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Guitar Center, the largest retailer for musical instruments in the US, has filed for bankruptcy

View of a Guitar Center store in Hollywood, California. Valerie Macon/AFP via Getty Images Guitar Center, the largest musical instrument retailer in the US, has filed for bankruptcy. The company announced Saturday it was entering the Chapter 11 restructuring process, during which it'll stay in business. Guitar Center said it expects to finish up the process by the end of the year. Like other physical retailers, Guitar Center has felt the negative impacts of consumers' increasing reliance o...
Tags: Music, News, US, Trends, Bloomberg, Bankruptcy, New York Times, Retail, Afp, Guitar Center, Hollywood California, Lord Taylor, Valerie Macon, Paige Leskin, Getty Images Guitar Center, US Guitar Center


Volunteer in COVID-19 Vaccine Trial Dies in Brazil

A volunteer in AstraZeneca and Oxford University’s coronavirus vaccine trial has died, Brazil’s health authority Anvisa announced Wednesday (Oct. 21). Daily Mail reports: The participant is believed to be a 28-year-old man from Brazil, according to Bloomberg. He allegedly was not in the group that received the vaccine with sources telling Reuters that if he had been, the trial would have been suspended. Oxford stated the trial will continue after the death of the volunteer, adding an independent...
Tags: Health, UK, News, China, US, America, Bloomberg, World news, Daily Mail, United States, Oxford, Brazil, Jazz, Astrazeneca, Rio De Janeiro, Fda


Vinyl Sales Top CDs For The First Time Since 1986

The Recording Industry Association of America just released its report on the first half of 2020, and as Bloomberg points out, it contains a hell of a stat: For the first time since 1986, vinyl records are outselling CDs. More »
Tags: Music, News, Bloomberg, Recording Industry Association of America


Vinyl-record sales top compact discs for first time in 34 years

By Lucas Shaw | Bloomberg Sales of vinyl records surpassed those of CDs in the U.S. for the first time since 1986, marking a key turning point for the format’s nostalgia-fueled resurgence. People spent $232.1 million on limited-play and extended-play records in the first half of the year, according to the Recording Industry Association of America, eclipsing the $129.9 million they spent on compact discs. Vinyl was the most popular way people listened to music throughout the 1970s and the early 1...
Tags: Business, Music, Bloomberg, Sport, Soccer, Riaa, Nyu, Santa Clarita, Fitz, Tom Petty, Recording Industry Association of America, Bill Ted, Lucas Shaw


Facebook signs deals with labels for music videos: Report

In a significant development for Facebook’s music business, the company has just signed music video deals with Warner, Sony and Universal, the three largest labels in the world, Bloomberg reports. Earlier this month, the company wrote to artists saying that their music videos would be automatically added to their pages, and if they chose not to do so, the company would set a page for those videos on its own. The deal with the big three labels seems to pave the way for the social media company to...
Tags: Travel, Facebook, Spotify, Music, News, Instagram, India, Bloomberg, Warner Music Group, Sony Music, Universal Music Group, Saregama, Facebook Watch, In India Facebook, Zee Music, Warner Sony


Spotify and Universal sign new licensing deal, will partner on development of marketing tools

Spotify this morning announced a global, multi-year licensing agreement with Universal Music Group, which secures the label’s catalog for streaming rights but also signs it on to be an early adopter of Spotify’s future products and provide feedback to Spotify’s development team as those products are being built. Deal terms were not disclosed, but “multi-year” agreements like this would last at least two years, if not three. The agreement brings on Universal to Spotify’s “two-sided marketplace” —...
Tags: Travel, Spotify, Music, Media, Bloomberg, Streaming Music, Universal, Rolling Stone, Daniel Ek, Universal Music Group, Lucian Grainge, Canvas Universal Music Group


