Best Buy

  1. Business Matters: Is EMI Going To Citigroup Sooner Than Later?

    January 10, 2011 12:00 AM EST Is Terra Firma Handing Over EMI to Citigroup Sooner Than Later? -- Terra Firma may hand over EMI to Citigroup within weeks and buyers have been lined up for its recorded music and publishing divisions, according to a weekend report in The Guardian ...

  2. Rap, Non-Traditional Retail Are Bright Spots in Glum 2010 Year-End Numbers

    January 06, 2011 12:00 AM EST While there was plenty of dispiriting news in Nielsen SoundScan's year-end numbers for 2010 , there were a couple of bright spots: For one, rap music made a big comeback last year, driven by the top-selling album of the year, Eminem's &q ...

  3. Sears Holdings Introduces Netflix-Like Service

    December 28, 2010 12:00 AM EST Retail giant Sears Holdings--parent of Sears and Kmart--has tossed its hat into the online video arena with the launch of a new Netflix-like service called Alphaline Entertainment. The service is powered by Sonic Solutions' RoxioNow platform ...

  4. Business Matters: iTunes & Tap Tap Revenge 4 Have Very Merry Christmas

    December 27, 2010 12:00 AM EST iTunes Page Sees Christmas Boost -- The iTunes download page was the eighth most popular web page on Christmas day, as ranked by Alexa.com. That rank is on pace with previous years -- it was No. 7 and No. 8 on Christmas in 2008 and 2009, respectiv ...

  5. Business Matters: Harvard Student Paper Joins Fight Against Piracy

    December 16, 2010 12:00 AM EST Harvard Student Paper Joins Fight Against Piracy -- A staff-written op-ed at The Harvard Crimson, the university's student-run paper, calls for a "sensible compromise" with content owners in the fight against piracy. It seems the Mo ...

  6. Business Matters: Best Buy Shares Sink After Disappointing Earnings Results

    December 14, 2010 12:00 AM EST Best Buy's Comp Store Revenue Drops -- U.S. retail sales fared well in November, but Americans aren't rushing to big screen TVs at big box retailers like they did last year. Best Buy's comp store revenue dropped 5% in the quarter en ...

  7. Amazon, Ebay, Google Going Local

    December 03, 2010 12:00 AM EST Amazon.com and eBay Inc are investing in local Internet services, jumping aboard the increasingly popular and lucrative business of catering to local shoppers and stores. Amazon, the world's largest online retailer, plans to invest $175 milli ...

  8. Taylor Swift Sales Chain By Chain

    November 03, 2010 12:00 AM EDT Music merchants were waiting for a chance to pounce on a proven seller, after a tough year where many albums have not lived up to expectations. In fact, its been two years since they had a million seller in one week, since Lil' Wayne did it b ...

  9. Toby Keith's 'Gun' Fires At No. 1 On Billboard 200

    October 13, 2010 12:00 AM EDT One country superstar follows another as Toby Keith replaces Kenny Chesney atop the Billboard 200 with "Bullets in the Gun" selling 71,000 in its debut week according to Nielsen SoundScan. Chesney's "Hemingway's Whiskey&qu ...

  10. Toby Keith's 'Gun' Fires At No. 1 On Billboard 200

    October 13, 2010 12:00 AM EDT One country superstar follows another as Toby Keith replaces Kenny Chesney atop the Billboard 200 with "Bullets in the Gun" selling 71,000 in its debut week, according to Nielsen SoundScan. Chesney's "Hemingway's Whiskey&q ...

  11. Lil' Wayne To Bundle New Album With 'DefJam Rapstar'

    October 11, 2010 12:00 AM EDT Everyone knows CD sales are down. The solution? Bundle it with a videogame. That seems to be the trend these days, the latest one coming from Lil' Wayne, who has partnered with the makers of "DefJam Rapstar" and Best Buy to give awa ...

  12. BACKBEAT: Bruno Mars, John Legend, and The Roots Perform @Billboard's AMP'D Up!

    October 06, 2010 12:00 AM EDT Billboard.com hosted its AMP’D Up! event Sept. 27 at the Best Buy Theater in New York as part of Advertising Week 2010. The event drew in key players from the entertainment, advertising and technology industries who networked while being entertain ...

