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 | UMG Posts Q2 Loss
July 24, 2008
- Record Labels
The Universal Music Group saw a 5.3% drop in sales to 1.02 billion euros ($1.6 billion) in the quarter ended June 30, from the 1.07 billion euros ($1.4 billion) generated by the company in the preceding quarter. » Full Story |
 | Miley, Sugarland Vying For Next Week's No. 1
July 23, 2008
- Retail
The Billboard 200 will greet a new No. 1 next week in the form of Miley Cyrus' "Breakout" (Hollywood) or Sugarland's "Love on the Inside" (Mercury Nashville), which are neck and neck on the Nielsen SoundScan's Building chart released today. » Full Story |
 | Nas Dethrones Lil Wayne Atop Billboard 200
July 23, 2008
- Record Labels
One rapper replaces another atop The Billboard 200 this week, as Nas' untitled Def Jam album dethrones Lil Wayne's Cash Money/Universal set "Tha Carter III." Nas' album sold 187,000 copies in the United States, according to Nielsen SoundScan, becoming the rapper's fifth No. 1 here.
» Full Story |
Carvello Launches Upstream Music Group
July 18, 2008
- RB Hip-Hop
After Orchard purchased TVT last month, employees of the shuttered record company were forced to fend for themselves. Former TVT senior VP of promotion Joe Carvello used the label's transition as incentive to begin his own record label, Upstream Music Group LLC. » Full Story |
 | UJA-Federation Honors Bainwol, Sherman
July 15, 2008
- Record Labels
Recording Industry Association of America (RIAA) chairman/CEO Mitch Bainwol and RIAA president Cary Sherman were awarded today (July 15) with Music Visionary of the Year honors at an industry luncheon attended by more than 300 people at the Pierre Hotel in New York. » Full Story |
Veteran Manager Stu Sobol Dies
July 11, 2008
- Record Labels
Veteran music industry manager Stu Sobol died yesterday (July 10) after a struggle with complications from pneumonia. He was 50. His most recent clients included Three Days Grace, Seether, Hoobatank, Ryan Star, Hawthorne Heights, Emily Osment, Eve 6 and Skye Sweetnam. » Full Story |
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