BUSINESS NEWS
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| Alan Ridgeway Appointed CEO Of International Music At Live Nation Live Nation, the world’s largest live music company, announced today that Alan Ridgeway has been promoted to Chief Executive Officer of the company’s International Music Division. |
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Bowzer New Law Promises Fines For Knockoff Music Acts In NYKnockoff music acts that impersonate the real performers can face fines up to $15,000 under a new law in New York. |
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| Study Claims To Reveal Massive Losses From Music Piracy A new study from the Institute for Policy Innovation reports that "bootlegged" music costs the U.S. $12.5 billion and 71,000 new jobs each year. |
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| Music Industry Pays Lobbyist $100,000 The Recording Industry Association of America paid the Alpine Group Inc. $100,000 in the first half of 2007 to lobby the federal government, according to a disclosure form. |
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| Venture Capital Firm Jordan Co. Obtains Majority Share Of PRG The Jordan Company L.P.today announced the closing of its investment in Production Resource Group, Inc. replacing Boston Ventures as PRG management's capital partner. |
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| Met Opera Has Record Opening-Day Sales The Metropolitan Opera has a new record -- in opening-day sales. |
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| Carns Appointed SGM Ticketmaster Ticketmaster has appointed Geoff Carns as senior general manager for the Southern California region. |
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Wilson Tony Wilson’s ‘In The City’ Conference To Carry OnIn The City, the Manchester-based music conference launched by Yvette Livesey and the late Tony Wilson, has announced that it will be going ahead as scheduled, honoring the loss the one of its directors. |
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| Dubai World Goes To Vegas With $5B A holding company for the Persian Gulf state of Dubai has laid down a big marker on the Las Vegas Strip. |
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| Fahn Named SVP Dick Clark Productions Terry Fahn has joined Dick Clark Productions, Inc., which was recently acquired by RedZone Capital and Six Flags, Inc., as senior vice president Communications. |
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Skorich & O’Reilly O'Rielly & Skorich Named EVPs At Palace Sports & EntertainmentJohn O’Reilly was named Executive Vice President and Chief Financial Officer and Peter M. Skorich was named Executive Vice President of Broadcasting and Multimedia for Palace Sports & Entertainment. |
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| ASCAP Surpasses 300,000 Members ASCAP, the first performing rights organization, has long been driven by the talent and vision of its music creator members. |
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| 'Superbad' Has Super Haul Of $31 Million Superbad" was super good at the box office, proving that a no-name cast could hold its own amid A-list summer blockbusters. |
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