Business

  1. Morning Fix: Jenni Rivera Memorial; Glassnote Being Courted; New SiriusXM CEO's Challenges; 2012's Best Start-ups

    December 20, 2012 7:45 AM EST Subscribe to Billboard's free Morning Fix email and other music-business newsletter HERE JENNI RIVERA HONORED BY FANS AND STARS IN EMOTIONAL MEMORIAL: The memorial commemorating the life of Jenni Rivera was as dramatic and colorful as the art ...

  2. Video Game Company THQ Files for Bankruptcy, Up for Sale

    December 19, 2012 11:45 PM EST THQ Inc., a video game company that licenses several of Hollywood's TV and movie properties, filed for bankruptcy on Wednesday and said it will sell its business. Wednesday's revelation sent THQ's stock 74 percent lower on volume th ...

  3. Business Matters: New Sirius XM CEO to Face New Set of Challenges

    December 19, 2012 9:00 PM EST It's a new era for Sirius XM Radio. The company announced Wednesday that James E. Meyer has been named company's interim CEO , effective immediately. Meyer, the president of sales and operations, takes over for Mel Karmazin, who had prev ...

  4. Deezer Reaches 3 Million Subscribers, Launches Free Service, Adds Features

    December 19, 2012 5:59 PM EST The subscription marketplace is looking more and more like a two-horse race. French subscription service Deezer is launching a free, ad-supported version of its music service in more than 150 countries Thursday (Wednesday in the U.S.) and a host o ...

  5. Jim Meyer Appointed Interim CEO of SiriusXM, Mel Karmazin Officially Steps Down

    December 19, 2012 9:48 AM EST SiriusXM Radio today named James E. Meyer Chief Executive Officer, on an interim basis effective immediately following the announced departure of Mel Karmazin. Mr. Meyer, who was SiriusXM's President of Sales and Operations, will also join th ...

  6. Business Matters: The Good and Bad of Nielsen's Acquisition of Arbitron

    December 18, 2012 9:30 PM EST Nielsen, the company best known in the music industry for tracking music sales, will soon measure just about every bit of major media Americans consume. Announced Tuesday morning, the $1.26 billion acquisition of Arbitron combines the leader in U. ...

  7. What Does Nielsen's Purchase of Arbitron Mean for Mediabase?

    December 18, 2012 5:30 PM EST One interesting sub-plot to the announcement that Nielsen is purchasing of the radio ratings company Arbitron could involve RCS/Media Monitor's Mediabase service, which monitors the music played on radio stations in cities across the U.S. and ...

  8. Google Launches Free Licensed Scan-And-Match Music Locker in U.S.

    December 18, 2012 4:12 PM EST Google, which launched its scan-and-match locker service in Europe in November, today (Dec. 18) introduced the service in the U.S., having secured the necessary copyrights to do so from the three major labels, as well as some independent music lab ...

  9. A2IM Extends U.S. Commerce Dept Funding For Indies To Attend MIDEM 2013

    December 18, 2012 1:57 PM EST The American Association of Independent Music (A2IM) has extended its offer of financial assistance to indie labels attending next year's MIDEM music conference, taking place in Cannes, France, Jan. 26-29. The offer was originally due to expi ...

  10. Nielsen to Acquire Arbitron for $1.26 Billion

    December 18, 2012 8:45 AM EST Nielsen Holdings announced Tuesday it has signed an agreement to acquire Arbitron Inc., the media measurement company best known for its radio station ratings. Nielsen provides information on everything from music sales to consumer confidence in c ...

  11. Business Matters: What Sirius XM's New Statutory Rates Mean for Labels, Artists

    December 17, 2012 6:38 PM EST The Copyright Royalty Board established new rates for satellite radio on Friday for the years 2013 through 2017. The rates are based on Sirius XM's revenue, so the faster Sirius XM grows its revenue, the more revenue will be paid to record la ...

  12. Apollo Global Management Invests In HMV, Eyes Possible Takeover: Report

    December 17, 2012 9:57 AM EST New York-based investment group Apollo Global Management has bought a 10% holding in struggling U.K. music retailer HMV, with a possible view to acquiring the company, according to reports. . Apollo Global Management -- commonly referred to as a v ...

