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Guitar Hero Franchise Dies, Music Industry Loses
Activision has terminated the division that designed Guitar Hero and it's follow-ups. Since 2005, there have been roughly twelve titles in the franchise. That's six main titles and six expansions. Warriors of Rock, the most recent title, sold fewer than 100,000 copies during its debut month. Due to market saturation and diminishing novelty, the music video ...
Warner Music CEO Changes Tune About Spotify
Thus far, Warner Music Group CEO Edgar Bronfman Jr. has gone on the record as being against Spotify and others like it because they are “clearly not net positive for the industry and as far as Warner Music is concerned will not be licensed." In yesterday's earnings call, Bronfman changed his tune, saying that, “We do ...
Emily White: The Case for Artist Management
This post is by Emily White of Whitesmith Entertainment. Robin Davey's point is that the music business is changing constantly and rapidly. The old school management ideology IS over, which is why our 2-year old artist management company is thriving. That is exactly why the artists on our roster have brought us on to guide all ...
The Pros and Cons of the Privateer Model
A music business veteran named Chris Holmes has come up with an interesting business idea for helping the music industry. Called the Privateer Model, Holmes envisions a future where the myriad networks of tastemakers and influencers that spread music online are financially compensated for the role they play in music's spread. On its surface, the idea ...
Five Things Critics Do Not Like
Music critics and fans alike have started to bring up generation gaps when talking about the music industry's uncertain future: “Do kids still buy things? Do they still like albums? Do they listen to music on hi-fi systems? Do kids even know what hi-fi stands for?" These kinds of questions can be frustrating, because nobody has ...
It's Over! Activision Nixing Guitar Hero...
Funny how quickly games can end. First, Rock Band gets pawned off by Viacom for scraps. Now, Activision Blizzardis nixing Guitar Hero, based on a sagging revenue picture. “Due to continued declines in the music genre, the company will disband Activision Publishing's Guitar Hero business unit and discontinue development on its Guitar Hero game for 2011," ...
Alan McGee: Emi Proves P2P "Is Murdering the Music Business..."
EMI seems like the biggest enemy of EMI, though Creation Records founder and indie stalwart Alan McGee is making waves with a different take. “First things first: EMI is still a great British label," McGee penned a few days ago for NME. “It's justeconomics. Guy Hands bought it in 2007, at the height of the market, ...
Hurry up and Wait For Legal Cloud-Stored Music - EMI vs. MP3tunes Decision 2-6 Months Away
Is cloud-stored music legal? Do labels deserve an extra payment? We'll see. EMI's lawsuit against Michael Robertson's MP3tunes has winded down. A ruling, however, may be 2-6 months away. If won, MP3tunes will be deemed legal and Google can store user's songs in the cloud whether the major labels like it or not. Right now, labels ...
5 Ways Artists Can Use Foursquare to Engage Fans
This post is by Alison McCarthy. She's an intern at Hypebot. In an interview at MIDEM, Foursquare co-founder Naveen Selvadurai said the location-based social network is now valued at more than $250 million with over 6 million users, potentially increasing to 10 million by June. Though Foursquare is now seeing increased competition from Facebook and Twitter which have ...
Read the Letter CEO Roger Faxon Sent to EMI Staff After the Citigroup Takeover
CEO Roger Faxon has to be given credit for trying to move EMI forward in very difficult times. Amid staff cuts, lawsuits and now a forced shift in ownership to its banker, Faxon has sought to portray EMI as a music group in transition rather than one in crisis. Keeping his EMI team, buoyed by a ...
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