Wall Street Journal

  1. Spotify Said to Be Training for Its IPO, Practicing Earnings Calls (Report)

    June 23, 2014 10:20 AM EDT Since early this year, Spotify has been dropping hints that it may go public in the near future -- namely, obtaining a $200 million credit line ,  posting a job listing for an "External Reporting Specialist,"  and acquiring music intelli ...

  2. France Drops Anti-Discrimination Case Against Bob Dylan

    April 16, 2014 10:47 AM EDT French prosecutors have dropped the charges levelled at Bob Dylan last year after the singer made comments about Croatians that were alleged to violate the country's anti-discrimination laws, the Wall Street Journal reports . Instead, law off ...

  3. Spotify to Receive $250M Investment, Valued 'North' of $4B (Report)

    November 21, 2013 3:01 PM EST Spotify has secured a $250 million investment round led by Technology Crossover Ventures on a valuation "north" of $4 billion, according to a story from the Wall Street Journal . The news affirms, with slight tweaks, rumors from two week ...

  4. Morning Fix: Holiday Music Sales Drop; MP3 Player Sales Dwindle; Fiscal Cliff Nears; Britney Spears Exiting 'X Factor'?

    December 28, 2012 8:45 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters HOLIDAY BLUES: MUSIC SALES DOWN 10%: In the absence of a steady-selling blockbuster title like Adele 's "21" or Michael Buble ...

  5. Morning Fix: Bruno Mars Vs. Taylor Swift on Billboard 200; Clive Davis To Honor L.A. Reid at Pre-Grammy Party; Jenni Rivera Memorial Service

    December 18, 2012 8:35 AM EST Head HERE to subscribe to Billboard's free Morning Fix email and other free music-business newsletters BRUNO MARS VS. TAYLOR SWIFT FOR NO. 1 ON BILLBOARD 200 CHART: After a surprisingly strong sales weekend for Bruno Mars' new album Unor ...

  6. Rolling Stones Added to Sandy Relief Concert

    December 07, 2012 1:46 PM EST The Rolling Stones have been added to the 12-12-12 Concert for Sandy Relief, organizers announced Friday at a press conference in New York. The reunited group joins a who's who of some of rock's most iconic voices that will perform at Ma ...

  7. Morning Fix: Live Nation Going to Russia; Pandora Stocks Plummet; UMG/EMI Outline Germany Plans

    December 05, 2012 8:45 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters LIVE NATION EXPANDING TO RUSSIA: Like Apple iTunes , Live Nation Entertainment has announced it plans to expand operations to the Russian li ...

  8. Morning Fix: Broadcasters Get Earful at House Hearing; Rihanna Rules Charts; Dre Tops Forbes; iTunes 11 Today?

    November 29, 2012 7:45 AM EST Head HERE to subscribe to Billboard's Morning Fix email and our other free music-business newsletters BROADCASTERS GET AN EARFUL AT INTERNET RADIO FAIRNESS HEARING: In a rather lively Congressional hearing that was supposed to be about Intern ...

  9. AEG, StubHub Partnership Brings Benefits Far Beyond Secondary Ticketing

    November 12, 2012 6:51 PM EST A deal that pairs the world's second-biggest concert promoter and the world's second-biggest e-commerce company could unlock value for artists, managers and the promoter -- and further legitimize secondary ticketing. AEG has partnered wi ...

  10. Spotify Raising $100m for Expansion; Opening in Latin America, Eastern Europe Next Year

    November 11, 2012 9:00 AM EST Spotify is close to wrapping up a $100 million round of funding at a valuation of $3 billion as it prepares for expansion into Latin America and expanding further across Europe in 2013. The latest round of funding, confirmed by a source familiar w ...

  11. Peermusic, Bug, Warner, Others Win $6.6 Million in LiveUniverse Lyrics Lawsuit

    October 11, 2012 4:51 PM EDT Michael Jackson once sang, "You can't win / You can't break even/ And you can't get out of the game." With that in mind, a group of music publishers including Peermusic, Bug Music and Warner Chappell Music has won $6.6 mil ...

