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WHAT IS THIS? The CMU Daily - to which you are subscribed. Unsubscribe information is at the end. NOTE: Make sure you 'enable images' to see this e-bulletin properly. CLICK HERE to read this online. |
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![]() ![]() ![]() SUPREME COURT DECLINES TO REVIEW APPEAL COURT'S STARR V SONY DECISION A group of American consumers led by Kevin Starr (well, his name comes first on the court papers) launched a class action lawsuit against the four majors a few years back, alleging that the big players of the US record industry - controlling, as they do, about 80% of the market - had colluded to keep the wholesale price for digital downloads at 70 cents and, in doing so, had broken the country's competition, or anti-trust, laws. In 2008, a federal judge dismissed the lawsuit, ruling the plaintiffs had not presented enough evidence for an anti-trust case to be fully heard in court. But Starr et al appealed, and last year the US Appeals Court in New York ruled in their favour, declaring there were enough facts on the table to at least allege there had indeed been an antitrust price fixing conspiracy. The appeals court ordered the original judge to reconsider the case. Legal reps for the majors quickly scurried to the US Supreme Court, arguing the appeals court had got it wrong, and that the plaintiffs simply lacked sufficient evidence for their case to be considered anew. But the Supreme Court yesterday declined, without explanation, to review the lower appeal court's ruling, meaning the anti-trust case will presumably now return to the original judge for new consideration. Fun times. -------------------------------------------------- MORE EMI CHATTER - COULD BMG BUY THE WHOLE CABOODLE? As previously reported, EMI will almost certainly need a £100 million+ cash injection from Terra Firma later this Spring to meet the covenants of the major music firm's loan agreement with Citigroup, the loan agreement put in place by the equity firm when it bought the music company in 2007. Everyone seems certain that Terra Firma's financial backers won't let the equity group provide that cash injection, thus allowing Citigroup to take ownership of EMI so to sell it off and recoup (some of) the money it is owed. Recent gossip, including that reported in The Observer last weekend, has said that this is now such a certain eventuality that Terra Firma is negotiating with Citigroup to enable the hand over and sell off sooner rather than later. But a Terra Firma source told Music Week yesterday that all such talk is a nonsense, and that nothing will happen regarding the equity group's ownership of EMI until March at the earliest. So, eight weeks then. March is when EMI's financial position regards the aforementioned covenants will next be reviewed, and therefore when the expected breach will actually come into effect. Oh well, whatever, that'll be a few extra weeks for us journalists and commentators to participate in some wild and slightly idle speculation, which is how we get our kicks. Speculation like this. Sources have told the Telegraph that BMG and its private equity backers KKR may now bid for the whole of EMI, which everyone seems to think will cost £1.5 billion when it goes on the block. As previously reported, it has long been assumed BMG/KKR would bid for the EMI publishing business, leaving the less lucrative EMI record labels for someone else. But then last month BMG boss man Hartwig Masuch said he was actually more interested in EMI's recording catalogues. And now the Telegraph's sources are predicting that BMG will bid for the whole of EMI, publishing and recordings. They add that BMG is mainly interested in EMI's master recording archives rather than the company's active labels, or its actually rather successful distribution and label services business, both of which could be sold off once EMI belongs to BMG. Still, all such talk is possibly jumping the gun for the time being. ![]() ![]() ![]() RAMMSTEIN DID NOT APPEAR ON APOCALYPTICA'S 2007 ALBUM, OK? Sony's marketing for the album, called 'World's Collide', claimed that Rammstein appeared on the record. In fact, it was only Rammstein frontman Till Lindemann who guested. A technicality you might think, but the German metal band argued that the advertising infringed their trademark in the Rammstein name, because it was used without their permission. And a court in Berlin has agreed, resulting in a rather nice pay day for the Rammsteiners. -------------------------------------------------- ELVIS SUES CHRYSALIS Elvis Presley Enterprises, the company co-owned by Robert FX Silverman's CKX Inc and Lisa Marie Presley, is suing the London-based music publisher over allegations it has underpaid them $5 million in royalties collected from Elvis's songwriting credits. EPE has a 50% interest in Presley's publishing catalogue, which is managed by Chrysalis. They say that an audit of Chrysalis' administration of those copyrights revealed various underpayments and other concerns. Their lawsuit says they have been negotiating with Chrysalis for five years in relation to this dispute, but without reaching a satisfactory agreement. DAVE GROHL NAMED NME GODLIKE GENIUS The Foo Fighters frontman and former Nirvana drummer said of the award: "It's really flattering and really good company to be in. It's a nice thing to be acknowledged for doing something that you love to do, but in truth I don't consider it a body of work because I don't consider it work, I just consider it this incredible luxury that I get to play music and travel the world and feed my kids. It's pretty great. Awards and lists can get silly sometimes but I'm very appreciative of this. It's really cool to be called a godlike