Economy of New York City

  1. SBS Gets Another Shot With NASDAQ

    October 31, 2008 12:00 AM EDT Citing "extraordinary market conditions," Spanish Broadcasting System announced that NASDAQ won't be delisting SBS from its exchange for the time being. SBS, along with other companies, had been warned they would be taken off the NA ...

  2. AOL, Amex Back Tour Tracker

    July 22, 2008 12:00 AM EDT America Online and American Express have joined forces to present Tour Tracker , a Web site that lets fans track the tour dates of various acts, and provides links to buy tickets. The site is hosted by AOL Music, and sponsored by Amex, which is al ...

  3. Brands Jump on Summer Tours

    April 01, 2008 12:00 AM EDT It's been 20 years since Neil Young famously declared that he wouldn't sing for Miller or Bud. These days, most rockers are singing a different tune as the concert sponsorship business has skyrocketed. While media segments like newspaper ...

  4. CBS, AOL Combine Online Radio Networks

    March 07, 2008 12:00 AM EST The No. 2 U.S. radio broadcaster CBS Radio said on Friday it will combine its more than 150 online radio stations with AOL's more than 200 online stations. CBS Radio, a division of CBS Corp, will take over advertising sales, the companies sai ...

  5. MusicChoice Sues MTV

    March 04, 2008 12:00 AM EST MusicChoice has filed suit against MTV Networks and its parent company Viacom over the URGE Radio service. According to the suit, filed today in a Delaware U.S. district court, MusicChoice says MTV’s URGE Radio service violates two MusicChoice pat ...

  6. Glorioso Promoted At MTV

    February 26, 2008 12:00 AM EST Christina Glorioso has been named to the newly created position of VP of sales and marketing partnerships for program enterprises at MTV Networks Music & Logo Group. She reports to Jeff Yapp, executive VP of the group, and will be based in New ...

  7. Live Nation Takes It To The Bank

    February 15, 2008 12:00 AM EST Live Nation's new marketing alliance with Citi could herald a wealth of mega-deals to come. The Citi deal (billboard.biz, Feb. 13) is the first to fully leverage the live entertainment giant's evolving, multifaceted music platform. The r ...

  8. Balderton Capital Invests In Kobalt

    February 05, 2008 12:00 AM EST European venture firm Balderton Capital has invested $16 million in Kobalt Music Group. As part of the deal, the firm now holds a minority stake in the publishing company, and Balderton Capital partner Tim Bunting joins the Kobalt executive board. ...

  9. Trans World Receives Buyout Offer

    November 29, 2007 12:00 AM EST Sherwood Investment Overseas Ltd. has proposed paying $7 per share, or $217 million, to buyout Trans World Entertainment, the Zurich-based financial firm says. The company, which says it holds 1.5 million Trans World shares, says it is in the proc ...

  10. Redstone: Ads Will Pay The Way

    November 08, 2007 12:00 AM EST Viacom executive chairman and founder Sumner Redstone kicked off day two of the Media and Money conference in New York City today by providing three "insights" into the digital future for media companies. First, media companies must keep ...

  11. India's Network18 To Invest $90.5M In Viacom JV

    November 07, 2007 12:00 AM EST Indian media company Network18 said on Wednesday it would invest $90.5 million over three years in its joint venture with Viacom Inc, which will launch a Hindi-language general entertainment channel in India next year. The equal joint venture, Via ...

  12. EMI Music Publishing Moves Offices

    September 07, 2007 12:00 AM EDT EMI Music Publishing is moving its New York-based global headquarters on Monday from midtown Manhattan to the city's hip meatpacking district. The new 65,000 square foot office space in the historic Chelsea Market building will, for the first ...

  13. EMI Says 93% Of 2013 Euro Bonds Tendered

    September 04, 2007 12:00 AM EDT British music group EMI Group Plc said on Tuesday that 93% of its 425 million euros ($579.1 million) of 8.625% bonds due 2013 had been tendered under a buyback offer launched on Aug. 17. EMI is buying back its outstanding bonds due to its acquisit ...

  14. Bug Seals Deal For Windswept, T/Q

    July 09, 2007 12:00 AM EDT Bug Music has now finalized the agreement acquiring Windswept Holdings and T/Q Music, a deal first reported by Billboard.biz in May . Bug CEO John Rudolph, president David Hirshland and president of international Mark Anders will continue to serve ...

  15. Goldman Sachs Buys Stake In Japan's Usen

    April 20, 2007 12:00 AM EDT Goldman Sachs Group said April 19 that it will buy just over 18% of Tokyo-based Usen for ¥25 billion ($211.6 million), making it the Japanese cable-and-Internet company's second-largest shareholder. The New York-based brokerage will buy 24.51 ...

  16. XL, Beggars Team With Joost

    March 01, 2007 12:00 AM EST London-based independent label XL Recordings and parent The Beggars Banquet Group will launch a new online broadcasting platform on upstart Internet TV service Joost, which is due to launch in the first half of 2007. XL and Beggars will have their ...

