EMI Enlarges Sync & Licensing Division
EMI has enlarged its Sync & Licensing Division through merging the staff EMI Publishing’s music sales team and EMI Music’s sync staff . The move is part of a global rights management strategy that aims to create greater cooperation between EMI Records and EMI Publishing. The new division in EMI will be given the task of … Read more
Sales Figures For UK Singles In 2011
A total of 164 million singles have been sold in the UK this year alone, with two trading weeks still left. The continuing increase in sales is part of a year on year trend which started back in 2004, with a mere 32 million singles being sold in the UK market. Since then, according to the … Read more
X Factor Admits Defeat In Battle For Christmas No.1
The man behind The X Factor, Simon Cowell, has admitted defeat in the battle for the coveted prize of Christmas No.1. The X Factor Christmas single has been ousted by The Military Wives Choir rendition of ‘Wherever You Are’, which has sold a staggering 242,000 copies in just two days, making it the fastest selling UK … Read more
HMV Announce Further Losses
HMV have announced half-year losses of £36.4 million. The retailer announced that total sales down 17.6%, falling from £442.7 million in 2010, to £364.9 million in the first half of this year. It is now suspected that HMV may consider selling it’s profitable live division, HMV Live, after it was placed under strategic review following … Read more
Independent Label Market Returns To London
The Independent Label Market is set to return to Spitalfields in London, on December 10. The market has been set up in aid of the UK independent record labels, who suffered from a massive amount of stock damage, in the devastating fire at the Sony DADC Warehouse, during the London riots earlier this year. Anyone … Read more
Google Music Launches
Yesterday in Los Angeles, Google launched their new digital music store, Google Music, with more than a thousand content partners including: Universal Music; EMI; Sony Music; Merlin; INgrooves; Beggars; and Warp. The one notable absence from the list of content providers was Warner Music, who Google hope to partner with soon. However, there is one slight … Read more
Black Sabbath Reform
Black Sabbath have announced that they will reform and perform a series of tour dates next year. The heavy metal legends are set to headline the Download Festival next year. In addition to this, Sabbath also revealed that they have written about seven or eight new songs, which they plan to release as an … Read more
David Bowie To Leave EMI
David Bowie is set to leave EMI according to an article published in the Financial Times. The article states that Bowie is set to end his 15 year relationship with the major label, and both Universal and Sony are interested in signing The Thin White Duke. Bowie originally signed with EMI back in 1997, … Read more
The New Economics Of The Music Industry
Contributing Editor for Rolling Stone, Steve Knopper, has written an article for the music magazine’s website on the current economics within the music industry. The article focuses on how the artist’s royalty income has been affected from online music stores, streaming services , as well as online subscription services, and online radio. In addition to this, Knopper has also … Read more
Belgian Record Label Introduces Successful New Business Model
A record label called SonicAngel, has scored a string of No.1 hits in it’s home country of Belgium, with thanks to a new business model. SonicAngel is a fan-funded record label that uses a unique mix to spot the finest talents. Not only does the record label use A&R routes like talent scouts at local … Read more
