BUSINESS
September 30, 2009 | Dawn C. Chmielewski
Music videos from Green Day, Jay-Z and Linkin Park will begin reappearing on YouTube as soon as December, the result of a multiyear agreement reached with Warner Music Group Corp. The Internet's dominant video site and one of the world's largest music companies had been locked in a dispute over the value of music videos, some of the most popular content on YouTube, whose young viewers are coveted by advertisers. Licensing talks reached an impasse late last year, resulting in Warner's videos being pulled from the site.
BUSINESS
January 25, 1999 | KAREN KAPLAN
Launch Media, the Santa Monica company that produces a music magazine on CD-ROM, will acquire MusicVideos.com to broaden the content on its Web site, the companies will announce today. Newport Beach-based MusicVideos.com features nearly 1,000 alternative, dance, country and hip-hop videos and serves up more than 1 million videos each month. Those videos will now be available at Launch's music-oriented Web site, http://www.launch.com. Four of MusicVideos.
BUSINESS
June 3, 2010 | By Alex Pham, Los Angeles Times
If Rio Caraeff had his way, the phrase "I want my MTV" would be replaced by "I want my Vevo." The 34-year-old Santa Monica music executive, who once headed the digital music business for Universal Music Group, launched Vevo in December. In April — less than six months later — the site vaulted into the No. 1 spot for online music videos in the U.S., garnering more than 43 million unique viewers who watched 350 million streams, according to ComScore Inc. Among all video sites, Vevo ranked fourth, just after Google Inc., Yahoo Inc. and Fox Interactive Media, and beating out the likes of Facebook Inc., Microsoft Corp.
BUSINESS
February 14, 1997 | Reuters
The Recording Industry Assn. of America said Thursday that shipments of prerecorded music and music videos reached $12.5 billion in 1996, up about 2% over the 1995 total of $12.3 billion. The association said unit shipments rose to 1.14 billion in 1996 from 1.11 billion in 1995. Hilary Rosen, the association's president, said the group is surveying consumers and funding research to determine what it will take to foster America's passion for owning music.
ENTERTAINMENT
December 9, 1989 | CHRIS WILLMAN
And here you thought music video was just glamour boys with poufy hair preening behind blemish-obscuring smoke--money for nothing, as it were. But this relatively recent genre represents something else entirely to the American Cinematheque, which, in conjunction with the Long Beach Museum of Art, has scheduled this weekend a mini-festival whose brave assertion--as stated in its printed program--is nothing less than that "music video is the art form of the '80s."
BUSINESS
April 20, 2005 | From Reuters
America Online signed deals to offer thousands of music videos from Universal Music Group and Warner Music Group. The deal comes after Universal, owned by French conglomerate Vivendi Universal, in February said it planned to charge for music videos over the Internet and on cable video-on-demand services. AOL, a unit of Time Warner Inc., is seeking to launch free services to boost online advertising revenue to offset a dwindling dial-up Internet membership.