Warner Music Group

  1. Warner Internal Memos: Bronfman, Blavatnik On Chairman Changes

    December 05, 2011 3:25 PM EST Warner Music Group Chairman Edgar Bronfman Jr., who stepped down as CEO earlier this year, announced to the company's staff in a memo today that he's relinquishing the chairman role as well. WMG, of course, was sold to Len Blavatnik' ...

  2. MTV Nearing Deal to License Vevo Videos

    December 02, 2011 6:06 PM EST Vevo and MTV are in talks for a deal that would allow MTV to license Vevo's videos for its own properties an MTV spokesperson confirmed to Billboard.biz. The deal, as first reported by CNET , would be a truce of sorts in the ongoing battle be ...

  3. Exclusive: Vice Launches Three-Year Global Partnership With Warner Bros. Records

    November 22, 2011 9:05 AM EST Four years after parting ways with Atlantic Records, Vice Music is re-teaming with Warner Bros. Records for a three-year global partnership, encompassing distribution, marketing, touring support and other components. Vice Music, the in-house recor ...

  4. 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 ...

  5. Google Music To Be Unveiled Wednesday -- Minus a Couple of Major Labels, Sources Say

    November 14, 2011 6:07 PM EST Google is expected to announce the addition of MP3 downloads to Google Music at an event Wednesday in Los Angeles. But don't expect all majors to be on board when the curtain lifts. Google's deal with Universal Music Group should be fina ...

  6. Sony/EMI Deal: Publishing Companies Would Remain Separate, But Managed by Sony

    November 11, 2011 4:05 PM EST While Citigroup and the Sony-led investment group are still working on the final wording for the purchase agreement so it can be signed, sources say that that Sony/ATV Music Publishing will manage the EMI publishing assets, but its own copyrights ...

  7. Warner Music Group Names Brian Roberts CFO, Effective January

    November 10, 2011 8:10 PM EST The Warner Music Group continues to realign its management team, this time naming Warner/Chappell CFO Brian Roberts to become the WMG's CFO, effective Jan. 1. He will replace Steve Macri, who has been CFO since 2008. Macri will stay on throug ...

  8. 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 ...

  9. IMPALA Calls For European Commission To Intervene In EMI Sale

    November 09, 2011 6:00 PM EST IMPALA, the Brussels-based Independent Music Companies Association, has called on the European Commission to intervene on its behalf should Universal or Sony attempt to buy EMI. The news follows recent reports that Universal Music Group (UMG) has ...

  10. Songs for Japan Raises $10 Million For Earthquake and Tsunami Relief

    November 09, 2011 4:15 PM EST Meeting Nov. 8 in Tokyo to mark the $10 million raised by "Songs for Japan" were (from left) Adrian Cheesley, president, Asia Pacific/Latin America, EMI Music; Chris Ancliff, general counsel of Warner Music International; Yoshiharu Otsuk ...

  11. Lyor Cohen Realigns WMG Senior Management, Warner Music Europe CEO John Reid Departs

    November 09, 2011 3:15 PM EST WMG Recorded Music Chairman and CEO Lyor Cohen In one of his first moves as the head of recorded music operations worldwide, WMG Recorded Music chairman and CEO Lyor Cohen has flattened the company's management structure by creating a global ...

  12. 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 ...

  13. Business Matters: Don't Bury the CD Just Yet -- Study Predicts a Slow, Graceful Demise

    November 08, 2011 6:45 PM EST Don't Bury the CD Just Yet… -- Technology research firm Gartner forecasts global digital music spending (by end customers) will be up to $6.3 billion in 2011, from $5.9 billion last year, and the company's analysts see global digital mus ...

  14. Backbeat: Young Jeezy's 'TM: 103' Listening Party Draws a Who's-Who of Hip-Hop Tastemakers, Def Jam Execs

    November 04, 2011 5:57 PM EDT Young Jeezy with Island/Def Jam president Steve Bartels at Jeezy's listening session in New York Thursday night On Thursday night, a who's-who of hip-hop tastemakers gathered in New York's Quad Recording Studios to get a first liste ...

  15. Major Labels Push Back on Best Buy's Price Demands

    November 04, 2011 3:20 PM EDT A Best Buy initiative to have all single-disc albums at an everyday price of $9.99 for the holiday selling season has been turned back by the major labels-at least for now. While some major-label distribution executives expect the conversation to ...

  16. TuneCore Launches Music Publishing Services for Songwriters

    November 02, 2011 12:11 PM EDT Write Songs AND Get Paid For It! TunecCre's new Songwriter Publishing Administration Service homepage. TuneCore is aiming to do for music publishing what it has done for digital distribution: make it easier for independent artists to get paid ...

  17. Business Matters: The Problem With Pete Townshend's 'Digital Vampire' Vision of iTunes

    November 01, 2011 3:58 PM EDT The Problem With Pete Townshend's Vision of iTunes -- Pete Townshend recent remarks about Apple have gotten a great deal of attention; negative comments about such a beloved company tend to make headlines. But they should have made headlines ...

  18. 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 ...