genius!" NME editor Krissi Murison added: "An NME Godlike Genius is a very rare thing. To qualify, an artist must not only be a musical visionary, have an unparalleled legacy and a decade-spanning career, but also still be meaningful to young bands and music fans today. Whether it's headlining the world's greatest festivals, staging his own mega-gigs, releasing a series of hugely successful albums, collaborating with everyone from The Prodigy to Paul McCartney or still surprising fans with projects like Them Crooked Vultures, Dave Grohl is at the centre of everything interesting that is happening in music". She continued: "But the Godlike Genius Award is no victory lap. It marks recognition of a stellar career thus far, and signals there's a lot more to come. With a new Foo Fighters album, festival appearances and giant gigs around the globe booked this year, the NME is recognising an artist who is still in his ascendancy and one we confidently predict will dominate music for a long time yet". Grohl will collect his godlike gong at the NME Awards at Brixton Academy on 23 Feb before running through a few songs with the rest of the Foo Fighters. Should be better than last year when they gave it to Paul Weller. ![]() ![]() ![]() REZNOR TO SOUNDTRACK DRAGON TATTOO Speaking to the New York Times last week, Reznor said that the recording of the score would be a departure from his usual work, as all instruments will be played live with nothing programmed. 'The Girl With The Dragon Tattoo' film is due for release in December. ![]() ![]() ![]() WAGON CHRIST ANNOUNCES NEW ALBUM Here's the full tracklist: Introfunktion -------------------------------------------------- DOES IT OFFEND YOU, YEAH? ANNOUNCE NEW ALBUM Having gone through some line-up changes since the release of debut album 'You Have No Idea What You're Getting Into' in 2008, the band's Dan Coop says that they're also still experimenting with their sound, explaining: "This is our break-out album. It has got balls-out angry stuff and serene melancholic, quite depressing stuff as well. We'd rather show all our hands like that rather than write a whole album that sounds the same". The tracklist is as follows: We Are The Dead ![]() ![]() ![]() JLS REPORTEDLY MAKING 3D MOVIE According to a source who spoke to The Sun recently: "It's the next logical step. JLS have a huge fanbase who are bound to lap this up and see the film over and over again in the cinema, as well as buying it when it comes out on DVD. The lads can't wait to start shooting". I was going to make a joke about JLS condoms and 3D, but I won't. Here are my reasons for this decision: 1) It's a bit obvious CANADIAN BLAST BRINGS CAPE BRETON SOUND TO THE UK The shows will feature rock from The Tom Fun Orchestra and Carmen Townsend, traditional Cape Breton music from The Beaton Sisters, and contemporary takes on the traditional from violin player Gillian Boucher and The Colin Grant Band, who mix in rock and funk. You can download or stream a free compilation of tracks from all five artists at www.cbmic.ca/canadianblast Tour dates: 31 Jan: Manchester, Trof ![]() ![]() ![]() IS DOUG MORRIS MEETING VIVENDI TO DISCUSS SONY MOVE? Morris, of course, has been in the process of stepping down as day to day CEO of Universal for a year now. New chief Lucian Grainge took over sole executive control of the world's biggest music firm at the start of the month, but the plan has always been for long time Universal exec Morris to stay on in the back seat Chairman's role. But, as previously reported, the CEO's job is due to come vacant at Sony Music this year, and rumours are rife that Sony Corp will bring in someone from outside its music company to take over the top job there, fearing that promoting from within its US record companies will reinvigorate tensions between the old Sony brigade and the old BMG brigade, which continue despite it being nearly seven years since the SonyBMG merger. 72 year old Morris has been linked to the Sony top job since last month, with some commentators noting that a back seat Chairman's role, like that he now has at Universal, isn't really Morris's style. Bloomberg's sources say talks between Morris and Sony are ongoing, hence his need to sound out his current employers about exiting his Universal role early. -------------------------------------------------- MIA CALLS FOR SPEEDIER ACTION ON LIVE LICENSING REFORM MIA says that 75% of stakeholders in live music, including the local councils which licence live events, support a change in the current licensing system, which was put in place by the 2003 act. After numerous reviews of the new licensing rules, MIA says change is needed quickly to make it easier to stage low key grass roots music events. As previously reported, a private members bill put forward by Liberal Lord Tim Clement-Jones under the last government addresses many of the issues live music campaigners have raised. He resubmitted his proposals to parliament after last year's General Election, but they are still someway off becoming law, currently awaiting a second reading in the House Of Lords. The government, of course, has the power to speed up the passing of Clement-Jones' bill, or something similar. MIA boss Paul McManus tells CMU: "We are increasingly frustrated by the failure by government to act on this matter. With growing evidence of the damage being done to venues up and down the country, we think it is about time these amendments were made into law. Live music is the lifeblood of the music industry, and small venues are often the first chance a young or new musician gets to perform and we must do all we can to ensure government legislation does not frustrate this". -------------------------------------------------- WASTED YOUTH AND ALL PRESS PARTNER