Search Results for: Said The Sky

Britain’s largest pay-TV firm BSkyB is to launch an online subscription music service and has signed the world’s largest music group Universal as its first partner, in a deal that could challenge Apple. The service will offer downloads to keep and unlimited listening through streaming for a single monthly subscription service. The tracks will be in the MP3 format, meaning they can be used on many devices including the iPod and mobile phones. BSkyB will form a new joint venture to launch the service in Britain and Ireland, building on its relationship with millions of customers and Universal’s hundreds of… Read more »

The viewer-voted talent show “Nashville Star” offers hope to all the whiskey-voiced singers out there, says Lynyrd Skynyrd frontman Johnny Van Zant. “I think it’s great,” said Van Zant, who belted out “Sweet Home Alabama” on the USA network show with the rest of the Skynyrd crew recently. “On ‘American Idol,’ if you can’t sing higher than a bird, you can’t be on there, really.” The contestants, who are competing for a Sony Music Nashville recording contract, paid homage to the classic Southern rockers by performing “What’s Your Name.” With their blend of rock, blues and country, Lynyrd Skynyrd has… Read more »

Fourth-quarter losses skyrocketed at AOL Time Warner Inc. after a staggering $45.5 billion charge to account for the struggling media conglomerate’s plunging value. The company also announced Wednesday that former cable TV mogul Ted Turner is stepping down as vice chairman. In the three months ending Dec. 31, AOL lost $44.9 billion, or $10.04 per share, compared with a loss of $1.8 billion, or 41 cents per share, in the fourth quarter of 2001. Revenue rose 8 percent to $11.4 billion, and AOL said its results without the one-time accounting markdown would actually have beaten Wall Street estimates – at… Read more »

Concert-goers who want to see some of their favorite bands this summer may have to dig deep into their wallets. Tickets to see major performers like the Rolling Stones and Paul McCartney are expected to reach into the hundreds of dollars. The Wall Street Journal said average Stones’ tickets will run between $50 and $100, with top-tier tickets going for about $350. Average ticket prices for McCartney’s tour are running about $135 dollars and that’s before ticketing and service charges, according to a publication that tracks the concert industry. Tickets for The Who vary on location. At New York’s Madison… Read more »

XM Satellite Radio reported that the company’s losses nearly tripled for its first quarter ending March 31, noting that its consolidated net losses increased to $42.7 million ($.80 per share), up from consolidated net losses of $14.2 million ($.30 per share) in the same quarter a year ago. XM also said that it raised more than $200 million in the first quarter of 2001, enough funding to keep the company operational into 2002. Also this year, XM launched its first satellite “Rock” and plans to launch its second, “Roll,” on May 7th. That satellite is now being carried by ship… Read more »