Economy of the United States

  1. Why Amazon's Approach to Licensing Could Be the Future of Digital Music

    June 13, 2014 2:15 AM EDT Even though the just-launched Amazon Music Price is receiving some criticism, it hints at a future with different types of subscription services and different prices. One day the $10-per-month subscription service will reach its limit, and anot ...

  2. Film, TV, Other Copyright Industries Add $1 Trillion to U.S. Economy in 2012 (Study)

    November 19, 2013 2:58 PM EST Those employed in these industries, which include music, books, software, video games and more, earn 33 percent more than the average U.S. worker, according to a study by the Intellectual Property Alliance. The “core” copyright industries, which ...

  3. Live Nation Revenue Up 8% to $5.8 Billion, Posts Significant Net Losses

    February 26, 2013 6:27 PM EST Live Nation grew revenue 8.1% to $5.8 billion and adjusted operating income rose 4.8% to $459 million in 2012. It achieved its goals of growing concert attendance, ticket sales and sponsorship and advertising revenue. Yet its financial statements ...

  4. Irving Azoff's Exit: The Invisible Hand of John Malone

    December 31, 2012 9:57 PM EST The exit of veteran music manager Irving Azoff as executive chairman at Live Nation comes two months after another media veteran, Mel Karmazin, stepped down as chairman and CEO of SiriusXM Satellite Radio. The person they have in common? Veteran m ...

  5. Ten Brands to Watch in 2013

    December 26, 2012 1:00 PM EST Marketers spent close to $1.2 billion on music sponsorship alone in 2012, and that's not even counting the hundreds of millions that went into commercials featuring current songs that helped many artists impact the Billboard charts. As artist ...

  6. 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 ...

  7. 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 ...

  8. Jennifer Breithaupt

    November 28, 2012 6:44 PM EST Senior VP of Entertainment Marketing, Citi Concerts in the Citi When Citi first partnered with Live Nation for exclusive tour presales in 2007, the financial services company accounted for a small part of the top promoter's overall ticket sal ...

  9. Tifanie Van Laar-Frever

    November 28, 2012 7:25 AM EST Senior buyer, Walmart Helping Save The CD Tifanie Van Laar-Frever, senior buyer at Walmart, the largest seller of CDs in the United States, has helped transform its $5 CD bin into the premier brick-and-mortar power position in retail. That bin sin ...

  10. Backbeat: Lance Bass, Mario, Guggenheim, theAudience Execs Kick Off Coca-Cola's AMA Pre-Party

    November 18, 2012 12:16 PM EST Rain may have dampened L.A.'s downtown streets, but that didn't stop American Music Awards pre-show red carpet hosts Lance Bass, Eden Sher and Tristan Wilds (90210) from hitting the town Saturday. Guests exchanged their wet footwear for ...

  11. Ticketmaster Expands Walmart Partnership

    November 13, 2012 11:39 AM EST Walmart and Ticketmaster today announced an extension of their strategic partnership in the form of the Walmart Ticket Values program, which provides customers access to a pre-selected number of tickets to major league sporting events, FELD Entert ...

  12. Irving Azoff Sounds Off On Stocks, StubHub, Pandora In Touring Conference Keynote

    November 07, 2012 5:09 PM EST Irving Azoff (right), Live Nation Entertainment chairman and Front Line Management Group CEO being interviewed by Billboard editorial director Bill Werde at the Billboard Touring Conference. (Photo: Michael Seto) Irving Azoff doesn't tweet an ...

  13. Universal Announces New Structure, Appointments for Nashville Label Group

    October 29, 2012 6:27 PM EDT In the wake of the EU and FTC's approvals of the Universal Music/EMI merger , the integration of the two companies' Nashville operations is coming together under chairman/CEO Mike Dungan. The four imprints within Universal Music Group Na ...

  14. Exclusive: Troy Carter, Terry Richardson Team For Pop Water, Launching In Early 2013

    October 29, 2012 1:27 PM EDT Troy Carter, founder and CEO of entertainment company Atom Factory and manager of Lady Gaga, and photographer Terry Richardson are teaming up for a new consumer product, Pop Water , set for an early 2013 debut. The new beverage will be marketed as ...

