Electronics

  1. Online Radio Audience Jumps 30 Percent in Past Year: Study

    April 10, 2012 4:26 PM EDT A new study conducted by Arbitron Inc. and Edison Research entitled "The Infinite Dial 2012: Navigating Digital Platforms" found that the online weekly radio audience is now at an estimated 76 million Americans. The figure represents a m ...

  2. Sony Doubles Red Ink Forecast to $6.4 Billion, Worst Loss Ever

    April 10, 2012 7:56 AM EDT TOKYO (AP) - Sony Corp. more than doubled its projected annual loss to 520 billion yen ($6.4 billion), its worst red ink ever, due to a massive tax charge. With new CEO Kazuo Hirai at its helm, the Japanese electronics company said Tuesday it expe ...

  3. Sony to Cut 10,000 Jobs Worldwide: Report

    April 09, 2012 7:51 AM EDT Sony Corp. will cut about 10,000 jobs worldwide over the next year as it tries to return to profit, Japanese news reports said Monday. The Nikkei business daily and other media said Sony's decision to slash 6 percent of its work force comes a ...

  4. Read: Slash's Heartfelt Tribute to Marshall Amps Founder Jim Marshall

    April 06, 2012 4:16 PM EDT Jim Marshall, who helped shape the sound of rock with his groundbreaking amplifier designs, died Thursday at the age of 88. Jim Marshall is the founder of Marshall Amplification, which produced the amplifiers that rocked music halls and arenas aft ...

  5. Jim Marshall, Famed Founder of Marshall Amps, Dead at 88

    April 05, 2012 10:02 AM EDT Jimi Hendrix (left) with Noel Redding performing live onstage filming German TV Show 'Beat Club' in 1967 with Marshall amplifiers. ( Photo by Bob Baker/Redferns) LONDON (AP) -- Ears still ringing from the 1960s? Jim Marshall might be to ...

  6. Exclusive: Merlin Settles With Sirius for $1.6 Million

    April 04, 2012 5:00 PM EDT Independent rights group Merlin has settled its copyright-infringement lawsuit against Sirius Satellite Radio for $1.6 million. The class action lawsuit stemmed from Stiletto, a hand-held receiver that allowed Sirius subscribers to record audio br ...

  7. Exclusive: Timothy Xu Named Sony Music's CEO, Greater China

    April 04, 2012 7:44 AM EDT Sony Music has appointed former EMI exec Timothy Xu to helm its activities in the Greater China region, Billboard.biz can reveal. Xu has been named CEO of Sony Music Entertainment, Greater China, with responsibilities for China, Taiwan and Hong Ko ...

  8. Ashton Kutcher To Play Steve Jobs In Biopic

    April 02, 2012 7:00 PM EDT He's already a titan of social media, so it only makes sense that Ashton Kutcher would play the late Apple founder Steve Jobs in an upcoming biography. Kutcher's publicist confirmed Tuesday that the independent film "Jobs" will ...

  9. Sony/ATV Names Rob Wiesenthal President of International

    March 29, 2012 3:20 PM EDT Rob Wiesenthal has been named president of international at Sony/ATV Music Publishing, the company announced today. Wiesenthal, who was formerly executive VP/CFO at Sony Corp. of America and chief strategy officer for Sony Entertainment, will be b ...

  10. California Attorney General's Office Making Inquiries About EMI Music Sale: Report

    March 28, 2012 9:05 AM EDT California Attorney General Kamala Harris is making legal inquiries about the planned sale of EMI, according to two sources cited by Bloomberg . The sale of the company's recorded-music operation to Universal Music and its publishing to a Son ...

  11. Sony/ATV Offers Unspecified Concessions to European Union in EMI Music Publishing Deal

    March 27, 2012 3:49 PM EDT BRUSSELS (AP) - A group of investors led by Sony has offered concessions to the European Union to get approval for its deal to buy part of iconic British music company EMI, the bloc's competition regulator said Tuesday. Sony/ATV, a joint vent ...

  12. Sony BMG Files Motion To Dismiss Toto's Digital Music Lawsuit

    March 27, 2012 10:54 AM EDT Major record labels continue to fight recording artists on the issue of compensation for digital downloads. Most recently, The Temptations filed perhaps the biggest lawsuit on this front yet. Meanwhile, Sony BMG, which just agreed to pay $8 millio ...

