Roger Faxon

  1. Morning Fix: Rara Expands; Today's Apple Event; Bertelsmann, KKR & EMI; ATP Merger

    October 23, 2012 7:36 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters RARA ADDS IOS, EXPANDS MUSIC CATALOG, PARTNERS WITH LENOVO: On-demand subscription music company Rara has launched its service on Apple's iPad and iPhones , as well de ...

  2. Roger Faxon Joining Board of British TV Network ITV

    October 22, 2012 1:23 PM EDT Roger Faxon, former CEO of EMI Group Ltd, is joining the board of the UK's Independent Television Authority (ITV) as a non-executive director effective Oct. 31 2012, according to a release sent out by the network. "Roger will bring to th ...

  3. Apple's Internet-Radio Service Faces Many Snags, Not Just Sony/ATV

    October 01, 2012 4:57 PM EDT While digital and satellite radio services may have another level of negotiations to navigate for Apple's forthcoming radio service, a report last week by the New York Post claiming that Sony/ATV Music Publishing is the snag holding up the la ...

  4. Lyor Cohen and Warner Music Group: What Are the Next Moves? Insiders Weigh In

    September 28, 2012 4:04 PM EDT Below is the story "Lyor Mulls Next Move" -- an in-depth look at the options facing Lyor Cohen who this week stepped down as CEO of WMG's recorded music and how WMG may fill the vacancy -- from this week's edition of Billboard ...

  5. Universal Completes $1.9 Billion EMI Recorded Music Acquisition

    September 28, 2012 8:47 AM EDT LONDON - Vivendi's Universal Music Group said Friday that it has completed the $1.9 billion acquisition of EMI's recorded music arm. "This is a next step towards ensuring the health of our industry," said UMG chairman and CEO L ...

  6. Morning Fix: Katy Perry Named Woman of the Year; Lyor Cohen Speculation; Maybach Music Tour

    September 26, 2012 7:43 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. KATY PERRY NAMED BILLBOARD WOMAN OF THE YEAR: Billboard has announced that Katy Perry will accept its coveted Woman of the Year Award at the 2012 Billboard Women in Music ...

  7. Lyor Cohen, Post Warner Music: Who Will Replace Him, and What's His Next Move?

    September 24, 2012 9:57 PM EDT Lyor Cohen's imminent departure from Warner Music Group sent a tremor through the music industry on Monday and sparked speculation on the inevitable management shuffle around the industry to replace the colorful hard-nosed executive. Cohen, r ...

  8. Universal Music CEO Lucian Grainge Says He'll 'Double A&R Investment' at Capitol, Virgin

    September 24, 2012 2:47 PM EDT Universal Music Group CEO Lucian Grainge was in bullish form late on Friday as in the wake of his company's acquisition of EMI Music finally clearing EU and US regulatory hurdle s. It was a long road that officially began when EMI went on the ...

  9. From This Week's Billboard: EMI Opens Up The Vault

    September 21, 2012 2:04 PM EDT Below is an excerpt from the feature story "EMI Opens Up The Vault" -- a look at EMI's attempts to create an API to encourage app development -- from this week's edition of Billboard Magazine, which also features our cover stor ...

  10. Universal Music-EMI Update: Where the Deal Stands Before Things Heat Up This Week

    August 24, 2012 5:13 PM EDT While things have been a bit quiet recently around the Universal Music Group's proposed acquisition of EMI, expect them to heat up toward the end of this week and especially after the Labor Day weekend. Universal/EMI: Deal Looks Likely to Be ...

  11. EMI Reports Fiscal Year Loss Due to Writedown

    August 07, 2012 5:30 PM EDT Music company EMI recorded a pre-tax loss of £349 million ($546 million) for the fiscal year ending March 31, down from the year before due to a writedown, the Guardian reported , citing an internal company memo. The £372 million ($582 million) ch ...

  12. Read: EMI CEO Roger Faxon's Letter to Staff About Universal Deal

    July 27, 2012 4:16 PM EDT Today, not long after Universal Music submitted the long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission , moving the process one big step closer to a conclusion. EMI Group C ...

