RadioGlue » record labels

Vivendi predicts resurgence in music industry

RadioGlue — Wed, 17 Sep 2008 16:58:05 +0000

The owner of the world’s largest music company is predicting a return to growth in the industry as new ways of making money from legal digital downloading come to fruition. [MORE]

Source: Financial Times

Radio accounts for a quarter of BMI’s bottom line

RadioGlue — Tue, 26 Aug 2008 16:01:10 +0000

BMI’s revenues topped $901 million last year and $224 million of it came from radio. Total revenues were up 7% last year, allowing the music performing rights company to distribute a record $786 million to songwriters and composers. Can radio afford to pay more? The record labels are pushing to get Congress to undo radio’s exemption from a performance-based royalty that could add from $2 to $7 billion in new fees.

Source: Inside Radio

MySpace’s DeWolfe Says New Music Joint Venture to Launch in September

RadioGlue — Wed, 23 Jul 2008 19:39:55 +0000

MySpace’s upcoming music joint venture with 3 of the 4 major labels, first announced in April, will launch in September (EMI is still a holdout, but from what we hear they may be ready to fold soon). [MORE]

Source: TechCrunch

Record labels ask judge for ruling against Lime Wire

RadioGlue — Wed, 23 Jul 2008 19:37:27 +0000

Thirteen record labels have asked a judge to issue a decision in a 2-year-old case against peer-to-peer software company Lime Wire for allegedly inducing copyright violations of music files. [MORE]