Net News search results for: rtridst
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September 20, 2007
Bronfman Open To DRM-free Music
WARNER MUSIC GROUP CEO EDGAR BRONFMAN on TUESDAY raised the possibility of selling digital music without copy protection, in what appeared to be a softening of his previous outright opposition, reports REUTERS. BRONFMAN told an investor conference that … more »
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September 5, 2007
UMG To Shut Sanctuary Records In The U.K.
The U.K. recorded music division of SANCTUARY MUSIC GROUP will close, its new owner UNIVERSAL MUSIC said on WEDNESDAY, as it looks to develop the British firm's merchandising, catalogue and management businesses instead, reports REUTERS. UNIVERSAL, which … more »
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February 6, 2007
Moonves: Bigger Indecency Fines 'Unfair'
While CBS CORP. CEO LES MOONVES was telling a conference in NEW YORK that the tenfold increase in the maximum indecency fines is "unfair" and making broadcasters "more afraid of what they put on air," FCC Commissioner MICHAEL COPPS … more »
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October 27, 2006
Analysts Debate Whether Trading In CC Options Was 'Unusual' Before LBO Story Aired
An options-trading website is charging that options trading in CLEAR CHANNEL COMMUNICATIONS appeared to show an unusual run-up in volume in the few days before CNBC's TUESDAY report that the company was considering an LBO to go private. REUTERS reports … more »
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September 28, 2006
Judge Rules Against StreamCast In Copyright-Infringement Case
A federal judge has ruled that the MORPHEUS P2P file-sharing software allows for the unlawful distribution of copyrighted music, movies and other works, reports REUTERS. In a case dated back to 2001, U.S. District Judge STEPHEN WILSON ruled yesterday … more »
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September 14, 2006
Report: UMG's Doug Morris Says YouTube And MySpace Owe Company "Tens Of Millions Of Dollars"
During a MERRILL LYNCH investors' conference speech on TUESDAY (9/12), UNIVERSAL MUSIC GROUP CEO DOUG MORRIS accused YOUTUBE and MYSPACE of being "copyright infringers," reports REUTERS. The new service obtained a transcript of the speech … more »
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August 31, 2006
Disagreement Over Digital Sales Data Causes IFPI To Delay Global Market Share Numbers
The music industry has delayed publishing its global market share numbers because of disagreements over the methodology for counting digital sales, reports REUTERS. The INTERNATIONAL FEDERATION OF THE PHONOGRAPHIC INDUSTRY (IFPI) released its annual … more »
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August 3, 2006
Napster Sees Net Loss Narrow, But Subs Down 7%
For its first fiscal quater of '06, NAPSTER reported a net loss of $9.8 million compared with a year-earlier loss of $19.9 million. Revenue rose to $28.1 million from $21 million as the company struggles to find a working business model in the wake of … more »
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July 21, 2006
Universal Bids Nearly $2 Billion For Bertelsmann Music Publishing
According to REUTERS, VIVENDI's UNIVERSAL MUSIC has made a bid of close to $2 billion in the auction of BERTELSMANN AG's MUSIC PUBLISHING arm. WARNER MUSIC and BC PARTNERS are also in the running with bids coming in between $1.5 million and $2 million, … more »
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July 12, 2006
CBS Radio Cuts Back Workforce
ALL ACCESS has learned that CBS RADIO has cut a reported 115 employees from its payroll. A memo from JOEL HOLLANDER tells employees "as you may have heard, this afternoon we gave notice to a number of our colleagues at CBS RADIO. This step is part … more »





