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Warner Music Group Corp., one of the world’s largest recording companies, said Tuesday its fiscal third-quarter loss widened as more people bought digital music, rather than CDs. The loss for the quarter ended in June was $17 million, or 12 cents per share, versus a prior-year loss of $14 million, or 10 cents per share. Excluding nonrecurring items related to a corporate restructuring and settlement, the loss in the 2007 quarter was $29 million, or 20 cents per share. Revenue declined 2 percent year over year to $804 million from $822 million. On a constant-currency basis, revenue fell 5 percent.… Read more »

The Spice Girls wannabe stars again. Following a calculated publicity buildup, the original Girl Power group of the 1990s announced Thursday that they have agreed to reunite for 11 concerts around the world in December and January. The shows will be their first concerts since breaking up in 2001, and the first with all five of the original group since Geri “Ginger Spice” Halliwell quit to pursue a solo career in 1998. The group said shows would be in Los Angeles on Dec. 7; Las Vegas on Dec. 8; New York on Dec. 11; London on Dec. 15; Cologne, Germany,… Read more »

Independent record labels behind artists like The White Stripes, Deep Purple and Arctic Monkeys announced a global deal Saturday to pool access to their catalogs, seeking to grab a bigger share of online music sales from the major record companies. Indies and their trade groups from more than a dozen countries signed up to Merlin, a nonprofit licensing agency that will cut deals on their behalf with download sites under the terms of the agreement unveiled at Midem, a music industry gathering in the French Riviera town of Cannes. Smaller record companies with just a handful of successful artists fear… Read more »

Lil’ Kim, in trouble for a lotta lying, could be heading to the Big House real soon. The pint-size rap diva was convicted Thursday of federal perjury charges for fibbing to a grand jury about a 2001 shootout in front of a Manhattan radio station involving members of her entourage and a rival hip-hop crew. The 29-year-old Kim, referred to by her legal name of Kimberly Jones in court, was rung on counts of conspiracy and perjury for trying to protect her posse, but was acquitted of the most serious charge of obstruction of justice. Her assistant, Monique Dopwell, was… Read more »

Chris Cornell, prepare to get your transcendence on. Audioslave are hitting the road in support of their upcoming second album beginning April 14 in Las Vegas, and from sound of things, opening night can’t come soon enough for Cornell. “I can just go out onstage and get lost in the music and get lost in whatever it is I am doing and it becomes transcendent, and it is kind of addictive now,” the singer said Wednesday (March 16). “With Audioslave, I’ve really started to like the road a lot. There is a certain dedication and work ethic that the band… Read more »

New York – Rap star Lil’ Kim testified at her federal perjury trial on Thursday, telling jurors she was bullied by prosecutors when she allegedly lied to a grand jury about a 2001 shootout. “I was a victim (of the shooting),” said Lil’ Kim, a former sidekick of the late Notorious B.I.G. “I couldn’t believe I was being badgered the way I was.” Wearing a lacy peach dress beneath a white blazer, the 4-foot-11 Grammy winner frequently turned in the direction of jurors, flashed broad smiles and dropped names of famous artists she’s worked with. She was admonished by the… Read more »

Apple Computer Inc. launched its highly anticipated iTunes Music Store in Europe on Tuesday, expanding the popular digital music service to users in Britain, France and Germany. Apple chief executive Steve Jobs said iTunes would be available without subscription. The charge for downloading a single track would be 79 pence ($1.43) in the United Kingdom and 99 euro cents ($1.20) in Germany and France. Jobs boasted that more than 85 million songs have been downloaded from iTunes in the United States. Along with the United States, France, Germany and the United Kingdom account for 60 percent of global music sales.… Read more »

Avril Lavigne joins music’s most exclusive club with her May 25th Arista/RCA release UNDER MY SKIN debuting at #1 on Billboard’s US album chart. UNDER MY SKIN also debuted at #1 in Germany, the United Kingdom, Japan, Australia, Canada, Spain, Ireland, Thailand, Korea and Hong Kong! UNDER MY SKIN is the follow-up to Avril’s 2002 debut album “Let Go,” which sold 15 million copies worldwide. The album has generated tremendous media excitement starting with Avril’s appearance as musical guest on the May 8th broadcast of Saturday Night Live. She went on to perform on “The Today Show” outdoor summer concert… Read more »

When the member of a band leaves the group, it’s almost comparable to a divorce. But what happens when the musician’s replacement is immediate? Would that be comparable to an affair? Well, this would seem to be the case forAlien Ant Farm whose guitarist Terry Corso quit due to “irreconcilable differences.” According to a statement on the band’s website, the band members planned the departure carefully so that no dates on their current U.S. tour with 311 would have to be missed. The band has almost immediately introduced a substitute guitarist, Victor Camacho, who played his first show with the… Read more »

Shout it on out: Tears for Fears is back. After reuniting for a weekend benefit, Roland Orzabal and Curt Smith, the original Tears for Fears, are heading back to the studio to record their first album together in more than a decade. The duo performed together for the first time in years at this past weekend’s Andre Agassi’s Grand Slam for Children Benefit in Las Vegas. By Monday, Arista Records President and CEO Antonio “L.A. Reid” had announced that the newly reformed band had signed with the label and will release a new album this spring. A 2004 is also… Read more »