Securities and Exchange Commission

  1. Spotify Job Listing Fuels IPO Speculation

    February 17, 2014 2:14 PM EST A new job listing at Spotify seems to bolster rumors of an IPO. First reported by Reuters, the listing, for an "External Reporting Specialist," states as its first requirement of the new hire to "prepare the company for internationa ...

  2. Twitter Unseals IPO Filing, Cites $317 Million in Revenue Last Year

    October 03, 2013 5:29 PM EDT Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion. The company is also disclosing that it generated $317 million in revenue in 2012 and that it has more than 215 milli ...

  3. SFX Files for $175 Million IPO

    June 27, 2013 3:21 AM EDT SFX is pursuing an IPO. Robert Sillerman’s entertainment empire SFX Entertainment has reportedly filed with the Securities and Exchange Commission seeking to raise up to $175 million in an initial public offering. The capital raised by an IPO ...

  4. Pandora Expands Beyond U.S. for First Time, Launches in Australia, New Zealand

    December 10, 2012 8:01 PM EST Pandora Media on Monday officially expanded outside of its home territory in the United States, bringing its streaming radio service to Australia and New Zealand. The Oakland, Calif.-based Internet radio company announced in a filing with the Secu ...

  5. Morning Fix: WBR's Moscowitz Steps Down; Scooter Braun on Bieber Snub, Jets; Rick Ross' Gang Problem

    December 07, 2012 8:34 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters TODD MOSCOWITZ STEPS DOWN FROM WARNER BROS. RECORDS, CAMERON STRANG TAKES OVER: One month after adding Rhino Records to his portfolio of res ...

  6. Warner Music Group Expects Improved Revenues In Q4

    October 16, 2012 10:02 PM EDT When the Warner Music Group (WMG) reports its financials for the three-month period ended Sept. 30, the company expects revenue to total $721 million to $741 million, an improvement over the $719 million reported in the corresponding period for th ...

  7. Richard C. Strasser Named Interim Copyright Royalty Board Judge

    September 17, 2012 5:05 PM EDT Richard C. Strasser has been named on interim Copyright Royalty Board Judge, to fill the void left by Judge Stanley C. Wisniewski, who retired Aug. 31. He was appointed to serve a for a six-month period, or until the Librarian of Congress James H. ...

  8. Morning Fix: Pussy Riot Guilty, Twitter Limits API , Kim Dotcom, RIP Carl Davis

    August 17, 2012 8:22 AM EDT Pussy Riot Found Guilty By Russian Court The three members of Pussy Riot, a Russian punk band/art collective, today were found guilty of "hooliganism motivated by religious hatred," according to reports. Prosecutors are seeking a three y ...

  9. Fender Guitar Makers Prepare To Go Public

    June 21, 2012 4:30 PM EDT For Sergio Vallin of popular Mexican rock band Maná, Fender guitars are the only way to go. "It's the Rolls-Royce of guitars," Vallin says. "It's versatile, and so easy on the fingers." A fan of Fender products since ...

  10. 5 Reasons Why Facebook Won't Spend its IPO Money on the Music Business

    May 18, 2012 11:21 AM EDT After raising $6.84 billion in its initial public stock offering, Facebook will have more than enough cash on hand to acquire a major music company or two. A major music publisher or record label can be had for a few billion dollars. Same goes for ...

  11. GM Vs. Ford: Companies Ask If Advertising on Facebook Pays?

    May 17, 2012 6:45 AM EDT NEW YORK (AP) -- Responding to extraordinary demand, Facebook said Wednesday that it would sell more stock in the company's initial public offering. But ahead of the IPO, a debate emerged between two of the nation's largest automakers: D ...

  12. Facebook Boosts IPO Shares By 25 Percent

    May 16, 2012 9:28 AM EDT NEW YORK (AP) -- Facebook says 25 percent more shares will be sold as investors clamor for shares in the year's hottest stock offering. Facebook said in a regulatory filing Wednesday that about 421 million shares will be sold, up from 337 mil ...