  13. Backbeat: Rdio Hosts Canadian Digital Music Tech Summit

    March 26, 2012 6:37 PM EDT (L-R): Jonas Woost, Executive Producer,CBC Radio 3, and Director of Programming, transmitNOW, Scott Bagby, VP, Strategic & International Partnerships, Rdio, and Rachel Noonan, Marketing & PR, Rdio pose at the Rdio function. (Photo: Sue Hol ...

  14. Martin Bandier Signs Long-Term Contract To Remain Chairman/CEO of Sony/ATV

    March 19, 2012 8:29 AM EDT Martin Bandier has signed a long-term contact extension to remain as chairman and CEO of Sony/ATV Music, according to the company. Terms of the deal were not disclosed. In the five years since joining Sony/ATV, the company said Bandier had grown t ...

  15. Business Matters: SXSW Interactive Was Big on Parties and Celebrities, But Light on Breakthrough Products

    March 15, 2012 8:30 PM EDT SXSW Interactive Was Big on Parties and Celebrities, Light on Breakthrough Products -- During SXSW Interactive, commonly written as SXSWi, I asked 20 or more people -- music industry professionals, digital professionals, random people -- which tec ...

  16. SXSW Panel Tackles Questions, Perils of Royalty Contracts

    March 14, 2012 7:57 PM EDT Are any bands earning any money from the digital music biz? Only some are. So why isn't the rest being gobbled up by artists? Read All of Our SXSW Coverage Right Here That question and the perils of royalty contracts were addressed at this pa ...

  17. Walmart Launches Disc To Digital Service

    March 14, 2012 8:03 AM EDT LOS ANGELES (AP) -- Wal-Mart pledged to help introduce Hollywood's emerging online movie locker system to its customers, many of whom have never owned anything digital in their lives. People who own DVDs or Blu-ray discs from five participati ...

  18. SXSWi Panel Explores The Future of High Quality Audio, 4K Televisions

    March 13, 2012 10:46 AM EDT While some SXSW attendees were choosing between happy hour or Sean Parker's interview of Al Gore ("If you like platitudes, then it was great," the Los Angeles Times' Jon Healey said afterward), some fortunate people were gettin ...

  19. Sony Music Unlimited Brings Offline Playback to Android App

    March 09, 2012 6:15 AM EST Sony Music Unlimited, the all-you-can-hear music subscription service that represents Sony's answer to Spotify, MOG, Rhapsody and so on, added a crucial new feature to its Android app on Thursday: the ability to store music on an Android smar ...

  20. Sony Pays $8 Million to Settle Digital-Music Lawsuit With Cheap Trick, Allman Bros., Others

    March 08, 2012 6:30 PM EST The list of musicians suing major record labels over digital music revenue has grown during the past few months. At issue in these cases is what musicians should get when a customer on a digital outlet like iTunes buys a song or album. Soon, in a ...

  21. Alleged Michael Jackson Catalog Thieves Claim Innocence

    March 07, 2012 2:17 PM EST LONDON - Two Michael Jackson fans accused of stealing unreleased music by the late King of Pop from Sony's computers are confident they can prove their innocence in court, their lawyer said Wednesday. Solicitor Karen Todner said James Marks a ...

  22. What AT&T's New Data Limits Mean for Music Fans

    March 05, 2012 11:04 AM EST Responding to complaints about its practice of limiting data plans it sold as "unlimited," AT&T clarified the amount of wireless data its smartphone customers can use before it starts throttling their bandwidth this week. The new lim ...

  23. Ricardo Montaner Signs Recording Deal With Sony

    March 05, 2012 10:40 AM EST On The Dotted Line... (from left) Afo Verde, Sony's Chairman and CEO for the Latin Region, Spain and Portugal; Sony's head of legal affairs Barry Fiedel; Sony Music U.S. Latin general manager NIr Seroussi; and Ricardo Montaner. Venezuela ...

  24. Michael Jackson's Unreleased Tracks Among 50,000 Songs Stolen From Sony By Hackers

    March 05, 2012 6:58 AM EST Hackers have reportedly stolen more than 50,000 music files from Sony Music, including Michael Jackson's entire back catalog and a large number of unreleased songs from the late King of Pop. According to British newspaper The Sunday Times, th ...

  25. Andre Stapleton Named VP of Digital Biz Dev for Sony Music Entertainment

    February 28, 2012 4:30 PM EST Andre Stapleton has been named Vice President, Worldwide Business Development, Global Digital Business, Sony Music Entertainment, the company announced in a statement today. Michael Paull, Executive Vice President of the department, said, "In ...

