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WMG has reported their second quarter revenue and the news isn't good as they lost more than expected.
Warner Music Group Corp. (NYSE:WMG - News) posted a wider quarterly loss on Tuesday, hurt by soft music sales, and said it would cut about 400 jobs as it shifts resources to boost digital distribution of music and video. ...
The world's fourth-largest music company reported a fiscal second-quarter net loss of $27 million, or 19 cents a share, compared with a loss of $7 million, or 5 cents a share, a year earlier.
From Billboard:
Warner Music Group is planning a restructuring that will include company-wide layoffs totaling 400 staffers and place further emphasis on digital strategy and distribution, sources say.
paidContent.org reports:
The company plans to simultaneously invest in new initiatives, including more hires for its digital operations. On Monday, WMG said it was creating a new production division designed to develop and produce original programming for network, cable, DVD, broadband and mobile platforms.
As reported previously, the video's for "Hickory Dickory Dock" and "Get Low" debuted today. Watch the Get Low video here and watch the "Hickory Dickory Dock" video below. Warning: obviously... very, very explicit content.
SOHH.com has an article talking about the video series.
If you're a male aged 16-28 that'll be in New York City on May 10, Sean John is holding a casting call.
BadBoyForums.com launched today. It's an unofficial Bad Boy fan community and an extension of Bad Boy Blog. If you'd like to discussion Bad Boy, it's artists and related ventures with other Bad Boy fans, please check it out.
According to the Bad Boy Publishing MySpace, Bad Boy writers will be honored at the SESAC New York Music Awards on May 10. But, I can't seem to find a specific list of winners. This is from the link above:
Among the songs from 2006 being awarded are chart toppers by Justin Timberlake, Mary J Blige, Beyonce, Nelly Furtado, Pussycat Dolls, Diddy, Danity Kane, Keyshia Cole, Chris Brown and Bow Wow to name a few.
Here is the latest Hot 100 chart as far as Bad Boy is concerned:
13. "Last Night" by Diddy (same as last week).
And this is where the "Get Low" video comes in (even if that one was a rough cut and not the finished version). 8 Ball & MJG will be launching a 20 minute mini movie on MP3.com on May 11.
The movie, called "Ride Out", will be comprised of four music videos for songs from "Ridin High". In the first video "Hickory Dickory Dock", 8 Ball & MJG are in a ... uh... gentleman's club. This video will premiere on May 7 on SOHH.com. In the second video, "Get Low", the club is robbed. The "Get Low" video will premiere on May 7 on AllHipHop.com.
The third video will be "Take It Off" - this video will be after the robbery, them leaving and making it back to their hotel. It'll premiere on HipHopDX on May 9. The final video "Stand Up", featuring cameos from Bobby Valentino and David Banner, will premiere on HipHopGame.com on May 9.
The video for "30 Rocks" will premiere on Bad Boy Blog on... just kidding.
And then, as I said, the entire thing will premiere on MP3.com on May 11.
I have to say, this is a cool thing to do and it should be interesting to see.
Down-South.com has a review of "Back Up N Da Chevy".
Overall the Boyz N Da Hood definately have avoided the sophomore jinx. Pick this one up and add it to your collection. The Boyz N Da Hood brought it real hard on "Back Up N Da Chevy"
The good thing about this is that it allows us to get a better idea as far as a tracklisting. Here are the tracks mentioned (not in any particular order):
"Everybody Know Me"
"We Riden"
"Bite Down"
"Paper" featuring Rick Ross
"Table Dance" featuring T-Pain
"Back Up N Da Chevy"
"Jump" (interestingly, they say that this samples the classic Van Halen song "Jump")
"We Ready" featuring Yung Joc
"Nothing Promised" featuring Yung Joc
"Choppers" featuring Ice Cube
10 tracks is all they mentioned, but that doesn't mean that's all their is or is going to be, of course.
Via boyzndahood at BadBoyForever.com.
As I was reading this Diddy blog entry where he mentions that Snocap (basically, a service that allows labels to sell music online (including through MySpace by embedding their shop/player thingy)) is up on his MySpace, Biggie's and Danity Kane's. In them, you can buy tracks from "Press Play", "Greatest Hits" and "Danity Kane". And that's great and all.
But, what they should really do is to sell the tracks that they put on their MySpace profile. For instance, on Diddy's, sell the "Last Night" remixes. On Danity Kane's, sell that dance remix they have up. That would be a nice MySpace tie in and would generate more sales. Get it up as soon as they launch the song on MySpace. That way, you also get the people who want the latest - and you get the impulse buys. People listen to a song and... they can't buy it anywhere. So, they wait and wait and... they get tired of it (I don't, I'm that big a fan, but you know what I mean - Bad Boy is trying to capture new people as much as engage current fans).
I'd like to see that. I am thinking there may be some legal reason why it can't happen (I am going to ask and I'll report back with the answer if I get one).
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