Clear Channel Reports $5 Billion Loss : MusicRow
CC Media Holdings has reported a $5 billion fourth quarter loss due to a major change in the value of its assets such as radio licenses and other permits. CC Media Holdings is the vehicle used by Thomas H. Lee Partners and Bain Capital to privatize Clear Channel Communications last year in what was reportedly [...]
Bluegrass fans put spin on CD-buying habits | BluegrassJournal.com
When’s the last time you heard someone say they walked up to Justin Timberlake, Taylor Swift or Eminem at a concert and bought a new CD directly from the artist? And, oh yeah, can you believe this, it was autographed right on the spot? Believe that one and let me unload some shares of GM [...]
Eminem producers lose bid for massive iTunes royalties – Ars Technica
Music labels can breathe a sigh of relief after a jury concluded that sales through digital download stores like iTunes should be treated like CDs for the purposes of paying royalties. Eminem’s former production team, F.B.T. Productions, sued Universal over the issue in 2007. The brothers behind F.B.T. claimed that, when Universal provided music to [...]
The Sizzling Sound of Music – O’Reilly Radar
The Sizzling Sound of Music – O’Reilly Radar Are iPods changing our perception of music? Are the sounds of MP3s the music we like to hear most? Jonathan Berger, professor of music at Stanford, was on a panel with me at a meeting of the American Academy of Arts and Sciences in Mountain View, CA [...]
CMT News: NASHVILLE SKYLINE: Death of CD Confirmed
Friends and family announced the death of Compact Disc — familiarly known as “CD” — this week. Its remains were said to be scattered over a few dozen remaining retail stores that continued to stock CDs. It is survived by millions of MP3s and thousands of vinyl LP records, which were themselves long thought to [...]
The Nashville Potato Guns in the Studio
The Nashville Potato Guns recording their upcoming release… wow! Wait till you hear these guys! Blog This:
How the Music Business Spent the Summer Killing Itself
It’s been a depressing summer for the delusional record industry. We’re seeing a total disconnect between labels’ unrealistic, old-school revenue expectations and what the market can bear. On the streaming-music front, the sad reality is that advertising revenue may never fully support the music industry wishful-thinking profit margins. Full Article: How the Music Business Spent [...]
Digg – Another Spin for Vinyl Records
While the niche may still be small measured against overall sales of recorded music, the surge of interest in vinyl — and, particularly, its rising cachet among young listeners — is providing a rare glimmer of hope in a hemorrhaging industry. “Even if the industry doesn’t do all that well going forward, we could really [...]
Artists blame iTunes for changed music tastes
Online music sales continue to skyrocket at the expense of CDs. iTunes continues to be the leader of the pack, too, not only in online sales, but music sales overall. But a small rebellion is brewing against iTunes as artists become disgruntled with the hit they’re taking on overall album sales thanks to the now-wildly-popular [...]