  13. Business Matters: Senate Passes Crowdfunding Bill, Pandora's Vastly Varied Valuation

    March 22, 2012 4:53 PM EDT Senate Passes JOBS Act Aimed At Helping Startups Raise Money Entrepreneurs of all stripes, and certainly some in the media and entertainment field, are likely applauding a bill that helps them raise money. The Jumpstart Our Business Startups (JOBS ...

  14. Facebook Files For IPO, Hopes to Raise $5 Billion

    February 01, 2012 5:21 PM EST NEW YORK (AP) -- Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University. That means anyone with the ...

  15. Groupon Raises $700 Million With IPO at $20 Per Share

    November 04, 2011 8:11 AM EDT SAN FRANCISCO (AP) - Daily deals pioneer Groupon raised about $700 million with an initial public offering of stock priced well above expectations. The IPO was set late Thursday at $20 per share, above the anticipated range of $16 to $18. The high ...

  16. Is Google's Purchase of Motorola All About The 17,000 Patents?

    August 16, 2011 7:44 AM EDT SAN FRANCISCO (AP) - It may be the boldest move yet by a company known for being audacious: Google is spending $12.5 billion to buy Motorola Mobility. But the big prize isn't Motorola's lineup of cellphones, computer tablets and cable se ...

  17. Business Matters: Amazon's Motivation for Selling Hit Songs at 69 Cents

    April 29, 2011 4:54 PM EDT Amazon's Motivation for Selling Hit Songs for 69 Cents -- It's not the signal of all-out price war, but Amazon has dropped the price of 204 hit songs to 69 cents. Among the select group of songs are Katy Perry's "E.T.," Je ...

  18. Report: Facebook will disclose financials in '12

    January 06, 2011 12:00 AM EST Facebook will be forced by law to start coughing up details of its financial performance or go public by April 2012, according to a published report. The Wall Street Journal reported Thursday that privately held Facebook Inc. plans to cross the 50 ...

  19. Facebook Valued At $50 Billion, More Than Yahoo and Most Entertainment Companies

    January 03, 2011 12:00 AM EST Wall Street powerhouse Goldman Sachs has invested $450 million in Facebook, and existing Russian investor Digital Sky Technologies has invested an additional $50 million in a deal that values the social networking firm at $50 billion, the New York ...

  20. Elvis Week Hits Stride As Buyout Talks Heat Up

    August 13, 2010 12:00 AM EDT CKx Inc., owner of the "American Idol" television program and 85% of Elvis Presley Enterprises, is mulling at least two offers to buy the company. At the same time, thousands of Elvis fans have descended on Memphis for Elvis Week, the an ...

  21. Digital Briefs: SplashCast, 'Scratch: The Ultimate DJ'

    August 06, 2009 12:00 AM EDT -- Online video firm SplashCast , which counted Sony Music Entertainment as a client, has closed its doors, citing the inability to raise another round of financing to continue operations. ( Portland Business Journal ) -- Changes ahead for "S ...

  22. 'American Idol' Is Ready For Its Next Act

    May 12, 2009 12:00 AM EDT The crowd isn't cheering for Simon Fuller. Rather, it's the four talent judges whose appearance just minutes before a recent Wednesday evening "American Idol" telecast causes a loud burst of applause to fill the soundstage at C ...

  23. Ticketmaster: AEG May Cancel If Merger Succeeds

    February 26, 2009 12:00 AM EST Ticketmaster's chief executive sought Thursday to allay antitrust fears over the ticket seller's planned merger with concert promoter Live Nation by revealing that a major venue operator has threatened to cancel its contract if the merge ...

  24. U2 Receives 1.56 Million Live Nation Shares For Deal

    October 17, 2008 12:00 AM EDT U2 will receive an estimated $19 million worth of Live Nation shares as part of a 12-year deal the rock band signed with the concert promotion company earlier this year. Los Angeles-based Live Nation yesterday (Oct. 16) registered 1.56 million sha ...

  25. Handleman Reaches Agreement With Lenders

    May 15, 2008 12:00 AM EDT The Handleman company has reached an agreement with its lenders that may give the company some breathing room. In advance of its previous May 31 deadline that could have found the Troy, Mich.-based rackjobber in default of its loan, Handleman has ...

