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MORE ZAVVI STORES CLOSE The shops to go in the latest cuts are in Basingstoke, Belfast (Castlecourt), Cambridge, the Cheshire Oaks outlet village in Ellesmere Port, Crawley, Londonderry, Edinburgh (Gyle), Gateshead, Glasgow (Argyle St), Grimsby, Hull, London (Piccadilly Circus) Newry, Newtonabbey, Romford, Stevenage, Watford, and Woking. Probably the most significant closure is the branch on Piccadilly Circus. Although this was never the main Virgin Megastore in the capital, the site is pretty historic, it having being the London home of Tower Records for many years. A statement from administrators E&Y reads thus: "The Joint Administrators continue to work closely with the Insolvency Service's Redundancy Payment Office and Job Centre Plus to provide support and advice to all employees made redundant, including a fast track process for paying redundancy entitlements". -------------------------------------------------- SONY CORP COULD POST LOSSES OF A BILLION Although some analysts reckon the mainstream entertainment industry will probably be hit less than most by the recession (despite the current turmoil in music retail) as consumers turn to relatively cheap music, film, games and telly to cheer themselves up (instead of more expensive luxury goods or premium pursuits) the economic downturn is already having a big negative impact on those who make and sell consumer electronics, as consumers put off buying that new TV or camcorder amid fears of mounting job insecurity. For an entertainment conglom like Sony, whose electronics business is key, this is not good news. Although officially Sony, who will publish their third quarter financial report later this month, say talk of a billion dollar loss is idle speculation, Billboard's source seems certain the entertainment firm is looking at considerable losses instead of the $2 billion profit initially predicted for the current financial year. The rumours have already had a negative impact on Sony's share price, and that of their main rivals in the consumer electronics sector too, coming, as they do, alongside other reports of mounting stock piles of TVs etc as production starts to considerably exceed demand in the marketplace. Such stock piles, and the cost cutting which will be required to shift them, means the coming year could be just as difficult for Sony and their competitors. All of which means city types are likely to start demanding Sony Corp consider more radical downsizing and restructuring than that already proposed. 8000 full-time Sony employees are already expected to go, in addition to cutbacks likely to affect another 8000 casual workers and contractors. But some now think Sony will have to consider bigger cuts, and maybe the offloading of some of its business, to satisfy investors in the tricky financial year to come. It's not clear what of any of this means for Sony Music, though it does seem to be the conglom's electronics business that is struggling most, and therefore it will be that division that sees the biggest cutbacks. Sony Corp recently expanded its interests in recorded music, of course, by buying Bertelsmann out of the SonyBMG joint venture. Whether that deal will help or hinder its ability to overcome current economic woes remains to be seen. -------------------------------------------------- SPECULATION ABOUT THE FUTURE OF ZUNE The speculation seems to be based on comments made by Microsoft CEO Steve Ballmer in an interview with the Financial Times. According to Digital Music News, the paper says Ballmer "seemed all but ready to throw in the towel on the Zune device", partly because he feels the future of digital media devices is very much in the mobile phone space - ie it's the iPhone, a more consumer-focused Blackberry and mobile-come-music players from Nokia and Ericsson that will dominate. And Ballmer, the FT reckon, isn't keen about moving into the mobile phone hardware space. But, it should be noted that Zune's main marketing chief has responded to the speculation by saying that Microsoft remained "deeply committed" to its music device. He said that too much had been read into comments made by his CEO that the Zune content experience would, in the future, be accessible via platforms other than the player. Speaking to Wired, marketing man Adam Sohn said: "Steve said that we think the Zune device is not the only place you will access the Zune experience. That is spot on with our strategy. But a lot of people jumped to an 'either/or' when in fact it's a 'both/and' situation". No word from either Ballmer or Sohn on whether Microsoft ever plan to release the Zune player outside the US market. -------------------------------------------------- ZUTONS DROPPED Although the band's third album, released last year, peaked at