August 28, 2006

• Charles Duhigg has an interview with Lyor Cohen of Warner Music Group in today's LA Times. In terms of market share, the company has done well in the last year. Can it be called a turnaround? Let's wait until net income looks a bit rosier. Quote of the article: "Our industry wastes money on hundreds of acts because executives are afraid to cut an artist who might be successful somewhere else." (LA Times)

• Then there's his personal life: Cohen sold over $17 million of company stock to "address financial needs arising from the anticipated divorce settlement" with his current wife of 14 years. (Fox News)

• Clear Channel Radio is cutting some layers of management.

• A profile of indie retailer Boogie Woogie in Hollywood, Florida. Here's something I found surprising: "(The owner) adds that people are becoming more ethical about illegal downloading, and clerks at the store discourage customers from the practice." (Herald Tribune)

• Two Silicon Valley IP lawyers outline pitfalls of and give recommendations about DRM to music companies. (Law.com)

• Ara Guzelimian will be the next dean of the Julliard School next year. (Playbill)

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Posted by Glenn at 10:05 AM | | | Brick-And-Mortor Retail | DRM | Radio | Warner Music Group