U.S. Securities and Exchange Commission

  1. Rhapsody Dropping The Echo Nest

    March 24, 2014 11:41 AM EDT Unsurprisingly, Rhapsody has announced that it is ending its partnership with The Echo Nest, the Cambridge-based data think-tank acquired by Spotify earlier this month. It's the second Echo Nest partner, after Rdio a couple weeks ago , to end ...

  2. Disney, Dish Strike Deal to Facilitate Internet-Delivered TV

    March 03, 2014 11:47 PM EST Dish Network and Disney have reached a landmark deal that envisions the day when Dish will offer a Netflix-like TV service to people who'd rather stream TV over the Internet than put a satellite receiver on their roof. The deal announced late ...

  3. Brandle’s Global Bits: Sydney Entertainment Centre’s Name Change, Ian James’ Academic Turn, KickassTorrents Blocked

    January 23, 2014 2:01 AM EST SEC’s Two-Year Stay of Execution: The Sydney Entertainment Centre won’t be turned into a pile of rubble anytime soon after Qantas’ credit union flew in with a naming rights sponsorship deal. The venue will be renamed Qantas Credit Union Arena unti ...

  4. Business Matters: Twitter Shares Soar, But Is It All Hype — Or the Next Friendster?

    November 07, 2013 8:12 PM EST Twitter's debut on the New York Stock Exchange was so successful that "bubble" was a commonly heard word on Thursday. The closing price of $44.90, about even with the opening price of $45.10 but below the day's high of $50.9 ...

  5. Twitter IPO Live: A Busy Morning

    November 07, 2013 9:24 AM EST It's been a busy morning on the trading floor of the New York Stock Exchange as Twitter prepares to start trading under the ticker symbol "TWTR." The NYSE has tested its systems, and the floor is busy with both traders and media. ...

  6. Morning Fix: WMG-Clear Channel's 'Groundbreaking' Deal; Twitter Files for IPO; E. Zoo Deaths Ruled Overdoses; Ray Dolby Dies

    September 13, 2013 8:01 AM EDT Get the Morning Fix Delivered To Your Inbox HERE WARNER MUSIC'S DEAL WITH CLEAR CHANNEL COULD BE GROUNDBREAKING FOR THE U.S. MUSIC BIZ (ANALYSIS) There's been a lot of confusion online about a groundbreaking new partnership between Cle ...

  7. Twitter Files For IPO

    September 12, 2013 5:35 PM EDT In a Tweet (what else?), the Silicon Valley micro-blogging service said it had filed papers with the U.S. Securities and Exchange Commission outlining a proposal to sell shares in the company on the open market. Those looking for details of its ...

  8. Warner Music Group Outlines Parlophone Integration Process, Expects $70 Million in Annual Cost Savings

    April 25, 2013 10:26 AM EDT In a memo to the Warner Music Group staff today, CEO Stephen Cooper has laid out the procedure by which the Parlophone Label Group will be integrated into the company. Warner acquired Parlophone from Universal Music Group in February as part of ...

  9. Irving Azoff's Resignation Comes With Tax Benefits, Non-Compete Carve-Outs

    December 31, 2012 10:54 PM EST The paths of the Bush tax cuts and the man who topped Billboard's Power 100 crossed on December 31, 2012: Irving Azoff's resignation from Live Nation gave him cash, stock, the right to manage certain artists such as the Eagles and engage ...

  10. Live Nation Extends CEO Michael Rapino's Contract, Raises Salary

    December 28, 2012 4:35 PM EST Live Nation has amended its employment contract with CEO Michael Rapino, extending its term through December 31, 2017 (from May 31, 2014) and raising Rapino's base salary to $2.3 million, effective January 1, 2013. The amendments were made Th ...

  11. Warner Music's Cameron Strang Gets Pay Raise to $2.25 Million; Lyor Cohen Highest-Paid WMG Employee in 2012

    December 28, 2012 3:32 PM EST Warner Music Group announced in an SEC filing Friday that Cameron Strang, Chairman and CEO of Warner/Chappell Music, and Brian Roberts, Chief Financial Officer, have signed new employment agreements with the company. Billboard Power 100: Cameron S ...