  12. Business Matters: Deezer's New Funding Puts It In A Coke/Pepsi Race With Spotify

    October 08, 2012 4:36 PM EDT When music subscription service Deezer confirmed Monday it raised $130 million in a round led by Warner Music Group owner Access Industries , the subscription music market suddenly had two well-funded frontrunners putting their support behind a si ...

  13. Morning Fix: Mike Easterlin Named Fueled By Ramen GM; Jay-Z's Live Album; Simon Fuller's Parlophone?

    October 08, 2012 8:33 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MIKE EASTERLIN NAMED GM OF FUELED BY RAMEN: The shockwaves of big executive moves keep on rolling. Mike Easterlin, head of promotion at Roadrunner Records , has been named ...

  14. 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 ...

  15. Morning Fix: Mumford & Sons Face Muse; Nielsen Numbers; Bieber, Rihanna Fan Sites Fined $1 Mil; Replacements Reunion?

    October 04, 2012 7:34 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. JOHN JANICK NAMED PRESIDENT/COO OF INTERSCOPE GEFFEN A&M: It's official: John Janick has been named president and chief operating officer of Interscope Geffen A&a ...

  16. Morning Fix: Mumford Mania; Apple's iPad Mini; Best Buy Buyers

    October 03, 2012 7:37 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MUMFORD & SONS' BABEL HAS 2012'S BIGGEST DEBUT, TOPS BILLBOARD 200. Mumford & Sons' sophomore release Babel had an historic first week: The British ...

  17. Apple's Internet-Radio Service Faces Many Snags, Not Just Sony/ATV

    October 01, 2012 4:57 PM EDT While digital and satellite radio services may have another level of negotiations to navigate for Apple's forthcoming radio service, a report last week by the New York Post claiming that Sony/ATV Music Publishing is the snag holding up the la ...

  18. Morning Fix: Universal-EMI EU Approval Tomorrow? Amanda Palmer Pays; Cash Money Signs Caskey

    September 20, 2012 12:33 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. AEG SALE LIKELY TO ATTRACT L.A. CONSORTIUM BID: The announcement that s ports and live-entertainment giant AEG is for sale for a reported $7 to $8 billion , has prompted s ...

  19. AEG Sale Likely to Attract L.A. Consortium Bid

    September 19, 2012 2:40 PM EDT AEG, which owns the global No.2 concert promoter in AEG Live, has been put on the block and is expected to bring in around $7 billion to $8 billion . The Los Angeles-based firm is likely to attract a bid from a local consortium, according to peopl ...

  20. Updated: Anschutz Company To Sell AEG

    September 18, 2012 8:32 PM EDT The Anschutz Company is considering selling sports and entertainment company Anschutz Entertainment Group (AEG), the Wall Street Journal reported late on Tuesday, citing people familiar with the matter. A news release was later sent confirming tha ...

  21. Pandora Shares Rebound After iRadio No-Show

    September 14, 2012 8:15 PM EDT Shares of Pandora Media have recaptured over half the value lost after a Wall Street Journal report alerted investors Apple was considering building an Internet radio service. After starting the week with Apple's boot on its neck, Pandora end ...

  22. From This Week's Billboard: Apple's iRadio Blossoms Into Internet Radio Market

    September 14, 2012 12:38 PM EDT Below is an excerpt from the feature story "Apple's iRadio Blossoms" -- an in-depth look at Apple's forays into the online radio market -- from this week's edition of Billboard Magazine, which also features an in-depth loo ...

  23. Apple iPhone 5 Announcement: What to Expect

    September 12, 2012 9:03 AM EDT Apple is widely expected to announce an iPhone 5 at an event starting at 1 pm ET today. Along with the event comes the usual -- if not more -- speculation given to every product launch to what now stands as the world's most valuable company. ...

  24. Morning Fix: UMG-EMI Merger, YouTube Goes iOS, Russell Simmons Writes To Jay-Z

    September 11, 2012 7:34 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. SPOTIFY PRICING STAYING PUT: Spotify is set on its current prices as reports circulate its working on a browser-based version of its subscription service. Well, for the mo ...

  25. Business Matters: 5 Reasons Why Apple Wants to Move Into Pandora Territory

    September 07, 2012 10:43 AM EDT Apple is in negotiations with rights holders for an Internet radio service similar to Pandora, according to reports in the Wall Street Journal and the New York Times . It appears Apple executives spot a hole in the needs of their consumers and the ...

