Music Business Times Financial News Feed Informer http://feed.informer.com/images/fd.gif http://feed.informer.com/ http://app.feed.informer.com/digest3/J12S3LPXHM.html Respective post owners and feed distributors http://feed.informer.com/ Multi-billion-dollar transactions, including the buyout of GoDaddy.com and the sale of EMI Music Publishing, helped aid a 28% boost in the value of media transactions last year, according to a report from I-bank Berkery Noyes. Volume was up as well, with 389 deals struck during 2011, compared with 336 deals struck in 2010... http://blogs.wsj.com/privateequity/2012/02/07/the-morning-leverage-legislative-%E2%80%98time-bomb%E2%80%99-ticking-away-in-europe/ Delicious/mbtimes/mticker http://blogs.wsj.com/privateequity/2012/02/07/the-morning-leverage-legislative-%E2%80%98time-bomb%E2%80%99-ticking-away-in-europe/? Thu, 09 Feb 2012 02:36 GMT The deal moves Roxio’s products into Corel’s portfolio. Roxio is best known for software to create, edit, produce and play video and audio, including the Mac-user favorite Roxio Toast along with Roxio Creator, Roxio Game Capture, Roxio CinePlayer DVD Decoder and other titles. Corel also announced the first new product to emerge from the acquisition... http://www.dmwmedia.com/news/2012/02/08/roxio-now-belongs-to-corel Delicious/mbtimes/mticker http://www.dmwmedia.com/news/2012/02/08/roxio-now-belongs-to-corel? Thu, 09 Feb 2012 02:33 GMT Entrepreneurs and investors take note: iLike went from a leadership position in social music to nothingness in less than the span between summer Olympics. iLike was a trailblazer in connecting people with music they love. It allowed music fans to follow their favorite artists' music and tour dates as well as buy downloads. It released a mobile app in 2009 that allowed people to track the concerts of their favorite artists - TechCrunch called it a 'must-have' for people who keep tabs on their local music scenes. Also in 2009 the company partnered with Google to include streaming song clips in search results... http://www.billboard.biz/bbbiz/industry/digital-and-mobile/ilike-early-digital-music-trailblazer-officially-1006128952.story Delicious/mbtimes/mticker http://www.billboard.biz/bbbiz/industry/digital-and-mobile/ilike-early-digital-music-trailblazer-officially-1006128952.story? Thu, 09 Feb 2012 02:31 GMT Alvertis Isbell (Al Bell, ex-Chairman of Stax Records) owned two companies in the 1990s, music publisher Alvertis Music and label Bellmark Records. Bellmark allegedly gained the rights to Tag Team's 'Whoomp! (There It Is)' and Duice's 'Dazzey Duks,' and DM Records licensed the recordings in 1997. When Bellmark filed for bankruptcy two years later, DM bought the songs at the bankruptcy estate and gained rights to them. Alvertis Music did not declare bankruptcy along with Bellmark, and contends that DM then began using the songs in ways that violated Alvertis Music's rights... http://www.courthousenews.com/2012/02/07/43707.htm Delicious/mbtimes/mticker http://www.courthousenews.com/2012/02/07/43707.htm? Thu, 09 Feb 2012 02:22 GMT The Sony/Universal owned video site VEVO has been accused of unfair play in the US by Matt Pincus, the boss of indie publisher Songs Music Publishing. Pincus claims VEVO is failing to pay royalties to independent music publishers, despite recently boasting $150 million in revenues last year, and of having paid $100 million over to rights owners in its first two years in business... http://www.thecmuwebsite.com/article/vevo-accused-of-short-changing-indie-publishers/ Delicious/mbtimes/mticker http://www.thecmuwebsite.com/article/vevo-accused-of-short-changing-indie-publishers/? Thu, 09 Feb 2012 02:15 GMT The Czech Republic has stopped ratification of the controversial anti-counterfeiting trade agreement (Acta), becoming the second EU country to do so after Poland. 'We cannot accept under any circumstances, that civil liberties and free access to information are threatened in any way,' Prime Minister Petr Necas said... http://euobserver.com/22/115154 Delicious/mbtimes/mticker http://euobserver.com/22/115154? Thu, 09 Feb 2012 02:04 GMT When Drake used a midnight-hour drunk-dial from a female friend as the foundation for his single 'Marvin’s Room,' the bitter torch song became an instant hit on Twitter, sparked numerous covers and racked up millions of views on YouTube. But now the song is at the center of a new lawsuit. Ericka Lee claiming she had a relationship with Drizzy, alleges she was the voice on the phone that was used for the track.... http://latimesblogs.latimes.com/music_blog/2012/02/drake-no-merit-to-marvins-room-lawsuit.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PopHiss+%28Pop+%26+Hiss+Music+Blog%29 Delicious/mbtimes/mticker http://latimesblogs.latimes.com/music_blog/2012/02/drake-no-merit-to-marvins-room-lawsuit.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PopHiss+%28Pop+%26+Hiss+Music+Blog%29? Wed, 08 Feb 2012 01:47 GMT In a wholly unsurprising and redundant turn of events, Courtney Love is threatening a lawsuit against whomever leaked details contained in deposition papers her daughter filed against her to addiction site the Fix and its editor, Maer Roshan. Roshan recently published an ebook about Love that highlights information from Frances Bean Cobain's filing for a restraining order. The details, it should go without saying, are not pretty... http://www.spin.com/articles/courtney-love-plans-suit-over-unflattering-legal-leak Delicious/mbtimes/mticker http://www.spin.com/articles/courtney-love-plans-suit-over-unflattering-legal-leak? Wed, 08 Feb 2012 01:41 GMT Warner Music Group Chairman Edgar Bronfman, Jr. is a big fan of Spotify. In what was likely his final interview before leaving Warner Music, Bronfman defended Spotify's ability to drive more value for artists and labels. 'Everywhere we look, Spotify is incrementally positive,' Bronfman said. He noted that the streaming music startup is 'a real and growing revenue stream.' Bronfman claimed that part of the success comes from a deal that Warner Music helped to negotiate that passed on more value to labels and artists. 'They have Warner Music to thank for a much better economic deal. We insisted on a much stronger deal and refused to sign unless we got that deal,' he said... http://gigaom.com/2012/01/31/bronfman-spotify/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+OmMalik+%28GigaOM%3A+Tech%29 Delicious/mbtimes/mticker http://gigaom.com/2012/01/31/bronfman-spotify/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+OmMalik+%28GigaOM%3A+Tech%29? Wed, 08 Feb 2012 01:31 GMT For the embattled music industry, hope lies inside a small corner store in the City Heights section of San Diego. In a neighborhood chock-full of Mexican, Vietnamese and Somalian restaurants, Larry Woelfel, a 40-year-old unemployed lab technician, waited with two dozen customers to buy cellphones and service from a San Diego company called Cricket Wireless. By also signing up for Cricket's MuveMusic digital music service, Woelfel illustrates Cricket's emergence as one of the music industry's best hopes for tapping a vast underserved audience... http://www.latimes.com/business/la-fi-ct-cricket-20120207,0,2200481.story Delicious/mbtimes/mticker http://www.latimes.com/business/la-fi-ct-cricket-20120207,0,2200481.story? Wed, 08 Feb 2012 00:50 GMT