Business

  1. Meek Mill, Rod Stewart Albums Headed for Top 10 on Next Week's Billboard 200 Chart

    November 02, 2012 8:30 PM EDT As previously reported , rapper Meek Mill and pop veteran Rod Stewart are both aiming for top 10 debuts on the Billboard 200 albums chart next week. Industry sources suggest that the former's "Dreams & Nightmares" is on course t ...

  2. Entravision Names New Management Structure

    November 02, 2012 3:57 PM EDT Entravision Communications Corporation, the largest affiliate group of the Univision television network and Univision's TeleFutura network -- and operator of one of the country's largest groups of Spanish language radio stations -- has a ...

  3. Clear Channel Parent Posts Improved Third-Quarter Results

    November 02, 2012 11:28 AM EDT CC Media Holdings, the parent company of radio giant Clear Channel Communications, on Friday reported slightly higher first-quarter revenue and a narrowed loss. Billboard's FutureSound Conference, takes place November 15-16 in San Francisco. ...

  4. Scott Seviour Named Epic Records' EVP Marketing and Artist Development

    November 02, 2012 11:04 AM EDT Epic Records has named Scott Seviourexecutive vice president of marketing and artist development. In his new role, based out of Sony Music's New York headquarters, Seviour will oversee all of Epic's marketing efforts as well as brand par ...

  5. Adam White, Universal International VP and Billboard Vet, Retires

    November 01, 2012 4:12 PM EDT Universal Music Group International announced today that VP of communications Adam White is to retire after 10 years with the company. White, 64, joined Universal in 2002 from Billboard, where he had been international editor-in-chief, based in Lo ...

  6. Hurricane Sandy Relief: iTunes, ebay, Other Ways to Donate

    November 01, 2012 3:55 PM EDT There are multiple ways you can donate to Hurricane Sandy relief efforts: As it did in the wake of the Haiti earthquake and the tsunami in Japan, iTunes has launched an easy-to-use donation page (just look for the Red Cross logo on the iTunes stor ...

  7. SiriusXM CEO Karmazin Calls Internet Radio 'Race to the Bottom' on Earnings Call

    November 01, 2012 10:46 AM EDT Outgoing SiriusXM CEO Mel Karmazin slammed the business model behind personalized Internet radio services during an otherwise upbeat third-quarter earnings call Thursday. While advertising-based Internet radio company Pandora has yet to turn a pro ...

  8. Morning Fix: Hurricane Sandy Benefit Concert on NBC; Taylor Swift: Week Two; Sony's Earnings

    November 01, 2012 9:00 AM EDT Head HERE to subscribe to Billboard's Morning Fix and our other free music-business newsletters SPRINGSTEEN, BON JOVI, BILLY JOEL TO PLAY NBC SANDY BENEFIT CONCERT: NBC is doing a benefit concert for victims of Hurricane Sandy featuring some ...

  9. Apple Delays iTunes 11 Release Until November to 'Get it Right'

    October 30, 2012 7:40 PM EDT In an unusual move to postpone a previously announced product launch, Apple on Tuesday said it would not release its new iTunes software until November, a month after the company had earlier promised to deliver the update. Billboard's FutureS ...

  10. Pandora's Weekly Cume Nearly 27 Million

    October 30, 2012 3:41 PM EDT Pandora announced Monday that its September 2012 weekly cume, the radio industry term for cumulative audience, in the 18 to 49 demographic grew 6% to 26.9 million from 25.3 million in June, as measured by Triton Digital. New York and Los Angeles a ...

  11. Is Microsoft Putting Ad-Free Pandora on Windows Phone 8?

    October 30, 2012 1:45 PM EDT Microsoft's Windows Phone 8 released Monday What do you do if you have a lot of money from owning the entire desktop computer market for decades, but people don't buy as many if your phones as you wish they would? Billboard's Future ...

  12. Tokyo International Music Market Attracts Labels, Publishers, Search For Next PSY

    October 30, 2012 10:30 AM EDT Now in it's 9th year the Tokyo International Music Market (TIMM) has been integrated into the larger CoFesta, or Japan's general entertainment content fair, for the last six editions. This year, for the first time, the event was held at ...

