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...
THE MIND YOUR BUSINESS MUSIC CONFERENCE IS BACK! NETWORK & SHOWCASE AMONG MUSIC INDUSTRY PROFESSIONALS! PERFORMANCE SHOWCASE, VIDEO/SHORT FILM, SONG CRITIQUE, NETWORKING, CASTING FOR MUSIC/SPORTS BASED REALITY SHOW! EXHIBIT YOUR COMPANY & MORE! Artists will have the opportunity to ... Read more...
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 that year. Former EMI CEO Roger Faxon -- who just... Read more...
Via: At least Lyor Cohen and Edgar Bronfman are doing it in plain sight. But a backroom scheme has now gone bust for Warner Music Group equipment buyer Andrew Robertson, who almost ran away with $700,000 in stolen funds. This involved a few different tricks, including the creation of fictitious... Read more...
Warner Music Group's latest quarterly results shows how the industry can hope to transition to the future. Gains in digital revenue, licensing and synchronizations helped offset drops in physical revenue. Of course, the quarter may look rosy because it was a period of due diligence. Had potenti... Read more...
The race for Warner Music Group is now down to the three most credible bids but the board would consider more bidders, according to a person with knowledge of the discussions. These three companies were identified by a Bloomberg report as Yucaipa Companies, Access Industries and Platinum Equity.... Read more...
M.I.A., the provocative British-Sri Lankan rapper, is famous for supporting righteous warfare in her highly-political lyrics. Now, she's engaged in a pitched battle with a celebrity journalist over an unflattering profile that appeared in the New York Times Magazine. This weekend, she hit back ... Read more...