Universal Music Group and Roc Nation, the entertainment company founded by Jay-Z, announced today that they have entered into a multi-year, worldwide partnership under which the Roc Nation music label will operate as a standalone label within the UMG family, effective immediately. Financi... Read more...
Universal Music Group has sold off its last two remaining EMI assets it was required to divest of as part of its acquisition of EMI’s recorded-music properties, a source close to the situation told Billboard.biz today. The assets are EMI’s European rights to the Now That’s What I Call Music!... Read more...
From left to right: FX Network president John Landgraf, DreamWorks Animation cheif executive Jeffrey Katzenberg, Universal Music Group CEO Lucian Grainge and Sony Entertainment CEO Michael Lynton (Photo credit: Phil McCarten) Spotify chief executive Daniel Ek on Tuesday said his company expects... Read more...
Music subscription service Mog has been acquired by Beats Electronics. Terms of the deal, which first made the news back in March, were not disclosed. Mog founder and CEO David Hyman will stay on as CEO and report to Beats president and COO Luke Wood. Beats Electronics was founded in 2008 by ... Read more...
The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- which meant it received regulatory approval. The... Read more...
Rdio called Spotify a 'boring, spreadsheet-like' experience, but what if the entire subscription space has a far bigger problem? Well, according to one of the most agile shapers of culture, that's exactly what's happening here. Here's what Jimmy Iovine, a top Universal Music Group executive and... Read more...
It never saw the light of day, for obvious reasons. But the beta-stage MegaBox is now part of a growing conspiracy theory over why MegaUpload was so abruptly shut down. And it's getting fueled by a deeply suspicious public, one struggling to understand exactly how US-based agencies like the FB... Read more...
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05/06/2011,
by IAmNotARapperiSpit.com in apple,
Music,
News,
Space: The Final Frontier,
Stranger than fiction,
Technology,
World News
By Ed Christman with Antony Bruno As expected, Apple has signed the fourth major label -- Universal Music Group -- to a licensing deal for its new iCloud service, which is scheduled to be unveiled on Monday at its Worldwide Developer Conference, sources told Billboard today. At the same t... Read more...
Len Blavatnik's Access Industries is buying Warner Music Group Corp., the world's third-largest recording company, for about $1.3 billion, according to a person familiar with the matter. The person, who was not authorized to speak publicly about the matter and spoke on condition of anonymity, ... Read more...