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Posts Tagged ‘Record Label’

Warner Music CEO Edgar Bronfman Optimistic About Spotify, Digital Despite 14% Revenue Drop

Even though Warner Music Group’s revenues dropped 14% in its last quarter, chairman and CEO Edgar Bronfman Jr. used the company’s Tuesday earnings call to express hope for diversified revenue and new cloud-based music services. “We expect digital revenue to accelerate once again as new business models are rolled out on a global basis and [...]

When artists are held hostage by labels

(GUARDIAN) Last week, Amanda Palmer declared on her blog: “I am very happy to announce that I have finally been released from my contract with Roadrunner Records.” Palmer went on to say that she hadn’t been able to release her music for free while signed, but now she was going to do just that in the [...]

In EMI Battle, Citi Is At Odds to Acquire the Company

AFTER the Grammy Awards last Sunday, the stars came out for EMI’s party at the W Hollywood Hotel and there was one person, however, whose absence was conspicuous at the soirée: Guy Hands, the chairman of Terra Firma, the British private equity firm that bought EMI, the music publishing and recording company, for what it [...]

EMI Will Sell Digital Concert Recordings At Shows

With recorded music sales still ebbing away, the only part of the industry that can truly make money from fans, conventional wisdom goes, is the live experience. But now EMI Music is trying to marry the two. It’s setting up Abbey Road Live, a new “live music recording and instant production service” that will let [...]

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