  19. EMI: Access/Warner Pulls Out of Auction

    October 30, 2011 9:28 PM EDT In an apparent game of brinkmanship, Len Blavatnik's Access Industries has pulled out of the auction for EMI's recorded music operation, sources confirmed to Billboard.biz, even though the company was said to be the front-runner in the b ...

  20. Kei Ishizaka Named Chairman, CEO of Warner Music Japan

    October 28, 2011 8:55 AM EDT Kei Ishizaka has been named Chairman & CEO, Warner Music Japan accourding to an announcement by Warner Music Group. Effective Nov. 1, Ishizaka will oversee all aspects of Warner Music Japan's domestic and global repertoire and will report ...

  21. 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 ...

  22. Backbeat: Robert Levine, David Carr Trade (Friendly) Barbs Over Levine's New Book, 'Free Ride'

    October 27, 2011 12:45 PM EDT When former Billboard executive editor Robert Levine decided to call his new book, "Free Ride: How Digital Parasites Are Destroying the Culture Business, and How the Culture Business Can Fight Back," he clearly wasn't pulling any pu ...

  23. 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. ...

  24. YouTube With New Deals Expanding as Music Destination

    October 20, 2011 8:05 AM EDT NEW YORK (AP) -- YouTube has been very good to bedroom singers, who have found a quick path to fame, and major labels, which have benefited from some of the largest digital audiences for their top music videos. But the middle tier - hundreds of in ...

  25. EMI: With Bids Low, Company Considers Whether to Split Up or Postpone Sale

    October 17, 2011 4:05 PM EDT While Citigroup is keeping all five known EMI bidders on the hook, it isn't yet actually conducting a formal third round of bidding with a deadline, sources tell Billboard.biz. Instead, they have been in touch with all bidders, asking them to ...

  26. Mel Lewinter Named EVP of Label Strategy for Sony Music Entertainment

    October 11, 2011 4:10 PM EDT Mel Lewinter has been named executive vice president of label strategy for Sony Music Entertainment, the company announced today. Lewinter is of course a longtime associate of Sony CEO Doug Morris, who announced Lewinter's long-expected appoi ...

  27. EMI Auction: Second-Round Bids Are In, Questions Still Looming

    October 06, 2011 10:06 PM EDT With the second-round bids for EMI now in (as of Oct. 5), it will take a few days for clarity about the situation to emerge, sources say. Of course, Citigroup and EMI know what they have in hand, but bidders and their consultants are unsure of whe ...

  28. Business Matters: Rdio Unveils Free Listening Option

    October 06, 2011 6:43 PM EDT Rdio Unveils Free Listening Option -- The freemium business model took another step forward Thursday when subscription service Rdio officially unveiled its free, advertising-free level of service. Rdio also offers web-only access ($4.99 per month) ...

  29. Steve Jobs Remembered by Edgar Bronfman Jr., Martin Bandier and Other Executives

    October 06, 2011 5:13 PM EDT Steve Jobs wasn't just a technological innovator - he created a role for himself and his business in the music industry that hadn't existed before. In these conversations and written remembrances from key executives in the music business ...

  30. 2011 U.S. Album Sales Still Strong After Three Quarters

    October 06, 2011 12:58 PM EDT As the year heads into its home stretch, things are looking up for the U.S. music industry - sales are on track to increase over the previous year, something that hasn't happened since 2004. With nine months of 2011 down, album sales stand at ...

  31. EMI Auction: Who's Got the Inside Track?

    September 30, 2011 4:30 PM EDT With the second-round, Oct. 5 deadline looming large in the EMI auction process, it sounds like the strategic bidders have the inside track, according to an informal survey of bidders, consultants involved in the deal and industry sources generall ...

  32. Business Matters: Another Indie Sours on Streaming Services, But How Solid Is the Math?

    September 28, 2011 6:45 PM EDT Another Indie Sours on Streaming Services, But How Solid Is the Math? -- Another indie label has announced it is leaving streaming services due to their low payouts from the music service. Projekt Records founder Sam Rosenthal explained at the Pro ...

  33. Michael Nash, Warner Music's 'Top Digital Guru,' Leaving; Stephen Bryan Named Successor

    September 20, 2011 5:00 PM EDT The Warner Music Group top digital guru Michael Nash is leaving the company and will be replaced by Stephen Bryan, who has been promoted to executive VP of digital strategy and business development for recorded music. Bryan, who recently served as ...

  34. The Economy of Mixtapes: How Drake, Wiz Khalifa, Big K.R.I.T. Figured It Out (Listen)

    September 20, 2011 3:30 PM EDT On Feb. 13, 2009, the mixtape paradigm shifted. Aligned with Lil Wayne, the then-unsigned Drake, who'd spent the few years before releasing buzzy mixtapes (rapping over hits), unleashed his almost entirely original mixtape "So Far Gone.& ...

  35. BMG's Purchase of Bug Music Finds It Closing in on Majors

    September 16, 2011 2:17 PM EDT There's been a persistent rumor about BMG Rights Management, the music publishing joint venture between German media giant Bertelsmann and private-equity firm Kohlberg, Kravis & Roberts: If it doesn't succeed in acquiring the publish ...

