Outside of playing his music, I can find no other way to honor Prince, then probably one of the funniest sketches in comedy history. Take it from her Charlie…and RIP to the icon Prince.
Named president of Asylum Records in 2004, Todd Moscowitz was instrumental in the independent success of artists like Bun B [click to read], Webbie [click to read] and D4L. Subsequently advancing to CEO of Warner Brothers‘ Independent Label Group (ILG), Moscowitz also worked with East West Records in handling some of the major label’s independent artists and accounts in New York.
It was announced this morning that Moscowitz will remain in the Warner family, but in the the merger between the the parent company and the ILG, Todd will be named Executive Vice President of Warner Brothers Music. In the interim time,Moscowitz will report to Warner Music CEO Tom Whalley, as well as John Espisito,WEA‘s CEO, for the duration of ILG.
“I’m excited about the opportunity to work even more closely with Tom and his team and to provide Asylum artists the unparalleled resources of Warner Brothers Records,” said Moscowitz in a statement. “It’s an honor to be a part of a label so deeply-rooted in the history and culture of our business.” Continue reading
All of sudden the Dipset cuddling comes to an abrupt end. This interview is a break from previous ones where Cam states what it would take to get him and his former team back together. This time around he throws all them negroes under the bus by refusing to acknowledge that he even knows them, which is such a far stretch of the imagination but ignoring your beef is sometimes way worst than committing energy to it.
Vodpod videos no longer available.
An inevitability in the age of downloading as record labels look for new revenue streams, at least one label is in talks with YouTube to create a premium online music video service.
Reuters reports that Universal Music Group—the umbrella under which such labels as Interscope and Def Jam fall and home to artists the likes of Jay-Z, Lil Wayne, and 50 Cent—is looking to partner with the No. 1 video site in the nation to create what at this point is being referred to as “Vevo.” Carrying premium music-related content, the new video site would generate higher advertising and per-play rates than currently available through YouTube.
Financial terms of a potential deal remain unknown, but an agreement between the two media giants could prompt similar partnerships between YouTube and the remaining “Big Four” labels—Warner Music Group, EMI, and Sony BMG. Back In December, Warner ordered YouTube to pull all of their content from the site after contract talks fell apart but current agreements with Universal, EMI, and Sony BMG remain in place.
Unless you’ve been living under a rock (or perhaps in Iraq), you’ve been hearing about the release of a little low-budget indie art film called ‘Watchmen.’ Based on the twelve-issue comic book by renowned comic writer Alan Moore — and now available in all-in-one form as a graphic novel – ‘Watchmen’ is one of the most beloved franchises in all of comic-dom. And today, Warner Brothers announced that it will be publishing — in addition to ‘Watchmen: End is Nigh’ for Xbox 360 and PlayStation 3 — an online, multiplayer game for iPhone called ‘Watchmen: Justice Is Coming.’
Described as a “multiplayer online adventure fighting game,” ‘Justice’ lets you and thousands of other characters play at the same time in one virtual world, whose missions, areas and secrets are constantly being updated by the developers. While it’s not quite as advanced as something like ‘World of Warcraft‘ (the most popular, massively-multiplayer game ever), users can chat with and battle other characters as they move through the adventure. Players can even customize their avatars’ looks and skills before hitting the mean streets of Manhattan.
Warner Music Group Chairman/CEO of Recorded Music for the Americas and the U.K.Warner’s label chief speaks out on 360 deals, $1.29 singles and why YouTube deals don’t pay.
via Billboard/ROBERT LEVINE
No one can say that Lyor Cohen isn’t opinionated. At Def Jam in the ’90s, he earned a reputation as an entrepreneur who would fight to protect the interests of his artists. And he didn’t mellow out much at Island Def Jam or at Warner Music Group, where CEO Edgar Bronfman Jr. brought him in 2004.
Hired to make Warner’s various labels more efficient, Cohen has recently posted some impressive gains. In 2008, WMG gained 2.2 percentage points of market share, according to Nielsen SoundScan, and Atlantic became the No. 1 label in the United States. And Cohen recently expanded his role at the company, from running recorded music in the United States and Canada to overseeing those operations in North and South America as well as the United Kingdom.
Perhaps unsurprisingly, Cohen has emerged as an aggressive advocate for labels and artists to reap the rewards of the digital age. That meant withholding Kid Rock’s album from iTunes to maximize revenue for the project. But it also meant coming up with more digital products, from which Atlantic now says it receives half of its revenue. Continue reading
The March 6 release of the superhero flick had been in doubt for months as 20th Century Fox and Warner Bros. sparred in federal court over who had proper rights to the film.
Spokesmen for both companies released a statement Thursday night that the studios have resolved the dispute in a confidential agreement.
Settlement discussions ramped up after a judge decided last month that Warner Bros. had violated Fox’s distribution interests by shooting the film.
Attorneys for both studios are scheduled to meet with U.S. District Judge Gary Allen Feess on Friday and discuss the agreement.
The statement said both studios “look forward with great anticipation” to the film’s release.
via LA Times
The impasse comes at a time when all four major labels — Warner, Universal Music Group, Sony BMG Music Entertainment and EMI Music — are renegotiating their licensing deals with YouTube, the largest video site.
