Tesco

  1. Business Matters: Tesco to Close MP3 Store As Download Market Matures

    August 23, 2012 11:15 AM EDT Starting next week, U.K. customers will have one less legal option for buying MP3s. UK retailer Tesco has announced it will close its MP3 store on September 1. The news was first reported Thursday morning at MusicWeek . The move is clearly an atte ...

  2. Business Matters: Is Spotify Labels' #2 Source of Revenue? Probably Not

    June 27, 2012 5:42 PM EDT Streaming Services Not No. 2 Source of Label Revenue Spotify may be the second-largest digital account for major labels, but streaming is hardly their second-largest source of revenue. In fact, it's unlikely that any single subscription servi ...

  3. U.K. Retailer Tesco Buys We7, Digital Music Service Co-Founded by Peter Gabriel

    June 15, 2012 7:44 AM EDT U.K. supermarket giant Tesco has acquired London-based digital music service We7 for £10.8 million ($16.8 million), in which music legend Peter Gabriel owns a stake. The deal expands Tesco's digital entertainment offerings that already includ ...

  4. UK Abolishes Reviled Tax Loophole Undercutting CD, DVD Sales

    November 10, 2011 4:24 PM EST A controversial sales tax loophole that enabled mail-order retailers based in the Channel Islands to sell reduced cost music product to U.K. consumers is to be abolished by the British Treasury. The islands, located near the northern coast of Fran ...

  5. Sony Warehouse Riot Fire Was Not a 'Professional Heist,' PIAS MD Insists

    September 02, 2011 1:41 PM EDT A senior executive at PIAS has categorically dismissed reports that the Sony warehouse destroyed during last month's U.K. riots was targeted by "professional robbers" prior to being incinerated. As previously reported, the Sony DADC ...

  6. PIAS Partners With Proper Music Following Sony Warehouse Fire

    August 19, 2011 8:36 AM EDT The Sony DADC warehouse in Enfield, England, after the London riots on August 9 (Photo: David Goddard/Getty Images) Less than two weeks on from the London Sony DADC warehouse fire that destroyed 3.25 million units of its stock , PIAS is back in bu ...

  7. HMV Looks To Major Labels For Financial Assistance

    April 11, 2011 8:07 AM EDT Troubled U.K. High Street retailer HMV has called upon the four major labels to help stave off its debt and cash flow crisis, according to U.K. press reports. British broadsheet newspaper The Sunday Times has reported that HMV has asked EMI, Sony ...

  8. Best Buy Pushes For Sub-$10 Wholesale CD Pricing With As Rackjobber

    April 01, 2011 10:00 AM EDT Changes are afoot at Best Buy that could have significant ramifications for the retailer's relationship with record labels. The consumer electronics chain recently chose Walmart rackjobber Anderson Merchandisers to handle all music buying and ...

  9. Business Matters: Is the 'Tesco Model' Music Retail's Next Big Problem?

    March 07, 2011 5:20 PM EST Is the "Tesco Model" Music Retail's Next Big Problem? -- U.K. grocery chain Tesco, a major player in CD sales, is pushing record labels to accept small, upfront payments and the remainder of the cost after the CD sold. Tesco would l ...

  10. Susan Boyle Album Bows At No. 1 In U.K.

    November 15, 2010 12:00 AM EST Susan Boyle 's sophomore album "The Gift" (Syco Music/Sony Music Entertainment) gave her a second U.K. No. 1 and Rihanna 's "Only Girl (In The World)" (Def Jam/Universal) started a second week atop the singles chart, ...

  11. Sainsbury's To Launch U.K. Download Store

    November 10, 2010 12:00 AM EST U.K. mass merchant Sainsbury's is to launch a music download store in the run up to Christmas. An exact launch date for the as-yet-unnamed service is to be announced, but a statement posted on the supermarket's corporate website confirms ...

  12. Faithless Returns To Music Retailers

    November 01, 2010 12:00 AM EDT U.K. dance music veterans Faithless has issued a new version of its recent album "The Dance" (Nates Tunes) for a much wider retail release. The original CD version in May 2010 was an exclusive with mass merchant Tesco, while iTunes got t ...

