TodayInMusic: Sony Music may have no CEO in a few weeks

February 22, 2011

BeyoncePerformsSony Corp still hasn’t confirmed to insiders who will replace outgoing Sony Music CEO Rolf Schmidt Holtz, whose contract ends on March 31st. Stories (including ours) have been doing the rounds for at least 3 months now that Schmidt Holtz will be replaced by current Universal Music Group chairman Doug Morris but, perhaps unsurprisingly, that move is proving complicated.

Today In Music: Sony Music boss invests in start-up, fuels exit speculation

January 19, 2011

Doug Morris UMGSony Music Entertainment Rolf Schmidt-Holtz’s personal investment in Hamburg-based entertainment technology company TeVeo has sparked off speculation that his departure is imminent — which it almost certainly is, but not necessarily because of his investment.

Today In Music: Spotify U.S. not imminent, “not even in Q1″

January 14, 2011

daniel_ek_closeupWe hate to hit replay on this one but following New York Post’s story today that European streaming music service Spotify is close to a deal with Sony Music and thereby close to launch we decided to call a few people to confirm.

Today In Music: Labels still looking forward to Google Music, Spotify less so

January 6, 2011

So 2010 was the year that wasn’t as far as a major revolutionary digital music launches were concerned. Label executives have been hoping fervently for some real competition to take on Apple’s iTunes. Not that they don’t want iTunes to do very well but having one company control 70 percent of recorded music sales in your biggest markets like the US and UK is perhaps not best for industry growth.

Warner’s music comes to Hulu, still not on Vevo

December 22, 2009

JasonMrazWarner Music has just announced that it has signed up to offer music videos, live shows and interviews of its artists on the popular online video site Hulu.

eMusic is in talks with other majors after Sony deal

June 1, 2009

Long time independent digital music retailer eMusic has finally got its mittens on some major label music after signing a deal with Sony Music Entertainment — and the company says it is still in talks with other majors like Universal Music, Warner Music and EMI to see if it can get more.

Global music sales keep falling, pretty much everywhere

April 22, 2009

The global recorded music sales tanked in 2008, according to figures from the music trade body IFPI, which finally confirmed what we all expected. The worldwide decline was led by a sharp 31 percent drop-off in physical format sales (mainly CDs) in the US. Even though US digital sales grew 16.5 percent it couldn’t make up the shortfall, and overall US sales were down 19 percent.