Bits & Pieces: More Executive Changes at RCA, EMI-MP3Tunes Ruling, AEG, Ticketmaster & more…
More changes emerged at Sony Music this week under new CEO Doug Morris, who appears to be positioning all operations to fall under four main groups – Epic Records, Columbia Records, RCA Records and the yet-to-be-named Dr. Luke-helmed label. The new executive team under RCA was announced, and includes Joe Riccitelli as the head of pop/rock promotion while Keith Naftaly, Rani Hancock and David Wolter will hold senior A&R posts – more details and names of new promotion and marketing executives can be found here. Along with the good comes the bad for some, as various reports today have layoffs in the double digits coming from within previous Jive/RCA aligned marketing, promotion and A&R departments. Meanwhile, it appears that other executives have left the Sony fold on their own accord recently, with the new direction being taken and company atmosphere cited among reasons… A judge’s decision this week in the EMI vs. MP3Tunes case left no clear winner and it is being seen as a mixed result for both sides. While MP3Tunes’ protection under the Digital Millennium Copyright Act, was upheld, the ruling claims that the service is responsible for acting on ‘take down’ notices and that users who upload copyrighted material can be held liable, including founder Michael Robertson. CNET has more on what is left up in the air with the ruling… A newly appointed marketing executive at the Specific Media-owned MySpace, talks to AdAge about the site’s new direction and claims that iTunes, Vevo and Spotify will be more appropriate competitors for the network rather than Facebook… Elsewhere, AEG has entered the ticketing arena with the launch of axs.com – a result of a new partnership with Outbox Enterprises – the new service is presided over by former Ticketmaster CEO Fred Rosen… Facebook and Ticketmaster have announced a new partnership that will provide added connectivity via the social network for interactive seating maps, Fast Company has all the details… And the L.A. Times examines the results so far of Arbitron’s latest research gizmo, the Portable People Meter - (we wear short shorts).
Bits & Pieces: Morris Move to Sony Music Top Spot Confirmed, Warner Music Gets Bids, Thumbplay Unloaded & More…
Morris takes his talents to Sony
The big news this morning from within the big four music groups (soon to be three?), is the confirmation that outgoing Universal Music Group CEO Doug Morris will indeed take over the reigns as new chief executive at Sony Music on July 1st, as Rolf Schmidt-Holz departs at the end of this month. Sony Corp. chairman Howard Stringer will fill the role in the meantime. Morris held the role of CEO at UMG since 1995, before announcing a successor in Lucian Grainge at the beginning of last year. On the other side of the coin, RCA/Jive label chief Barry Weiss will also leave the building this week, as he takes a top spot in Grainge’s East Coast Universal label operation… Bloomberg reported this week that Warner Music Group, which recently put itself on the block with help from Goldman Sachs, has received ten offers so far including bids on its publishing division Warner/Chappell Music by Sony/ATV Music and KKR-backed BMG Rights Management, while Russian billionaire Len Blavatnik is seeking to acquire most of the company. UMG did not submit an offer, reportedly due to anti-trust concerns – though they may be interested in acquiring parts of the recorded music business… In what could be seen as a preemptive move as Spotify appears to be gearing up for a U.S. launch (including reportedly making hires), Rhapsody is offering a 60 day free trial for its streaming service… Ringtone company Thumbplay, who transitioned into the music subscription arena earlier than most current players, has been bought by Clear Channel. It appears that the new owners of the service intend to transition the service into online radio, utilizing the Thumbplay technology and talent and integrating it into Clear Channel’s current free iheartradio service… Elsewhere, Live Nation California prexy Rick Mueller is reportedly leaving and heading to rival AEG… MTV and Sony/ATV’s Extreme Music are launching Hype Production Music as the result of a new licensing partnership that will focus on emerging and independent artists… And despite continued turmoil in the digital music landscape, investors are once again starting to dump big cash in the chaotic space.
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More Bits & Pieces: Rdio Taps WBR Chief Rob Cavallo, AEG Launching Ticketing Venture & more…
Rdio taps WBR's Cavallo
Music-streaming start up Rdio has raised $17.5million in new funding with a round led by Mangrove Partners. The company, founded by Janus Friis and Niklas Zennstrom of Skype notoriety, also announced the addition of Warner Bros. Records chief Rob Cavallo to its board of directors. The addition of Cavallo is said to be an effort to “strengthen” relationships with the music industry. Rdio currently offers a two-tiered paid subscription service, which fits in with Warner Music Group ruler Edgar Bronfman Jr.’s stance on services offering free levels of access, as in they “will not be licensed” by WMG… Yesterday’s News Corp. earnings call has led to more reports of an impending sale of MySpace. Company executives are not really saying anything new from what’s already been reported over the previous weeks, this time it is just more official… Anschutz Entertainment Group has announced a new joint venture called Outbox Enterprises, which sees the promoter entering the ticketing arena. As a result of the regulatory judgement in the Live Nation merger with Ticketmaster, AEG is allowed to compete for ticket sales. The new venture will be headed by former Ticketmaster executive Fred Rosen who will act as CEO. The company plans on beginning to sell tickets through Outbox in the next six to twelve months… Elsewhere, Inc.com checks in the eMusic after last years customer kerfuffle over the addition of more major label catalogues to the once indie-only music service, as well increased prices and the departure of indie stalwart labels Domino, Merge and Beggars Group… And The Fader Fort, a staple of the SXSW music festival for the last decade, has announced a new sponsor this year in Fiat. They’ll also be streaming live performances in conjunction with, err, MySpace Music?
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In Case You Missed It: Reading Recap
Interactive Grammy Show Sees Big Ratings
The 52nd annual Grammy Awards show on Sunday night reached its highest ratings since 2004, surely do in part to the show being more interactive than ever before thanks to staff and attendees use of Twitter, Facebook and other crowdsourcing features setup for fans… Terra Firma is back in the news and reportedly looking for its investors to pump additional millions into troubled EMI… In a recent LA Times Q&A with Tim Leiweke, the AEG chief executive discusses how he sees a place for AEG to compete in the concert business even with the newly approved Ticketmaster – Live Nation merger… And a new Billboard analysis looks at the potential benefits for ISP companies if they were to offer a music service to customers.
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