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Arista President 'L.A.' Reid Exits


Antonio “L.A.” Reid, who took the helm at Arista Records nearly four years ago and oversaw platinum successes from acts including OutKast, Pink and Avril Lavigne, has left the label, it was announced Tuesday. Reid became president and CEO of Arista in May 2000 after the company’s founder and CEO, Clive Davis, left because of parent company BMG’s mandatory retirement policy. Reid was not available to comment, according to an Arista spokeswoman. Rolf Schmidt-Holtz, chairman and CEO of BMG, called Reid “one of the music industry’s top record men.” “His passion for working with and developing some of the world’s… Read more »

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Paul Simon Signin' Music Publishing Deal


Paul Simon has signed a worldwide agreement with Universal Music Publishing Group (UMPG) that covers his catalog and future work. The multi-year deal, which went into effect Jan. 1, calls for UMPG to administer his catalog and new songs worldwide except in North America, where the material will continue to be handled by Paul Simon Music. Additionally, UMPG will represent Simon’s work globally, including the U.S. and Canada, for synchronization opportunities in TV, film and advertising. Simon was previously with Warner/Chappell. The 300-song catalog includes many modern-day pop classics penned by Simon as part of Simon & Garfunkel and as… Read more »

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Music Legend Johnny Cash Dies at 71


Johnny Cash, “The Man in Black” who became a towering figure in American music with such hits as “Folsom Prison Blues,” “I Walk the Line,” and “A Boy Named Sue,” died Friday. He was 71. “Johnny died due to complications from diabetes, which resulted in respiratory failure,” Cash’s manager, Lou Robin, said in a statement issued by Baptist Hospital in Nashville. He said Cash died at the hospital at 1 a.m. EDT. “I hope that friends and fans of Johnny will pray for the Cash family to find comfort during this very difficult time,” Robin said. Cash had been released… Read more »

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Gwen Stefani Set For First Solo Album


In No Doubt’s 1995 hit single “Just A Girl,” lead singer Gwen Stefani sarcastically sang “the moment that I step outside, so many reasons for me to run and hide.” Eight years later, the blonde singer has decided to step out from hiding with the impending release of her first solo album. And if those working with her on the project are any indication, expect the forthcoming set to have a very hip-hop feel. Interscope Records has brought in Missy Elliott and Outkast to help guide Stefani’s debut effort. Elliott warned MTV, “It’s not just another record. It’s going to… Read more »

News

Thrice Tours With Thursday


Kicking off in Scranton, PA on October 17th, Island Records recording artists, Thrice and Thursday join forces for a full scale U.S. tour. This pairing of incredible bands will give fans the opportunity to experience the unbridled energy and emotionally charged sounds of both artists. Thursday and Thrice are representative of a growing new musical scene. As the New York Times Magazine recently wrote, “What do you get when you mix crashing guitars, wrenchingly confessional lyrics and vocals that can peel paint? The new poetics of suburban living.” This two month tour will be sponsored by MTV2 and Alternative Press.… Read more »

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Music Business in Misery


When the record industry announced in June that it would begin filing individual lawsuits against hundreds of illegal file-swappers, it was not just a bad PR move, it was a signal that the music business is more desperate than ever. Halfway through 2003, sales continue to slump, down eight percent from the first six months of last year. Three of the ten best-selling albums so far this year were actually released in 2002, and only three artists – 50 Cent, Norah Jones and Linkin Park – managed to sell more than 2 million copies between January and June. 50 Cent,… Read more »

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Strokes, Yeah Yeah Yeahs Say 'YES New York'


New York’s finest new rock acts will be anthologized on “YES New York,” a 15-track collection due June 3 from Wolfgang Morden, the soundtrack imprint of Vice Records. The album kicks off with a previously unreleased live version of the Strokes’ “New York City Cops” recorded in Iceland, and concludes with an acoustic version of “Our Time” performed by Unitard, a side project of the Yeah Yeah Yeahs. “As transplants to New York, we had spent a decade watching the New York rock scene kinda suck with too many Heartbreaker wannabes and noisy sound-alikes,” executive producers Chris White and Brian… Read more »

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BMG Completes $2.74B Purchase of Jive/Zomba


Bertelsmann Music Group has completed its Jive lessons. The major label group said Tuesday it has closed its acquisition of Zomba Music Group, home to teen-pop label Jive Records, paying more than $2.74 billion to acquire the stakes in the closely held group it didn’t already own. BMG already held 20% of Zomba’s record labels and 25% of its music-publishing portfolio. The deal, which got rolling in June after Zomba owner Clive Calder triggered a long-standing “put” option to sell his interest, gives BMG full access to Jive’s roster of pop megastars, including ‘N Sync, Britney Spears and the Backstreet… Read more »

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Artists, Record Execs Spar over Royalties in Calif.


A California lawmaker investigating record company accounting heard one sad song after another on Tuesday as high-profile musicians from the Backstreet Boys to Bing Crosby’s widow accused labels of robbing them of past royalty payments. At a state hearing in Los Angeles, the musicians said they had sold millions of songs or albums only to receive sparse royalties or to be told they actually owed their respective record labels money to recoup advances. State Sen. Kevin Murray, who called the hearing along with fellow Democrat Sen. Martha Escutia, called it a fact-finding event but chided record companies for not making… Read more »

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Nelly Tops Chili Peppers


Music fans weren’t quite ready to vacate “Nellyville” this week, as the sophomore album from St. Louis rapper Nelly stood strong against a heady debut from funk-punk foursome the Red Hot Chili Peppers and held on to the top spot for the third week running. Sales of “Nellyville” (Universal) slipped 24% to 340,000 units, according to data compiled by Nielsen SoundScan, but the album still managed to top 1.5 million in total sales after less than a month out. Fresh off that success, the hip-hop star is said to be planning a move into the TV world, starring in his… Read more »

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