The streaming-music service’s revenue last year was more than $1 billion, up 74% from a year before, but it posted an $80 million net loss. (At least that was 30% smaller than the loss in 2012.)
Category: music
Teetering Ulster Orchestra Gets A Lifeline (A Short One)
“Belfast City Council has agreed to give £100,000 to the Ulster Orchestra, to help it out of its financial problems. However, the offer is conditional on other funders also contributing to the orchestra’s £500,000 shortfall.”
Judge Denies NY City Opera An Extension For Bankruptcy Reorganization
“The ramped up pressure on City Opera came from Gene Kaufman, an architect and businessman who has been angling to buy the company’s assets, which consist primarily of a $5 million endowment, currently controlled by the State Attorney General. Kaufman argues that the company has been stalling and has failed to “pull the trigger” on a sale proposal.”
That Henry Mancini Sound: Here’s Where It Came From
“From the “Pink Panther” and “Breakfast at Tiffany’s” to “Gunn” and “Charade,” Mancini’s film scores went beyond background music. They expressed a new American modernism that embraced simplicity, sleekness and space. Free of heavy classical motifs found in many earlier film scores, Mancini’s music was streamlined for sensuality, with many of his soundtracks becoming more memorable than the films’ actors and plots.”
Why Are Pop Music Songs Three Minutes Long?
Modern pop charts show that artists still stick to the three- to four-minute mold, though radio restrictions are no longer as ironclad. For that, musicians can thank Bob Dylan.
Iconic “Casablanca” Movie Piano Sells For $3.4 Million
It is one of the most famous pianos in the world, the piano Ingrid Bergman was close to when she delivered one of Hollywood’s unforgettable lines: “Play it, Sam. Play ‘As Time Goes By.’ ” It is the short little upright from Rick’s Café Américain in the movie “Casablanca.”
San Diego Symphony’s Music Director Announces His Departure
“Jahja Ling, the conductor responsible for rebuilding and revitalizing one of the region’s keystone cultural institutions, is stepping down.” Said the maestro, “After the 2016-17 season, I look forward to pursuing more international guest conducting, … teaching and continuing my volunteer work in Christian mission.”
Minnesota Opera CEO Resigns
“The Minnesota Opera, which has become a national leader in generating new work, appears to be less than stable at the executive level. President and General Director Kevin Ramach resigned this week after about 2½ years in the role. Ramach himself had succeeded Allan Naplan, who quit in 2012 after a year in the job.”
Venerable Music Publisher Starts Its Own Record Label
“The music publisher Edition Peters, which can trace its history back to 1800, is launching a new record label called Edition Peters Sounds. The new record label will focus on recordings made by artists represented by Edition Peters’ artist management company, … usually performing works from the extensive Edition Peters publishing catalogue.”
Is Classical Music In The Middle Of A ‘New Movement’?
“Of course, venues like this attract a huge clubbing audience, who are enjoying music and listening to amazing artists from different genres, so it’s a natural place for us to be.”
