Search Results for: ERRA

Alison Krauss will take some time off from her band, Union Station featuring Jerry Douglas, to tour with Robert Plant next year in support of their new album, Raising Sand . In the meantime, the members of Union Station will pursue individual musical projects.Released Oct. 23, Raising Sand has already sold more than 340,000 copies in the U.S. The project is Krauss’ first collaboration with the Led Zeppelin vocalist. Denise Stiff, Krauss’ manager, says the tour with Plant will take the duo to various venues in the U. S. and Europe in 2008. Cities and dates are still being determined.… Read more »

The lead singer of well-known Mexican band K-Paz de la Sierra was abducted and strangled to death, justice officials said on Monday, adding to a list of performers killed in a violent crime wave. Sergio Gomez, whose group had close ties to the U.S. city of Chicago, and two music promoters, were seized by armed men in the western Mexican state of Michoacan in the early hours of Sunday after a show. The promoters were released on Monday but Gomez was found dead on the outskirts of Morelia, the state capital, according to Magdalena Guzman, spokeswoman for Michoacan’s justice department.… Read more »

Warner Music Group Corp, the world’s third-largest music company, on Thursday posted a 58 percent drop in quarterly profit, hurt by an industry-wide slump in CD sales, as more fans bought songs online. Although Warner’s revenue rose 2 percent to $869 million in its fiscal fourth quarter, it declined 2 percent when taking out the impact of the weaker dollar. The company also posted weaker international sales, particularly in the United Kingdom. Digital music revenue was up 25 percent at $130 million during the quarter, but this could not make up for the short-fall in compact disc sales. U.S. album… Read more »

British music industry major EMI wants to cut its funding to the industry’s trade bodies, a source familiar with the situation told Reuters on Wednesday, which could deal a blow to the fight against music piracy. The source said EMI, which was recently taken over by private equity group Terra Firma, was looking at ways to “substantially” reduce the amount it pays trade groups. The groups, the International Federation of the Phonographic Industry (IFPI), the Recording Industry Association of America (RIAA) and other national associations, represent music companies and the fight against illegal piracy. They receive funding from the four… Read more »

The new owner of EMI Group PLC has said he will drop artists the music group believes are not working hard enough and will overhaul the company’s own executives’ pay packages, the Financial Times reported Friday. EMI, which has Coldplay, the Rolling Stones and Kylie Minogue on its roster, also threatened to withdraw stars’ lucrative advances if record sales are disappointing, the FT said, quoting an internal memo to staff from the chief executive of the private equity firm that bought the company in August. Guy Hands, the CEO of Terra Firma Capital Partners, said the company would in the… Read more »

Executive said on Monday the music company’s business was poised to rebound as it tapped new revenue streams to counter the decline in sales of traditional CDs. Warner Music, the only publicly listed major music company in the United States, has seen its share price decline as CD sales have fallen. People are increasingly buying music through online downloads rather than physical CDs and records. The company’s third-quarter earnings report, for the three months to June 30, showed a 2 percent revenue decline as growth in digital revenue failed to make up for declining CD sales. To counter this, the… Read more »

Rock and Roll Hall of Fame inductees Chrissie Hynde and Jerry Lee Lewis performed at a concert to benefit a local theater and celebrate the upcoming opening of Hynde’s vegetarian restaurant. Hynde, an Akron native and the lead singer of The Pretenders, presided over a weekend-long celebration of VegiTerranean, her eatery that will feature a blend of Mediterranean and vegetarian cuisine when it opens here in October. The events started with a Friday night acoustic performance, continued Saturday afternoon with the restaurant’s ribbon-cutting ceremony and ended Saturday night with the concert. Hynde handed out bean salsa and other hors d’oeuvres… Read more »

Atreyu’s Lead Sails Paper Anchor rocketed onto Billboard’s Top 200 this week at No. 8, and Billboard’s Rock and Hard Rock Album charts at No. 1, making it the highest-charting album of the band’s career. The debut is also significant in that Atreyu distinguish themselves as one among a very short list of hard rock acts to have debuted in the Top 10 this year. News of the album’s explosive arrival follows a flurry of headline-making moves for Atreyu, who were recently named as a headliner on one of the biggest tours of the new year: “Rockstar Taste of Chaos… Read more »

New York-based buzz band Just Surrender are set to release their second full-length album, “We’re In Like Sin,” through Broken English Records on August 21st. The highly-anticipated record was produced by John Naclerio (My Chemical Romance, Brand New, Senses Fail, Armor For Sleep) and delivers 11 hook-filled tracks. In celebration of the release, Fuse TV will be hosting a listening party for “We’re In Like Sin” on “The Worm” (www.fuse.tv/theworm). The full-album stream will launch at 3 pm EST on August 14th and run up until the August 21st release date. With over one million plays on both their PureVolume… Read more »

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 »