  26. Spiralfrog Launches U.S. Service

    September 17, 2007 12:00 AM EDT Following months of delays, executive upheaval and more than $10 million spent, the Spiralfrog ad-supported free digital music service went live today in the United States, Billboard has learned. The U.S. launch is an important step in determining ...

  27. Semel Steps Down At Yahoo

    June 19, 2007 12:00 AM EDT Yahoo Inc. Chairman Terry Semel stepped down as chief executive in a surprise move Monday (June 18), ending his increasingly ineffectual pursuit of online search leader Google Inc. -- a losing battle that had demoralized Yahoo's shareholders ...

  28. Apple Faces Suit Over iPod-iTunes Link

    January 02, 2007 12:00 AM EST As if its options woes weren't trouble enough, Apple Computer Inc. said Friday (Dec. 29) it is facing several federal lawsuits, including one alleging the company created an illegal monopoly by tying iTunes music and video sales to its market ...

  29. SEC Hits Promoter With Lawsuit

    April 19, 2006 12:00 AM EDT Utsick sued in connection with fraudulent offering. The Securities and Exchange Commission (SEC) filed a civil lawsuit in the U.S. District Court for the Southern District of Florida on Monday charging promoter Jack Utsick and his Worldwide Entert ...

  30. Live Nation Heads to L.A., Lays Off 300

    December 23, 2005 12:00 AM EST Moves are a result of continued reorganization. Live Nation, formerly known as Clear Channel Entertainment, will be moving its headquarters to Los Angeles and terminating about 300 full-time employees, according to a filing with the Securities and ...

  31. Case Resigns From Time Warner Board

    November 08, 2005 12:00 AM EST Steve Case, who co-founded America Online and was one of the architects of the much-maligned AOL-Time Warner merger, said Oct. 31 that he has resigned from TW's board to focus on media investments via NEW YORK (The Hollywood Reporter) -- Stev ...

  32. Disney Taking $68 Million Charge

    September 27, 2005 12:00 AM EDT The Walt Disney Co. has announced that it will take an after-tax, $68 million charge as it writes down the value of its aircraft leases at Delta Air Lines, which filed for bankruptcy protection the we LOS ANGELES (The Hollywood Reporter) -- The Wa ...

  33. Feds Probe 'Incredibles' DVD Sales

    August 30, 2005 12:00 AM EDT At 28 million units and counting, "The Incredibles" is the best-selling DVD of the year, but that hasn't deterred federal regulators from looking into disappointing sales of the hit movie. LOS ANGELES (The Hollywood Reporter) -- At ...

  34. SEC Eyes DreamWorks Animation

    July 19, 2005 12:00 AM EDT Two months after disappointing Wall Street with weak sales of the "Shrek 2" DVD, DreamWorks Animation said July 11 that the Securities and Exchange Commission has launched an informal inquiry into its LOS ANGELES (The Hollywood Reporter) ...

  35. Update: WMG Stock Ends First Day Down 3.5%

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group ended the first day of trading today (May 11) on the New York Stock Exchange down 3.5% at $16.40, following a $554.2 million initial public offering at $17 a share. Shares in Warner Music Group ended the first day of t ...

  36. SEC Hits Levin, Others With Fraud Charges

    April 12, 2005 12:00 AM EDT The Securities and Exchange Commission filed fraud and other charges April 6 against producer Drew S. Levin and several former associates. LOS ANGELES (The Hollywood Reporter) -- The Securities and Exchange Commission filed fraud and other charges ...

  37. Warner Receives New Spitzer Subpoena

    April 12, 2005 12:00 AM EDT Warner Music Group says it has received a subpoena from New York Attorney General Eliot Spitzer for more information in connection with an investigation into allegations of industry-wide payola-like p NEW YORK -- Warner Music Group says it has rec ...

  38. WMG Eyes $581M From IPO

    April 12, 2005 12:00 AM EDT Warner Music Group says in a filing with the Securities and Exchange Commission that it expects to receive net proceeds of $581 million, after deducting expenses associated with its upcoming $750 mill NEW YORK -- Warner Music Group says in a filin ...

