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Streaming music rakes in revenue, not hurting digital downloads

Streaming music rakes in revenue, not hurting digital downloads
  • Posted August 10, 2012, 5:00 PM by Rick Burgess | Filed in Industry News, The Web
  • Warner Music Group, a major player in the music industry who's labels include the likes of Atlantic, Elektra, Warner Bros., Reprise and East West, has released their fiscal third quarter results. The results? For the first time ever, online music streaming…

Weekend tech reading: Google Music to launch sans Sony, Warner

Weekend tech reading: Google Music to launch sans Sony, Warner
  • Posted November 13, 2011, 1:53 PM by Matthew DeCarlo | Filed in NATW
  • Google sent invitations today for a press event, to be held in Los Angeles, where the company is expected to add downloads to its cloud music service, as well as unveil social-networking features. CNET has learned that Google has signed a licensing agreement for the new service...

Citigroup sells EMI Music for $4.1 billion

Citigroup sells EMI Music for $4.1 billion
  • Posted November 11, 2011, 1:30 PM by Shawn Knight | Filed in Industry News
  • British music company EMI has reportedly been split up and sold to two separate groups for a sum of $4.1 billion. A Sony-led group will acquire the publishing operation for $2.2 billion while Universal Music Group will obtain EMI’s recorded-music…

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