Warner Music Group

  1. Warner Music Bids in With Board, Announcement Expected Friday: Sources

    May 04, 2011 7:20 AM EDT Bids for a likely $3 billion buyout of Warner Music Group are in with the company's board for review over the next couple of days, according to two people familiar with the process. Three parties are known to have put in bids for the world� ...

  2. Warner Music Group Auction In Final Stretch; One New Bidder Since Last Week

    May 03, 2011 7:33 PM EDT As the Warner Music Group (WMG) auction comes into the final stretch, there appears to be three bidders still in the running -- but only two of them are the same as last week. Ron Burkle's Yucaipa Companies dropped out of the bidding, Bloombe ...

  3. Songkick Strikes Warner Music Deal for Concert Listings

    May 02, 2011 2:05 PM EDT Songkick is having a pretty good day. On the same day that the New York Times profiled the company as "the go-to Web site for live music," it also unveiled a deal to integrate its live event and ticketing platform into Warner Music Group ...

  4. Warner Music $3 Billion Buyout Could be Done this Week: Source

    May 02, 2011 7:13 AM EDT Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter. The third round of bids is led by two competing fi ...

  5. MP3Tunes Founder Michael Robertson Weighs in on Locker Licensing Demands

    April 29, 2011 11:53 AM EDT Haven't read enough yet about Amazon's Cloud Drive music locker service? Neither have we. Michael Robertson, founder of Amazon rival MP3Tunes, airs a little dirty laundry on the concerns and demands he claims the major labels have for mu ...

  6. Business Matters: Revising the Average TuneCore User's Revenue Up a Few Bucks

    April 27, 2011 8:59 PM EDT Revising the Average TuneCore User's Revenue Up a Few Bucks -- What an average artist makes from digital sales depends on many factors, including the assumptions and math behind one's calculations. On Tuesday, Digital Music News posted t ...

  7. Lyor Cohen Talks 360 Deals, High Salaries, The Future of Labels -- But Not Warner Music Auction -- At Rethink Music

    April 27, 2011 4:59 PM EDT BOSTON - Warner Music Group head Lyor Cohen preached the gospel of artist development and loving the business at the Rethink Music conference here, but he wasn't talking about the auction for WMG . In fact, audience members were asked not to ...

  8. Who the Heck Wants to Invest in Music These Days? Lots of People

    April 25, 2011 2:53 PM EDT If you have read newspapers and blogs in the last few years, you know there's no money to be made in music. So why are billions being invested in music companies? Is there really that much dumb money going into the wrong industry instead of f ...

  9. Adele's '21' Returns to Top of U.K. Charts, Foo Fighters at No. 2

    April 25, 2011 7:24 AM EDT Adele's "21" (XL Recordings) resumed its supremacy yesterday (Sunday) on the U.K. album charts moving back 2-1 after the Foo Fighters' "Wasting Light" (RCA/Sony Music Entertainment) last week broke its 12-week run at ...

  10. Has Warner Music Group Finalized A Deal With Apple?

    April 22, 2011 3:35 PM EDT Yesterday, Billboard.biz reported rumors that Apple had inked deals with two of the major labels for its pending cloud music service. And today, CNET is reporting that Warner Music Group has finalized a deal with Apple. A WMG spokeswoman declined ...

  11. Hostess Entertainment Partners With Warner Music South East Asia

    April 21, 2011 1:51 PM EDT The Tokyo-based music marketing indie Hostess Entertainment and Warner Music South East Asia announced a licensing agreement that will see Hostess gradually expand its footprint beyond Japan to South East Asian markets, which include Hong Kong, Ko ...

  12. WMG Board Provides Eliminated Bidders With Company Data, Sources Say

    April 20, 2011 8:05 AM EDT The Warner Music Group (WMG) board of directors is not only willing to consider more bidders in the auction to sell the company, as reported yesterday by Billboard.biz, but has in fact left some of the supposedly eliminated bidders with access to ...

  13. Business Matters: Warner Bidder Looking For New Way to Sell CDs/DVDs

    April 19, 2011 8:10 PM EDT Warner Bidder Looking For New Way to Sell CDs and DVDs -- Private equity firm Gores Group's Alec Gores said he would like to merge Alliance Entertainment Corp. with a Hollywood studio. "There are some great assets and great opportunities ...

