Electronics

  1. Rdio Licenses 3 Million Tracks from CD Baby, TuneCore

    August 16, 2012 9:00 AM EDT Rdio announced Thursday it has added the catalogs of distributors CD Baby and TuneCore. Rdio CEO Drew Larner tells Billboard.biz the deal increases Rdio's catalog by 3 million tracks to over 18 million. Rdio, currently working on a program to ...

  2. Updated: Jeff Price, Peter Wells Out of Tunecore

    August 15, 2012 8:44 PM EDT After several weeks of rumors, Tunecore CEO/President Jeff Price announced today that he and Peter Wells have left the company. Price, Wells and Gary Burke founded the company in 2006. According to sources, the Tunecore board voted to oust Price f ...

  3. Bits and Briefs: Bandcamp, Android, and U.K. Digital Albums

    August 09, 2012 3:35 PM EDT Bandcamp Adds Merch Option Direct-to-fan platform Bandcamp now allows its artists to create a page dedicated to merchandise. The items are integrated in the same shopping cart with digital and physical music items, so artists can bundle merch with ...

  4. Business Matters: SiriusXM Adds On-Demand Music and 600,000 Subscribers

    August 07, 2012 9:13 PM EDT SiriusXM Adds On-Demand Music and 600,000 Subscribers -- SiriusXM is the latest radio company to launch an on-demand service that allows people to listen to what they want, when they want. Well, sort of. Launched Tuesday, SiriusXM On Demand gives ...

  5. Florida Georgia Line, Parmalee, Sarah Darling: How SiriusXM Is Helping Break New Country Acts Terrestrial Radio Won't Touch

    August 07, 2012 3:30 PM EDT Florida Georgia Line sold 162,000 downloads of "Cruise," according to Nielsen SoundScan, and got a recording deal with Republic Nashville to boot. Parmalee has amassed 76,000 downloads of "Musta Had a Good Time" and is receivin ...

  6. Whitney Hill Named SVP, Strategic Parnerships, Global Digital Business for Sony Music Entertainment

    August 07, 2012 12:52 PM EDT Whitney Hill has been promoted to Senior VP Strategic Partnerships, Global Digital Business for Sony Music Entertainment. The announcement was made by Sony Music's Michael Paull, Executive VP, Global Digital Business, who Hill will report to. ...

  7. Sony Music Names Jenifer Mallory VP International Marketing

    August 06, 2012 5:32 PM EDT Sony Music today announced that Jenifer Mallory has been promoted to Vice President, International Marketing, Sony Music Entertainment. In her new capacity Mallory will lead international marketing campaigns for Sony's U.S.-signed artists, co ...

  8. Business Matters: Looking Forward to Live Nation and Warner Music Group's Earnings Releases

    August 03, 2012 5:04 PM EDT Live Nation, WMG Optimistic Ahead Of 2nd Quarter Earnings Reports * (Correciton appended: Live Nation's earning report is due Tuesday, Aug. 7 not Thursday, Aug. 9 as originally reported.) Both Live Nation and Warner Music Group report second ...

  9. Sony Music's Quarter: A Closer Look

    August 02, 2012 6:22 PM EDT Sony Corp.'s music operations -- which consist of three separate companies, Sony Music Entertainment, Sony/ATV Music Publishing and Sony Music Entertainment (Japan) -- experienced a drop in sales and income as the music category posted 7.3 bi ...

  10. 40 Under 40: Jim Lucchese

    August 02, 2012 2:50 PM EDT Jim Lucchese CEO, The Echo Nest Website: The.Echonest.com Twitter: @echonest Central Intelligence Jim Lucchese, 39, is leading the growth of "big data" in the music business. But the CEO of the Echo Nest, a music intelligence company bas ...

  11. Sony, Warner Music Settle $50 Million Bankruptcy Claims With Beyond Oblivion

    August 01, 2012 6:56 PM EDT The bankruptcy process doesn't get much more exciting than what's been happening with Beyond Oblivion, the ambitious digital music business that was backed by Rupert Murdoch's News Corp. and other investors to the tune of $87 millio ...

  12. Samsung Launches U.S. Music Hub With Cloud Storage, Streaming, Radio, Store

    August 01, 2012 8:18 AM EDT LOS ANGELES (AP) -- Samsung launched its Music Hub service in the U.S. on Tuesday. It's an effort to capture some of the buzz around Spotify with a feature that combines a cloud music locker, unlimited song streaming, a radio player and a mus ...

