Free downloads nearly killed the record business. A generation of youthful customers got used to the idea that music should be given away. Compact disc sales fell around 15% annually year after year.
EMI, one of the world's largest record companies, is considering turning over its distribution, sales and marketing operations in the United States to a rival in an attempt to cut its extensive losses, music industry sources said Friday.
Until recently, Elio Leoni-Sceti spent his days thinking about how to get consumers to buy more Mop & Glo. Now he has to sell them more Coldplay albums.
When Brian Burton, a little known DJ operating under the name of Danger Mouse, released "The Grey Album" in 2003, he brought to mainstream attention a new form of musical genre made possible by the advance of modern technology and the Internet. He also inadvertently sparked a debate about record labels' monopoly of music ownership.
The Rolling Stones announced Thursday they have signed a deal to release the soundtrack to their Martin Scorsese-directed concert film through Universal Music Group
The new owners of music label EMI Group -- home of the Rolling Stones, Coldplay and the Spice Girls -- said Tuesday that they plan to cut up to a third of the work force in a restructuring plan aimed at countering plummeting revenue from CD sales and the loss of several major artists from the company's stable.
Free downloads nearly killed the record business. A generation of youthful customers got used to the idea that music should be given away. Compact disc sales fell around 15% annually year after year.
EMI, one of the world's largest record companies, is considering turning over its distribution, sales and marketing operations in the United States to a rival in an attempt to cut its extensive losses, music industry sources said Friday.
Until recently, Elio Leoni-Sceti spent his days thinking about how to get consumers to buy more Mop & Glo. Now he has to sell them more Coldplay albums.
When Brian Burton, a little known DJ operating under the name of Danger Mouse, released "The Grey Album" in 2003, he brought to mainstream attention a new form of musical genre made possible by the advance of modern technology and the Internet. He also inadvertently sparked a debate about record labels' monopoly of music ownership.
The Rolling Stones announced Thursday they have signed a deal to release the soundtrack to their Martin Scorsese-directed concert film through Universal Music Group
The new owners of music label EMI Group -- home of the Rolling Stones, Coldplay and the Spice Girls -- said Tuesday that they plan to cut up to a third of the work force in a restructuring plan aimed at countering plummeting revenue from CD sales and the loss of several major artists from the company's stable.
Web retailer Amazon.com Inc. launched its much-anticipated digital music store Tuesday with nearly 2.3 million songs, none of them protected against copying
Apple Inc. said on Tuesday it would offer the entire solo catalog of John Lennon on iTunes in its second such deal with one of the Beatles, who have been among the highest-profile holdouts to put tunes online.
Stocks turn mixed, giving back early gains, after a weaker-than-expected manufacturing report countered early enthusiasm about the day's corporate deals.
EMI Group PLC. announced a deal Monday with Apple Inc.'s iTunes to sell its music catalog without the anti-piracy protection known as DRM restrictions.
Click on the iTunes music store and punch in "Beatles" under artist search. More than 50 albums will pop up, including Arthur Fiedler and the Boston Pops Play the Beatles, but none are the real dea...
Click on the iTunes music store and punch in "Beatles" under artist search. More than 50 albums will pop up, including Arthur Fiedler and the Boston Pops Play the Beatles, but none are the real deal. Fans wishing to download the actual Fab Four in MP3 format have to search peer-to-peer sites like Limewire for unlicensed songs they can listen to free.
Jeff Kwatinetz, CEO of the Beverly Hills management company known as the Firm, made the rounds to several major record companies with a proposition earlier this year. His client, the rapper-actor ...
Wall Street is betting on a big music industry merger. But investors who have been aggressively bidding up shares of Warner Music Group and EMI Group may find themselves singing a sad song if a deal doesn't pan out.
Stocks were pointing to a good start on news of a takeover battle between two independent recording companies, as the Federal Reserve begins a much anticipated two-day meeting.
NEW YORK (CNN/Money) - The Arctic Monkeys, Britain's latest "it' band, share a pretty amusing take on the current state of the recording industry in the song "A Certain Romance."
Having endured pitfalls and successes in more than two decades as a band, Great White now plays with purpose two years after a blaze killed 99 of their fans and one of their own.
Eliot Spitzer has rattled Wall Street's cage with investigations into stock research, mutual funds and insurance sales, but the New York Attorney General isn't done: now he's turning his attention to record labels, according to a published report Friday.
New York Attorney General Eliot Spitzer is expected to announce today a settlement with the music industry under which recorded-music and music- publishing companies will make a good-faith effort to distribute $50 million in unpaid royalties to thousands of unknown musicians, along with a number of well- known performers, including David Bowie, Sean "Puffy" Combs, and Dolly Parton , Tuesday's Wall Street Journal reported.
Jeff smith was between jobs a few years back and pitched in to help his father, Joe, move to a new house in Beverly Hills. Joe--a former chairman of Warner Bros. Records, Capitol EMI Records, and E...
EMI Group, the world's third largest music company, is cutting jobs and artists in an effort to reduce costs as increased competition and piracy continue to limit profits.
Not quite three years ago, Sir Colin Southgate was the toast of British industry. As chairman of EMI, the $5.4 billion music giant behind the Beatles and the Spice Girls, he'd saved a national inst...
When Advent attempted to buy British bookstore chain Waterstone's earlier this year, the U.S. venture capital firm faced a potentially bloody and protracted conflict with EMI Music, the giant recor...
ROBERT C. BOWEN, senior vice president of National Computer Systems, has spent as much as 70% of his work year in flight or zipping through airports. Don J. Gunther, an executive vice president for...
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