Electronic Arts

  1. Publishing Briefs: Cherry Lane, RightsFlow

    June 17, 2009 12:00 AM EDT -Cherry Lane Music Publishing Co. has signed a worldwide, long-term publishing agreement with 2008 "American Idol" winner and songwriter David Cook. As part of the deal, Cherry Lane will be administering Cook’s current catalog and will h ...

  2. Recession? Not For Video Games

    June 16, 2009 12:00 AM EDT Economic uncertainty that is hampering most media won’t stop the growth in video games. Revenue generated in the U.S. and Canada by the video game industry, minus hardware sales, will grow at an average clip of 5.8% annually over the next five yea ...

  3. The Power Play: Connecting Brands And Bands

    June 05, 2009 12:00 AM EDT The connection between artists and brands, and the future of this relationship, was the focal point of “The Power of Connecting Brands and Bands” panel at Billboard and Adweek’s Music and Advertising Conference in New York. Moderator Mike Tunnicli ...

  4. Analysis: Recent Earnings Spotlight Ongoing Trends

    June 03, 2009 12:00 AM EDT The importance of ancillary revenue streams and continued consolidation - either within a company or between two companies - were some of the ongoing trends spotlighted in the most recent round of earnings reports. As companies manage the transiti ...

  5. RIAJ Releases Japan Q1 2009 Digital Sales

    June 02, 2009 12:00 AM EDT The Recording Industry Association of Japan (RIAJ) has released data for sales of digital music delivery during the January to March 2009 period. Internet downloads are on the rise, while digital units sold via mobile phone are down slightly and s ...

  6. IMS Day Three: Dance Biz Looks To The Future

    June 01, 2009 12:00 AM EDT The third and final day of the Ibiza International Music Summit (IMS) was once again packed with lively, relevant and engaging panels, including opening debate the IMS Think Tank. At the start of the panel, Nokia VP of industry collaboration Mark ...

  7. Analysis: What Can Replace Falling CD Revenues?

    May 18, 2009 12:00 AM EDT U.S. album sales are down 13% through May 10 and industry insiders and watchers are wondering what can close the gap and end the slide of recorded music revenue. CD sales are down 19.3% during this period, translating to roughly $270 million in lo ...

  8. Track Equivalent Albums Down Less Than 5% In April

    May 12, 2009 12:00 AM EDT Track equivalent albums (TEAs) dropped 4.6% in April, a vast improvement over the 11.6% drop in March. TEAs were down 5.6% in February and down 4.5% in the slow month of January (track sales are strong in the first week of the year due to the post ...

  9. Live Nation CEO Confident About Summer Touring Season

    May 07, 2009 12:00 AM EDT Despite Live Nation's first-quarter loss of $102.7 million , due in part because of fewer music fans attending concerts in the North American market, the company's CEO Michael Rapino has assured investors that business will pick up this ...

  10. Warner Music's Losses Widen As Sales Fall Short

    May 07, 2009 12:00 AM EDT Warner Music Group posted a wider quarter loss as recorded music sales declined more than expected. The world's third largest music company posted a net loss of $68 million on Thursday (May 7), or 45 cents a share in its fiscal second quarter ...

  11. French Market Down, Piracy Law Delayed

    May 05, 2009 12:00 AM EDT The value of the French wholesale recording market fell 16.4% year-on-year during the first three months of 2009 to €118.7 million ($158.6 million), labels trade body Snep reported at a press conference held in Paris. Physical sales were down 18.5 ...

  12. Business Briefs: Best Buy, Verizon, Twitter, iLike

    April 28, 2009 12:00 AM EDT -- Best Buy is reported to be considering allotting eight square feet per store (or about 200 titles) to vinyl albums in all of its 1,000-plus stores. A first test of 100 titles per store, according to the article, was successful enough for a bump ...

  13. Analysis: What The IFPI, RIAA Numbers Reveal

    April 24, 2009 12:00 AM EDT Recently released numbers by the IFPI (pdf) and RIAA (pdf) show continued losses in physical formats, varying success in mobile and slowing digital growth as markets mature. Fueled by a large drop in CD sales and lower wholesale values, North Amer ...

