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Dates: during 2000-2009
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...that global sales of digital music zoomed to $1.1 billion last year, up from $380 million in 2004. Digital music now provides around 6% of most companies' revenues, up from almost nil two years ago, and that growth shows no signs of peaking. And more than any other major label, EMI's comeback mirrors the changing fortunes of the music world. In its half-year results for the period ending Sept. 30, 2005, EMI's revenues returned to growth for the first time since 2000, rising 5.8% to $1.64 billion. Its global digital sales soared 142% to $79.3 million; that...

Author: /time Magazine | Title: Sing When You're Winning | 2/18/2006 | See Source »

...forced to shelve them just to focus on its core operations. "The company was in such a bad spot in terms of both earnings and capital structure, frankly, we didn't have time to think of anything else," says Rose. Levy's team discovered that the Virgin label wasn't integrated into the business, so essentially two separate music companies were operating within EMI. Record sales were clearly not recovering, either. Indeed, after her Glitter album tanked, EMI had to pay Mariah Carey $28 million to extricate itself from the $80 million contract it had signed with her. In February...

Author: /time Magazine | Title: Sing When You're Winning | 2/18/2006 | See Source »

...outside the Wired Magazine demographic."Elf-Titled" not only raises the bar in terms of musicianship (thanks in large part to Seim's percussion), but also lends the genre some of the seriousness the "Bossies" have tried to create. The album has been released on Kill Rock Stars sister label 5RC, home to noise-rock wunderkinds Deerhoof, Hella, Xiu Xiu, and others of their ilk. Many reviews of the album have looked to the band as a bridge between the avant-garde of rock and kitschy childhood regressions, but the stylistic resonances between Deerhoof and Double Dragon are deeper than...

Author: By Will B. Payne, CRIMSON STAFF WRITER | Title: Nintendo Rock: Nostalgia or Sound of the Future | 2/14/2006 | See Source »

...home-burned CDs of songs that were then uploaded to the unsigned-band portal MySpace.com Their following metastasized to the point that the band sold out the famed London Astoria last year on word of mouth. When a record-company bidding war ensued, the Arctic Monkeys signed with independent label Domino for a tidy sum and in January released their debut album in Britain, Whatever People Say I Am, That's What I'm Not, which not only is the fastest-selling British debut ever but was also voted by readers of the influential New Musical Express as the fifth...

Author: /time Magazine | Title: Music: A Barrel of Monkeys | 2/12/2006 | See Source »

They’re set to self-release an album later this month, but the group has yet to catch the attention of a label or get big-venue gigs. As important as self-motivation might be, Kinkopf says it’s still not as important as looking like you came out of the projects...

Author: By J. samuel Abbott, CRIMSON STAFF WRITER | Title: Most Known Unknown: Why Harvard's Hip-Hop Needs to Sell Out | 2/9/2006 | See Source »

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