Wall Street Journal

  1. Lady Gaga-Affiliated Backplane Raises $4.5 Million in Series A Funding

    February 17, 2012 3:42 PM EST Backplane (@thebackplane), the digital startup co-founded by Lady Gaga manager Troy Carter, has raised $4.5 million in fresh funding from prominent Silicon Valley investors, according to a report at the Wall Street Journal. The additional funding ...

  2. Apple's New Mountain Lion OS for Mac to Have iPhone Features

    February 17, 2012 8:57 AM EST The next operating system for Mac will make the computers more like the mobile devices which make up the lion's share of Apple's sales. Apple CEO Tim Cook revealed plans to incorporate features from the iPhone and iPad into the forthcomi ...

  3. Google Seeking Digital Play for the Living Room, Closing to Motorolla Acquisition: Report

    February 10, 2012 1:52 PM EST Google is looking more like Apple every day. The technology giant is developing a home entertainment system that streams music wirelessly, according to a report at the Wall Street Journal . The system would be branded with Google's name and o ...

  4. Business Matters: Digging Into Vevo's $150 Million of Revenue in 2011, Eventbrite's growth

    February 01, 2012 5:33 PM EST Vevo Announces $150 million in revenue, Averages $0.0043/Stream -- Vevo pulled in $150 million in revenue in 2011 and expects to hit $1 billion soon, CEO Rio Caraeff said at the Dive Into Media conference. Caraeff made the rare financial disclosur ...

  5. Google Music an 'Oxymoron' Says Outgoing Warner Music Group Chairman Edgar Bronfman, Jr.

    February 01, 2012 11:50 AM EST Outgoing Warner Music Group chairman Edgar Bronfman, Jr. called Google Music an "oxymoron" that's run by a company conflicted about how to value other parties' information. Bronfman spoke Tuesday at the Wall Street Journal' ...

  6. Report: Facebook May File For IPO Next Week, Could Raise $10 Billion

    January 27, 2012 4:05 PM EST LOS ANGELES (AP) - Facebook could file regulatory papers as early as Wednesday for its highly anticipated initial public offering of stock, according to a newspaper report. Facebook's expected launch as a publicly traded company is the most h ...

  7. UPDATE: SOPA Imploding, Facebook's Zuckerberg, House Speaker Boehner Add To Backlash

    January 18, 2012 2:30 PM EST UPDATE (3:43 p.m.): House Speaker John Boehner said the SOPA and PIPA bills were not ready to go to a vote in Congress, according to the Wall Street Journal , while the top Republican on the Senate Judiciary Committee, Orrin Hatch (Utah), released ...

  8. Morning Heds: EMI Vs. Ireland, Example Signs to Universal, Is Colbert Running For Prez?

    January 13, 2012 7:30 AM EST EMI launches High Court action against Irish government Music Week EMI has launched a High Court action against the Irish government in a bid to stop the illegal downloading of music. Example signs US deal with Universal Records Music Week Singer- ...

  9. Morning Heds: Spotify Says Bye to Free, Sony Goes iOS, Beatles Songs Sold

    January 12, 2012 6:11 AM EST Spotify no longer free for early US subscribers Music Week Early Spotify adopters in the US will see their no-strings, unlimited streaming experience cease next week when their promotional period comes to an end. Why Rhapsody Is (Probably) Bigger ...

  10. Morning Heds: Music Biz's 2011 Recovery, Why America Loves Skrillex, Frank Ocean & Def Jam Make Up

    January 06, 2012 8:07 AM EST Music Sales, Show Tickets Rose in 2011 Wall Street Journal The music industry showed signs of potential recovery in 2011, as sales of albums and concert tickets reversed declines, though it would be premature to declare a full-fledged recovery. Th ...

  11. Morning Heds: If Adele Was On A Major, The EDM Cruise, Is Spotify's Ek Really That Important?

    January 05, 2012 8:45 AM EST Would Adele have been as successful if she was signed to a major label? The Guardian Adele is an exceptional artist, but she has also been nurtured by her indie label, but would a major label have done the same? Del Rey strikes deal with Next Mode ...

  12. Morning Heds: Tom Freston's Billion $ Revenge, HMV Bidders, Western Union Goes Hip-Hop

    January 04, 2012 9:21 AM EST Tom Freston's $1 Billion Revenge: Ex-Viacom Chief Helps Vice Become the Next MTV Forbes After Sumner Redstone fired Tom Freston from MTV, he helped Vice buy out Viacom's stake for an undisclosed amount and joined Vice as an advisor, one ...

