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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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"The best music business training event I have attended; relevant and up to date, your knowledge of and enthusiasm for the industry is simply exceptional" from delegate feedback We are currently taking bookings for the following CMU TRAINING courses: MUSIC BUSINESS MODELS – MAKING MONEY, FINDING INVESTMENT How to make money out of music – both now and in the future, with a look at alternative investment and revenue streams, and a new approach to monetising artists and their music. Wed 7 Sep For more information or to book visit www.theCMUwebsite.com/training |
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![]() ![]() ![]() COULD EMI GO FOR £2.5 BILLION? As previously reported, Citigroup started taking serious bids for the London-based music major last month, hoping it too would enjoy higher than expected interest from possible bidders, as Warner Music did when it was put up for sale at the start of the year. Many of the entertainment groups and equity firms that bid for Warner are expected to also make a bid for EMI, including Access Industries, which won the battle to acquire the Warner Music business. According to the Financial Times, between four and six groups have put in offers to buy EMI outright, while additional bidders have expressed an interest in buying either the firm's recordings business or its publishing catalogue. The latter is particularly sought after. Although Citigroup has previously said it would prefer to sell EMI as a going concern, something current boss Roger Faxon obviously wants to happen, some experts reckon Citigroup could make more money from a split sale. BMG getting publishing and Warner/Access the recordings is still being mooted as a possible outcome, though BMG in particular could be outbid. While a £2.5 billion deal does seem very ambitious, insiders have told the FT that EMI is likely to fetch more than Warner, and that Citigroup is increasingly optimistic about the amount of cash the deal could generate. ![]() ![]() ![]() MUSICIANS SUE OVER GRAMMY CATEGORY MERGING As previously reported, as part of various changes planned for next year's big awards weekend, some instrumental categories at the Grammys are being phased out, and Hawaiian, Native American, Zydeco/Cajun and polka gongs are being merged into a 'regional roots' award. Artists active in affected genres have been grumbling with increasing volume on this issue, and this week musicians Bobby Sanabria and Mark Levine filed a lawsuit in New York in a bid to force Grammy bosses to reconsider. Don't ask me on what legal grounds, it sounds more like a publicity stunt to me. Certainly their lawyer Roger Maldonado was stronger on rhetoric than legal argument, telling reporters: "They [Academy bosses] shouldn't have done this. Not only does it devalue the category of music and the work these musicians do, it makes it much harder for them to gain recognition. The concern is by lumping several categories together, it makes it much easier for larger record labels and those artists who have already gained recognition to dominate. Even being nominated for the award has enormous value for these musicians". Grammy organiser the Recording Academy called the lawsuit "frivolous". Which is probably correct. But I like frivolity. Who's up for suing the BRITs? I demand the reinstatement of the 'Best Group Called Steps' Award, which was last presented in 2000. To Steps. ![]() ![]() ![]() KINGS OF LEON MAN URGED TO SEEK HELP Actually, members of the band are saying that. As you may remember, after the band cut short a show on Friday and cancelled another the following day, bassist Jared Followill said in response to the official line: "There are problems in our band bigger than not drinking enough Gatorade ... There are internal sicknesses and problems that have needed to be addressed". Now some are claiming to know what those "internal sicknesses" are. Well, a couple of unnamed sources have been claiming such to Us Magazine. The first said: "They are trying to get Caleb to go to rehab. It is mostly for alcohol". The second added: "It's true. Caleb's drinking is out of control and they are trying to get him into rehab. It's a dark demon he has been fighting for a while". A rep for the band denied these claims, saying: "Caleb is under doctor's orders for vocal rest. They feel terrible about [calling off the tour]. They look forward to getting back on the road at the end of September". MUSIC PRODUCERS GUILD AWARDS NOMINATIONS OPEN Once the nominations are in, MPG members will vote to draw up shortlists in each category, which will then be judged by a panel of producers, engineers, artists, artist managers, A&R representatives, music journalists and radio presenters. You can enter submissions until 16 Sep at www.mpgawards.co.uk. ARAB STRAP COVER SLOW CLUB Explaining that he'd been asked by Slow Club's Rebecca Taylor to remix or cover their latest single, Moffat said: "I decided against a remix; I couldn't