  14. EMI Music Publishing Targets European Growth

    April 17, 2009 12:00 AM EDT EMI Music Publishing CEO and chairman Roger Faxon has expanded the roles of key executives in an effort to drive revenue growth across Europe. The shake-up follows the departure of Peter Ende from his role as president and CEO of EMI Music Publish ...

  15. The 'Free' Debate

    April 06, 2009 12:00 AM EDT Ad-supported music sites, file-sharing services and a wealth of music posted online are adding to the topic of "free" become a more common talking point. As companies search for new ways to monetize recorded music, expect free music to b ...

  16. Van Dyke Parks Signs Up To Big Sound

    March 26, 2009 12:00 AM EDT Veteran U.S. producer and songwriter Van Dyke Parks is one of the guest speakers confirmed for the Australian Big Sound music industry summit and showcase event this September, organizers said today. Now in its eighth year, the Brisbane, Queenslan ...

  17. SpiralFrog Shuts Down

    March 20, 2009 12:00 AM EDT Ad-supported music service Spiralfrog has shuttered-a move many critics felt was inevitable from the very beginning. The company paid millions in upfront licensing fees to the major record labels which it hoped to pay off with advertising revenue ...

  18. U.K. Study Claims Live Beats Recorded Music Revenue

    March 16, 2009 12:00 AM EDT This year's ILMC (International Live Music Conference), the annual confab for international promoters, agent and venue owners, kicked off with a positive outlook despite the global recession. The event, which took place March 13-15 at the Roy ...

  19. ASCAP Collections, Payouts Increase

    March 10, 2009 12:00 AM EDT American Society of Composers, Authors & Publishers collected $933 million last year, an 8% increase from the $863.3 million gathered in 2007, management of the member-owned organization announced at the annual meeting that kicked off its New ...

  20. Billboard Q&A: IODA Chief Kevin Arnold Chats About Unlikely Sales Successes, Statutory Royalty Rates And More

    March 09, 2009 12:00 AM EDT Kevin Arnold, founder and CEO of the Independent Online Distribution Alliance (IODA), has plenty to celebrate these days. His company, which provides digital distribution for indie labels, is making inroads into new genres and markets. And he just ...

  21. Austrian Market Falls 8%

    March 06, 2009 12:00 AM EST In 2008, the recorded music market in Austria posted total revenues of €185 million ($234.4 million), down 8% from 2007's €201 million ($254.6 million). The digital market again increased, by 14% to €11.4 million ($14.4 million), while music ...

  22. Reality Of 'Price Discovery' Hitting Publishers

    March 05, 2009 12:00 AM EST With the credit crunch and a difficult economy, those involved in the buying and selling of music copyrights are in a period of “price discovery,” peermusic CFO Bill Gorjance said at the Billboard Music & Money Symposium, held today at the St. ...

  23. Billboard Q&A: Former UMG Exec Larry Kenswil

    March 04, 2009 12:00 AM EST A veteran of almost 25 years at Universal Music Group (UMG), Larry Kenswil has seen it all. As president of the label's eLabs digital division, and more recently executive VP of business strategy, he's had a front-row seat to the disrupt ...

  24. U.K. Indie RSK Moves To Trilogy

    March 03, 2009 12:00 AM EST U.K. independent RSK Entertainment will move its distribution from Arvato to Trilogy Logistics, effective late April. In a statement, Newbury, Berkshire-based RSK's joint managing director Simon Carver cited "strategic" reasons that ...

  25. Live Nation Posts Q4 Net Loss

    March 02, 2009 12:00 AM EST Live Nation, which last month announced plans to merge with Ticketmaster Entertainment, has reported a fourth-quarter net loss of $337.5 million or $4.33 per share, compared to a loss of $18.4 million or 25 center per share, during the same period ...

