Recorded Music

  1. Warner Music's Revenue, Digital Sales Up in Fiscal Fourth Quarter

    December 13, 2012 8:30 AM EST Warner Music Group on Thursday posted a rise in revenue and narrower losses for its September quarter. The company also reported a rise in both its physical and digital recorded music. "We had a very productive year," said CEO Stephen Co ...

  2. ?uestlove, Universal Music's Harry Weinger To Teach 'Classic Albums' Course At NYU

    October 16, 2012 2:25 PM EDT An NPR intern's dismissive review of Public Enemy's "It Takes A Nation..." inadvertently brings ?uestlove to the Ivory Tower Ahmir '?uestlove' Thompson will soon be adding another job to his exhaustive list of titles: ...

  3. Backbeat: Led Zeppelin Movie Premiere, Afterparty Bring in Rock and Music-Biz Royalty

    October 11, 2012 4:30 PM EDT From left: John Paul Jones, Robert Plant, Jimmy Page, and original drummer John Bonham's son Jason arrive for the press conference for the release of their new concert film Celebration Day . (Photo: Kevin Mazur/Getty Images)   On Tuesday nigh ...

  4. Read: Universal Music CEO Lucian Grainge's Letter to Staff About EMI Merger

    October 01, 2012 11:20 AM EDT This morning, Universal Music Group CEO Lucian Grainge sent out an internal memo to staff regarding the company's recent acquisition of EMI's recorded music division , which was approved by both the European Commission and the FTC on Sep ...

  5. Morning Fix: N.Z. Apologizes to Kim Dotcom; Mumford & Sons Juggernaut; Lyor Cohen Mgmt Firm?

    September 27, 2012 7:13 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters LIL WAYNE PASSES AN ALL-TIME ELVIS PRESLEY HOT 100 MARK: Lil Wayne has just topped Elvis Presley's mark for the most Hot 100 appearances among solo acts . As he debuts ...

  6. Lyor Cohen Stepping Down as Warner Music Chairman/CEO

    September 24, 2012 6:01 PM EDT Lyor Cohen, Chairman/CEO of Recorded Music for Warner Music Group, is stepping down from his post effective September 30, the company announced today. He had been at Warner since 2004, beginning as Chairman and CEO, US Recorded Music in March of t ...

  7. Universal Music-EMI Deal Approved By Japanese Regulators

    July 11, 2012 8:16 AM EDT Japanese regulators have approved Universal Music Group's $1.9 billion purchase of EMI Music without having to make concessions, according to a Music Week report. A statement from a Universal Music rep said that, "We can confirm that the ...

  8. Lyor Cohen on Music's Future: 'I Hate When A&R Guys Tell Me Rock Is Dead'

    June 19, 2012 8:54 AM EDT The New Music Seminar's Panel "Crystal Ball Movement: Music Business Visionaries Predict the Future" ( From left): Tyler Gray, Editorial Director, Fast Company; John Sykes, President, Clear Channel Entertainment; NMS Founder/Executi ...

  9. Joe Levy Appointed Editor of Billboard Magazine

    March 28, 2012 12:08 PM EDT Billboard announced today the appointment of Joe Levy as Editor of Billboard magazine, effective this Friday. In this role, Levy will oversee the editorial operations of the weekly print publication. Levy will be based in New York and will report ...

  10. Backbeat: Skrillex's Secret 'Blindfolded' Show, Where Even Lyor Cohen Got Skrillified

    February 03, 2012 6:30 PM EST Skrillex at the WeSC Concept Store was happy to meet and greet his many fans before they were blindfoled, loaded onto a bus and driven to an unknown location. (Photo: Andy Gensler) NEW YORK -- Being blindfolded and thrown onto a bus to catch the l ...

  11. Billboard Power 100: Lyor Cohen

    January 27, 2012 10:00 AM EST No. 14 Lyor Cohen Chairman/CEO of Recorded Music Warner Music Group Twitter: @LyorCohen13 The Iceman Cometh... It's definitely a new day at Warner Music Group and not just because Access Industries' Len Blavatnik (see No. 8) has acquired ...

  12. Kei Ishizaka Named Chairman, CEO of Warner Music Japan

    October 28, 2011 8:55 AM EDT Kei Ishizaka has been named Chairman & CEO, Warner Music Japan accourding to an announcement by Warner Music Group. Effective Nov. 1, Ishizaka will oversee all aspects of Warner Music Japan's domestic and global repertoire and will report ...

  13. Read Edgar Bronfman, Jr.'s Internal Memo To WMG Staff On Stephen Cooper Being Named CEO

    August 19, 2011 3:33 PM EDT Dear Colleagues: As Warner Music Group begins its next chapter, well-positioned for some truly exciting and unprecedented opportunities, I am pleased to announce we are adding a new member to our management team: Steve Cooper. Effective today, Ste ...

  14. Warner Music CEO Edgar Bronfman, Jr. and Chairman Stephen Cooper Switch Jobs

    August 19, 2011 3:18 PM EDT Edgar Bronfman, Jr. and Stephen Cooper are switching roles with the former becoming the Warner Music Group chairman and the latter assuming the CEO position and responsible for the company's day-to-day operations. In a memo to employees , Bro ...