  13. Warner U.K. Agrees Terms With Tesco

    October 22, 2010 12:00 AM EDT Warner Music U.K. has agreed trading terms with mass merchant Tesco for new music releases in Q4. This week Warner had said it would not supply Tesco with new releases because the trading terms offered were "unacceptable" (Billboard.biz, ...

  14. Warner Holds Back Q4 Releases From Tesco

    October 19, 2010 12:00 AM EDT Warner Music U.K. has confirmed it will not supply Tesco with new music releases under the trading terms the mass merchant has offered for the fourth quarter. Tesco is a key outlet for physical music in the U.K. Its 800-plus stores devote a substa ...

  15. Wal-Mart's Asda Moves Into Artist Exclusives

    October 11, 2010 12:00 AM EDT Wal-Mart-owned U.K. mass merchant Asda has followed arch-rival Tesco's lead and signed its first exclusive CD deal with an artist -- veteran Irish singer/songwriter Chris De Burgh. Asda has not confirmed any plans for future releases, but for ...

  16. Music Retailers' Consumer Relationships 'Drive Sales'

    September 16, 2010 12:00 AM EDT There was a generally optimistic mood at the annual general meeting of the U.K.'s Entertainment Retailers' Assn. (ERA) today (Sept. 16), despite the challenges faced by the sector. With U.K. album sales not suffering the collapse of some ...

  17. Nadine Coyle Releases Debut With Tesco

    September 06, 2010 12:00 AM EDT Nadine Coyle will release her debut album exclusively with mass merchant Tesco in the U.K. and Ireland. Tesco has previously released physical exclusives from veteran acts Simply Red and Faithless, but this is the first debut release from a new ar ...

  18. Tesco Aims To Drive Faithless Sales At Gas Stations

    August 31, 2010 12:00 AM EDT Tesco, the United Kingdom's largest mass merchant, is ramping up its music operations by rolling out CD sales to its gas stations. U.K. dance band Faithless is to be the first and, for the time being, sole beneficiary of the month-long trial ...

  19. Faithless Unveils U.K. Arena Tour

    August 19, 2010 12:00 AM EDT British dance act Faithless will embark on a U.K. arena tour this fall to promote its latest studio set "The Dance" (Nate's Tunes). The nine-date tour, promoted by SJM (DF Concerts in Scotland), begins Nov. 30 at Bournemouth BIC and ...

  20. Faithless, Fiat Partner On TV Promo

    August 09, 2010 12:00 AM EDT Veteran U.K. dance act Faithless is experimenting with new methods of reaching its audience during the current album campaign. Faithless' sixth studio album, "The Dance," was released on its own Nate's Tunes label in May. The b ...

  21. Business Matters: Best Buy, Bamajam, LimeWire and more

    June 16, 2010 12:00 AM EDT BEST BUYS LOOKS TOWARD GAMING -- As Billboard already reported, Best Buy shares dropped 6% on weaker-than-expected quarterly profits. The company did not reveal much about music sales, but it did make clear the category was among the losers last q ...

  22. Stones' 'Exile On Main St' Back At No. 1

    May 24, 2010 12:00 AM EDT For the first time in 16 years, the Rolling Stones top the U.K. album chart, after their reissued 1972 album "Exile On Main St" (Polydor/Universal) hit No. 1. U.S. hip-hop artist B.O.B. debuted at the singles summit with "Nothing On ...

  23. Best Buy Unveils First U.K. Store

    April 27, 2010 12:00 AM EDT U.S. retail giant Best Buy has opened the doors to its first U.K. store, marking the start of its ambitious European expansion plans, which it says will see eight to 10 U.K. superstores open in year one and the creation of approx 8,000 British job ...

  24. Tesco Snags Faithless For CD Exclusive

    April 21, 2010 12:00 AM EDT U.K. dance act Faithless has signed with mass merchant Tesco as the exclusive retail partner for its new album "The Dance" on May 16. The band, previously signed to Sony BMG, releases its first studio album in four years on its own label ...