  26. Entravision’s Q4 Revenue Falls 16% To $53 Million

    February 27, 2009 12:00 AM EST Santa Monica, Calif.-based Entravision reports that its fourth quarter revenue slipped to $52.76 million from $62.514 million earned during the same period in 2007. The company said its net loss grew 190% to $136,483 compared to $47,051. That is a ...

  27. Games Boost Belgian Entertainment Sales

    February 23, 2009 12:00 AM EST With a growth of 6% to €650 million ($828 million), the Belgian entertainment market had a positive 2008, despite music sales continuing to decline - down 8.7% from €183 million ($233 million) in 2007 to €167 million ($212.7 million) last year. Th ...

  28. Mobile Entertainment Shrugs Off Credit Crunch

    February 17, 2009 12:00 AM EST Global trade body Mobile Entertainment Forum (MEF) has revealed its members expect an average revenue growth of 27% in the mobile entertainment industry during 2009. The figure comes from the MEF's first quarterly Business Confidence Index (B ...

  29. Viacom Profit Slumps With Charges, Ad Troubles

    February 12, 2009 12:00 AM EST Viacom Inc, owner of MTV Networks and Paramount movie studio, reported sharply lower fourth quarter earnings, battered by an advertising slump, poor ratings at some of its key TV networks and a softening DVD market. Viacom's results for the q ...

  30. Warner Music Deal, Qtrax Lock In Deal

    February 11, 2009 12:00 AM EST Ad-supported music service Qtrax has finally secured licensing agreements with the four major music labels, more than a year after originally claiming to do so. Warner Music Group is the last to provide its catalog to the service. Qtrax first laun ...

  31. Warner Music Results Beat Street View, Sales Dip

    February 05, 2009 12:00 AM EST Warner Music Group posted better than expected results on Thursday, despite falling CD sales and slower growth in digital revenue. Net profit for the fiscal first quarter came in at $23 million, or 15 cents a share, compared with loss of $16 milli ...

  32. Filmax Launches Spanish Digital Music Service

    February 03, 2009 12:00 AM EST European digital distributor 24-7 Entertainment announced its entry into the Spanish market with the launch of Filmax's music download store musica.yodecido.com. The store is powered by 24-7 Entertainment, describing it as one of "a myri ...

  33. Microsoft Misses Profit, Plans To Cut Up To 5000 Jobs

    January 22, 2009 12:00 AM EST Microsoft Corp stunned Wall Street with disappointing results that included plans to slash up to 5,000 jobs and a warning that profit and revenue will almost certainly drop over the next two quarters. The news from the world's largest softwar ...

  34. 6 Questions: Imeem CEO Dalton Caldwell

    January 21, 2009 12:00 AM EST It's make-or-break time for free ad-supported online music. Now that such services as imeem and MySpace Music have secured the backing and investment of the major labels, they have to prove that free access to music can be a profitable busine ...

  35. Best Buy Taps President/COO Dunn As New CEO

    January 21, 2009 12:00 AM EST Best Buy Co. Inc. laid out a succession plan Wednesday, saying Brian J. Dunn, its president and COO, will take over this summer as chief executive of the nation's largest consumer electronics chain. The 48-year-old, who began working at the c ...

  36. MIDEM Panel Encourages Publishers To Work Together

    January 20, 2009 12:00 AM EST The international publishing summit at the MIDEM convention in Cannes, France, kicked off with ways that publishers, labels and societies can easily and more cost effectively work together. Such a move would not only benefit the music companies, p ...

  37. Report: Digital Music Sales To Surpass CD By 2013

    January 19, 2009 12:00 AM EST A study of over 4,200 online consumers in Europe has predicted digital music will have a majority stake (57%) in the recorded music market by 2013. Digital licensing is expected to generate another €1.2 billion ($1.6 million). The report, entitled ...

  38. Nokia's Ojanpera Talks Comes With Music In Cannes

    January 17, 2009 12:00 AM EST Nokia's Dr Tero Ojanpera, EVP entertainment and communities, delivered an optimistic keynote at day one of MidemNet, revealing a "breakthrough" in licensing negotiations that will enable the service to roll out across Europe in 2009 ...

