Jonas Brothers To Set Sales Records: The Jonas Brothers were dropped from Columbia Records because they didn’t see the INDICATORS to make a second record. I suppose Columbia’s jaw is dropping to the floor because the Jonas Brothers new record ‘A Little Bit Longer‘ is expected to sell 725,000 via Hollywood Records. Miley sold 370,000 copies of her album ‘Breakout’. Columbia should have hung in a little longer as the Jonas Brothers earned $12 million in 2007.
CMJ Line Up: The first list of artists confirmed for the NYC’s CMJ has been announced. Booked to perform are: 3OH!3, A Place To Bury Strangers, AIDS Wolf, An Albatross, Ane Brun, Anna Ternheim, Annuals, Beach House, Broken Social Scene, Cool Kids, Crystal Castles – see the list here.
Warner Music Dips After Sales By Record Exec: Shares in Warner Music Group Corp. slid 9.3% Wednesday after a filing showed top music executive Lyor Cohen sold 800,000 shares. According to Forbes, “Senior management continues to carry on as if the music industry was in its heyday,” Greenfield wrote. “This simply cannot help morale at WMG.”
Music Mags Going Through Rough Times: Music mags had a rocky first half of 2008, with only Metal Hammer showing significant gains. Kerrang!, NME, and Q all saw a decline in readership. “Metal Hammer ended the half year up 6.0% with 48,540 readers, although this was still down 1.2% on the year. Kerrang! posted a 21.6% drop in readership for the half year to 60,290, and NME was down 12.1% for the half year and 17.4% for the year at 56,284 readers” according to Music Week.