Warner Music Group

  1. ADA Opens Shop In U.K.

    June 23, 2006 12:00 AM EDT Eyeing expansion to continental Europe. The Alternative Distribution Alliance, the Warner Music Group owned U.S.-based indie distributor, is now targeting the indie sector in Europe with the recent launch of a distribution operation in the U.K. Su ...

  2. Warner Music Strikes Deal With China Unicom

    June 20, 2006 12:00 AM EDT Warner Music China has forged a groundbreaking union to distribute its digitalized catalog to users of mobile operator China Unicom, which claims to be the third largest such company in the world. Warner Music China has forged a groundbreaking uni ...

  3. EMI Settles Pay-For-Play Probe

    June 15, 2006 12:00 AM EDT Became the fourth and final major to do so. EMI today (June 15) became the fourth and final major label to settle with the state of New York over alleged radio pay-for-play violations, investigated by New York State attorney general Eliot Spitzer. ...

  4. WMG Declares Quarterly Dividend

    June 07, 2006 12:00 AM EDT Warner Music Group declared today (June 7) a regular quarterly dividend of 13 cents per share as part of a $19.3 million payout to investors. The dividend is based on 148.5 million outstanding shares Warner Music Group declared today (June 7) a re ...

  5. Hein Named Senior VP/GM At Caroline

    June 06, 2006 12:00 AM EDT Most recently president of Rykodisc. EMI Music North America has named William Hein senior VP and GM of Caroline Distribution, EMI's U.S. independent distribution company. Hein will be based in New York and report to EMI Music North America C ...

  6. WMG Completes Rykodisc Buy

    June 01, 2006 12:00 AM EDT Rykodisc label to function as stand-alone. Warner Music Group has completed its $67.5 million acquisition of Rykodisc from an investment group led by JP Morgan Partners. As previously reported, Rykodisc, which has annual revenue of about $80 milli ...

  7. Cingular Wireless Introduces Ringback Service

    June 01, 2006 12:00 AM EDT Becomes last major U.S. carrier to do so. Cingular Wireless at long last has introduced a ringback tones service, becoming the last major U.S. wireless carrier to do so. Dubbed Answer Tones, the Cingular service allows subscribers to replace the s ...

  8. Impala Ready To Fight Warner EMI Merger

    May 31, 2006 12:00 AM EDT European independent labels' group Impala pledged Wednesday (May 31) to oppose any plans by EMI Group to take over Warner Music Group, saying any such merger would squeeze small record companies. European independent labels' group Impala ...

  9. Impala Ready To Fight Warner EMI Merger

    May 31, 2006 12:00 AM EDT Indie trade body launches online petition. European independent labels' group Impala pledged Wednesday (May 31) to oppose any plans by EMI Group to take over Warner Music Group, saying any such merger would squeeze small record companies. The ...

  10. EMI Profits Surge

    May 23, 2006 12:00 AM EDT Strong digital sales and a big year for Coldplay and Gorillaz helped EMI post an increase in profits and revenues for its fiscal year ended March 31. Full year revenues increased 3.9% to £2.08 billio Strong digital sales and a big year for Coldpla ...

  11. EMI Profits Surge

    May 23, 2006 12:00 AM EDT Strong digital sales and a big year for Coldplay and Gorillaz helped EMI post an increase in profits and revenues for its fiscal year ended March 31. Full year revenues increased 3.9% to £2.08 billio Strong digital sales and a big year for Coldpla ...

  12. Legal Matters

    May 16, 2006 12:00 AM EDT Warner Music Group has sparked a flurry of speculation after its board of directors rejected an EMI Music Group offer to acquire the company. Just for fun, Legal Matters asked some industry lawyers fo Warner Music Group has sparked a flurry of spe ...

  13. ADA Names Wolk Exec VP

    May 15, 2006 12:00 AM EDT Wolk had been working with WMG incubators Alternative Distribution Alliance (ADA) has named Mitchell Wolk executive VP. Based in New York, he reports to ADA president Andy Allen. Wolk comes to ADA, the independent distribution arm of the Warner Mu ...

  14. Report: EMI To Up WMG Bid

    May 15, 2006 12:00 AM EDT EMI Group's shareprice slipped today (May 15) following a U.K. weekend press report which suggested the music major was poised to raise its buyout offer for Warner Music Group to $30 per share. Stock in EMI Group slipped today (May 15) follow ...

  15. UMG Settles Pay-For-Play Probe

    May 11, 2006 12:00 AM EDT The third and largest settlement with majors. Universal Music Group today (May 11) became the third major label to settle with the state of New York over alleged radio pay-for-play violations, investigated by New York State attorney general Eliot ...

  16. Warner Launches Groundbreaking Korean Joint Venture

    May 10, 2006 12:00 AM EDT Warner Music Group is setting up a precedent-setting joint venture with leading South Korean telecom operator SK Telecom that will handle Warner Music Korea's stable of domestic acts. Warner Music Group is setting up a precedent-setting joint ...

