Warner Music Group Chairman Edgar Bronfman, Jr. is a big fan of Spotify. In fact, at the D:Dive Into Media conference, the music mogul touted the music streaming service as a complementary service on top of other sales channels. Read More »
Tech
It was home to the Rolling Stones and the Beatles, but EMI is on the block again after a takeover by Citigroup. It’s the final proof that the sprawling record label is dangerously outmoded — but there’s little suggestion the industry can really learn from its… Read More »
Warner Music Group president Edgar Bronfman articulated yesterday what we’ve known for awhile: Major record labels have lost confidence in the free streaming model for music consumption. But while WMG may not be ready to pull content from Spotify, it can stall its stateside growth. Read More »
Updated with comment from Cisco: Cisco and Warner Music Group announced today that the music company will roll out a dozen new sites dedicated to its artists using Cisco’s Eos SaaS social entertainment platform by the end of this year, adding to the five existing… Read More »
Earlier today, news emerged that Warner Music Group had taken a $33 million writedown on its investments in startups Lala ($20 million) and Imeem ($15 million). What that means is that Warner music is giving up on these ad-supported digital music startups and moving… Read More »
