United Kingdom

  1. Business Matters: Are DJs and EDM Artists Making Sure They're Getting Paid?

    February 13, 2013 6:59 PM EST As EDM becomes big business in the United States, some food for thought comes from PRS for Music, the collection society in the United Kingdom. PRS announced Wednesday it launched an electronic music initiative called Amplify to better ensure el ...

  2. The Fall of HMV: U.K. Music Execs Debate What Went Wrong, What's Next

    January 27, 2013 3:30 PM EST The January 14 announcement that HMV, the U.K.’s leading entertainment retailer, had entered administration was not unexpected -- having long struggled with year-on-year declines in sales and mounting debts -- but its fallout still has serious r ...

  3. Universal-Led Suppliers Liable for Up to $242 Million If HMV Folds: Report

    December 27, 2012 10:51 AM EST British music and DVD retailer HMV, which has said it faces a liquidity crunch early in the new year, has seen $65 million in benefits from financial support from product suppliers, led by Universal Music, the Daily Telegraph reported Thursday. Mu ...

  4. Apollo Global Management Invests In HMV, Eyes Possible Takeover: Report

    December 17, 2012 9:57 AM EST New York-based investment group Apollo Global Management has bought a 10% holding in struggling U.K. music retailer HMV, with a possible view to acquiring the company, according to reports. . Apollo Global Management -- commonly referred to as a v ...

  5. Morning Fix: Daniel Glass on Mumford & Sons; Microsoft and Rdio; Adele Returns; Jay-Z's New YouTube Channel

    October 05, 2012 8:05 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters JEFF CASTELAZ NAMED PRESIDENT OF ELEKTRA RECORDS: Jeff Castelaz has been named President of Elektra Records, where he will oversee all areas of the label's operation w ...

  6. Simon Fox, HMV CEO, Stepping Down, Trevor Moore Named Successor

    August 02, 2012 10:20 AM EDT The HMV Group, owner of the UK's largest entertainment retailer, today announced in a statement to investors that CEO Simon Fox would be stepping down on September 3 and would be replaced by Trevor Moore. Moore, was formerly the chief executi ...

  7. Exclusive: Naive's Patrick Zelnik Talks Universal-EMI Merger, Plan to Buy Virgin With Branson, More

    July 19, 2012 1:00 PM EDT Patrick Zelnik, founder and CEO of French independent label and distributor Naïve and co-President (for now) of Impala, the independent label association, has made international headlines over the last few days: On Monday a surprising op-ed he wro ...

  8. Updated: Universal Music Offers to Sell More Assets to Salvage EMI Deal

    July 19, 2012 8:41 AM EDT Universal Music has upped the ante in its efforts to gain approval for its proposed purchase of EMI's recorded-music division, offering to sell off even more parts of EMI, according to a report in Financial Times. The European Commission reje ...

  9. Updated: Richard Branson Interested in Buying Back Virgin Records With Impala's Patrick Zelnik

    July 17, 2012 7:59 AM EDT LONDON - Virgin Group founder Richard Branson has expressed his interest in a potential bid for the Virgin Records label he founded. Vivendi's Universal Music Group is meeting with European regulators in Brussels this week to discuss possible ...

  10. The Jubilee Bump: How The Queen's Diamond Jubilee Is Boosting UK Music Sales

    June 06, 2012 3:26 PM EDT Robbie Williams performing at the Queen's Diamond Jubilee concert outside Buckingham Palace on Monday (June 4). (Photo: Getty) As the U.K. awaited an in-depth post-match report on the effects of the four-day (June 2-5) Jubilee celebrations on ...

  11. AEG Live Leads Bidding for UK's HMV Live (Report)

    May 21, 2012 12:05 PM EDT AEG Live is leading the race to acquire HMV's profitable live division, according to British newspaper the Daily Mail. The Daily Mail reports that AEG Live has been granted preferred bidder status to purchase the HMV-owned Mama Group, which t ...