  17. CISAC and BIEM Applaud DDEX

    May 05, 2006 12:00 AM EDT Data exchange hailed as 'significant step.' CISAC and BIEM, the international umbrella groups for collecting societies, on Friday (May 5) welcomed the pan-industry development of the Digital Data Exchange. As reported yesterday , the DDE ...

  18. CISAC and BIEM Applaud DDEX

    May 05, 2006 12:00 AM EDT CISAC and BIEM, the international umbrella groups for collecting societies, on Friday (May 5) welcomed the pan-industry development of the Digital Data Exchange. CISAC and BIEM, the international umbrella groups for collecting societies, on Friday ...

  19. Industry Giants Team Up For Digital Data Exchange

    May 04, 2006 12:00 AM EDT Major record labels, technology companies and publisher groups have formed a membership-based organization to create standards for communicating information necessary to license and sell digital enter Major record labels, technology companies and ...

  20. Koch Extends Relationship With Sheridan Square.

    May 02, 2006 12:00 AM EDT Koch Entertainment Distribution will assume full distribution capabilities for Sheridan Square Entertainment Musicrama as well as handing all of the product from the latter company's labels, except V2 Koch Entertainment Distribution will assu ...

  21. WEA Partners With Indies To Launch Digital Stores

    May 01, 2006 12:00 AM EDT First online offerings expected this month. Warner Music Group’s WEA Corp. has formed a digital distribution partnership with three independent retail coalitions, allowing them to more easily establish online music services. The stores will carry ...

  22. Sony BMG Sued Over Artists' Digital Rates

    April 28, 2006 12:00 AM EDT In a case that could seismically alter the way labels and artists share download revenue, members of the Allman Brothers Band and Cheap Trick have filed a class action lawsuit alleging that Sony BMG h In a case that could seismically alter the way ...

  23. Skype Strikes Mastertone Agreements

    April 27, 2006 12:00 AM EDT Sony/ATV, Warner/Chappell, EMI Pub pact on ringtones. Internet communications company Skype has entered into license agreements with three major publishers to offer master ringtones from the artist roster of the Warner Music Group labels. Sony/ATV ...

  24. New Sat Devices Targeted In Senate Hearing

    April 26, 2006 12:00 AM EDT Record, radio reps amonst those who testified. The Senate Judiciary Committee held a hearing today (April 26) on the future of the music industry in the digital radio revolution. But witnesses who testified, representing the record industry, the c ...

  25. EMI Music Pub, Skype Enter Global Deal

    April 24, 2006 12:00 AM EDT Pact to make collecting payments more accurate. EMI Music Publishing has made an unprecedented deal with global Internet communications company Skype, the Internet telephony (VoIP) network, licensing its catalog worldwide for Skype's soon-to- ...

  26. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  27. Merger Rumor Sparks EMI Stock Rise

    April 24, 2006 12:00 AM EDT Stock in EMI Group lifted in morning trading today (April 24) in the wake of weekend reports which suggested the music major was poised to re-enter merger talks with Warner Music Group. Stock in EMI Group lifted in morning trading today (April 24) ...

  28. Bronfman To Deliver Music Matters Keynote

    April 18, 2006 12:00 AM EDT Warner Music Group chairman/CEO Edgar Bronfman Jr. has been confirmed as keynote speaker at the inaugural Music Matters Conference, to be held May 10-11 in Hong Kong. Warner Music Group chairman/CEO Edgar Bronfman Jr. has been confirmed as keynote ...

  29. Battle Ends Between Sirius, Major Labels

    April 13, 2006 12:00 AM EDT EMI inks deal over S50 portable receiver. Sirius Satellite Radio’s fight with the major labels over its S50 portable receiver is over. EMI today became the fourth and final major to ink a deal with Sirius that allows for sales of controversial dev ...

  30. 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 ...

  31. UMG Enters Video Deal With Music Choice

    April 12, 2006 12:00 AM EDT Deal covers online playback only. Universal Music Group is licensing its music video library to Music Choice's broadband music service. Acts covered under the agreement include Ashanti, Beck, Black Eyed Peas, Mary J. Blige, Mariah Carey, Emin ...

  32. Warner/Chappell Launches Incubator Label

    April 11, 2006 12:00 AM EDT Former A&R exec to head initiative as GM. Warner/Chappell Music is branching out into the record business. The publisher has formed Perfect Game Recording Co., a new incubator designed to promote and develop emerging songwriter/artists. Pe ...

  33. BT Rings Up Content Deal

    April 10, 2006 12:00 AM EDT U.K. telecommunications giant BT today (April 10) said it has clinched agreements to distribute more than 500 concerts and documentaries on BT Vision, its new on-demand interactive TV service. BT Visi U.K. telecommunications giant BT today (April ...

  34. BT Rings Up Content Deal

    April 10, 2006 12:00 AM EDT U.K. telecommunications giant BT today (April 10) said it has clinched agreements to distribute more than 500 concerts and documentaries on BT Vision, its new on-demand interactive TV service. BT Visi U.K. telecommunications giant BT today (April ...

