Sony BMG Reveils Loss Of $8 Million During Second Quarter
Sony BMG recorded a net loss of $8 million on sales of $851 million in its fiscal second quarter ended Sept. 30. The number compares with a wider net loss of $39 million on sales of $948 million in 2006’s fiscal second quarter. The company attributed the 10.2% drop in sales to the declining of the physical music market and to fewer major artist releases in this year as compared to last year. Although these numbers paint an...
Nine Inch Nails Declares Free Agency
Hello everyone. I’ve waited a LONG time to be able to make the following announcement: as of right now Nine Inch Nails is a totally free agent, free of any recording contract with any label. I have been under recording contracts for 18 years and have watched the business radically mutate from one thing to something inherently very different and it gives me great pleasure to be able to finally have a direct relationship with the...
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