  13. Yahoo Names PayPal Exec Scott Thompson New CEO

    January 04, 2012 8:37 AM EST UPDATED: Yahoo Inc. has named Scott Thompson , the president of eBay Inc. 's PayPal division, as its new CEO, the company announced Wednesday morning. The struggling Internet company has been without a permanent CEO since early September, whe ...

  14. Business Matters: 1.2 Billion Apps Were Downloaded Worldwide in Last Week of 2011

    January 03, 2012 5:41 PM EST .2 Billion Apps Downloaded Worldwide in Last Week of 2011 -- Consumers around the world downloaded a record 1.2 billion apps from Christmas to December 31, according to app analytics company Flurry. U.S. consumers accounted for 509 million of tho ...

  15. Morning Heds: An Apple Announcement, Jive A&R Jeff Sledge, Hip-Hop Helps Sell Moscato

    January 03, 2012 8:43 AM EST Not the iPad 3 or New TV - But Apple Planning Media-Related Event in the Big(ger) Apple This Month AllThingsD According to sources close to the situation, Apple is planning an important - but not large-scale - event to be held in New York at the e ...

  16. Morning Heds: Adele's Record-Setting Year, Frampton Vs. Universal, Google's YouTube Slam

    December 28, 2011 8:44 AM EST Adele Sells Most Albums In a Year Since 2004 Reuters The last time an album topped the year-end chart with more than 5 million copies sold was in 2004, when Usher's "Confessions" moved 7.9 million, according to Nielsen Soundscan. Fr ...

  17. FCC Moves to Ease Media Cross-Ownership Rule in Big Markets

    December 27, 2011 7:15 AM EST The FCC late in the week agreed to move ahead with a proposal to further easing media cross-ownership rules by loosening a rule that bans companies from owning a TV station and a newspaper in the same market in the top 20 U.S. media markets, the W ...

  18. Facebook Tries to Grow-Up Ahead of Expected 2012 IPO

    December 23, 2011 11:02 AM EST Mark Zuckerberg-led Facebook has spent the last 18 months preparing itself to look and act more like a grown-up corporation with the goal of making the social network, which is planning to go public, a blue-chip company, the Wall Street Journal re ...

  19. Business Matters: Ticketfly Launches Facebook Purchase App, Nimbit Touts Facebook Success

    December 15, 2011 4:11 PM EST The Year of Facebook -- Since 2011 has been the year of Facebook (at least in music) it seems fitting there are two more good bits of Facebook-related news before the years closes out. First, Ticketfly announced Thursday a new Facebook purchase ap ...

  20. Facebook To Seek $10 Billion in IPO, According to Report

    November 29, 2011 9:00 AM EST Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012. The Wall Street Journal is reporting that the world's largest online social network ...

  21. Business Matters: Why A Facebook-HTC Phone Could Help Google Music

    November 22, 2011 7:47 PM EST Why A Facebook-HTC Phone Could Help Google Music -- A successful Facebook phone could end up lending a helping hand to Google Music, the combo MP3 store-cloud music locker launched this year. According to a report at the Wall Street Journal's ...

  22. Google Music: Four Things We Can Expect from Today's Announcement

    November 16, 2011 7:05 AM EST While the finer points of Google's new music-download store won't be known until the press conference (scheduled for 5 p.m. ET Wednesday in Los Angeles), some aspects have become clear from industry sources and media reports over the las ...

  23. Sony on Board for Google Music Launch Tomorrow: Report

    November 15, 2011 6:37 PM EST In addition to Universal, Sony and the recently sold EMI are expected to be on board when Google announces the addition of MP3 downloads to Google Music at an event Wednesday in Los Angeles, according to a report in the Wall Street Journal. A pers ...

  24. EMI Split Sale Approaches, But Complications Persist

    November 10, 2011 7:14 PM EST Press reports in the Guardian and the Wall Street Journal may suggest that Citigroup is close to completing two separate deals to sell EMI, but sources say that both negotiations still have complications to overcome. Citigroup is seeking $1.7 mill ...

