10/11/2007 8:08 AM, Reuters
Michael Paoletta
Pop star Madonna is close to leaving her long-time Warner Bros. Records label for a wide-ranging $120 million deal with concert promotion firm Live Nation Inc., a source familiar with the talks said on Wednesday.
The story was first reported on the Wall Street Journal's Web site, which said Madonna would receive a mix of cash and stock in exchange for allowing Live Nation to distribute three studio albums, promote concert tours, sell merchandise and license her name.
Such a deal is virtually unprecedented, but may become more common as struggling record labels and other players in the music industry seek to shore up revenues by going into business with musical acts, rather than just taking fees for selling their albums or concert tickets.
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Make Money Online visit gojawar.com. Download the Music Industry Connection Books by JaWar
Thursday, October 11, 2007
Monday, October 8, 2007
Music Summit Aids Aspiring Recording Artist
Montgomery Advertiser
By: Darryn Simmons
Several aspiring rappers, singers, producers and songwriters got an education in the music industry on Thursday at Alabama State University during the Hip-Hop Summit held on campus.
Along with an education on the music business, the panel also introduced ASU students to the school's music business major -- the only historically black college or university to offer the major.
"We want you to know that it is here for you to take advantage of," said Dr. William Ashbourne, the assistant professor of music industry at ASU.
The event, sponsored by the Music and Entertainment Industry Student Association (MEISA), featured a panel of music industry executives including JaWar, an author of several books on the music industry; Cappriccieo Scates, a representative of SESAC, the second oldest performing rights organization in the United States; Dee Dee Murray, general manager of Purple Ribbon Records, the record label owned by rapper Big Boi of Outkast; and WZHT Hot 105 personality Jo Jo McToy, who brought a special surprise guest in Atlantic Records recording artist Gorilla Zoe.
Members of the panel encouraged the aspiring artists to understand that hip-hop music and the music industry as a whole is changing and requires extreme dedication.
"The music business is in turmoil right now and if you don't have a strong stomach, you need to get out of this business," JaWar said.
A rapidly rising trend to go independent as opposed to trying to hook on with a major label was a route encouraged by the panel.
"In this business, you can follow the rules that are the lay of the land or you can find less-conventional ways," JaWar said.
READ MORE.
By: Darryn Simmons
Several aspiring rappers, singers, producers and songwriters got an education in the music industry on Thursday at Alabama State University during the Hip-Hop Summit held on campus.
Along with an education on the music business, the panel also introduced ASU students to the school's music business major -- the only historically black college or university to offer the major.
"We want you to know that it is here for you to take advantage of," said Dr. William Ashbourne, the assistant professor of music industry at ASU.
The event, sponsored by the Music and Entertainment Industry Student Association (MEISA), featured a panel of music industry executives including JaWar, an author of several books on the music industry; Cappriccieo Scates, a representative of SESAC, the second oldest performing rights organization in the United States; Dee Dee Murray, general manager of Purple Ribbon Records, the record label owned by rapper Big Boi of Outkast; and WZHT Hot 105 personality Jo Jo McToy, who brought a special surprise guest in Atlantic Records recording artist Gorilla Zoe.
Members of the panel encouraged the aspiring artists to understand that hip-hop music and the music industry as a whole is changing and requires extreme dedication.
"The music business is in turmoil right now and if you don't have a strong stomach, you need to get out of this business," JaWar said.
A rapidly rising trend to go independent as opposed to trying to hook on with a major label was a route encouraged by the panel.
"In this business, you can follow the rules that are the lay of the land or you can find less-conventional ways," JaWar said.
READ MORE.
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