Major Label Up for Sale – Sony or Universal Looking for a Buyer

Reports have surfaced that Universal or Sony are looking for a buyer. At the moment it hasnt been confirmed which major label is on the chopping block, but sources are saying that its 100% not…

Jessie J in Debt: Major Label Acts Just Arent Making Big Bucks

It seems like it really doesn’t pay to become a major label artist these days. Jessie J is a leading artists here in the UK and known worldwide. However, her finances arent in order! Documents…

Warner Music Group Looking for a Buyer

Warner Music Group are preparing for a sale. It has been reported that Warner has hired Goldman Sachs to seek out buyers.

EMI Think Apple Has Too Much Control in the Music Industry

UK major label EMI this week railed against Apple’s iTunes in the body of its latest annual financial statement. EMI are unanimous in their praise for Apple’s achievements in online music sales, but resent the huge slice of the music sales market the company has carved out.

EMI Restructuring Coming in a Few Weeks: Expect More Layoffs

There are a lot of reports floating around that EMI is two weeks away from announcing some huge changes! The key change wil be a drastic reorganisation which would lead to loads more layoffs.

Warner Music Financials and Views on iTunes

Warner Music Group have announced their numbers for the first quarter of 2010. Warner Music Group cut its loss to $25 million compared to $68 million a year ago. Recorded music sales were down 5.5%…

Paul McCartney Dumps EMI for Indie Label

It has been reported that Sir Paul McCartney has dumped EMI in favour of independent record label Concord Music Group. EMI had previously handled almost his 2 dozen albums of McCartney solo and fronting Wings…

EMI In Trouble! Asks For Even More Money To Stay Afloat

Guy Hands’s Terra Firm may have to ask clients for triple the amount to keep EMI afloat until 2015. Terra Firma plans to raise 360 million pounds ($551 million) by the middle of June, which…