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Fate - 25 Years The Best Of Fate 1985 - 2010 (EMI Music) PDF Print E-mail
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Sunday, 16 May 2010 19:49


This is a Greatest Hits album by FATE, one band that still continues composing interesting music but the train of success was full of USA bands to let them come in and enjoy album sales. Around 1985 - 1987 AOR was in the charts but unfortunately bands like FATE that was based in Europe had a success only in local level because it wasn't easy for them to relocate in California and enjoy the success. If you lishen to this album , then you're going to realize that here there are songs that could really make it on the charts of both Europe and USA. Just lishen "Fallen Angel", "Lovers" or "Love On The Rox"

Band's MySpace Page:  http://www.myspace.com/fatedk

Last Updated on Sunday, 16 May 2010 20:46
 
WMG Offers Mixed Financial Report, Digital Sales Up PDF Print E-mail
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Monday, 10 May 2010 08:51

 
In a report to investors this morning, Warner Music Group showed a loss for the quarter ending March 31st of $25 million or 17 cents a share. That's down significantly from the $68 million or 45 cents a share loss in the same quarter last year. Overall revenue fell 1.3% to $662 million with rising digital sales contributing to WMG's improving numbers. Other highlights:

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Warner Music Group sees digital grow 15% PDF Print E-mail
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Thursday, 06 May 2010 19:40

Warner has reported second quarter figures that show digital revenue grew 15% to just under $200m for the period ending March 31 2010.

The move means digital revenue is now just under one third of total revenue, but that slipped slightly – by 1% - to $662m ($671m in the comparative previous year quarter).

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Sony Says They May Bid For EMI PDF Print E-mail
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Monday, 10 May 2010 08:47


"We are in a position that allows us to seize every opportunity in the market - including EMI," the head of Sony Music, Rolf Schmidt-Holz, told German Sunday paper Frankfurter Allgemeine Sonntagszeitung.

On Thursday Warner Music Chief Executive Edgar Bronfman declined to comment during an earnings call about speculation that he was also eyeing EMI

Source: Hyperbot

 
Guy Hands Has Just 10 Days To Save EMI PDF Print E-mail
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Wednesday, 05 May 2010 08:44

Guy Hands has just 10 days left to convince investors to add fresh funds to save EMI from the hands of the bankers at Citi. Because of the looming deadline, the Terra Firma boss has reportedly slashed his fundraising goal to just the £105 million needed to make one overdue loan payment and stop foreclosure for the next 10 to 12 months. Hands had originally been asking investors for £360 million.

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