Confirming the partnership, Pearson and Klop told CMU: "We are excited that we can provide something unique for every artist, as we have a team who are cross genre specialists, with a depth of knowledge and passion for music and the arts. Nothing is cut and dry or cut and paste about what we do, it is about original thought which creates unique opportunities, catering for our clients' individual needs". The alliance comes as Anna Mears, formerly of Dog Day Press, joins Wasted Youth. ![]() ![]() ![]() MYSPACE CUTS EXPECTED TODAY As previously reported, rumours that News Corp-owned MySpace could shed up to half of its workforce began circulating online over the Christmas break. The one time king of social networking has been struggling for some time as both web traffic and ad revenues slump, with Facebook and Twitter now dominating in what was MySpace's traditional territory. Attempts to reposition as an music and entertainment sharing portal have not, as yet, really delivered. As also previously reported, there has been increasing speculation that Rupert Murdoch's News Corp is hoping to sell its flagging web business, and some reckon the axing of half of the firm's 1100 staff may be designed to make the company more attractive to potential buyers. According to reports, the cuts will be confirmed today, at 5pm London time. Ahead of that announcement, it emerged yesterday that MySpace's VP of Commerical, Simon Daglish, has already jumped ship to ITV. -------------------------------------------------- SOUNDCLOUD CONFIRM NEW INVESTORS AND BOARD MEMBERS There have been rumours for a while venture capitalists put up to $10 million into SoundCloud last year. Although not commenting on how much cash was involved, a SoundCloud blog post this weekend did confirm that Union Square's Fred Wilson and Index's Mike Volpi were now sitting on the tech company's board of directors. The new investment in the Berlin-based company will in part allow further expansion into the US market. SoundCloud certainly grew considerably in both profile and user-base in 2010, and some reckon that if MySpace does go down this year it will be SoundCloud that bands drift to for audio streaming. That said, at the moment SoundCloud's revenue is mainly based on upselling premium services to content owners, rather than monetising traffic that comes to preview content. The drain on bandwidth, and the inevitable demands that the company takes on responsibility for the publishing royalties associated with streaming, that would probably come with being the primary preview platform of choice for all bands might require a new or altered business model for SoundCloud. Though with that big investment in place, perhaps that's already underway. And perhaps last week's announcement that SoundCloud would now be using Audible Magic's fingerprinting technology to determine copyright ownership of the music being streamed on its servers was a sign of that fact. ![]() ![]() ![]() WHEN CHURCH MET Z But from that interview, I preferred the one time child star's retelling of the time she met Jay-Z to her royal ramblings. Church revealed she met the rapper at the 1999 MTV VMAs. She was thirteen and a big fan of Jay's, so was very excited when he walked up to her and said: "I'm a really big fan of yours and I can't wait to hear you perform later". It was an exciting moment, slightly ruined by Church's mother who, once Mr Z had turned away, but while he was still very much in ear shot, asked her daughter rather loudly: "Who the fuck is that?'" -------------------------------------------------- DEF LEPPARD TRIBUTE ACT SEEKS ONE-ARMED DRUMMER The handwritten ad, a picture of which was posted on music blog Exile On Moan Street last week, reads, "Dallas, Texas' hottest Def Leppard tribute band is seeking one arm drummer (no prosthetics). Must have pro gear, flame retardant kit and stick". This band should not be confused with a Californian Def Leppard tribute act of the same name, who have issued this statement on the matter: "Seems there is a Def Leppard tribute band in Dallas who call themselves Pyromania and are looking for a one-armed drummer. We wanted to set the record straight that we have nothing to do with this ad and we are not looking for a drummer and feel it is in VERY BAD TASTE! We have much respect for Rick Allen and Def Leppard and we have a great love and honour for their music. Please do not confuse us with this complete disgusting and disrespectful behaviour". Hmm, if I'd known in advance that it was in such poor taste, I probably wouldn't have said all that stuff about cutting my own arm off. Oh well, nothing I can do about it now. -------------------------------------------------- MARINA NOT HAPPY WITH CAREER SO FAR In an interview with Undercover.fm published last week, she said: "I feel more like a failure than a success. I haven't done anything I want to do. For someone who wants to be one of the best artists of her generation, I've done fuck all ... I'm pissed off I'm not bigger. [My American fanbase has] been built purely on me and my online presence. The label haven't really promoted me at all". In November, Diamandis cancelled a US tour, due to begin later this month, to concentrate on her second album, which she said "will be all about the lyrics", adding: "It's quite political and it's about feminism and sex. It's an abrasive pop record". After a rush of criticism of her remarks as the interview spread its way across the internet, Diamandis tweeted: "Oh, I am terribly sorry for saying what I really feel in an interview. How obnoxious of me. I'll just lie and grin and nod like others to coax you into believing I am a 'nice' person. Drive has no relation to grace". I like her, she's fun. |
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