| UNIVERSAL OFFICIALLY NAMES STEVE BARNETT CHAIRMAN/CEO OF CAPITOL MUSIC GROUP: Universal Music officially named former Columbia Records COO Steve Barnett as its Chairman & CEO of its Capitol Music Group. The announcement was made by UMG Chairman/CEO Lucian Grainge to whom Barnett will report. Barnett will be based in L.A. and responsible for the overall management of the company, which includes Capitol Records, Virgin Records, Blue Note, Astralwerks, Harvest, Capitol Christian Music Group, Caroline and the Capitol Studios.
| BILLBOARD'S FUTURESOUND WHITE PAPER: WHY DISCOVERY, DATA AND LICENSING ARE KEY TO THE NEW MUSIC BUSINESS: Billboard created the FutureSound Conference to encourage dialogue among the stakeholders in the traditional music industry, the nascent digital music business and the investors who find and fund new technologies. In the last year, licensing deals are moving in a positive direction and innovations in product and process are helping consumers discover. Yet, as this white paper details, there is much room for improvement.
| U2 MANAGER PAUL MCGUINNESS REMEMBERS FRANK BARSALONA: Frank Barsalona, founder of Premier Talent and one of the pioneers of the modern touring business, passed away Thanksgiving morning after a long illness. For a tribute written by Billboard's Ray Waddell, we asked U2 manager Paul McGuinness for a quote and he responded with this touching tribute in which he credits Barsalona and Premiere with "guiding U2 to becoming one the great live acts they are now."
| EXCLUSIVE: AT&T, CBS TEAM FOR 'STAGESIDE LIVE,' PREMIERING DEC. 5 WITH NEON TREES: CBS Interactive and AT&T are re-teaming for the online concert series, "Stageside Live: which will premier on Dec. 5, "Stageside Live" is a collaboration with Stageside Productions' broadcast live from Austin City Limits Live at the Moody Theater in Austin and distributed across the CBS Audience Network, which includes CBS.com, as well as AT&T's mobile and online platforms. The debut episode will feature a performance from Neon Trees.
| BERKLEE COLLEGE OF MUSIC RELEASES STUDY WITH SALARY RANGES FOR MUSIC INDUSTRY JOBS: With both the music industry and the global economy in a near-constant state of flux, it's an uncertain time to be making a living in music. To that end, Boston's Berklee College of Music has released a new study detailing salary ranges across the business in an attempt to get a handle on just how much money musicians, audio engineers, A&Rs and the rest make in order to give those starting out a roadmap with which they can financially navigate the industry's choppy waters.
RECORD STORE DAY'S BLACK FRIDAY SALES UP: Record Store Day's Black Friday event once again was a huge success. RSD's Michael Kurtz told Hits that the indies were up between 10-15% over 2011. That is a major accomplishment given that last year's event was up a whopping 50%. Newbury Comics' Carl Mello said they sold more than 1,000 units of vinyl before 9 a.m. on Friday.
Hits Daily Double
ROLLING STONES FINED $320K FOR LONDON 02 ARENA SHOW EXCEEDING CURFEW: The Rolling Stones have been slapped with a fine of 200,000 pounds ($320,000) after their '50 and Counting' concert at London's 02 Arena exceeded the time limit by 35 minutes. Bernard Doherty, the Rolling Stones agent said, "It means a big fine - but the guys just do their thing. There wasn't a janitor standing there, jangling his keys, saying. 'I want to go home.'"
CYBER MONDAY SALES UP MORE THAN 28 PERCENT: Cyber Monday sales continued to grow around the country this year because of heavy marketing and deals by online merchants, consumer confidence in the economy and the explosion of iPads, smartphones and apps, said Jay Henderson, strategy director of IBM Smarter Commerce, which tracked a 28.4 percent increase in Cyber Monday sales. The news comes after analysts predicted online tax rules that went into effect this year in some state could hurt sales.
San Jose Mercury News
SONGWRITERS TO PROTEST CONGRESSIONAL ROYALTY HEARINGS: According to Digital Music News, a number of songwriters will protest on Capitol Hill this Wednesday when the House Judiciary Subcommittee on Intellectual Property, Competition and the Internet hears testimony on royalty structures and the Internet Radio Fairness Act (IRFA) supported by Pandora, Clear Channel and others. Among the reported protestors are songwriters Kara DioGuardi, Linda Perry, Desmond Child, BC Jean and Lee Miller.
Digital Music News
ADELE'S '21' DROPS OUT OF UK TOP 40 FOR FIRST TIME SINCE ITS RELEASE: Adele's hugely successful album, which features the singles 'Rolling In The Deep' and 'Someone Like You', was first released on January 24, 2011 and debuted at Number One in its first week, selling over 200,000 copies. Now 22 months after its release, the Official Chart Company have confirmed that '21' is out of the top 40 for the first time, having charted at 42 in this weekend's countdown.
EARL CARROLL, LEAD SINGER OF THE CADILLACS, DIES AT 75: Earl (Speedo) Carroll, the lead singer of the 1950s doo-wop group the Cadillacs, who later found contentment, plus a measure of abiding renown, as a New York City school custodian, died on Sunday in Manhattan. He was 75. The group, which flourished for about a decade starting in the early '50s, had hits with "Gloria" and "Speedoo," whose title is a variant spelling of Mr. Carroll's nickname. Mr. Carroll later spent two decades with the Coasters before rejoining a new incarnation of the Cadillacs. Buoyed by the tide of R&B nostalgia, the new group toured throughout the U.S. and abroad, performing mostly on weekends to accommodate Mr. Carroll's day job at P.S. 87 in Manhattan.
New York Times
TIME NOMINATES PUSSY RIOT FOR PERSON OF THE YEAR: Time magazine has nominated the Russian punk rock arts collective Pussy Riot. Three of the collective's members were sentenced to two-year jail terms for their February 2012 commando performance in Moscow's main cathedral denouncing the Russian Orthodox Church's support of authoritarian President Vladimir Putin becoming a cause célèbre for liberty and freedom on speech in Russia.
HEADLINE OF THE DAY: On Average the Stones Older Than US Supreme Court