Wall Street Journal

  1. Live Nation Takes $19 Million Hit On U2 Buyback Deal

    December 18, 2008 12:00 AM EST Live Nation Inc bought back 1.6 million of its shares from Irish rock band U2 for $25 million, a company executive said, backing up a report the concert promoter would make a $19 million loss on the deal. The purchase was part of a financial commi ...

  2. Report: Terra Firma Considers EMI Cash Injection

    December 08, 2008 12:00 AM EST Terra Firma has recently put about £10 millon ($14.8 million) into EMI in order to prevent the major defaulting on its £2.7 billion ($4 billion) Citigroup loan, according to the Wall Street Journal. The report says that Terra Firma may have to inj ...

  3. Dell Quells Rumors About Music Player

    November 11, 2008 12:00 AM EST Dell Inc, struggling to recharge its line-up of consumer product offerings, has indicated that a digital music player is not in the computer maker's near-term plans despite speculation that such a product is in the works. Although Dell declin ...

  4. eMusic Cuts 10% Of Staff

    October 30, 2008 12:00 AM EDT The sagging economy continues to weigh heavily on the digital music space, with eMusic now laying off 10% of its workforce. The Wall Street Journal reports that the company cited the financial crisis in its decision. Danny Stein, eMusic chairman, ...

  5. Activision CEO Suggests Labels Should Pay For Placement

    September 29, 2008 12:00 AM EDT Activision/Blizzard CEO Robert Kotick continues to dig in his heels against music industry demands that the company pay more in licensing fees for the hit videogame franchise Guitar Hero. In fact, he recently told the Wall Street Journal that the ...

  6. Updated: SanDisk Partners With Majors For New Mobile Format

    September 22, 2008 12:00 AM EDT The major labels have teamed up with SanDisk to offer yet another new physical music format, only this time with an eye towards the digital future - specifically, mobile. The new format, called "slotMusic," basically is a standard 1 GB S ...

  7. Dell Tests Music Player To Renew iPod Battle: Report

    July 30, 2008 12:00 AM EDT In recent months, personal computer maker Dell Inc., has been testing a digital music player that could go on sale as early as September, the Wall Street Journal newspaper said, citing several Dell officials. Dell's new foray would put it int ...

  8. Report: New AC/DC Album To Be Wal-Mart Exclusive

    June 09, 2008 12:00 AM EDT AC/DC's next studio album will be exclusively sold at Wal-Mart stores in the United States, according to a report in the Wall Street Journal. The as-yet-untitled Columbia album, which, as previously reported , was produced by Brendan O'B ...

  9. Usher Takes A 'Stand' At No. 1 With 443,000

    June 04, 2008 12:00 AM EDT No surprise here: Usher's "Here I Stand" starts at No. 1 on the Billboard 200 with the year's second-biggest sales week -- 443,000. Only Mariah Carey's "E=MC2" notched a bigger week, when it launched with 463,000 ...

  10. Street Cautious On Live Nation's Madonna deal

    October 19, 2007 12:00 AM EDT With its Madonna deal in place, Live Nation is discussing revolutionizing the music business. But Wall Street observers have doubts that the deal will pay off for the firm. Until last week, the company used the following description of its busines ...

  11. Report: Apple To Cut Price On DRM-Free Tracks

    October 16, 2007 12:00 AM EDT Apple confirmed it will indeed lower the price on its DRM-free tracks to 99 cents, from $1.29, on all iTunes Plus music. Apple CEO Steve Jobs confirmed the move in an interview with the Wall Street Journal . Jobs told the WSJ that the iTunes Plus ...

  12. Madonna Close To Massive Deal With Live Nation

    October 10, 2007 12:00 AM EDT Madonna is close to leaving her longtime home at Warner Bros. for a wide-ranging $120 million deal with concert promotion firm Live Nation Inc., a source familiar with the talks said yesterday (Oct. 10). The story was first reported on the Wall St ...

