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Warner Music shares soar on speculation that sale is imminent
Company TownWarner Music Group's shares spiked more than 5% Thursday as rumors of an imminent sale of the New York music company to oil baron Len Blavatnik reached fever pitch.... -
Warner Music Group sold for $3.3 billion to Access Industries' Len Blavatnik
Company TownAccess Industries, a holding company founded by oil baron Len Blavatnik, won the auction to buy Warner Music Group Corp. for $3.3 billion in cash, the companies announced Friday morning.... -
Album sales fell 9.5 percent in '07, digital track sales soared
LOS ANGELES (AP) -- U.S. album sales plunged 9.5 percent last year from 2006, continuing a downward trend for the recording industry, despite a 45 percent surge in the sale of digital tracks, according to figures released Thursday. A total of 500.5...Tags: Alicia Keys, EMI Group Ltd., Christmas, Consumers, Video Supplies and Services
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They're doing it Frank Sinatra's way
Los Angeles Times Staff WriterAnew era is beginning in the career of Frank Sinatra even if the Chairman of the Board isn't here to participate. The iconic singer died May 14, 1998, and the 10th anniversary is being marked with a flurry of activity, including a new U.S. postage...Tags: Live Nation, Casino and Gambling, Bars and Clubs, Elections, DVDs and Movies
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MySpace music venture to take on iTunes
Los Angeles Times Staff WritersNews Corp.'s MySpace, the largest online social networking site, will unveil as early as today a joint venture with the world's top three music labels, according to several people familiar with the matter. The service, to be dubbed MySpace Music, will be...Tags: Joint Ventures, EMI Group Ltd., U2 (music group), Video Supplies and Services, Sony Corp.
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At Warner Music, cuts go deep
Los Angeles Times Staff WritersThe folks at Warner Music Group Corp. are doing more than cutting records these days. They're also cutting jobs. In the year since Warner Music Chief Executive Edgar Bronfman Jr. and his fellow investors bought the once-venerated company, they have...Tags: Prince (music artist), Kid Rock, T. Rowe Price Group Incorporated, EMI Group Ltd., Public Employees
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Recording Industry Wants Woman Banned From Downloading Music
The Associated PressJust weeks after a federal jury ruled that a Minnesota woman must pay $1.92 million for illegally sharing copyright-protected music, the recording industry wants to make sure she doesn't do it again. Attorneys for the recording industry want a federal...Tags: EMI Group Ltd., Trials, Patents, Copyrights and Trademarks, Litigation, Justice System
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YouTube, Warner Music make a deal
LOS ANGELES (AP) — YouTube says music videos from Warner Music Group Corp. will return to the video site in the coming months after a nine-month dispute over deal terms. Most of the catalog of videos from artists such as Madonna, Metallica and...Tags: EMI Group Ltd., Computer Networking and Internet, Music Industry, Sony Corp., Green Day (music group)
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Woman Fined $1.92 Million For Music Downloads
Associated PressMINNEAPOLIS -- A replay of the nation's only file-sharing case to go to trial has ended with the same result - a Minnesota woman was found to have violated music copyrights and must pay huge damages to the recording industry. A federal jury ruled...Tags: Trials, EMI Group Ltd., Sheryl Crow, Justice System, Gaming
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Judge: Student's Pirated Music Violated Copyright Laws
The Associated PressA federal judge has ruled that a Boston University student violated copyright laws when he swapped music online, paving the way for a jury to begin considering damages Friday. Joel Tenenbaum, 25, of Providence, R.I., admitted on the witness stand...Tags: Trials, Patents, Copyrights and Trademarks, Litigation, Justice System, Sony Corp.
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The week ahead
Chicago TribuneMonday: -- Earnings: Donaldson Co.; SkillSoft PLC Tuesday: -- November consumer confidence -- September Case-Shiller home price index -- Earnings: American Eagle Outfitters Inc.; Analog Devices Inc.; Casual Male Retail Group Inc.; Dress Barn Inc.;...Tags: HJ Heinz Company, Brown Shoe Company Incorporated, The Dress Barn Incorporated, Semtech Corporation, Aeropostale Inc.
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Nov 25, 2007
|Story| Chicago Tribune
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