Sky News

  1. Concord Music Being Shopped to Private-Equity Firms, Not Strategic Suitors

    December 05, 2012 8:27 PM EST Reports that the Concord Music Group is up for sale are true, knowledgeable sources say. But there is one key factor that appears to have been overlooked thus far: management is controlling the company's sale process so far. Consequently, Con ...

  2. Morning Fix: iTunes Launches In 56 Countries; Simon Fuller's Concord Bid; Clapton, Chris Martin Join 12-12-12 Sandy Benefit

    December 04, 2012 8:35 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters APPLE LAUNCHES ITUNES IN RUSSIA, TURKEY, INDIA, SOUTH AFRICA, 52 ADDITIONAL COUNTRIES: Apple today announced it has launched its iTunes Stor ...

  3. Morning Fix: Bieber, Minaj Win Big at AMAs; Internet Radio Fairness Opponents Unite; AC/DC Joins iTunes

    November 19, 2012 8:30 AM EST Head HERE to subscribe to Billboard's Morning Fix email and other free music-business newsletters AMERICAN MUSIC AWARDS 2012: JUSTIN BIEBER, NICKI MINAJ TOP EXUBERANT NIGHT: Justin Bieber took home Artist of the Year at the American Music Awa ...

  4. Morning Fix: Spotify Expanding: AEG, StubHub Align; Labels Invested $4.5 Billion in A&R, Marketing in 2011: IFPI

    November 12, 2012 8:50 AM EST Head HERE to subscribe to Billboard's Morning Fix and other free music-business newsletters SPOTIFY RAISING $100M FOR EXPANSION; OPENING IN LATIN AMERICA, EASTERN EUROPE NEXT YEAR: Spotify is close to wrapping up a $100 million round of fundi ...

  5. Coca-Cola in Investment Talks With Spotify

    October 11, 2012 11:47 AM EDT Coca-Cola is in discussions with Spotify to make a small investment in the digital music company. Sources tell Billboard the two companies are in negotiations, but a deal is far from being reached. Sky News first reported on Thursday that the two ...

  6. Vevo vs. Google: Universal, Sony and the Latest Moves in the Chess Game

    July 12, 2012 5:41 PM EDT Vevo's future business arrangements are looking a bit cloudy, as reports this week suggest that the company's deal terms with Google are again in play , and that Universal is re-examining its stake in the company in the relation to UMG&# ...

  7. Vevo's Numbers Climb in First Quarter With Facebook Integration

    May 24, 2012 1:15 PM EDT Vevo's new redesigned homepage with Kanye West. (Screenshot) Vevo's integration with Facebook, part of its design launched in March , appears to have helped increase usage at both Facebook and Vevo.com, according to numbers shared by the ...

  8. Business Matters: Is Vevo Considering An IPO?

    May 23, 2012 4:42 PM EDT Is Vevo Considering an IPO? -- Vevo is seeking new investors to help fund its international expansion, according to reports at Sky News at the Financial Times. A report by Sky News claims the company has hired investment bank Allen & Co to loo ...

  9. Sony/EMI Deal: Publishing Companies Would Remain Separate, But Managed by Sony

    November 11, 2011 4:05 PM EST While Citigroup and the Sony-led investment group are still working on the final wording for the purchase agreement so it can be signed, sources say that that Sony/ATV Music Publishing will manage the EMI publishing assets, but its own copyrights ...

  10. Jimmy Savile, Eccentric 'Top of the Pops' Host, Dead at 84

    October 31, 2011 8:11 AM EDT LONDON (AP) - Veteran British broadcaster Jimmy Savile, a famously eccentric culture figure, has died at his home in northern England. He was 84. Savile, known for his garish tracksuits, chunky gold jewelry and boundless enthusiasm for pop music a ...

  11. Business Matters: Spotify's 2.4 Million September Visitors Were Mostly Male, Young and Pretty Well Off

    October 18, 2011 3:55 PM EDT Spotify's 2.4 Million September Visitors, Analyzed -- Spotify users are young and fairly well off financially, according to numbers released by comScore Tuesday. And while the service has experienced fantastic growth in just three months, it ...

