumbed to a rare and terminal form of cancer on Monday (May 20). Prior to his passing, the video for “Clouds” went viral and helped turn the young artist into a global role model for others battling serious illnesses.
Billboard.biz


SONY CONTINUES TO BATTLE APPLE FOR BETTER STREAMING DEAL

Sony Music and Sony/ATV are both holding out on striking a deal with Apple for its soon-to-be-announced online radio service - a decision that is reportedly frustrating Warner and Universal. From the Sony/ATV side, boss Marty Bandier is demanding a higher rate of pay for songwriters, who have traditionally only accrued around a twentieth of the value of a recorded music sale.
Music Week


EMAILS SHOW CONCERN FOR JACKSON DETERIORATION

A stage manager who worked on Michael Jackson's ill-fated "This Is It" concert warned an AEG executive days before the star's death that he was in a physical and mental decline and needed help, according to an email shown to jurors on Thursday.
Associated Press


 DAFT PUNK'S "GET LUCKY" SETS SPOTIFY RECORDS WITH 27 MILLION STREAMS

Since it's release last Monday, 20th May, Daft Punk’s album ’Random Access Memories’  has already set a number of records on Spotify including the single ‘Get Lucky’ being streamed over 27 million times.  If trends hold, ‘Random Access Memories’ will top Mumford & Son's ‘Babel’ as the most streamed album ever in the week of release for the US. More Daft Punk firsts on Spotify:
Hypebot



FIRST INDIE ARTIST SURPASSES ONE BILLION YOUTUBE CHANNEL VIEWS

The Official YouTube Channel for singing and dancing viral superstar Gummibär (usernameGummyBearIntl), has recently reached two major milestones, surpassing 1 billion total channel views and 300 thousand subscribers. With these achievements, Gummibär joins a rather exclusive club of about 73 other YouTube channels that currently have 1 billion views or more -- Eminem, Justin Bieber and Lady Gaga -- but, Gummibär is the only musical artist in the list that is not signed, affiliated or distributed by a major music label.
Newsday


BUBBLING UNDER: CLASSIFIED'S 'NINJA' KICKS UP SUPPORT; ALSO, THE VILLAINS, SHALIEK & EBONY BASKIN

Each Friday, Billboard presents "Bubbling Under," a weekly look at new and noteworthy acts making their way toward Billboard chart success. Up this week: Classified, the Villains, Shaliek, Ebony Baskin
Billboard.biz


IMAGEM MUSIC SIGNS GEORGE GERSHWIN CATALOG

Imagem Music, the pop music division of the Imagem Music Group and the world's largest indie music publisher, announced it has signed a multi-year agreement with the Arthur Gershwin Testamentary Trust. Imagem will now administer the work George Gershwin created during the last three years of his life, a highly prolific period wherein he wrote the songs featured in Porgy and Bess, Shall We Dance, A Damsel In Distress, and The Goldwyn Follies, among others.
SonicScoop


STOP THE PRESSES!

- 30 Seconds to Mars Has the Second Worst Metadata In the World...

- What's A Modern Music Snob To Do?

- Jon Stewart accuses the Senate of all being Apple fanboys

- White House press secretary Jay Carney discusses favorite band, Guided by Voices

- King Crimson Guitartist, Robert Fripp, Quits Music Now Hangs Out With Lawyers

- Daft Punk's colours to be carried on Lotus car in Monaco grand prix

- Actor Christopher Lee to release metal album on his 91st birthday

- David Hasselhoff Drops $2 Million on Brand New Hasselhome


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