There is a very good reason for the problems we all have witness or have experience when its comes street gangster hiphop and rap.Which has become a definitive cultural movement of our generation of this day and time. Young adults follow trends that rappers initiate whether good or bad – in our generation today it’s not just a following it’s a way of being. When rap first emerged in the 1980’s politicians challenged it’s content, which created a divide amongst hip hop generationers and the Blacks of the civil rights. Studies show that black boys and girls are actually more knowledgeable about issues such as AIDS and politics when they listen to hip hop as well as the white boys and girls whom also can relate to hiphop and the power of this very American Culture which our news media will never control, as karma continues to come back around which is not black or white its just life.
Thursday, February 26, 2009
Monday, February 9, 2009
The New Digital Platform Is Now 19% of Total Revenues for MajorLabel
The Warner Music Group now generates 19% of its total revenues from digital music, and reported $171 million in digital revenue for its fiscal quarter ended Dec. 31 -- a 20% increase from the same period a year ago.
In the U.S., digital generated $99 million during the quarter, accounting for an even larger 31.4% of total recorded music income.
Overall, the company reported a net profit of $23 million for the quarter, compared with a net loss of $16 million a year ago, while revenue was off 11.2% to $878 million.
"Though facing difficult economic conditions and tough prior-year comparisons, we executed on our strategy and remain confident in achieving our long-term goals," said Edgar Bronfman, Jr., Warner Music Group's chairman and CEO.
"We continue to develop new music business solutions and maintain our digital leadership position, while managing costs, gaining share and delivering strong returns on A&R investments.",As we proceed into this new era and except these new concepts of the digital downloads of recorded music and multimedia files etc,hopfully
more new unsigned artist will get a better chance at promoting and saleing their music.
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