Facebook to launch officially licensed music videos in the US next month

Facebook is preparing to launch officially licensed music videos on its social network in the U.S. next month, in a direct challenge to YouTube. In materials reviewed by TechCrunch, Facebook informed Page owners linked to artists they’ll need to toggle on a new setting to add their music videos to their page ahead of an August 1st deadline, at which point Facebook will automatically create a page of their videos if no action had been taken. Artists will not have to manually upload their videos o...
Tags: Social, Facebook, Video, Music, Instagram, Youtube, China, Music Videos, India, US, Tech, Bloomberg, Thailand, Artists, Warner Music Group, Facebook Page


Facebook to launch officially licensed music videos in the U.S. next month

Facebook is preparing to launch officially licensed music videos on its social network in the U.S. next month, in a direct challenge to YouTube. In materials reviewed by TechCrunch, Facebook informed Page owners linked to artists they’ll need to toggle on a new setting to add their music videos to their page ahead of an August 1st deadline, at which point Facebook will automatically create a page of their videos if no action had been taken. Artists will not have to manually upload their videos o...
Tags: Social, Facebook, Video, Music, Instagram, Youtube, China, Music Videos, India, Tech, Bloomberg, Thailand, Artists, Warner Music Group, Facebook Page, Lasso


Grimes Is Selling A Piece Of Her Soul

Grimes is selling her soul. Literally. Starting today, Bloomberg reports, she's exhibiting her first fine art show online on Gallery Platform Los Angeles (5/28-6/3) and Maccarone Los Angeles (5/28-8/31). The show is called Selling Out. And included in it is a work also titled Selling Out: a legal document … More »
Tags: Music, News, Bloomberg, Grimes, Gallery Platform Los Angeles, Maccarone Los Angeles


The South Carolina Debate Was A Hot Mess — Here’s What Happened

It’s debate time again, and all eyes are on South Carolina for what should be another heated battle between the seven remaining Democratic candidates. Since the Nevada debate less than a week ago, candidates have been gearing up with receipts — Sen. Elizabeth Warren forced former New York City mayor Mike Bloomberg’s hand when he agreed to release women from his company’s NDAs. Meanwhile, former vice president Joe Biden came under fire after saying that he was arrested trying to see Nelson ...
Tags: Fashion, Music, New York, Cdc, New York City, Israel, Elizabeth Warren, Jerusalem, Tel Aviv, America, Bloomberg, Joe Biden, United States, Nelson Mandela, Iowa, Warren


Will Everyone Pile On Bernie Tonight? Updates From South Carolina Democratic Debate

It’s debate time again, and all eyes are on South Carolina for what should be another heated battle between the seven remaining Democratic candidates. Since the Nevada debate less than a week ago, candidates have been gearing up with receipts — Sen. Elizabeth Warren forced former New York City mayor Mike Bloomberg’s hand when he agreed to release women from his company’s NDAs. Meanwhile, former vice president Joe Biden came under fire after saying that he was arrested trying to see Nelson ...
Tags: Fashion, Music, New York, Cdc, New York City, Elizabeth Warren, America, Bloomberg, Joe Biden, Nelson Mandela, Iowa, Warren, Medicare, Amy Klobuchar, Nevada, Biden


The Best Memes Of 2020 So Far

Dictionary.com says a meme is, “a cultural item in the form of an image, video, phrase, etc., that is spread via the Internet and often altered in a creative or humorous way.” Merriam-Webster defines “meme” as, “an idea, behavior style or usage that spreads from person to person within a culture.” But here is where we go full-on galaxy brain. Wikipedia, of all places, has one of the most intense takes on memes, describing them as, “a viral phenomenon that may evolve by natural selection in a man...
Tags: Fashion, Music, Instagram, Wikipedia, Los Angeles, Bloomberg, Reddit, Steve Buscemi, Black Mirror, Bernie Sanders, Feist, Rosa, Bernie, Merriam Webster, Billie Eilish, Tiktok