  12. Sainsbury's, UK's Third-Largest Supermarket, Launches Music Download Store

    May 07, 2012 8:10 AM EDT Sainsbury's, the U.K.'s third-largest supermarket, has launched its own music download store. Effective immediately, a catalog of over 2.3 million tracks is available for U.K. consumers to purchase from Sainsbury's Entertainment web ...

  13. HMV Blames 'Weak New Release Schedule' For $26 Million Loss (But Predicts Imminent Return To Profitability)

    May 04, 2012 11:55 AM EDT Troubled British retailer HMV has forecast a pre-tax loss of £16 million ($25.9 million) for the year ending April 28, blaming a "weak new release schedule in CDs and DVDs" in the fourth quarter for the lower than expected sales. The ret ...

  14. UK Musicians' Union, Artists, Labels Protest BBC Canceling Scottish 'Global Gathering' Show

    May 01, 2012 12:58 PM EDT The BBC has once again got the music industry up in arms following plans to axe the Scottish-themed Mary Ann Kennedy's Global Gathering, a long-running music program on the regional broadcaster BBC Radio Scotland. Global Gathering, which has ...

  15. You Me At Six, EMI License First Original Song For A Rollercoaster

    March 06, 2012 2:23 PM EST You Me At Six, who composed a song for the Swarm rollercoaster, featured on the Thorpe Park homepage. EMI Music has licensed what it claims is the world's first dedicated rollercoaster soundtrack. EMI/Virgin Records rock band You Me At Six ha ...

  16. Charlotte Church Gets Nearly $1 Mil. in Murdoch Phone Hacking Settlement

    February 27, 2012 7:45 AM EST LONDON -- Charlotte Church, who testified about being hounded by Rupert Murdoch's journalists when she was a teen singing sensation, received 600,000 pounds ($951,000) Monday in a settlement from News International. Despite her legal victory, ...

  17. Sir Richard Branson To Be Honored At Pre-Grammy Gala

    January 19, 2012 12:38 PM EST Sir Richard Branson, founder of the Virgin Group, will be honored at Clive Davis and Recording Academy's Pre-Grammy gala this year. Branson will be presented with the President's Merit Award "in recognition of his significant contri ...

  18. HMV Holiday Sales Tumble As Interest In Retailer's Live Division Grows

    January 09, 2012 11:01 AM EST Troubled U.K. entertainment retailer HMV ended 2011 in much the same way that its year began: with falling sales and mounting speculation about its future. The company's latest financial statement reports that the company suffered an 8.1% dro ...

  19. CNN's Piers Morgan Refuses To Name Source of Paul McCartney Phone Hack

    December 20, 2011 1:38 PM EST LONDON (AP) -- CNN celebrity interviewer Piers Morgan refused to disclose details Tuesday about his most damning link to Britain's phone hacking scandal - his acknowledgment that he once listened to a phone message left by Paul McCartney for ...

  20. Nick Gatfield, Former EMI Exec, Calls Working Under Guy Hands' Regime 'Uncomfortable'

    December 19, 2011 5:47 PM EST (Bill Werde -- @bwerde -- is Billboard's editorial director. This post first was published on his Tumblr page .) For those who keep abreast on the comings, goings and inner workings of major music companies, the Guardian ran a doozy of an int ...

  21. HMV Reports Further Losses, May Sell Live Division to Boost Finances

    December 19, 2011 3:29 PM EST Struggling U.K. entertainment retailer HMV is considering selling its profitable live division, HMV Live, following yet another significant drop in sales. HMV Group posted a total loss of £50.1 million ($77.8 million) for the 26-week period ending ...

  22. Singer Charlotte Church: UK Press Destroyed My Career

    November 28, 2011 3:30 PM EST She was just 13 when Rupert Murdoch asked her to sing at his wedding. Charlotte Church was given a choice: a 100,000 pound fee, or a chance to generate good will with the media magnate by performing for free. She wanted the cash, but her record co ...

  23. 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 ...

