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Even without curator Jay Z as a headliner, this weekend’s second Budweiser Made In America Festival is already well on track to surpass its inaugural year in Philadelphia. Ticket sales for Year two are expected to finish between 57,000 and 60,000 per day, says Budweiser brand manager Mike Thompson, which would put full-weekend attendance as high as 120,000 — a 50% increase.
At noon EDT Thursday (Aug. 29), Jay Z and Justin Timberlake's "Holy Grail" music video became the first clip by a major music star to premiere on Facebook — and with a 24-hour exclusivity window to boot. The premiere utilizes Facebook's proprietary video player, which will have the exclusive on the clip before YouTube and any other video provider until noon EDT on Friday Aug. 30.
The Universal Music Group suffered a decline in earnings in the first half of 2013 due to costs related to its acquisition of EMI Recorded Music and the subsequent restructuring to produce synergistic cost savings. But its topline enjoyed a nice increase in sales so far this year, thanks to revenues generated by the EMI catalog.
Boy George signs with Kobalt to release his first new album of original songs in 18 years, George Strait sticks with MCA Nashville, World's Fair to Fool's Gold, Rick Ross to ICM and much more.
German media giant Bertelsmann on Friday reported its highest profit from operations for a first half of the year in its long history, with operating profit jumping $50 million to $1.02 billion.
SiriusXM shareholders directors should have taken measures to prevent a takeover by Liberty Media, extracted a takeover premium and allowed a shareholder vote on the deal, the judge in the case heard this week.
When Labor Day arrives Sept. 2, it represents a break in the repetition of the everyday lives of working-class Americans. That repetition is reflected in country music, with its frequent celebration of blue-collar vocations, but even in the occasional repetition of the word “work” itself.
Jorge Espinel, who spent four years working on News Corp.'s digital strategy, has been named as Spotify's new head of global business development. As AllThingsD reports, the position has remained unfilled since October of last year, after Gerrit Meier's resignation.
A recent change to Canada's border policy has raised sharp concerns within the music community there and abroad. Revisions to Canada's temporary foreign worker program add a $275 processing fee for those visiting the country on business. Although the rule change doesn't specifically mention musicians, it will hit touring bands hard.
Four Bars Intertainment is merging with the newly formed COOL Music Interactive, a game-focused division of the COOL Music Group, whose clients have scored several films, including “Harry Potter and the Order of the Phoenix” and “The Counselor.”
Indiegogo seems to always play second fiddle to Kickstarter, despite the fact that it was on the crowdfund scene first, and now someone’s done the math to figure out exactly how the two compare.
Smartphone bills are much lower than in the U.S. or Korea, for example. So who picks up the money left on the table? Mobile advertisers? App developers? Judging by the data, it doesn't seem so. The European smartphone user is simply under-monetized compared to the U.S. user.
In collaboration with The Pirate Bay, the Cybernorms Research Group at Sweden’s Lund University is collecting data on the reasons people share copyrighted material and how they regard the legal implications. The aim of the Survey Bay project is to give policymakers more information – and, of course, influence their decision-making too.
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