  13. Morning Fix: Arthur Fogel Re-Ups With Live Nation; Rolling Stones' 'Final' Show; Apollo Global and HMV

    December 17, 2012 9:03 AM EST Head HERE to subscribe to Billboard's free Morning Fix email and our other free music-business newsletters ARTHUR FOGEL RE-UPS WITH LIVE NATION: Arthur Fogel has re-upped with Live Nation for a new five-year deal to continue his role as the C ...

  14. '12-12-12' Album Pre-Orders Grow to 50,000

    December 14, 2012 7:50 PM EST The pre-orders continue to come in for the "12-12-12 The Concert for Sandy Relief" album. iTunes' pre-orders for the set numbered around 50,000 through the close of business on Dec. 13, according to industry sources. '12-12-1 ...

  15. Sirius XM Will Pay More for Music Through 2017 (Updated)

    December 14, 2012 6:08 PM EST Sirius XM will be paying a bit more to play music for the next five years. The Copyright Royalty Board (CRB) announced Friday new statutory royalty rates for satellite radio that cover 2013 through 2017. The CRB set the statutory royalty rates for ...

  16. Business Matters: Five Reasons Why Dropbox's Acquisition of Audiogalaxy Could Be a Big Deal

    December 14, 2012 2:11 PM EST Google, Amazon and Apple may soon get more competition in the cloud music space. Audiogalaxy, a second-tier music hosting and streaming service, announced this week it has been acquired by file hosting service Dropbox. Started in 1998 as a file-sh ...

  17. Morning Fix: Billboard.biz's Year in Music; L.A. Reid's 'X Factor' Legacy; 12-12-12 Album Sales

    December 14, 2012 9:25 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters THE YEAR IN MUSIC 2012: It's been another exciting and tumultuous year in the music business. In our year-end package, we take a look b ...

  18. Deals to Watch in 2013: AEG, Live Nation, EMI Divestments, More

    December 14, 2012 7:00 AM EST As the year comes to a close, some big deals are still up in the air; and others appear to be waiting in the wings. • The auction for AEG, Anschutz Entertainment Group, which owns more than 100 arenas including Los Angeles' Staples Center and ...

  19. Warner Music Bullish on Downloads, Subscriptions as Digital Revenue Grows

    December 13, 2012 9:00 PM EST Warner Music Group believes digital music is helping bring growth back to the music business. The company's fiscal year-end numbers show it has benefitted from the surge in subscription services, growth in Internet radio and the continued ris ...

  20. Warner Music's Revenue, Digital Sales Up in Fiscal Fourth Quarter

    December 13, 2012 8:30 AM EST Warner Music Group on Thursday posted a rise in revenue and narrower losses for its September quarter. The company also reported a rise in both its physical and digital recorded music. "We had a very productive year," said CEO Stephen Co ...

  21. The MUSIC Act Aims to Help Independent Labels in U.S.

    December 12, 2012 7:45 PM EST Congressman Jerrold Nadler (D-NY) introduced legislation Wednesday that would make it easier for U.S. independent music labels to access the global marketplace. The Making United States Independents Competitive (MUSIC) Act aims to help small label ...

  22. Muzooka Launches Platform Connecting Artists, Producers; Promises Artists Can Keep 100% of Revenue

    December 12, 2012 7:22 AM EST Muzooka, the latest start-up to tackle the crowded market for digital artist services, launched today with an unusual promise to let artists keep 100% of the revenue from songs they sell by using the service. Based in Marin, Calif., Muzooka aims t ...

  23. Pandora Expands Beyond U.S. for First Time, Launches in Australia, New Zealand

    December 10, 2012 8:01 PM EST Pandora Media on Monday officially expanded outside of its home territory in the United States, bringing its streaming radio service to Australia and New Zealand. The Oakland, Calif.-based Internet radio company announced in a filing with the Secu ...

  24. Two Days Before Deal Expires, Vevo and YouTube Far From Agreement

    December 07, 2012 5:44 PM EST With less than two days before YouTube's deal with Vevo expires on Sunday, the two companies are still far from an agreement, according to a source knowledgeable with the negotiations. But because the contract has a 120-day automatic extensio ...

  25. Layoffs Hit Major-Market Clear Channel Stations

    December 07, 2012 4:54 PM EST Clear Channel Media and Entertainment is going through another round of layoffs, this time with cuts taking place at many of the company's major market clusters. According to reports, the cuts have effected stations in Los Angeles, Dallas, Mi ...