  15. Access-Warner Music Investor Documents Reveal New Roles for Edgar Bronfman Jr., Lyor Cohen

    July 21, 2011 4:29 PM EDT In taking over control of Warner Music Group , Access Industries, as expected, is putting its own people in place on the company's board of directors. Stephen Cooper, a board member at one of the companies that Access Industry has invested in ...

  16. Top Warner Execs 2010 Pay Increased Despite Revenue Losses

    January 20, 2011 12:00 AM EST Warner Music Group's top two executives took home more money in 2010 than they did the year before, according to details in a recent SEC filing . Judging from the amounts of their bonuses, Warner's leadership exceeded their 2010 goals. C ...

  17. Analysis: With MTV Partnership, Warner Continues Separate Path

    June 30, 2010 12:00 AM EDT Warner Music Group’s newly signed partnership with MTV illustrates how WMG would rather grow through online partnerships than own the channel. Warner is the lone major music group holdout from Vevo, the music site/network that launched late last y ...

  18. WMG Q2 Revenue Stable

    May 06, 2010 12:00 AM EDT Warner Music Group's total revenue in the second quarter, to March 31, 2010, was down 1.3% year-on-year to $662 million. The decline was 6% on a constant currency basis. WMG said the performance reflected a light release schedulue, the contin ...

  19. Warner Music Group Q3 Revenues Down

    August 06, 2009 12:00 AM EDT In its fiscal third quarter, Warner Music Group continued to diversify its product mix but turned in revenue and earnings characteristic of an industry in a difficult transition. Total revenue dropped to $769 million, down 9% from the prior year q ...

  20. Tattersfield Named As Warner Music U.K. CEO

    August 06, 2009 12:00 AM EDT Warner Music Group has named Christian Tattersfield as CEO, Warner Music U.K. and chairman, Warner Bros Records U.K. Reporting to John Reid, vice chairman, Warner Music International and chairman, Warner Music Europe, Tattersfield will assume resp ...

  21. Global Shake-Up At WMG

    September 16, 2008 12:00 AM EDT Warner Music Group has promoted Lyor Cohen and Michael D. Fleisher as part of a major international restructuring. As a result of a new regional structure, WMI Chairman and CEO Patrick Vien will leave the company. WMG has established an Office of ...

  22. Opinion: Rates Should Reflect Music's True Value

    August 18, 2008 12:00 AM EDT How successful would a nightclub be if it didn't play music? That was one of the questions facing Australia's Copyright Tribunal last year when it had to decide on setting a new royalty rate for nightclubs to pay for using recorded music ...

  23. Change 'Not Without Pain,' Says EMI’s Hands

    January 15, 2008 12:00 AM EST More details have emerged about the planned restructuring at EMI Group, with chairman Guy Hands urging employees, artists and managers to embrace consumers' needs in the era of digital music. The restructuring follows a three month consultati ...

  24. EMI Confirms Up To 2,000 Job Cuts

    January 15, 2008 12:00 AM EST EMI will cut up to 2,000 jobs worldwide in its Recorded Music division as part of a major restructuring of the company, intended to shift focus on A&R and encourage new revenue streams from digital services and corporate sponsorship. EMI Group ...

  25. Ramone To Narrate 'Recording'

    January 10, 2008 12:00 AM EST LRSmedia has started production on "Recording: The History of Recorded Music," an eight-part documentary series that will be narrated by Phil Ramone. The series will be a chronological exploration of how technology and music have interac ...

  26. Warner Music's Losses Widen In Q3

    August 04, 2005 12:00 AM EDT Company incurs IPO-related charges, revenues up. Warner Music Group Corp. reported today (Aug. 4) that despite a rise in revenues its net loss reached $179 million for its financial results covering the three-month period ended June 30, 2005. It c ...

  27. Warner Music Reveals Net Loss

    May 16, 2005 12:00 AM EDT Warner Music Group says it posted a fiscal second quarter net loss of $18 million vs. a net loss of $45 million during the same period a year ago. Warner Music Group says it posted a fiscal second quarter net loss of $18 million vs. a net loss of ...

  28. This Week's Top Stories

    March 01, 2005 12:00 AM EST <UL><LI>Behind the Deal: Licensing, Tracking and Paying Royalties for Recorded Music</LI> <LI>Financier Suing Ovitz Over '98 Business-Venture Deal</LI> <LI>Cox Subpoenaed In Spitzer Payola Probe</LI> ...

  29. EMI Axes 1,500 Jobs

    March 31, 2004 12:00 AM EST EMI Group plc has announced a major restructuring in an attempt to cut costs. The plan includes cutting 1,500 staff, dropping 20% of its artist roster, and exiting from disc manufacturing in Europe an EMI Group plc has announced a major restructur ...

  30. EMI Cuts 1,500 Jobs

    March 31, 2004 12:00 AM EST EMI Group plc has announced a major restructuring in an attempt to cut costs. The plan includes cutting 1,500 staff, dropping 20% of its artist roster, and exiting from disc manufacturing in Europe an EMI Group plc has announced a major restructur ...