  13. Updated: Layoffs at EMI Music Publishing

    July 10, 2012 1:10 PM EDT As expected, layoffs have begun at EMI Music Publishing, in the wake of the completion of the company's acquisition by a Sony Corp. of America-led consortium on June 29. Sony-Led Group Closes Purchase of EMI Music Publishing At that close of ...

  14. Opinion: Music Labels Are No Longer Gatekeepers, by David Balto

    June 27, 2012 1:28 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division has fostered no small amount of conversation, opinion and commentary, and we're happy to host all three on ou ...

  15. Opinion: Universal-EMI Senate Hearings Filled With Misinformation, Missed Opportunities

    June 26, 2012 5:14 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division was a symphony of mission statements, missed opportunities and misinformation. Amid it all, there were some solid ...

  16. Music Execs Debate Promise and Threats of Universal-EMI Merger at Senate Hearing

    June 21, 2012 8:28 PM EDT Some of the music industry's top music executives painted various pictures of the Universal Music Group-EMI merger at a Senate Judiciary subcommittee hearing Thursday afternoon. It was a rare opportunity to see well-known executives queried a ...

  17. Universal's EMI Deal Approved By New Zealand Regulators

    June 21, 2012 10:05 AM EDT Universal's proposed acquisition of EMI Music has been approved by the New Zealand Commerce Commission - the first jurisdiction in the world to do so. Universal Music Group was notified of the regulatory approval earlier today (June 21) and i ...

  18. Highlights From Azoff, Grainge, Bronfman Testimony in Today's Universal-EMI Senate Hearing

    June 21, 2012 8:01 AM EDT At 1:30 p.m. today, the head of Universal Music Group and EMI will appear before a Congressional hearing to argue for the proposed sale of EMI's music catalog to Universal. Both Lucian Grainge and Roger Faxon will act as witnesses in support ...

  19. Billboard's Live Blog On The U.S. Senate's Hearing On Universal-EMI Merger

    June 21, 2012 7:31 AM EDT The Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights will hold a hearing on the Universal Music Group-EMI merger at around 2pm ET today, Thursday, June 21 and Billboard.biz is live blogging it here (see below). Business Mat ...

  20. More Adam 'MCA' Yauch Tributes: CeeLo Green, Roger Faxon, Chris Lighty, Michael Stipe, More

    May 04, 2012 3:08 PM EDT More artists, executives, and celebrities have taken to social media to express sadness or pay tribute to Adam "MCA" Yauch of the Beastie Boys, who died today at the age of 47 . We've compiled some below, and more can be found here ...

  21. EMI Music Japan Expanding Despite Impending Sale, Announces EMI Rocks Will Be Annual Event

    March 21, 2012 4:30 PM EDT From left: Ryo Takagi Producer of EMI Rocks; EMI Japan President & CEO San-e Ichii; EMI Group CEO Roger Faxon backstage at EMI Rocks 2012 at the Saitama Super Arena outside of Tokyo. (Photo: Rob Schwartz) Despite its unclear situation due to t ...

  22. The Beatles: Coming Soon to a (Digital) Jukebox Near You

    March 16, 2012 6:59 PM EDT Thirteen Beatles studio albums in addition to their Past masters, "Red," "Blue," and "1" collections will be featured on TouchTunes' 50,000 digital jukeboxes starting April 1. TouchTunes is the largest out-of-hom ...

  23. It's Official: Mike Dungan Appointed Chairman & CEO of Universal Music Nashville

    February 29, 2012 12:42 PM EST As Billboard.biz exclusively reported last week, Mike Dungan -- no. 85 on Billboard's recent "Power 100" list -- has been appointed chairman & CEO of Universal Music Nashville Entertainment, the company announced in a statement ...

  24. Mike Dungan Leaving Capitol Nashville for Universal

    February 23, 2012 5:54 PM EST Multiple sources tell Billboard.biz that Capitol's President/CEO Mike Dungan - no. 85 on Billboard's recent "Power 100" list -- will soon be moving over to Universal Nashville. Sources close to the deal confirmed the move, and ...

