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We've seen vinyl, 8-track and cassettes come and go. Why should the CD be any different? Side-Line Music Magazine reports that major record labels plan to abandon the CD by the end of 2012 -- if not sooner.
Recorded music sales in America plunged another 7% last year as the sharp 16% drop in CD revenue more than offset gains in digital-media sales, according to new report. Overall sales fell despite the fact that illegal downloads of music have declined markedly since LimeWire was shut down.
The KISS frontman may still want to rock all night and party every day. But lately he's been getting up relatively early, putting aside the makeup and fake blood and embracing financial responsibility -- pitching the financial advisory services from Cool Springs.
Citigroup has foreclosed on U.K.-based record label EMI Group, taking it back from private-equity firm Terra Firma, which bought EMI from Citigroup for a whopping $4.7 billion in 2007.
The world's largest chipmaker is looking to promote its technology products through a new association with the seven-time Grammy Award winner. Says will.i.am: "When I see an Intel chip, I think of all the creative minds involved that help to amplify my own creativity."
Handwritten lyrics scribbled by John Lennon on the back of a phone bill are expected to sell for 350, 000 pounds ($553,000) at auction. Lennon scrawled some lyrics for "I'm Only Sleeping" on the back of a letter demanding overdue payment for his radiophone, an early car phone, The Guardian...
Just one week ago, Apple announced a deal to sell Beatles's music on iTunes. Since then, the company has already sold 2 million Beatles songs and 450,000 full albums. Which song and album has proven most popular so far?
After a long and successful career, legendary music mogul Quincy Jones is reaching out to a new generation. In conversation with AOL, he points a finger at the Internet for crippling the music business.
EMI Group, owner of the rights to songs by bands including the Beatles, Pink Floyd and Deep Purple, may attract takeover bids as pressure mounts for the company to sell assets. Warner Music Group and BMG Rights have both previously expressed an interest in buying EMI's publishing assets,...
A U.S. federal court has issued an injunction to stop the LimeWire file-sharing service, which allowed users to share songs and other files over the Internet. The Lime Group was found liable of copyright infringement in May.

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