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The Marriage of Ticketmaster and Live Nation: Say Hello to the $400 Ticket?
Monday was a historic day in the music business. Concert promoter Live Nation Entertainment posted its first quarter results as a newly merged company with ticketing giant Ticketmaster. Much of the post-earnings-call press has focused on the stats. The highlights: Concert attendance for the first quarter was down 3%, and the company's revenue from resale site ...
An Indie That Believes in CDs
The waters might be choppy for the music business right now, but the Concord Music Group is happy to ride those waves. In April, Concord, an independent label, announced two deals, one to distribute Paul McCartney's post-Beatles catalog and another to buy Rounder Records, the roots label from Boston whose “Raising Sand" won a Grammy for ...
Sony Says They May Bid for EMI
"We are in a position that allows us to seize every opportunity in the market--including EMI," the head of Sony Music, Rolf Schmidt-Holz, told German Sunday paper Frankfurter Allgemeine Sonntagszeitung. On Thursday Warner Music Chief Executive Edgar Bronfman declined to comment during an earnings call about speculation that he was also eyeing ...
After Flooding, Nashville Musicians Assess Losses
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 ...
TuneCore Adds Charts, Offers Impressive Sales Stats
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 ...
Realnetworks Post-Rhapsody Reports Small Profit from Lower Revenues
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 ...
Bob Baker: Giving Music Consumers These 3 Choices Leads to More Revenue
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 ...
A Growing Recording Label Finds a New Sensation
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 ...
Artists Recording Collective Music Network News Update.
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 ...
Ticketmaster-Live Nation Merger Cleared
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 ...
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