  12. Rizvi Traverse On Verge of Acquiring SESAC

    December 21, 2012 11:15 AM EST Rizvi Traverse, a private equity firm, appears to be on the verge of acquiring SESAC, according to a filing with the SEC. On Dec. 11, Rizvi Traverse's Rizvi Opportunistic Equity Fund II, L.P. filed for an early termination notice from a Hart- ...

  13. Internet Radio Fairness Act Would Spur Innovation: Guest Post by AccuRadio's Kurt Hanson

    November 27, 2012 4:43 PM EST As the House Judiciary Subcommittee on Intellectual Property, Competition and the Internet prepares for tomorrow's hearing on music licensing, the debate within the music community has rapidly gained momentum. Following a related post by Down ...

  14. Liberty Media Applies for Control of Sirius XM Radio

    August 17, 2012 9:19 PM EDT Billionaire media-mogul John Malone and his Liberty Media moved a step closer on Friday to taking control Sirius XM Radio. In a filing with the FCC, Liberty asked permission to take "de jure" control over Sirius XM, having already failed ...

  15. Business Matters: Millions and Millions of Take Down Notices Served, But To What Effect?

    July 18, 2012 6:05 PM EDT Business Matters: Are Takedown Requests More Hobby Than Solution? -- The numbers behind infringement takedown notices are staggering yet piracy continues unabated. Putting in a lot of work for little payoff is something a hobbyist does on weekends ...

  16. Business Matters: Digital Services Face 18 Months of Licensing Negotiations, Says Study; Cinram Files For Bankruptcy

    June 29, 2012 5:54 PM EDT Licensing Takes As Long As 18 Months, Says a Study Most everybody in the music business knows that new digital services have a tough road to license music from content owners. Few people know exactly how long it takes. Now they have a good estimat ...

  17. Business Matters: Facebook's IPO Could Have Just Killed Some Digital Music IPOs

    May 29, 2012 6:14 PM EDT Facebook IPO Issues May Deter Vevo and Spotify Facebook's problematic IPO has not only resulted in investor lawsuits and questions about the Nasdaq, it could have killed or postponed the IPO aspirations of Vevo and Spotify. Both companies hav ...

  18. Pandora and Live Nation Disclose Executive Compensation

    April 25, 2012 6:42 PM EDT A couple of music companies reported Wednesday the compensation awarded to their top executives. In the last year, it paid a whole lot more to work for concert promoter and Ticketmaster parent Live Nation Entertainment that it did to work for the ...

  19. Business Matters: Why Concert Listing Sites Like Songkick, Bandsintown Matter in Today's Increasingly Fragmented Market

    April 24, 2012 4:26 PM EDT Why Concert Listing Sites Matter In Today and Tomorrow's Market -- There are far more ways to discover concerts than existed just a few years ago. But are more concert tickets being purchased? Probably not. But that doesn't mean the indu ...

  20. Facebook IPO Aiming For May 17 (Report)

    April 19, 2012 2:30 PM EDT Ever since Facebook announced it would be filing for an IPO Feb. 1, speculation has been widespread as to when the company would officially go public. With reports stating the company was aiming for late May coming as far back as January , TechCru ...

  21. Sirius XM Radio CEO Mel Karmazin Paid $10.7 Million in 2011

    April 11, 2012 8:14 PM EDT Mel Karmazin, who thinks he's vastly underpaid, earned $10.7 million in 2011 for his services as CEO of Sirius XM Radio, nearly $1 million more than he was paid the prior year but down significantly from the $43.5 million he was paid in 2009, ...

  22. Business Matters: Analyst Upgrade Boosts Pandora Shares Day Before Earnings Release

    March 05, 2012 7:54 PM EST Analyst Upgrade Boosts Pandora Shares Day Before Earnings Release -- An upgrade from a Stifel Nicolaus & Co. analyst a day prior to Pandora's earnings call helped push the company's stock up 5.5% Monday and gave the company a market ...

  23. Business Matters: When is it Safe to Say Google Music Has Failed?

    February 24, 2012 4:28 PM EST When is it Safe to Say Google Music Has Failed? -- Google's giant footprint was to give Google Music unparalleled access to music lovers. But according to a report by CNET's Greg Sandoval, Google Music has disappointed industry executive ...