number six in the album charts, the first single, 'Always Right Behind You', only reached number 26, while the follow-up 'What's Your Problem?' failed to chart. The band were also slightly blighted by the fact that the most popular version of any of their songs is Amy Winehouse's cover of 'Valerie', which was so successful that most people who saw The Zutons play it thought they were making a bad job of playing an Amy Winehouse song. The Zutons have refused to comment on the split. -------------------------------------------------- LIL KIM DOESN'T LIKE BIGGIE FILM The rapper claims: "The film studio and producers involved were more concerned about painting me as a 'character' to create a more interesting story line instead of a person with talent, self-respect and who was able to achieve her own career success through hard work. Even though my relationship with Big was at times very difficult and complicated (as with most relationships we have all experienced at one time or another), it was also genuine and built on great admiration and love for each other". She continues: "Regardless of the many lies in the movie and false portrayal of me to help carry a story line through, I will still continue to carry his legacy through my hard work and music." Responding unsympathetically to Kim's feelings on the matter, Biggie's mother Voletta Wallace said: "This is not a Lil' Kim movie. This is a Christopher Wallace movie. It has nothing to do with Lil' Kim. If she's disappointed and upset, that is her problem". -------------------------------------------------- GLOBAL RECESSION LINKED TO DAVID BOWIE Okay, stick with me here. As previously reported, back in 1997 Bowie realised that he was missing out on a whole load of money that was rightfully his - all the money he hadn't made yet. So, he came up with the idea of "Bowie Bonds", which saw the singer sell off the projected royalties from his first 25 albums for $55 million to the Prudential Insurance Company. So far, so good. Bowie has a big stack of cash, which he used to buy the publishing rights to his entire catalogue, and The Pru has a steady income from now until the end of time (or until sales of recorded music start to tail off, but that'll probably never happen, right?). So successful was the idea, that artists including James Brown and The Isley Brothers followed suit. As did banks. Although the banks weren't selling on future revenues from songs they recorded, they were selling on future revenues from mortgages, which is all well and good until large amounts of people start defaulting on those loans, leaving the new owners of the loans suddenly out of pocket in a big way. As we have now seen, this leads to what is now known as a credit crunch, where people realise all of that pretend money they bought isn't actually worth anything. So, if you're feeling the squeeze at the moment, you know who to blame. Bloody David Bowie. If it weren't for him, banks would be the ethical institutions we always knew them to be. They're just easily led astray, is all. Although, I should probably point out, it was a banker who originally suggested the bonds idea to Bowie. -------------------------------------------------- BEYONCE TRACK COULD CAUSE ECONOMIC COLLAPSE Yes, it's true. A study carried out at a New York University has discovered that the release of songs with more regular beats coincide with periods of economic volatility in the US. Professor of finance and risk engineering Phil Mayim says that low beat variance songs had an "inverse correlation with market turbulence". Explaining what a low beat variance song is, he told PRI Radio: "If it's a steady beat, the same beat, no matter if it's fast or slow, that's a low beat variance song. If it starts off slow and becomes fast and comes back down, that's a high beat variance". He says that the last market crash coincided with the popularity of A-Ha's 'Take On Me', which had a steady beat. So it's all their fault, too. HOPPUS DITHERS OVER BLINK 182 REUNION Hoppus is quoted as saying: "The future is wide open. Blink-182 wasn't manufactured by a label, and we weren't making music to make money or for fame. We were three friends in a band, writing music that we loved. That's where it began and ended. Before there's reunion talk, we need to get back to that point again. Actually, we would need to get beyond that point, to a place where you can say to someone, 'Hey, man, I'm not really feeling this', and be able to argue constructively about the music. Because that's where the best of Blink-182 came into being". He continued: "In short, we would need to get back to where we're all close enough friends and artists to be able to tell each other, respectfully, 'Suck it'. My final thought is this: If - and this is a big if - Blink-182 were ever to re-form, it would have