  12. Guy Hands Launches New Lawsuit Against Citigroup Over EMI

    September 08, 2011 2:05 PM EDT Terra Firma chairman Guy Hands has instigated legal proceedings against Citigroup over the way it acquired EMI, according to reports. U.K. newspaper The Guardian claims Hands has applied to the high court requesting information about the condition ...

  13. London Riots Hit Entertainment Industry: Music, Films, Sports

    August 09, 2011 7:31 AM EDT LONDON -- Sony's only depot for CDs and DVDs in the U.K. was burned to the ground , several movie theaters closed their doors early Monday night and Wednesday night's England vs. Holland soccer international was postponed as the British ...

  14. News Corp's Sky News Deal Clears British Government

    June 30, 2011 7:29 AM EDT LONDON (Reuters) - News Corp secured British government backing for its buyout of BSkyB on Thursday after the minister responsible rejected complaints the move would give Rupert Murdoch too much power and influence. The Department of Media gave it ...

  15. Watch: U2 Manager Paul McGuinness Calls on Tech 'Geniuses' to Boost Online Music

    April 13, 2011 2:33 PM EDT Longtime U2 manager Paul McGuinness has reiterated his belief that tech companies should do more to help artists. "I really wish those geniuses who bring us Google, Facebook, Amazon and Spotify would get their act together," he said via ...

  16. HMV Warns of Lower Profits

    April 06, 2011 1:50 PM EDT U.K.-based retailer HMV has issued another profit warning sending the company's shares down over 9% on Wednesday before closing down 6.1%. The company lowered its estimate for full-year profit to 30 million pounds (about $49 million) from $40 ...

  17. Rumored and Reported: The Latest on Major Label Sales, Mergers & Acquisitions

    February 22, 2011 2:23 PM EST Terra Firma's failed investment in EMI has set in motion a series of events that could lead to major changes in the music industry. Numerous and rather speculative media reports are detailing the steps being taken by Warner Music Group, BMG R ...

  18. Business Matters: Live Nation, We7, RIAA and more

    September 20, 2010 12:00 AM EDT Opinion and analysis of the day's music news. Live Nation Pushing Back On Artist Guarantees -- Lower ticket prices appear likely in 2011, and artist guarantees will be pulled down in order achieve those lower prices. So said Live Nation CEO M ...

  19. Bon Jovi Kicks Off O2 Residency

    June 08, 2010 12:00 AM EDT Bon Jovi has launched its London O2 Arena residency - returning to the venue they officially launched three years ago. Rob Hallett, AEG Live president of international touring , is predicting that tickets sales for the band's current tour wil ...

  20. Business Matters: Live Nation, Google, Lala, mFlow

    May 11, 2010 12:00 AM EDT -- Morgan Joseph maintained its “neutral” rating on Live Nation stock. Note the Morgan analyst believes artists could possibly have less, not more, leverage in the future. “We remain on the sidelines and look for more signs of positive free cash f ...

  21. U.K. Biz Backs BBC 6 Music

    March 01, 2010 12:00 AM EST The U.K. music industry has come out in support of under-threat BBC 6 Music, the modern rock digital radio station. U.K. labels trade body the BPI and indies counterpart AIM have voiced their concern about the potential closure of the station . Al ...

  22. 'X Factor' Favorite For U.K. Xmas No. 1

    December 18, 2009 12:00 AM EST Joe McElderry, winner of U.K. talent show "The X Factor," has been made the betting favorite for the Christmas No. 1 - but the race is the closest it has been in years. At the start of today (Dec. 18), Rage Against the Machine's &qu ...

  23. Promoter: Michael Jackson Tribute Shows Likely

    June 30, 2009 12:00 AM EDT The promoter who booked Michael Jackson for a sold-out comeback tour said Tuesday that footage of the singer's rehearsals may be released in future, and that an all-star tribute show based on his canceled concerts is likely to take place. Ran ...