Warner Music CEO looks 'beyond iTunes' amid losses

(AP) -- Digital download sales growth slowed further for Warner Music Group Corp. in its fiscal third quarter, prompting CEO Edgar Bronfman Jr. to say Thursday that the company was looking "beyond the iTunes model" to return ...

Big money goes around the world

Music is big business. It has been since the advent of the sheet music industry in the 19th Century and the ensuing piracy scandals, right through the invention of radio, recorded music, and the usurping of the family piano ...

Music streaming to music subscriber

The music business has changed dramatically in the last couple of decades since the massive expansion of the internet, the development of music file compression algorithms, and the concept of anonymous file-sharing services. ...

Tech start-ups are the new rock bands: Bono

U2 frontman Bono described start-ups as the new rock bands and defended streaming service Spotify from recent criticism at an internet event in Ireland on Thursday.

Carlos Slim invests $40 mn in Shazam music app

Mexican telecoms tycoon Carlos Slim has acquired a 10.8 percent stake in Shazam, the British company behind a music recognition smartphone application that instantly identifies songs and artists.

Warner Music shareholders approve sale

Warner Music Group shareholders on Wednesday approved the sale of the company to a media holding owned by Russian-born billionaire Len Blavatnik, the company said.

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