  15. 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 ...

  16. 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 ...

  17. Morning Fix: Spotify on TV; Pandora's Payments Explained; New Rolling Stones Single; Eno's Album App

    October 11, 2012 9:10 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters MACKLEMORE & RYAN LEWIS' HEIST ALBUM HEADING FOR BIG BILLBOARD 200 DEBUT: Seattle rapper Macklemore and producer Ryan Lewis are headed for the biggest debut on the ...

  18. Taylor Swift Teams With Walgreens For Exclusive Store To Promote 'Red'

    October 09, 2012 10:10 AM EDT Taylor Swift has teamed with Walgreens, a retailer with 7,944 locations nationwide, to debut the Taylor Swift Store at Walgreens. Beginning this week, Walgreens and select Duane Reade locations will sell Swift-themed merchandise incorporating artw ...

  19. Liberty Media Sees Share Repurchases, Dividends and a Spin Off Once it Controls Sirius XM Radio

    September 12, 2012 9:54 PM EDT Liberty Media CEO Greg Maffei hinted at share repurchases and dividends when his company takes over Sirius XM Radio but didn't give specific clues as to operational changes. "It could become the core of what Liberty Media is," Maffe ...

  20. SiriusXM CEO Mel Karmazin: 'My Instincts Are That Liberty Does Not Need Me'

    September 12, 2012 1:51 PM EDT Liberty Media could announce as early as Wednesday that it has acquired a controlling stake in Sirius XM Radio, the satellite service's CEO Mel Karmazin said. He also indicated that Liberty may not want him around much longer. "My instin ...

  21. The Takeover of EDM

    August 30, 2012 5:55 PM EDT A look at the newest (and possibly next) big buys for Sillerman's growing EDM empire. There's no shortage of independent companies in EDM: For the self-sufficient industry, they're the rule, not the exception. Now, Robert F.X. Sille ...

  22. Liberty Media Raises Stake In SiriusXM Again To 48.8 Percent

    August 29, 2012 12:50 PM EDT John Malone's Liberty Media continues to slowly raise its stake in Sirius XM Radio. The satellite radio firm, led by CEO Mel Karmazin, reported in a regulatory filing late Tuesday that Liberty has bought additional stock to take its ownership ...

  23. Warner Music Group Reports Mixed Quarterly Financials

    August 09, 2012 9:15 AM EDT UPDATED: The music major, owned by Len Blavatnik, posted lower revenue, but its loss narrowed, and digital revenue in the recorded music unit offset physical declines. Business Matters: Looking Forward to Live Nation and Warner Music Group's ...

  24. 40 Under 40: Tifanie Van Laar

    August 02, 2012 3:51 PM EDT Tifanie Van Laar Senior Music Buyer, Walmart Website: walmart.com Twitter: @tifanielee Decisive Strategist Given her position as Walmart's senior music buyer, Tifanie Van Laar, 36, is a force to be reckoned with. But Van Laar is proving to ha ...

  25. Pitbull, Clear Chanel, Dodge Partner for iHeartRadio Promotion

    August 01, 2012 5:31 PM EDT Dodge and Clear Channel Media and Entertainment have launched a nationwide summer program with Pitbull to promote the upcoming iHeartRadio Music Festival-slated for Sept. 21 and 22 in Las Vegas-and the 2013 new Dodge Dart. "The Road to Las Ve ...

  26. Ovations Feeds Fans and Helps Drive Comcast-Spectator's Success

    July 18, 2012 7:20 PM EDT Ovations Feeds Fans and Helps Drive Comcast-Spectator's Success For Comcast-Spectacor, the decision to enter the food and beverage business - like so many other decisions in the past dozen years of growth - just made good business sense for t ...

  27. Comcast-Spectacor's Ticketing Divisions Give Venues New Web Power

    July 18, 2012 7:20 PM EDT Comcast-Spectacor's ticketing divisions give venues new Web power to sell seatsBy Ray Waddell The ticketing divisions of Comcast-­Spectacor - the time-tested software of Paciolan and the forward-thinking white-label services of New Era Ticket ...