  26. Toto Suing Sony For Online Royalty Payments

    February 27, 2012 4:00 PM EST Add Toto to the list of heritage acts suing their labels for not treating download sales as a license arrangement, which require 50% of net proceeds to be paid to the band, according to a lawsuit filed in the U.S. District Court for Southern New Y ...

  27. Fiona Apple Announces Tour Dates After SXSW

    February 21, 2012 2:12 PM EST It's been a good few months for long-awaited live comebacks: first Neutral Milk Hotel's Jeff Mangum comes out of hiding for an extended tour, then D'Angelo returns with a few overseas tour dates, and now Fiona Apple has announced a ...

  28. Google Wins U.S., EU Approval For $12.5 Billion Motorola Bid

    February 14, 2012 11:27 AM EST Google's $12.5 billion bid to buy cellphone maker Motorola Mobility has won approvals from U.S. and European antitrust regulators, moving Google a major step closer to completing the biggest deal in its 13-year history. Monday's blessing ...

  29. Photos: Adele's Post-Grammy Party, With Pitbull, Alicia Keys, Kelly Clarkson, Howard Stringer, Doug Morris, More

    February 13, 2012 6:45 PM EST From Left: Steve Barnett, Chairman/COO, Columbia Records; Adele; Rob Stringer, Chairman/CEO Columbia Records; Doug Morris, CEO, Sony Music Entertainment. (Photos: Sony) After winning six Grammys at the ceremony, Adele celebrated with her Sony Musi ...

  30. Anderson Acquires U.S. Distribution Rights from Sony DADC

    February 13, 2012 1:45 PM EST In a move to become the industry's backroom on CD distribution and fulfillment, Anderson Merchandisers has acquired CD distribution from Sony DADC, the company that supplies pick, pack and ship services to the Universal Music Group, EMI Music ...

  31. Google Seeking Digital Play for the Living Room, Closing to Motorolla Acquisition: Report

    February 10, 2012 1:52 PM EST Google is looking more like Apple every day. The technology giant is developing a home entertainment system that streams music wirelessly, according to a report at the Wall Street Journal . The system would be branded with Google's name and o ...

  32. Grammys Book Big Brands, Bigger Ad Rates As 30-Second Spots Command $800,000 Apiece

    February 10, 2012 12:11 PM EST The Super Bowl had its fair share of big synchs and artist appearances this year ( Billboard.biz, Feb. 6 ), but the real music-marketing showcase is the Grammy Awards. The 2011 Grammys telecast on CBS was watched by 26.6 million viewers, its large ...

  33. Apple to Unveil New iPad in March (Report)

    February 10, 2012 7:30 AM EST NEW YORK (AP) - A news report says Apple plans to unveil a new iPad early next month. AllThingsD, a website affiliated with The Wall Street Journal , says Apple Inc. is holding an event in San Francisco the first week of March - the same week Appl ...

  34. Afo Verde Appointed Chairman/CEO for Sony's Latin Region, Spain and Portugal

    February 08, 2012 12:33 PM EST Afo Verde, who since 2009 has been serving as president, Latin Region, for Sony Music Entertainment, has been promoted to the post of Chairman and CEO for the Latin Region, Spain and Portugal. Verde, who had previously overseen the label's U. ...

  35. AT&T-Samsung Sign Sponsorship Deal With Rag & Bone, Band of Horses To Play Launch

    February 08, 2012 9:00 AM EST AT&T and Samsung Telecommunications America (Samsung Mobile) has inked a sponsorship pact with hot fashion brand rag & bone for the U.S. launch of Samsung's new device, the Samsung Galaxy Note , which will be available exclusively at ...

  36. Sony Reports $2 Billion Loss in Third Quarter

    February 02, 2012 11:18 AM EST TOKYO - Sony announced net losses of 159 billion yen ($2.04 billion) for the third quarter, while Sir Howard Stringer defended his record as CEO as he handed over the reins to Kazuo Hirai. The end of year period should be the company's best q ...

  37. Sony's Kazuo Hirai to Replace Howard Stringer as CEO

    February 01, 2012 8:51 AM EST TOKYO (AP) -- Sony Corp. announced Wednesday that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president as the electronics and entertainment company tries to turn around its fo ...

