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LONDON -- The UK record industry registered a 4.2% drop in the value of shipments during the third quarter of 2001, ending a run of 10 successive periods of growth, [...]

BERLIN/LONDON -- The two European-owned majors are to undergo radical restructuring and cost-cutting in an attempt to deal with the downturn in worldwide music sales. BMG president Rolf Schmidt-Holtz announced […]

COLOGNE -- Vivendi Universal (VU) is getting ready to roll out its music online service Pressplay in mid-September with an ambitious offer that the company's chairman Jean-Marie Messier says will […]

LONDON -- The man best known to the UK's geberal public for a number of high-profile presenter sackings is, perhaps ironically, launching a company called Trust The DJ. Matthew Bannister, […]

LONDON -- European recorded music unit sales improved by 6% in the first half of 2000 compared with the same period last year. Bolstered by strong growth in Germany (5%) […]

LONDON -- Britain's domestic music market grew slightly to 224 million [pounds sterling] (euro 380 million) for the first quarter of 2000, as the strong pound continued to hit record […]

Piracy, digital downloads and VAT were some of the keywords on the Croisette this year, as close to 10,000 people attended the 37th annual MIDEM. M&M reporters on the Riviera [...]

LONDON -- Announcing its preliminary results for the year ending August 31, 2002, UK music and media group Chrysalis has returned to profitability in what chairman Chris Wright describes as […]

LONDON -- Ensuring the future of his label while still being able to retain control over its operations was the key element in the decision by Mute founder and executive […]

LONDON -- Ministry of Sound (MoS) founder James Palumbo is stepping away from his role as CEO of the financially-troubled UK-based dance music brand. Creative and marketing director Mark Rodol […]