  13. Major Overhaul At Yahoo Appears Unlikely

    September 10, 2007 12:00 AM EDT A major overhaul at Yahoo appears unlikely as a result of a strategic review being undertaken by the company, the Wall Street Journal reported in its online edition, citing people familiar with the matter. New chief executive Jerry Yang said in Ju ...

  14. Social Network Web Sites Tempt Investors

    August 28, 2007 12:00 AM EDT Social networking Web sites have fired up industry deal headlines the past couple of years -- from News Corp.'s ground-breaking acquisition of MySpace to the recent purchases by the Walt Disney Co. and Viacom Inc.'s Logo network of Club ...

  15. Plugged And Unplugged

    July 13, 2007 12:00 AM EDT Plugged: This was one of those rare weeks that there were more "best of" contenders than "worst of." Atlantic Record's deal with Sprint to subsidize music distributed on P2P networks, Rhapsody's new search-by-lyrics f ...

  16. Radio Embraces P2Ps For Playlist Research

    July 12, 2007 12:00 AM EDT Radio stations are using P2P networks to research what hot songs they should include in their playlists, according to a Wall Street Journal report . Premiere Radio Networks and other radio outfits are partnering with P2P tracking firm BigChampagne ...

  17. Apple CEO Talks DRM, Future Of Digital Music

    May 31, 2007 12:00 AM EDT Apples Steve Jobs sat down with the Wall Street Journal's Walt Mossberg at the publication's All Things Digital conference, discussing the upcoming iPhone, DRM and the future of digital music. Check out the highlights here . Not a whole ...

  18. Who are the most powerful gatekeepers in digital music today?

    March 09, 2007 12:00 AM EST Who are the most powerful gatekeepers in digital music today? This Wall Street Journal article , points to iTunes staffers -- who increasingly are demanding special exclusives and bonus content in return for prime placement on the front page of th ...

  19. Apple, Cisco Near Settlement

    February 12, 2007 12:00 AM EST Apple and Cisco Systems are near a settlement over the iPhone name, reports the Wall Street Journal . Both companies have devices coming out that share the same moniker -- Apple's iPhone is a cellular phone operating on the AT&T (formerly ...

  20. Sources: Clear Channel Bids Due In Coming Days

    November 10, 2006 12:00 AM EST Company declines to comment. Bids are due in the coming days for Clear Channel Communications Inc., the largest U.S. radio company, sources familiar with the situation told Reuters on Nov. 9. Clear Channel, which has about 1,150 stations, said las ...

  21. Clear Channel Hires Goldman, Sachs

    October 26, 2006 12:00 AM EDT In a move that could bust up the nation's largest radio group, Clear Channel revealed late Wednesday (Oct. 25) it had retained Goldman, Sachs & Co. to "evaluate various strategic alternatives to e In a move that could bust up the ...

  22. Report: Google In Talks To Buy YouTube

    October 06, 2006 12:00 AM EDT Deal estimated at $1.6 billion. Internet search leader Google Inc is in talks to buy popular Web video site YouTube Inc. for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter. According to ...

  23. Digital Rights Management (DRM) News And Analysis

    August 06, 2006 12:00 AM EDT U.K.'s ERA Throws Support Behind MP3 Britain's Entertainment Retailers Assn. has entered into the debate on DRM-free music. Nov 21, 2007 - Billboard.Biz - By Lars Brandle UCJ Strips DRM For Online Trial Universal Music Classics & Jaz ...

  24. Michael Jackson Restructures Finances

    April 14, 2006 12:00 AM EDT No terms of the deal disclosed. Michael Jackson has restructured his finances in a deal with Sony Corp, which shares ownership of his valuable music catalog that includes the Beatles' hits, attorneys said in a statement. No terms of the deal ...

  25. Entercom Pushes Back At Spitzer

    April 13, 2006 12:00 AM EDT Company moves for dismissal of suit. While lawyers may simply be employing a frequently used legal tactic, Entercom Communications appears to be pushing back against a suit filed by New York’s attorney general. According to a Wall Street Journal r ...

