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Industry Moves: WMG Digital Head Alejandro Zubillaga Leaving; Mission ‘Sort Of Fulfilled’ - 0 Comments
Posted By Staci D. Kramer - Sun 24 Feb 2008 10:28 PM PST

The head of Warner Music Group’s (NYSE: WMG) aggressive digital music strategy is leaving, according to the Wall Street Journal. Alejandro Zubillaga, a brother-in-law of WMG Chairman Edgar Bronfman, Jr.,…

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News Corp. Working On Music ‘Hulu’ For MySpace - 6 Comments
Posted By Staci D. Kramer - Fri 15 Feb 2008 02:15 PM PST

paidContent has learned that News Corp (NYSE: NWS). is pursuing a music joint venture for MySpace—similar to Hulu, its video joint venture with NBC Universal (NYSE: GE), but with variations…

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@ MWC: EMI To Sell DRM-Free Mobile Music Through Jamba - 0 Comments
Posted By Robert Andrews - Tue 12 Feb 2008 06:18 PM PST

EMI has licensed Jamba to provide what the News Corp (NYSE: NWS). and Verisign-owned mobile entertainment JV says is the label’s first DRM-free repertoire in Europe to cross both mobile…

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More Changes At MTVN: MTV President Christina Norman Leaving - 1 Comment
Posted By Staci D. Kramer - Thu 07 Feb 2008 05:22 PM PST

Christina Norman, president of MTV since 2005 and an MTVN vet of 17 years, is leaving the Viacom unit at the end of the month. Van Toffler, president of MTV…

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U.S. DOJ To Probe Into Universal And Labels New JV Music Venture - 0 Comments
Posted By Rafat Ali - Thu 07 Feb 2008 05:19 PM PST

U.S. Department of Justice has begun an inquiry into a new JV headed by Vivendi’s (EPA: VIV) Universal Music Group, along with three other labels...this is the “Total Music” project…

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Spin Teams With MySpace For Digital Edition - 2 Comments
Posted By Amanda Natividad - Thu 07 Feb 2008 05:00 PM PST

Spin Digital and MySpace have teamed up to put Spin online as a digital magazine, not just a companion site. The interactive reading experience, powered by Texterity, offers links on…

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Earnings: Napster Slims Losses In Q4; Revs Gain 15 Percent; DRM-Free Downloads By June - 0 Comments
Posted By David Kaplan - Wed 06 Feb 2008 02:19 PM PST

Napster (NSDQ: NAPS) narrowed its net loss to $2.8 million ($0.06/share) in Q4, compared to a net loss of $9.5 million ($0.22 /share) last year. Revenues continued to grow, reaching…

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Earnings: WMG Execs: ‘Smaller Scale’ M&A; Imeem Investment; DRM-Free MP3s - 0 Comments
Posted By Robert Andrews - Wed 06 Feb 2008 11:42 AM PST

“Growth, particularly mobile, remained on a slower trajectory,” Warner Music Group (NYSE: WMG) CEO Edgar Bronfman, Jr. warned analysts and investors during the earnings call for the quarter ending Dec.…

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Earnings: WMG Ups Digital 41 Percent Annually; Records Loss In ‘Challenging’ Year - 0 Comments
Posted By Robert Andrews - Wed 06 Feb 2008 04:45 AM PST

Warner Music Group (NYSE: WMG) digital revenue grew nine percent in the last three months of 2007 to $141 million. Digital now makes up 14 percent of total group revenue…

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Google Close To Launching Free Music Downloads JV in China; Universal On Board - 1 Comment
Posted By Rafat Ali - Tue 05 Feb 2008 09:35 PM PST

Google (NSDQ: GOOG) is treading where others fear to tread: the Chinese digital music market, where search leader Baidu (NSDQ: BIDU) leads the pack with borderline business of linking to…

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Baidu, Sohu And Yahoo China Face New Wave Of Music Lawsuits - 2 Comments
Posted By Robert Andrews - Tue 05 Feb 2008 03:44 AM PST

The music industry is turning up the legal heat on Chinese websites it reckons are flouting its IP. First, Universal, Sony (NYSE: SNE) BMG and Warner have filed suit against…

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Yahoo Sells Premium Music Service To RhapsodyAmerica; Buys FoxyTunes - 2 Comments
Posted By Rafat Ali - Sun 03 Feb 2008 07:55 PM PST

Yahoo (NSDQ: YHOO), which has officially closed down its premium online music service Yahoo Unlimited (we reported on it first here), has sold the service to RealNetworks (NSDQ: RNWK) and…

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In Other News: RealNetworks Lays Off About 10 Employees In Music Division: Confirmed - 0 Comments
Posted By Rafat Ali - Fri 01 Feb 2008 12:30 PM PST