  24. The Message of Facebook's IPO Filing: Social is Your Future

    February 02, 2012 11:17 AM EST Screen shot from Facebook's 188-page Securities Exchange Commission IPO filing . Reading through Facebook's IPO filing is like an episode of "This Is Your Life." This is where you and your artist's fans spend a good chunk ...

  25. Facebook $5 Billion IPO Fueled By Advertising

    February 02, 2012 6:30 AM EST Even though Facebook has barely gotten started when it comes to advertising, the company can thank Madison Avenue for the stunning $5 billion initial public offering (IPO) it filed on Wednesday (Feb. 1). Advertising dollars accounted for 85 percen ...

  26. Business Matters: Is Facebook Filing a $5 Billion IPO Wednesday?

    January 31, 2012 9:44 PM EST Is Facebook Filing a $5 Billion IPO Wednesday? -- Facebook may file with the SEC on Wednesday to raise $5 billion through an initial public stock offering, according to a report at International Financing Review. A $5 billion IPO is lower than rec ...

  27. Moontoast Raises $6 Million

    January 06, 2012 12:40 PM EST Social commerce startup Moontoast has closed a $6 million round of funding from existing investors. Nashville-based The Martin Companies led the round. Investors see a big opportunity in social commerce. "We believe there is a fundamental shi ...

  28. Warner Music's $205 Million Loss: No Cause for 'Buyer's Remorse'

    December 09, 2011 8:09 AM EST In issuing the first annual financial report since Access Industries completed its acquisition of the Warner Music Group in July , the headline $205 million net loss the company reported will likely fuel more uneducated speculation about Access ha ...

  29. Business Matters: Music Discovery Abounds, Conversion Needs Improvement: Study

    November 10, 2011 7:00 PM EST Music Discovery Abounds, Conversion Needs Improvement: Study -- Music discovery is alive and well, according to a new NPD Group/NARM study released Thursday. But there are some concerns that digital platforms too easily provide free content withou ...

  30. Viacom Demands to Be Repaid $131 Million From Shareholders of 'Rock Band' Maker

    September 19, 2011 3:30 PM EDT Shareholder lawsuits against big corporations are quite common. But rarely does a corporation turn around and sue its stockholders. That's what's happening at Viacom, which on Friday sued former stockholders of ex-subsidiary Harmonix Mus ...

  31. Business Matters: Three Things to Watch for in Pandora's Q2 Earnings Report

    August 24, 2011 6:52 PM EDT Unpacking Pandora's (Q2 Earnings Report) Box -- Pandora Media will report its first quarterly earnings since its IPO at 5pm ET Thursday. Close scrutiny is both likely and understandable - Pandora is a bellwether of the Internet radio market a ...

  32. Turntable.fm Had 207,000 Uniques in July -- Impressive, But Not as Big as Some Said

    August 12, 2011 5:15 PM EDT Turntable.fm may have raised $7.5 million and captured the fascination of music lovers across the U.S., but more established music services need to worry just yet. According to comScore information shared with Billboard.biz, Turntable.fm had 207,0 ...

  33. SiriusXM Attempting to License Directly From Labels

    August 11, 2011 8:00 AM EDT SiriusXM Radio, via Music Reports Inc., is attempting to directly license music from record labels, bypassing SoundExchange, Billboard.biz has learned. Currently, SiriusXM operates under a statutory license and pays royalties to SoundExchange. In ...

  34. Warner Music Group Plans Modest Restructuring Under Access Ownership

    July 25, 2011 9:00 AM EDT Now officially under new ownership , the Warner Music Group plans to achieve cost savings between $50-65 million over the next 27 months. The company plans to achieve those saving through "certain planned corporate restructuring initiatives,& ...

  35. Access Industries Completes Acquisition of Warner Music Group

    July 20, 2011 12:51 PM EDT Access Industries has completed its acquisition of the Warner Music Group ahead of plan, thanks to compliant regulatory agencies and a resilient bond market willing to absorb $1.045 billion in a new bond offering from the company and shareholders ...

  36. Legal Documents Relating to Beyonce, Mathew Knowles May Shed Light on Singer's New Management, Touring Deals

    July 13, 2011 7:09 PM EDT The legal papers filed this week by Mathew Knowles, Beyonce's father and former manager, state that Live Nation Entertainment made false claims about him to his daughter - including that he "stole or took money from her" - at least ...

