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Music News

Music news continually updated from thousands of sources around the net.

7 hrs ago | The Post Chronicle

Green, Black To Re-Do 'Kung Fu Fighting'

“A fan of the song first, it was inspiring and an honor to have the opportunity to reintroduce the record to a brand new audience sprinkled with a little of me on top”

Green, Black To Re-Do 'Kung Fu Fighting' by Staff Gnarls Barkley frontman CeeLo Green and Hollywood actor Jack Black are recording a new version of the song "Kung Fu Fighting," Interscope Records said Monday. via The Post Chronicle

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Sunday | Green plastic radiohead

Radiohead named in the 2008 Time 100

Radiohead has been named as one of the most influential people in Time magazine's annual Top 100 list. via Green plastic radiohead

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Related Topix: Media, Steve Jobs, Pop/Rock, Radiohead

Friday May 9 | PC World

Warner: Digital Sales Climb, but Losses Continue

Warner Music Group this week confirmed rising digital sales, though still returned a loss for the quarter. via PC World

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Related Topix: Media

Thursday May 8 | WTOK-TV Meridian

Peavey Recognized for Innovations

“Early in my career as a manufacturer, I discovered that in order to be better, by definition I had to be different”

Hartley Peavey of Meridian, founder of Peavey Electronics will be among the first inductees to the Mississippi Technology Alliance's Innovators Hall of Fame. via WTOK-TV Meridian

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Related Topix: Meridian, MS

Thursday May 8 | The Associated Press | Posted by The Associated Press

Warner Music Group 2Q loss widens on increased expenses

Warner Music Group, whose artists include R.E.M., Green Day, Red Hot Chili Peppers, says higher costs and a shift to digital music led to a wider second-quarter loss, and that it would suspend its dividend in order to build cash reserves and lower debt.

New York-based Warner Music Group Inc. lost $37 million, or 25 cents per share, compared with a smaller year-ago loss of $27 million, or 19 cents. Losses from continuing operations total 23 cents per share in the latest period.

Sales gained 2 percent to $800 million from $784 million. Read more

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Related Topix: Media, IT Services, Business News

Thursday May 8 | The Associated Press | Posted by The Associated Press

Warner Music Group 2Q loss widens on increased expenses

Warner Music Group, whose artists include R.E.M., Green Day, Red Hot Chili Peppers, says higher costs and a shift to digital music led to a wider second-quarter loss, and that it would suspend its dividend in order to build cash reserves and lower debt.

New York-based Warner Music Group Inc. lost $37 million, or 25 cents per share, compared with a smaller year-ago loss of $27 million, or 19 cents. Losses from continuing operations total 23 cents per share in the latest period.

Sales gained 2 percent to $800 million from $784 million. Read more

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Related Topix: Media, IT Services, Business News

Wednesday May 7 | Harmony Central

Fender Announces Fender University For Guitar Enthusiasts Worldwide

“We are delighted to be able to open our doors to a few eager students who will be offered the rare ability to graduate to the highest levels of the spirit of rock 'n' roll.”

Fender Musical Instruments Corporation is launching Fender University, an exclusive new music education program for guitar enthusiasts worldwide, it was announced today. via Harmony Central

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Related Topix: Corona, CA

Tuesday May 6 | Wired News

QTrax Inks Deal with Universal for Legal P2P Music

Remember Qtrax, the file sharing system whose confusing launch announcement caused us to issue a correction and the LA Times to stop its presses in January? After signing a publishing deal with EMI and Sony/ATV ... via Wired News

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Tuesday May 6 | HipHopDx

Warner Music Group Announces Variable Pricing Program

“They're talking about moving to some other things besides CDs also”

In an effort to slow down massive financial losses, Warner Music Group will be one of the first of the four major record labels to test variable pricing. via HipHopDx

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Related Topix: Media

Monday May 5 | FMQB

UMG Closes Deal For Univision

“Jesus has presided over a period of remarkable growth for Universal Music Latin America”

Universal Music Group has officially completed its acquisition of Univision Music Group following the recent clearance of the deal by the Federal Trade Commission . via FMQB

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Related Topix: Media

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