  25. Is Renewed Interest In EMI Auction Real, or Just Smoke?

    November 08, 2011 8:04 PM EST A frenzy of news stories Tuesday would have you believe that the Citigroup run auction for EMI's recorded music operation is not only heating up, but could soon come to a head. Whether that's true or simply just smoke and mirrors remains ...

  26. Courtney Holt, Former MySpace Music President, Becomes COO at Maker Studios

    October 31, 2011 3:40 PM EDT Maker Studios announced Monday (October 31) that Courtney Holt, the former president of MySpace Music, has joined as chief operating officer. In this newly created role, Holt will be responsible for overseeing the growth and development of the Mak ...

  27. Metallica's India Concert Cancelled After Fans Damage Equipment, Promoters Arrested

    October 31, 2011 1:49 PM EDT If anyone doubts there are challenges doing business in emerging economies, they should examine Metallica's experience during the heavy-metal band's much anticipated first gig in India this weekend. The Oct. 28 show, part of the F1 Rocks ...

  28. Updated: As EMI Auction Hits Home Stretch, Who's in the Lead? Depends Who's Talking ...

    October 27, 2011 3:00 PM EDT UPDATE Friday 6 p.m. ET : While it was widely speculated that there would be news about the status of EMI's auction today (October 28), the week is closing with negotiations still ongoing, sources tell Billboard.biz. The biggest hold-up revol ...

  29. Google+ Social Network to Play Big Role in Company's Music Store: Sources

    October 24, 2011 3:17 PM EDT Google's music-download store could launch within weeks, as several media reports have said, but if it does, it would not be a fully formed product with the involvement of all four major labels , sources tell Billboard.biz. But regardless of ...

  30. Business Matters: Will Boinc's Business Model Get Stale Before It Launches?

    October 20, 2011 7:25 PM EDT Will Boinc's Business Model Get Stale Before it Launches? -- Boinc, the innovative music service by Beyond Oblivion, could revolutionize the way people consume music. But the industry is going to have to wait a bit longer to see it in action. ...

  31. Steve Jobs Remembered at Memorial Service for Apple Employees

    October 19, 2011 8:53 PM EDT Coldplay and Norah Jones performed Wednesday at a Steve Jobs memorial that drew tens of thousands of Apple employees, the Wall Street Journal reported . Apple CEO Tim Cook, who over from Jobs in August, spoke at the outdoor service, held at the co ...

  32. Business Matters: Rihanna's 'Unlocked' Facebook App Gets Her 750,000 New Followers

    October 19, 2011 5:27 PM EDT Rihanna's 'Unlocked' Facebook App Gets Her 750,000 New Followers -- A Facebook app created for Rihanna's new album is gaining the singer a horde of new social media followers. The app, titled " Unlocked," is a promoti ...

  33. Business Matters: SoundHound Integrates with Apple iOS 5, Sends Search History to the Cloud

    October 13, 2011 11:12 PM EDT SoundHound Integrates with Apple iOS 5, Sends Search History to the Cloud -- SoundHound's new support for Apple's iOS 5 operating system takes advantage of the iCloud's capabilities. iCloud, Apple's cloud-based media storage se ...

  34. Google Aiming to Launch MP3 Store Within Weeks: Report

    October 13, 2011 7:58 PM EDT Google is weeks away from launching an online music store that will take on Apple and Amazon, though the company's dealings with major labels are far from complete, according to reports in The New York Times and Wall Street Journal . In May t ...

  35. Yahoo Withdraws Hulu Bid (Report)

    October 11, 2011 7:15 AM EDT NEW YORK - Yahoo, which made an initial approach that kicked off a sales process for online joint venture Hulu, has withdrawn from the bidding process, the Wall Street Journal reported Monday. The auction continues with satellite TV firm Dish Netw ...

  36. Steve Jobs: Fond Memories and Insights From President Obama, Mark Zuckerberg, and More

    October 06, 2011 12:32 AM EDT The Internet had no shortage of great articles on Steve Jobs at press time. Aside from the run-of-the-mill news articles and obituaries, there are some standout articles and blog posts from people with special insight and personal experiences with ...

  37. Steve Jobs: A Collection of His Classic Quotes

    October 05, 2011 9:57 PM EDT ( Apple founder Steve Jobs, who died today at the age of 56 , leaves behind a huge legacy on music, technology and modern culture. He also had a way with words, as evidenced by this collection of memorable quotes.) "Your time is limited, so d ...

