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Court Revives Antitrust Suit Against Major Record Labels
New York
- A federal appeals court has reinstated a lawsuit that alleges the major
record labels have engaged in the fixing of prices and terms...
Music Streamer Pandora Achieved Profitability in Q4 2009
San Francisco
- Streaming music service Pandora became profitable during the fourth quarter
of 2009, the company's chief technology officer, Tom Conrad, told GigaOM.
"We became profitable...
eMusic Signs Warner Music Group; Eyes Streaming Service
New York
- Digital music service eMusic on Tuesday announced it has signed a licensing
deal with Warner Music Group (NYSE: WMG), which joins Sony Music...
Labels Petition Swedish Court Make Pirate Bay Pay Fines
Stockholm, Sweden - The four major record labels have petitioned
the courts in Sweden to compel two operators of file-sharing hub The Pirate Bay
to pay...
Arbitron CEO Resigns After Violating Company Policy
Columbia,
Md. - After just a year on the
job, Michael Skarzynski has resigned as the president and CEO of Arbitron after
the board of the radio...
Ad-supported Download Site FreeAllMusic Licenses Universal
Atlanta
- FreeAllMusic.com, an ad-supported music download service, announced on Monday
that it has signed a deal licensing major record label Universal Music Group's
catalog for its...
Spain Empowers Judges to Close Websites on Piracy Claims
Madrid - The government of Spain has approved
new legislation that will empower the country's courts to shutter or block
access to websites offering unauthorized downloads...
Universal Music Sues Grooveshark for Copyright Infringement
New York - Major record label Universal Music Group has sued
music download service Grooveshark, alleging that the site is offering pre-1972
Universal recordings for free,...
Ticketmaster, Live Nation Shareholders Vote to Approve Merger
West Hollywood,
Calif. - The shareholders of
Ticketmaster (NASD: TKTM) voted on Friday to approve the company's proposed merger with
concert promotion giant Live Nation (NYSE: LYV)....
Warner Music Gets $9 Million Return on Lala Investment
New York
- Major record label Warner Music Group (NYSE: WMG) saw at least a $9 million return on its
investment in music streaming service Lala when...
