Internal Revenue Service

  1. Morning Fix: Behind Coke's Music Strategy; Labels Should've Bought into Napster, Says Lawyer; Pono Kickstarter Ends with a Bronze Medal

    April 16, 2014 8:45 AM EDT Get the Morning Fix Delivered To Your Inbox HERE COKE’S JOE BELLIOTTI TALKS WORLD CUP AND COCA-COLA’S GLOBAL MUSIC STRATEGY (Q&A) Belliotti will speak on the panel "Goooaall!!!! The Making and Marketing of the Music for the World Cup" ...

  2. The Tax Man Cometh: 10 Artists That Got Unpleasant IRS Attention

    April 15, 2014 10:53 AM EDT With the deadline for IRS Tax filing today (Tuesday, April 15, folks!), here's a reminder that no man is safe from Uncle Sam and his gang of tax men -- no matter how talented they are. Willie Nelson In 1990 the IRS notified Nelson that he owe ...

  3. Michael Jackson Estate's Valuation ($2,105) Vs. IRS' MJ Valuation ($434 Mil.): Guest Post

    November 11, 2013 1:55 PM EST Michael R. Morris is an attorney with Valensi Rose PLC and is based in Los Angeles, California. As a former trial lawyer for the IRS and a Certified Specialist in Taxation Law, Michael has the educational background and practical experience that ...

  4. Owner of Jenni Rivera Plane Denies Drug Connections

    December 15, 2012 5:45 PM EST The man who runs the business that owns a luxury jet that crashed and killed Latin music star Jenni Rivera says he has never been involved in drug trafficking and that the U.S. Drug Enforcement Administration has dogged him for more than two decad ...

  5. Owner of Jenni Rivera Plane Under Investigation by DEA

    December 14, 2012 1:26 PM EST The company that owns a luxury jet that crashed and killed Mexican pop superstar Jenni Rivera is under investigation by the U.S. Drug Enforcement Administration, and the agency seized two of its planes earlier this year as part of the ongoing prob ...

  6. Jenni Rivera Crash Investigation Raises Startling Legal Questions Over Airplane, Owner and Pilot

    December 12, 2012 4:47 PM EST Jenni Rivera was "in the final stages" of buying the Lear Jet on which she and six others were killed Sunday when the plane crashed in Mexico, according to Christian E. Esquino Nuñez, who, the Los Angeles Times blog reported, identified ...

  7. Businessman Connected to Plane Carrying Jenni Rivera Falsified Flight Logs

    December 12, 2012 7:40 AM EST A Mexican businessman with connections to the plane that crashed with Jenni Rivera and six others onboard Sunday has been convicted of falsifying aircraft records, counterfeiting government inspection stamps, and drug-trafficking charges, accordin ...

  8. Chris Lighty 1968-2012: From The Bronx to Native Tongues to Top Hip-Hop Exec

    August 30, 2012 8:09 PM EDT At press time, industry colleagues and artists were trying to come to grips with the unexpected death of Chris Lighty. The savvy entrepreneur and hip-hop visionary, who founded the game-changing company Violator Management, died this morning of an ...

  9. Chris Lighty: 1968-2012

    August 30, 2012 7:35 PM EDT At press time, industry colleagues and artists were trying to come to grips with the unexpected death of Chris Lighty. The savvy entrepreneur and hip-hop visionary, who founded the game-changing company Violator Management, died the morning of Aug ...

  10. How To Best Support The Artists You Love: Show Them The Money

    July 12, 2012 6:15 PM EDT Earlier this summer, the Internet was lit up-even more than usual-with debate about music in the digital age. The inciting moment was NPR intern Emily White's June 16 blog post, "I Never Owned Any Music to Begin With." White wrote a ...

  11. R. Kelly Owes Nearly $5M In Taxes: Documents

    June 14, 2012 8:11 PM EDT R&B star R. Kelly, who last year saw his suburban Chicago mansion fall into foreclosure, now has the Internal Revenue Service at his door. The Chicago Sun-Times reports documents held by the Cook County Recorder of Deeds show the recording art ...

  12. Fader Label Appoints Michael Plen EVP, Tacie Van Liew Marketing Director

    June 12, 2012 8:05 AM EDT Fader Label made an executive level hiring and promoted another staff member to a director position in an effort to continue building the growing label arm of the company, which launched in 2002. Michael Plen was hired as executive vice president, ...

