Trans World

  1. Business Matters: Trans World's Music Sales Get a Boost From Healthy Catalog Performance

    May 23, 2011 6:19 PM EDT Trans World's Music Sales Get a Boost From Healthy Catalog Performance -- Trans World's first-quarter results were a good reflection of overall music sales: same-store revenue was down slightly, catalog sales were good -- they were great ...

  2. UPDATE: First Half 2010 Sales Recap: Lady Antebellum, UMG Lead The Way

    July 07, 2010 12:00 AM EDT Lady Antebellum's "Need You Now" was the top selling album in the U.S. in the first half of the year, as a familiar downward sales trend proved to be not as dramatic as in 2009. The bad news: Second-half sales in 2010 will be matche ...

  3. The Quarter Financial Wrap: WMG, UMG, Live Nation, Hastings, Trans World and much more

    June 10, 2010 12:00 AM EDT You hear a lot of grim music business news but recent performances of publicly traded music and music-related companies had enough positive aspects to overlook – at least for a few moments – the industry’s broad decline. Overall, falling physical ...

  4. Trans World Shrinks Footprint, Posts Another Loss in First Quarter

    May 21, 2010 12:00 AM EDT Entertainment retailer Trans World reported on Thursday a net loss of $11.4 million in its first fiscal quarter ending May 1, 2010, a slight improvement over its $13.7 million loss in the same period last year. During the earnings call, CFO John S ...

  5. Business Matters: Trans World, Ning, Universal Music Group, Google and More

    April 16, 2010 12:00 AM EDT -- Entertainment retailer Trans World has received a commitment from Bank of America and other lenders to provide a $100 million revolving credit facility. This new credit agreement amends the previous agreement from January 2006. ( SEC filing ) - ...

  6. Trans World Continues Losing Streak

    March 08, 2010 12:00 AM EST Entertainment retailer Trans World reported net income of $11.4 million in its fiscal fourth quarter ending January 30, 2010. Total sales dropped 14% to $295.4 million from $344.7 million in the prior year. For the fiscal year, total sales dropped ...

  7. Business Matters: Thurston Moore, Sam Goody, Imeem, MySpace

    December 29, 2009 12:00 AM EST Business Matters is a daily column that offers insight, analysis and opinion on the day's news. -- The Times has a lengthy look at the cassette , a format it recently realized never really disappeared. The cassette is known for being a good f ...

  8. Trans World Posts $11.8 Million Q1 Loss

    May 23, 2008 12:00 AM EDT Trans World lost $11.8 million, or 38 cents per diluted share, on sales of $232.6 million, for the fiscal first quarter ended April 30. That compares with a $9.1 million loss, or 29 cents per share, on sales of $286.3 million. Sales were down 19% ...

  9. Trans World Loses $66 Million In Q4

    March 07, 2008 12:00 AM EST In its fiscal fourth quarter ended Feb. 2, Trans World lost $66 million, or $2.12 per share on sales of $451. 5 million, versus the $37.8 million or $1.05 per share in profit it made last year on sales of $586.7 million, it had in the correspondin ...

  10. Riley Investment, Trans World Extend Deal

    February 07, 2008 12:00 AM EST Riley Investment Management and Trans World founder/chairman Bob Higgins have extended their agreement in a pursuit of taking the 815-unit chain private by buying out public shareholders. An agreement between the two signed on Nov. 28, expired on ...

  11. Trans World Loses $14.3 Million In Q3

    November 21, 2007 12:00 AM EST Trans World lost $14.3 million, or 36 cents per diluted share, on sales of $260.6 million in the company's fiscal third quarter ended Nov. 3. That compares with a loss of $11.4 million, or 43 cents per share, on sales of $297.7 million. The 1 ...

  12. Trans World Reports 28% Sales Boost Post-Musicland Acquisition

    March 02, 2007 12:00 AM EST Trans World posted a net income of $36.5 million, or $1.12 a diluted share on sales of $586.7 million, in its fiscal fourth ended Feb. 3. That's nearly double the $20 million, or 64 cents per diluted share, the company made in the prior year& ...

  13. Tower Records To Be Liquidated

    October 06, 2006 12:00 AM EDT Tower Records, the music industry's most famous retail brand, will be liquidated beginning tomorrow (Oct. 7). After a 30-hour auction, the process was won by the lead-bidder, Great American, who put Tower Records, the music industry's mo ...

  14. Sales Up, Tracks Leveling

    October 05, 2006 12:00 AM EDT Downloads show no quarter-to-quarter increase. While overall U.S. sales are up a whopping 22.8% to 814.5 million units from the first nine months of 2005, digital track downloads, the main configuration fueling that growth, are stagnant when viewe ...

  15. Sales Up, Tracks Leveling

    October 05, 2006 12:00 AM EDT Downloads show no quarter-to-quarter increase. While overall U.S. sales are up a whopping 22.8% to 814.5 million units from the first nine months of 2005, digital track downloads, the main configuration fueling that growth, are stagnant when viewe ...

  16. Court OK's Musicland Sale

    March 22, 2006 12:00 AM EST Trans World to acquire about 400 stores. Trans World to acquire about 400 stores. News ...

  17. Trans World Makes Musicland Bid

    February 21, 2006 12:00 AM EST Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been operating under Chapter 11 protection since Jan. 12. Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been ...

  18. Trans World Makes Musicland Bid

    February 21, 2006 12:00 AM EST Agreed to pay $104 million for 400 stores. Trans World has agreed to pay $104 million to purchase 400 stores from Musicland, which has been operating under Chapter 11 protection since Jan. 12. In making the bid Trans World becomes a “stalking hors ...

  19. IDN Sales Staff Gets Pink Slips

    November 02, 2004 12:00 AM EST Innovative Distribution Network, the indie distribution arm of giant music wholesaler Alliance Entertainment Corp., laid off five salespeople -- a third of its field sales staff -- yesterday (Nov. 1), Innovative Distribution Network, the indie dis ...