  25. Slash 'Fan Pack' Scores Strong Pre-orders

    April 07, 2010 12:00 AM EDT The experimental U.K. release of Slash's new self-titled solo album by magazine publisher Future has already paid off. Future's "Classic Rock Presents: Slash" is released today (April 7) but has already hit almost 10,000 online ...

  26. British Music Sales Hold Steady In 2009

    March 23, 2010 12:00 AM EDT The U.K.'s recorded music sales held up in 2009 and performed better in a year-on-year comparison than video and computer games, according to new retail sales data published by the Entertainment Retailers Association (ERA). The trade body ...

  27. Simply Red's Tesco Exclusive Drives Ticket Sales

    March 15, 2010 12:00 AM EDT Half of the Simply Red fans who have bought "Songs of Love," a U.K. retail exclusive with mass merchant Tesco, went on to buy tickets for its farewell tour according to simplyred.com's marketing services company. Push Entertainment ...

  28. Tesco Snags U.K. Simply Red Exclusive

    February 22, 2010 12:00 AM EST Retail album exclusives have arrived in the U.K.: mass merchant Tesco will release a Simply Red set this month only in Tesco stores and via its Web site. "Songs of Love," released Feb. 28 for Mother's Day in the U.K., features a col ...

  29. Business Matters: Nokia, Vringo, TalkTalk, Deezer

    January 29, 2010 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. Follow Billboard senior analyst Glenn Peoples on Twitter at twitter.com/billboardglenn . -- Nokia president and CEO Olli-Pekka Kallasvuo discussed ...

  30. Hut Group Reports Xmas Trading Boost

    January 06, 2010 12:00 AM EST U.K. e-commerce provider the Hut Group has reported a 188% increase in orders processed in the six-week Christmas trading period compared to the same period in the previous year. The Cheshire-based company says sales revenue across the group exper ...

  31. U.K. Music Retail Sales Down 6%

    May 18, 2009 12:00 AM EDT The U.K. recorded music business held up reasonably well in 2008 with trade value down by 5.3% to £894 million ($1.368 billion) and retail value down by 6% to £1.308 billion ($2.002 billion), according to new figures from trade body the BPI. That ...

  32. Business Briefs: EMI, Hastings, Ingrid Michaelson

    May 18, 2009 12:00 AM EDT -- A report says EMI is likely to sell off the Olympic recording studio in southwest London. ( Times Online ) -- Entertainment retailer Hastings reported net earnings of about $1.7 million for the three month period ended April 30, 2009. Revenues ...

  33. Green Day Set For Top On Two Days' Sales

    May 15, 2009 12:00 AM EDT Green Day's comeback album "21st Century Breakdown" (Reprise/Warner Bros) is likely to secure the U.K. No. 1 based on just two days' sales, according to U.K. entertainment retailer HMV. The new Green Day set went on sale today ...

  34. U.K. Consumers Most Satisfied With Play.com

    February 24, 2009 12:00 AM EST Online entertainment retailer Play.com has topped the National Consumer Satisfaction Index (NCSI-U.K.), an online customer survey evaluating goods and services purchased in the U.K. With a score of 87 out of 100, Play.com was the overall leader, b ...

  35. Digital Briefs: Sony BMG, Tesco, IODA, RoyaltyShare

    September 17, 2008 12:00 AM EDT - Sony BMG's Commercial Music Group unveiled a licensing Web site for filmmakers called MovieTunes. The site allows filmmakers to submit the music criteria they need, which a Sony BMG staffer will then use to help find the right song. - Warne ...

  36. 7digital Signs Sony BMG To MP3

    September 16, 2008 12:00 AM EDT U.K. download service 7digital.com has signed a deal with Sony BMG to sell around 250,000 tracks from its catalog in high quality MP3 format. 7digital says it is now the largest DRM-free store in the U.K., with a total of four million tracks. It h ...

  37. Handleman Co To Sell U.K. Operation To Tesco

    July 30, 2008 12:00 AM EDT Handleman Company is to sell its British distribution business, Handleman U.K., to market-leading British supermarket chain Tesco. The deal is expected to be completed in the coming weeks according to Michigan-based Handleman, and Tesco is set to ...

