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The late ’70s, when punk exploded and disco imploded, were tumultuous years for the music industry. A time bomb embedded in legislation from that era, the U.S. Copyright Act of 1976, could bring another round of tumult to the business, due to provisions that allow authors or their heirs to terminate copyright grants.

There was a time when most aspiring musicians had the same dream: to sign a deal with a major record label. Now, with the structure of the music business shifting radically, some industry iconoclasts are sidestepping the music giants and inventing new ways for artists to make and market their music – without ever signing a traditional recording contract. The latest effort comes from Brian Message, manager of the alternative band  Radiohead, which gave away its last album, “In Rainbows,” on the Internet. His venture, called Polyphonic, which was announced this month, will look to invest a few hundred thousand… Read more »

Why be at odds when there’s music to be made? Back on the same page after months of legal wrangling over royalties, 30 Seconds to Mars is once again recording for longtime label Virgin Records. The Jared Leto-fronted rock band’s third studio album currently titled This Is War, is slated for a fall release following a truce between the EMI-owned label – which had sued the group for $30 million – and talent, who in turn had really lashed out at Virgin. “So here we are, after almost a year at war, and the time has come,” Leto wrote yesterday… Read more »

LOS ANGELES (Billboard) – Three years after the former manager of The Killers sued the band for alleged breach of contract, the group has filed a countersuit claiming a pattern of incompetence and double-dealing. The Killers' lawsuit, filed Friday in federal court in Las Vegas alleges breach of contract, breach of fiduciary duty and unjust enrichment as well as breach of an implied good-faith covenant by former manager Braden Merrick and his company, From the Future. Though the Killers' suit doesn't specify the amount of damages being sought, a statement from the band obtained by Billboard cites "multi-million-dollar damages in… Read more »

Radio companies took a giant step forward in 2008 by embracing online and mobile applications like never before. Clear Channel, with centralized Web site design services and such innovative Web programing as its “Stripped” concert series and “New” artist spotlight program, has long led the way, but other broadcast groups also made momentous strides. No company increased its commitment to the digital space in 2008 more than CBS Radio which announced a content and advertising partnership with AOL Music in March. Since then, 150 CBS Radio stations and 200 AOL Music Internet stations have become powered by a CBS Radio… Read more »

He had one of the biggest opening sales weeks of 2008, and now, Lil Wayne is the year’s most-nominated Grammy contender. Wayne and his latest LP, “Tha Carter III,” lead the pack with a total of eight nominations, while one of the year’s other biggest sellers, Coldplay’s “Viva La Vida or Death and All His Friends,” garnered seven nods. Jay-Z, Ne-Yo and Kanye West each earned six nods, while Alison Krauss, John Mayer, Robert Plant, Radiohead and Jazmine Sullivan received five each. Adele is up for four – including Best New Artist – as are Lupe Fiasco and T.I. The… Read more »

The album that will put the new EMI under its greatest global scrutiny to date is also 2008’s most eagerly awaited release. That’s the official word from Coldplay’s new boss. The band’s “Viva La Vida or Death and All His Friends” will be released June 12 internationally on Parlophone/EMI and on June 17 in North America on Capitol. EMI Group chairman Guy Hands, who led the buyout of the music company last summer through his private-equity firm Terra Firma, says, “Right across the world, this is the most anticipated album of the year.” As the follow-up to the British melodic… Read more »

Madonna is the richest woman in music. The 49-year-old entertainer leads Forbes.com’s list of the top 20 “Cash Queens of Music,” earning $72 million between June 2006 and June 2007. The pop star’s “Confessions” world tour pulled in $260 million, Forbes said. She also made money from album sales, her fashion line with H&M and a deal with NBC to broadcast her concert performance at London’s Wembley Stadium. Forbes.com said it compiled the list by examining concert grosses, merchandising revenue, album sales and other revenue from clothing lines, fragrance deals and endorsements. Barbra Streisand is No. 2 with $60 million,… Read more »