music industry

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Sony Most Successful at ... Selling Insurance

Its devices are a money-losing operation

(Newser) - Walkman, Trinitron, PlayStation: In the US, we know Sony as a longtime player in the electronics world. But its electronics arm has lost $8.5 billion over the past decade, the New York Times reports. In fact, the driver of its current success is its insurance business, which doesn't...

Music&#39;s Vinyl Revival Is Getting Ridiculous
Music's Vinyl Revival
Is Getting Ridiculous
OPINION
Mar 19, 2013 4:40 PM CDT

Music's Vinyl Revival Is Getting Ridiculous

Jason Heller: This movement may have 'jumped the shark'

(Newser) - Jason Heller loves vinyl albums, so much so that he accumulated 6,000 LPs at the height of collecting frenzy. He's done now, though, he writes in an essay headlined "Has the vinyl revival gone too far?" at AV Club . Consider that Kenny Rogers is coming out with...

Taylor Swift Highest-Paid Young Celeb

Women dominate under-30 list at Forbes

(Newser) - Music-business woes haven't been much of an obstacle for this year's highest-paid celebrities under 30—a list dominated by women, Forbes notes. The magazine tallied up celebs' takings between May 2011 and May 2012 to find Taylor Swift ruling the roost.
  1. Taylor Swift, 22, $57 million
  2. Justin Bieber,
...

Adele Gets Record Bump in Sales From Grammy's

Album '21' sees increase of 207%

(Newser) - Adele's big night at the Grammy's (six wins) was sure to translate into increased sales, but the numbers came in better than anyone expected: Her album 21 went from selling 237,000 copies last week to 730,000 this week, reports Billboard . That one-week increase of 493,000,...

10 Notable Bands With Only 1 Album

Lauryn Hill, Jeff Buckley, and the Sex Pistols make the list

(Newser) - It's one way to avoid the sophomore slump: Paste counts down 10 singers or bands whose first album set the music world abuzz and whose official second album simply never materialized:

How Spotify's Boss Can Save Music

Daniel Ek creating a revolutionary 'music ecosystem': Forbes

(Newser) - Ever since Napster, the music industry has been desperate for a fix—and Daniel Ek may have finally found it. The 28-year-old Swedish founder and CEO of Spotify is, according to Forbes , "the most important man in music." His service amounts to a profitable way to give people...

Rock Music Has Worst Year Ever
 Rock Music Has 
 Worst Year Ever 
IN CASE YOU MISSED IT
Jan 1, 2012 1:00 AM CST

Rock Music Has Worst Year Ever

It's old acts clinging to relevance, and new ones aping them: Critic

(Newser) - How dire is the state of mainstream rock? So dire that “Sublime With Rome,” a band with no higher ambition than mimicking Sublime, has had a song on the Billboard charts every week since May. “2011 may well be remembered as the most numbing year for mainstream...

Elvis Costello: Don't Buy My New Boxed Set

Inflated price 'appears to be either a misprint or a satire,' he quips

(Newser) - Elvis Costello's new Return of the Spectacular Spinning Songbook boxed set is pretty good—but no way is it worth the current price Elvis Costello says. The special-edition set, which includes a CD and DVD of a concert from earlier this year, plus a coffee-table book, is selling for...

Townshend to Apple: Stop Bleeding Musicians

Help artists rather than being a 'digital vampire,' he urges

(Newser) - Pete Townshend has a message for Apple: It can either help the struggling record industry or bleed it “like a digital vampire." Speaking at a lecture in honor of a BBC DJ, The Who guitarist called on iTunes—which “exists in the wild west Internet land of...

Cassette Tapes Are Back
 Cassette Tapes Are Back 
Oct 20, 2011 12:03 PM CDT

Cassette Tapes Are Back

Amongst a certain set of people, at least

(Newser) - Proving once again that everything will someday become cool again, the Wall Street Journal today brings us the news that cassettes are making a comeback. A small comeback, sure, but a comeback nonetheless. “I want them fresh, sealed in the package,” says one collector. “I know one...