  38. Neil Young: Steve Jobs Listened To Vinyl

    February 01, 2012 8:45 AM EST DANA POINT, Calif. (AP) -- Legendary rocker Neil Young took his campaign for higher-fidelity digital sound to the stage of a technology conference Tuesday, saying a giant of the industry was on his side: the late Steve Jobs. Young said the Apple c ...

  39. Sony's Tim Schaaff Answers Five Questions @MIDEM

    January 29, 2012 12:05 PM EST Sony's Music Unlimited, a cloud-based music-streaming service, has been heavily scrutinized ever since its launch as Qrocity last year. Initially plagued by a hacking scandal that affected some 77 million accounts across Sony's PlayStati ...

  40. Richard Sanders Appointed President of Kobalt Music Group

    January 27, 2012 12:46 PM EST Willard Ahdritz, Founder and CEO of Kobalt Music Group, today announced the appointment of Richard Sanders as President. Sanders, who will be based Kobalt's New York office, will report to Kobalt CEO and founder Willard Ahdritz. In the newly ...

  41. Billboard Power 100: Hartwig Masuch

    January 26, 2012 8:00 PM EST No. 44 Hartwig Masuch CEO BMG Rights Management Twitter: @bmgrm The Rights Stuff... Private equity powerhouse Kohlberg Kravis & Roberts invested in Bertelsmann's BMG Rights Management division in 2009 to form a publishing joint venture th ...

  42. Billboard Power 100: Martin Bandier

    January 26, 2012 5:50 PM EST No. 4 Martin Bandier Chairman/CEO Sony/ATV Music Publishing The Publisher... S ince taking the helm of Sony/ATV Music Publishing in April 2007, Martin Bandier transformed the once-sleepy major publisher into a contender for every big deal that com ...

  43. Business Matters: iTunes Global Revenue Was $6 Billion In 2011

    January 25, 2012 8:27 PM EST iTunes Global Revenue Was $6 Billion In 2011 -- Lost among some spectacular numbers in Apple's earnings release on Tuesday was a sign of impressive growth at iTunes. Global iTunes sales rose to $1.7 billion in the quarter ended Dec. 31. That ...

  44. Rdio, Rara Launch Subscription Streaming In Australia

    January 20, 2012 10:42 AM EST Australia's streaming music marketplace is finally making strides with the launch this week of Rdio and Omnifone-powered Rara.com. Rdio monthly subscriptions are priced at Australian $8.90 ($9.25) for Net-only access or Australian $12.90 ($13 ...

  45. CES 2012: 8 Cool Things

    January 13, 2012 4:15 PM EST The music industry was all over Las Vegas this week, from Will Smith and Kelly Clarkson at Sony's presentation, Justin Timberlake's cameo at MySpace's TV announcement and Justin Bieber helping Tosy Robotics pitch a new dancing robot ...

  46. CES Quick Hit: Motorola's MOTOACTV Monitors Your Best Workout Songs

    January 13, 2012 3:17 PM EST Time After Time: Motorola's MOTOACTV allows users to track which songs pump them up. If you always suspected that Nine Inch Nails' "March of the Pigs" made you run just that much faster during your workouts, now, there's a ...

  47. Apps Reshaping Digital Media Consumption At 2012 CES

    January 13, 2012 8:50 AM EST App -titude test: The floor of the 2012 CES Convention Hall in Las Vegas Las Vegas -- The annual International Consumer Electronics Show (CES) in Las Vegas is all about gadgets. But as this year's confab demonstrated, some of the most excitin ...

  48. Business Matters: Sony's Music Unlimited Coming to iOS Devices

    January 12, 2012 6:54 PM EST Business Matters: Sony's Music Unlimited Coming to iOS Devices -- Sony's Music Unlimited subscription service will be available for the iOS platform this quarter. Tim Schaaff, head of Sony Entertainment Network, broke the news at CES Wed ...

  49. CES Quick Hits: Tim, Chris Vanderhook on Making MySpace TV 'Complete TV Experience'

    January 11, 2012 7:44 PM EST LAS VEGAS -- Just what exactly is MySpace TV ? As described by Tim and Chris Vanderhook, MySpace's new owners at Specific Media, it's a "linear TV experience" for the app-heavy smart TV marketplace. Launching on Panasonic' ...

  50. TuneCore Expands Into Canada

    January 11, 2012 2:40 PM EST Brooklyn, NY-based TuneCore has expanded its music and video distribution service into Canada. The site, www.tunecore.ca , is exclusive to Canadian artists. The music is priced in Canadian currency and there is no currency conversion on domestic s ...

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