  14. Warner Music Bidding Down to Three, More Could Join

    April 18, 2011 2:58 PM EDT The race for Warner Music Group is now down to the three most credible bids but the board would consider more bidders, according to a person with knowledge of the discussions. These three companies were identified by a Bloomberg report as Yucaipa ...

  15. Details On Spotify's Changes To Free Service

    April 14, 2011 8:10 AM EDT Spotify announced changes to its free service Thursday morning that will add new restrictions on song plays and reduce hours of free listening. "Above all, this means we can continue making Spotify available to all in the long-term," Spo ...

  16. Warner Music Group Shares Rise Amid Sale Rumors

    April 14, 2011 7:00 AM EDT Shares of Warner Music Group rose 3.4 percent on Wednesday to $7.61 as word spread the company could be bought in a matter of weeks. The Wall Street Journal reported -- citing anonymous sources -- that instead of selling pieces of the company, as ...

  17. Three Suitors Left In Running For Warner Music Group Auction, But Who Are They?

    April 13, 2011 6:56 PM EDT The Warner Music Group (WMG) is heading into a third round in the auction to sell the company, with three suitors still left in the running, sources tell Billboard. As first reported by the Wall Street Journal, the WMG board of directors has decid ...

  18. Business Matters: Music-Related Startups Raise $123 Million In First Quarter

    April 12, 2011 8:50 PM EDT Music-Related Startups Raise $123 Million In First Quarter -- The money started pouring back into digital music last quarter. Ten music and music-related startups raised $124.3 million in venture capital in the first quarter of 2011. Billboard tra ...

  19. Cisco Discontinues Flip Camera Line, Eos Website Platform Used By WMG

    April 12, 2011 8:10 PM EDT Cisco announced a major restructuring of its business operations Tuesday that resulted in not only the discontinuation of its popular Flip line of handheld cameras, but also its Eos website management platform used most notably by Warner Music Gro ...

  20. Web Trends: Big Bang's 'Stupid Liar' (Watch); Ex-98 Degrees Star Hired By Chippendales

    April 12, 2011 5:33 PM EDT Digg Music News/Video 24 Hours: 1. American Idol Audience Member Told She Was Too Fat to Sit in Front Row 2. The White Stripes Releasing Live Album Of Final Show 3. Bob Dylan plays his first gig in Vietnam 4. 8 Pop Songs Remixed for 8-bit Video Ga ...

  21. Business Matters: The Orchard Reaches Profitability

    April 11, 2011 5:51 PM EDT The Orchard Is (Financially) Fertile -- Digital distributor The Orchard is now profitable and grew revenues 14.7% in 2010, according to information the company shared with Billboard. "We had a profitable Q4 and we expect to remain profitable, ...

  22. How Germany Overtook The U.K. To Become Europe's Largest Music Market

    April 11, 2011 2:58 PM EDT Having long played second fiddle to the United Kingdom, Germany now ranks as the largest music market in Europe, according to international music trade body IFPI. The reversal was announced last week with the publication of IFPI's annual &quo ...

  23. Warner Board to Review Bids This Week

    April 11, 2011 7:34 AM EDT Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said. Up to 10 investors have put in bids ahead of the meeting, offering a range of valuatio ...

  24. Oaktree, Primary Wave Reportedly Submit Bid For Warner Music Publishing

    April 09, 2011 1:55 PM EDT As bidding for Warner Music Group draws to a close , Oaktree Capital Management and publishing company Primary Wave have submitted a joint bid for Warner Music's publishing arm valued at around $1.5 billion, the New York Post reported late Fr ...

  25. Web Trends: Chris Brown's New Uncut Video For "Spend It All", Wild Beasts' Video "Albatross"

    April 07, 2011 4:24 PM EDT Google Trends: There are no new music trends at this time. Digg Music News/Video 24 Hours: 1. Hanging out in the studio with Chad VanGaalen YouTube Most Viewed Today: 1. Britney Spears - Till The World Ends 2. Kelly Rowland - Motivation (Explicit) ...

  26. EMI Combining Sync and Licensing Departments

    April 07, 2011 4:07 PM EDT EMI is combining the synchronization and licensing staffs of its North American publishing and record label operations and putting them under one roof. The move helps the company execute a global rights management strategy initiated by Roger Faxon ...