  17. Internet Group Buys Wurld Media

    February 28, 2007 12:00 AM EST Broadband Internet services firm Roo Group has purchased P2P music service Wurld Media for $10 million. Roo clients include NewsCorp, Verizon, The Street.com and others. The Wurld Media P2P music service licenses music from all the major labels, a ...

  18. Viacom Demands YouTube Remove Videos

    February 05, 2007 12:00 AM EST Viacom Inc. on Friday demanded that Google Inc.'s online video service YouTube remove more than 100,000 video clips after they failed to reach a distribution agreement. Viacom said it sent a notice to YouTube on Friday morning asking the popu ...

  19. MTVN Exec Shake-Up

    January 16, 2007 12:00 AM EST According to reports, MTV Networks' president and COO Michael Wolf will exit the company in February, a mere 15 months after assuming the position. Also exiting MTVN is Nicole Browning, president of affiliate sales and marketing, who's b ...

  20. WMI Presses Button On Video Content Unit

    November 28, 2006 12:00 AM EST Major buys video production specialist Right Co. Warner Music International is ramping up its activities in the video content field through the acquisition of the Rights Company, a U.K.-based specialist DVD and digital production business. The dea ...

  21. Clear Channel Agrees To $18.7B Buyout

    November 16, 2006 12:00 AM EST Clear Channel Communications Inc., the nation's biggest radio station owner, said Thursday (Nov. 16) it has agreed to be taken private for about $18.7 billion by an investment group. Clear Channel Communications Inc., the nation's bigges ...

  22. Freston Exits Viacom, Dauman Takes Over

    September 05, 2006 12:00 AM EDT Exec resigns after 26 years. Tom Freston, president/CEO of MTV parent Viacom, has resigned after 26 years service, the company's board of directors said on Monday (Sept. 4). In his place the board has appointed Philippe Dauman as president an ...

  23. EMI Appoints Senior HR VP

    April 24, 2006 12:00 AM EDT Wolk most recently with a global ad group. Seth Wolk has been appointed senior VP of human resources for EMI Music North America. Wolk will be based in New York and will report to EMI Music North America COO Ivan Gavin. Wolk joins EMI after spendi ...

  24. Former Warner Exec Joins Thomas H. Lee Partners

    January 09, 2006 12:00 AM EST Bressler most recently served as senior exec at Viacom. Richard J. Bressler has joined private equity firm Thomas H. Lee Partners as a managing director and head of its strategic resource group. Bressler was most recently senior executive VP and C ...

  25. Analyst: Media Stocks To Rebound

    December 30, 2005 12:00 AM EST 'The radio industry is poised for an upswing.' Media stocks should pick up the pace in 2006, many Wall Street analysts said. Considering their performance in 2005, though, it is an easy comparison. Of the major entertainment conglomerate ...

  26. Major Music Wholesaler For Sale

    December 05, 2005 12:00 AM EST Baker & Taylor being shopped by Goldman Sachs. Baker & Taylor, the books, video and music wholesaler based in Charlotte, N.C., is up for sale, sources say. Nearly 30 months after Willis Stein & Partners acquired the wholesaler in J ...

  27. Viacom, UCC Dispute FCC Kid Regs

    October 11, 2005 12:00 AM EDT Viacom and the United Church of Christ are both pushing to have the federal courts decide if the Federal Communications Commission's regulations regarding children's programming rules on digital TV ar WASHINGTON, D.C. (The Hollywood Repo ...

  28. Briskman New CBS Corp. Top Lawyer

    August 09, 2005 12:00 AM EDT Leslie Moonves has begun planning for life after Viacom's split, hiring Louis Briskman as chief legal officer for the new CBS Corp. (The Hollywood Reporter) -- Leslie Moonves has begun planning for life after Viacom's split, hiring Louis ...

  29. FMR NZ Chief Ashbridge Heads For Warner Oz

    July 21, 2005 12:00 AM EDT Mark Ashbridge, managing director of Festival Mushroom Records in New Zealand, is to join Warner Music Australasia in the role as VP, marketing and promotions. Mark Ashbridge, managing director of Festival Mushroom Records in New Zealand, is to jo ...

  30. MTV Networks Buys Neopets

    June 28, 2005 12:00 AM EDT As it continues to expand and strengthen its Web business, Viacom unit MTV Networks said June 20 it has acquired NeoPets, the operator of a fast-growing youth community on the Internet. NEW YORK (The Hollywood Reporter) -- As it continues to expan ...

  31. Viacom Board Approves Split

    June 14, 2005 12:00 AM EDT Separately traded Viacom, CBS expected in 2006. Separately traded Viacom, CBS expected in 2006. News ...

  32. Famous Music Names New Senior VP

    June 02, 2005 12:00 AM EDT Stacey Palm will continue to focus on film and tv. Famous Music Publishing has promoted Stacey Palm to senior VP of film and television music. Based in Los Angeles, she reports to president/COO Ira Jaffe. Palm joined the publisher in September 199 ...

  33. BMG Direct Takes Over Columbia House

    May 17, 2005 12:00 AM EDT BMG Direct, parent of the BMG Music Service record club, is acquiring rival direct marketer, the Columbia House Co., from an ownership consortium led by the Blackstone Group. Sources value the deal at NEW YORK -- BMG Direct, parent of the BMG Musi ...