  26. Morning Fix: Apple's Pandora-Rival Plans; Obama, Madonna & Twitter; MTV's Not-So-Shocking VMAs

    September 07, 2012 7:32 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MTV VMAS 2012: RIHANNA, ONE DIRECTION FIND LOVE & MOONMEN: The most shocking aspect of the 2012 MTV Video Music Awards? That would be the lack of shocking moments at t ...

  27. Guest Post: 'Pay What You Want' Comes to Music Apps -- Will Musicians Be More Generous Than Their Fans?

    September 06, 2012 12:40 PM EDT The following is a guest post from Adam Hanft, a brand strategist whose clients include Barnes & Noble,Vinfolio, Original SoupMan, and Wheelz. He also writes for Huffington Post, Fast Company and other media. Billboard.biz welcomes responsible ...

  28. Google Reinstates Grooveshark App

    August 28, 2012 6:14 PM EDT More than a year after being r emoved from Google's app store for the Android - reportedly under pressure from major labels - Grooveshark's app reappeared today, although the four major labels' lawsuits against the company continue. ...

  29. Spotify Grew Fast, Lost Money in 2011 -- No Surprises

    August 23, 2012 2:07 PM EDT Two bits of unsurprising news could be found in a Wall Street Journal report containing Spotify's 2011 financials: Spotify grew fast and lost money. To no surprise, Spotify's losses mounted as it expanded in the U.S. and elsewhere in 201 ...

  30. Spotify to Launch in Canada: Report

    August 22, 2012 12:33 PM EDT Spotify is planning to launch in Canada, according to a Wall Street Journal report citing accounts filed by the company's Luxembourg-based holding company, Spotify Technologies SA. The company added it may also expand into "countries in ...

  31. Business Matters: Facebook's Not Alone in its Mobile Problems

    July 27, 2012 4:15 PM EDT Facebook's Numbers Normal, But Stock Dips Anyway Facebook is being punished for being normal. After the company released decent, entirely expected quarterly results Thursday afternoon, investors decided the company doesn't have a strong ...

  32. Business Matters: What Zynga's Troubles Mean for the Music Business

    July 26, 2012 6:35 PM EDT What Zynga's Troubles Mean for the Music Business -- Games have always provided an outlet for music, but opportunities can be short-lived. A year ago Zynga was going to be the future of entertainment and provide an avenue for music to be used ...

  33. Business Matters: YouTube Has Found Its Groove, Says Google

    July 20, 2012 5:34 PM EDT YouTube Has Found Its Groove, Says Google -- Google believes YouTube has reached a tipping point. "I think we can declare we found our model," said Nikesh Arora, Google's senior vice president and chief business officer, during Thur ...

  34. Bruce Springsteen Mocks London Concert Curfew; UK Official Says There Were 'No Safety Issues'

    July 18, 2012 8:09 AM EDT LONDON - Bruce Springsteen Tuesday night poked fun at the London concert organizers who had cut off the power during his Saturday night concert in Hyde Park due to a noise curfew. When he took to the stage in Dublin, "The Boss" flipped a ...

  35. 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&# ...

  36. How Nick Stern Hopes to Repeat Success of Clap Your Hands Say Yeah's Self-Distribution Model With Circa Survive

    June 27, 2012 10:00 AM EDT The record industry is no stranger to self-release and pay-what-you-like albums, with acts like Clap Your Hands Say Yeah, Amanda Palmer, and Radiohead opting to deliver new material to their fans via their websites rather than deal with record lab ...

  37. Victoria Espinel, 'I.P. Czar,' Set For A2IM's Indie Week Keynote

    June 14, 2012 1:28 PM EDT A2IM's Indie Week kicks off its seventh year June 19, and before the organization's inaugural Libera Awards honor the top independent labels and musicians, U.S. Intellectual Property Enforcement Coordinator Victoria Espinel will give the ...

  38. ICM Finalizes Equity Firm Buyout, Excludes Former CEO Jeffrey Berg

    May 23, 2012 4:28 PM EDT International Creative Management has finalized its deal to buy out majority owner Rizvi Traverse Management and has formed a new partnership structure for the agency, the company said Wednesday. ICM will be renamed ICM Partners to reflect the cha ...