  26. Morning Fix: WBR's Moscowitz Steps Down; Scooter Braun on Bieber Snub, Jets; Rick Ross' Gang Problem

    December 07, 2012 8:34 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters TODD MOSCOWITZ STEPS DOWN FROM WARNER BROS. RECORDS, CAMERON STRANG TAKES OVER: One month after adding Rhino Records to his portfolio of res ...

  27. Todd Moscowitz Steps Down From Warner Bros., Cameron Strang New Label Head

    December 06, 2012 4:59 PM EST One month after adding Rhino Records to his portfolio of responsibilities, Warner/Chappell Music chairman and CEO Cameron Strang is now adding the Warner Bros. Records label. Strang is replacing president/CEO Todd Moscowitz, who has resigned, the ...

  28. Concord Music Being Shopped to Private-Equity Firms, Not Strategic Suitors

    December 05, 2012 8:27 PM EST Reports that the Concord Music Group is up for sale are true, knowledgeable sources say. But there is one key factor that appears to have been overlooked thus far: management is controlling the company's sale process so far. Consequently, Con ...

  29. Morning Fix: Live Nation Going to Russia; Pandora Stocks Plummet; UMG/EMI Outline Germany Plans

    December 05, 2012 8:45 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters LIVE NATION EXPANDING TO RUSSIA: Like Apple iTunes , Live Nation Entertainment has announced it plans to expand operations to the Russian li ...

  30. Pandora Shares Plummet on Sour Fourth-Quarter Forecast

    December 04, 2012 5:49 PM EST Investors pushed the panic button on Pandora Media Inc.'s shares on Tuesday immediately after the Internet radio company released a disappointing fourth-quarter financial forecast that triggered a 21% slide in its stock price. The Oakland, Ca ...

  31. Tr3s Names Maria Badillo Vice President of Programming and Production

    December 04, 2012 5:35 PM EST Maria Badillo has been named vice president of programming and production for cable network Tr3s, according to a spokesperson for Viacom International Media Networks/the Americas. In her new role, Badillo will oversee the company's programmin ...

  32. Video: Donald Passman on 'All You Need to Know About the Music Business,' and Digital Advice for New Artists

    December 04, 2012 3:58 PM EST For more than two decades, Don Passman has watched a number of business models come and go as he built up a legal practice guiding artists through an ever-changing thicket of licensing deals and other contractual arrangements. Passman, who represe ...

  33. Kathy Willard

    November 30, 2012 12:59 PM EST Executive VP/CFO, Live Nation Entertainment Watching The Books As executive VP/CFO of Live Nation Entertainment, Kathy Willard runs the books of the world's largest live entertainment promoter, ticketing leader and artist management company - ...

  34. Jody Gerson

    November 30, 2012 12:52 PM EST Co-president, Sony/ATV Music Publishing Merger Management One of the first major initiatives to follow the Sony/ATV-EMI merger was a gathering in Miami of songwriters from both publishing companies to begin work on Enrique Iglesias' next albu ...

  35. Julie Swidler

    November 29, 2012 3:29 PM EST Executive VP of Business Affairs/General Counsel, Sony Music Entertainment Creative Deal Making As Sony Music executive VP of business affairs/general counsel, Julie Swidler is tight-lipped by trade. "I'm always embarrassed when I'm ...

  36. Songwriter Organizations Pen Letter to Congress Opposing Internet Radio Fairness Act

    November 28, 2012 9:32 PM EST In conjunction with the House Intellectual Property Subcommittee hearing on music licensing reform held Wednesday, four songwriter organizations collectively wrote a letter to Congress opposing the Internet Radio Fairness Act. Radio Broadcasters G ...

  37. Vevo: We've Paid Artists $200 Million Since 2009

    November 28, 2012 9:10 PM EST Vevo announced Tuesday at the Business Inside: Ignition Conference in New York City that the company has paid back $200 million in revenue back to the music industry since being founded in 2009, a figure it touted as higher than any other music-vi ...

  38. EMI Publishing Catalog Down to Four Suitors, One Bid Outstanding

    November 28, 2012 8:20 PM EST With one bid still outstanding, the auction to sell off a portion of EMI's publishing catalog is now down to four suitors. According to sources, those still in contention to buy the portfolio of songs -- dubbed the Rosetta catalog, which cont ...