  26. Report-Bertelsmann To Sell Music Division

    March 27, 2006 12:00 AM EST German group plans to buy back GBL shares. German media group Bertelsmann is planning to sell its 50 percent stake in music company Sony BMG, which it owns together with Japanese electronics group Sony Corp., to avoid a stock market listing, the F ...

  27. Report: Amazon Close To Downloads Launch

    February 17, 2006 12:00 AM EST Online retailer Amazon.com Inc. is in advanced talks with four top music companies on starting a digital music service as early as this summer, the Wall Street Journal reported Thursday. Online retailer Amazon.com Inc. is in advanced talks with fo ...

  28. Report: Warner, Skype Team Up On Ringtones

    January 30, 2006 12:00 AM EST Warner Music Group Corp. and Skype Technologies SA are likely to announce a licensing agreement on Monday (Jan. 30) that will put ringtones on Internet phone services, the Wall Street Journal reported Warner Music Group Corp. and Skype Technologie ...

  29. Report - Microsoft Ends Talks With Labels

    October 04, 2005 12:00 AM EDT Sofware giant planned subscription music service. Microsoft Corp. has broken off licensing talks with the four global music companies, raising questions about the software giant's plans to start a subscription-based music service, the Wall St ...

  30. DreamWorks, NBC Uni Talks End

    October 04, 2005 12:00 AM EDT DreamWorks SKG ended exclusive discussions with NBC Universal, which had made an offer to acquire DreamWorks for about $1 billion, Geffen confirmed Sept. 27. (The Hollywood Reporter) -- DreamWorks SKG ended exclusive discussions with NBC Universal ...

  31. Apple Reportedly Offers To Fix iPod Nanos

    September 28, 2005 12:00 AM EDT Complaints: cracked screens, scratched cases. Three weeks after introducing the pencil-thin iPod Nano portable music player, Apple Computer is reportedly ready to respond to complaints about defective screens. The Wall Street Journal reports Apple ...

  32. Mashboxx Rumored To Nab Grokster

    September 19, 2005 12:00 AM EDT P2P service run by former Grokster prez. Mashboxx LLC may be planning to acquire peer-to-peer file sharing service Grokster, it was reported today (Sept. 19). Mashboxx is an authorized P2P file trading service run by Wayne Grosso, the former presi ...

  33. EBay May Buy Skype

    September 13, 2005 12:00 AM EDT EBay Inc. is in talks to buy Internet-telephone company Skype Technologies SA for $2 billion to $3 billion, according to a published report. STOCKHOLM, Sweden (AP) -- EBay Inc. is in talks to buy Internet-telephone company Skype Technologies SA fo ...

  34. Feds Probe 'Incredibles' DVD Sales

    August 30, 2005 12:00 AM EDT At 28 million units and counting, "The Incredibles" is the best-selling DVD of the year, but that hasn't deterred federal regulators from looking into disappointing sales of the hit movie. LOS ANGELES (The Hollywood Reporter) -- At ...

  35. Democratic Lawmakers Urge Inquiry Into CPB Brass

    May 17, 2005 12:00 AM EDT A pair of senior Democratic lawmakers called for a probe into allegations that the top management at the Corporation for Public Broadcasting is pressuring PBS to take a conservative slant. WASHINGTON, D.C. (The Hollywood Reporter) -- A pair of sen ...

  36. China Jails Americans For Piracy

    April 26, 2005 12:00 AM EDT For the first time, a Chinese court has sentenced two Americans to prison time for DVD piracy. BEIJING (The Hollywood Reporter) -- For the first time, a Chinese court has sentenced two Americans to prison time for DVD piracy. A Shanghai court on A ...

  37. BMG's Patrick Reilly Heads To Sirius

    November 10, 2004 12:00 AM EST BMG bigwig Patrick Reilly is making the jump to satellite radio as senior VP of communications for Sirius. It is a new position for the company; Reilly will report to Scott Greenstein, Sirius presiden BMG bigwig Patrick Reilly is making the jump t ...

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