Electronic Arts

  1. Retail Track

    April 03, 2006 12:00 AM EDT Trans World Entertainment closed its acquisition of Musicland assets March 28, and its partners in the transaction, Hilco/Gordon Bros., are already liquidating 65 of the 400 stores it acquired. Read E Trans World Entertainment closed its acquisiti ...

  2. Brand, Hagman Out At MTV

    March 23, 2006 12:00 AM EST Execs depart on the heels of Hansen. Senior MTV Networks International music executives Harriett Brand and Hans Hagman are to exit the broadcaster, Billboard.biz has learned. The news follows the surprise resignation last month of MTVNI's pre ...

  3. MP3.com Co-Founder Joins Musicane

    March 13, 2006 12:00 AM EST Most previously director of marketing at MP3. Musicane has named Michelle Robertson as its chief marketing officer. She reports to Musicane CEO Sudhin Shahani and is based in Los Angeles. Musicane provides e-commerce solutions that enable artists ...

  4. Suit Filed Against Major Labels

    March 10, 2006 12:00 AM EST Claims they hampered online music growth. A consumer class action lawsuit has been brought against the major record labels for antitrust violations, claiming that the companies hampered the growth of online music to protect their high-profit CD ma ...

  5. Trans World Reports Weak Q4, Year Results

    March 09, 2006 12:00 AM EST Trans World Entertainment posted $18 million in net income, or 57 cents per diluted share, on sales of $458.6 million, in its fiscal fourth quarter that ended Jan. 28. These results were down from $34 Trans World Entertainment posted $18 million i ...

  6. Lombard: Key Exec Losses Won't Hurt Starbucks

    March 01, 2006 12:00 AM EST Despite two high-profile departures from its music division, Starbucks Entertainment president Ken Lombard says business will not be affected. However, some in the industry aren't so sure. Despite two high-profile departures from its music di ...

  7. WMI Creates Digital Marketing Role

    March 01, 2006 12:00 AM EST Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. The ...

  8. WMI Creates Digital Marketing Role

    March 01, 2006 12:00 AM EST Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. The ...

  9. Newly-Formed New Light Signs Deal With Universal

    February 27, 2006 12:00 AM EST New Light will release 12 to 24 video and audio titles yearly. The newly-formed home entertainment company New Light Entertainment will release 12 to 24 audio and video titles per year. New Light—which was formed by industry veteran Tom Sykes—has ...

  10. Disney's Moviebeam Relaunches With Cisco, Intel Backing

    February 16, 2006 12:00 AM EST Disney’s set-top box video-on-demand service Moviebeam, which was put on hiatus last spring, relaunched this week with substantial backing by Cisco Systems and Intel Corp, and venture capital firms Disney’s set-top box video-on-demand service Movi ...

  11. Warner Music Q1 Profit Nearly Doubles

    February 14, 2006 12:00 AM EST Warner Music Group Corp. on Tuesday (Feb. 14) said quarterly profit rose 91%, driven by stronger sales of higher-margin digital songs during the holiday season. Warner Music Group Corp. on Tuesday (Feb. 14) said quarterly profit rose 91%, driven b ...

  12. Fedewa Joins Live Nation's Interactive Division

    January 23, 2006 12:00 AM EST He will develop LiveNation.com Live Nation has named Scott Fedewa senior VP and executive producer for interactive platforms. Fedewa will be in charge of creative development, strategy, build-out and operations of the new LiveNation.com Web site a ...

  13. Nicoli Confident On Digital Future

    January 22, 2006 12:00 AM EST EMI Group is "on track" to achieving its bullish prediction of generating 25% of its revenue from the digital space by 2010, its chairman Eric Nicoli told delegates Saturday (Jan. 21) during the openi EMI Group is "on track" to ...

  14. The Orchard Launches Video Service

    January 19, 2006 12:00 AM EST Will market to services including iTunes. The Orchard, the online independent music distributor and marketer, has launched a new digital video distribution service. In addition to the videos from the labels which the Orchard represents, additional ...

  15. Sony BMG Lays Off 42 Staffers

    January 06, 2006 12:00 AM EST In a move that Sony BMG officials are calling “the final phase” of integration, the company today (Jan. 6), laid off 42 employees. Additionally, as part of a December reorganization at Sony Music In a move that Sony BMG officials are calling “the ...

  16. Victory Signs Up With Vital In U.K.

    December 28, 2005 12:00 AM EST Vital Distribution has struck an exclusive pact to handle Victory Records product in the United Kingdom and Ireland, with effect from Feb. 1. Vital Distribution has struck an exclusive pact to handle Victory Records product in the United Kingdom a ...

  17. Victory Signs Up With Vital in U.K.

    December 28, 2005 12:00 AM EST Vital Distribution has struck an exclusive pact to handle Victory Records product in the United Kingdom and Ireland, with effect from Feb. 1. Vital Distribution has struck an exclusive pact to handle Victory Records product in the United Kingdom a ...

  18. Live Nation Heads to L.A., Lays Off 300

    December 23, 2005 12:00 AM EST Moves are a result of continued reorganization. Live Nation, formerly known as Clear Channel Entertainment, will be moving its headquarters to Los Angeles and terminating about 300 full-time employees, according to a filing with the Securities and ...

