Category: Financial/Legal

GE Sale Of NBC To Comcast Likely

A deal between General Electric and Comcast to sell TV network NBC Universal to Comcast moved a step closer to reality yesterday amid reports of a key agreement between G.E. and Vivendi, essential to complete the sale. G.E. has offered to buy Vivendi’s 20% stake in NBC Universal for a reported $5.8 billion. Vivendi had […]

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FBMM’s John McCarthy To Retire

After 41 years in business, CPA John McCarthy has announced plans to retire from Flood, Bumstead, McCready and McCarthy, Inc. (FBMM) effective December 31, 2009. He will continue to work as a CPA on a limited independent basis. McCarthy has spent 41 years in the financial management business specializing in tax, audit and financial management […]

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BMI Promotes Jessica Frost

BMI has promoted Jessica Frost to Director, Business Development/Licensing. Based in the organization’s Nashville office, Frost began working for BMI in 1999 as a Customer Relations Executive. She was promoted to Account Representative in 2000, and then was named Account Executive in 2001. She became Assistant Manager, Industry Development in 2003, and was promoted again […]

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Category: Featured, Financial/Legal, Organizations, Publishing

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File Sharing Harms Paid Music Purchases

Some observers believe that music file sharing can fuel paid purchases because it exposes listeners to new music they might not have heard otherwise. To test this theory, Jupiter Research surveyed 5000 European consumers to see how illegal trading affects music spending and found that the overall impact of file sharing is negative. The results […]

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Nashville Post: FBI Raids Gibson Offices

Iconic company charged with illegal importation of Madagascar wood. Click to go to >>Nashville Post<<

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Live Nation/TM Merger Faces UK Roadblocks

The proposed Live Nation/Ticketmaster merger is facing opposition from the U.K.’s Competition Commission (CC). The organization made a provisional ruling against the merger and released a statement saying it could, “severely inhibit the entry of a major new competitor – CTS Eventim – into the U.K. ticketing market….This could lead to higher net prices (eg […]

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MySpace Purchases iLike, Stops Auto-Song Play

MySpace has purchased music based social networking site iLike for an estimated $20 million. The sites will continue to operate separately but will begin sharing technology, such as iLike’s search capabilities, syndication network and discovery tools. MySpace CEO Owen Van Natta says the acquisition is about technical talent, as well as promoting MySpace across the […]

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SouthComm buying “Scene,” “Nfocus”

Nashville, TN (8/19/09)– SouthComm Inc., the parent of MusicRow Magazine and other niche publications, has signed an agreement to buy the assets of Nashville Scene and Nfocus magazine from City Press LLC. “The Scene is the strongest arts and entertainment brand in Nashville,” said SouthComm CEO Chris Ferrell. “Pairing it and Nfocus with our other […]

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Leadership Music, CMA Industry InSite, and the “Just Plain Folks” Awards

Grammy winner Steve Wariner and noted studio owner John McBride have been added to the Leadership Music Dale Franklin Award salute to Jim Foglesong, Allen Reynolds and Garth Brooks, set for Sunday, Aug. 23 at the Renaissance Hotel. Wariner (co-writer of Brooks’ hit “Longneck Bottle”) joins in the tribute to Brooks with his wife Trisha […]

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Industry Items: Otto, Fletcher, More

James Otto’s Warner Bros. Records debut single, “Just Got Started Lovin’ You,” has achieved sales of 500,000 units and has been certified Digital Gold by the RIAA. ————————————- An interview with Universal Records South’s Fletcher Foster is posted at This week In The Hot Seat with Larry LeBlanc. ————————————- The NashvillePost reports: Gospel legend BeBe […]

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Artist Notes: Bobby Bare, Kellie Pickler, Mallary Hope

BMI staged another installment of its 12th & Porter series on Thursday, July 30, featuring legendary singer/songwriter Bobby Bare. He charmed with mid-song recitations and quirky stories. Joining Bare on the bill were Charlie Pate and Dixie’s Finest, including songwriters Dale Dodson and Ronnie Bowman; as well as family trio the Henningsens. The free show […]

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