Morning Fix: Midem 2014: Takeaways and Survival Tips; WMG Revenue Up 6% After Parlophone Acquisition; Skype, Live Nation Team for Concert Series

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WARNER MUSIC GROUP REVENUE UP 6% AFTER PARLOPHONE ACQUISITION, DIGITAL UP 8.2%

Warner Music Group narrowed its losses to $37 million and grew revenues to $815 million in its fiscal first quarter, ended Dec. 31. While that's an improvement from the $80 million net loss the company posted for the corresponding quarter in 2012, as well as growth over the $769 million in revenue WMG posted in that time period, the company suffered a decline in operating profit to $15 million from $51 million a year ago.
Billboard.biz


BEATS MUSIC ROLLS OUT COMMERCE VIA TOPSPIN

Beats Music has rolled out an option for artists on its streaming music platform to promote merchandise, tickets or other forms of commerce, via an integration with Topspin Media. The arrangement fulfills part of a promise made by Beats Co-founder Jimmy Iovine a year ago to help artists connect directly with their fans.
Billboard.biz


RECORD LABELS SEEK TO PUNISH SIRIUSXM OVER PRE-1972 MUSIC

A high-stakes lawsuit gets moving with a big motion on proposed jury instruction.
Billboard.biz


THE INT'L POWER PLAYERS SPEAK: SEYMOUR STEIN, MARTIN MILLS, ALISON WENHAM, FRANCES MOORE, WILLARD AHDRITZ ON PAUL MCGUINNESS, MIDEM AND MORE (Q&A)

It only makes sense that at this year's Midem a large contingent of Billboard's International Power Player list would be in attendance. Here, at Billboard's event honoring longtime U2 manager Paul McGuinness, we caught up with a power coterie that included music legend and former Billboard Industry Icon Award winner Seymour Stein, Beggars' Martin Mills, IFPI's Frances Moore, AIM's Alison Wenham and Kobalt's Willard Ahdritz
Billboard.biz


MIDEM 2014: TAKEAWAYS AND SURVIVAL TIPS

While it's impossible to take in the entirety of Midem, the international music conference, over the course of its four bustling days several recurring themes became readily apparent, including, Google bashing, going all-in on streaming and major news announcements. And, by its end, we had pretty much figured out how to survive with our wallets and sated appetites still mostly intact.
Billboard.biz

 


SKYPE, LIVE NATION TEAM FOR 'ONES TO WATCH' CONCERT SERIES AT HOUSE OF BLUES (EXCLUSIVE)

Skype and Live Nation have introduced the Ones To Watch With Skype, an interactive platform where fans will have direct access to emerging artists using Skype technology with bands performing at Live Nation’s House of Blues venues. The program begins Feb. 6 with Walk Off the Earth.
Billboard.biz


DAFT PUNK, PHARRELL RISE ON BILLBOARD'S SOCIAL 50 CHART POST-GRAMMYS

It’s all about Daft Punk on the Social 50 this week. The French electronic duo and collaborator Pharrell scale the Social 50 thanks to their wins and performance at the Grammy Awards on Jan. 26.
Billboard.biz


COUNTRY EXECUTIVES ON THE LACK OF FEMALE ARTISTS AT RADIO

With evidence continuing to mount that Nashville has a shortage of successful female artists right now, you might expect that Music Row has a corresponding lack of females in the executive ranks. You'd be wrong.
Billboard.biz


ROMEO SANTOS SCORES RECORD NO. 1 ON HOT LATIN SONGS CHART

Romeo Santos soars 39-1 on Billboard's Hot Latin Songs chart with his new single "Odio," featuring Drake. The jump is the biggest to No. 1 since the chart switched to an airplay/sales/streaming hybrid methodology (from all-airplay) in October 2012.
Billboard.biz


ITALIAN, FRENCH MUSIC REVENUES UP FOR FIRST TIME IN OVER 10 YEARS

For the first time in over a decade of year-on-year decline, recorded music revenues in France and Italy both grew in 2013.
Billboard.biz


SONY MUSIC OPERATING PROFIT UP 32.5% IN Q3 FY 2013

Sony’s music business saw operating profit rise 32.5% and revenues increase by 14.4% year-on-year in its 2013 fiscal Q3, ended December 31.
Music Week


RALPH GARDNER JR. ON JAY Z'S SIGNATURE SCENT AND SMOKE

General Cigar Co.'s Dan Carr spent three years helping create Jay Z's signature smoke, called Comador.
Wall Street Journal


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