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Ed Christman examined Republic Records' approach to the final quarter of the year through an extended Q&A with label heads Avery Lipman, Monte Lipman and Charlie Walk who touted the year past and their big plans -- including soundtracks to "The Hunger Games" and Ben Stiller's new passion project "The Secret Life of Walter Mitty."
Former Warner Music Group Recorded Music chief Lyor Cohen has reached agreement with Google Inc. and other investors to fund his new music-based entertainment company which is likely to be distributed through Atlantic label, several people familiar with the plans said.
Live Nation Entertainment has acquired Voodoo Music & Arts Experience in New Orleans. Voodoo Fest founder Stephen Rehage will stay on board at Live Nation.
Twitter has set a price range of $17 to $20 per share for its much-anticipated initial public offering and says it could raise as much as $1.6 billion in the process.
Many of today's most popular music services are free. On-demand digital music subscription services are not in a position to raise prices. Yet SiriusXM shows consumers are willing to pay for music, and other entertainment, if presented with a good deal.
For the first time in five years, the media and entertainment industry is expected to outperform the major stock market indices in 2013, according to a report from EY, formerly known as Ernst & Young. Unfortunately, the music industry was not responsible for this achievement, having turned in the lowest margin growth of all 10 media and entertainment sectors examined, worst even than the sector that includes newspapers.
SFX Entertainment's buying spree is extending well beyond the concert promoters that create the core of the EDM company's business model. Its next three additions, Tunezy, Fame House and Arc90, will give SFX a variety of digital capabilities.
There were a number of movers and shakers on the Billboard 200, as usual, including sets from Chase Rice, Natalie Grant, Taylor Swift and Passenger.
The YouTube Music Awards “could’ve flipped the entire awards-show concept on its head and chased all the little eddies and tributaries on the internet rather than just chasing the widest-possible viewership.” Instead we got a list of nominations based on cold, hard statistics and lowest-common-denominator pandering (all the better to promote YouTube’s rumored subscription music service).
Here's an insane stat: 98.9% of all digital music tracks in existence in 2011 sold fewer than 1,000 copies. That's 7,931,408 out of 8,020,660 songs. And 73.9% of all digital music tracks sold fewer than 10 copies in 2011.
The Who have announced that they will quit touring after a final series of live shows in 2015 to mark their 50th anniversary. Guitarist Pete Townshend told the Evening Standard at the screening for their documentary Sensation, which tells the story of the band's rock opera Tommy, that they will use the tour to visit places they have rarely played in their five decade history.
The Now That's What I Call Music brand is coming to Samsung Smart TVs via a dedicated app. The latest Samsung Smart TV app will offer on-demand access from 30 years of the Now Music brand, powered by Vevo thorough a syndication deal.
For about 15 minutes Thursday night, indie-rock jokesters the Flaming Lips pronounced their own demise. In a Tweet they've since deleted, they wrote, "We have sad news. We've broken up…" A whole 18 minutes later, though, they tweeted again, "lol just joking guys," and deleted their farewell. A representative from the Lips' label wrote "not true" when Rolling Stone attempted to confirm the group's disbandment.
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