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Barry Diller’s USA Interactive sued Vivendi Universal on Tuesday over a tax dispute, saying the French entertainment company reneged on its partnership agreement with USA to save much-needed cash. USA and Vivendi formed a joint venture, Vivendi Universal Entertainment, last year combining Universal’s film, television and theme park properties with USA’s cable channels and television production company. Diller recently stepped down as VUE chairman. As part of the deal, USA has claimed Vivendi must make annual payments to reimburse USA for taxes that will become due on income it receives from the preferred shares it owns in VUE. The unusual… Read more »

In a pairing that would alter the architecture of the music business, Apple Computer Inc. is in talks with Vivendi Universal to buy Universal Music Group, the world’s largest record company, for as much as $6 billion, sources said. Such a seemingly unlikely combination would instantly make technology guru Steve Jobs, Apple’s co-founder and chief executive, the most powerful player in the record industry. Universal, which reaps about $6 billion in sales annually from artists such as 50 Cent, Shania Twain, U2 and Luciano Pavarotti, would be controlled by a maverick who revolutionized the computer market and coined the mantra… Read more »

The recording industry and Internet music broadcasters hope a new agreement will prevent a repeat of their recent battle over online music royalties, allowing them to focus instead on providing better music services for consumers. The two sides agreed Thursday on how much big webcasters like Yahoo!, America Online, Microsoft and RealNetworks must pay to broadcast songs over the Internet during 2003 and 2004. The new deal, if approved by the U.S. Copyright Office, will allow the two industries to avoid a lengthy arbitration process to set the royalty rates. “We are delighted to have reached an agreement that will… Read more »

Independent music company FullAudio Corp. on Wednesday launched MusicNow, the latest digital music service to enter the race to woo music fans from the tempting free, song-swapping services inspired by Napster. Boasting an easy-to-use magazine-like format, FullAudio, which has been developing the service for several years as it has obtained licensing from the big five major labels, said that MusicNow is designed around 36 channels. “MusicNow is on the forefront of a dramatic market paradigm shift beyond the labor-intensive ‘search and browse’ database model developed by Napster,” said Scott Kauffman, president and chief executive officer of Chicago-based FullAudio, which is… Read more »

Top executives at the major record companies have finally found an online music service that makes them excited about the digital future, sources said Monday. The new service, developed by Apple Computer, offers Macintosh users many of the same capabilities that are already available from services previously endorsed by the labels. But the Apple offering won over music executives because it makes buying and downloading music as simple and nontechnical as buying a book from Amazon.com, one source said. “This is exactly what the music industry has been waiting for,” said one person familiar with the negotiations between the Cupertino… Read more »

The music of pop-jazz chanteuse Norah Jones garnered seven Grammy awards Sunday night, catapulting her past crowd favorite Bruce Springsteen and his three awards for the Sept. 11-inspired “The Rising.” As unknown as Springsteen was acclaimed before the last year, Jones won four individual Grammys while her producer, engineers and the writer of her hit “Don’t Know Why” were honored as well. “I never ever thought that the music I made would become popular music, so this is amazing,” Jones said as she picked up an award for best pop vocal album. She also won for best female pop vocal,… Read more »

A music industry trade body launched Monday electronic identity tags to keep tabs on Internet music sales in a bid to compensate musicians and song writers as more of their works become available online. The Global Release Indentifier, or GRid, is a code akin to the Universal Product Code (UPC) bar code found on a CD or cassette tape in stores. The aim is to track each time a record label, online retailer or distributor such as Microsoft’s MSN or Italian Internet service provider Tiscali sells a song in the form of a Web stream or download. Such tracking initiatives… Read more »

We know Metallica and Limp Bizkit will headline the Summer Sanitarium Tour, but what we don’t know is who will be in those bands. Or do we? “We got Yngwie Malmsteen,” Fred Durst deadpanned Wednesday at a press conference to announce the tour, which also features Linkin Park, the Deftones and Mudvayne. “Oh man, he was next on my list,” Lars Ulrich said of the Swedish metal guitar virtuoso. “I’ll take Steve Vai and give you him,” Durst shot back. Of course, Durst and Ulrich were joking. Metallica’s bassist slot and Limp Bizkit’s guitarist slot remain vacant. The latter band… Read more »

Six retail record store chains ? hurting from competition from CD burning, online music and large discount stores ? are teaming to offer consumers digital music downloads in their stores and over the Internet. The stores have formed a joint venture called Echo that will provide technology and allow them to offer individual tracks for downloading to portable devices and computers. The stores are Best Buy, Tower Records, Virgin Entertainment Group, Wherehouse Music, Hastings Entertainment Inc. and Trans World Entertainment Corp., operator of FYE, Strawberries and Coconuts stores. “We’re trying to make digital music work in a mass market way,… Read more »

Technology companies and advocacy groups announced a new lobbying organization Thursday to counter Hollywood in the battle over access to digital music, movies and books. Founding members of the Washington-based Alliance for Digital Progress ? which one Hollywood executive demeaned as “a bit strange” ? include Microsoft Corp., Dell Computer Corp., Motorola Inc. and the Information Technology Association of America. The group wants to fight Hollywood efforts to require anti-copying technology in digital entertainment devices. Technology advocates say embedding such technology in computers and software would crimp product innovation ? and trample consumers’ rights. “Hollywood leaders… would have organized the… Read more »