April 25, 2013

YouTube Scores Win in Viacom Lawsuit

The Viacom lawsuit against YouTube came to a court decision

(from billboard.biz, April 18, 2013) Thursday marked a victory for Google’s YouTube lawsuit, which has taken six years to settle with Viacom Inc. who filed alleging copyright infringement. The case went back-and-forth in federal courts, with YouTube winning a suit in 2010 when U.S. District Judge, Lois L. Stanton, dismissed Viacom’s allegations of YouTube violating […]

April 11, 2013

Facebook Reveals New ‘Home’ For Android Phones

BlueprintofAndroidInterface-580-90

(from billboard.biz, April 4, 2013) Facebook has found a new “Home” on Android gadgets, and aims to put its social network at the center of people’s mobile experiences. On April 12, Android users will be able to download the new Facebook application, which will become the hub of their Android smartphones. This includes a phone […]

March 27, 2013

Concord Music Group to be Sold to Wood Creek Capital Management

concord

(from billboard.biz, March 25, 2013) In a deal, expected to close in a few days, Wood Creek Capital Management, a private equity firm based in New Haven Connecticut, will acquire Concord Music Group. Sources say Wood Creek is paying Concord’s parent company, Village Roadshow Entertainment Group, about $115-$125 million for the purchase. This deal will […]

March 7, 2013

Turn Facebook Friends into a Radio Station for iOS, Android

EQuala provides a new music streaming experience

                    (from billboard.biz, March 1, 2013) Representatives at Evolver.fm know too well that the simple act of choosing what to use for music each day has become as daunting as it is enjoyable. By tracking crowded digital music ecosystems, Evolver.fm has found success in ListnPlay’s EQuala (iOS […]

February 21, 2013

Warner Music Working With Impala, Merlin to Sell Parlophone Assets to Indies

Warner Music Group Logo

(from billboard.biz, February 19, 2013) In hopes of accelerating the purchase of Parlophone Label Group past European regulators and unifying major labels with the independent sector, Warner Music Group has announced the sale of some assets to independent labels. The assets available for purchase by the independent sector include Parlophone assets-or their equivalent in WMG-owned […]

November 29, 2012

Business Matters: The Beats Era Begins at Mog — Can Lovine and Company Recreate Their Headphone Success?

Beats bought music streaming website, MOG in July

(from Billboard.biz, November 21, 2012) This past July, Beats agreed to purchase MOG, a paid subscription online music service, for less than $10 million. The purchase went for a fraction of MOG’s $3 billion valuation received by its competitor Spotify in its current attempt to raise additional financing. Six months after Beats Electronics acquired MOG, […]

October 11, 2012

‘American Idol’ Creator Simon Fuller to Bid on EMI Assets

Simon Fuller

(from Billboard.biz, October 8, 2012) Simon Fuller, creator of the American Idol franchise and previous manager to the Spice Girls, has admitted interest in submitting a bid for all the EMI businesses Universal Music Group (UMG) must sell. UMG won regulatory approval of its $1.9 billion EMI Record Music acquisition by assuring European Union (EU) […]