  38. Tesco, MediaNet Strike Digital Deal

    June 16, 2008 12:00 AM EDT Digital music service provider MediaNet Digital has struck a deal to power Tesco's revamped online entertainment business, Tesco Digital. As reported in April, the British Tesco supermarkets giant had announced grand plans to overhaul its dow ...

  39. Tesco Relaunches Download Site

    April 15, 2008 12:00 AM EDT British supermarkets giant Tesco is getting busy in the download space. The chain will launch Tesco Digital in May, initially offering 3.3 million music tracks. Half of those titles will be in the iPod-compatible MP3 format. Plans are to offer its ...

  40. Brit Supermarket Tesco Refutes CD-Pricing Report

    April 02, 2008 12:00 AM EDT Tesco has flatly denied a published report which claimed the British mass merchant powerhouse is applying pressure on labels to drop their wholesale CD prices. "It's a load of nonsense. I don't know where they're getting it fro ...

  41. IODA Expands Distro Roster

    January 28, 2008 12:00 AM EST Digital distribution company IODA has struck deals with seven new independent distributors. The American companies now distributing through IODA include Darla, Rev Distribution, and Malaco. European signings include German distributor Tesco, as we ...

  42. Tesco Deal Sets Melua Up For 'Wonderful' Christmas

    December 17, 2007 12:00 AM EST A duet between late U.S. vocalist Eva Cassidy and U.K. singer-songwriter Katie Melua has become the first single to top the British charts on sales through a solitary retailer. The duet topped the Official U.K. Chart Co. listing when it was unveil ...

  43. Handleman Co. Posts Q4 Loss

    June 28, 2007 12:00 AM EDT The Handleman Co. lost $37.5 million, or $1.85 per share, on sales of $268.5 million in its fiscal fourth-quarter ended April 28. That brings the company's total loss for the year to $53.4 million, or $2.65 per share, on revenues of $1.3 bill ...

  44. Woolworths Appoints Hunt Music, DVD Manager

    June 04, 2007 12:00 AM EDT Alan Hunt, former music senior buying manager with U.K. supermarkets giant Tesco, is returning to Woolworths in the role as trading manager for music and DVD. Hunt will oversee the British retail giant's music and video retailing operations, ...

  45. EUK Signs Virgin Supply Contract

    February 01, 2007 12:00 AM EST EUK, the entertainment wholesale subsidiary of U.K. retail giant Woolworths Group, has won a three-year contract to supply Virgin Retail Limited with entertainment and associated goods. Starting June 1, EUK will assume responsibility for buying VR ...

  46. 24-7 MusicShop Goes Mobile In Denmark

    January 15, 2007 12:00 AM EST London-based digital music service provider 24-7 MusicShop has made its first foray into mobile music. The company has teamed with Denmark's TDC Music, an existing broadband music operation, to create a new dual-delivery music store for the c ...

  47. Handleman Completes Tesco CD, DVD Supply Contract

    March 17, 2006 12:00 AM EST Britain's market-leading mass-merchant retail chain Tesco is to take the distribution of its music and video product ranges in-house through a new arrangement with Handleman Company. Britain's market-leading mass-merchant retail chain Te ...

  48. Handleman Completes Tesco CD, DVD Supply Contract

    March 17, 2006 12:00 AM EST Deal starts April 2007, covers 700-plus stores. Britain's market-leading mass-merchant retail chain Tesco is to take the distribution of its music and video product ranges in-house through a new arrangement with Handleman Company. Under the d ...

  49. Report: File-Sharers Spend More On Digital Music

    July 27, 2005 12:00 AM EDT Computer users in the United Kingdom who illicitly share music files via the Internet spend more than four times as much on legal downloads than traditional record buyers, a new survey claims. Computer users in the United Kingdom who illicitly sha ...

  50. Report: File-Sharers Spend More On Digital Music

    July 27, 2005 12:00 AM EDT Computer users in the United Kingdom who illicitly share music files via the Internet spend more than four times as much on legal downloads than traditional record buyers, a new survey claims. Computer users in the United Kingdom who illicitly sha ...

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