  39. Hip Hop Hall of Fame Finds NYC Home

    May 22, 2012 8:53 AM EDT NEW YORK (AP) -- Organizers say the Hip Hop Hall of Fame Museum has found a home in midtown Manhattan. The Wall Street Journal, says the plans also include a restaurant, arcade, concert lounge, television studios, marquee, community and corporat ...

  40. Jasper Donat On Music Matters 2012: Troy Carter, Growing Asian Touring Market, Music Publishing In 53 Countries

    May 21, 2012 10:45 AM EDT (Photo Courtesy: Music Matters) Music Matters 2012, the industry one-stop covering "all that matters" (as their catchphrase declares) in music, entertainment, technology and media in the Asia Pacific region, is back for its second year i ...

  41. Senate to Hold Antitrust Hearings on Universal-EMI Deal

    May 11, 2012 7:41 PM EDT A U.S. Senate panel will hold a hearing on Universal Music Group's pending acquisition of EMI's recorded-music division, according to the Wall Street Journal and other media reports. The move adds another step to the complex regulatory r ...

  42. The 'Mad Men' Beatles License Cost $250,000 (Report)

    May 07, 2012 7:05 PM EDT AMC's "Mad Men" has a hard-earned reputation for historical accuracy, and it turns out that production studio Lionsgate is more than willing to finance that. In last night's episode, titled "Lady Lazarus," star ad man ...

  43. Business Matters: Tax Day $2.99 Albums A Hit for Google Music

    April 27, 2012 5:26 PM EDT Google Play's Tax Day Deal Bumped Sales Selling digital albums for $2.99 won't help Google Music reach the company's initial projections, but it's one way for the young download store to move the needle. On April 17, Google Pla ...

  44. Tupac Coachella Hologram 'Very Unique' Legally, Says Music Attorney Donald Passman

    April 17, 2012 7:46 PM EDT The Tupac Shakur "hologram" used onstage at Coachella Valley Arts & Music Festival over the weekend isn't a novelty in just the live music business. It's also a rarity in entertainment law. "It's very unique," ...

  45. Tupac Shakur Hologram Could Tour Venues Beyond Coachella

    April 16, 2012 9:52 PM EDT A digital recreation of late rapper Tupac Shakur was perhaps the most-discussed artist of last weekend's Coachella Music Festival -- and his stage time may continue past this Sunday's repeat performance. According to a Wall Street Journa ...

  46. Secrets Behind K-Pop's Global Success Explored at SXSW Panel

    March 16, 2012 6:14 PM EDT "Do Music Moguls Know A Secret About K-Pop?" That was the question posed by a Friday afternoon panel looking to shed some light on Korean pop's transition from Asian music craze to American crossover, as well as the big business tha ...

  47. Billboard.biz's 2012 SXSW Blog Part 2

    March 14, 2012 2:06 PM EDT Billboard.biz's 2012 SXSW Blog March 17, 2012 | Person ON the Street Man on the Street: Fred Mills, Editor, Blurt Magazine Fred Mills, Editor, Blurt Magazine Billboard.biz: What's the best band/artist you've seen yet? Fred Mills: Br ...

  48. Business Matters: Are Royalties and Windowing Legitimate Controversies for Subscription Services?

    February 28, 2012 7:50 PM EST Are Royalties and Windowing Legitimate Controversies for Subscription Services? -- The recurring theme -- or broken record -- of digital music in the last few months has been the "controversy" regarding artists' discontent with subs ...

  49. Impala Reiterates Its Opposition to EMI Publishing/Sony Merger

    February 28, 2012 3:25 PM EST Independent rights group Impala is reiterating its opposition to Sony's acquisition of EMI Music Publishing from Citigroup. Tuesday's statement comes a day after Sony officially notified the European Commission's antitrust regulator ...

  50. Business Matters: 850,000 Androids Activated Every Day -- What Does That Mean to You?

    February 27, 2012 8:12 PM EST ,000 Android Devices are Activated Every Day -- What Does That Mean to You? -- More than 850,000 Android phones are now activated each day, according to a tweet on Monday by Google senior VP Andy Rubin, who heads the company's mobile divis ...

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