Google Planning Music Store
 Google Planning Music Store 
Oct 14, 2011 3:14 AM CDT

Google Planning Music Store

Company aims to have service up before iTunes Match

(Newser) - Google is pushing further into the entertainment business with an online music store that it aims to have up and running within weeks, sources tell the New York Times . Music industry execs say the MP3 store will probably be linked to Google's Music Beta cloud service. Google wants to...

How to Save Record Labels, With Help from X5
 How to Save 
 Record Labels 
Sep 4, 2011 8:25 AM CDT

How to Save Record Labels

Lessons from a tiny Swedish firm that's raked in $10M

(Newser) - As the music industry navigates a path for the digital era, a tiny Swedish label has proven itself an excellent guide. Though it has just 43 employees, X5 Music Group topped the classical charts last year, its sales on par with Universal, the biggest label there is. Its strategy is...

And the New Top-Selling Digital Album Is ...?

Adele's 21 not your typical pop hit

(Newser) - And the top digital album seller of all time is ... Eminem? Lady Gaga? Nope, sorry, it's Adele , the young English singer-songwriter. Adele's sophomore release 21 has now sold 1.017 million online copies, beating out Eminem's 1.005 million for Recovery, reports Hitfix . Even more impressive is...

Spotify Digital Music Service Makes US Debut
 Spotify Makes US Debut 
THE DEATH OF DOWNLOADS?
Jul 15, 2011 4:02 AM CDT

Spotify Makes US Debut

Digital music service poised to upend business

(Newser) - Europe's hottest digital music service has just made its American debut and some analysts are already saying that the download industry is as good as dead. Spotify has a catalog of 15 million songs which users can stream instead of buy. Users can access Spotify for a small monthly...

Lady Gaga Sells 1.1M Born This Way in First Week

Amazon deal helps album hit milestone

(Newser) - Lady Gaga's new album Born This Way has zoomed to mega-hit status with sales of 1.11 million copies in its first week, making it the hottest-selling debut for an album since 50 Cent's The Massacre in 2005, according to Billboard . Only 17 albums in the last 20...

No, Bon Jovi, Steve Jobs Isn't Killing Music
No, Bon Jovi, Steve Jobs
Isn't Killing Music
OPINION
Mar 15, 2011 5:49 PM CDT

No, Bon Jovi, Steve Jobs Isn't Killing Music

Digital changes aren't all bad

(Newser) - Jon Bon Jovi has accused Steve Jobs of personally "killing" the music industry, but Bon Jovi is just engaging in silly "nostalgia grief," writes Keith Staskiewicz at Entertainment Weekly . In his interview with the London Sunday Times, Bon Jovi fetishizes the experience of a physical record. Because...

Vinyl Breathes Life Into Dying Music Sales

Independent record store owners see a way forward

(Newser) - The last decade was not kind to the independent record store owner, as digital downloads—legal and illegal—and online retailers cut deeply into sales. But there's hope on the horizon, and it comes from the past—vinyl albums. Nielsen SoundScan says 2.8 million vinyl records were sold in...

Susan Boyle Rules US and UK Charts—Again

Only the Beatles and Monkees have done it in a year

(Newser) - Susan Boyle has the No. 1 album on both the US and UK charts for the second time in one year. It's a sales metric achieved only twice before—by the Beatles in 1969 and the Monkees in 1967—making Boyle the first woman to pull it off. The...

Beatles, iTunes Come Together
 Beatles, iTunes Come Together 
IT'S OFFICIAL
Nov 16, 2010 10:08 AM CST

Beatles, iTunes Come Together

Apple hypes it like crazy

(Newser) - After decades of legal battles over the “Apple” brand name, the Beatles and Steve Jobs have officially let it be and come together on iTunes. It’s not the big announcement many tech prognosticators were expecting , but Apple is hyping it to the nines, devoting its entire homepage to...

Apple Teases Huge iTunes News

Could it be the death of the MP3?

(Newser) - Is Apple about to kill the MP3? The company today devoted its entire homepage to teasing an iTunes announcement planned for tomorrow that it promises, with typical Apple grandiosity, “you’ll never forget.” What could it be? Speculation is flying, but the top theory seems to be that...

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