The Orchard Wins TVT Bankruptcy Auction
The Orchard has declared they are the winners of the TVT Records Chapter 11 auction, held yesterday in New York. Terms of the deal were not disclosed, and our inquiries to The Orchard’s PR department were rebuffed, but it is been reported that The Orchard shelled out $6.05 million for the honor of taking the beleaguered label off of Steve Gottlieb’s hands. The acquisition, expected to close by July 3, is still subject to...
British Music Rights Survey Reveals Teenage Music Consumption Behavior
British Music Rights has released the results of an extensive survey investigating the music consumption behavior and experience of young people aged 14-24. The largest U.K. academic survey of its kind was carried out in February and March of 2008 by the University Of Hertfordshire. Music Experience and Behavior in Young People presents a number of headline messages, according to BMR, including the news that “14- to 24-year-olds...
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