  25. Billboard Power 100: Roger Faxon

    January 27, 2012 10:00 AM EST No. 24 Roger Faxon CEO EMI Group Riding The Wave... Circumstances have rendered Roger Faxon, CEO of EMI Group since mid-2010, the industry's most prominent lame-duck executive. Citigroup's auction of EMI last year ended with a Sony-led c ...

  26. Read: EMI CEO Roger Faxon's FAQ to Staff Explaining Procedure for Universal, Sony Deals

    November 14, 2011 7:36 AM EST Late Friday, EMI CEO Roger Faxon circulated a note to the company's staff regarding the sale of the company's recorded-music division to Universal and its publishing unit to Sony . "Truly there are some very serious consequences for ...

  27. Read: EMI CEO Roger Faxon's Memo to Staff About Universal Sale

    November 11, 2011 12:21 PM EST Below is EMI CEO Roger Faxon's memo to his staff, circulated today and obtained by Billboard.biz, in which he addresses the sale of the company's recorded-music to Universal and said he hopes to be able to discuss the publishing division ...

  28. The Music Industry Reacts To Steve Jobs' Resignation as Apple CEO

    August 25, 2011 5:00 PM EDT No Worries in Music Industry as Apple Gets New CEO The earth did not stop turning when Steve Jobs, the executive most responsible for transforming how music is purchased, distributed and experienced in the digital age, resigned as Apple's CEO ...

  29. EMI Gears Up for 'Possible Sale' -- Read CEO Roger Faxon's Memo to Staff

    June 20, 2011 3:23 PM EDT EMI issued a statement on Monday saying that it has launched an effort to find a new owner, among other "strategic alternatives." The company's board "has initiated a process to explore and evaluate potential strategic alternat ...

  30. EMI To Be Sold By Citi As One Unit

    April 12, 2011 7:18 AM EDT Citigroup (C.N), which got control of the world's fourth-largest record company EMI from British financier Guy Hands in February, plans to sell the company as a whole, the New York Post reported, citing sources. EMI Chief Executive Roger Faxo ...

  31. EMI Combining Sync and Licensing Departments

    April 07, 2011 4:07 PM EDT EMI is combining the synchronization and licensing staffs of its North American publishing and record label operations and putting them under one roof. The move helps the company execute a global rights management strategy initiated by Roger Faxon ...

  32. Robin Gibb, Roger Faxon To Give Keynotes At 2011 World Copyright Summit

    February 23, 2011 3:30 PM EST The World Copyright Summit, to be held June 7-8 in Brussels, has announced its schedule. The event will feature a slate of keynote speakers, including the WIPO director general Francis Gurry, two European Commission officials, CISAC president Robi ...

  33. How Citigroup Outfoxed Guy Hands In Its Takeover Of EMI

    February 03, 2011 2:15 PM EST While press reports on Citigroup's takeover of EMI are rife with phrases about how the bank "seized control" (New York Post) in a "surprise move" (Los Angeles Times) that apparently caught Terra Firma chairman Guy Hands of ...

  34. Exclusive: EMI CEO Roger Faxon Talks Citigroup Takeover

    February 01, 2011 5:42 PM EST On the day that Citigroup assumed control of EMI , EMI Group CEO Roger Faxon was a busy man, but he took a few minutes to talk with Billboard . Billboard : This deal gives Citigroup a lot more flexibility and it gets EMI out of the Terra Firma box ...

  35. Citigroup Takes Over EMI

    February 01, 2011 11:36 AM EST Citigroup has acquired EMI Group and has recapitalized the major label group in a debt-for-equity swap, the two sides announced Tuesday. As a result, the company's debt has been reduced by 65% from £3.4 billion to £1.2 billion, and the compan ...

  36. Beatles On iTunes: The Story Behind the Deal

    November 16, 2010 12:00 AM EST From the day iTunes launched nearly 10 years ago, the questions started over when the Beatles catalog would be added to the digital music store. As iTunes influence grew in scope and power -- eventually becoming the world's largest digital re ...

  37. Roger Faxon's Plan For EMI

    September 07, 2010 12:00 AM EDT Putting his stamp on EMI Group, newly appointed CEO Roger Faxon is moving the company back to a strong centralized leadership and away from the so-called "matrix structure" which was organized around function and had been in place since ...

