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Time Warner Returns to Quarterly Profit


Time Warner Inc., the world’s largest media company, swung back to a profit in the fourth quarter of 2003 after reporting a $44.9 billion loss in the same period a year ago because of write-downs at its AOL unit, the company reported Wednesday. Time Warner posted net earnings of $638 million, or 14 cents a share, in the three months ending in December, just shy of the 15 cents per share that analysts surveyed by Thomson First Call had been expecting. The year-ago net loss was equivalent to $10.04 per share. Revenues rose 6 percent to $10.9 billion from $10.25… Read more »

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Have Music Sales Finally Hit Bottom?


Though U.S. album sales were down last year for the third year in a row – the longest stretch in 20 years – Nielsen SoundScan numbers still contain some bright spots for 2003. For the full year, album sales declined 3.6% to 667.9 million units from the 693.1 scanned in 2002. But when looking at the fourth quarter, album sales rose 4.7% from the October-December period in 2002. That has caused some executives to proclaim that the industry has hit bottom. Indeed, at mid-year, sales were down 8.6%. That gap was closed by the fourth-quarter surge. What’s more, 2004 is… Read more »

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Janet Jackson Tapped for Super Bowl Halftime


Janet Jackson will perform on one of the world’s biggest stages, the Super Bowl XXXVIII halftime show. The National Football League championship football game is set to air Feb. 1 live on CBS from Houston’s Reliant Stadium. MTV is producing the Super Bowl halftime show, having previously produced the segment in 2001, which featured Aerosmith, ‘N Sync and Britney Spears. Last year’s halftime event saw Shania Twain, No Doubt and Sting perform at halftime. Jackson is working on her still-untitled follow-up to her 2001 album “All For You.” It is set for release sometime in 2004 on Virgin Records. Her… Read more »

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Jack White Brawls With Fellow Garage Rocker At Detroit Club


It looks like Jack White’s broken finger has healed at least well enough to throw punches at other garage rockers. The White Stripes frontman was involved in a brawl with Von Bondies singer/guitarist Jason Stollsteimer Saturday night in Detroit’s Magic Stick club, according to police reports. Stollsteimer, who suffered a bloody nose and bruising to his right eye, was treated at Detroit Receiving Hospital and released. White sustained cuts to his left hand. The Von Bondies singer told police that White had tried to speak with him in the club, which was hosting a record release party for alt-country rockers… Read more »

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Composer Who Worked With Metallica, Aerosmith Dead At 55


Composer, conductor and arranger Michael Kamen, who led the San Francisco Symphony in its collaboration with Metallica for the band’s 1999 S&M album, died at home in London of an apparent heart attack Tuesday (November 18), according to his publicist. He was 55. Known for being something of a rock and roll classicist, in 1974 Kamen served as musical director for David Bowie’s Diamond Dogs tour, and he’s worked on orchestrations for Eric Clapton, George Harrison, Queen, Pink Floyd and Bob Dylan. In 1991 he arranged an orchestral version of Aerosmith’s “Dream On” for MTV’s 10th anniversary celebration, but it… Read more »

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Britney Spears & Pink Blow Off NBC's 'Today'


Britney Spears has canceled her scheduled concert on NBC’s Today show. The singer nixed the performance because the NBC aired a less-than-flattering feature about her, titled “Britney Unzipped,” on Dateline Sunday, that the singer was reportedly none too pleased about. Recently, Pink pulled out of a NBC’s Today show concert scheduled for Friday (November 14) after being told the concert would be canceled if she appeared onLive! With Regis And Kelly. Pink did appear on Regis on Tuesday, and as a bonus, she met one of her idols, Madonna, for the first time. Pink will now perform on ABC’sGood Morning… Read more »

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Digital Sales Outpace Physical for First Time


For the first time since the chart’s rollout in July, the No. 1-selling song on Hot Digital Tracks bests the weekly total of the No. 1 title on Hot 100 Singles. With the rollout of Napster 2.0, sales data of digital tracks takes another step north, resulting in OutKast’s “Hey Ya! (Radio Mix)” selling 8,500 downloads compared with 7,500 physical singles scanned of MercyMe’s “I Can Only Imagine.” This occurrence, if not the speed with which it was accomplished, was predicted in most music quarters once the business model of digital distribution was in place. While it appears that the… Read more »

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All-American Rejects Make The Honeymoon Last On 'Time Stands Still'


From Jim Croce’s “Time in a Bottle” in the 1970s to Cher’s “If I Could Turn Back Time” in the ’80s, and R. Kelly’s “If I Could Turn Back the Hands of Time” a decade later, songs about stopping time are as numerous as sands in an hourglass. The All-American Rejects extend the time-honored tradition with their third single, “Time Stands Still.” The song, which follows “Swing Swing” and “The Last Song,” is similar to the themes that flow through the Oklahoma band’s self-titled debut album in that they’re all about singer, bassist and lyricist Tyson Ritter’s girl problems. But… Read more »

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Def Jam Hasn't Slowed Roadrunner Indie Spirit


It’s been 2-1/2 years since the Island Def Jam Music Group acquired a 50% stake in Roadrunner Records. However, the longtime rock-metal independent label still feels like an indie despite its major label parent, president Jonas Nachsin says. “In terms of the Roadrunner’s indie spirit, I don’t think we’ve lost any of that,” Nachsin says. “When the partnership was done, I think the first thing that was decided was not to do anything, which was a very sage and important game plan because when something is working, the last thing you want to do is start to mess with it.”… Read more »

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Courtney Love Rushed To Hospital For Drug OD Following Arrest


Police responding to a burglary call arrested Courtney Love in Los Angeles early Thursday morning for allegedly being under the influence of narcotics, according to a spokesperson for the Los Angeles Police Department. The 39-year-old singer was found standing in the middle of the street outside a male friend’s home just before 3 a.m., where she admitted to breaking several windows while trying to enter. “The resident said that he did not wish to have her arrested,” LAPD spokesperson Renee Montoya said. “But as the investigation continued, the officers noticed that Ms. Love’s behavior was consistent with being under the… Read more »

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