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Posts Tagged “the biz”

Overly excitable music-business types are looking at Apple's recent deal with HBO, where top-tier shows like The Sopranos are priced at $2.99 per episode on the iTunes Store (as opposed to The Wire's $1.99-a-pop price), as a sign that the company may someday embrace variable pricing, which would allow the music business to revitalize itself by charging the $2.99-a-song price that "4 Minutes" and "Touch My Body" so rightfully command. Thankfully, Anthony Bruno at Billboard splashes a bit of water on this notion by pointing out that the shows that HBO has placed on iTunes last quite a bit longer than three minutes and thirty seconds—which, one would think, might attract just a bit more money—and that most of the variants in price can be explained away by the shows' relative lengths. Prediction: Some poor major-label act is going to be corralled into releasing a 10-minute debut single for the purposes of "testing the $2.99-a-song waters" within the next six months. [Billboard]

"New York-based Warner Music Group Inc. lost $37 million, or 25 cents per share, compared with a smaller year-ago loss of $27 million, or 19 cents. Losses from continuing operations total 23 cents per share in the latest period." The company is also suspending its dividend payments in order to have more cash on hand. Which can only mean one thing: It's time to give Lyor and Edgar raises again! [AP]

hand over the rights to the blonde vinyl catalog and no one gets hurt

Is "Out Of Print" Nearly A Thing Of The Past? Probably Not.

Self-publishing outfits have been around for awhile now, giving deluded artists the opportunity to flood the marketplace with the products of their genius one on-demand copy at a time. However, Amazon is using the print-on-demand CD publishing service CreateSpace to get music back in print that you probably didn't realize you wanted in the first place—unless you're looking for six specific titles. More »

business plans

Other Music Continuing To School Everyone, Whether They Like It Or Not

The folks at New York's Other Music are held up as an example for other businesses looking to enter the online world in a big profile in BusinessWeek that focuses on the shop's digital-download store, which launched last year and now accounts for about a quarter of its overall sales. Sellouts! Ha ha, just kidding. In a terrific synergy of listicling and turning an article into a photo gallery for maximum clicks, the editors at BusinessWeek have compiled a list of eight lessons one could learn from Other Music's success, all illustrated with "arty" shots of the store's shelves and signage. But! "Go online so that people intimidated by the clientele and/or employees of your store feel more at ease spending their money" was somehow not on the list, perhaps because they couldn't find an appropriately surly counter-guy photo to illustrate said lesson. [Business Week]

the biz

Hey, Atreyu Fans! Best Of Luck Getting Screwed By Their New Release!

I've got a super idea! Instead of limited edition vinyl and other little gimmicks to try to save record stores, would it be possible for record labels to stop trying dodgy fanbase-milking crap like the "2.0" re-release of Atreyu's most recent album Lead Sails Paper Anchor. Pretty please? More »

somewhere, kelly clarkson is smiling

Clive Davis Will Have His Revenge Yet Again!

The news that Clive Davis is being reassigned to a different, less important post at Sony BMG was a little surprising; after all, his latest prize signing, Leona Lewis, debuted at No. 1 on this week's album charts, despite her Muzak presence ruining my trip to a bookstore recently. His loss of power is another sign that the era of the mega-act is being read its corporate last rites. More »

web 2.no

Major Labels Launch Yet Another Anti-YouTube Offensive

The music-video site PluggedIn launched today with about 10,000 videos from Universal Music Group, Sony BMG, and EMI. Branded with the tagline "Filter the noise. Hear the music," PluggedIn is being seen by the major labels as an opportunity to once again dictate how their content should be experienced and used by the masses, bringing things back to the way they were before those pesky indie labels and YouTube remixers ruined their expense accounts and fat-cat lifestyles. Its picture quality is really quite nice, but it doesn't allow embedding of its videos, and as mentioned, it only has about 10,000 clips in its label-generated database right now—although it's licensed the All Music Guide's content in an effort to make its content well look a lot deeper than it actually is. And not only that, it kicks those pesky people who have opinions about music that may be different than yours—and the ability to spell—to the curb, too! More »

more lousy radio news

Does The Bonneville Radio Chain Hate Urban Music?

I spent a few days in Los Angeles last week and spent most of the time tuned into V100, the latest version of what used to be "The Beat," which for the last year has specialized in the Urban Adult Contemporary format. Frankly, any station that features Shalamar prominently in its playlist is likely to have my ear, but V100 pulled off a difficult genre well, mixing newer tracks by Raheem DeVaughan and Keyshia Cole with familiar tracks from The Deele and Maze. It seems I caught the station a little too late—V100's parent company, Radio One, sold the station to the Latter-Day Saint Church-owned Bonneville International Corporation, whose focus on "values-oriented programming" seems to exclude anything in the urban format. More »

the prophetic words of krs-one on 'radio song' still ring true today

Radio Execs Will Beg If They Have To

Obviously, if you own a chain of radio stations, corporate board meetings have to be a real delight these days. Ratings are down, the satellite radio merger makes them a vastly more viable player in the industry, advertisers are fleeing left and right, the majority of your programming sucks...there's very little happy news going around. But then again, maybe you're just understood. Things aren't as bad as they seem, right? What's the only solution? EXECUTIVE ROAD TRIP! More »

