Business News

Marty Scott To Re-start JEM Records

August 6, 2013 | By Tom Cheney

Marty Scott, founder and former president of JEM Records, Inc. has announced his re-entry into the record business. JEM Records, LLC will be signing artists and licensing “retro” catalogue for release under the Jem Recordings logo.

Vroom Vroom Vespa Tour Documentary

January 11, 2013 | By Catherine Yi

Fast Rice Productions is releasing a new documentary called the Vroom Vroom Vespa Tour featuring Greg Attonito (The Bouncing Souls) and his wife Shanti Wintergate, Kevin Seconds (7 Seconds), and Kepi Ghoulie.

Disney Buying Lucasfilm for $4 Billion, Star Wars VII for 2015

October 30, 2012 | By Tom Cheney

The Walt Disney Company, in a move that gives it a commanding position in the realm of fantasy movies, said Tuesday it had agreed to acquire Lucasfilm Ltd. from its founder, George Lucas, for $4.05 billion in stock and cash.

Interscope Geffen A&M appoint John Janick President and COO

October 4, 2012 | By Alexa Gallo

Interscope Geffen A&M announced that John Janick has been named President and Chief Operating Officer of the company. Janick co-founded Fueled By Ramen and was also co-president of Elektra Records

Lyor Cohen to leave Warner Music at the end of September

September 24, 2012 | By Tom Cheney

Lyor Cohen, the chief executive of Warner Music Group Corp.’s recorded music division, is resigning at the end of September.

FTC Approves Sony Purchase Of EMI Publishing

June 29, 2012 | By Tom Cheney

The Federal Trade Commission has approved a Sony-led consortium’s purchase of EMI Music Publishing, without having to make any divestitures, the FTC said on Friday.

U.S. antitrust regulators gave the nod to the $2.2 billion deal in a brief letter to the companies.

Clear Channel Makes Revenue-Sharing Deal With Big Machine

June 6, 2012 | By Tom Cheney

Clear Channel said Tuesday that it has reached an innovative deal with the Big Machine Label Group that will enable the record company and its artists to share in terrestrial radio revenue.

RMLC report new licensing deal with BMI

May 15, 2012 | By idobi Staff

The Radio Music License Committee has reported that they have agreed, in principle, for a new industry wide license.

TV and radio pioneer, Dick Clark, dead at 82

April 18, 2012 | By Tom Cheney

Dick Clark, the legendary TV producer and host, died Wednesday of a heart attack. He had suffered a stroke in 2004 and had struggled with the effects ever since.

Jim Marshall, founder of Marshall amps, dies at 88

April 5, 2012 | By idobi Staff

Jim Marshall, the man behind “The” amplifier – the weapon of choice for guitarists like Jimi Hendrix, Pete Townshend of The Who, and Eric Clapton – died Thursday at the age of 88.