  13. Business Matters: Holiday Sales Predictions, Songkick, Best Buy and more

    September 29, 2010 12:00 AM EDT Opinion and analysis of the day's music news. Economic Recovery Slow -- On the economic front, U.S. CEOs say they are less willing to hire new workers out of fear that sales growth with lose steam, according to a Business Roundtable survey. “ ...

  14. Napster Releases iPhone App

    September 20, 2010 12:00 AM EDT Napster now has an iPhone app, allowing subscribers to stream songs to their mobile device. Like the other streaming services, it offers streaming access to its full catalog, cache songs on the device, create playlists and adds an automix feature ...

  15. Business Matters: Terra Firma, Citi, Best Buy, Fee For Radio and more

    September 15, 2010 12:00 AM EDT Opinion and analysis of the day's music news. Terra Firma, Citigroup Head To Court Next Month -- On Tuesday a New York judge ruled that Terra Firma's lawsuit against Citigroup will go to trial next month. The court will hear only two of ...

  16. e5 Global Media's 3-D Festival to Play Times Square

    September 08, 2010 12:00 AM EDT Get your glasses ready. The New York media community will have the opportunity to experience 3-D digital cinema, home entertainment and more at the 3-D Experience: Annual 3-D Entertainment and Technology Festival. The three-day event, held from Se ...

  17. HP, Beats By Dr. Dre Want Digital Audio To Sound Good For A Change

    September 01, 2010 12:00 AM EDT Will today's digital music fans invest in high quality audio the way movie fans shell out for flat screens and home theater systems? Hewlett-Packard, Dr. Dre and Jimmy Iovine believe fans will indeed pay for sound quality. On Wednesday, HP in ...

  18. Business Matters: Live Nation, Terra Firma, eMusic and more

    August 19, 2010 12:00 AM EDT Opinion and analysis of the day's music business news. -- Has Live Nation’s stock bottomed out? After closing at $8.43 on August 11, the company’s shares have inched upward and closed at $9.09 on Wednesday. Before last week, Live Nation had c ...

  19. Business Matters: Simon Cowell, S-Curve, Eminem and more

    August 11, 2010 12:00 AM EDT Opinion and analysis on the day's music business news. Simon Cowell Using SEO To Improve Image? -- Is Simon Cowell using search engine optimization (SEO) to improve his image? From the NY Daily News: “Cowell's U.K. spokeswoman Ann-Marie ...

  20. Chart Moves: Avenged Sevenfold, Usher, Susan Boyle, Taylor Swift

    August 05, 2010 12:00 AM EDT A quick look at the most notable jumps and drops on this week's Billboard 200 albums and Hot 100 singles charts. The Billboard 200: -- Avenged Sevenfold: The rock band's "Nightmare" bumps Eminem's "Recovery" from ...

  21. Carphone Warehouse To Launch U.K. Cloud Music Service

    August 02, 2010 12:00 AM EDT U.K. mobile phone retailer the Carphone Warehouse has partnered with U.S. digital B2B company Catch Media to launch a fully licensed "cloud"-based music service. Entitled "Music Anywhere," the subscription service rolls out in ...

  22. Chart Moves: Eminem, Newsboys, Katy Perry, Court Yard Hounds and more

    July 29, 2010 12:00 AM EDT -- Eminem: The hip-hop king continues his reign at No. 1 on the Billboard 200 as "Recovery" holds atop the list for a fifth week , selling 187,000 according to Nielsen SoundScan. With a slight 4% decline, "Recovery" distances i ...

  23. Avenged Sevenfold Gunning For A Possible No. 1 Debut

    July 28, 2010 12:00 AM EDT Next week on the Billboard 200 albums chart, rock band Avenged Sevenfold is gunning for a possible No. 1 debut with its new album, "Nightmare." Initial sales projections from industry prognosticators suggest that the album could sell in ...

  24. Eminem Still No. 1, Rick Ross Bows at No. 2 on Billboard 200

    July 28, 2010 12:00 AM EDT Eminem makes it five weeks in a row at No. 1 on the Billboard 200 as "Recovery" sells another 187,000 (down just 4%), according to Nielsen SoundScan. Rick Ross' "Teflon Don" arrives in the runner-up spot with 176,000. Ross ...