to be the most amazing, ridiculous, mind-blowing show and tour ever. I feel like, as bitter as our break-up was, we stepped back at the top of our game, and we'd have to come back even stronger and better than before". -------------------------------------------------- MORRISSEY TO QUIT MUSIC Amen to that. SIXX SIGNS PUBLISHING DEAL WITH DOWNTOWN Downtown boss Justin Kalifowitz said this: "We are extremely honoured to represent the songs of Nikki Sixx, one of the greatest rock songwriters of our generation. Through this innovative partnership, Nikki's publishing copyrights and Motley's master recordings will now be marketed and promoted in lock-step. Combined with Eleven Seven's premier roster, we can now offer the licensing community a destination for the best in both iconic and contemporary rock music". Sixx added: "In a time of industry consolidation, signing with a boutique publisher who can focus on thousands of songs instead of millions is just smart business". SONIC YOUTH ALBUM SET FOR THIS SUMMER -------------------------------------------------- PRODIGY DISCUSS GROHL'S GUEST DRUMMING Speaking after filling in for Zane Lowe as part of his takeover thing on Radio 1 (where music c'lebs fill in on his show while he's on holiday), singer Keith Flint said of the collaboration: "We didn't do it to be us and Dave our rock buddy collaboration, but just as a friend of ours who does wicked drums that did a track with us". Bandmate Liam Howlett added: "We've known Dave for quite a few years. We haven't just phoned him up and said, 'Dave can you get on the record?' He just emailed to say he's finished his touring, he really loves drumming and wants to get back into [it]. He sent me some drums on a hard-drive with hope that it might inspire me to write a song - sure enough when I got the hard-drive it was really inspirational. It's good to hear him play the drums without any other instruments - people don't hear that. Within the first ten seconds of it being on I was like 'Yeah this is a song' - the track was born 'Run With The Wolves'". Speaking of the new album, their fifth, and the first release all three original members have appeared on since 1997, Howlett continued: "We're not officially back until it comes out but it feels good we're really behind our record. We hope people dig it, we're really proud of it". -------------------------------------------------- ALBARN TO PLAY GORILLAZ DEMOS TONIGHT A statement on the band's website says this: "The band has graciously given Damon the go-ahead to premiere some demos from the new record on air. The evening will also feature a replay of highlights from Blur and John Peels 'Peelacres' show". Other people set to take over Lowe's slot in the next week or so include Lily Allen, Razorlight and The Wombats. DOHERTY ANNOUNCES SOLO ALBUM DETAILS Recorded with producer Stephen Street, is features Blur guitarist Graham Coxon on all but one track, as well as guest appearances from Dot Allison and Babyshambles members Adam Ficek, Drew McConnell and Mick Whitnall. The album also features a cover of The Crocketts' song '1939 Returning'. Tracklist: U2, SPRINGSTEEN ETC, TO PERFORM AT PRESIDENTIAL CELEBRATION Executive producer George Stevens Jr has said that all the acts were extremely keen to perform at the event, once he'd been given the go ahead by the Presidential Inaugural Committee. He told the Associated Press: "On that first day, we asked Springsteen, Bono and Garth Brooks within a period of 45 minutes and got three `yeses'. The list of stars is impressive, but this is not a showbiz, glitzy occasion. It's going to be rooted in history, remembering the great president [Lincoln] who led us through difficult times". Elsewhere in inauguration celebration news, Sting and Elvis Costello are to appear at a charity concert marking the event on 20 Jan at Washington's Harman Center of the Arts. -------------------------------------------------- GALLOWS ANNOUNCE TOUR DATES For a sneak preview of what to expect from the new album, look here. Tour dates: ALBUM REVIEW: Emmy The Great - First Love (Close Harbour) Buy from iTunes TIMES SQUARE MEGASTORE TO CLOSE IN APRIL As previously reported, this has nothing to do with the high street doom and gloom that is impacting on retailers around the world, including former UK Megastore business Zavvi, but is the conclusion of the original plan held by the US Megastore chain's owners. As also previously reported, when the Virgin Group moved out of the music retail business in 2007 they sold their US stores to a joint venture between two real estate companies - the Related Cos and Vornado. It wasn't really any secret that their interest in the US Megastores was the prime retail sites they occupied rather than the business that went on in the shops. While the US Virgin Megastore