Morning Fix: Warner Music CFO Resigns, Warner Japan Gets New CEO, COO; What Disney's Maker Buy Means for Tech; Music and Data Get It On

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WARNER MUSIC CFO BRIAN ROBERTS RESIGNS

Warner Music Group's chief financial officer and executive vice president Brian Roberts has resigned, according to a document filed Tuesday with the Securities and Exchange Commission.
Billboard.biz


FACEBOOK BUYS VIRTUAL REALITY COMPANY OCULUS FOR $2 BILLION

Facebook Inc. said Tuesday that the deal includes $400 million in cash and 23.1 million shares worth about $1.6 billion. Oculus employees are also eligible for an additional $300 million if the company achieves certain targets.
Billboard.biz


DISNEY’S BIG-MONEY MOVE FOR MAKER SIGNALS PROMISING TIMES FOR TECH ENTREPRENEURS

Disney's $500 million purchase of YouTube video producer Maker Studios is a sign that the entertainment industry's content and technology startups are coming of age and proving to be as valuable to Hollywood as app makers are to the giants of Silicon Valley.
Billboard.biz


KAZUYUKI KOBAYASHI APPOINTED WARNER MUSIC JAPAN CEO, SHUJI UTSUMI NAMED COO

Kobayashi joins Warner from Sony Music Entertainment Japan where he worked as Corporate Executive overseeing the company's music TV assets, live venues, ticketing and magazine publishing. As CEO, he will report to Lachie Rutherford, President, Warner Music Asia Pacific, and oversee all of Warner's Japanese recorded music business, working with local acts and international talent in the country.
Billboard.biz


PREDICTING WHAT YOU WANT TO HEAR: MUSIC AND DATA GET IT ON

Recommendation algorithms increasingly suggest everything we may want to watch, read or buy; who to follow on Twitter, what New York Times article to read next or what home goods products to order from Amazon.
Billboard.biz


MOBY SUED OVER 22-YEAR-OLD SONG SAMPLES

In a lawsuit filed in California on Monday, the plaintiff claims that both 22-year-old songs include unlicensed samples of "Let No Man Put Asunder" performed by Philadelphia girl group First Choice.
Billboard.biz


GEORGE STRAIT RIDES AWAY FROM THE CENTER OF HIS INDUSTRY

Strait emerged in 1981, at a time when crossover recordings by Dolly Parton, Kenny Rogers and Eddie Rabbitt ruled the day, and when only a handful of acts dared play a venue larger than, say, 10,000 seats.
Billboard.biz


'ROAR' 'ROYALS' 'HAPPY': WHY SO MANY HITS NOW HAVE ONE-WORD TITLES

Why the trend toward singles with one-word titles? Artists and writers say that the impact of social media, from how songs are marketed to the simpler manner in which people communicate online, has greatly influenced the craft of songwriting -- and naming.
Billboard.biz


CARLOS VIVES JOINS DAVID CORREY, EXECS FROM COCA-COLA, RCA, SONY, AND EA GAMES AT BILLBOARD LATIN MUSIC CONFERENCE

Colombian superstar Carlos Vives will join executives from RCA, Sony Brazil, EA Games, Coca-Cola, and Coca-Cola World Cup campaign recording artist David Correy at the 2014 Billboard Latin Music Conference for a behind the scenes play-by-play on this year’s global World Cup anthems.
Billboard.biz


SPOTIFY KILLS THIRD-PARTY APP SYSTEM, GIVES AMERICAN STUDENTS A BIG DISCOUNT

Spotify made two announcements over the last day -- the death of its third-party app system, and the birth of a useful discount to American students.
Billboard.biz

 


KIM DOTCOM'S MEGA TO LIST ON NEW ZEALAND STOCK EXCHANGE

Documents filed with the stock exchange put Mega's value at 210 million New Zealand dollars ($180 million), although it will be investors who ultimately determine the company's worth once trading begins.
Billboard.biz


SHAZAM PARTNERING WITH JUNO, ADDING THOUSANDS OF VINYL-ONLY DANCE TRACKS

Song-tagging service Shazam has partnered with online dance music retailer Juno Records in a deal that will expand Shazam's database by four million tracks, including thousands of previously vinyl-only releases.
Billboard.biz


TWITTER #MUSIC DIED BECAUSE NO ONE EVEN KNEW IT EXISTED

As of next month, you will no longer be allowed to use Twitter’s #Music app. And if your reaction to hearing that was “what the hell is Twitter’s #Music app?” you’re not alone. Which was the problem.
Wired


FOR FEMALE DJS, EDM CAN BE A NO-SPIN ZONE

Where are all the female DJs in EDM? A glance at the electronic landscape reveals plenty of men on the decks, but few women.
USA Today


STOP THE PRESSES!

  • Time Warner, Comcast Get Low Marks
  • Indie Rockers Turning To Punk

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