  36. WEA Lays Off 25 Staffers Due to Online Ordering System, Overhead Trim

    September 15, 2011 3:37 PM EDT Last week, while Warner Bros. Records was merging the WB and Reprise promotion staffs into one , WEA was also letting go about 25 staffers, including longtime employees Paul McDermott and Paul Solce. According to sources, those cuts were largely f ...

  37. Business Matters: Make No Mistake, EU Copyright Extension Is Good for Record Labels, Too

    September 12, 2011 6:40 PM EDT Make No Mistake, EU Copyright Extension Is Good for Record Labels, Too -- Artists and performing musicians are feeling the love in the European Union while record labels are being a bit overlooked. If you've read news reports about the EU ...

  38. Amid Layoffs, Is Warner Bros. Records Abandoning Rock Music?

    September 09, 2011 8:56 PM EDT The goodbye email from Reprise senior vice president of promotion Mike Rittberg said it all. "Before my first job at a record store I had dreamed to work at Warner Bros. Records," he wrote on Sept. 8, the day he and more than a dozen oth ...

  39. Lady Gaga, Jay-Z, Justin Timberlake Make Vanity Fair's 'New Establishment' List -- Who's Missing?

    September 01, 2011 1:21 PM EDT Lady Gaga, Jay-Z and Justin Timberlake are among the list of influential business people on Vanity Fair's "New Establishment" list . It represents "innovative new breed of buccaneering visionaries, engineering prodigies, and en ...

  40. Labels Turning To Distribution Partners To Ease Digital Transition

    September 01, 2011 9:18 AM EDT Record labels traditionally have had three core responsibilities: produce music, market music and distribute music. But what happens if one of those duties is taken away? It's an interesting question to ponder in the digital age, as more la ...

  41. Obituary: Nick Ashford, 1941-2011

    September 01, 2011 7:44 AM EDT With wife Valerie Simpson, the songwriter/producer/vocalist elevated the art of the duet. As tributes poured in following the Aug. 22 death of singer/songwriter Nick Ashford, the word "legend" was frequently invoked. It's a fittin ...

  42. Universal Music Group Earnings Drop 5.5% in Second Quarter -- An Improvement Over First Quarter and Last Year

    August 31, 2011 5:56 PM EDT The U.S. recorded music rebound and the LimeWire settlement helped Universal Music Group to an improved second quarter after a weaker first quarter of 2011. Revenues dropped 2.9% to €982 million ($1.42 billion, up 0.6% at constant currency, which ...

  43. Edgar Bronfman's Next Task At Warner Music Group: EMI?

    August 19, 2011 9:05 PM EDT Is Warner Music Group getting ready to put Edgar Bronfman Jr. out to pasture? That may be the reading of some in the business following the company's announcement that the Warner CEO will swap jobs with chairman Stephen F. Cooper. But conside ...

  44. Read Edgar Bronfman, Jr.'s Internal Memo To WMG Staff On Stephen Cooper Being Named CEO

    August 19, 2011 3:33 PM EDT Dear Colleagues: As Warner Music Group begins its next chapter, well-positioned for some truly exciting and unprecedented opportunities, I am pleased to announce we are adding a new member to our management team: Steve Cooper. Effective today, Ste ...

  45. Warner Music CEO Edgar Bronfman, Jr. and Chairman Stephen Cooper Switch Jobs

    August 19, 2011 3:18 PM EDT Edgar Bronfman, Jr. and Stephen Cooper are switching roles with the former becoming the Warner Music Group chairman and the latter assuming the CEO position and responsible for the company's day-to-day operations. In a memo to employees , Bro ...

  46. Victory Records Moves To RED For Digital Distribution, Re-Ups For Physical

    August 17, 2011 7:15 PM EDT Victory Records has re-upped its physical distribution agreement with RED. The deal marks the first time that the Sony-owned indie distributor will also handle the Chicago-based label's digital distribution. Digital distribution had been prev ...

  47. Business Matters: Rhapsody, MetroPCS Partnership Excludes Warner Music Group

    August 17, 2011 6:29 PM EDT Rhapsody, MetroPCS Partnership Excludes Warner Music Group -- Warner Music Group is a holdout in the Rhapsody-MetroPCS bundle r eported Wednesday at Billboard.biz , according a report by CNET. That means subscribers who get the free subscription t ...

  48. 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 ...

  49. Exclusive: Peter Edge and Tom Corson Talk RCA Music Group's Future

    August 10, 2011 8:00 AM EDT With the appointment of veteran A&R executive Peter Edge as CEO of RCA Music Group , Sony Music Entertainment's leadership team under new chairman/CEO Doug Morris is coming into greater focus. Edge, who was previously president of A&R ...

  50. Analysis: Diversity, Not Just Digital Sales, Will Save the Recording Industry

    August 05, 2011 4:40 PM EDT The recording industry's salvation no longer lies in digital music alone. Instead, based on market dynamics at play in the United Kingdom, revenue diversification appears to be the key. According to IFPI, the total trade value of U.K. recorde ...

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