  34. BMG Direct Takes Over Columbia House

    May 10, 2005 12:00 AM EDT BMG Direct, parent of the BMG Music Service record club, is acquiring rival direct marketer, the Columbia House Co., from an ownership consortium led by the Blackstone Group. Sources value the deal a BMG Direct, parent of the BMG Music Service rec ...

  35. Warner Music Files For $750M IPO

    March 15, 2005 12:00 AM EST Warner Music Group Corp., parent company of Warner Music Group, filed registration papers with the Securities and Exchange Commission on March 11 proposing to raise up to $750 million in an initial pu (Reuters) -- Warner Music Group Corp., parent ...

  36. Warner Music Files For $750M IPO

    March 11, 2005 12:00 AM EST Stock to float on NYSE or Nasdaq. Stock to float on NYSE or Nasdaq. News ...

  37. Warner Music Files For $750M IPO

    March 11, 2005 12:00 AM EST Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. The company, ...

  38. Viacom Posts $18.4 Billion Loss

    February 24, 2005 12:00 AM EST Radio, outdoor biz take major write-down. Stock in Viacom fell 2.5% to $35.28 Thursday following news that the company is taking an $18 billion write-down on the value of its slumping radio and outdoor advertising businesses to comply with new acc ...

  39. Infinity Ups Hollander; Sykes Shifts To MTV

    January 13, 2005 12:00 AM EST New roles at Viacom had been expected. New roles at Viacom had been expected. News ...

  40. Bloomberg Signs Production Tax Cut Law

    January 11, 2005 12:00 AM EST Mayor Michael Bloomberg on Jan. 3 signed into law New York City's 5% tax credit for qualified film and television productions as part of its "Made in New York" incentive program. NEW YORK (The Hollywood Reporter) -- Mayor Michael Bl ...

  41. Los Angeles, Paramount Spar Over Biz Taxes

    December 14, 2004 12:00 AM EST The city of Los Angeles has sued Paramount Pictures Corp. over whether the studio can be taxed on licensing and merchandising revenues, the city attorney's office said on Dec. 10. LOS ANGELES (Reuters) -- The city of Los Angeles has sued Para ...

  42. Fox TV Seeks to Void Indecency Fines

    December 07, 2004 12:00 AM EST Fox Broadcasting Co. and 155 Fox televisions stations on Dec. 3 urged U.S. communications regulators to rescind their proposed $1.18 million fine for airing allegedly indecent content on the "Married WASHINGTON, D.C. (Reuters) -- Fox Broadcas ...

  43. Viacom, FCC Reach $3.5M Indecency Deal

    November 23, 2004 12:00 AM EST The Federal Communications Commission and Viacom have reached a $3.5 million indecency settlement over three Notices of Apparent Liability and two Forfeiture Orders. The Federal Communications Commission and Viacom have reached a $3.5 million inde ...

  44. Viacom, FCC Reach $3.5M Indecency Deal

    November 23, 2004 12:00 AM EST The Federal Communications Commission and Viacom have reached a $3.5 million indecency settlement over three Notices of Apparent Liability and two Forfeiture Orders. The Federal Communications Commission and Viacom have reached a $3.5 million inde ...

  45. Mel Karmazin Joins Sirius As CEO

    November 18, 2004 12:00 AM EST Viacom vet replaces Joe Clayton. Viacom vet replaces Joe Clayton. News Joe Clayton ...

  46. Mel Karmazin Joins Sirius As CEO

    November 18, 2004 12:00 AM EST The board of directors of Sirius Satellite Radio has named Mel Karmazin as CEO. He succeeds Joe Clayton, who will remain at the satellite broadcaster as chairman of the board. The board of directors of Sirius Satellite Radio has named Mel Karmazin ...

  47. MSN Music Inks American Express Deal

    November 08, 2004 12:00 AM EST MSN Music is partnering with American Express to promote its new music service. The move marks the service's first strategic partnership since it formally launched Oct. 12. MSN Music is partnering with American Express to promote its new musi ...

  48. Vivendi, Viacom Sell Cinema Biz

    November 02, 2004 12:00 AM EST Vivendi Universal and Viacom Inc. on Oct. 28 confirmed the sale of UCI Cinemas in Europe to London-based private equity firm Terra Firma Capital Partners Limited for 270 million euros ($344.4 million) PARIS (The Hollywood Reporter) -- Vivendi Univ ...

  49. Viacom Closes On Viva Buy

    August 27, 2004 12:00 AM EDT MTV parent Viacom has completed the purchase of a 75.83% stake in German music television group Viva Media. The American media giant confirmed yesterday (Aug. 26) that it had closed the deal with the MTV parent Viacom has completed the purchase of ...

  50. Viacom Closes On Viva Buy

    August 27, 2004 12:00 AM EDT MTV parent Viacom has completed the purchase of a 75.83% stake in German music television group Viva Media. The American media giant confirmed yesterday (Aug. 26) that it had closed the deal with the MTV parent Viacom has completed the purchase of ...

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