  24. Australia's Bigsound Conference: Alan McGee Provokes; Robbie Williams' Hefty EMI Deal; Chugg Lambasts McGee

    September 13, 2011 7:00 AM EDT The 10th anniversary Bigsound conference took place last week in Brisbane, Australia. Billboard's Australia correspondent Lars Brandle was there to take in all the sounds and soundbites. "The Australian" newspaper music editor Iain ...

  25. HMV Sales Drop 15%, Company Announces New Exec Appointments

    September 09, 2011 4:36 PM EDT Struggling U.K. music retailer HMV has reported a further fall in retail sales for its first quarter, but remains optimistic that its new tech-led strategy shows the way to recovery. Like-for-like sales for the 18 weeks ending September 3 2011 dro ...

  26. Paul McCartney To Contact Police Over Phone Hacking, Calls It 'Horrendous Violation of Privacy'

    August 05, 2011 7:30 AM EDT LONDON (AP) - Former Beatle Paul McCartney said Thursday he would contact police over his ex-wife's claim that the couple had been spied upon by a British newspaper. In comments to U.S. television journalists delivered via videolink from Cinc ...

  27. U.K. Indies Get German Invite

    July 29, 2011 11:43 AM EDT U.K. labels association the BPI is teaming up with funding body UK Trade & Investment (UKTI) in an attempt to ease British independents' access to the German recorded music market, which earlier this year was confirmed as Europe's la ...

  28. Business Matters: HMV Woes Signal Even Bigger Retail Changes Ahead

    July 05, 2011 5:42 PM EDT Ask Not For Whom The Bell Tolls…: HMV -- If you took a long holiday weekend you may have missed the news that retail chain HMV posted a large annual loss and is in the midst of restructuring the company into a "broad-based entertainment busin ...

  29. HMV's Profits Plunge, More Challenges Ahead

    June 30, 2011 8:19 AM EDT LONDON (Reuters) - Struggling music and DVD retailer HMV , which has been selling off assets in a bid to secure its future, said trading conditions were set to remain tough as it posted a 61 percent drop in annual profit. The 90-year-old group, wh ...

  30. HMV to Sell 125 Canadian Stores: Report

    June 27, 2011 7:18 AM EDT LONDON (Reuters) - Struggling British retailer HMV is set to announce the sale of its 125-store Canadian business to restructuring specialist Hilco's Valco Capital Partners arm, the Sunday Telegraph reported. An HMV spokeswoman declined to co ...

  31. HMV Selling Waterstone's Book Unit for $86 Million

    May 20, 2011 7:23 AM EDT LONDON - Struggling entertainment retailer HMV Group PLC said Friday it is selling its Waterstone's bookshops to raise 53 million pounds ($86 million). The sale of the bookstore chain to A&NN Capital Fund Management Ltd. comes ahead of a ...

  32. Simon Cowell Tops Mick Jagger, Sting In UK music Rich List

    May 04, 2011 10:29 PM EDT "The X Factor" and former "American Idol" judge Simon Cowell jumped to number 6 in the British music rich list in 2011 after his fortune hit 200 million pounds ($330 million), Britain's Sunday Times newspaper said on Thurs ...

  33. Beggars Group Opens West Coast Office

    April 25, 2011 6:06 PM EDT Beggars Group , the label consortium that houses seminal indie houses Matador Records, XL Recordings, 4AD and Rough Trade, has opened up west coast offices in the Silver Lake area of Los Angeles. The move follows the west coast migration of Matado ...

  34. 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 ...

  35. 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 ...

  36. U.K. Telecom Giant BT Planning Music Subscription Service

    March 30, 2011 1:33 PM EDT U.K. telecom giant BT is reported to be working on a music download service that would be available to its 5.5 million broadband customers. According to The Guardian , "BT says it will unveil the product 'in the near future,' while ...

  37. BBC To Close 200 Websites In Cost-Cutting Move

    January 24, 2011 12:00 AM EST Britain's state-backed public broadcaster the BBC said Monday it would close 200 websites over the next two years in a drive to slash costs and reshape online content. The move, which includes the loss of 360 jobs, is part of a raft of cost-c ...