YouTube and social networks such as Last.FM pay for the rights to stream music videos. Typical licensing agreements pay either a minimum fee based on the number of times a video is viewed or, if the sum is greater, a share of the ad revenue, helping to make music videos a small but fast-growing source of revenue for the labels. One label executive estimates that music videos will generate about $300 million for the industry this year.
Record labels are eager to explore ancillary revenue to help offset free-falling CD sales. This year’s album sales are down 45% from 2000, according to Nielsen SoundScan. A recent Forrester Research report projects that disc sales will continue to decline by an annual rate of about 9% over the next five years, as retailers reduce the shelf space allotted to CDs and music fans shift their purchases online. Continue reading
via The Street
Warner Music’s demand comes after it was unable to work out a new licensing agreement with YouTube, according to the report, published Saturday by Reuters. YouTube is owned by Google(GOOG Quote – Cramer on GOOG – Stock Picks).
Negotiations between the companies fell apart because Warner Music wants a bigger portion of the potential revenue from YouTube’s online visitor traffic, according to the report.
“We simply cannot accept terms that fail to appropriately and fairly compensate recording artists, songwriters, labels and publishers for the value they provide,” Warner Music was quoted saying in a statement.
via Rap Industry
Warner Music Group Corp. announced today a series of corporate management appointments, effective immediately, to further drive progress on the company’s strategy to identify and exploit growth opportunities in the evolving global music business. In making the announcement, WMG Chairman and CEO, Edgar Bronfman, Jr. said:
“This new structure recognizes the evolution of our business since WMG became a stand-alone music company in 2004, and is intended to drive our ability to seize new growth opportunities. It builds on elements of the company’s strategy – including significant investment in A&R, leadership in the industry’s digital transformation, and development and acquisition of a suite of artist service companies – that have helped deliver a high level of creative and operational success. Given our significant achievements over the past few years, we are positioned to transform the organization into a true global enterprise. We can no longer organize the company as simply ‘U.S.’ and ‘non-U.S.’ operations. A more unified structure will help our team to best focus their abilities for maximum benefit to artists, shareholders and employees. Continue reading
With the success of Iron Man cemented in stone, all eyes are on the next comic book themed blockbuster of the summer on deck. Warner Bros., hoping to capture some of the steam from Iron Man’s earth-shattering debut, released the second trailer to the highly anticipated “Dark Knight” movie. Considerably alot darker than Iron Man, lets see if the Ledger hysteria will hold up to carry this flick to the “Blockbuster” finish line. We’ll see come July 18.
All nine major music labels came together on one accord to make a move to shut down a site they claim is nothing more than a copyright infringer. The labels which include Warner Music Group Corp’s Atlantic Recording Corp, Elektra Entertainment Group Inc and Warner Bros. Records Inc; EMI Group Plc’s Capitol Records LLC, Priority Records LLC and Virgin Records America Inc; and the Interscope Records, Motown Record Co LP and UMG Recordings Inc labels of Vivendi SA’s Universal Music Group are alleging that Project Playlist (www.projectplaylist.com) amounts to nothing more than a clearinghouse for music piracy. They claim the service allows users to “easily find, play and share music with others for free, according to the suit filed in U.S. District Court in Manhattan.”
The website compiles a vast index of songs on the Internet and users can “quickly and easily search the index for recordings by their favorite artists. At the click of a mouse, Project Playlist instantly streams a digital performance of the selected recording to the user, who can listen to it on his or her computer or mobile device,” the lawsuit said.
The labels are looking to shut the site down a la Napster style and seek unspecified monetary relief.
Most disturbing to the labels is that this site was on the brink of advancing its technology and getting music to listeners quicker than the labels have been able to. Downloadable to mobile devices and embeddable on Facebook and Myspace, Playlist.com was expanding its aim to share free music with its users. CLICK [HERE] for full details.
The death of Heath Ledger has fueled unprecedented interest in the upcoming Batman movie The Dark Knight. On the heels of that excitement Warner Bros. has released its international poster officially igniting The Dark Knight campaign. They also threw out a script synopsis so fans can draw a mental picture of what the Batman Joker showdown will play out like. Enjoy.
“Christian Bale once again embodies the man behind the mask in “The Dark Knight.” The film reunites Bale with director Christopher Nolan and takes Batman across the world in his quest to fight a growing criminal threat. With the help of Lieutenant Jim Gordon (Gary Oldman) and District Attorney Harvey Dent (Aaron Eckhart), Batman has been making headway against local crime…until a rising criminal mastermind known as The Joker (Heath Ledger) unleashes a fresh reign of chaos across Gotham City. To stop this devious new menace–Batman’s most personal and vicious enemy yet–he will have to use every high-tech weapon in his arsenal and confront everything he believes.”
Universal Music Group has agreed to license it’s catalog to Imeem, the burgeonig social network that offers free streaming of music to users. With the addition of Universal to Imeem’s network, they have a vast catalog of music from all four majors available for streaming. In this new business model revenenue will be shared with the majors via advertising as opposed to the sale of music, which is what their previous partnership with iTunes provided. Insiders are calling this partnership historic. For more info read FULL article HERE
To log onto Street Knowledge’s imeem page click HERE