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Ed Christman,

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SoundScan’s First-Quarter Numbers: Sales Down, Streams Up

Downloads decreased in the first quarter to nearly match historic drops in CD sales from 2007-2010.

Rate Court Judge Rules Pandora Will Pay ASCAP 1.85 Percent Annual Revenue

Decision is viewed as a setback for songwriters, according to publishing exec Martin Bandier.

EMI: With Bids Low, Company Considers Whether to Split Up or Postpone Sale

According to sources, prospective buyers for EMI Music Publishing include BMG Rights Management and Sony Corp., while suitors for the recorded music side of EMI are Universal Music Group, Warner…

Universal’s Doug Morris Gets Early Contract Release; Move to Sony is Imminent

The UMG chairman will be released from his contract on June 30, six months ahead of its original end date, says a source. An announcement from Sony Music is expected today.

Kobalt Music To Administer Pearl Jam, Eddie Vedder Solo Work Exclusively

Classic albums 'Ten' and 'Vs.' are included in worldwide admin deal as well as songs from 'Into The Wild' and 'Eat Pray Love.'

Terra Firma Loses Cases Against Citigroup: What It Means For EMI

British financier Guy Hands has lost his court case accusing Citigroup Inc of tricking him into overpaying for music company EMI, a deal that came to epitomize the risks of loading companies with…

Koch acquires Navarre for $6.5 mil

Koch Entertainment has signed a definitive agreement to purchase Navarre Entertainment Media for $6.5 million, the two companies confirmed. The deal, which was first tipped on, is…

Capitol sales team exits

The sales department of the newly formed Capitol Music Group will be handled by the former Virgin Records sales staff, headed up by Dominec Pandisca, sources say.