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Vivendi Universal Revenues Positive


Paris – Note to readers: Vivendi Universal provided preliminary, unaudited revenue information on a French GAAP basis for the third quarter and the first nine months of 2004 to ‘Balo’ a French official bulletin for publication in accordance with French regulatory requirements. On a comparable basis(1, the revenues for the third quarter 2004 were up 6%, and 7% at constant currency. On a comparable basis(1, the revenues for the first nine months of 2004 were up 5%, and 7% at constant currency. Vivendi Universal’s consolidated revenues for the third quarter of 2004 amounted to EUR 4,703 million. On a comparable… Read more »

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Sony Still Considering MGM Deal


Sony Chief Executive Nobuyuki Idei said Wednesday the Japanese electronics and entertainment giant was seriously considering the acquisition of U.S. film studio Metro-Goldwyn-Mayer but declined to say when a decision was expected. “We will not go into an unprofitable business,” he told reporters, adding that Sony has been thinking about movie deals since the 1990s. “We are confident we will make the right decision.” Earlier this month, MGM and Sony agreed to enter talks about a possible acquisition to weigh a $5 billion bid for the legendary studio, according to sources who spoke on condition of anonymity. But Idei and… Read more »

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Online music sales a mixed blessing


A year after Apple Computer Inc. launched its iTunes Music Service, the online music industry is selling songs by the millions – and that may not bode well for the major record labels. Online services account for just a fraction of overall music sales, but they’re growing rapidly. And the new choices they give consumers threaten to remix the recording industry’s traditional revenue streams, pumping up the volume of singles and subscriptions and turning down album sales. Customers at three of the leading online services – iTunes, Musicmatch Inc.’s Musicmatch Downloads and RealNetworks Inc.’s Rhapsody – buy about 10 times… Read more »

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The Blob That Ate TV


Two weeks after the Super Bowl, it’s already hard to remember the final score and who played. But Janet Jackson’s breast has taken on a life of its own. As shocking – shocking! – as the nation’s collective horror was over the episode, the script for this stunt was written long ago. You may recall: The year was 1958; it was Steve McQueen’s memorable movie debut. Still need another hint? It almost ate an entire town. That’s right, “The Blob.” A gigantic, gooey mass roars to earth from outer space and proceeds to terrorize Smalltown, USA, a hamlet filled with… Read more »

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Apple, Changing The World Of Online Music


On Jan. 6, San Francisco’s Moscone convention center pulses with all the energy of a rock concert. A crowd sprinkled with hip-hop teenagers, digerati, and aging hippies streams in to hear the annual state-of-the-Mac keynote from Apple Computer Inc. Chief Executive Steven P. Jobs. Every facet of the event bears the fingerprints of the obsessive Jobs – right down to the music that fills the air. This year, it’s the King himself, Elvis Presley. Later, Jobs rolls the tape of Apple’s famous “1984” ad that ran on Super Bowl Sunday that year – and hasn’t been broadcast since. Only this… Read more »

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U.S. Ends Online Music Antitrust Probe


The Justice Department on Tuesday ended its two-year-old antitrust investigation into the music industry’s online ventures, finding ample competition exists in today’s world of digital music. “Consumers now have available to them an increasing variety of authorized outlets from which they can purchase digital music and consumers are using those services in growing numbers,” said R. Hewitt Pate, assistant attorney general for the antitrust division. The investigation, begun in 2001, involved joint ventures put together by major record labels, pressplay and MusicNet, to distribute music over the Internet. Before that, the labels had authorized no Internet businesses to provide consumers… Read more »

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Judge Halts Distribution Of Eminem's Controversial Freestyle


On Tuesday a federal court judge granted Eminem an injunction against The Source,blocking the hip-hop publication from releasing a CD containing a controversial freestyle by the rapper. Last month the magazine’s owners, Ray “Benzino” Scott and David Mays, held a press conference to expose the old recording in which a young Marshall Mathers talks disparagingly about black women. The Source’s owners said a CD of the freestyle would be included in their February issue, due on newsstands January 13. Eminem admitted to making the song in anger and issued an apology. In a statement released two weeks ago, he said,… Read more »

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O.A.R. Catches Xbox Fever


If you are an O.A.R. supporter and an avid gamer here’s a little slice of heaven for you. On December 18 at 9pm EST fans will have the opportunity to “Play The Band” through the Xbox Live website. From the cozy confines of a New York City apartment, Marc, Benj, Jerry, Chris and Richard will challenge gamers to NFL Fever 2004 as well as Crimson Sky. This event is an exciting new feature for Xbox that caters to the ever-growing population of online-gamers. Other bands who have recently participated in this event include Korn, The Used, and New Found Glory.… Read more »

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Recording Executives See Brighter Outlook


Online music piracy isn’t likely to vanish soon, but the rise of paid online services and the growing popularity of portable digital music players portends greater demand for digital music next year and better fortunes for the embattled recording industry, music executives said Monday. Taking a mostly positive outlook on an industry racked by a three-year slide in CD sales, executives for recording companies and Internet music retailers told hundreds at the Music 2.0 conference in Universal City that online music sales should take off in 2004. “What we see is an explosion of interest in this space. It’s a… Read more »

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Berklee College Offers Free Music Education Online


Berklee College of Music, the world’s largest independent music college and the premier institution for the study of contemporary music announce the launch of Berklee Shares. This groundbreaking new program provides free music lessons and encourages musicians to share and distribute these music lessons online. The Berklee Shares lessons are available at no charge and are made up of a growing catalog of MP3s, QuickTime movies and PDF files derived from curriculum developed at the college by its world-renowned faculty. The lessons are available today for free download on http://www.berkleeshares.com/ affiliate partner sites and peer-to-peer networks including Limewire and Kazaa.… Read more »

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