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Spotify, BandPage Win, Slick Rick Performs at SoundCtrl's FlashFWD Awards
May 18, 2012
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Record Labels
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Digital & Mobile
At 7pm on a rainy Tuesday evening right in the middle of Internet Week NY, tech entrepreneurs and music enthusiasts alike filed into the Gramercy Theater to attend the 3rd annual FlashFWD awards show. Presented by SoundCtrl, a NYC-based event platform for the convergence of music and digital media, in conjunction with Fuse and Pepsi, FlashFWD aims to recognize companies and individuals who have made significant innovations in the music industry. » Full Story
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Facebook's IPO is One of World's Largest
May 18, 2012
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Record Labels
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Digital & Mobile
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Branding
Facebook finds out today just how much status updates, puppy photos and billions of "likes" are worth on Wall Street. Facebook's stock is set to begin trading on the Nasdaq Stock Market today, the day after the world's definitive online social network raised $16 billion in an initial public offering that valued the company at $104 billion -- more than Amazon.com, Kraft, Walt Disney and McDonald's. » Full Story
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Donna Summer's Enduring Billboard Chart Successes
May 17, 2012
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Record Labels
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Chart Alert
Donna Summer may have been referred to as the Queen of Disco, but her Billboard chart hits weren't confined to the so-called "disco era" of the late 1970s. While she earned a string of smash singles on the Billboard Hot 100 chart in the '70s -- many produced by Giorgio Moroder and Pete Bellotte -- she continued to chart hits on into '80s, '90s, '00s and '10s. » Full Story
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Universal Music Group Q1 Revenue Up 9.1%, Credits Madonna, Nicki Minaj, Gotye, Van Halen Releases
May 15, 2012
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Global
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Legal & Management
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Digital & Mobile
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Retail
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Rock & Pop
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R&B/Hip-Hop
Universal Music Group revenues increased 9.1% to $1.28 billion in the first quarter of 2012. Earnings before interest, taxes and amortization (EBITA) grew 47% to $90.8 million. Parent company Vivendi attributed revenue growth in part to a strong release schedule that included albums by Madonna, Nicki Minaj, Van Halen, Gotye, Lana Del Rey and Germany’s Unheilig. » Full Story
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Teyana Taylor Signs to G.O.O.D. Music
May 14, 2012
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Record Labels
Teyana Taylor, better known to most music fans as the voice behind some of the hooks on Kanye West's Grammy-winning album My Beautiful Dark Twisted Fantasy, will again be linking up with Mr. West after signing to his G.O.O.D. Music imprint, a subsidiary of Island Def Jam. » Full Story
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Donald 'Duck' Dunn, Bassist With Booker T. and the MGs, Stax, Dead at 70
May 13, 2012
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Touring
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Legal & Management
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TV & Film
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Rock & Pop
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R&B/Hip-Hop
Bass player and songwriter Donald "Duck" Dunn, a member of the Rock 'n' Roll Hall of Fame band Booker T. and the MGs and the Blues Brothers as well as a studio musician for the legendary Stax studios who played with countless musicians including Otis Redding, Wilson Pickett, Jerry Lee Lewis and later in Los Angeles Rod Stewart, Neil Young, Eric Clapton and others, has died in Tokyo. He was 70. » Full Story
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Deezer Signs Worldwide Licensing Deal With Merlin
May 11, 2012
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Record Labels
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Global
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Legal & Management
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Indies
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Digital & Mobile
Streaming service Deezer has signed a global licensing deal with independent rights agency Merlin which will bring labels, including Warp, Yep Roc, Epitaph, Tommy Boy, !K7, Merge, Koch to the digital platform. Meanwhile, in an interview with .Biz, Merlin CEO Charles Caldas stated his vigorous opposition to the EMI-Universal merger. » Full Story
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Facebook Announces New App Center
May 10, 2012
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Record Labels
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Digital & Mobile
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Branding
Facebook has announced a new App Center on its Developer Blog which it describes as both a place for people to discover social apps and a vehicle for developers to promote and build upon their apps. The post, written by Facebook engineer Aaron Brady, also announced the introduction of paid apps and a mobile version of the new platform. » Full Story
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Business Matters: @NARM - Ready or Not, Brands and Music Are BFFs
May 9, 2012
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Touring
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Record Labels
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Digital & Mobile
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Retail
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Branding
Brands are getting more involved with music. That may not always be a good thing, but it’s a trend that isn’t going to reverse course. “Bands and Brands 2012: Who’s in Charge?” may have been one of the most important panels at NARM, a conference typically associated with retailers and record labels. And one metric stands out in Live Nation’s first-quarter results released Wednesday: revenue per concert. Revenue from concerts declined 0.1% to $448.7 million from $449.3 million in the first quarter of 2011. » Full Story
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Exclusive: Frenchkiss Label Group Announces First Distributed Labels: ATP, White Iris, Underwater Peoples, More
May 9, 2012
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Record Labels
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Indies
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Digital & Mobile
Frenchkiss, which announced the formation of the Frenchkiss Label Group earlier this year, has announced the first nine labels joining the fold: ATP Recordings, Cavity Search, Cult, God Mode, Holiday Friends, JAXART, Pendu Sound, Underwater Peoples and White Iris » Full Story
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More Tributes To Beastie Boy Adam Yauch: Eminem, Chuck D, Jay-Z, Madonna, Others
May 6, 2012
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Touring
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Record Labels
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Legal & Management
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Rock & Pop
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R&B/Hip-Hop
As sad news of Beastie Boy Adam Yauch's passing spread across the globe, tributes from both music superstars and the music industry he so influenced and inspired continued to pour forth. Here Eminem, Chuck D, Jay-Z, Madonna, Q-Tip, Def Jam's Joie Manda, Santigold and others expressed their condolences and gratitude to the great MCA. » Full Story
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