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Tag: Music Biz (91-100 of 205)

Sly Stone files suit against ex-manager

Reuters is reporting that Sly Stone filed a $50 million lawsuit against his former manager Jerry Goldstein yesterday, claiming fraud and 20 years of stolen royalties. Stone, 66, the frontman of 1960s and ’70s band Sly and the Family Stone, alleged that Goldstein had diverted an estimated $20-$30 million of royalties to fund a lavish lifestyle. The musician also claimed that his ex-manager registered the band’s name (Sly and the Family Stone) as his own property and used it borrow millions of dollars.

Filed in Los Angeles Superior Court, the suit seeks damages of $50 million and asks for a full accounting from royalty collection companies to determine how much had been taken from Stone.

Maria Bello to star in HBO's 'Emergency Sex'

A History of Violence actress Maria Bello has signed on to star in HBO’s drama Emergency Sex, a series in development that will be written by Slumdog Millionaire writer Simon Beaufoy, according to the Hollywood Reporter. Beaufoy will also be an executive producer alongside Russell Crowe. The series is inspired by the book Emergency Sex and Other Desperate Measures: A True Story From Hell on Earth, by Kenneth Cain, Heidi Postlewait, and Andrew Thompson. The Hollywood Reporter says the show “revolves around the larger-than-life exploits of expatriate nongoverment-organization workers who find their sanity tested in the face of atrocities, loneliness, and primal desires.”

Justice Department approves merger of Ticketmaster and Live Nation

The proposed merger between ticketing company Ticketmaster and concert promoter Live Nation won approval today from the U.S. Justice Department, according to Yahoo! News. The idea of the two music business giants uniting has been heavily criticized by Bruce Springsteen, among others. In February last year, the Boss wrote on his official blog that, “the one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system, thereby returning us to a near monopoly situation in music ticketing.”

Quincy Jones and Lionel Richie plan 'We Are the World' sequel

According to The Hollywood Reporter‘s Roger Friedman, Quincy Jones and Lionel Richie are in the midst of planning a sequel to “We Are the World,” the collaborative single released 25 years ago. The duo have reportedly reached out to singers like Usher, Natalie Cole, and John Legend, and hope to gather the musicians during Grammy weekend. All proceeds will go to Haiti relief.

Simon Cowell and Sony ink deal

Simon Cowell and Sony Music Entertainment announced on Tuesday the creation of a joint venture to produce and distribute music, TV, film, and digital content, according to The Hollywood Reporter. Coming just days after Cowell announced that he was leaving American Idol, his new five-year partnership with Sony will pool the TV and music assets of his X Factor and Got Talent shows on both sides of the Atlantic  as well as a musical roster that includes such hitmakers as Leona Lewis and Susan Boyle. In exchange, Cowell will regain partial control of his production company, Syco, which had been 100-percent owned by Sony. “I have had a fantastic relationship with Sony for many years and I am delighted we are launching this venture together,” Cowell said in a statement.

Miley Cyrus, Ringo Starr, Jeff Bridges, and Kristen Bell join Grammy presenter list

This morning, the Recording Academy announced a raft of more bold-faced presenters for the 52nd annual Grammy Awards, which will air live on CBS Jan. 31 at 8 p.m. ET/PT.

Amongst the names? Tween idols (Miley Cyrus, the Jonas Brothers, Justin Bieber), actors (Jeff Bridges, Josh Duhamel, Kristen Bell), previous Grammy winners (Norah Jones, Ricky Martin, Carlos Santana, Ringo Starr) and one reigning Billboard chart queen (Ke$ha).

They all join previously announced performers and/or nominees, including Best Album nominees Lady Gaga, Beyoncé, the Black Eyed Peas, Dave Matthews Band and Taylor Swift (all of whom will perform), plus Bon Jovi, Maxwell, Pink, Green Day, Lady Antebellum, and the Zac Brown Band.

Nick Cannon to host NY morning radio show

Nick Cannon is adding another MC gig to his resume. The America’s Got Talent host will serve as morning drive host on CBS Radio’s top 40 New York station 92.3 NOW (WXRK-FM). Cannon’s show will feature music, celebrity interviews, pop culture and lifestyle talk. Cannon begins his show Jan. 19.

NY court reinstates antitrust lawsuit against record labels

A New York federal court reinstated an antitrust lawsuit that accuses major record labels of fixing prices and terms for music to be sold over the Internet, Reuters reports. The plaintiffs said that they entered into joint ventures and licensing that, in effect, created artificial price floors for downloaded music and wholesale prices of 70 cents per song when competitor’s distributed their music. Circuit Judge Robert Katzmann, one of three judges on the panel, said, “Some form of agreement among defendants would have been needed to render the enterprises profitable.”

Madonna's 'Sticky & Sweet' concert heads to DVD and CD on March 30

Madonna’s recent “Sticky & Sweet” tour is set for release on DVD, Blu-Ray, and CD on March 30, according to a release from Live Nation. The release of the concert, which the live music company claims was the most successful tour by a solo artist in history and was seen by more than 3.5 million people in 32 countries, will include many of Madonna’s hits, including “4 Minutes,” “Like a Prayer,” “Hung Up,” and “Ray of Light.” The version that will be released was filmed on the singer’s stop in Buenos Aires, which included Madonna’s performing Evita hit “Don’t Cry For Me Argentina.” The DVD will also feature 30 minutes of footage from backstage on the tour.

Beyoncé, Jay-Z are highest-earning couple in Hollywood

According to Forbes, music duo Jay-Z and Beyoncé Knowles earned $122 million between June 2008 and June 2009, landing them atop the publication’s annual Top-Earning Couples list in Hollywood for the second year in a row. The couple married quietly in 2008 and are responsible for everything from music (“Single Ladies” and “Empire State of Mind”) to clothing lines, worldwide tours, and product endorsements (for companies including American Express and Budweiser). Forbes reports that Beyoncé brought in $87 million of the couple’s cash to Jay-Z’s $35 million.

The runners-up? Harrison Ford and girlfriend Calista Flockhart, who earned a combined $69 million during the same time period.

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