  27. Wall Street Analysts, Investors Unenthusiastic About Possible Live Nation-Warner Music Union

    April 04, 2011 1:51 PM EDT While the stock market appears indifferent to Live Nation's bid for the Warner Music Group 's recorded music operation, Wall Street analysts and investors surveyed by Billboard over the past couple of days gave the potential deal a thumb ...

  28. Business Matters: April Fool's (Jay-Z, Beyonce Buy EMI) And Not (Live Nation's WMG Bid Impacts Stocks)

    April 01, 2011 5:35 PM EDT APRIL FOOLING: Spotify U.S Launches Monday -- April Fool's Day got off to an early start - for those of us in the U.S. - when a post at TechCrunch EU reported that Spotify was immediately ceasing its European operations in order to launch in ...

  29. Live Nation and Warner Music By The Numbers

    April 01, 2011 10:56 AM EDT Since Live Nation has bid on Warner Music Group's recorded music division, it's worth asking what the financial statements of a combined company would look like. Adding the revenue is easy - Warner breaks out revenue by division. But War ...

  30. Analysis: Interpreting Live Nation's Bid For Warner's Record Labels

    April 01, 2011 8:10 AM EDT The most disruptive bid for Warner Music Group could, surprisingly, also be the one that makes the most sense. Live Nation's bid for the record label portion of Warner represents untapped potential, value that other bidders cannot unlock. At ...

  31. Live Nation Puts In Bid For Warner Recorded Music

    March 31, 2011 4:59 PM EDT Live Nation, the concert and ticketing company, has put in a bid for the Warner Music Group. The emergence of Live Nation as one of the bidders for the Warner Music Group brings to three the number of strategic players involved in the auction. But ...

  32. Web Trends: Watch 8-Year-Old Channel Drake; Listen to New Fleet Foxes Track

    March 31, 2011 4:13 PM EDT Fleet Foxes - Battery Kinzie by One Thirty BPM Google Trends: There are no music trending topics at this time. Digg Music News/Video 24 Hours: There are no recent music stories or videos at this time. YouTube Most Viewed Today: 1. Britney Spears P ...

  33. Inside the IFPI's Cheery 2010 Numbers

    March 30, 2011 3:45 PM EDT Although it has a cheery, optimistic disposition, there's a lot of bad news in the IFPI's new, meticulous annual report. Countries with stable revenues have faltered, for example, and digital growth has seriously stalled. But it's n ...

  34. Harry Fox Agency, Songtrust Cut Adminstrative Deal

    March 30, 2011 7:30 AM EDT The Harry Fox Agency (HFA) and Songtrust, Downtown Music's publishing administration service for indie artists, have cut a deal whereby HFA will supply back-office support for the collection and distribution of royalties. What's more, th ...

  35. Vevo and Myspace? Interesting, But Unlikely

    March 29, 2011 1:26 PM EDT As NewsCorp continues its search for a buyer of the struggling Myspace social networking service, we're going to hear about several "interesting" conversations it has with potential partners. The latest, according to Bloomberg , is ...

  36. Bertelsmann on Mergers and Acquisitions Path In 2011

    March 29, 2011 8:01 AM EDT Europe's biggest media group Bertelsmann BERT.UL said it had the financial muscle to look at acquisitions again after reducing its debt, and would look at Warner Music Group (WMG.N) and possibly EMI. Bertelsmann, which launched its biggest-ev ...

  37. News Corp in Talks With Vevo on Myspace

    March 29, 2011 7:50 AM EDT News Corp has held talks to give control of Myspace to the music label-owned video site Vevo.com, but the likelihood of a deal being reached was slim, a person with knowledge of the talks said. News Corp in February kicked off the process to explo ...

  38. Web Trends: Nick Pitera's Disney Tribute, Rebecca Black & Bob Dylan, Fleet Foxes' New Song

    March 22, 2011 4:00 PM EDT Google Trends: 13. Rolling Papers Wiz Khalifa's "Rolling Papers" album, due out March 29, has leaked a week early. Digg Music News/Video 24 Hours: 1. Daft Punk A Capella Is Awesome (VIDEO) 2. U.S. Supreme Court denies appeal on Emin ...

