Monday, March 3rd, 2008
Daily News: Monday
Seth Godin On Future of Music Industry: Marketing Expert Seth Godin recently gave a talk on the future of the music industry. Download it as a free PDF file by clicking here. Highly recommended!
Jonas Brothers Sign To Polydor: “Universal Music Group has struck a deal with Disney Music Group’s Hollywood Records to license the Jonas Brothers’ self-titled album for Europe. “Jonas Brothers” will be released in Europe by Polydor Records in June, preceded by the first single, “S.O.S” in late May. “This band is one of our key priorities for Europe,” comments Max Hole, executive VP, Universal Music Group International in a statement.” (via Billboard)
Reznor Releases Instrumental Album: “We‘re very proud to present a new collection of instrumental music, Ghosts I-IV. Almost two hours of music recorded over an intense ten week period last fall, Ghosts I-IV sprawls Nine Inch Nails across a variety of new terrain… the complete Ghosts I-IV is available directly from us in a variety of DRM-free digital formats, including FLAC lossless, for only $5. You can also order it on CD, or as a deluxe package with multitrack audio files, high definition audio on Blu-ray disc, and a large hard-bound book.” (via NIN)
UMG’s 2007 Earnings: “Universal Music Group suffered a difficult 2007, thanks to a cocktail of negative factors. Parent company Vivendi pointed to an annual profit dip of 16.1 percent to 624 million euros ($946.6 million), calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization). A sinking dollar depressed the outcome, and profits measured at constant currencies dropped a more modest 12.9 percent.” (via DMN)
Alexander & Herre Helm New EMI Units: “Stephen Alexander, who has served for the past five years as managing director at Terra Firma, Hands’ equity firm which bought EMI last year, becomes executive VP of the CCSA division. Meanwhile, EMI Music Licensing and Synch has been created, with Ronn Werre rising to executive VP of the unit. Werre, who joined EMI Music 10 years ago as VP of major accounts, was promoted in 2005 to president of EMI Music Marketing in North America overseeing sales, catalog, synch, licensing and special markets.” (via Billboard)