  28. Zac Brown Band's 'Uncaged' Heading for No. 1, Frank Ocean Selling Big

    July 11, 2012 9:02 PM EDT Zac Brown Band's "Uncaged" is aiming for No. 1 on next week's Billboard 200, while Frank Ocean's "Channel Orange" is selling faster than expected. The new Billboard 200 chart's top 10 will be revealed on the ...

  29. Pitbull May Soon Be Chilling-Out at Walmart in Alaska

    July 03, 2012 8:46 AM EDT ANCHORAGE, Alaska (AP) -- Miami rapper Pitbull might soon be chilling out in Alaska. In a marketing deal, Walmart will send Pitbull, aka Armando Christian Perez, to the store that gets the most "likes" on its Facebook page. Pitbull Says ...

  30. Business Matters: Digital Services Face 18 Months of Licensing Negotiations, Says Study; Cinram Files For Bankruptcy

    June 29, 2012 5:54 PM EDT Licensing Takes As Long As 18 Months, Says a Study Most everybody in the music business knows that new digital services have a tough road to license music from content owners. Few people know exactly how long it takes. Now they have a good estimat ...

  31. Black Keys Sue Pizza Hut, Home Depot Over Copyright Infringement In Ads

    June 25, 2012 7:00 AM EDT LOS ANGELES (AP) -- The Black Keys are not shilling power tools or pizza, the band said in copyright infringement lawsuits against The Home Depot and Pizza Hut. The "Lonely Boy" band filed the federal lawsuits Thursday, claiming Home Dep ...

  32. Fender Guitar Makers Prepare To Go Public

    June 21, 2012 4:30 PM EDT For Sergio Vallin of popular Mexican rock band Maná, Fender guitars are the only way to go. "It's the Rolls-Royce of guitars," Vallin says. "It's versatile, and so easy on the fingers." A fan of Fender products since ...

  33. Universal Music's Acquisition of EMI To Face EU Commission's Statement of Objections

    June 08, 2012 8:38 AM EDT The approval process of Universal Music's acquisition of EMI's music division is entering another chapter as European Union regulators are preparing a list of concerns about the merger, according to EC Competition Commissioner Joaquin Al ...

  34. Justin Timberlake, Taylor Swift, Lionel Richie, Juanes Perform at Walmart Shareholder Meeting, 50th B-Day Bash

    June 01, 2012 12:27 PM EDT Retail giant Wal-Mart Stores turned portions of its annual shareholder meeting Friday into a music festival of sorts, with Justin Timberlake hosting the event and several musical performances. Adding musical star power to the corporate event were ...

  35. Daddy Yankee Named Face of Verizon's 'Mis Fabulosos Quince' Campaign

    May 25, 2012 8:47 AM EDT Urban star Daddy Yankee is the face of Verizon's new Mis Fabulosos Quince (My Fabulous Quince) campaign. The contest aimed at Latina teenagers will have 15-year-olds submitting essays to win an all-expenses paid Quinceañera party for 100 gues ...

  36. Viacom Increases Quarterly Dividend

    May 24, 2012 7:45 AM EDT Viacom said Wednesday (May 23) that its board has approved a 10 percent increase in its quarterly dividend to 27.5 cents per share from 25 cents. Viacom Launches New Blog The increase will take effect starting with Viacom's next quarterly div ...

  37. Exclusive: Starbucks To Release 'Cafe Con Musica,' Nacional Records Latin Alt Compilation

    May 22, 2012 9:36 AM EDT Starbucks, which rarely carries Latin music in its stores, has partnered with Latin indie label Nacional Records to release an exclusive compilation of Latin alternative music. "Café con Música" (Coffee With Music) will be available only ...

  38. Backbeat: Usher Previews New Music at Pre-Billboard Music Awards Private Dinner

    May 20, 2012 4:11 PM EDT Clear Channel's Doc Wynter talks shop with Usher and manager Grace Miguel. (Photo: Kevin Ross) "I haven't seen something like this in more than 10 years," said Radio Facts editor Kevin Ross about last evening's (May 19) RC ...

