February 25, 2002 |
Sales of recorded music and music videos in the U.S. plunged 4.1% to $13.7 billion last year, according to figures from the Recording Industry of America. The data confirm earlier statistics showing the music industry has fallen into the worst sales slump in at least a decade. Record executives say they are being crushed by a combination of spiraling marketing and radio promotion costs, online piracy and economic sluggishness. RIAA officials also said shipments of music products plummeted 10.
January 15, 1995 |
The Recording Industry Assn. of America and SoundScan agree that the biggest-selling album of 1994 was "The Lion King." But that's where the agreement ends. The Washington-based RIAA--a trade association that represents the nation's record conglomerates--declared in a year-end media blitz that the Disney soundtrack album sold a staggering 7 million copies since its spring release.
October 18, 2002 |
A bill designed to save small Internet radio stations from bankruptcy foundered Thursday, failing to win final approval from the Senate before lawmakers adjourned until after the November elections. Many Webcasters face a potentially ruinous day of reckoning Sunday, when four years' worth of back royalties are due to be paid. The bill by House Judiciary Committee Chairman F. James Sensenbrenner Jr. (R-Wis.
May 5, 2001 |
In response to continued congressional pressure to stop marketing music containing mature-themed language to children, recording industry officials late this week said they would form a new parental advisory task force. "We are going to do a better job--in particular, in those areas pointed out in the [Federal Trade Commission] report where the industry's own implementation of its own guidelines was lacking," said Recording Industry Assn. of America President Hilary Rosen.
April 13, 2002 |
The recording industry is having a cow over an ad campaign that features a Holstein singing along to a hip-hop cover of a Gordon Lightfoot tune. The cow singing "Sundown" is part of Gateway Inc.'s new campaign taking a stand in the burgeoning battle over digital music. "Gateway supports your right to enjoy digital music legally," the ad concludes.
March 20, 2002 |
A fight between recording artists and their music labels continued before the state Senate on Tuesday, offering an inside view of economics and tensions in a troubled industry. Singer Don Henley of the Eagles and others intent on ending binding long-term contracts in the recording industry battled publicly a third time with entertainment executives who said labor law changes would "make a bad situation worse."
April 1, 1999 |
True or false? Young people love to buy music, they crave rock 'n' roll, and record stores are indisputably their favorite places to shop for sounds. Answers: False, false and false. A new consumer profile of music buyers by the Recording Industry Assn. of America offers some insights into a business being buffeted by change. The music industry shipped $13.7 billion worth of music to merchants in 1998, up from $12.2 billion the year before.
April 14, 2012
SATURDAY The Situation Room With Wolf Blitzer GOP race: Former House Speaker Newt Gingrich (R-Ga.); world affairs: Former British prime minister Tony Blair. 3 p.m. CNN The Chris Matthews Show How former presidents help the current president; possibility of a Hillary Clinton presidential bid in 2016. (N) 5 p.m. KNBC McLaughlin Group (N) 6:30 p.m. KCET SUNDAY Today Beluga whales; Today's life illustrated. (N) 6 a.m. KNBC Good Morning America (N) 6 a.m. KABC State of the Union With Candy Crowley GOP unity, 2012 politics: Republican National Committee chairman Reince Priebus; the Trayvon Martin case, civility, the 2012 campaign: Bill Cosby.
December 16, 1998 |
Leaders of the $40-billion global record industry promised Tuesday to deliver a new technology platform by next fall that will thwart online music pirates while allowing digital delivery of music. The Secure Digital Music Initiative aims to create a platform that rivals MP3, the high-quality format now used to compress and store--and often illegally distribute--audio files.
April 13, 2012 |
For a Marxist-Leninist socialist, Barack Obama is doing OK. The president released his 2011 tax returns Friday. All in all, it was a pretty good year: "The president and first lady reported a joint adjusted gross income of $789,674 last year and paid $162,074 in total federal taxes, or about 20.5%. " Go ahead and read the full story if you want. It talks about Obama's push for the “Buffett rule,” which would raise taxes on the rich -- including him. It also has the obligatory call on Mitt Romney to release his returns.