  39. Sony Music Entertainment Begins Staff Cuts

    January 15, 2009 12:00 AM EST Sony Music Entertainment began cutting staff today (Jan. 15), with the process expected to be completed tomorrow, sources tell Billboard.biz. At deadline, at least 30 people had been cut from the company's two distribution companies: Sony Glo ...

  40. Microsoft Mulls Job Cuts: Report

    January 15, 2009 12:00 AM EST Microsoft Corp is considering significant layoffs across its various divisions, The Wall Street Journal reported, citing people familiar with the company's plans. But plans for the cutbacks have not yet been firmed up and Microsoft could end ...

  41. Koch, Alliance Entertainment Make Staff Cuts

    January 14, 2009 12:00 AM EST Koch Entertainment and Alliance Entertainment have made some cost cutting moves in recent days. Koch is downsizing its New York record label office and moving most of the staff out to its Port Washington, Long Island-based facility that houses its ...

  42. Warner Set To Go DRM-Free In France

    January 07, 2009 12:00 AM EST A day after the announcement of iTunes abandoning DRM with all the majors, Warner Music France unveiled its DRM-free offering with download stores FnacMusic and VirginMega. The move is described as an "experimentation" until the end of 2 ...

  43. Strong Q4 Sales For U.K. Biz

    January 06, 2009 12:00 AM EST The recorded music market in the U.K. benefited from a strong showing in the fourth quarter of 2008, contributing to an overall volume decline of 3.2% in album sales year-on-year. Album sales fell from 138.1 million in 2007 to 133.6 million last y ...

  44. Web Reaction: Apple Drops DRM

    January 06, 2009 12:00 AM EST Apple iTunes' announcement that it will begin offering DRM-free music from all four major labels and will add a new pricing scheme for tracks today was, to say the least, covered extensively. Below, a round-up of reaction from around the Web ...

  45. Report: iTunes To Offer Variable Pricing, Expands DRM-Free Offering

    January 06, 2009 12:00 AM EST With the MacWorld conference kicking off today, rumors are swirling that Apple is poised to unveil new music licensing deals with the major labels that will allow it to sell DRM-free music at variable prices. Citing two unnamed sources, CNET is re ...

  46. The Billboard Q&A: Universal Digital Chief Rio Caraeff

    January 05, 2009 12:00 AM EST Universal Music Group has never been shy about shaking things up in the digital music space. The company demanded a per-device payment from Microsoft before licensing music to the Zune Marketplace. It spearheaded efforts to monetize online music v ...

  47. Gov. Paterson's Digital Tax Proposal Draws Criticism

    December 18, 2008 12:00 AM EST New York State governor David Paterson's proposal to impose a tax on digital downloads has drawn criticism from some in the music industry. Paterson has proposed a 4% sales tax on downloads of music, ringtones, games, movies and other media f ...

  48. Best Buy Beats Expectations, Eyes Buyouts

    December 16, 2008 12:00 AM EST The basics: * EPS 35 cents vs. estimate 24 cents * Revenue up 16 percent * Buyout offered to corporate staff * Store openings to be reduced next year * Shares up 15.5 percent Best Buy Co. reported better-than expected quarterly results on Tuesday ...

  49. NARM Adds Board Members

    December 11, 2008 12:00 AM EST The National Assn. of Recording Merchandisers adds Nokia director of global digital music Adam Mirabella to its board of directors, replacing the seat vacate by Napster's Chris Gorag, who resigned following Best Buy's acquisition of the ...

  50. Source Interlink Reports $36.6M Quarterly Loss

    December 10, 2008 12:00 AM EST Source Interlink, the parent of Alliance Entertainment, reported a $36.6 million loss, or 70 cents per diluted share on sales of $591.7 million in the three-month period ended Oct. 31. That compares with a $4.5 million loss, or nine cents per shar ...

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