Media and Money

Posts Tagged ‘music

(PRNEWSWIRE) MTV turned New York City inside out for the “2009 Video Music Awards” as the network celebrated a legend and brought together the biggest names in music, TV, film and sports. Live from Radio City Music Hall, VMA icon Madonna opened the show and introduced the emotional and heartfelt tribute to Michael Jackson. Janet Jackson was joined onstage by the most renowned choreographers in the world and Michael’s tour dancers, all of whom were influenced by the “King of Pop,” for a memorable and high energy performance. To honor her brother and his illustrious career, the dancers recreated some of his most memorable music videos including “Thriller,” “Bad,” “Smooth Criminal” and “Scream.” The celebration received a standing ovation and set the tone for the most important evening in music and pop culture.

Always controversial, British comedian Russell Brand pushed the envelope as he had fun with a slew of new stars and charmed the ladies. Aerosmith’s Joe Perry and popstar Katy Perry helped Russell kick-off his hosting duties in a big way with a light infused performance of the classic rock anthem by Queen, “We Will Rock You.”
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THE BLACK EYED PEAS have tied Usher’s record for the longest successive stay at the top of the Billboard Hot 100 chart with 19 consecutive weeks at #1. “I Gotta Feeling” holds at #1 for 7 weeks and “Boom Boom Pow” spent 12 weeks at #1. This is the longest consecutive stay by a duo or group in the Billboard charts 51 year history. The Black Eyed Peas bypassed Boyz II Men’s 1994 record for successive stay at the top by a duo or group when they hit 17 weeks at #1. The Black Eyed Peas are also the first duo or group with consecutive #1’s on the Mainstream Top 40 chart since Maroon 5 in 2004.

“I Gotta Feeling,” the second single from The E.N.D., sits at #1 on the Top 40 chart. Since its release seven weeks ago, “I Gotta Feeling” has sold over 1.95 million digital downloads. Their first single “Boom Boom Pow” spent 6 weeks at #1 on the Top 40 chart and has sold over 3.8 million digital downloads. “Boom Boom Pow” is the # 1 track on the Nielsen SoundScan’s Year To Date digital tracks chart for 2009.

THE E.N.D., the fifth release from the three-time Grammy Award winning, multi-platinum Interscope recording artist, The Black Eyed Peas, entered the Billboard Top 200 chart at #1 with the group’s highest debut of their career with 304,109 in first-week sales. The E.N.D. is currently #4 on the Billboard Top 200 Chart.

Rolling Stone calls THE E.N.D., “the best thing the Black Eyed Peas have ever recorded” and Entertainment Weekly raves, “pure Top 40 nirvana.” USA Today confirms “it’s booming, electrified pop with plenty of Pow.” Rolling Stone calls “Boom Boom Pow” one of the best summer jams of the past 20 years and People lists “I Gotta Feeling” as their summer pick.

The E.N.D. is The Black Eyed Peas follow up to their 2005 release Monkey Business. With worldwide sales of more than 9 million copies, Monkey Business generated Grammy Awards for “Don’t Phunk With My Heart” and “My Humps.” The Black Eyed Peas have sold over 27 million cds worldwide.

SIRIUS XM Radio announced that it will launch The Woodstock Channel to celebrate the 40th anniversary of the Woodstock Music & Art Fair held at Max Yasgur’s farm in Bethel, New York in 1969.

The Woodstock Channel will launch on Friday, August 14, at 12:00 pm ET and air through Sunday, August 16 on Deep Tracks, SIRIUS channel 16 and XM channel 40, and will be devoted to the historic music festival featuring music, interviews and memories from the artists who were there, including Graham Nash, Leslie West, Arlo Guthrie, The Band, Creedence Clearwater Revival and Joe Cocker.
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By Adam Satariano, Bloomberg.com

Michael-Jackson--Album-CoversMichael Jackson, the Grateful Dead and “The Sound of Music” are finding new fans in pension funds, private equity and banks convinced that old hits will play on as technology expands the way people use music.

Competition is increasing for music publishing catalogs and the income they generate from stores, radio and Web play, ads and movies. Last month KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, bought a majority stake in Bertelsmann AG’s music-rights unit.

Unlike recorded music, publishing is buffered from falling CD sales by its more diverse revenue sources. Owners can earn cash returns of 7 percent to 20 percent or more a year, depending on the songs and how they’re marketed, investors and dealmakers say. Jackson’s June 25 death has heightened interest in his stake in a catalog that includes Beatles tracks.
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Apple-Marbles
The four largest record labels: EMI, Sony Music, Warner Music are working with Apple Inc. to increase sales of digital albums by promoting extra features such as videos and interactive cover notes according to an article from Bloomberg.com.

The project, codenamed “cocktail,” is designed to encourage consumers to buy more albums. Material packaged as digital “deluxe” albums, may be introduced by September. Apple wants to make bigger purchases more compelling by creating a new type of interactive album material, including photos, lyric sheets and liner notes that allow users to click through to items that they find most interesting. Consumers would be able to play songs directly from the interactive book without clicking back into Apple’s iTunes software, executives said.

The discussions mark a push to entice music fans into paying for additional material. U.S. album sales have fallen 45 percent since 2000, according to Nielsen SoundScan, the New York-based research firm. More than 8 billion songs have been sold through iTunes says Peter Oppenheimer, Apple’s chief financial officer, said on a conference call this month.

Here are five reasons why Apple Cocktail could be great for the record industry:
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