  39. Lynn Hazan

    November 28, 2012 7:11 PM EST GM/CFO, Epic Records Getting Hits to Market Since joining Epic Records in January as GM/CFO, Lynn Hazan has spearheaded efforts at the label to staff up to support some 40 new artist signings, as well as the company's existing roster, under t ...

  40. Anjula Acharia-Bath

    November 28, 2012 7:04 PM EST CEO, Desi Hits Crossing Cultures Desi Hits CEO Anjula Acharia-Bath has built her career on bridging the pop culture gap between Bollywood and Hollywood. Following an initial stint as co-founder of search firm Merchant McKenzie, the U.K.-raised ent ...

  41. Zahavah Levine

    November 28, 2012 5:21 PM EST Director of content partnerships, Google Play/Android (Photo: Annie Tritt) Work And Play Zahavah Levine, director of content partnerships at Google Play/Android, has long been at the forefront of new digital business models. Early on, she helped R ...

  42. Updated: Layoffs, New Appointments at Universal-EMI Canada

    November 28, 2012 4:25 PM EST Layoffs took place this week at EMI Music Canada and Universal Music Canada in the wake of the approval of Universal's purchase of EMI in September. The number of people let go was unconfirmed at press time, but a source told Billboard.biz th ...

  43. Jackie Wilgar

    November 28, 2012 2:45 PM EST Executive VP of marketing, Live Nation Entertainment Spinning Turnstiles Live Nation Entertainment executive VP of marketing Jackie Wilgar does what great marketers do in the live business: sell more tickets. During the summer, Live Nation says Wi ...

  44. Amanda Marks

    November 28, 2012 1:05 PM EST Global head of digital accounts, Universal Music Group Taking Digital Global Amanda Marks, global head of digital accounts for Universal Music Group, is an early record-label innovator in the digital space and, today, the highest-ranking major-lab ...

  45. Joe Riccitelli Named EVP/GM of RCA Records

    November 28, 2012 12:08 PM EST Joe Riccitelli has been named executive vice president/GM of RCA Records, the label announced today. He was previously EVP, Promotion, RCA Records. Riccitelli will now oversee the Music Licensing and Brand Partnership departments which will contin ...

  46. Fred Wilson On Investing In Music Start-Ups, Changing Dynamic Between Labels and Artists, Running UMG (Video)

    November 28, 2012 11:31 AM EST Investor Fred Wilson (@fredwilson) loves music but he's still "relatively cautious" about investing in it, he said during his keynote Q&A at Billboard's FutureSound Conference with Billboard Editorial director Bill Werde (@ ...

  47. Ultra Music's YouTube Channel Hits 1 Million Subscribers, Moxey Calls Video Streaming 'Serious Revenue Source'

    November 28, 2012 8:00 AM EST Dance-music powerhouse Ultra Music will announce later today that its YouTube channel has reached 1 million subscribers, making it the No. 1 independent label channel on the site, and No. 11 channel overall. The milestone comes on the heels of the ...

  48. Ketchum Launches Music Division, Ketchum Sounds, With Snoop Dogg, One Direction Deals

    November 27, 2012 7:04 PM EST PR agency Ketchum has launched a music-marketing division, Ketchum Sounds, to be headed by Marcus Peterzell, executive VP of entertainment for Ketchum Sports & Entertainment. With expertise in brand strategy, tour sponsorship and activation, m ...

  49. Internet Radio Fairness Act Would Spur Innovation: Guest Post by AccuRadio's Kurt Hanson

    November 27, 2012 4:43 PM EST As the House Judiciary Subcommittee on Intellectual Property, Competition and the Internet prepares for tomorrow's hearing on music licensing, the debate within the music community has rapidly gained momentum. Following a related post by Down ...

  50. Nokia Music to Premiere Six Films Focusing on U.S. Cities' Music Scenes

    November 26, 2012 1:15 PM EST Nokia Entertainment vice president Jyrki Rosenberg (left) and Sundance Partnerships vice president Lee Sparer in West Hollywood, Calif. Nokia Music is producing a series of six short films about music scenes in six U.S. cities that will air on the ...

Pages