orchard

In a first for a music trade group and an ISP, Virgin Media is teaming up with the British Phonographic Industry (BPI) to educate its customers on illegal downloading.

It's a month old, but last night I was looking over the 10-K of Entertainment Distribution Company, Inc. and noticed its mixed performance. The company was formed from the acquisition of Universal Music Group's manufacturing U.S.

This week's featured posts from the Coolfer Job Board are:

Account Manager, American Express Access, Music at Momentum Worldwide. New York, NY.

The CD format showed to be of waning importance for Borders as the company issued a press release for its Q1 2008 results. Music sales dropped 25.8% versus the previous year. The company attributed the decline to negative sales trends as well as a planned reduction of inventories.

• The Abu Dhabi Media Company and AMES, a Middle Eastern affiliate of Bertelsmann, have launched a download store called GETMO that offers music, videos, games and other digital content. The site sells a la carte downloads but will emphasize sponsored content such as downloads bundled with consumer products.

Through the end of May get 50% off posts at the Coolfer Job Board by using promo code COOLFER50 when you check out.

That's about fifty bucks to list a job for thirty days!

• Chrysalis lost $25.7 million in the seven months ending in February 2008. Revenues were down $800,000 to $56.6 million. The company spent $1.78 million on advisers in its bid to be acquired and took at $23.3 million charge in a buyout of its pension scheme.

Citing improved digital sales and the integration of BMG Music Publishing and Sanctuary, Vivendi announced Universal Music Group's Q1 2008 earnings today.

This week's featured posts from the Coolfer Job Board are:

Senior Coordinator, Artist/Label Relations (ALR) at The Orchard. New York, NY.