Updated: Has been confirmed by RealNetworks (NSDQ: RNWK) music PR...offices affected are Seattle, New York and San Francisco. These layoffs happened two weeks ago, and affects about 10 people, not…

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Vivendi: Q4 Revs Up 8.5 Percent; UMG Slides 3.1 Percent; Digital Music Up 54 Percent - 0 Comments
Posted By Joseph Weisenthal - Wed 30 Jan 2008 01:32 PM PST

Media conglomerate Vivendi (EPA: VIV) has released preliminary Q407 data showing revenue of €6.0 billion ($8.9 billion), an 8.5 percent year-on-year increase over €5.5 billion ($8.17 billion). On a full-year…

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NY Daily News, EMI To Offer Free Downloads To Readers - 1 Comment
Posted By Staci D. Kramer - Tue 29 Jan 2008 01:43 PM PST

The New York Daily News and EMI have cooked up a promo for this Sunday (Super Bowl) and Feb. 10 (Grammys): three free downloads for readers of each day’s NYDN.…

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Broadband Content Bits: CBS Interactive; Disney Channel-Taiwan; MySpace, MTV And AP - 0 Comments
Posted By Amanda Natividad - Mon 28 Jan 2008 03:09 PM PST

-- *CBS Interactive* gets official Grammy role: The digital arm of CBS (NYSE: CBS) has been named the official online partner of The Recording Academy to distribute Grammy-related assets from…

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@ Midem: SpiralFrog Exec Downplays Losses As Standard Start-Up Mode - 3 Comments
Posted By Robert Andrews - Mon 28 Jan 2008 11:35 AM PST

Right now, it only counts Universal amongst its major-label suppliers, but ad-supported free music distributor SpiralFrog is in Cannes to woo the rest. As VP Matthew Stern puts it, “That’s…

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@ Midem: U2 Manager Backs Sticking P2P Culpability On ISPs - 1 Comment
Posted By Robert Andrews - Mon 28 Jan 2008 09:31 AM PST

U2’s manager has called on ISPs to police subscribers’ online activities and kick off illegal file sharers. “Their snouts have been feeding at our trough for free for too long,”…

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Imeem Buys Social Music Service Anywhere.FM - 0 Comments
Posted By Rafat Ali - Mon 28 Jan 2008 07:00 AM PST

Social networking service Imeem has made its first acquisition, a small one in online social music service Anywhere.FM. Terms of the deal were not disclosed. The San Francisco-based Imeem has…

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@ MidemNet: Qtrax Launches Free Music In A Blaze Of Questions - 1 Comment
Posted By Robert Andrews - Sun 27 Jan 2008 10:42 PM PST

Qtrax, a new P2P service offering free ad-funded music, spent big marketing bucks to set up big expectations here in France - but, despite being due for download at midnight…

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@ MidemNet: Can Ad-Supported Music Pay Its Way? - 2 Comments
Posted By Robert Andrews - Sun 27 Jan 2008 10:15 PM PST

This year may go down as the year consumers started getting free music en masse. Not that music itself is free, of course - just that a wave of companies…

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@ MidemNet: YouTube’s Hurley: EU ‘Made Things Worse’; Seeks License Reform, Will Ramp Up Rev Share - 0 Comments
Posted By Robert Andrews - Sun 27 Jan 2008 11:22 AM PST

YouTube co-founder Chad Hurley called on Europe to simplify its content licensing systems. “It would be great, at this point, on the publishing side, if they were able to streamline…

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Amazon.com To Go International With Its MP3 Music Store; Sometime and Somewhere - 1 Comment
Posted By Rafat Ali - Sun 27 Jan 2008 01:23 AM PST

A slightly vaporware announcement from Amazon.com (NSDQ: AMZN), no doubt trying to piggyback the Midem music conference starting this weekend in Cannes (our UK editor Robert Andrews is on the…

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Does It Make Sense To Have DRM For Free/Subscription Music Services? - 1 Comment
Posted By Rafat Ali - Sat 26 Jan 2008 01:01 PM PST

See the related comment by Jean-Bernard Levy, CEO of Vivendi (EPA: VIV) (which owns Universal Music Group), which triggered this poll (RSS readers will have to click through). surveys -…

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@ MidemNet: Sony BMG Sees ‘09 Digital Tipping Point; Backs Unlimited Music-As-Service - 0 Comments
Posted By Robert Andrews - Sat 26 Jan 2008 11:09 AM PST

Sony (NYSE: SNE) BMG reckons its digital music revenue will first meet that of its physical sales next year.  “It’s rapidly going to 50 percent in the US - in…

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