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Increased concert attendance drove record third quarter revenue at Live Nation. The company turned in revenue of $2.26 billion in the quarter, up 15% from the prior-year quarter. Adjusted operating income (AOI), a metric that excludes certain one-time items, rose 9% to $221.2 million.
Weeks before the launches of Sony’s PlayStation 4 and Microsoft’s Xbox One, the gaming-console industry stands at a curious crossroads: Its platforms have served up just as much, if not more, traditional entertainment like movies, TV shows and music than they have games.
Eminem is set to rock the top of the Billboard 200 albums chart next week. The Detroit rapper’s latest album, "The Marshall Mathers LP 2," is on course to earn the second-largest sales week of the year and debut at No. 1.
In a statement, SFX chairman and CEO Robert Sillerman said he plans to take the Electric Zoo brand international and make use of Made co-founders Mike Bindra and Laura DePalma's expertise in the field for additional, U.S.-based projects.
The American Society of Composers, Authors and Publishers (ASCAP) hosted its 51st Annual ASCAP Country Music Awards on Monday, Nov. 4th in the Grand Ballroom at Nashville’s newly opened Music City Center.
"Glee" hit the right note as it leads with eight nominations for the People's Choice Awards. Fox's hit show is up for favorite network TV comedy, and four of its stars are nominated for acting.
Broadcasters are newly enthusiastic about claiming the “live and local” franchise; they grudgingly allow that spotload is an issue. In some ways, the emphasis on the former seems like permission to ignore the latter. No proponent of live and local says they want to abandon the continuous music business.
Spotify may be the world’s biggest music streaming company, but rival Deezer is inching closer to its terrain: today the company revealed that it now has 5 million paying users globally and 30 million tracks on its platform; and taking a page from Spotify’s playbook, it also took the covers off two new discovery features to improve engagement on the platform.
On the Beat Records – a classic vinyl collectors record store in central London," reads the unlikely eBay listing. The business, established 34 years ago and located close to Tottenham Court Road, has been put up for sale on the online auction site.
Streaming sales have been included in Norway’s singles chart since spring 2011. Neighbouring Sweden announced a combined album chart last month. The integration took effect on Friday, November 1.
The comparison may be a bit apples’n'oranges, given that YouTube and Facebook fulfil different functions for teenagers. Even so, new research from The Futures Company based on a survey of just over 4k young Americans provides some useful information on changing teen habits.
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- Music Department Presents Faculty Recital
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