Highlights
A collection of news and information related to Warner Music Group Corporation published by this site and its partners.
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Warner Music shares soar on speculation that sale is imminent
Company TownWarner Music Group's shares spiked more than 5% Thursday as rumors of an imminent sale of the New York music company to oil baron Len Blavatnik reached fever pitch.... -
Warner Music Group sold for $3.3 billion to Access Industries' Len Blavatnik
Company TownAccess Industries, a holding company founded by oil baron Len Blavatnik, won the auction to buy Warner Music Group Corp. for $3.3 billion in cash, the companies announced Friday morning.... -
Album sales fell 9.5 percent in '07, digital track sales soared
LOS ANGELES (AP) -- U.S. album sales plunged 9.5 percent last year from 2006, continuing a downward trend for the recording industry, despite a 45 percent surge in the sale of digital tracks, according to figures released Thursday. A total of 500.5...Tags: Apple Inc., Music Industry, Video Supplies and Services, Alicia Keys, The Walt Disney Co.
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They're doing it Frank Sinatra's way
Los Angeles Times Staff WriterAnew era is beginning in the career of Frank Sinatra even if the Chairman of the Board isn't here to participate. The iconic singer died May 14, 1998, and the 10th anniversary is being marked with a flurry of activity, including a new U.S. postage...Tags: Advertising, James Dean, Music Industry, Lotteries, Restaurants
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MySpace music venture to take on iTunes
Los Angeles Times Staff WritersNews Corp.'s MySpace, the largest online social networking site, will unveil as early as today a joint venture with the world's top three music labels, according to several people familiar with the matter. The service, to be dubbed MySpace Music, will be...Tags: Diana Krall, Tickets, Apple Inc., Music Industry, Video Supplies and Services
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The week ahead
Chicago TribuneMonday: -- Earnings: Donaldson Co.; SkillSoft PLC Tuesday: -- November consumer confidence -- September Case-Shiller home price index -- Earnings: American Eagle Outfitters Inc.; Analog Devices Inc.; Casual Male Retail Group Inc.; Dress Barn Inc.;...Tags: Brocade Communications Systems Incorporated, Men's Wearhouse Inc., Big Lots Incorporated, Consumer Confidence, Talbots Incorporated
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Woman Fined $1.92 Million For Music Downloads
Associated PressMINNEAPOLIS -- A replay of the nation's only file-sharing case to go to trial has ended with the same result - a Minnesota woman was found to have violated music copyrights and must pay huge damages to the recording industry. A federal jury ruled...Tags: Music Industry, Minnesota, MySpace, Computers and Software, Entertainment
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At Warner Music, cuts go deep
Los Angeles Times Staff WritersThe folks at Warner Music Group Corp. are doing more than cutting records these days. They're also cutting jobs. In the year since Warner Music Chief Executive Edgar Bronfman Jr. and his fellow investors bought the once-venerated company, they have...Tags: Music Industry, Prince (music artist), Government, Kid Rock, Led Zeppelin (music group)
May 6, 2011
|Story| Los Angeles Times
May 5, 2011
| Los Angeles Times
May 6, 2011
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Jan 3, 2008
|Story| Los Angeles Times
May 11, 2008
|Story| Los Angeles Times
Apr 3, 2008
|Story| Los Angeles Times
Nov 25, 2007
|Story| Chicago Tribune
Jun 19, 2009
|Story| KTLA-LTV
Mar 12, 2005
|Story| Los Angeles Times
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