business was doing pretty well by all accounts - the New York stores in particular - Related and Vornado could make more, and have more financial security, by leasing the sites out to other retailers. With that in mind, the flagship Times Square Megastore will close in April. The company's shop on Union Square will continue to trade as normal for the time being - and will be repositioned as the Megastore's primary base - though it's thought discussions are underway regarding leasing out that site to another retailer also. -------------------------------------------------- REALLY USEFUL MAN GOES TO EPIC Confirming the appointment, Nick Raphael told CMU: "We are delighted to have hired a creative executive whose career includes working with artists as diverse as Blur, Pet Shop Boys, Marc Almond, Dusty Springfield, Vanessa Mae and Andrew Lloyd Webber. His skills across all areas of music built up over the last 30 years working for publishers, record companies, and most recently, The Really Useful Group will be a great new asset for Epic and Sony Music". Lloyd Webber also had some nice things to say about his departing MD, something along the lines of: "Tris Penna has been a wonderful friend and loyal colleague at the Really Useful Group where we have enjoyed many successes together. We shall all miss him but we wish him the very best in his new role (and hope we can still take part in his fabulous pop quizzes)". -------------------------------------------------- SMITHS BASSIST JOINS MUSEBOX AS A&R DIRECTOR Says Rourke: "The MuseBox is an amazingly focused, driven and effective marketing firm. They are in this business purely for the love of music, and that alone makes this a great fit for me. I look forward to working with the team in finding and nurturing some talented newbies, taking them up level by level and helping them achieve their full potential as artists and professionals". God knows how he's going to have time for all that when The Smiths get back together and go on a world tour*. *The Smiths will never, ever reform. -------------------------------------------------- QUITE GREAT LAUNCH ROOTS DIVISION Confirming the new division, Quite Great MD Pete Bassett said this: "Over the past 12 years, we've worked with a number of country and roots artists, from big names such as Tim Mcgraw and Eileen Rose to smaller up and coming acts. The deal with Compass is an exciting move allowing us to further expand our activity in this area and we look forward to seeing what the year ahead brings". -------------------------------------------------- SNAPPER DO DEAL WITH PROPER Confirming the deal, Snapper MD Fred Jude told reporters: "During the short interval following the demise of Pinnacle it was flattering to have been courted by such a number of significant distributors, however we are happy to announce Proper Distribution as Snapper's new UK partner". Proper top man Malcolm Mills added: "I've known some of the guys at Snapper for over 30 years and am delighted to be working with them. I'm particularly pleased that one of the key reasons in their decision to choose Proper was the enthusiastic recommendation that retail gave us". -------------------------------------------------- KOCH SIGN UP NEW LABELS YOUTUBE MUTING UNCLEARED MUSIC IN USER-GENERATED VIDEOS -------------------------------------------------- MUZU ADD EMI VIDEOS INTO THE MIX Confirming the new deal with EMI, MUZU's Ciaran Bollard told CMU: "It is an exciting time for us at MUZU TV, opening the site globally, and adding some of the world's biggest artists to the music video catalogue through the agreement with EMI Music. These key milestones further demonstrate that MUZU TV is well on its way to becoming the de facto source for fans accessing music video while generating money for labels and bands when their video is accessed on or off the MUZU TV service. This deal also includes: behind the scenes, tour diaries, live and interview footage bringing fans closer to their favourite artists". EMI's VP digital biz development Ian Whitfield, meanwhile, added: "EMI Music's mission is to bring artists and fans together and create value wherever music is experienced. MUZU TV have shown that they are creating a destination that is appealing to fans and will drive a new revenue stream in the UK and Ireland for our artists and their great video content". -------------------------------------------------- MUSIC VIDEOGAME SALES DOWN Although the genre remains the most popular type of videogame currently, sales were reportedly down between 6-12% in 2008. The releases of 'Guitar Hero: World Tour' and 'Rock Band 2' were surrounded by much hype and while the former has shifted an impressive 1.5 million units in the US, this is actually down 55% on sales of the previous version, 'Guitar Hero III'. 