Business, Services And Guides For Music Labels
In very, very good news for the music group, in a conference call announcing its third-quarter financial results ended on June 30, Billboard and Sys-Con Media are reporting that Warner Music Group posted only a $9 million loss on revenues of $811 million, a huge improvement over last year’s $44 million loss in the last […]
The post Thanks to Streaming Revenue, Warner Music Group Posts Strong 3Q Earnings appeared first on Digital Music News.
Streaming now generating around $2.5m a day for major, MBW estimates
The post ‘Turbocharged’ streaming revenues now double download at Warner appeared first on Music Business Worldwide.
It looks like the ice is breaking between top online music video hosting service Vevo and Warner Music Group. Right behind several top video hosts Google, Yahoo, Facebook, and YouTube, Vevo — owned by Universal Music Group, Sony, Google, and others and well-known for hosting premium music videos from top artists like Taylor Swift and […]
The post Warner Music Group and Vevo Close to Reaching Content Deal appeared first on Digital Music News.
The latest executive shuffles across the music industry… Sony/ATV has elevated Michael Abitbol to Senior Vice President of Business and Legal Affairs. Abitbol has worked for Sony/ATV since 2012 where he started as Vice President of Business and Legal Affairs. Before Sony/ATV, Abitbol worked for EMI Music Publishing. In his new role, Abitbol will continue to report to […]
The post Executive Shuffle: Sony ATV, Warner Music Group, The Orchard… appeared first on Digital Music News.
Ma takes on dual roleThe post WMG appoints Andy Ma first Chief Commercial Officer for China appeared first on Music Business Worldwide.
Warner says why should they have to foot the bill… Warner/Chappell, the publisher of Led Zeppelin’s iconic ‘Stairway to Heaven’ song, is seeking $800K in fees after they won the copyright infringement case against Michael Skidmore – the trustee of Spirit band member Rande Wolfe. The fees are made up on $613,471 in attorney’s fees, and the rest […]
The post Led Zeppelin Won The ‘Stairway To Heaven Case’, Now Warner Wants $800K appeared first on Digital Music News.
‘We look forward to putting this legal matter behind us’The post Led Zeppelin cleared in Stairway To Heaven copyright lawsuit appeared first on Music Business Worldwide.
The latest executive shuffles across the music industry… Polydor Records has appointed Rich Castillo as Senior A&R Manager. Castillo comes from being a Director of A&R for Universal Music Canada where he was based in Toronto. Prior to the role in Canada, Castillo was Head of A&R for UMTV in London, and his new role will […]
The post Executive Shuffle: Polydor Records, Universal Music UK, CMG, WMG appeared first on Digital Music News.
Warner Music Group has acquired Sweden-based digital compilation company X5 Music Group, according to a report by The Hollywood Reporter. X5 is an independent digital-only label which was founded in 2003. Initially the company licensed and curated classical repertoire but now specializes in licensing pre-existing music for compilation albums and genre-specific music to create playlists, streaming and […]
The post Warner Music Group Has Acquired Digital-Only Label X5 appeared first on Digital Music News.
Ancliff named Executive Vice President for Eastern Europe, Middle East and Africa
The post Chrysalis deal done, Warner’s Chris Ancliff steps up to EVP role appeared first on Music Business Worldwide.