  39. WMG Eyes $581M From IPO

    April 08, 2005 12:00 AM EDT Most proceeds will pay debt, owners. Warner Music Group says in a filing with the Securities and Exchange Commission that it expects to receive net proceeds of $581 million after deducting expenses associated with its upcoming $750 million initial ...

  40. EchoStar Audit Finds Financial Control Deficiencies

    March 22, 2005 12:00 AM EST An internal EchoStar Communications Corp. audit found "significant deficiencies" in its internal controls over financial reporting, but those shortcomings won't require adjustment of its financial sta ENGLEWOOD, Colo. (AP) -- An int ...

  41. EchoStar Settles Dispute Over Bad Satellite

    March 15, 2005 12:00 AM EST EchoStar Communications Corp. has agreed to settle a five-plus-year insurance claim over a malfunctioning satellite that could net up to $240 million. DENVER (AP) -- EchoStar Communications Corp. has agreed to settle a five-plus-year insurance cla ...

  42. Warner Music Files For $750M IPO

    March 15, 2005 12:00 AM EST Warner Music Group Corp., parent company of Warner Music Group, filed registration papers with the Securities and Exchange Commission on March 11 proposing to raise up to $750 million in an initial pu (Reuters) -- Warner Music Group Corp., parent ...

  43. Warner Music Files For $750M IPO

    March 11, 2005 12:00 AM EST Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. Warner Music Group filed today (March 11) to raise up to $750 million in an initial public offering of common stock. The company, ...

  44. Regal Settles Icon's Lawsuit Over 'Passion'

    March 08, 2005 12:00 AM EST Regal Entertainment Group, the largest U.S. film exhibitor, has reached a settlement with Mel Gibson's Icon Distribution in the lawsuit arising from the firm's exhibition of "The Passion of the Christ NEW YORK (The Hollywood Reporte ...

  45. Hollywood Entertainment Looks For Q2 Takeover

    March 01, 2005 12:00 AM EST Video rental firm Hollywood Entertainment expects to close a proposed takeover by Movie Gallery during the second quarter, the company said in a proxy statement filed Feb. 22 with the Securities and E NEW YORK (The Hollywood Reporter) -- Video ren ...

  46. Stern Guest Subpoenaed in Probe of Sirius

    February 22, 2005 12:00 AM EST A regular guest on Howard Stern's syndicated radio show said he will testify Feb. 23 in a probe of trading of Sirius Satellite Radio Inc. shares, which surged last fall when Stern announced he was mov NEW YORK (AP) -- A regular guest on Howar ...

  47. Movie Gallery Gets Regulatory OK For Hollywood

    February 14, 2005 12:00 AM EST Blockbuster amends offer. Movie Gallery appears to be moving closer in its bid to acquire video rental chain Hollywood, while Blockbuster continues to upgrade its rival offer. Movie Gallery said today (Feb. 14) that it has regulatory clearance to ...

  48. Blockbuster Determined To Go Hollywood

    February 02, 2005 12:00 AM EST Rental chain outbids Movie Gallery. In the continuing battle to acquire video rental chain Hollywood Entertainment Corp., Blockbuster unveiled today (Feb. 2) that it will outbid Movie Gallery's $1.2 billion offer. Blockbuster filed a statemen ...

  49. News Corp. Offers To Buy Remaining Fox Stock

    January 11, 2005 12:00 AM EST Rupert Murdoch's News Corp., moving to regain full control of its majority-owned Fox television properties, is offering to buy the remaining publicly held shares of Fox Entertainment Group Inc. for ab NEW YORK (AP) -- Rupert Murdoch's Ne ...

  50. Time Warner Inks $510M Settlement With Gov't

    December 21, 2004 12:00 AM EST Time Warner Inc. on Dec. 15 settled criminal securities fraud charges the government leveled on its America Online unit, agreeing to pay $210 million to end the Justice Department's probe. The company (The Hollywood Reporter) -- Time Warner I ...

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