  13. How Beats By Dre Got Their Headphones On Olympians' Ears (Despite Violating IOC Policy)

    July 31, 2012 4:30 PM EDT In just a matter of days, Beats By Dre headphones have become one of the most visible - and controversial - brands at the 2012 Summer Olympic Games. Athletes like British tennis player Laura Robson and soccer player Jack Butland tweeted their love ...

  14. Business Matters: What Zynga's Troubles Mean for the Music Business

    July 26, 2012 6:35 PM EDT What Zynga's Troubles Mean for the Music Business -- Games have always provided an outlet for music, but opportunities can be short-lived. A year ago Zynga was going to be the future of entertainment and provide an avenue for music to be used ...

  15. Business Matters: Global iTunes Revenue Falls in Successive Quarters

    July 25, 2012 6:35 PM EDT iTunes Expanded, But Revenue Dropped in Fiscal Q3 iTunes started showing its age as its revenue dropped $100 million to $1.8 billion in Apple's fiscal third quarter from $1.9 billion in the fiscal second quarter. The decline occurred even tho ...

  16. Beats Electronics Buys Back Shares, HTC No Longer Majority Owner

    July 23, 2012 11:07 AM EDT Beats Electronics, maker of Beats Audio and the popular Beats By Dr. Dre line of headphones, has bought back a quarter of the company from Taiwanese electronics company HTC. The repurchase increases Beats' ownership share to 74.9% from 49.9% ...

  17. Universal Music to Submit Divestment Package Within 24 Hours; May Offer to Sell Virgin, EMI Classics in Certain Territories

    July 16, 2012 2:17 PM EDT Within the next 24 hours, the Universal Music Group will submit a package of assets it expects to sell beyond the publishing assets (including the Koch and Brentwood Benson Christian catalogs) already announced earlier this year. According to mult ...

  18. Exclusive: Martin Bandier Names New Sony/ATV-EMI Executive Team

    July 10, 2012 5:59 PM EDT In the second week of its ownership stake in EMI Music Publishing, Sony/ATV has begun integrating the EMI staff into the Sony/ATV structure. As part of that, Sony/ATV Music Publishing chairman & CEO Martin Bandier announced his executive team ...

  19. Business Matters: Nearly A Third of Consumers Using Streaming Services: Report

    July 09, 2012 5:27 PM EDT Nearly 1/3 of Consumers Use Music Streaming Services Nearly a third of consumers in 25 countries around the world now use a music streaming service. A report at Music Industry Blog , the site of former Forrester analyst Mark Mulligan, taps into EM ...

  20. SoundScan Mid-Year Report: Unit Sales Up 4 Percent, Although Album Sales Dropped 3.2 Percent

    July 05, 2012 1:31 PM EDT It's beginning to look like the party begun in 2011 for the revival of U.S. album sales is over: In the first six months of 2012, album sales dropped 3.2% to 150.5 million units, according to Nielsen SoundScan (versus 155.5 million units in t ...

  21. Business Matters: Will Japan Warm Up To Sony Music Unlimited?

    July 03, 2012 4:56 PM EDT Will Japan Warm Up To Sony Music Unlimited? -- Subscription services haven't had much success in Japan. Napster Japan, a joint venture between Napster and Tower Records, failed to grow subscribers to a profitable in three and a half years of ...

  22. Kazuo Hirai, New Sony CEO/President, Meets Fear, Hope at Shareholder Meeting

    June 29, 2012 9:01 AM EDT TOKYO (AP) -- The record 9,000 shareholders that packed Sony's annual meeting was no cause for celebration. After four years of losses and a halving of the share price, some angry investors doubt even a new CEO can pull the entertainment and ...

  23. Sony Music Entertainment Appoints Adam Block As President, Legacy Recordings

    June 26, 2012 12:27 PM EDT Sony Music Entertainment named Adam Block as president, Legacy Recordings today, a promotion from his previous position as EVP and general manager of the imprint. He will report to Richard Story, president of Commercial Music Group, Sony Music Ent ...

  24. Business Matters: Tablet Owners Love Online Video

    June 08, 2012 5:20 PM EDT Tablet Owners Watch More Online Video Than Smartphone Owners Here's some good news for YouTube, Vevo and any other company betting there's a business for streaming online video: tablet owners are far more likely to watch online videos th ...

