Net News search results for: businessweek.com
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June 12, 2012
PWC Finds 3.1% Growth For The U.S. Media And Entertainment Industry
A new study from PRICEWATERHOUSECOOPERS finds the media and entertainment industry in the U.S. grew 3.1% last year, the second straight increase, with online advertising leading the way. BUSINESSWEEK reports, "the gain was smaller than the 3.5% that … more »
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June 8, 2012
A Formal Complaint In Europe Is Filed Over UMG/EMI Deal
A formal antitrust complaint will be lodged by EUROPEAN regulators regarding UNIVERSAL MUSIC GROUP's bid for EMI GROUP's recorded-music business. BUSINESSWEEK reports "THE EUROPEAN COMMISSION is preparing to send a so-called statement of objections … more »
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June 6, 2012
Irving Azoff Sees CCM+E/Big Machine Deal As A 'Template' For The Industry
YESTERDAY's announcement of CCM+E's agreement with BIG MACHINE LABEL GROUP that changes how radio pays a label and its artists for music (NET NEWS, 6/5) is already creating reactions around the industry. BLOOMBERG reports, "The revenue-sharing … more »
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May 18, 2012
After Chaotic Day, Facebook's IPO Stock Price Ends Where It Started
After all the Sturm und Drang that emanated from FACEBOOK's IPO debut on WALL STREET, its stock price ended the day pretty much where it began: at $38.23 a share, just 23 cents higher than the initial asking price, CNN reports. What was noteworthy was … more »
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April 26, 2012
Report: Spotify Set To Launch 'Pandora-Like' Service
SPOTIFY is reportedly "developing a U.S. Internet radio service that would directly challenge PANDORA, two people with knowledge of the situation told BUSINESSWEEK.COM. The current SPOTIFY business model allows users to create playlists from … more »
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April 25, 2012
Sony Launching Music Cloud For Japan
SONY will introduce MUSIC UNLIMITED, a cloud-based catalog of its 15 million songs, in JAPAN by the end of the year after rolling it out in 16 other countries first, BUSINESS WEEK reports. The company hopes flat fees, unlimited listens and accessibility … more »
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March 28, 2012
California AG Looking At UMG/EMI Deal
As various agencies look at the affect of UNIVERSAL MUSIC GROUP's purchase of EMI MUSIC, another government is stepping into the inquiry, reports BUSINESSWEEK, which writes "CALIFORNIA Attorney General KAMALA HARRIS is probing the planned purchase … more »
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March 28, 2012
Sony Offers EU Concessions In EMI Publishing Purchase
While much of the focus of the sale of EMI has been on the music side of the deal, with UMG buying EMI MUSIC, BUSINESSWEEK looks at the publishing side of the deal, and reports "A group of investors led by SONY has offered concessions to the … more »
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March 20, 2012
Luck Of The Apple: Over 3 Million 'New iPads' Sold During Opening Weekend
So how was your ST. PATRICK'S DAY weekend? Suffice it to say, no matter what you or any other business in the world did, odds are it wasn't anywhere near as good as APPLE's ST. PATTY's weekend, as it announced the sale of more than three million … more »
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December 23, 2011
FCC Proposes More Deregulation ... But Not For Radio
The FEDERAL COMMUNICATIONS COMMISSION has agreed to loosen its consolidation rules -- but not for radio. BUSINESS WEEK reports that the COMMISSION has proposed easing limits on one owner holding a television station and newspaper in a top-20 U.S. market … more »