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Category Archives: Gloom And Doom

U.S. Album Sales Honeymoon Is Over

Posted by on July 6, 2012

So now that 2012 is more than half over, the folks at Billboard have crunched some numbers for record sales for the first half of the year. And while last year at this time showed album sales increasing for the first time since 2004, it’s back to business as usual this year. Album sales for the […]

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Are ‘Very Bad Things Ahead’ For Warner Music Group?

Posted by on December 8, 2011

That’s what a recent article on Digital Music News cites a source inside the company as saying.  Warner Music Group was acquired for $3.3 billion by Russian billionaire Len Blavatnik’s Access Industries back in May. Now, according to the source, Blavatnik is having a case of buyer’s remorse. WMG chairman Edgar Bronfman Jr. is exiting the […]

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Another College Radio Station Taken Off The Air

Posted by on June 8, 2011

You can now add Vanderbilt University’s WRVU/Nashville to the continuing list of college radio stations getting the axed from the airwaves. Back in September of 2010, the Vanderbilt Student Communications announced they were looking into moving the famed Nashville college radio station from the air to solely online. Well yesterday, VSC and Nashville Public Radio […]

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Portland’s KUFO No Longer Rocks, Switches To News Format

Posted by on March 16, 2011

After 21 years of playing rock, Portland, Oregon’s KUFO has changed formats. Alpha Broadcasting announced yesterday (March 15) that the channel will opt to simulcast news/talk AM station KXL on channel 101.1 instead of its previous active rock format. Bob Proffitt, Alpha Broadcasting President/COO, had the following to say about the station’s new format: “Today […]

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Warner Music Group Experiences 8th Straight Quarterly Loss

Posted by on February 8, 2011

Looks like Sony isn’t the only one who experienced a poor fourth quarter this year. DigitalMusicNews.com reports that Warner Music Group’s fourth quarter revenue experienced a 13 percent slip to $752 million, while full-year revenues dropped 7 percent to $2.98 billion. This marks the 8th straight quarterly loss for WMG. Music publishing revenue also took a […]

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