Elevation Partners

  1. Google Goes for Digital Living Room -- Again -- With Nexus Q Streaming Device

    June 28, 2012 10:45 AM EDT the company announced http://www.billboard.biz/bbbiz ...

  2. Business Matters: Sonos Lands $135 Million for the Future of the Digital Living Room

    June 18, 2012 5:49 PM EDT Sonos Radises $135 Million For Digital Living Room Some major investors appear to be betting that living rooms are finally ready for digital music. Sonos , the maker of digital music listening equipment for the home, has raised $135 million in a r ...

  3. Business Matters: Yahoo! Music Says 'Yoo-Hoo!'

    May 24, 2012 6:42 PM EDT Business Matters: Yahoo Music Says 'Yoo-Hoo!' (With 27 million Monthly Visitors) -- What has 27 million U.S. visitors each month and seems to get less attention in the music business than many music blogs? Yahoo! Music. Yahoo! Music did ...

  4. Business Matters: Bono Will Make Maybe $10 Million, Not $1.5 Billion, From Facebook's IPO

    May 18, 2012 3:26 PM EDT Bono Will Make Millions -- But Not Billions -- Off Facebook's IPO Bono is rich but not as rich as you have been led to believe in the last few days. A report at NME.com , which was picked up by Spinner, Huffington Post and the New York Post ( ...

  5. Business Matters: U2's Bono, the Edge Invest in Dropbox

    April 02, 2012 7:58 PM EDT U2's Bono, the Edge Invest in Dropbox -- U2's Bono and the Edge are investors in file-hosting service Dropbox, the company announced via Twitter. A picture included with the tweet shows the two musicians with Dropbox co-founders Drew Hou ...

  6. Bono, Elevation Partners Set to Win Big From Facebook Sale

    February 02, 2012 2:44 PM EST Months after Bono finished a 3-year tour that grossed a record $736 million, the U2 singer is set to capitalize on one of the biggest stock IPOs in U.S history. Facebook Files For IPO, Hopes to Raise $5 Billion Bono is managing director and co-fou ...

  7. Retail Briefs: McNamee To Give NARM Keynote, Birdel's Records Shutters, March Is Metal Madness

    February 28, 2011 4:15 PM EST Elevation Partners' McNamee To Give NARM Keynote Address -- Elevation Partners' Roger McNamee will make the keynote address at the NARM Convention's "Digital Breakfast," to be held on the last day of the confab, which runs ...

  8. Elevation Eyes Big Stake In Pandora

    August 25, 2010 12:00 AM EDT Private equity firm Elevation Partners is looking to acquire shares in Internet radio service Pandora, according to a report on TechCrunch. It reports that Elevation Partners "has signed a letter of intent to acquire a large chunk of shares i ...

  9. Business Matters: CRB, Ringtone Royalties, Vevo, Zune and more

    June 28, 2010 12:00 AM EDT COURT UPHOLDS CRB DECISION -- Last week, the U.S. Court of Appeals for the D.C. Circuit upheld a 2009 decision by the Copyright Royalty Board that set the mechanical royalty rate for ringtones at 24 cents. The judges found that the CRB’s decision ...

  10. Business Matters: TuneCore, MySpace Music, Merch Tips, Bono and More

    April 29, 2010 12:00 AM EDT -- TuneCore has a marketing partnership with MySpace Music that will get MySpace Music-registered artists – which is just about everybody – a 50% discount on TuneCore distribution. That drops the fee for an album sold in 19 stores to $23.49. In ad ...

  11. Pre Helps Palm Narrow Loss, Unveils Share Sale

    September 18, 2009 12:00 AM EDT Robust sales of the Pre smartphone helped Palm Inc post a smaller-than-expected loss, but a tepid second-quarter sales forecast and a plan to sell more shares helped snuff out a rally and sent its shares down nearly 2% on Thursday. Palm, which has ...

  12. Palm Unveils Pixi Phone, May Be Overshadowed

    September 09, 2009 12:00 AM EDT Palm Inc on Wednesday announced a lower-priced smartphone in the same family as its popular Palm Pre smartphone, although the move may be overshadowed by rival product launches by Motorola Inc and Apple Inc. Palm said it will start sales of the Pi ...

  13. Editorial: Give It Away

    August 17, 2009 12:00 AM EDT In 1980, I was in a band that was poised to go for it when one of the core members chickened out. With my dream on hold, I took a day job in venture capital that worked out better than I could have imagined. During the past 27 years, I have been a ...

  14. Les Bider Joins Bono's Elevation Partners

    May 23, 2006 12:00 AM EDT Elevation Partners, the private equity firm co-founded by U2 frontman Bono, has its eyes set on the music business, and now has a management executive ready to oversee its investments in the industry: Elevation Partners, the private equity firm co ...

  15. Eidos Nixes Elevation Deal, Turns To SCi

    April 12, 2005 12:00 AM EDT U2's Bono might not get involved in the videogame industry after all. NEW YORK (The Hollywood Reporter) -- U2's Bono might not get involved in the videogame industry after all. About two weeks after accepting an all-cash takeover bid by ...

  16. Eidos Accepts Elevation Buyout; SCi Makes Play

    March 29, 2005 12:00 AM EST U.K. videogame maker Eidos Plc. said March 22 that it has agreed to a $136.3 million all-cash acquisition by Silicon Valley private equity firm Elevation Partners, whose partners include U2 singer Bon NEW YORK (The Hollywood Reporter) -- U.K. vide ...

  17. Report: Bono Joining Venture Capital Firm

    June 15, 2004 12:00 AM EDT Tech, videogame vets are founders. Bono, lead singer for rock band U2, has joined a Silicon Valley venture capital firm that plans to invest in media and entertainment projects, according to a published report. The 44-year-old singer is joining th ...