  13. Morning Fix: Hurricane Sandy Hits Concert Biz; UMG-EMI Nashville Restructuring; Google Play Gets WMG

    October 30, 2012 8:35 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters HURRICANE SANDY TO COST CONCERT BIZ MILLIONS: With live events being cancelled or postponed as Hurricane Sandy pounds the Eastern Seaboard and beyond, stakeholders in the l ...

  14. Songwriters Are Left Out of Pandora's Royalty Plan: Guest Post by Downtown Music's Justin Kalifowitz

    October 29, 2012 1:00 PM EDT Pandora's efforts to lower its royalty rates have inspired conversation and controversy in recent weeks. This editorial by Justin Kalifowitz -- president of Downtown Music Publishing and co-founder / CEO of Songtrust , a royalty collection pl ...

  15. Hurricane Sandy to Cost Live-Entertainment Business Millions in Lost Profits, Expenses

    October 29, 2012 12:20 PM EDT With an ever-increasing number of live events being cancelled or postponed as Hurricane Sandy nears the Eastern Seaboard, stakeholders in the live entertainment industry are reviewing their insurance policies and contemplating big losses in market ...

  16. Michael Paull Leaves Sony Music, Takes New Role at Amazon

    October 27, 2012 9:23 PM EDT Michael Paull, EVP of Sony Music's global digital business, has left the company for Amazon, a source confirmed to Billboard.biz. The source said Paull has already left the company and added that the parting was amicable. A report in All Thin ...

  17. Business Matters: Apple Events Have Dropped Pandora Shares Only 6% This Year

    October 26, 2012 7:09 PM EDT It may be hard to believe, but Apple news has not really had much of an impact on Pandora's share price. People may remember the impact from two reports about Apple's plans to launch an Internet radio service. But they could be less like ...

  18. Business Matters: Music Quietly Vital at Apple

    October 25, 2012 9:04 PM EDT Although it was barely mentioned during Apple's fiscal fourth quarter earnings call on Thursday, music is still playing important role in Apple's strategies. Apple said it was "looking forward to launching" the redesigned iTune ...

  19. Apple Radio Service Rumors Crush Pandora Stock

    October 25, 2012 7:59 PM EDT Pity poor Pandora. The Internet radio company's stock price has been getting whiplashed by news of Apple's progress, or lack thereof, in launching a streaming radio service. On Thursday, a Bloomberg report that Apple is on track to go li ...

  20. Ben Vaughn Named Warner/Chappell's Nashville EVP

    October 25, 2012 3:06 PM EDT Warner/Chappell Music has appointed Ben Vaughn - an intern for the company at the beginning of his career - to the newly-created position of Executive Vice President of its Nashville office, the company has announced in a statement. Shortly after ...

  21. Musicians Hoping to Place Music in Films, TV, Advertising Get Solid Advice at Billboard/THR Conference

    October 24, 2012 6:16 PM EDT (L-R): Jordan Passman, Founder, scoreAscore; J.T. Griffith, Music Supervisor, Nike; and Josh Rabinowitz, SVP/Director of Music, Grey Worldwide hang out before their panel begins.(Photo: Arnold Turner) In the film and TV world, anyone looking to pl ...

  22. Is Taylor Swift's 'Red' iTunes Exclusive a Play to Prevent Deep Discounting?

    October 23, 2012 8:00 PM EDT In a possible attempt to ensure that Google Play and Amazon don't use Taylor Swift's just-released Red album as a loss leader priced below $3.49, Big Machine Records has not serviced the album to those stores, a source confirmed to Billb ...

  23. Mel Karmazin to Step Down From SiriusXM

    October 23, 2012 4:41 PM EDT SiriusXM Radio today announced that Mel Karmazin told its board of directors that he will be leaving the company on February 1, 2013, according to multiple media outlets . He will also leave the company's board on that date. Karmazin's d ...

  24. Eventbrite Shows Social Media Growth

    October 23, 2012 11:39 AM EDT Ticketing service Eventbrite has released a report that shows how social commerce has evolved over the last two years. Both dollars per share and visits per share have increased considerably over the last two years. And while Twitter generates mor ...

  25. Morning Fix: Rara Expands; Today's Apple Event; Bertelsmann, KKR & EMI; ATP Merger

    October 23, 2012 7:36 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters RARA ADDS IOS, EXPANDS MUSIC CATALOG, PARTNERS WITH LENOVO: On-demand subscription music company Rara has launched its service on Apple's iPad and iPhones , as well de ...

