Warner Music has announced that it is cutting 400 jobs in response to quarterly losses that were larger than expected. The world’s fourth-largest music company reported a fiscal second-quarter net loss of $27 million, or 19 cents a share, compared with a loss of $7 million, or 5 cents a share, a year earlier.
“The recorded [...]
The cell phone industry must improve the mobile music experience for consumers or it risks losing out to new competitors like Apple, Warner Music Group CEO Edgar Bronfman Jr. warned Wednesday at the 3GSM World Congress.
According to Bronfman, although there are already millions of music phones available throughout the world, only about 8.8 percent of [...]
While Steve Jobs may have a vision for the future of digital music, Warner Music isn’t buying it.
The company said on Thursday it will keep anti-piracy copy protection for digital songs sold on services such as Apple Inc.’s iTunes Music Store. The company’s comments come two days after Apple Inc.’s chief executive Steve Jobs called [...]
Four major studios, Universal, 20th Century Fox, Paramount and Warner Bros, are reported to be pressuring Apple Computer are pressing Apple to make changes to iTunes before they will agree to make their films available via the iTunes Store.Currently, content on iTunes can be synced to an unlimited number of iPods. The studios want Apple [...]
Microsoft has announced that it will be giving a cut of the sales of its Zune portable music player to the Universal Music Group in order to create closer ties with record companies and steal market share away from Apple’s iPod. Microsoft has made similar offers to the other major labels.
If successful, Microsoft’s move could [...]
Warner Brothers has introduced a Justice League Heroes podcast and video podcast. the podcasts feature the prequel story to a Justice League Heroes videogame that is available on the PlayStation2 and Xbox game systems.
The game features features an original story from award-winning comic book and animation writer Dwayne McDuffie (Static Shock, Justice League, Teen Titans, [...]
One more reason YouTube as you know it is dead: YouTube cut deals with the major music labels shortly before closing their deal with Google, giving the music industry ownership stakes in YouTube in exchange for video and music licensing deals.
YouTube quietly cut deals with three of the four major RIAA member companies - Universal [...]
Warner Music Group and Brilliant Technologies Corporation today announced an agreement to offer music from Warner artists for streaming and limited download on Brilliant’s Qtrax legal peer-to-peer (P2P) music network.
Qtrax is an ad-supported P2P digital content distribution system designed to provide the legal sharing, distribution and intellectual property protection of content while driving new revenue [...]
Major label Warner Brother Records appears to be podcasting traditionally copyrighted music, from well-known artists, Under the Radar. Murmurs and whispers around the podosphere have hinted that Bands Under the Radar, described as “a music podcast featuring unsigned bands and indie artists,” is not “indie” at all, but is in fact a podcast being quietly [...]
Warner Bros and Apple today announced that programming from Warner Bros.’ television library is now available for purchase from the iTunes Music Store. The new content includes the popular sitcom Friends, sci-fi epic Babylon 5, popular sketches from MADtv, as well as The Jetsons and The Flintstones.Also available is the never-before-seen pilot episode of Aquaman, [...]