  37. James Dolan, Cablevision President and CEO, Joins Live Nation Board

    July 01, 2011 8:32 AM EDT James Dolan, president and chief executive officer of Cablevision Systems Corporation was elected to the Live Nation board of directors on Tuesday, according to documents filed with the SEC Thursday. The addition adds substantial media heft to the ...

  38. EMI: Who's Lining up to Buy It?

    June 22, 2011 4:01 PM EDT While EMI announced earlier this week that it is exploring strategic alternatives that will see the company either sold, go public or be recapitalized, the betting is that the major will be put up on the auction block as the first option. Citigrou ...

  39. Business Matters: Pandora Raises IPO Price, BTIG Analyst Advises Investors to Pass

    June 10, 2011 4:14 PM EDT Pandora IPO: Bulls vs. Bears -- Pandora is feeling good about its initial public offering of common stock. The company has upped the number of shares and its target price for its IPO, according to a revised S-1 SEC filing . The original plan was t ...

  40. Business Matters: Another Sign of Retail Life -- Hastings Music Sales Up 1.3%

    June 08, 2011 6:45 PM EDT Slightly Better Than Flat Is the New Up! -- Here's another example of brick-and-mortar retail reaching something of a plateau: Hastings' music sales were up 1.3% in the quarter ended April 30. That's a few percentage points better t ...

  41. Business Matters: Pandora Thinks Its IPO Could Net It $33 Million

    June 03, 2011 3:14 PM EDT Pandora Thinks Its IPO Could Net It $33 Million Pandora is hoping its IPO will raise a total of about $141 million. If you've read about the IPO in the news, that's the number being used as the total amount of proceeds the company will r ...

  42. Business Matters: Groupon Files for IPO -- A Look at the Numbers

    June 02, 2011 8:34 PM EDT Groupon Files for IPO. A Look at the Numbers. -- Daily deal company Groupon, soon to be a major player in concert tickets, has filed for an IPO. The company's S-1, filed with the SEC Thursday, reveals that Groupon has real -- not potential -- ...

  43. 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 ...

  44. Access Reveals Its Warner Music Acquisition Financing Plan in Proxy Statement

    May 23, 2011 4:57 PM EDT Access Industries plans to finance its planned $3.3 billion acquisition of the Warner Music Group by putting up $1.118 billion in equity, obtaining $1.045 billion in bridge loans from Credit Suisse AG and UBS Loan Finance. It will ask the senior s ...

  45. Warner Music Group Passed Up Higher 'Conditional Bid' to Go With Blavatnik's Access Industries

    May 20, 2011 9:06 PM EDT Showing beyond doubt that investor interest in the music industry remains strong, the Warner Music Group auction brought out 17 interested parties before 10 wound up submitting bids , according to a proxy statement filed with the SEC today. In the ...

  46. Business Matters: What the Economist's Analysis of the Warner Acquisition Missed

    May 16, 2011 5:26 PM EDT Three Things Missing from The Economist's Take on Warner Acquisition --While it's great that The Economist would chime in on Access Industries' acquisition of Warner Music Group, the article doesn't actually say anything of sub ...

  47. Business Matters: Microsoft's Acquisition of Skype Means Nothing for Us, Rdio Says

    May 11, 2011 8:21 PM EDT Microsoft's Acquisition of Skype Means Nothing for Us, Rdio Says -- What does Microsoft's $8.5 billion acquisition of Skype mean for upstart music service Rdio? Recall the two companies are closely related. Prior to founding Rdio, Niklas ...

  48. Pandora Adds Huge Archive of Comedy Clips

    May 04, 2011 11:19 AM EDT Pandora has added comedy tracks to its personalized Internet radio service. The company's comedy content currently includes 10,000 "sketches" from over 700 comedians, Pandora explained in a blog post. Pandora says it has a team of w ...

  49. 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 ...

  50. 'Rethinking Music': A Guest Post From Allen Bargfrede, Executive Director of Berklee's Rethink Music

    April 25, 2011 1:06 PM EDT (Rethink Music : Creativity, Commerce, and Policy in the 21st Century, presented by Berklee and MIDEM in association with Harvard Business School, takes place in Boston tomorrow and Wednesday (April 26 - 27). The conference brings together creator ...

Pages