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30 Mar 2011 20:26

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Biz: James Murdoch being prepped for News Corp. takeover?

James Murdoch, the son of Rupert Murdoch, has been promoted to Deputy COO of News Corp. This move is widely considered a step towards his eventual takeover of the company. source

31 Jan 2010 09:47

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Music: Lady Gaga: An example of how the music business goes forward?

Gaga’s odd sound and image has ruled music. How? Credit her business model, where, for more promotion, a cut of EVERYTHING goes to the record company. source

25 Oct 2009 09:02

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World: We heard that a whole lotta people counted to 350 yesterday

  • Yesterday was a big day for climate change. The percentage of people that believe in global warming has been falling quickly in the U.S. But that isn’t stopping 350.org (which stands for the parts per million they consider the safe upper limit for our atmosphere) from promoting the heck out of itself. Here’s a few photos from Flickr. source

05 Feb 2009 10:12

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Music: Live Nation and Ticketmaster want to merge? The Boss isn’t a fan.

  • The proposal Ticketmaster, which handles ticket sales at venues across the country, and Live Nation, a spin-off of Clear Channel that promotes and produces live shows and has recently gotten into the artist management business, want to merge, sources say. As both businesses cover much of the live music industry, the merger would face antitrust scrutiny.
  • The concern Fans are not very happy about this idea, largely due to Ticketmaster’s history of shady practices and overcharging. Ticketmaster convenience fees can significantly increase the price of a concert ticket. If Live Nation, which has recently gotten into the ticket-distribution business itself, remained a competitor, they could help lower prices by increasing competition.
  • Bruce weighs inBruce Springsteen, who has a long history of railing against corporate greed, weighed in with a note on his Web site. In it, he stated that “the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system.” source