  26. Rara Adds iOS Support, Expands Music Catalog and Partners with Lenovo

    October 23, 2012 5:00 AM EDT Rara, an on-demand subscription music company based in the U.K., has launched its service on Apple's iPad and iPhones, as well devices running Microsoft's Windows 8 operating system. Billboard's FutureSound Conference, takes place N ...

  27. Business Matters: Mobile Phone Study Brings Both Good and Bad News for Digital Music Services

    October 22, 2012 6:30 PM EDT Nearly half of the world's population has a mobile-phone subscription, according to a new study. The bad news? Just a fraction of those people can subscribe to the music services of Western markets. The world's mobile phone population is ...

  28. Roger Faxon Joining Board of British TV Network ITV

    October 22, 2012 1:23 PM EDT Roger Faxon, former CEO of EMI Group Ltd, is joining the board of the UK's Independent Television Authority (ITV) as a non-executive director effective Oct. 31 2012, according to a release sent out by the network. "Roger will bring to th ...

  29. The Orchard's Richard Gottehrer on CMJ's New Music Industry Panel: 'The Business Is An Amalgam of Different Revenue Streams'

    October 21, 2012 11:15 AM EDT CMJ Panel Action Shot: The "Seasoned Experience Implemented in New Music Industry" panel (from left): The Orchard's Richard Gotterher; moderator Robert Singerman; Mom + Pop's Michael Goldstone. (Photo: Chris Palermino) The latt ...

  30. Bubbling Under: Madeon Charts Ahead of Lady Gaga Tour; Also, Willy Moon, Granger Smith, Bridget Kelly

    October 19, 2012 12:05 PM EDT Each Friday, Billboard presents "Bubbling Under," a weekly look at new and noteworthy acts making their way toward Billboard chart success. Up this week: Madeon, Willy Moon, Granger Smith and Bridget Kelly Madeon Ranked by Billboard.com ...

  31. Larry Miller Joins MediaNet

    October 19, 2012 10:35 AM EDT Veteran music executive Larry Miller has joined MediaNet as executive VP and GM. In his new position, Miller will be responsible for new service innovation in music and media rights management, partner acquisition, and revenue growth for the compa ...

  32. Canadian Regulators Deny BCE's $3.4 Billion Bid To Purchase Astral Media

    October 19, 2012 6:30 AM EDT The Canadian Radio-television and Telecommunications Commission (CRTC) gave its decision late yesterday afternoon (Oct. 18) to deny BCE's bid to purchase Astral Media for $3.4 billion (U.S. $3.45 billion). The CRTC, a public organization that ...

  33. Backbeat: Trans World's Annual Convention in Saratoga Springs, Recognizes RED, Republic, Sony Music

    October 18, 2012 11:41 PM EDT At Trans World annual convention in Saratgoga Springs N.Y. last month, chairman and CEO Bob Higgins said that after spending the last few years executing a turn around that saw the chain to profitability last year, now it can spend some time impro ...

  34. Business Matters: A Crash Course on Google's Priorities

    October 18, 2012 9:39 PM EDT An earnings call that had been scooped earlier in the day by an erroneously sent earnings release -- Google shares dipped 9% as a result -- actually had a little bit of value to people other than equity analysts. Google senior VP and chief busines ...

  35. 7digital Snags $10 million in Funding, Inks New Deal for BlackBerry 10

    October 18, 2012 9:22 PM EDT digital, a London-based technology company that operates digital music stores and services for companies like Samsung and Hewlett-Packard, said on Thursday it had secured $10 million in financing from undisclosed corporate investors. Billboard� ...

  36. Google CEO Larry Page Calls PSY's 'Gangnam Style' a Glimpse of 'The Future'

    October 18, 2012 7:19 PM EDT To millions of people worldwide, "Gangnam Style" is a raging YouTube meme that continues to gather momentum. But to Larry Page, the chief executive of Google Inc., it was "the future." Page, in addressing Wall Street analysts o ...

