Sony has signed a $250 million album deal with the late Michael Jackson’s estate, The Wall Street Journal reports. The deal, which comes nine months after his death, sets an industry record. It includes 10 albums over seven years, with a mixture of previously unreleased material and repackaged versions of formerly released songs. Since his death June 25, Sony has sold 31 million Jackson albums and his estate will likely earn $250 million in music, merchandise, and ticket sales to his This Is It concert film by the one-year anniversary.
Tag: Music Biz (71-80 of 205)
Legendary signer Diana Ross announced this week that she’ll be returning to the concert circuit with a summer tour in 17 U.S. cities. Her “More Today than Yesterday” tour will kick off in Boston on May 15 and conclude in Saratoga, Calif., on June 12. The 65-year-old singer, one of the most successful female singers of all time, last toured the country in 2007. Ross’ tour schedule is after the jump: READ FULL STORY
Legendary rock band Pink Floyd filed a lawsuit on Tuesday against the record label EMI over online royalties, according to Reuters. The group behind such hit albums as Dark Side of the Moon and The Wall signed with EMI more than 40 years ago and is now disputing how online royalty payments and the marketing of their music is determined. The band is also challenging EMI’s ability to “unbundle” their albums and sell individual songs online. Robert Howe, the band’s lawyer, told the High Court in London that a contractual clause “expressly prohibited” the practice. While the suit only seems to directly involve Pink Floyd, the end result of the suit would obviously have a huge impact for other bands going forward.
Singer Placido Domingo underwent surgery to remove a cancerous polyp from his colon last week at Mount Sinai Hospital in New York but is expected to make a full recovery, according to his publicist. Doctors have ordered the 69 year old to rest for at least six weeks.
Country singer Brad Paisley fell onstage during a Saturday night concert at the Charleston Coliseum in South Carolina. Paisley was examined at the Medical University of South Carolina Hospital in Charleston but released Sunday. Paisley later tweeted, “Tnx4 prayers, after my fall, I was just discharged from the hospital. Just very very bruised. Nothing broken, had a ct scan all is okay!”
Kimberly Wyatt and Ashley Roberts have bid farewell to the Pussycat Dolls, the BBC reports. Roberts reportedly released a statement saying that she has “gotten the acting bug and am falling in love with it. I have a few projects in the works and when ready I will announce more details to all of you.” She also said she’s “in the studio recording some of my own music.” Wyatt reportedly said to UK magazine Loaded, “Money and fame can’t buy happiness.”
The departures follow reports of a rift in the band caused by the rising star of lead singer Nicole Scherzinger, who has just been announced as a contestant on the upcoming cycle of Dancing With the Stars. Last year, Pussycat Dolls singles were being marketed as “The Pussycat Dolls featuring Nicole Scherzinger,” rather than just “the Pussycat Dolls,” as in the past. Group member Jessica Sutta, who left the group in January, told MTV at the time that she felt she “was always in the shadows of Nicole.”
Four people have been indicted by the U.S. Justice Department after illegally buying and then reselling tickets for major shows, like Bruce Springsteen and Bon Jovi. The ticket scam by Wiseguy Tickets Inc. earned the men involved $25 million, according to the Justice Department.
After a stint in rehab and whispers that he was going to be replaced, Steven Tyler appears ready to lead Aerosmith back on the road. In a video posted on the band’s website, Tyler jokes that “I just auditioned and I got the gig.” After scrapping a North American tour while the band considered a new lead singer, the rock quartet intends to kick off a European tour in Sweden on June 10.
The Rolling Stones’ classic 1972 double-album Exile on Main Street is being rereleased with 10 new tracks. Variety reports that the previously unheard songs–with titles like “Plundering My Soul,” “Dancing in the Light,” and “Pass the Wine”–were recorded during the original Exile sessions. Universal Music Group has scheduled a May 18 release.
Record company EMI filed a formal appeal today protesting a court ruling that the Australian band Men at Work copied a flute melody from the traditional children’s nursery rhyme “Kookaburra” in the 1982 no. 1 hit “Down Under,” according to Variety.
EMI’s claim states that similarities to two bars of the original song, whose publishing company is seeking millions of dollars in royalties from EMI, might be detected by “the highly sensitized or educated musical ear” but not by most ordinary listeners.
For a side-by-side comparison of the two melodies, click here.
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