  25. Eminem's 'Recovery' Reaches Fifth Week At No. 1, Rick Ross Comes In Second

    July 28, 2010 12:00 AM EDT Eminem makes it five weeks in a row at No. 1 on the Billboard 200 as "Recovery" sells another 187,000, according to Nielsen SoundScan . . . Rick Ross' "Teflon Don" drives in at No. 2 with 176,000—the rapper's fourth s ...

  26. Eminem's 'Recovery' Tops Billboard 200 for a Fourth Week

    July 21, 2010 12:00 AM EDT Eminem's "Recovery" album hangs in at No. 1 on the Billboard 200 for a fourth consecutive week, selling 195,000 (down 15%) according to Nielsen SoundScan. It's the first set to notch four straight frames at No. 1 since Susan Bo ...

  27. Time Life Rolls Out Anniversary DVD Sets

    July 21, 2010 12:00 AM EDT Time Life is commemorating two milestone industry anniversaries with the release of two special DVD sets. Arriving Aug. 31, "The Best of Soul Train" three-DVD set celebrates the 40th anniversary of the iconic dance series. It will be fol ...

  28. Eminem Still Tops On Billboard 200, Korn And Newsboys Arrive High

    July 21, 2010 12:00 AM EDT Eminem holds at No. 1 for a fourth week on the Billboard 200 with "Recovery," marking the longest streak atop the list since Susan Boyle's "I Dreamed a Dream" wrapped a six-week run at No. 1 on the Jan. 16 chart . . . Korn ...

  29. Chart Moves: Eminem, Enrique Iglesias, Daughtry, Shakira

    July 15, 2010 12:00 AM EDT -- Eminem: The artist simply refuses to move out of the penthouse on the Billboard 200 as his "Recovery" spends a third week atop the list, shifting 229,000 (down 27%) according to Nielsen SoundScan. Big Boi's solo debut "Sir L ...

  30. Mid-Year Investments Wrap: Download, Streaming Services Lead the Way

    July 14, 2010 12:00 AM EDT There wasn't exactly a windfall of investments flowing to music-related startups in the first half of 2010, but they are still attracting investors' interest. There were 30 investment deals in the first half of 2010, according to Billboa ...

  31. Best Buy Confirms Two More U.K. Stores

    June 23, 2010 12:00 AM EDT Best Buy is busy expanding its U.K. presence after opening its first store here in April. It has confirmed a new store in Derby at Kingsway Retail Park in the autumn, followed by a Nottingham store at the Castle Marina Retail Park in spring/summer ...

  32. Business Matters: Best Buy, Bamajam, LimeWire and more

    June 16, 2010 12:00 AM EDT BEST BUYS LOOKS TOWARD GAMING -- As Billboard already reported, Best Buy shares dropped 6% on weaker-than-expected quarterly profits. The company did not reveal much about music sales, but it did make clear the category was among the losers last q ...

  33. Best Buy Results Disappoint

    June 16, 2010 12:00 AM EDT Best Buy reported lower-than-expected sales and profit, hurt by rising costs of expanding its business and weaker consumer demand, sending its shares down 6%. The top U.S. electronics chain said shoppers proved more tentative in a seasonally weake ...

  34. NARM Welcomes New Board, Officers

    May 16, 2010 12:00 AM EDT The National Assn of Recording Merchandisers presented its new board and officers at the organization's annual convention this morning. Rachelle Friedman, co-owner of J&R Music World , is chairman, Val Cole, director of worldwide sales at ...

  35. Analysis: Subscription Model Takes Another Hit

    May 10, 2010 12:00 AM EDT If music subscription services were easy, everybody would be doing them and millions of Americans would be paying. Numbers from RealNetworks’ latest earnings show subscriptions are still one of music’s greatest paradox: so much potential but so fe ...

  36. Busy Opening For Best Buy U.K.

    May 04, 2010 12:00 AM EDT The first Best Buy has opened in the U.K. and executives reported brisk business at the store in Essex. The 50,000 sq ft store situated in a retail park in Thurrock, approximately 40 minutes' commute from London, opened its doors Friday (Apri ...

  37. Best Buy Unveils First U.K. Store

    April 27, 2010 12:00 AM EDT U.S. retail giant Best Buy has opened the doors to its first U.K. store, marking the start of its ambitious European expansion plans, which it says will see eight to 10 U.K. superstores open in year one and the creation of approx 8,000 British job ...