see how I could make it work. So my only option was a cover, but there's no way my voice could sing this song without sapping the fun from it. And then I remembered an old Arab Strap joke we used to make, about how we'd take someone else's song and just add a drum machine, slow it down and make it miserable, and hey presto, it's an Arab Strap cover". He continued: "So, I decided it could be fun to make it sound like a recording my old band made years ago, but I couldn't possibly do that without Malcolm Middleton, and we've been professionally separated for five years now. But I asked him if he fancied it, and he did, and that's all there was to it. It's not an Arab Strap performance as such, rather it's the two guys who used to be Arab Strap recording their own, informed pastiche; think of it as an extremely accurate tribute band. Like the song itself, it was good fun, but it's not as good as the original". Listen to the results, here: soundcloud.com/thequietus/aidan-moffat-malcolm-middleton -------------------------------------------------- BREAKING BENJAMIN SUES BANDMATES OVER REMIX According to court documents filed by Burnley in June, seen by Pennsylvania newspaper The Citizens' Voice, he claims that earlier this year Klepaski and Fincke began making decisions on behalf of the band without his authorisation. Said decisions included agreeing to the release of a greatest hits and rarities compilation (due out later this month) and to allow their song 'Blow Me Away' to be remixed and remastered for that release, in exchange for $100,000. When released in June, the reworked version of the song reached number fourteen in Billboard's Hot Mainstream Rock Tracks chart. Klepaski and Fincke, meanwhile, argue that they no longer had to seek Burnley's permission as he has refused to tour since June last year, due to undisclosed health problems. They say this invalidates a partnership agreement they had previously signed in 2009. Burnley is seeking a minimum of $750,000 in damages. This week, he also succeeded in having the case referred to arbitration, rather than being heard in open court, which means the rest of the case will be heard behind closed doors. The frontman's lawyer told The Citizen's Voice: "The court declined to accept [Klepaski and Fincke's] version of the facts. The court rejected their contentions". In an earlier statement, the band's label, Hollywood Records, said: "[The compilation was produced] with the awareness of all of the members of Breaking Benjamin. We're extremely excited about this collection, which is a fan's dream". MGMT ANNOUNCE LATENIGHTTALES COMPILATION The band's Andrew VanWyngarden and Ben Goldwasser's selections are as eclectic as you might hope, featuring everything from The Television Personalities to 60's Christian folk singer Dave Bixby. The band themselves also contribute an exclusive Bauhaus cover, and the mix is completed by the second part of Paul Morley's short story, 'Lost For Words' (part one having appeared on Trentemøller's recently released contribution to the series). The compilation will be released on 3 Oct, and the tracklist is as follows: Disco Inferno - Can't See Through It -------------------------------------------------- BOMBAY BICYCLE CLUB ANNOUNCE NEW LP, PLAN TO STREAM ACOUSTIC SHOW back to top THE DILLINGER ESCAPE PLAN LAUNCH NEW MULTIMEDIA SITE ![]() ![]() ![]() RAEKWON CASTS CEE LO IN FORTHCOMING BIOPIC NERO ANNOUNCE TOUR DATES back to top IS TROPICAL ANNOUNCE UK TOUR Tour dates: 20 Sep: Southampton, Joiners SINGLE REVIEW: Chromeo feat Solange Knowles - When The Night Falls (Back Yard Recordings) MUSICIANS' UNION TO CAMPAIGN FOR PRIVATE COPY LEVY MU General Secretary John Smith told CMU: "We are not opposed to the introduction of an exception for format shifting, as long as a system of fair compensation for rights holders is brought in alongside it. This would bring the UK in line with most other European countries, where such levy systems already exist". Well, except when consumers buy that content. -------------------------------------------------- WEB VIDEO ADVERTISING BOOSTS SALES FOR BEADY EYE In a test of the ads' effectiveness, all other advertising and promotion was suspended for a period of time. Engagements were then measured against total album sales, which reportedly produced an 80% uplift in sales. SEAN KINGSTON WILL JET SKI AGAIN As previously reported, Kingston and a female passenger were injured when the singer lost control of his "watercraft" and hit the side of the Miami Bridge. He suffered a shattered wrist, a broken jaw and water in his lung in the accident, as well as a torn aorta, which was only discovered as he was preparing to leave hospital. The latter injury caused his lungs to fill with blood and required immediate open heart surgery. But speaking to MTV this week Kingston was upbeat, saying his time spent recuperating had allowed him to think about new songs, adding: "I'm definitely going to be jet skiing again. I have to overcome my fear. It wasn't the jet ski, it was not knowing the area". |
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