  38. Vodafone Director @ MIDEM Claims 1 Million Paid Mobile Music Subscriptions

    January 22, 2011 12:00 AM EST CANNES, France -- With the collapse of Comes With Music in most Western markets, it's fair game to question how well mobile music is doing in Europe. Lee Epting, the content services director for one of the continent's larger network ope ...

  39. U.K.'s Major Label Heads Rally Around Beleaguered Music Retailer HMV

    January 20, 2011 12:00 AM EST Music and books retailer HMV has appointed accountancy firm KPMG to advise on its debt and help it meet an April test of its borrowing rules, a source familiar with the situation said. The source said Thursday that KPMG, already an adviser to HMV, ...

  40. BSkyB To Shutter Sky Songs

    December 07, 2010 12:00 AM EST Satellite TV giant and U.K. ISP BSkyB is to shutter its Sky Songs service on Feb. 7, 2011. The service was launched in October 2009 and offered unlimited streaming and five MP3 downloads for £4.99 ($7.87) a month. However, it is reported that Sky ...

  41. U.K. Govt Says Wants Europe's Best Broadband By 2015

    December 07, 2010 12:00 AM EST Britain should have a digital hub in every community to help it build Europe's best broadband network by 2015, which could create up to 600,000 new jobs and add 18 billion pounds ($28 billion) to GDP, the government said. Culture ministers Je ...

  42. HMV Backs New Artists With U.K. Fest

    December 02, 2010 12:00 AM EST U.K. entertainment retailer HMV is bringing back its Next Big Thing festival in London, Birmingham and Edinburgh in February. The second edition of the event for more than 100 emerging artists is taking place from Feb. 4-13. HMV is staging the eve ...

  43. Branson Scoops Murdoch With Digital Magazine

    December 01, 2010 12:00 AM EST Virgin founder Richard Branson rolled out his iPad-only magazine Tuesday (Nov. 30) by declaring: "The future of publishing lies in apps not on shelves." But Project is actually the gadfly billionaire's second stab at magazine moguld ...

  44. Billboard Q&A: Chrysalis' Chris Wright & BMG's Hartwig Masuch

    November 26, 2010 12:00 AM EST In just three weeks, Germany's rapidly expanding BMG Rights Management has reached an agreement on what must be its biggest deal to date: a £107.4 million ($168.6 million) offer - already accepted by 73.4% of shareholders - for British music ...

  45. BMG Acquires Chrysalis

    November 26, 2010 12:00 AM EST BMG Rights Management has agreed a deal to acquire Chrysalis for £107.4 million ($168.6 million). It follows three weeks of talks between BMG and Chrysalis, one of the world's biggest independent publishers. The company has a 100,000-strong c ...

  46. HMV To Close Central London Store

    November 19, 2010 12:00 AM EST HMV, the U.K.'s leading entertainment retailer, is to close one of its central London stores. The closure of HMV's 35,000 sq. ft 360 Oxford Street outlet comes into effect April next year, according to the company. HMV recently renewed i ...

  47. Russian Billionaire Increases Stake in HMV

    November 10, 2010 12:00 AM EST Bloomberg reports that Russian oligarch Alexander Mamut has increased his stake in HMV Group, the British company which owns and operates leading U.K. entertainment retailer HMV. According to Bloomberg, Mamut has upped his existing stake in HMV Gr ...

  48. 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 ...

  49. Ministry Of Sound Suspends P2P Legal Campaign

    November 03, 2010 12:00 AM EDT U.K. dance label Ministry of Sound says it will continue to pursue illegal uploaders of its repertoire, despite a blow to its campaign to target individuals and seek compensation. Ministry of Sound has put on hold its campaign, launched in the sum ...

  50. Bob Dylan To Headline Byron Bay Bluesfest

    November 03, 2010 12:00 AM EDT Organizers of Byron Bay's annual Bluesfest have pulled off a major coup with the announcement today (Nov. 3) that Bob Dylan, BB King and Elvis Costello will headline the 2011 edition. The triumvirate are all first-timers at the popular Bluesf ...

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