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Warner Music Group on Sunday became the first major record company to sign both a publishing and a recorded music licensing deal with Apple Inc. for its upcoming Internet radio service that many have been dubbed "iRadio," sources say. If Apple succeeds in sealing up all remaining licenses, the Cupertino, Calif., company could announce the service as early as June 10 at its World Wide Developer Conference in San Francisco.
In a deal with AOL Inc, Townsquare Media has agreed to acquire country music site The Boot, hip-hop/R&B site the BoomBox, heavy metal site NoiseCreep and Comics Alliance. Financial terms were not disclosed. Townsquare’s portfolio already includes Taste of Country, PopCrush, ScreenCrush and Okayplayer. Last August the company acquired MOG's blog and ad business, and a few months earlier Cumulus Media revealed it would sell 55 stations in 11 different markets to Townsquare.
With a pact now with Fearless Records, Clear Channel Media and Entertainment continues its slow but steady signing of independent label deals in which the broadcaster agrees to pay artist performance royalties from terrestrial radio in exchange for predictable royalties rates for webcasting.
PIAS PARTNERS WITH BMG OVER SANCTUARY/MUTE CATALOG; EUROPEAN INDIE TO OPEN NEW YORK OFFICE
European independent PIAS has partnered with BMG to provide digital and physical retail marketing, sales, manufacturing, and distribution services for its recently-acquired Sanctuary and Mute catalogs.
BEYONCE, MADONNA, MARY J. BLIGE APPEAR AT 'SOUND OF CHANGE' CONCERT FOR WOMEN'S RIGHTS
With the aim of aiding Chime For Change: a global campaign for improved education, health and justice for women and girls worldwide, which was co-founded by Frida Giannini, Creative Director of Gucci, Salma Hayek Pinault and Beyoncé Knowles-Carter, the lineup of performers for the benefit at London’s Twickenham Stadium on June 1, included: Mary J. Blige, Jennifer Lopez, John Legend, Florence + the Machine, Ellie Goulding, Jessie J, Haim, Iggy Azalea, Rita Ora, Timbaland, Laura Pausini, and, of course, headliner Beyonce.
HOW FIVE INDIE LABELS ARE TRYING TO CHANGE THE MAJOR DISTRIBUTION GAME
A new distribution deal sought by indie labels Beggars, Secretly Canadian, Domino, Merge and Saddle Creek goes against the grain of the business model most distributors are increasingly trying to impose on labels: tying physical and digital distribution together.
The sizzling sales statistics on Daft Punk's "Random Access Memories" just keep on coming. "Random Access Memories" moved 19,000 vinyl LPs in its first week on sale -- accounting for 15% of all vinyl albums sold last week (123,000), according to Nielsen SoundScan.
Consumers in some European countries are, for the most part, increasingly willing to pay for streaming services such as Spotify, Deezer and WiMP, the sponsor of the survey -- but not so in every territory.
LOU REED RECOVERING AFTER LIVER TRANSPLANT
Lou Reed received a life-saving liver transplant last month, his wife Laurie Anderson said in a recent interview. "I don't think he'll ever totally recover from this, but he'll certainly be back to doing [things] in a few months,” she said.
CITIGROUP'S HANDLING OF EMI MUSIC SALE TO TERRA FIRMA GOING BACK TO NEW TRIAL
The Second Circuit Court of Appeals has ordered a new trial in Terra Firma's lawsuit against Citigroup. In August 2007, the private equity firm acquired EMI for $6.5 billion from Citigroup but alleged later that during the auction a Citigroup banker had fraudulently induced the private equity firm to make an inflated bid,
Having built a name over the past five years with signings including Wild Nothing, DIIV, Beach Fossils and more, Captured Tracks is breaking ground on a new endeavor -- its own retail store.
FRENCH READY TO END HADOPI
In 2009, French lawmakers, aiming to curb unauthorized file-sharing and to slow the erosion of media industry revenue, approved what was billed as the toughest anti-piracy law in the world. But now the government of President François Hollande appears poised to shut down the agency known as HADOPI that was created to enforce the law, imposed under Mr. Hollande’s predecessor, Nicolas Sarkozy, and to defang the measure of much of its menace. The move come following a critical report on digital policy by Pierre Lescure, the former president of the pay-television company Canal Plus, in April.
New York Times
WIMP APPOINTS NEW CEO
Music streaming service WiMP has appointed Andy Chen as its new CEO. Chen has previously held a number of board position at companies within the technology and media sector and was most recently CEO at Preview Networks in Copenhagen. He has also held senior management positions in companies such as MTV and Viacom.
American R&B singer Robin Thicke has scored his first number one in the British singles charts with "Blurred Lines", which became the fastest selling single of 2013, the Official Charts Company said on Sunday. The song, which features hip hop artists T.I. and Pharrell Williams, sold 190,000 copies during its first week on sale, knocking British rapper Naughty Boy's dance track "La La La", featuring London singer Sam Smith, into number two. In the albums chart, French electronic music duo Daft Punk retained the top spot with "Random Access Memories"
Music streamer Rdio has launched a redesigned web and desktop players, along with several new features. The landing page now also includes Rdio 'friends' based on connected Twitter and Facebook accounts. The player includes album artwork from the currently playing song plus these new features:
A yearlong celebration of Johnny Cash's legacy will come to an end this week with the issue of a new postal stamp and free public concert. The new Johnny Cash Forever stamp goes on sale Wednesday and to celebrate Cash's son, John Carter Cash, and several friends and family members will gather at Ryman Auditorium. The stamp is based around a promotional shot for the 1963 album "Ring of Fire: The Best of Johnny Cash."
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