EMI Group said today it outperformed the music industry for the year ended March 31, 2004, achieving robust performances from its North American operations and gaining market share in its recorded music and publishing divisions. However, the company’s preliminary figures continue to reflect the state of the worldwide music industry. EMI’s pre-tax profits for the…

Good news for Monte & Avery Lipman surfaced the internet today. Universal has inked a new long-term deal making them Chairman & Chief Executive Officer and President & Chief Operating Officer of the company. If you are unfamiliar with the these two gentlemen, they founded Republic Records in 1995. Republic Records is home to Gotye, PSY, The Weeknd, Florence +…

Or, at least an audit. This all started last week when YouTube eliminated 156 million viewcounts for Lady Gaga, which turned out to be the tip of an iceberg.  A YouTube spokesperson eventually confirmed a far broader correction at VEVO in December, with hackers apparently inflating some of those views. That broader correction involved the slashing of 2…

The music industry: it’s either a casino rife with debaucherous gambling, a field teeming with fertile growth possibilities, or just a really weird place to be right now.  The early-2013 tally was bumped by MusiXmatch, which scored a solid, $3.7 million infusion this week.  Which brings the January tally to $58.4 million, powered by a healthy, Google…

TMZ reports that Lil Wayne has reached a settlement with promotion company Red City Entertainment, which sued the New Orleans rapper for allegedly getting drunk in the Bahamas and sleeping through a scheduled performance in 2009. According to court documents filed in New York, Wayne and Red City settled outside the courtroom in early January, TMZ reports. Wayne…