  25. RIAA, Pandora, NARAS, NAB Square Off On Capitol Hill

    June 07, 2012 8:26 AM EDT Different sectors of the music industry -- including reps from RIAA, NAB, NARAS, Pandora and others -- squared off before the House Subcommittee on Communications and Technology yesterday (June 6) over differences on issues like whether U.S. terre ...

  26. CD Sweep Allows Music Fans to Unload Old CDs as a Donation to Autism Research

    June 06, 2012 4:37 PM EDT Now people can finally dump their old CDs and do something socially positive at the same time. CD Sweep launched Tuesday, making it easy to clean out unwanted CDs and DVDs while also supporting Autism research. While searching for something to do ...

  27. Sony Stock Dips Below 1,000 Yen, First Time Since 1980

    June 04, 2012 8:14 AM EDT TOKYO (AP) -- Sony's stock price fell below 1,000 yen Monday for the first time since 1980 in a symptom of weak global markets and the company's decline after huge success with the Walkman three decades ago. Battered by competition from ...

  28. Samsung Debuts Online 'Music Hub,' Challenges iTunes With 19 Million Tracks

    May 29, 2012 12:15 PM EDT Samsung is debuting an online music store called the Samsung Music Hub, which will be available initially via its new Samsung Galaxy S III in Germany, Italy, the U.K., France and Spain. The service will allow songs to be streamed through the cloud ...

  29. Sony Overtaking Universal in Market Share? It Already Happened in March

    May 24, 2012 6:25 PM EDT If the media wants to write about the possibility of Sony Music Entertainment overtaking Universal Music Group in U.S. market-share rankings , maybe they should have done so when Sony actually accomplished that feat back in March , as detailed in ...

  30. Sony Music Unlimited, More Open Than Ever, Takes the iOS Plunge on Friday

    May 22, 2012 3:08 PM EDT Sony Music Unlimited for iOS, not pictured here, will likely have the same "offline mode" that allows this Android version to store music for playback without a data connection. When Sony Entertainment Network chief Tim Schaaf told Evolv ...

  31. Business Matters: Triton Media Helping Pandora Seem More Like a Radio Company

    May 21, 2012 5:48 PM EDT By Acting More Like Radio, Pandora Can Sell Advertising Pandora Media will become a successful Internet radio service by acting more and more like a radio company. In order to be a radio company, you need to use metrics common in the radio busines ...

  32. Spotify to Launch in Australia and New Zealand Tuesday

    May 21, 2012 5:00 PM EDT Spotify will launch in Australia and New Zealand Tuesday, giving the leading on-demand music service its first presence outside Europe and the United States and its 14th and 15th overall markets. The service's catalog will have 16 million tra ...

  33. Sony Closes Indiana Distribution Center, Lays Off 226

    May 15, 2012 1:23 PM EDT Sony's layoffs keep piling up, as the company has plans to cut 226 jobs from its closing Fishers, Ind. distribution center, according to the Indianapolis Star . Sony CEO Confirms 10,000 Job Cuts, Reorganization The center is scheduled to shut ...

  34. Exclusive: Muve Music Adds TuneCore, the Orchard and CD Baby

    May 15, 2012 12:05 AM EDT Muve Music, the music subscription of Cricket Wireless with 600,000 subscribers across the U.S., has added the catalogs of TuneCore, the Orchard and CD Baby. The deals will more than double Muve Music's catalog to over 10 million tracks, head ...

  35. Sony Sued as Songwriter Alleges Alabama Stole His Song, Label Didn't Collect Royalties

    May 14, 2012 4:30 PM EDT Australian singer-songwriter Allan Caswell is alleging in a lawsuit that the band Alabama stole its 1982 chart-topping hit, "Christmas in Dixie," from the song he penned as the theme for the 1980s Australian television soap, "The Pr ...

  36. Samsung Acquires mSpot, Cloud-Based Service Provider

    May 11, 2012 2:41 PM EDT Samsung Electronics has announced it is acquiring mSpot, Inc., a mobile cloud-based content service provider. The acquisition will provide allow users of Samsung devices to access digital content, including music, video and radio Though no purchas ...

