Music Industry News

Sony Says They May Bid for EMI

Source: HypeBot
May 10, 2010

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After Flooding, Nashville Musicians Assess Losses

Source: Michael Ricci
May 10, 2010

NASHVILLE -- The country music star Brad Paisley was one of hundreds of performers who feared for their instruments this week after the Cumberland River overflowed.

The water covered large areas of Nashville, flooding the Grand Ole Opry stage with two feet of it, causing heavy damage to the symphony hall and forcing electricity to be cut in a tourist neighborhood of downtown.

The stage door of the Grand Ole Opry House in Nashville, where a cleanup effort is under ...

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TuneCore Adds Charts, Offers Impressive Sales Stats

Source: HypeBot
May 8, 2010

Flat fee digital distributor TuneCore has added a weekly Top 20 Artists chart and Top 20 Songs chart compiled from iTunes daily trend reports. Along with the announcement came come interesting stats from 2009 that show how TuneCore's popularity and hint at the potential for independent sales. 65 million songs were sold or streamed by TuneCore artists over all outlet $35 million in gross music sales were generated 26,230,308 songs, or about 40% of all sales 1,470,502 ...

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Realnetworks Post-Rhapsody Reports Small Profit from Lower Revenues

Source: HypeBot
May 8, 2010

Q1 revenue fell 9% to $128.6M from $140.8M in the previous year quarter Net income of $3.2M or 5 cents a share vs. a net loss of $12.M or 10 cents a share last year Q1 numbers a $10.9M restructuring gain when it spun off Rhapsody and a one time $2.6M tax benefit Real expects Q2 to be the low point in 2010, but anticipates improvement in the second half of the year ...

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Bob Baker: Giving Music Consumers These 3 Choices Leads to More Revenue

Source: HypeBot
May 8, 2010

This guest post comes from Bob Baker of TheBuzzFactor, author of the “Guerrilla Music Marketing Handbook," Berkleemusic's “Music Marketing 101“ course, and many other books and music promotion resources.

Are you pulling your hair out trying to figure out how to make money selling single digital downloads and albums, while also wondering where physical CDs fit into the mix these days?

Well, Scott Cohen may have an answer. He manages a band called the Raveonettes and is the co-founder and ...

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A Growing Recording Label Finds a New Sensation

Source: MM Entertainment Publicity
May 8, 2010

Premier Musique Group (PMG), a Christian and family-oriented recording company, added a new act to its marquee this month. Prior to, the company's sole talent was Hulon, a top charting jazz artist that is currently ranked #25 on the Nielson BDS / Billboard music charts. To expand the company's horizons and reach a younger generation, PMG signed American Idol contestant, Courtney Salter, a Neo-Soul / R&B artist from Washington, D.C.

PMG plans to have Courtney in the studio later this ...

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Artists Recording Collective Music Network News Update.

Source: Two for the Show Media
May 7, 2010

The official Artists Recording Collective Music Network is now producing the online digital magazine

Jazz Artistry Now, a new publication that was established to bring more focus toward this seriously engaging now music and many of the exciting now artists who are creating it everyday. Jazz Artistry Now presents feature articles, interviews, reviews, music and videos - more to follow...

Pianist SUMI TONOOKA continues work on her upcoming solo piano CD release - more to follow...

Tenor Saxophonist ERICA LINDSAY ...

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Ticketmaster-Live Nation Merger Cleared

Source: All About Jazz
May 7, 2010

England's Competition Commission again cleared the Ticketmaster-Live Nation merger on Friday, formally sealing the creation of Live Nation Entertainment. The overseas regulatory body had originally approved the splicing in December, but agreed to reconsider and make a new decision following a challenge to the Competition Appeal Tribunal by German ticketing firm CTS Eventim. The CC again concluded that the merger would not result in a substantial lessening of competition in the ticketing arena or any other U.K. music market. The ...

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