  19. French Music Industry Combats Blanket License

    December 22, 2005 12:00 AM EST Industry groups representing indie and major labels, publishers, retailers and authors, as well as artists, vigorously reacted to the vote yesterday (Dec. 21) of an amendment introducing the new digit Industry groups representing indie and major l ...

  20. Universal's 'Virgin' Generates Healthy First-Week Sales

    December 21, 2005 12:00 AM EST Universal Studios Home Entertainment's 'The 40-Year-Old Virgin' is on its way to being one of the most successful DVD releases of the fourth quarter. Universal Studios Home Entertainment’s “The 40-Year-Old Virgin” is on its way to b ...

  21. MTV Int'l To Cut Staff

    December 19, 2005 12:00 AM EST Sources: 150 to go in N.Y., London. MTV Networks International confirmed today (Dec. 19) it has taken steps to streamline its corporate headcount in New York and London. In an internal message, seen by Billboard.biz, the music TV broadcaster says ...

  22. MTV Int'l To Cut Staff

    December 19, 2005 12:00 AM EST MTV Networks International confirmed today (Dec. 19) it has taken steps to streamline its corporate headcount in New York and London. Sources say approximately 150 corporate positions in total may be MTV Networks International confirmed today (Dec ...

  23. Sources: MTV Cuts 100 Staff

    December 16, 2005 12:00 AM EST MTV Networks has laid off close to 100 employees, with the cuts affecting multiple divisions and staffers at all levels of the Viacom Inc.-owned company, sources say. MTV Networks has laid off close to 100 employees, with the cuts affecting multip ...

  24. Hirsch, Sheridan Square Merger Progressing

    December 14, 2005 12:00 AM EST Expected to close end of January 2007. While announcing its financial results, Hirsch International said its merger with Sheridan Square Entertainment is progressing and is now expected to close towards the end of the company's fiscal 2007 fi ...

  25. RED Re-Brands Red Ink

    December 09, 2005 12:00 AM EST Operation to offer more marketing services. RED Distribution has rebranded its RED Ink division as RED Strategic Marketing. In making the change, RED will begin offering the added marketing and promotional services of RED Ink to all of RED's ...

  26. Westwood One CEO Exits

    December 08, 2005 12:00 AM EST In an unexpected resignation, Shane Coppola is stepping down as Westwood One president/CEO, effective Thursday (Dec. 8). Coppola is also resigning as a director on the network's board but will continu In an unexpected resignation, Shane Coppo ...

  27. Warner Music Narrows Q4 Loss

    December 01, 2005 12:00 AM EST The Warner Music Group today (Dec. 1) reported a net loss of $30 million, or 21 cents per diluted share, on sales of $905 million for the three-month period ended Sept. 30. The Warner Music Group today (Dec. 1) reported a net loss of $30 million, ...

  28. Musicland CEO Steps Down

    November 30, 2005 12:00 AM EST Madden named interim CEO. The Musicland Group has lost another CEO as Jack Chadsey, who assumed the post on Oct. 3, has left the company. Michael Madden, Musicland president, has been named interim CEO. Chadsey replaced Eric Weisman, a well-known ...

  29. Rapino Email: CCE Spinco Restructures for Spinoff

    November 17, 2005 12:00 AM EST In preparation for its upcoming spinoff, CCE Spinco has downsized from 14 business lines to six, according to an internal email from Spinco CEO Michael Rapino obtained by Billboard. In preparation for its upcoming spinoff, CCE Spinco has downsized ...

  30. Movie Gallery Anticipates Slow Quarter

    November 11, 2005 12:00 AM EST Movie Gallery anticipates a soft fourth quarter due to a weakness in popular DVD releases and the maturation of game platforms. Movie Gallery anticipates a soft fourth quarter due to a weakness in popular DVD releases and the maturation of game pl ...

  31. Victory Re-Ups With RED

    November 09, 2005 12:00 AM EST Chicago rock label home to Hawthorne Heights, Atreyu. Chicago-based rock label Victory Records has renewed its agreement with New York-based RED Distribution. The deal comes after months of industry speculation as to where the sought-after label w ...

  32. AtomShockwave Boosts Profile With Gaming Acquisition

    November 08, 2005 12:00 AM EST AtomShockwave Corp., a provider of Internet-based films and games, said it has acquired AddictingGames.com, boosting the company into a more powerful position in the growing arena of online gaming. SAN JOSE, Calif. (AP) -- AtomShockwave Corp., a p ...

  33. UMG Year-To-Date Revenues Up 5%

    November 03, 2005 12:00 AM EST Despite a slight drop in the third quarter, Universal Music Group revenues for the nine months ending Sept. 30 rose to $3.8 billion, up 5% at constant currency levels compared to the same period last Despite a slight drop in the third quarter, Uni ...

  34. UMG Year-To-Date Revenues Up 5%

    November 03, 2005 12:00 AM EST Despite a slight drop in the third quarter, Universal Music Group revenues for the nine months ending Sept. 30 rose to $3.8 billion, up 5% at constant currency levels compared to the same period last Despite a slight drop in the third quarter, Uni ...