joint ventures

Sony BMG's Future May Be As Uncertain As Music Business' Future

Even though a Sony BMG representative hinted that the company may reissue its back catalog on vinyl over the weekend, the fate of the company itself seems unclear. Billboard reports that Bertlesmann CFO Thomas Rabe and CEO Hartmuth Ostrowski were heard murmuring about whether or not they'd continue in their joint venture with Sony once the deal is up next year: More »

the new model

Jack White To Industry: Oh Yeah? Well, Watch This

A late-breaking item, just hitting my inbox: according to Press Here, the Raconteurs' publicity firm, the indie supergroup featuring singer-songwriter Brendan Benson and White Stripes singer-guitarist Jack White, are one-upping, um, everyone else—not only will Consolers of the Lonely, the band's second album, be available digitally in a week, it will be in stores then. The press release after the jump. More »

the biz

Clear Channel Will Stop You From Enjoying Radio In Any Form

While it's interesting than anyone would care what Clear Channel thinks of the prospective XM/Sirius satellite radio merger, Mel Karmazin and his posse have weighed in with the FCC with their take on the whole matter. As experts on radio monopolies, it makes sense to consult Clear Channel, a company deeply concerned that any satellite radio consolidation might harm "preservation of a viable, locally-oriented, free, over-the-air radio broadcast system" full of morning zoos, a KISS-FM in every market, and the most limited playlists imaginable. More »

rearranging the deckchairs on the titanic: sxsw edition

Adventures In Imagination: The $5 Download Fee

South by Southwest—or any occasion when industry types and hanger-ons get together—can be the source of a number of bad ideas, but the most buzzed idea to circulate post-Austin this year seems to be the flat fee to download whatever music you please legally. Like most completely implausible concepts, this one has its ups and downs, but no one actually believes this is ever going to happen, right? Well, Washington Post blogger Kim Hart actually sees some future in the idea. More »

giant conglomerate in aiming for profit shocker

Starbucks Screwing Up Just Like A Real Record Store

Although Starbucks has made itself one of the most powerful music retailers in the country—one in which "prestige" albums can be sold at full retail price, refueling the dreams of every record executive in Burbank and Manhattan—they have largely flown under the music media radar. The Hear Music label has received most of the attention by grabbing high profile artists like Paul McCartney, but the nuts and bolts of what gets into the racks next to the cinnamon swirl coffee cake has been more of a mystery. The New York Times, providing a service possibly no one asked for but me, looked into the balance between moving units and retaining credibility. The shift for Starbucks has been from a coffee retailer with a few discs that could still seem hand-selected, to twenty discs that seem more like the new release rack at Borders. Let's face it: no one's going to believe claims of quality control screening when the second James Blunt disc is a featured selection. More »

thank you, doug morris! but your profits are in another castle

The Future Of The CD: Mario-Assisted Marketing?

Do you still buy CDs? Do you also spend dozens of pale, friendless hours a week attempting to find warp zones and stomp mushrooms wearing Charlie Chaplin shoes? Have you ever thought there might be a correlation between the two? No? Well there might be, according to entertainment industry analysts who think the record-selling biz needs to take advantage of the ever-expanding audience still willing to pay for video games. More »

the biz

Music Industry's Spitzer Schadenfreude

Sure, the Governor of New York getting busted for dallying with hookers was bad news for nearly everyone involved, primarily Mr. Spitzer. But if you're a music biz executive, the good news days are few and far between, so one man's disaster turned out to be a upbeat day for the major label guys. Sure, the Governor was largely appreciated for his tough stance on corporate malfeasance, but when you were on the "who can really say what 'corruption' is, anyway?" side, he was a bit of a jerk. So, when the hooker thing came to light, well...
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Trans World, the owner of last-music-chain-standing FYE, has announced its fourth-quarter results for 2007, and they aren't pretty: "For the fourth quarter, total sales decreased 23% to $451.5 million compared to $586.7 million in 2006. Comparable store sales for the quarter decreased 12%. .... For fiscal year 2007, total sales decreased 14% to $1.266 billion compared to $1.471 billion in 2006. Comparable store sales for fiscal year 2007 decreased 8%." Sure, both the fourth quarter of 2007 and the year as a whole had one less week than their counterparts, but that doesn't really make up all of that shortfall. [Official release via Coolfer]

the biz

Perez Hilton Fiddles While We All Burn

Perez Hilton will one day be a nice shorthand for something fundamental about these heady years before the economy finally crashes and burns. For now, however, dude is just really annoying.

It is rumored that Amy Winehouse's debut on the Billboard Top 10 album charts couldn't have happened without his help — he dedicated more than 30 posts to her talents in the months leading up to her CD's release.

So OK, this is like Idolator taking credit for American Idol's ratings, not to mention the fact that Back To Black sold all of 50,000 units in its first week. But since Perez is the media equivalent of the caricature that makes you realize you have a big nose, this proclamation also points out a flaw in the biz itself.

More »