  38. EMI Pub Australia MD John Anderson To Depart

    July 20, 2010 12:00 AM EDT EMI Music Publishing Australia’s long-time managing director John Anderson is leaving the company, Billboard.biz can reveal. Anderson, a 34-year stalwart with the music publisher, will leave the company this August. His successor is EMI Music Publ ...

  39. Business Matters: BMI, John Lennon, Foursquare, Lilith and more

    June 30, 2010 12:00 AM EDT INTERIM FEE AGREED ON -- BMI and the Radio Music License Committee have agreed on an interim fee starting August 1 that will reduce the radio industry’s fee to $192 million from $217 million. BMI had previously agreed to the lower fee (reduced 7% ...

  40. Business Matters: Roger Faxon, EMI, VC Funding, Price Wars and more

    June 22, 2010 12:00 AM EDT EMI'S DEDICATION TO A&R -- After Roger Faxon was named head of EMI Music , some people in the business press were under the impression that EMI would become either more committed to publishing or less committed to new artist development. ...

  41. Newly Appointed EMI CEO Faxon Talks Future Challenges

    June 18, 2010 12:00 AM EDT Newly appointed EMI Group CEO Roger Faxon, who has helmed EMI Music Publishing since 2007, will now be in charge of leading of all of the major's operations, including its recorded music business. In an interview to be published in next week& ...

  42. EMI Ups Roger Faxon To Group CEO

    June 18, 2010 12:00 AM EDT Roger Faxon , chairman and chief executive of EMI Music Publishing since 2007, has now been put in charge of the recorded music division, too. EMI announced the appointment today as part of an overhaul of the management structure "to enable t ...

  43. 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 ...

  44. Qtrax, EMI Publishing Extend License Deal

    March 04, 2008 12:00 AM EST Qtrax has received a major boost. The ad-supported peer-to-peer file sharing service, whose entry to market unravelled in spectacular fashion during the recent MidemNet trade fair, has signed an extension to its digital distribution licensing agre ...

  45. EMI Publishing Promotes Corbett, Kelly

    January 22, 2008 12:00 AM EST The latest changes at EMI Group see EMI Music Publishing promote Leo Corbett to COO and Thomas Kelly to CFO. Corbett was executive VP/CFO for the publisher; Kelly was executive VP of finance. Corbett has spent the past year overseeing the implemen ...

  46. EMI Music Pub Promotes Platt, McCarroll

    October 17, 2007 12:00 AM EDT EMI Music Publishing has promoted Big Jon Platt to president, West Coast creative, and Dan McCarroll to executive VP, East Coast creative, Billboard.biz has learned. Chairman/CEO Roger Faxon is expected to make the announcement on Wednesday. Platt ...

  47. EMI Music Pub Ups McCarroll

    April 27, 2007 12:00 AM EDT EMI Music Publishing has promoted Dan McCarroll to senior VP and head of the east coast creative department. He was previously VP of the west coast office. McCarroll, who has already relocated from Los Angeles to New York City, will be responsible ...

  48. Flax To Exit EMI Music Publishing

    March 08, 2007 12:00 AM EST Robert Flax, EMI Music Publishing vice chairman, will be leaving the publisher on March 31. Flax was named vice chairman last August, a new position created for him by then co-CEOs Marty Bandier and Roger Faxon. Previously, he was president of U.S ...

  49. Faxon Takes Top Role At EMI Publishing

    March 06, 2007 12:00 AM EST Roger Faxon has taken the reins at EMI Music Publishing, parent company EMI Group confirmed this morning. With immediate effect, Faxon becomes chairman/CEO of the music publishing giant, succeeding outgoing long-time chief Martin Bandier, who rece ...

  50. Q&A: EMI Music Publishing's Roger Faxon and Clark Miller

    February 02, 2007 12:00 AM EST During MIDEMNet in Cannes, France, industry newcomers and veterans had the rare opportunity to hear points of view from very experienced executives running the world's largest music publisher. EMI Music Publishing's Roger Faxon, presiden ...

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