The Power Of Elizabeth Warren Forces Bloomberg To Release Women From NDAs

In less than a week, presidential candidate Mike Bloomberg completely changed his tune regarding non-disclosure agreements at his company. The credit for this swift change goes to none other than Sen. Elizabeth Warren after she shone a precise and unrelenting spotlight on the issue at last Wednesday’s Democratic debate in Las Vegas and refused to let it go. Several lawsuits have been filed over the years against Bloomberg’s company by women blaming him for fostering a culture of sexual ...
Tags: Fashion, Music, Bloomberg, Warren, Las Vegas, Bloomberg LP, Sen Elizabeth Warren, NDA, Mike Bloomberg, Power Of Elizabeth Warren Forces Bloomberg, Washington Post Warren


Elizabeth Warren Actually Created A Release Contract For Women In Bloomberg’s NDA

Mandatory Credit: Photo by Matt Baron/Shutterstock (10561812cl) Elizabeth Warren Ninth 2020 Democratic Party Presidential Debate, Las Vegas, USA – 19 Feb 2020 Wednesday night’s Democratic debate marked perhaps the most heated moment in the election cycle yet. Amid several fiery clap backs between candidates on the debate stage, Sen. Elizabeth Warren got her groove back — and she took no prisoners. Her focus, much like her fellow presidential candidates, was on newcomer and former New York...
Tags: Fashion, Music, New York City, Elizabeth Warren, Bloomberg, Warren, Donald Trump, Cnn Town Hall, Sen Elizabeth Warren, NDA, Matt Baron Shutterstock, Mayor Bloomberg, Mike Bloomberg Bloomberg, Nevada Mike Bloomberg


Elizabeth Warren Going In On Michael Bloomberg Is Even Better With “Ether” In The Background

Last night, most of the remaining Democratic presidential candidates got together in Las Vegas for their bloodthirstiest debate yet. The reason for the carnage: This was the first debate to include Michael Bloomberg, the former New York mayor and unctuous billionaire prick. Everyone else onstage spent the evening going in hard on Bloomberg, and nobody … More »
Tags: Video, Music, New York, Elizabeth Warren, Bloomberg, Nas, Las Vegas, Michael Bloomberg, Elizabeth Warren Going In On Michael Bloomberg


Elton John Stricken With Pneumonia, Cuts New Zealand Show Short

Elton John has pneumonia, and it’s unclear if he’ll continue what he says is his final world tour. “I played and sang my heart out, until my voice could sing no more,” he said in a tweet. “I’m disappointed, deeply upset and sorry. I gave it all I had.” John, 72, abruptly left the stage during Sunday’s concert in Auckland and returned minutes later for two more songs before saying, “I’ve just completely lost my voice. I can’t sing. I’ve got to go. I’m sorry,” the BBC reports. Earlier in the set h...
Tags: Music, News, Australia, Uncategorized, Bloomberg, Bbc, Elton John, John, Auckland, Overnight, Onetime, Elton John Stricken


Anghami could be up for sale at a value of up to $400m

One of the biggest names in music streaming for the Middle East right now, Anghami are weighing up their options for the future. Anghami is a major music streaming service based in the Middle East and is one of the biggest streamers in the region. New reports from “people familiar with the matter” reveal that Anghami are eyeing up a potential sale if not a round of investment. Despite facing encroaching competition from worldwide streamers like Spotify Anghami weren’t worried, announcin...
Tags: Spotify, Music, Hbo, Sale, Investment, Bloomberg, Music Industry, Middle East, Dubai, Music Streaming, Streaming, Deezer, Valuation, Digital Music News, Music Business, Mena


"Best Books of 2019" Lists Update - December 17th

For the twelfth straight year, I am aggregating every online year-end book list I find in this post. As the lists appear online, I will add them to the master list, updating daily. Please feel free to e-mail me with a blog, magazine, newspaper, or other online list I have missed. Previous updates to the master list of online "best books of 2019" lists. See also: Largehearted Boy's list of essential and interesting 2019 music lists. Please consider making a donation or leaving a tip to Larg...
Tags: Music, Bloomberg, David, New York Times, Paris, New Zealand, Herald, Times, Jack, Los Angeles Times, Electric Literature, Jane, Chantal, RTE, Ophelia, CBC Books


