BILLBOARD, NIELSEN ADDS YOUTUBE
STREAMING DATA TO CHARTS
Billboard and Nielsen announced the addition of U.S. YouTube video streaming data to its platforms, which includes an update to the methodology for the Billboard Hot 100. The YouTube streaming data is now factored into the chart’s ranking, enhancing a formula that includes Nielsen’s digital download track sales and physical singles sales; as well as terrestrial radio airplay, on-demand audio streaming, and online radio streaming, also tracked by Nielsen.
A new RIAA report entitled "Six Months Later - A Report Card on Google's Demotion of Pirate Sites" paints an unpleasant picture of Google's efforts to downgrade illegal content in its search results since August.
Female artists dominated the 2013 Brit Awards with Emeli Sandé and Adele taking home two of the biggest prizes. Sandé won best British female and the highly coveted British album title for her 2012 debut "Our Version of Events," while Adele collected the best single trophy for her Oscar-nominated "James Bond" theme song "Skyfall."
The German media conglomerate Bertelsmann is in the final stages of negotiating with investment group KKR to take over BMG Rights Management, a source at Bertelsmann has confirmed to Billboard.biz. The deal's announcement could come at the company's next earnings report.
The In a surprise move, John O'Donnell has returned to EMI Music Australia, where he takes the vacant post of managing director.
Pandora shares were down 5.9% to $12.12 Wednesday after Millennial Media reported disappointing earnings and lowered its first-quarter guidance. The company’s worse-than-expected fourth-quarter earnings and lower guidance caused its shares to fall 36.3% on Wednesday.
The viral sensation soars in at No. 1, aided by the addition of YouTube streaming data to the chart's methodology which was announced today. Rihanna and Drake, meanwhile, rocket to the top 10.
MUMFORD & SONS' 'BABEL' MAKES GRAMMY-FUELED RETURN TO NO. 1 ON BILLBOARD 200
As forecasted a week ago, Mumford & Sons' Babel returns to No. 1 on the Billboard 200 in the wake of their Grammy Award win for album of the year on Feb. 10. The set -- which rises 4-1 on the tally -- sold 185,000 copies in the week ending Feb. 17, according to Nielsen SoundScan, therefore posting a weekly gain of 242%.
Sony Music Entertainment has entered into a strategic partnership agreement with BandMerch, the merchandising division of promoter AEG Live, to expand and develop Sony’s merchandising programs in the North American retail market in conjunction with the Thread Shop, Sony’s merchandising arm. The joint venture will be announced later today at the MAGIC merchandising show in Las Vegas.
BILLBOARD LATIN MUSIC MARKETING AWARDS - ENTRIES NOW OPEN
The Billboard Latin Music Conference has officially opened its entries for the third annual Latin Music Marketing Awards. The awards, which recognize the integration of music and marketing by honoring agencies and labels that had successful campaigns during the past year, will be held as part of the 24th annual Billboard Latin Music Conference (www.billboardlatinconference.com), taking place April 22-25 at the JW Marriot Marquis in Miami, and culminating with the annual Billboard Latin Music Awards April 25.
RELAPSE RECORDS RELEASES PAT EGAN TRIBUTE ALBUM TO BENEFIT DAUGHTER
Relapse Records has released a tribute sampler with proceeds set to benefit the daughter of Pat Egan, the metal indie label's Director of Sales and Marketing who passed away on Monday from pneumonia related complications.
Kevin Ayers, a co-founder of British psych-rock pioneers the Soft Machine who went on to a prolific solo career before falling off the map, died in his sleep on Monday at his home in Montolieu, France. He was 68.
Spotify is due to meet in the coming weeks with its major counterparts in the record industry to renew their licensing agreements. The Verge has learned that managers at Spotify are expected to ask for substantial price breaks from the music labels as well as the rights to extend its free pricing tier to mobile devices. The Stockholm-based Spotify has already started negotiations with Warner Music and will begin talks with Sony and Universal in the coming weeks, according to several music industry sources. A Spotify spokesperson declined to comment on this story.
Sony unveiled plans to launch its next-generation PlayStation 4 games and entertainment platform by Christmas 2013 without showing the console itself. Andy House, Sony Consumer Entertainment head, promised improved graphics, social gaming features, and a new version of Sony’s DualShock handheld controller with a touch-sensitive pad. The PS4, will support Netflix and other unnamed cloud-based services and have tighter integration with mobile. While it's unclear how the new PS4 will be received, one prominent tech site covered the event with this headline: “A Tired Strategy That Ignores How The Gamer Is Changing”.
Mike Tyson sued a financial services firm owned by Live Nation Entertainment on Wednesday, claiming one of its advisers embezzled more than $300,000 from the former heavyweight champ and cost him millions more in lost earnings. The lawsuit, which seeks $5 million in damages, claims Live Nation and its company SFX Financial Advisory Management Enterprises haven't given the boxer and his wife, Lakiha, a full accounting of their losses. A spokeswoman for Live Nation said the company had not been served with the lawsuit and could not comment on it.
Google is launching its newest product: Internet-connected glasses that the company is touting as the next breakthrough in mobile computing. The product, dubbed "Google Glass," will be offered to "bold, creative individuals" as part of a contest announced Wednesday. Google Glass is supposed to perform many of the same tasks as smartphones, except the spectacles respond to voice commands instead of fingers touching a display screen. The glasses include a tiny display screen attached to a rim above the right eye and run on Google's Android operating system for mobile.
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