'Rock Band 2', meanwhile, has sold 809,000 copies in the States. Competitors to those kings of music games, Disney's 'Ultimate Band', Konami's 'Rock Revolution' and Nintendo's really quite awful-looking 'Wii Music' fared even worse, suffering really rather poor sales, according to Variety. Analyst at Electronic Entertainment Design And Research, Jesse Divnich, wrote recently: "I do believe the music and rhythm category is definitely here to stay, and it will always have a large and loyal market base. I believe, however, we may have seen a peak in sales from the category". However, on a more upbeat note, some within the industry are saying that sales of tracks through games such as these are becoming a significant revenue stream and continue to grow. So, even if sales of the actual games levels off, the growth of in-game track sales could indeed become the money spinner many are hoping for. And with a Metallica edition of 'Guitar Hero' and Beatles edition of 'Rock Band' due for release this year, it remains to be seen how this story will turn out - with such big artists involved 2009 sales could be up on 2008. OC MAN TO SHOWCASE MUSIC THROUGH NEW WEB TV PROJECT Josh Schwartz, whose last TV venture helped launch a number of indie bands to a wider teen audience through its impressively eclectic soundtrack, is working on a new web-TV project for Warner Bros TV. Called 'Rockville', the show will be set in a music club, and feature regular cameos from new bands. As a web-TV show each episode of 'Rockville' will only run for a few minutes, meaning the average band will be on screen for fifteen seconds. However, the plan is to record full song performances from featured bands, and to make those performances available alongside the main programme. Talking to the Television Critics Association about the future of youth telly, and whether 'Rockville' type projects were the future, Schwartz said: "I don't know this is the final result, that we're [always] going to make five-minute episodes of things. But that's what makes this exciting". -------------------------------------------------- GLOBAL CUT ONLINE STAFF MTV2/MYSPACE CHART 1. [4] Oasis - I'm Outta Time Meanwhile, added to list for viewer voting this week are... Fall Out Boy - America's Suitehearts PERRY SPLIT TALK NOT RELATED TO SPLIT However, says Perry, this was not an outpouring of emotion about her current state of mind, rather an explanation of the song she was about to sing. She wrote on her blog: "I don't give statements about my personal life. The stories read about the things I say introducing some of my songs are merely to explain the forthcoming song. I enjoy being myself on stage and that's what you expect of me. I have made many of the same introductions before... just lately everyone's dissecting my every word. Understandable. When I wanna share something with the world, the world will know... otherwise, stop looking for a story, or an explanation". -------------------------------------------------- GAGA SAYS BURKE IS WANNABE GaGa says: "I did this the way you are supposed to. I played every club in New York and found myself as an artist. I learned how to survive as an artist and how to fail and then figure out who I was as a singer and performer. And I worked hard". -------------------------------------------------- FIDDY BETTER THAN LIL WAYNE, SAYS FIDDY The comment came after it emerged he has a dig at his rival in 'Play This On The Radio', a track from his forthcoming album. Reports claim that lyrics include this: "I'm on your heels, Mr Carter. I heard you. You want me to 'die ugly?' OK. Don't end up on the list, nigga. Be a missing person like Cam'ron, like Ja, like Joe. Who wants some?" Fiddy says that the verbal attack is a response to a Lil Wayne rap directed at him which went "I hope you die ugly, and tonight will be gorgeous". 50 Cent says that if Lil Wayne responds, he will "drop the bomb on his ass". He told Sirius Radio: "It's gonna be hard for me to get off him. He's a talented artist, but if you put him in a space when we're in direct competition, my consistency will break his neck". -------------------------------------------------- CLIFF THOUGHT OF SINGING SONGS FIRST, BACK OFF ROD The series of albums, recorded by Stewart, features classic American songs from the 1930s and 40s, but Cliff says he sang them all in 1962, so there's really no need for anyone to sing them again. Except him, obviously, because he heard them all first. Cliff told The Sun: "I chose all the big songs for the upcoming [Shadows] tour and for a couple I want to tell the public, 'Did you realise I sang those songs before Rod Stewart did?' ... I suddenly realised that in 1962 I had done similar kind of material with the Norrie Paramor Orchestra. Sorry Rod!" |
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