music industry

Barry Diller Bows Out as Live Nation Chairman

Barry Diller announced his impending resignation as Live Nation chairman Tuesday, perhaps putting an end to his tussle with the rest of its board for control of the struggling concert promoter and talent agency nearly a year after its merger with Diller's Ticketmaster.

Legal Briefing: Supreme Court Considering Music File-Sharing Case

In today's legal news, the Supreme Court has expressed interest in a case involving a teenager's illegal music file-sharing, the legal battle over stem cell research has already pushed some scientists to other fields, and a third woman has alleged that a Wisconsin DA harassed her with sexual text messages.

Apple's Ping Ain't Got That Swing

The centerpiece of Apple's recent product announcements was its new music social network Ping. The core technology from Ping appears to be have been built by the team from Lala.com, the music streaming startup that Apple acquired in January 2009. But without the streaming music model, Ping is half the service Lala used to be. It's not a bad product, it's just not terribly transformative.

The Business of Hip Hop: Brand Masters Bring in the Cash

For many rap and hip-hop artists, behind all the trash talk and posturing, it's all about business. Forbes recently released its Hip Hop Cash Kings list, and the 20 big names on it racked up a total of about $300 million, despite the weak economy and the Internet revolution that is killing the CD business.

Jay-Z Captures Hip-Hop's Cash Crown

Hip-hop pays well, very well, at least for Jay-Z. Forbes reports Jay-Z racked up $63 million in the past year -- owing about $22 million in taxes.