  37. CAA, India's KWAN Announce Joint Venture

    October 18, 2012 3:52 PM EDT Creative Artists Agency (CAA) and India-based talent agency KWAN Entertainment & Marketing Solutions have formed a joint venture to represent local talent in India. Based in Mumbai, CAA KWAN will focus in areas around film and television, musi ...

  38. Akinah Rahmaan Named Island Def Jam VP of Marketing

    October 17, 2012 5:00 PM EDT The Island Def Jam Music Group announced today (Oct. 17) that Akinah Rahmaan will step up and fill the role of Vice President of Marketing. Senior Vice President of Marketing Chris Atlas, to whom Rahmaan will report directly, stated that she will ...

  39. Warner Music Refinances for Lower Debt Payments

    October 17, 2012 11:42 AM EDT Warner Music Group is refinancing part of the $2.21 billion in debt that Len Blavatnik's Access Industries used to finance its acquisition in 2011, according to a regulatory filing . The world's third-largest music company kicked off a t ...

  40. Spotify Exec Gerrit Meier Leaves

    October 17, 2012 11:33 AM EDT Gerrit Meier has left Spotify after joining in October 2011 to become its General Manager, Distribution & Partnerships, a company spokesperson confirmed Wednesday. The news was first reported at All Things D . Billboard's FutureSound Conf ...

  41. Warner Music Group Expects Improved Revenues In Q4

    October 16, 2012 10:02 PM EDT When the Warner Music Group (WMG) reports its financials for the three-month period ended Sept. 30, the company expects revenue to total $721 million to $741 million, an improvement over the $719 million reported in the corresponding period for th ...

  42. Beats By Dre Debuts First Post-Monster Cable Products

    October 16, 2012 11:30 AM EDT Beats president Luke Wood Beats Electronics is going for a solo performance this holiday. The Santa Monica, Calif.-based purveyor of high-end Beats by Dre audio gear is introducing on Tuesday its first set of products created on its own, without t ...

  43. Michael S. Simon Named President/CEO Of Harry Fox Agency

    October 15, 2012 6:52 PM EDT Michael S. Simon has been promoted to president and CEO for the Harry Fox Agency, succeeding Gary Churgin, who is leaving the company. Simon, previously the organization's senior VP of business affairs/ general counsel/chief strategic officer ...

  44. Mumford Takes Deluxe High Ground

    October 15, 2012 8:46 AM EDT 'Babel' sales show deluxe digital albums outselling standard on iTunes, but discounting has key role. Mumford & Sons' "Babel" is doing more than putting big numbers up on the board: It's also proving that if you ...

  45. Op-Ed: Cutting But Not Running

    October 15, 2012 8:29 AM EDT During the past few weeks, there has been a great deal of chatter about Sony/ATV and EMI Music Publishing's decision to withdraw certain digital rights from ASCAP and BMI. Since some of the facts have been distorted by nonauthoritative sour ...

  46. John Malone is Quite The Risk Taker

    October 15, 2012 8:27 AM EDT The billionaire might be making more music investments like AEG. John Malone, the billionaire investor most responsible for cable TV's presence in more than 100 million U.S. homes today, is doubling down on his two music-led investments and ...

  47. Redbox Gets The Ticket

    October 15, 2012 6:18 AM EDT DVD rental specialist diversifies, bringing ticketing to where consumers spend their time and money: the local store. Redbox, with its ubiquitous DVD rental kiosks, is entering the ticketing game, beginning in Philadelphia with tickets available ...

  48. Wixen Widens Its Scope

    October 15, 2012 6:15 AM EDT Family-run forensic publishing rights specialist is offering new services for its wide array of clients Wixen Music Publishing, known for its forensic ability to find monies due, now wants to be known for generating incremental income too. The c ...

  49. Business Matters: Loudbytes Brings the Short Tail Model to Digital Music

    October 12, 2012 5:41 PM EDT An innovative technology is bringing digital distribution to brick-and-mortar retailers in a way that works seamlessly with brands and promotions. If you're thinking of kiosks that burn files to CDs or download them to thumb drives, you' ...

  50. Spotify Planning Launches in Italy, Poland and (Reportedly) Japan: What Are the Challenges?

    October 12, 2012 1:31 PM EDT Spotify is planning launches in Italy and Poland, judging from job postings at its web site, and according to a report Friday it's considering a launch in Japan in early 2013. The company has recently posted job openings for growth managers i ...

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