  13. Lauryn Hill Charged With Failing to File Federal Tax Returns

    June 07, 2012 4:40 PM EDT NEWARK, N.J. (AP) -- Federal prosecutors have charged Lauryn Hill with willfully failing to file income tax returns with the IRS. Authorities say Hill earned more than $1.6 million during the three years that she failed to file returns. Prosecutor ...

  14. Business Matters: Inside SoundExchange's 2010 and 2011 Numbers

    December 23, 2011 10:10 AM EST The Inevitability of Unpaid Royalties: SoundExchange's 2010 & 2011 Numbers -- SoundExchange, the non-profit organization tasked with collecting and distributing royalties from non-interactive webcasters, paid out $250 million to artists a ...

  15. Business Matters: Are Kickstarter Pledges Taxable Income?

    August 01, 2011 5:35 PM EDT Are Kickstarters Engaging In Off-Shore Accounting Practices -- Is Kickstarter money taxable? The site allows fans to fund a wide range of creative projects - books, movies, videos, albums, tours - in return for a reward based on the level of the p ...

  16. James Rosemond, Hip-Hop Mogul Linked to Tupac Shooting, Arrested on Drug Charges

    June 22, 2011 7:33 AM EDT NEW YORK - A fugitive hip-hop mogul recently linked by a convicted killer to a shooting that wounded Tupac Shakur was arrested Tuesday in a drug case after he was discovered hiding out at a popular Manhattan hotel. Drug Enforcement Administration ...

  17. IRS Records to be Relaunched by EMI, Crush Management

    June 15, 2011 2:10 PM EDT EMI, Crush Management Relaunching IRS Records Nearly fifteen years after I.R.S. Records closed its doors, the once-iconic label is being re-launched by EMI Music North America and New York-based company Crush Management. The new arrangement comes ...

  18. Ozzy, Sharon Osbourne Owe IRS $1.7 Million

    April 12, 2011 7:15 AM EDT Reality stars Ozzy and Sharon Osbourne have racked up over $1.7 million in unpaid back taxes. The IRS has placed a lien on the couple's Los Angeles home until they return the money, TMZ reports. The Osbournes allegedly owe the government $718 ...

  19. SoundExchange Payments Up 55% In 2009

    December 22, 2010 12:00 AM EST SoundExchange, the organization that collects royalties for streaming sound recordings, increased its payouts to artists and rights owners by 55% in 2009, according to information in its recently filed IRS Form 990. Distributions to artists increa ...

  20. Apple Manager Charged With Taking Kickbacks

    August 16, 2010 12:00 AM EDT A manager at Apple Inc has been charged in California with taking kickbacks he received after leaking corporate secrets to Asian companies that supplied iPhone and iPod accessories, court documents showed. Paul Shin Devine, a global supply manager ...

  21. Wyclef Jean Registers As Haiti Presidential Contender

    August 06, 2010 12:00 AM EDT Haitian hip-hop star Wyclef Jean registered as a presidential contender on Thursday (Aug. 5), in a move into politics that generated an outburst of popular enthusiasm in his poor, earthquake-ravaged homeland. "I would like to tell President B ...

  22. Suge Knight, Kanye West Face Off Over Lawsuit

    June 21, 2010 12:00 AM EDT Marion "Suge" Knight and Kanye West faced off over a beef involving a bullet - with a conference table between them. The two rap titans were there for West to answer questions about a celebrity-packed Miami Beach party where an unknown g ...

  23. Suge Knight Vs. Kanye In Florida Courtroom

    April 08, 2010 12:00 AM EDT A rap music smackdown looms in a federal courtroom between oft-troubled impresario Marion "Suge" Knight and Kanye West over a shooting at a star-studded Miami Beach party. Knight, founder of Death Row Records, was shot in the right leg i ...

  24. Groups Raise Doubts About Wyclef Jean's Charity

    January 15, 2010 12:00 AM EST Groups that vet charities are raising doubts about the organization backed by Haitian-born rapper Wyclef Jean, questioning its accounting practices and ability to function in earthquake-hit Haiti. Even as hundreds of thousands of dollars poured in ...

  25. Death Row Assets Auctioned For $18 Million

    January 15, 2009 12:00 AM EST The assets of Death Row Records, said to include master recordings of Tupac Shakur, Snoop Dogg and Dr. Dre, were auctioned off today (Jan. 15) for $18 million to WIDEawake Entertainment Group, a development company out of Canada. Because of the le ...

