Tag Archives: music business

EMI extends distro deal with Warners

EMI Music has hitched-up with competing major label the Warner Music Group to expand their existing partnership for music marketing and distribution in India, the Middle East and begun joint ops in Turkey.

The multi-year license agreement sees EMI Music continue to serve as the local physical distributor of Warner’s repertoire in India and the Middle East, which the label has been handling since 2005.

Continue reading

EMI plans US distribution sell-off, report

Distributors of physical music are suffering in the current climate, with news yesterday that Pinnacle has gone into administration followed by new revelations that major label EMI is looking to exit physical distribution of its products altogether.

Seems the major is speaking with other major labels in the US with a view to letting go of its warehouses and distribution network there for a sum of up to $30 million. Instead of handling physical product in an ailing market, EMI will have its music ferried about the United States by a competitor.

Continue reading

Music consumption climbs, industry needs change

Topspin Media’s Ian Rogers offered the keynote speech at the recent Grammy Northwest Music Tech Summit, using the moment to declare the death of old music and the birth of a new age of connection between artist and fan. “The physics of the media space have changed and you shouldn’t expect the winners or even the definition of winning to stay constant,” he said, as noted by Hypebot.

Continue reading

We7 launches free music-on-demand service

We7 today officially launched its ads-supported music service, offering UK music lovers the chance to listen to whatever music they choose for free, and offering a chance to buy their favourite music.

The service’s extensive catalogue includes music from a three million strong catalogue of artists including Kings of Leon, Pink, Nickelback, and Estelle.

We7 is adding up to 30,000 tracks a day to its collection of over 3 million licensed tracks, including many new releases as they become available.
 
Continue reading

EMI hires online talent to run catalogue

EMI Music has appointed one of the first wave of internet industry plus music visionaries, PeopleSound.com founder Ernesto Schmitt as president of its catalogue business, reporting to Elio Leoni-Sceti, EMI Music’s chief executive.  He will join EMI next month.
 
Schmitt, 38, joins EMI from DSG International, Europe’s second largest consumer electronics retailer which operates the Dixons, Currys and PC World stores.

Continue reading

Warner Music changes its business model?

A report claims Warner Music has a new plan for its business – and it’s quite a practical viewpoint the company is reportedly adopting – it’s moving to become an international music marketing company.

To quote the Bangkok Post: “After struggling for several years, Warner Music Thailand has introduced a new business model to cope with the plummeting sales of its physical products, but the company describes the model as only the first step in finding a definitive response to its business challenges.

Continue reading