  39. BMG Back In The Auction To Buy Warner Music Group, Sources Say

    March 22, 2011 7:50 AM EDT BMG, the Bertelsmann/Kohlberg Kravis & Roberts joint venture, got back onboard for the auction to buy the Warner Music Group, as first reported by CNBC , by bidding on the entire company this time around, sources say. Earlier in the first roun ...

  40. Billboard's Twitter 140: Music-Industry Characters You Need To Follow

    March 18, 2011 10:30 AM EDT Billboard's Twitter 140: It's not about how many followers. It's not about the quantity of tweets/retweets. It's about quality. Personality. Excellent linkage. These people are followed by those who work the smartest. Whether i ...

  41. Alliance Entertainment Acquires EDGE Entertainment Distribution

    March 11, 2011 3:34 PM EST Alliance Entertainment has acquired EDGE Entertainment Distribution in the first move of a planned roll-up of music and video wholesalers. Terms of the deal were not disclosed but Platinum Equity and the Gores Group, which financed the acquisition ...

  42. Web Trends: 50 Cent's 'Things Fall Apart' Trailer, My Favorite Martian's 'Club Villain,' New Battles Tune

    March 10, 2011 4:00 PM EST Google Trends: 5. Things Fall Apart The first trailer for "Things Fall Apart," a new football movie starring 50 Cent, has been released. The rapper plays a cancer-stricken football star and lost 54 pounds for the film, which he also wrot ...

  43. Web Trends: Deerhoof's Creepy New Video, Lady Gaga Performs With Toronto Fan, New Atmosphere Tune

    March 08, 2011 4:00 PM EST Google Trends: There are no music trending topics at this time. Digg Music News/Video 24 Hours: 1. 10 Attractive Women Covering "Yesterday" By The Beatles 2. Phil Collins is... ... Retiring?! 3. Charlie Sheen Parody - Bi-Winning (Officia ...

  44. Warner Music Has At Least Five Serious Bidders, Source Says

    March 08, 2011 12:59 PM EST Warner Music Group is getting more bids than expected for the recorded music division and the entire company, a source told Billboard Tuesday morning. At the same time, Warner has also received bids for music publishing division Warner/Chappell, t ...

  45. Can Doug Morris Bring Stability To Sony?

    March 02, 2011 6:58 PM EST After months of speculation, now that Sony Music Entertainment has finally announced that Doug Morris will become the company's CEO on July 1, it raises the question: What are they getting with that appointment? For one, they are getting an e ...

  46. Web Trends: Watch New Ke$ha and Wavves Videos, Xtina Arrested

    March 01, 2011 4:00 PM EST Google Trends: 2. Christina Aguilera Arrested The pop singer was arrested early this morning along with boyfriend Matt Rutler for public intoxication in West Hollywood. Police pulled over their car, driven by Rutler, after they observed Rutler dri ...

  47. WMG Businesses Receive More Than 10 Bids in Auction

    February 28, 2011 7:00 PM EST The Warner Music Group has received more than 10 bids in the first round of the auction being conducted on its behalf by Goldman Bros., according to Bloomberg News , who quoted anonymous sources. Sony ATV and BMG, the Berteslmann/KKR joint venture ...

  48. Web Trends: Lady Gaga's 'Born This Way' Video, Kanye West/Mos Def Freestyle, Oscars

    February 28, 2011 4:00 PM EST Google Trends: 15. Jennifer Hudson Oscars 2011 The Oscar-winner is making waves following her appearance on last night's 83rd Academy Awards. Hudson had many talking about her astounding weight loss -- Hudson claimed last month she has lost 8 ...

  49. Web Trends: LCD Soundsystem Muppets Video, Bottles Of Beer Song, Radiohead's Albums Ranked

    February 24, 2011 4:00 PM EST Google Trends: There are no music trending topics at this time. Digg Music News/Video 24 Hours: 1. Ranked: Radiohead Albums from Worst to Best YouTube Most Viewed Today: 1. BIGBANG TONIGHT TEASER 2. Bottles of Beer - (Your Favorite Martian music v ...

  50. What Ever Happened To Choruss? An Interview with Jim Griffin

    February 24, 2011 2:19 PM EST Jim Griffin Choruss was started by Griffin's consulting firm OneHouse LLC and Warner Music Group as an experiment in innovative business models. The goal was to work with colleges and universities to find new ways for students to legally acqu ...

Pages