  38. Justin Bieber Holds At No. 1 On Billboard 200, MGMT Grabs Top Debut

    April 21, 2010 12:00 AM EDT Justin Bieber's "My World 2.0" holds at No. 1 on the Billboard 200 albums chart for a third non-consecutive week with 92,000, and MGMT's second album "Congratulations" is the tally's highest debut, arriving at No ...

  39. MGMT's Top Debut On Billboard 200; Bieber Holds At No. 1

    April 21, 2010 12:00 AM EDT Justin Bieber's "My World 2.0" holds at No. 1 on the Billboard 200 for a third nonconsecutive week with 92,000 according to Nielsen SoundScan . . . MGMT's second album, "Congratulations," is the tally's highest d ...

  40. Q1 2010: Digital Drops, Non-Traditional Sector Rises

    April 07, 2010 12:00 AM EDT With the first quarter of 2010 now completed, the good news for the U.S. music industry is the slowing decline of album sales. And another observation is the emergence of the non-traditional sector as the largest U.S. retail channel, displacing th ...

  41. Analyst: iPad First Day Sales Between 600-700K

    April 05, 2010 12:00 AM EDT The iPad, for now at least, is a hit. In the months between Apple’s unveiling of the new tablet device in January and its retail availability Saturday, there was rampant speculation over whether consumers would take to the device the way is has ot ...

  42. Apple Fans Eagerly Touch and Swipe First iPads

    April 04, 2010 12:00 AM EDT Now that the iPad is in the hands of early adopters, the hard work for Apple Inc. begins. Eager customers intent on being among the first owners of this new class of gadgetry stood in long lines across the country Saturday. They seemed willing to ...

  43. Best Buy's U.K. Bow Due In May

    March 30, 2010 12:00 AM EDT British shoppers -- and suppliers -- will get their first taste of the Best Buy experience this May. The U.S. retail giant has confirmed that its first U.K. store will open in May, in Thurrock, Essex. The actual opening date has yet to be revealed ...

  44. Analysts Bullish On iPad Sales

    March 29, 2010 12:00 AM EDT Apple’s iPad tablet device is shipping April 3 and already it’s looking like another hit for Steve Jobs & Co. Morgan Stanley analyst Katy Huberty in a recent research note expects 8-10 million iPad shipments this year with sales of 6 million. ...

  45. Lady Antebellum Returns to No. 1 On Billboard 200

    March 10, 2010 12:00 AM EST Lady Antebellum's "Need You Now" returns to No. 1 on the Billboard 200 albums chart, bumping Sade's "Soldier of Love" down to No. 2, while six albums debut in the top 10 of the tally, the most since last October. Afte ...

  46. Lady A Returns to No. 1; Blake Shelton Earns Top Debut

    March 10, 2010 12:00 AM EST Lady Antebellum's "Need You Now" returns to No. 1 on the Billboard 200 albums chart, bumping Sade's "Soldier of Love" down to No. 2 ... A whopping six albums debut in the top 10 of the tally, the most since last Octob ...

  47. Napster Japan To Close

    March 05, 2010 12:00 AM EST Napster Japan, a joint venture between the U.S.-based Napster and Tower Records Japan, will shut on May 31, drawing to a close the first digital music subscription service in Japan. Napster Japan released the information on its Web site, saying th ...

  48. Blake Shelton's 'Bone' To Debut Big On Billboard 200

    March 04, 2010 12:00 AM EST The highest debut on the Billboard 200 next week will likely come from country singer Blake Shelton, as industry observers suggest his new "Hillbilly Bone" may sell in the range of 60,000 to 75,000 by week's end on Sunday, March 7. ...

  49. Sade Clocks Third Week at No. 1 on Billboard 200

    March 03, 2010 12:00 AM EST There's no stopping the Sade party as the group's "Soldier of Love" retains the top slot on the Billboard 200 for a third straight week. The album sold 127,000 (down 34%), according to Nielsen SoundScan. In the runner-up slot, ...

  50. Third Week at No. 1 on Billboard 200 for Sade

    March 03, 2010 12:00 AM EST There's no stopping the Sade party at No. 1 as the group's "Soldier of Love" retains the top slot on the Billboard 200 for a third straight week ... Lady Antebellum's "Need You Now" spends its third week at No. 2 ...

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