  35. HANDLEMAN CRAVES ENTRY INTO GAME SPACE

    November 02, 2005 12:00 AM EST Handleman's recent agreement to acquire videogame distributor Crave Entertainment Group is part of an ongoing strategy to diversify beyond the music business. Read the full story here. Handleman's recent agreement to acquire videogame di ...

  36. MTV Helps Viacom Post Profit

    November 02, 2005 12:00 AM EST Wolf appointed MTV pres/COO. Viacom Inc. reported a higher-than-expected third-quarter profit today (Nov. 2) as increased advertising sales at its MTV cable networks and the "War of the Worlds" box-office release offset a slump at the te ...

  37. Movie Gallery Lets Go 100 Staffers

    October 28, 2005 12:00 AM EDT Consolidation with Hollywood continues. In its continued consolidation with Hollywood Entertainment, rental chain Movie Gallery will be letting go about 100 employees in an effort to reduce expenses and streamline operations. "Unfortunately, ...

  38. Sony BMG Loses $60 Million In Q2

    October 27, 2005 12:00 AM EDT Attributes loss to restructuring, 'harsh' market. Sony BMG posted a net loss of $60 million on sales of $936 million for the fiscal second quarter ended Sept. 30. Sony Corp., which reported the music giant’s results with its second quart ...

  39. Snocap Names CEO

    October 26, 2005 12:00 AM EDT Electronic Arts exec tapped for role. Shawn Fanning's Snocap digital licensing and copyright service has named Rusty Rueff as it's new CEO. Rueff comes to the company from Electronic Arts, where he was executive VP for human resources. P ...

  40. Navarre Tightens Staff

    October 25, 2005 12:00 AM EDT Navarre Entertainment Media has restructured its national sales staff in Minneapolis, according to VP/GM Bob Freese. A total of four employees were let go last week, including director of content acqu Navarre Entertainment Media has restructured i ...

  41. Jim Litwak Named As Trans World President

    October 19, 2005 12:00 AM EDT Retail vet previously held exec post with the chain. Jim Litwak has rejoined Trans World Entertainment, the company where he was previously an executive VP, as president/COO. From 1996 to 2000 Litwak was executive VP of merchandising and marketing ...

  42. Clear Channel Layoffs Expected

    October 14, 2005 12:00 AM EDT Reports that Clear Channel Entertainment will lay off more than 200 people in preparation of its forthcoming spinoff from parent Clear Channel Communications are exagerrated, a source inside the conce Reports that Clear Channel Entertainment will ...

  43. New Marketing VP At UMMI

    October 14, 2005 12:00 AM EDT Hansdotter to develop music mobile strategies. Universal Music Mobile International has appointed Nina Hansdotter VP of marketing and A&R, effective immediately. She is based in London and reports to Paris-based UMMI president Cedric Ponsot. H ...

  44. U.K.'s OCC Alters Chart Rules

    October 13, 2005 12:00 AM EDT Releases linked to competition prizes no longer eligible. Music releases linked to consumer competition prizes are no longer eligible for the U.K. official sales charts, according to newly amended rules at the London-based Official U.K. Charts Com ...

  45. Movie Gallery Q3 Revenue Down 9%

    October 11, 2005 12:00 AM EDT Chain claims figures above industry average. Movie Gallery, the No. 2 rental chain, reports today (Oct. 11) that same-store revenues in the third quarter decreased 9% compared to last year. The chain claims that it is performing more favorably tha ...

  46. EA Settles Workers' Class Action Suit

    October 11, 2005 12:00 AM EDT Videogame publisher Electronic Arts Inc. said Oct. 5 it would pay $15.6 million to settle a class action lawsuit by computer graphic artists seeking overtime compensation. SAN JOSE, Calif. (AP) -- Videogame publisher Electronic Arts Inc. said Oct. ...

  47. Sanctuary To Cut Staff By 25%

    October 07, 2005 12:00 AM EDT North American offices to run with reduced staff. The Sanctuary Group will reduce its headcount by 175 employees (25% of its worldwide staff) by the end of this year, reveals a memo from CEO Andy Taylor that was emailed to the staff earlier today ...

  48. First-Half World Sales Dip 6.3%, Digital Sales Triple

    October 03, 2005 12:00 AM EDT Digital revenues on the rise. The global music industry recorded another downbeat tune in the first half of 2005 when total sales of physical recordings slumped 6.3% in value to $12.4 billion in retail value, and 6.6% in unit sales. The negative f ...

  49. Warner, Universal Enter Int'l Pact

    September 27, 2005 12:00 AM EDT Distrib agreement includes China, Russia. Warner Home Video and Universal Pictures International have entered into distribution agreements for the China and Russia markets. Under the terms of the new deals, WHV will distribute Universal product in ...

  50. Warner, Universal Enter Int'l Pact

    September 27, 2005 12:00 AM EDT Distrib agreement includes China, Russia. Warner Home Video and Universal Pictures International have entered into distribution agreements for the China and Russia markets. Under the terms of the new deals, WHV will distribute Universal product in ...

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