  35. Warner Forms Independent Label Group

    April 06, 2006 12:00 AM EDT Todd Moscowitz named ILG president. The Warner Music Group has created the Independent Label Group to oversee the company’s indie label endeavors. Todd Moscowitz has been named ILG's president. Moscowitz, who joined WMG in 2004 as president o ...

  36. Third Major Label Signs With Motorola's iRadio

    April 05, 2006 12:00 AM EDT Sony BMG has joined Warner Music group and Universal Music Group to provide content for Motorola's burgeoning iRadio, a service that allows subscribers to access over 400 channels of commercial-free m Sony BMG has joined Warner Music group an ...

  37. Indie Label To File Payola Suit Against Warner

    March 28, 2006 12:00 AM EST Companion to the one filed against Sony BMG. Indie label TSR Records is expected to file a lawsuit today (March 28) against Warner Music Group over payola allegations, according to a source. The action is a companion suit to the one filed by TSR a ...

  38. WMG To Acquire Rykodisc

    March 24, 2006 12:00 AM EST Deal believed to be valued at $67.5 million. The Warner Music Group is on the verge of signing an agreement to buy Rykodisc, sources say, in a deal believed to be valued at $67.5 million that is expected to close at the end of April. Rykodisc, whi ...

  39. Sirius, Sony BMG Reach Agreement, Stock Rises

    March 21, 2006 12:00 AM EST Deals with UMG, Warner revealed last week. Sirius Satellite Radio says it has reached a licensing agreement with Sony BMG, which, on the heels of similar deals with Universal Music Group and Warner Music Group , allays fears over Sirius’ portable ...

  40. Sirius, Sony BMG Reach Agreement, Stock Rises

    March 21, 2006 12:00 AM EST Deals with UMG, Warner revealed last week. Sirius Satellite Radio says it has reached a licensing agreement with Sony BMG, which, on the heels of similar deals with Universal Music Group and Warner Music Group , allays fears over Sirius’ portable ...

  41. Sirius Settles Receiver Dispute With Two Majors

    March 17, 2006 12:00 AM EST Sirius Satellite Radio has confirmed that it has come to an agreement with Universal Music Group over the ability to save individual songs to portable satellite receivers that double as MP3 players. M Sirius Satellite Radio has confirmed that it h ...

  42. Warner Music Group To Pay $19.3M In Dividend

    March 14, 2006 12:00 AM EST cents a share to be issued. Warner Music Group declared a quarterly dividend of $0.13 per share of common stock, representing an aggregate quarterly dividend of approximately $19.3 million. The dividend is payable May 3, 2006. This aggregate nu ...

  43. VNU Agrees To $8.9BN Acquisition

    March 08, 2006 12:00 AM EST Billboard parent VNU, a global information and media company based in the Netherlands, has agreed to be acquired by a consortium of six private equity investors. The offer values VNU's equity at &#x20 Billboard parent VNU, a global inform ...

  44. Destiny Media Files Suit Against Musicrypt

    March 07, 2006 12:00 AM EST Move is to resolve a Canadian patent fight. Destiny Media Technologies filed a legal claim against Musicrypt today (March 7) to resolve a Canadian patent fight. It centers on technology that allows music to be transferred digitally over the Intern ...

  45. Bain, Ignition Go LaLa For Used-CD Venture

    March 07, 2006 12:00 AM EST Warner Music Group financial backer Bain Capital and Ignition Partners have invested $9 million in lala.com, a used CD and e-commerce business that is applying a Netflix-meets-MySpace concept to tradi Warner Music Group financial backer Bain Capit ...

  46. Bain, Ignition Go LaLa For Used-CD Venture

    March 07, 2006 12:00 AM EST Company pledges to donate 20% to artists. Warner Music Group financial backer Bain Capital and Ignition Partners have invested $9 million in lala.com, a used CD and e-commerce business that is applying a Netflix-meets-MySpace concept to trading se ...

  47. Dept. Of Justice Probes Majors On Pricing

    March 02, 2006 12:00 AM EST Sources: Subpoenas headed to Big Four. The U.S. Department of Justice is piggybacking on New York State Attorney General Eliot Spitzer's investigation into online music pricing, Billboard has learned. Each of the four major labels have either ...

  48. Dept. Of Justice Probes Majors On Pricing

    March 02, 2006 12:00 AM EST The U.S. Department of Justice is piggybacking on New York State Attorney General Eliot Spitzer's investigation into online music pricing, Billboard has learned. Each of the four major labels have eit The U.S. Department of Justice is piggyba ...

  49. WMI Creates Digital Marketing Role

    March 01, 2006 12:00 AM EST Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. The ...

  50. WMI Creates Digital Marketing Role

    March 01, 2006 12:00 AM EST Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. Warner Music International is ramping up its efforts in the digital music space through a pair of executive appointments. The ...

Pages