  37. Tim McGraw Teams With JBL For Custom Headphone Line

    May 10, 2012 11:22 AM EDT With Dr. Dre and Jimmy Iovine's Beats By Dre opening up a celebrity-headphone trend that has since attracted the likes of 50 Cent, Ludacris, Xzibit and even Pauly D from Jersey Shore, the door for a country act to enter the crowded marketplac ...

  38. Sony Reports $463 Million Music Profit While Parent Corp. Posts Record $5.7 Billion Loss

    May 10, 2012 7:53 AM EDT TOKYO (AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new president. Sony, h ...

  39. Tech Types Tackle TV-Music Tie-Ins at NARM

    May 10, 2012 7:40 AM EDT Turning living rooms into virtual record stores guided by television shows and ads is just a few technological clicks away from becoming a reality. How to get there -- and who needs to play role in that development -- was the subject of a presenta ...

  40. Liberty to Boost Stake in Sirius XM

    May 09, 2012 7:44 AM EDT LOS ANGELES (AP) -- Billionaire John Malone's Liberty Media Corp. said Tuesday that it will spend $650 million to increase its effective control of satellite radio company Sirius XM Radio Inc. to 45.2 percent. FCC Rejects Liberty Media's ...

  41. Rdio Hosts Hack Day For In-House Team, Produces RSS, Shazam Apps

    May 08, 2012 12:47 PM EDT At its San Francisco headquarters, Rdio recently held its first-ever hack day -- a marathon event where coders build stuff that works, fast. Most hack days , including the one our editor just attended in Sydney , are open to the public and consist ...

  42. CTIA Wireless Assoc. Kicks Off Annual Trade Show With Mobile Wallets

    May 08, 2012 7:20 AM EDT NEW ORLEANS (AP) -- CTIA Wireless, the U.S. cellphone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the business of mov ...

  43. Spotify Introduces First iPad App, Aims To Become 'Home Stereo'

    May 02, 2012 7:00 AM EDT Spotify's rumored iPad app screen grab that sent tech bloggers into a frenzy last week. Spotify's iPad app is finally here. After tech bloggers speculated wildly two weeks ago over an early screen-grab , many assumed it would be the subj ...

  44. Business Matters: Sirius XM to Offer Personalized Radio

    May 01, 2012 5:10 PM EDT Sirius XM To Dive Into Personalized Radio Internet radio is going to become even more competitive. Sirius XM is following Clear Channel and Pandora into the personalized radio business, the company announced Tuesday. CEO Mel Karmazin mentioned the ...

  45. Web Trends: RIP Lisa "Left Eye" Lopez, TMZ Says TLC Creating Hologram Of Her

    April 25, 2012 4:31 PM EDT Google Trends: 6. aapl - Apple's stock is trending for several reasons including deeper looks into iPad, iPhone accessories, and the company at large 7. gladys knight - the Motown singer was eliminated from "Dancing With The Stars" ...

  46. Rethink Music Hackathon Winners: Having 'The Talk,' Dancing to Make Music, Concert Playlists

    April 25, 2012 8:56 AM EDT This week's Rethink Music conference kicked off with a weekend Hackathon, where participants built and presented 25 music "hacks," or hastily-created apps, at Microsoft's New England Research and Development Center (a.k.a. N.E. ...

  47. Sony's Acquisition of EMI to Be Approved Today, Sources Say

    April 19, 2012 12:05 AM EDT According to multiple sources, the European Commission is expected to announce Thursday its approval of the purchase of EMI Music Publishing by the Sony Corp. of America-led consortium. The news was first reported in the Financial Times. That acqu ...

  48. Sony Plans To Cut 326 EMI Music Publishing Jobs Over Two Years

    April 18, 2012 1:03 PM EDT If the consortium led by Sony Corp. of America gets approval to acquire EMI Music Publishing, it would cut 326 positions over two years to achieve $70 million in net cost savings, according to a story by Ben Sisario published in the New York Times ...

  49. Business Matters: Is Music Still Core to Sony Corp's Mission?

    April 12, 2012 5:25 PM EDT Music May Be Losing Significance to Sony Sony Corp. wants to revitalize its electronics business, but how will it use music to get there? The company announced a transformation plan Thursday that includes shedding 10,000 jobs , or 6% of its global ...

  50. Sony CEO Confirms 10,000 Job Cuts, Reorganization

    April 12, 2012 8:06 AM EDT Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs , or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years. New CEO and President Kazuo Hirai outlined hi ...

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