"Best Books of 2019" Lists Update - November 13th

For the twelfth straight year, I am aggregating every online year-end book list I find in this post. As the lists appear online, I will add them to the master list, updating daily. Please feel free to e-mail me with a blog, magazine, newspaper, or other online list I have missed. Previous updates to the master list of online "best books of 2019" lists. See also: Largehearted Boy's list of essential and interesting 2019 music lists. Please consider making a donation or leaving a tip to Larg...
Tags: Music, Bloomberg, David, New Jersey, Vogue, Sydney, New Zealand, Catherine, Wall Street Journal, Cbc, Benjamin, Electric Literature, Denver Public Library, Booklist, Frederick, New Zealand Herald


Hello, piano: Roland just added Alexa to their digital keyboard

Roland’s latest play for making digital pianos commonplace: add the popular Alexa service, and sell on Amazon. Roland’s GO:PIANO is their consumer-focused line, touting beginner- and family-friendly features. There’s Bluetooth connectivity, and integrated iOS and Android app that promises to teach you ear training and score reading – there’s a reason that pic has an iPad on it. It’s a shame the styling is pedestrian, because otherwise this is more futuristic than some of its competition. ...
Tags: Amazon, Music, US, Trends, Tech, Tesla, Bloomberg, Web, Analysis, Gear, Stories, Silicon Valley, Alexa, Amazon Music, Music Tech, Roland


‘Baby Shark’ Has Made Millions for This Korean Family

The song has amassed more than 3.8 billion views on YouTube alone
Tags: Music, News, Uncategorized, Bloomberg, Onetime


PledgeMusic Fiasco Is Even Weirder Than You Think - Part 1 [David Lowery]

Few failures have had a more direct impact on the indie music community than the recent demise of PledgeMusic, not only for those owed millions of dollars, but also for the many others who had come to rely on the platform for pre-sales and fundraising.  In recent days, a variety of sources has accused the PledgeMusic board of being at the root of the failure. Here David Lowery takes his own critical look. _____________________________ "Success has many fathers, failure is an orphan” ...
Tags: Music, UK, Bloomberg, House, Gm, SEC, David Lowery, Companies House, Bruce Houghton, Virgin Islands, Manuel, Benji Rogers, Benji, Rowe, Magna, Sharma


TikTok owner ByteDance to launch paid music service; secures rights from T-Series, Times Music

China’s ByteDance Ltd, which owns TikTok, is building a paid music service that it plans to launch in emerging markets later this year, Bloomberg reports, citing people familiar with the matter. While it doesn’t specify which countries, the report says ByteDance has secured rights from T-Series and... ...
Tags: Travel, Mobile, Music, News, China, Bloomberg, Music Streaming, Times Music, T-Series, Bytedance, Tiktok, Bytedance Ltd


TickTok Owner In Talks To Launch Music Streaming Service

ByteDance, valued at $75 billion thanks in large part to the huge popularity of its TikTok app, is in talks with major labels and publishers to launch a music streaming service, according to multiple sources. The Chinese conglomerate could launch its Spotify competitor as soon as the end of this quarter. Bloomberg reports that ByteDance is targeting emerging markets with the new music streamer. One source reports that the company has already signed deals with two of India's largest independ...
Tags: Music, India, Bloomberg, Bruce Houghton


Where Was the Board? Reflections On Potential Legal Issues In PledgeMusic “Administration” Bankruptcy

