by Bram Teitelman | Jun 3, 2009 | Gloom And Doom
In another sad reminder of both print media and radio’s troubling times, after 35 years, music industry trade magazine R&R (which stood for Radio & Records) has ceased publication, effective immediately. The magazine’s radio airplay charts were the...
by Metal Insider | May 29, 2009 | Gloom And Doom
The Wall Street Journal is reporting EMI could be looking at more tough times, as owner Terra Firma Capital has invested an additional $45 million in the label group, the second time it has had to re-invest in the last six months. This additional capital will keep EMI...
by Bram Teitelman | May 28, 2009 | Gloom And Doom
German label SPV, home to many excellent bands including Kreator, Motorhead and Saxon, has declared itself insolvent, the German equivalent of filing for Chapter 11 bankruptcy protection in the US. Billboard.biz reports that managing partner Manfred Schutz and...
by Metal Insider | May 22, 2009 | Gloom And Doom
Time Magazine compiled a list of the 10 worst tech failures this decade, and the music was unsurprisingly represented with YouTube, SiriusXM and Zune making the cut. To be fair, each of those still have relatively strong brands and aren’t completely down for the...
by Metal Insider | May 12, 2009 | Gloom And Doom
While the collapse of the American auto industry is often depicted as the sign of a coming economic apocalypse, let’s not forget how it directly affects a music business entity. Sirius and XM have always depended on deals with carmakers to bring in new...