  26. Purported New Guns N' Roses Tracks Hit The Web

    June 19, 2008 12:00 AM EDT Nine purported "mastered, finished" tracks from Guns N' Roses' 14-years-in-the-making album "Chinese Democracy" were leaked online yesterday (June 18) by the Web site Antiquiet.com, prompting a quick cease-and-desist ...

  27. BMG Names Butzky Strategic Marketing VP

    January 14, 2008 12:00 AM EST Claudia Butzky has been named VP of strategic marketing for the BMG Label Group. Butzky reports to Donna Clower, senior VP of that department, and will continue to be based in New York. Butzky was most previously VP of digital sales and retail mar ...

  28. Isley Sentenced To Three Years For Tax Evasion

    September 05, 2006 12:00 AM EDT Ronald Isley has been sentenced to three years and one month in prison for tax evasion. The 65-year-old R&B singer was also ordered to pay $3.1 million in back taxes to the Internal Revenue Servic Ronald Isley has been sentenced to three y ...

  29. RCA Music Group Ups Butzky

    December 05, 2005 12:00 AM EST Label vet promoted to VP of sales and retail mktg. Claudia Butzky has been promoted to VP of sales and retail marketing for RCA Music Group. Butzky will continue to report to Kevin Twitchell, senior VP of sales for RCA Music Group and will be base ...

  30. Ronald Isley Convicted Of Tax Evasion

    November 02, 2005 12:00 AM EST Could face up to 26 years in prison. R&B singer Ronald Isley was convicted of multiple counts of tax evasion Monday and could face up to 26 years in prison when he is sentenced. A federal jury convicted Isley, 64, of five counts of tax evasion ...

  31. Embezzlement Scandal Hits SGA

    September 06, 2005 12:00 AM EDT A federal criminal investigation is under way after $1.25 million in songwriter royalties were allegedly embezzled from the Songwriters Guild of America by its longtime royalty manager Marsha Aiken an NEW YORK -- A federal criminal investigation i ...

  32. Embezzlement Scandal Hits SGA

    September 02, 2005 12:00 AM EDT A federal criminal investigation is under way after $1.25 million in songwriter royalties were allegedly embezzled from the Songwriters Guild of America by its longtime royalty manager Marsha Aiken an A federal criminal investigation is under way ...

  33. Clear Channel To Spin Off Concerts Division

    May 03, 2005 12:00 AM EDT In a surprising move, Clear Channel Communications has announced that it will spin off 100% of Clear Channel Entertainment, the radio giant's live concert division it purchased as SFX in 2000 for $4.5 NASHVILLE -- In a surprising move, Clear ...

  34. Clear Channel To Spin-Off Concerts Division

    April 29, 2005 12:00 AM EDT Becker to exit CCE; joint-venture in the works. In a surprising move, Clear Channel Communications has announced that it will spin-off 100% of Clear Channel Entertainment, the radio giant's live concert division it purchased as SFX in 2000 fo ...

  35. Clear Channel To Spin-Off Concerts Division

    April 29, 2005 12:00 AM EDT Becker to exit CCE; joint-venture in the works. In a surprising move, Clear Channel Communications has announced that it will spin-off 100% of Clear Channel Entertainment, the radio giant's live concert division it purchased as SFX in 2000 fo ...

  36. A Goo Goo Comes Home: Mining The 'Underbelly' Of His Local Rock Scene

    March 15, 2005 12:00 AM EST After 20-plus years living life as a Goo Goo Doll, you start to believe there's a magic "record fairy" that takes your hard work and gets it into the stores and onto the radio and sends you a plaque f Robby Takac is bassist for the ...

  37. R&B Hitmaker Pleads Guilty In Royalty case

    January 14, 2005 12:00 AM EST Norman Whitfield, who co-wrote R&B classics such as "I Heard It Through the Grapevine" and "Papa Was a Rolling Stone," pleaded guilty to failing to report more than $2 million in royalty income, a Norman Whitfield, who ...

  38. Short Session Could Hold Up Industry Bills

    May 31, 2004 12:00 AM EDT The second session of the 108th Congress will be a short one. Congress has only about three weeks left to wrap up its entire legislative calendar. This includes top priorities such as deliberations on Short Session Could Hold Up Industry Bills Hea ...

  39. Senator Introduces Bill To Benefit Songwriters

    February 26, 2004 12:00 AM EST Sen. Jim Bunning, R-Ky., today (Feb. 26) introduced the Senate version of the Songwriters Capital Gains Tax Equity Act. The bill amends the Internal Revenue Service Code to allow songwriters to claim Sen. Jim Bunning, R-Ky., today (Feb. 26) introd ...