WMG has reported their second quarter revenue and the news isn't good as they lost more than expected.
Warner Music Group Corp. (NYSE:WMG - News) posted a wider quarterly loss on Tuesday, hurt by soft music sales, and said it would cut about 400 jobs as it shifts resources to boost digital distribution of music and video. ...
The world's fourth-largest music company reported a fiscal second-quarter net loss of $27 million, or 19 cents a share, compared with a loss of $7 million, or 5 cents a share, a year earlier.
From Billboard:
Warner Music Group is planning a restructuring that will include company-wide layoffs totaling 400 staffers and place further emphasis on digital strategy and distribution, sources say.
paidContent.org reports:
The company plans to simultaneously invest in new initiatives, including more hires for its digital operations. On Monday, WMG said it was creating a new production division designed to develop and produce original programming for network, cable, DVD, broadband and mobile platforms.
According to the Bad Boy Publishing MySpace, Bad Boy writers will be honored at the SESAC New York Music Awards on May 10. But, I can't seem to find a specific list of winners. This is from the link above:
Among the songs from 2006 being awarded are chart toppers by Justin Timberlake, Mary J Blige, Beyonce, Nelly Furtado, Pussycat Dolls, Diddy, Danity Kane, Keyshia Cole, Chris Brown and Bow Wow to name a few.
Here is the latest Hot 100 chart as far as Bad Boy is concerned:
13. "Last Night" by Diddy (same as last week).
As I was reading this Diddy blog entry where he mentions that Snocap (basically, a service that allows labels to sell music online (including through MySpace by embedding their shop/player thingy)) is up on his MySpace, Biggie's and Danity Kane's. In them, you can buy tracks from "Press Play", "Greatest Hits" and "Danity Kane". And that's great and all.
But, what they should really do is to sell the tracks that they put on their MySpace profile. For instance, on Diddy's, sell the "Last Night" remixes. On Danity Kane's, sell that dance remix they have up. That would be a nice MySpace tie in and would generate more sales. Get it up as soon as they launch the song on MySpace. That way, you also get the people who want the latest - and you get the impulse buys. People listen to a song and... they can't buy it anywhere. So, they wait and wait and... they get tired of it (I don't, I'm that big a fan, but you know what I mean - Bad Boy is trying to capture new people as much as engage current fans).
I'd like to see that. I am thinking there may be some legal reason why it can't happen (I am going to ask and I'll report back with the answer if I get one).
Here are Bad Boy's latest SoundScan numbers with Billboard 200 positions:
96. "Press Play" by Diddy (down from 85), 7,300 (624,900 overall).
126. "Greatest Hits" by The Notorious B.I.G. (down from 99), 6,100 (212,400).
171. "Ridin High" by 8 Ball & MJG (down from 139), 4,600 (118,300).
NR. "New Joc City" by Yung Joc, 1,700 (922,700).
NR. "Danity Kane" by Danity Kane, 700 (905,300).
We already knew Bad Boy was interested in him, according to him, but he mentioned it again in a recent AllHipHop.com interview.
AllHipHop.com: Speaking of, have Diddy and Nas contacted you?
Royce da 5’9”: I talked with Diddy while I was [writing for his Play album]. He likes me as an artist, and expressed that when I’m ready. he is interested in listening, but I wasn’t ready at the time. And Nas has made public comments about me, but he hasn’t contacted me personally.
AHH: Do you want another major label record deal?
Royce da 5’9”: I’m going to get one. That’s the plan with this album. We are going to finish it, shop it and find the right place for me.
Honestly, I wouldn't mind seeing it. I'd be interested to see what he could come up with with a Diddy and Bad Boy influenced album.
8 Ball & MJG, Yung Joc and Boyz N Da Hood will be performing tonight in Miami at Springfest starting at 7:45 PM.
Via Bad Boy.
Here are the single covers for "Coffee Shop" by Yung Joc (not 100% sure, but it appears to be) and "Hydrolics" by B5 (you can listen to both tracks in our audio player).
Diddy will be performing at Summer Jam with Keyshia Cole and Elephant Man.
Pages:
«Prev
|| ...
82 ·
83 ·
84 ·
85 ·
86 ·
87 ·
88 ·
89 ·
90 ... ||
Next»
|
