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Live Nation revenue grew 6.4% to $923.7 million and adjusted operating income rose 9.8% in the quarter ended March 31. The company's net loss was $64.2 million, a slight improvement from the $66 million loss in the prior-year period.
Alan McGee, the legendary Scottish entrepreneur who discovered Oasis and founded the celebrated British label Creation Records whose roster included My Bloody Valentine and Primal Scream, is back in the game. McGee has teamed with British independent music firm Cherry Red Records to launch the new label, 359 Music. McGee had walked away from the record business after his Poptones venture was dissolved in 2007.
MADONNA TO BE HONORED AS TOP TOURING ARTIST AT BILLBOARD MUSIC AWARDS
Madonna will be honored with the Top Touring Artist award at the upcoming Billboard Music Awards, an achievement earned by the worldwide success of her MDNA tour. The sold out 88-date run was 2012's top-grossing tour with $305 million. Madonna will take the stage to accept her award, with superstars from Prince to Taylor Swift to Lil Wayne and more set to perform. The awards air Sunday, May 19 at 8 p.m. ET on ABC live from Las Vegas' MGM Grand with Tracy Morgan hosting.
MIGUEL BOSÉ TO BE HONORED AS LATIN GRAMMY PERSON OF THE YEAR
Spanish singer/songwriter Miguel Bosé will be honored as the 2013 Latin Recording Academy Person of the Year and will be feted in a tribute gala held on Nov. 20, one day before the 14th annual awards show at the Mandalay Bay Convention Center in Las Vegas.
AS I LAY DYING SINGER TIM LAMBESIS ARRESTED OVER PLOT TO KILL WIFE
The frontman for the San Diego metal band reportedly solicited an undercover detective to kill his wife.
"Independent Study" is a new Billboard.biz column that will profile a different independent label every other Tuesday. For this debut installment, we take a look at Sacred Bones Records, a Brooklyn-based label with a reputation for embracing the dark side via artists like Zola Jesus, the Men, the Holydrug Couple, Pharmakon and others.
Actor and singer Justin Timberlake is taking his music touring business to WME. Although previously signed with talent agency CAA, WME had been repping Timberlake as an actor since 2009. It will now inherit all of his future business, including touring and endorsements.
RHAPSODY TO OFFER DIGITAL LINER NOTES
Subscription music service Rhapsody has signed on to assist The Recording Academy's push for the availability of digital liner notes.
Perhaps it’s only fitting that George Jones, once nicknamed “No Show Jones,” won’t be physically present at what was to be his final concert.
Universal Music Publishing Group has acquired Criterion Music Corporation and its affiliated entities, it was announced today by UMPG chairman and CEO Zach Horowitz and Criterion president Bo Goldsen.
GLASSNOTE FOUNDER DANIEL GLASS FETED AT MUSEXPO IN L.A.
The Glassnote Entertainment founder, whose label is home to Mumford & Sons and Phoenix, was named International Music Person of the Year at Musexpo.
Mariah Carey's new single, "#Beautiful" featuring Miguel is logging an impressive beginning, thanks to hefty first-day airplay across an array of Clear Channel Media and Entertainment-owned radio stations and a solid initial sales forecast. Also aiding the song's first-week profile: its video will premiere tonight on Fox's "American Idol," on which Carey serves as a judge.
HOW INCONSISTENT METADATA IMPEDES MUSIC INDUSTRY GROWTH AT NARM'S MUSIC BIZ 2013
On the second day of NARM's Music Biz, delegates continued to marvel that it took 15-years worth of digital distribution evolution to get a conference on metadata -- still one of the main issues holding back further growth for the music industry.
PEPSICO TO MEET WITH EMMETT TILL’S FAMILY & AL SHARPTON
The family of Emmett Till will get the chance to address their concerns with officials of PepsiCo face-to-face today. Activist Rev. Al Sharpton will also be present at the meeting after asking the soda company to speak with him and the family about the recent controversy involving Lil Wayne. Wayne began receiving public criticism earlier this year for a line in the song “Karate Chop (Remix)” that made a comparison between the violent death of the civil rights icon and a sex act. PepsiCo made the decision to end its endorsement partnership will Wayne. The YMCMB rapper had been a part of Mountain Dew’s ”Dew You” campaign.
Strength in all of the Walt Disney Company’s primary businesses — theme parks, cable television, movies, consumer products — helped the entertainment conglomerate increase its quarterly profit by 32 percent from a year earlier, to $1.51 billion. Revenue climbed 10 percent, to $10.55 billion.
New York Times
A new iPad app chronicling the rock legends the Doors has all the bells and whistles you would expect of electronic entertainment in 2013: immersive multimedia, cloud integration with iTunes, a ready connection to Facebook. The driving force behind it, however, is no 20-something Silicon Valley consultant. It is the 81-year-old Jac Holzman, who started Elektra Records as a teenager in 1950 and remains one of the music industry’s most passionate and punctilious tech nuts.
New York Times
YAHOO'S MAYER MET WITH HULU EXECS OVER PREMIUM VIDEO UNIT
According to numerous sources close to the situation, Yahoo CEO Marissa Mayer recently met with top execs at Hulu, the premium video service whose media company owners have been considering selling it for some months. Sources said Yahoo is “in the process,” although the Silicon Valley Internet giant has not made any kind of formal bid. Other players whom sources said are considering purchasing all or parts of Hulu include, the Chernin Group; Guggenheim Partners’ digital arm (Billboard’s parent company) and Amazon.
All Things D
Fall Out Boy, Bring Me The Horizon and Pierce The Veil lead the nominations for this year's Kerrang! Awards. The bands are each up for four prizes this year. Black Veil Brides are nominated for three awards including best album and best live band with lead singer Andy Biersack up for hottest male. US bands dominate this year with Green Day, Paramore and All Time Low up against UK talent including Bullet For My Valentine and You Me At Six.
STOP THE PRESSES
- Keith Richards Doesn't Want You to Starve Your Baby to Buy Stones Tickets
- Was the Term 'EDM' Just Created to Sell Stuff?
- Slayer: 'We read a lot from the Satanic bible'
- House Producer MK's Porta Potty Horror Story
- Musicians really ARE sexier : Scientists find that carrying a guitar increases your chance of getting a date by a third
- The Knife: At the cutting-edge of oddness
- George Clinton Compares Chief Keef To Funkadelic
- Punk Rock Fashion Shows Are Bullshit!
- Abba museum in Stockholm: 'overwhelmed by satin and sequins