Morning Fix: Beats Reactions; Janick, Grainge Praise Iovine; SoundExchange Goes for Pre-'72 Cash

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APPLE BUYS BEATS IN $3 BILLION DEAL; IOVINE, DR. DRE TO JOIN TECH GIANT

After nearly three weeks of waiting and speculation, Apple has officially announced the acquisition of Beats Electronics and Beats Music in a $3 billion deal.
Billboard.biz


DOUG MORRIS, SCOOTER BRAUN, DANIEL EK, MORE ON THE APPLE-BEATS DEAL

With news of Apple's $3 billion acquisition of Beats Electronics breaking today, Billboard reached out to prominent executives and thinkers from across the music industry to get their thoughts on the deal.
Billboard.biz


JOHN JANICK TO SUCCEED JIMMY IOVINE AS CHAIRMAN, CEO OF INTERSCOPE GEFFEN A&M

John Janick has been named chairman and CEO of Interscope Geffen A&M, succeeding Jimmy Iovine, the most successful head of a major label for the last 25 years.
Billboard.biz


PRICE WAR: BEATS MUSIC DROPS PRICE, EXTENDS TRIAL

Newly united Apple and Beats Music didn’t even wait a day after formally announcing their $3 billion union to start a price war with their competition. Beats Music’s latest app update includes a 17% drop in price for yearly subscribers in the U.S., to $99.99 from $119.88, while also extending the trial period for first-time users to 14 days.
Billboard.biz


JOHN JANICK, LUCIAN GRAINGE PAY TRIBUTE TO JIMMY IOVINE

Both successor John Janick and boss UMG Chairman/CEO Lucian Grainge paid tribute to Jimmy Iovine on his official exit from his post as head of Interscope Geffen A&M to Apple as the tech company today officially announced the $3 billion purchase of Beats Electronics.
Billboard.biz


SOUNDEXCHANGE LAUNCHES CAMPAIGN FOR ROYALTIES ON PRE-1972 RECORDINGS

Listen to the Stooges' "Search and Destroy" from the 1973 album "Raw Power" on Pandora and the band will receive a small royalty. But listen to "Down on the Street," from the "Funhouse" album released three years earlier, and the band won't be paid. That's because some digital radio services don't pay royalties for songs recorded before February 15, 1972 -- and it's an ongoing point of dispute in the music business.
Billboard.biz


BILLY CORGAN SUES DISTRIBUTOR FOR BACK ROYALTIES

In a lawsuit filed Wednesday in Los Angeles Superior Court, the Smashing Pumpkins frontman says he signed a deal effective Jan. 1, 2010, giving Rocket Science Inc., Skyrocket Holdings, LLC and its principal Kevin Day exclusive rights to distribute some of his recordings.
Billboard.biz


BONO, THE EDGE JOIN FENDER’S BOARD OF DIRECTORS

Bono and the Edge have done their bit to shape popular music, and save lives with tunes. Now they’re helping guide the fortunes of Fender.
Billboard.biz

 


'SEARCHING FOR SUGAR MAN' STAR FACING TROUBLE OVER DEALMAKING

Searching for Sugar Man star Sixto Rodriguez spent years out of the limelight until an Oscar-winning documentary showcased how the Michigan-born songwriter had secretly become a huge star in South Africa. Stardom has its price, though. Now, the newly famous musician is facing trouble over representations he made to music executives in the 1960s.
Billboard.biz


BEYONCE, SHAKIRA, LADY GAGA MAKE FORBES' MOST POWERFUL WOMEN LIST

Forbes released its annual list of The World's 100 Most Powerful Women on Wednesday, and this year's ranking is topped by German chancellor Angela Merkel. Yet in the American political sphere, former first lady Hillary Clinton clocks in at number six -- two spots ahead of current first lady Michelle Obama.
Billboard.biz


FIGHT OVER MEGAUPLOAD'S FROZEN ASSETS HEATS UP

The civil lawsuit is likely to follow the criminal prosecution, and as everyone awaits the latter, a developing fight is underway over Dotcom's significant assets.
Billboard.biz

 


MICHAEL JACKSON'S 'BILLIE JEAN' RETURNS TO HOT 100; LEGEND LANDS 50TH HIT

A week after becoming the first artist to reach the Billboard Hot 100's top 10 in five different decades (and six including his work with the Jackson 5), as "Love Never Felt So Good," with Justin Timberlake zoomed 22-9, Michael Jackson makes news again, as his 1983 No. 1 "Billie Jean" returns. The song re-enters at No. 14 thanks to the popularity of a viral video featuring the track.
Billboard.biz


LATIN POP: NOT POPPING

In the past 12 months, only one pop act has reached No. 1 on Billboard's Hot Latin Songs: familiar face Enrique Iglesias, who added three songs to his record 22 chart-toppers. But he did so partly by masking his pop roots: "Loco" is a bachata duet featuring Santos; "El Perdedor," which is No. 4, is a romantic cut with Marco Antonio Solis.
Billboard.biz


IGGY AZALEA TOPS HOT 100 WITH 'FANCY,' MATCHES BEATLES' HISTORIC MARK

The Australian rapper crowns the Billboard Hot 100 with her debut hit "Fancy," featuring Charli XCX (2-1). As Azalea also rises 3-2 as the featured artist on Ariana Grande's "Problem," Azalea joins the Beatles as the only acts to rank at Nos. 1 and 2 simultaneously with their first two Hot 100 hits.
Billboard.biz


HIP-HOP CLUB OWNER FILES DISCRIMINATION LAWSUIT AGAINST CITY OF PORTLAND, OLCC

The owner of the Fontaine Bleau, filed suit yesterday in Multnomah County Circuit Court against the city of Portland and the Oregon Liquor Control Commission for pursuing “a campaign intended to thwart black-owned clubs or clubs that played hip hop and catered to the Black community,” according to a copy of the complaint.
Willamette Week


THE IRANIAN KEROUAC: ALI ESKANDARIAN AND THE GREAT PUNK BEAT NOVEL

Singer Ali Eskandarian was gunned down in New York last year with members of punk band the Yellow Dogs. He had just written Golden Years, an On-the-Road style novel that's now being hailed as a cult classic.
Guardian


STOP THE PRESSES!

  • Britain Has 'Subculture' of 15,000 Vampires, Says University Lecturer (Telegraph)
  • Is That a Vampire-Xenomorph Hybrid or What? (Hitfix)

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