News
Warner Brothers Narrows Losses Since Sale
Warner Brothers had to announce its current quarterly sales this week, the company's first since it was purchased by Access Industries. And apparently, the company is losing less money than it did in this time frame last year: The company posted $46 million in losses this quarter as opposed to $55 million this time last year. Apparently a lot of the gained revenue wasn't from increased sales, it was from the LimeWire settlement that the four majors scored against LimeWire, and for taking part in Spotify, and other streaming services. So, that's probably not as good news for artists on Warners, but good news if you want Warners to stay a record label. [HypeBot]
- Gucci Mane: "Scarface" F. Scarface
- Kanye West: City Planner? Amusment Park Designer?
- Ben Gibbard Disses Yankee Stadium And Fans
- The National: "The Rains of Castamere"
- Bridge From Red Hot Chili Peppers's "Under The Bridge" Finally Pinpointed
- M.I.A. Joins Jay-Z's Roc Nation Management
- Prefix Presents: Lotus Plaza Live At The Knitting Factory In Brooklyn
- Shlohmo: "The Way U Do" (Video)
- DIIV: "How Long Have You Known"
- Does This T.G.I. Friday's Ad Rip Off LCD Soundsystem?
- Beat Connection Details Debut Album, 'The Palace Garden,' Listen To First Single “The Palace Garden, 4am”
- Bruce Springsteen: "Rocky Ground" (Video)
- Lou Reed Gets New Genus Of Velvet Spider Named After Him
