The Nashville Symphony Orchestra announced this month that it entered into a five-year contract with Giancarlo Guerrero, who will serve as their music director beginning in 2009. Guerrero will be the 8th conductor in the history of the Symphony, replacing the late Kenneth Schermerhorn, who led the Nashville Symphony for 22 years and was critically [...]
Southern rock group Lynyrd Skynyrd, will be inducted into the Georgia Music Hall of Fame on Saturday, September 8, 2007 during the 29th Annual Georgia Music Hall of Fame Awards Show. Lynyrd Skynyrd, best known for its Southern anthem, Sweet Home Alabama, is the definitive Southern rock band, known for its fusion of blues and rock, [...]
Because of its settlements with the four major music publishers involved in the Napster case -estimated at over $400 million- the German media conglomerate Bertelsmann AG (FRA: BTG4) reported a first-half net loss of shareholder profit of €51 million ($69.4 million), compared to earnings to shareholder of €258 million euros ($351.2 million) in the previous fiscal year. [...]
On August 31, 2007, the National Music Publishers' Association ("NMPA") and Bertelsmann AG and Bertelsmann, Inc. jointly announced a proposed settlement of litigation arising out of claims asserted by NMPA relating to Bertelsmann's relationship with the online file-sharing service, Napster in 2000-2001. Becuase the litigation has been certified as a class action, the settlement must [...]
In August, the RIAA issued a study by Peter D. Hart Research Associates which reported that among people whose downloading activities increased during the past six months, 41% say that they purchased less music during that same period, compared to 19% who stated that they purchased more music as a result of the downloading. An [...]
To MP3 or not to MP3? The catalyst for a paradigm shift in the recording industry By Barry Neil Shrum & J. Eric Crupi This article originally appeared in the print edition of Law on the Row, Volume 1, Issue 1 on September 9, 1999, as a harbinger of things to come. To MP3, or [...]