In the wake of PledgeMusic's recent implosion and almost total silence in response to the issue, attorney and artist advocate Chris Castle takes a moment to share some thoughts on the failed crowdfunding platform's bankruptcy, and where they're headed from here. _______________________________ Guest post by Chris Castle of Artists Rights Watch We’ve had a lot of questions about what is going on with the Pledge Music crowdfunding platform which appears to be either on its way or alrea...
Tags: Music, UK, New York, Texas, Bloomberg, Guest Post, New Jersey, Pledge, Nashville, Silicon Valley, Music Business, Indie Labels, Chris Castle, Musicians Union, Sword Rowe Company, Startups & Funding


Russian Street Style Star Miraslavo Duma Was Named In The Mueller Report

Miroslava Duma is in hot water again. The disgraced blogger and street style star was implicated in the 448-page Mueller report. On Thursday, news broke that the Russian editor was mentioned as “a contact of Ivanka Trump’s from the fashion industry” who “first passed along invitations for Ivanka Trump and candidate Trump” to the 2016 St. Petersburg International Economic Forum. The mention was spotted by Bloomberg reporter Kim Bhasin and shared on Twitter by The Fashion Law’s Julie Zerbo and R...
Tags: Fashion, Music, Bloomberg, Paris, Russian Federation, Trump, Duma, Wang, Ivanka Trump, Mueller, Kim Bhasin, Ulyana Sergeenko, Julie Zerbo, St Petersburg International Economic Forum, Miroslava Duma, Ivanka She


Major Labels Want Millions, But TikTok Says No

The three major label want millions in payments for the use of music on two hugely popular short music video apps, TikTok and its Chinese counterpart Douyin. Deals between UMG, Sony, WMG and the Chinese owner of the apps, ByteDance, expire this spring, But after months of talks, the two sides are reportedly still far apart. “TikTok is for short video creation and viewing, and is simply not a product for pure music consumption that requires a label’s entire collection,” said Todd Scheff...
Tags: Music, Bloomberg, Bruce Houghton, Old Town Road, Bytedance, Tiktok, UMG Sony WMG, Todd Schefflin


A Week In London On A $325,000 Income

Welcome toMoney Diaries , where we're tackling what might be the last taboo facing modern working women: money. We're asking millennials how they spend their hard-earned money during a seven-day period — and we're tracking every last dollar.Today: an associate working at a hedge fund who makes $325,000 per year and spends some of her money this week on waffles. We previously published a diary from this OP in September 2018, when she lived in NYC. Editor's note: All prices have been converted to...
Tags: Facebook, Fashion, Music, England, New York, London, Virginia, Berlin, Bloomberg, Barcelona, Tesco, NHS, Chelsea, House Of Cards, Miami, Brexit


Glossier Just Announced Some Major — & Mysterious — News

As the major buzz around every new launch proves, Glossier has a knack for keeping fans on their toes — with their hands reaching for their wallets. Since launching in 2014, the brand has expertly built a cult of consumers dedicated to its minimalist makeup and skin care outfitted in millennial-pink packaging; in the past year alone, it's opened a permanent brick-and-mortar HQ, expanded its core complexion range, and even contributed to Beyoncé's look at last year's Grammy Awards.But Glossier's...
Tags: Fashion, Music, Beyonce, Instagram, Bloomberg, Emily Weiss


Sen. Joni Ernst Reveals She Is A Survivor Of Rape & Domestic Violence

Sen. Joni Ernst revealed she was raped in college by an acquaintance, becoming one of the few high-profile women in the Republican party to come forward as survivors of gender violence. The Iowa junior senator made the revelation in an interview with Bloomberg, where she also addressed allegations disclosed in her divorce proceedings that her ex-husband physically and emotionally abused her.“I didn’t want to share it with anybody, and in the era of hashtag-Me Too survivors, I always believed th...
Tags: Fashion, Music, Bloomberg, Domestic Violence, United States, Iowa, Donald Trump, Iowa State University, Sen Joni Ernst, Ernst, Gail Ernst, Bloomberg Ernst, University of Northern Iowa Ernst



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