  38. Sprint to Buy More Than 30 Million iPhones (Report)

    October 04, 2011 7:15 AM EDT NEW YORK (AP) -- Sprint Nextel Corp. has committed to buying more than 30 million iPhones over the next four years, imposing a heavy burden on an already cash-strapped company, according to a report published Monday. The Wall Street Journal's ...

  39. Will Michael Jackson's Legacy Be On Trial At Conrad Murray Court Case?

    September 22, 2011 7:45 AM EDT LOS ANGELES (AP) - Inside the compact, wood-paneled courtroom that will soon host the trial of Michael Jackson's personal physician, many of the tabloid-worthy elements of the singer's life will go unspoken. Outside, however, many Jackso ...

  40. Business Matters: Analysts Still Not Agreeing on Pandora Media

    September 21, 2011 10:27 PM EDT Analysts Still Not Agreeing on Pandora Media -- Analysts continue to have widely varying opinions of Pandora (NYSE:P), which fell 4.76% to $10.01 on Wednesday. Wedbush initiated coverage of Pandora on Monday with an "outperform" rating a ...

  41. Russell Simmons Eyes TV Network Purchase

    September 20, 2011 6:00 PM EDT Music mogul Russell Simmons is eyeing a major media purchase: he wants to buy a TV network. The channel would be "integrated" and truly "diverse," not segregated as is the standard now. Simmons said at a charity event in Hong K ...

  42. Business Matters: Spotify Defends Its Practices as Another Metal Label Drops Out

    September 19, 2011 5:54 PM EDT Spotify Defends Its Practices as Another Metal Label Drops Out Spotify is defending its benefit to artists and labels as another metal label, Prosthetic Records, is pulling its catalog from the cloud-based music service. "There [does] not app ...

  43. Business Matters: Better Late Than Never? Putumayo Finally Goes Digital

    August 30, 2011 10:41 PM EDT Better Late Than Never? Putumayo Finally Goes Digital -- Better late than never? Putumayo World Music is finally going digital. The label's two newest compilations -- "African Beat" and "Latin Beat" -- are its first distri ...

  44. BlackBerry Working on Music Service (Report)

    August 19, 2011 11:16 AM EDT BlackBerry maker Research in Motion is in talks with record labels about a BlackBerry music service, according to multiple reports. The news was first reported Thursday by CNET , which claims the planned music service will run on top of the popula ...

  45. Business Matters: 38% of YouTube's July U.S. Visitors Watched a Vevo Video

    August 16, 2011 7:45 PM EDT % of YouTube's July U.S. Visitors Watched a Vevo Video -- Music videos published by music video network Vevo were seen by a whopping 37.8% of YouTube's monthly U.S. unique visitors, according to comScore. On Wednesday the online measur ...

  46. Business Matters: Digital Subscriptions Actually Kind of Working...At The New York Times

    July 21, 2011 6:23 PM EDT Paywalls Paying Off -- Some of the most encouraging news on digital subscription models is coming from the world of journalism. The New York Times had 281,000 digital subscriptions at the end of June, the company announced Thursday in its second-q ...

  47. Business Matters: Spotify Might Predict 50 Million U.S. Subscribers, but Its Payouts Can Be Comically Small ...

    July 08, 2011 6:10 PM EDT Spotify May Dazzle Consumers, but Low Payouts Still Worry People -- As the U.S. launch of Spotify gets closer (apparently ), just about the only topic that hasn't been beaten into the ground is the amount of revenue rights holders will actual ...

  48. Twitter Nearly Doubles In Value to $7 Billion in Seven Months

    July 06, 2011 7:33 AM EDT NEW YORK - While other hot Internet companies have gone public, Twitter is privately raising hundreds of millions of dollars in a new financing round that values the company at as much as $7 billion, the Wall Street Journal reported Tuesday. It sa ...

  49. Twitter Being Investigated by FTC: Report

    July 01, 2011 2:15 PM EDT WASHINGTON (AP) - Federal regulators are looking into the interactions between Twitter and a company called Ubermedia, which develops applications that help users follow and communicate with each other on Twitter's popular online messaging se ...

  50. Myspace Lays off More Than Half Its Staff

    June 30, 2011 10:58 AM EDT In connection with its $35 million sale to Specific Media , social networking site MySpace on Wednesday laid off more than half of its approximately 450 employees, the Wall Street Journal reported . As recently as two years ago, the once high-flyi ...

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