  39. Best Buy Founder Richard Schulze Steps Down Amid CEO Investigation

    May 14, 2012 11:32 AM EDT NEW YORK (AP) - Best Buy said Monday its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and failed to alert the audit committee. The comp ...

  40. FCC Rejects Liberty Media's Request to Control Sirius XM Radio

    May 04, 2012 8:50 PM EDT The FCC has dismissed a request made March 20 by Liberty Media to temporarily control Sirius XM Radio. Liberty, controlled by John Malone, had sought jurisdiction over the satellite radio company despite owning only enough convertible stock to tra ...

  41. Bob Pittman, Clear Channel CEO, on the Digital 'Chaos,' AOL's Downfall at Milken Institute

    May 02, 2012 6:27 AM EDT At one time, AOL was the Internet's premiere "walled garden" of services and content. But the removal of that wall that began in 2006 "was probably the downfall of AOL," Bob Pittman said Tuesday. "Facebook is the seco ...

  42. HMV Grows U.K. Market Share

    May 01, 2012 11:16 AM EDT HMV has marginally increased its share of the U.K. entertainment market, according to latest figures released by market research firm Kantar Worldpanel. In the three-month period ending March 18, HMV grew its market share to 19.2%, up from 17.5% f ...

  43. Emilio Estefan at Billboard Latin Conference: 'When It Was Just Me, Santana, Feliciano, Julio, There Wasn't So Much Opportunity...'

    April 25, 2012 3:31 PM EDT John Butcher, vice president of entertainment, Target (left); with Emilion Estefan, Chairman, Estefan Enterprises. (Photo: Michael Seto) As record sales remain flat and labels tighten their belts in producing and releasing records, brands have ste ...

  44. Billboard Latin Conference: Artists Need Brands As Much As Brands Need Artists

    April 24, 2012 7:07 PM EDT Javier M. Delgado-Granados (Multicultural Marketing Manager, Walmart), and Julio Vega (VP of Latin Purchasing, Sales and Marketing, Music, Movies and Books, Anderson Merchandisers) discussing the impact of Walmart's Acceso Total. (Photo: Mich ...

  45. Video: Universal Music Latin Prez Victor Gonzalez Talks Belanova, Coca-Cola Olympic Partnership

    April 24, 2012 6:40 PM EDT Universal Music Latin Entertainment president Victor Gonzalez sat down at the Billboard Latin Music Conference to talk about UMLE act Belanova's partnership with Coca-Cola in the build up to this summer's Olympics in London. Billboard La ...

  46. Record Store Day Nashville: Liquid-Filled Jack White Records at Third Man; JEFF the Brotherhood Rock Grimey's

    April 23, 2012 4:18 PM EDT The owners of Grimey's New and Pre-Loved Music, Doyle Davis (left) and Mike Grimes, take a quick break in the parking lot behind the store that services as a performance stage and retail space. (Photo: Glenn Peoples) Buyers started forming a ...

  47. Best Buy Confirms Closure Plans for Remaining 42 U.S. Big Box Stores

    April 15, 2012 10:02 AM EDT Best Buy on Saturday announced the locations of 50 stores that it is closing this year , including seven in California, six in Illinois and six in the company's home state of Minnesota. The struggling electronics chain said last month that it ...

  48. Sirius XM Radio CEO Mel Karmazin Paid $10.7 Million in 2011

    April 11, 2012 8:14 PM EDT Mel Karmazin, who thinks he's vastly underpaid, earned $10.7 million in 2011 for his services as CEO of Sirius XM Radio, nearly $1 million more than he was paid the prior year but down significantly from the $43.5 million he was paid in 2009, ...

  49. Brian Dunn Resigns as Best Buy CEO

    April 10, 2012 11:36 AM EDT NEW YORK (AP) - Best Buy Co. CEO Brian Dunn has resigned from the nation's largestconsumer electronics retailer, a company that has been struggling to rebound amid growing competition and changing shopping habits. Best Buy, based in Minneapol ...

  50. Facebook Leaning Toward Nasdaq: Report

    April 06, 2012 7:15 AM EDT NEW YORK (AP) -- Facebook will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook's, ...

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