Wednesday Morning Business Notes, Links
Dying, but still a good investment: Deluxe Global Media Services Blackburn Ltd, which just invested $6 million in a CD maker, has been taken over by Atlanta-based Glenayre Technologies, Inc. Deluxe is the largest CD replicator in the UK. Its clients include Universal Music Group and Warner Music Group. (Lancashire Telegraph)
Statistics on Canadian performance arts groups: pre-tax income has almost doubled in three years, revenue was up 4.2% over last year, and grants from the government and private sector dropped a point from three years ago. (Playbill)
Universal Music Mobile selected Targetize to provide search and discovery solutions for its AnySong service in the Netherlands. AnySong provides mobile subscribers access to over 250,000 songs, clips and ringtones. It will also have content from Sony BMG and Warner Music Group. (Press Release)
Digital distributor The Orchard has reached one million licensed tracks its catalog. The one that put them over the mark? Barenaked Ladies' "Sound of Your Voice." (Yahoo! Finance)
Universal Music Publishing Group signed composer Carol Bayer Sager to an exclusive, worldwide administration agreement. Bayer wrote the lyrics for such hits as "That's What Friends Are For" (which she co-wrote with then-husband Burt Bacherach), "Don't Cry Out Loud" and "They Prayer." (Jazz News)
The FCC will finalized, by the end of this year, a three-year old study on localism and public hearings on how to help the commission further deregulate the broadcast industry. (Billboard Radio Monitor)
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