- While Radiohead were asking fans to pay what they thought In Rainbows was worth, the band was telling EMI what they thought they were worth to re-sign: £10 million. According to reports, the group also asked for the rights to their six-album back catalog. EMI countered with a £3 million offer and a refusal to give up their stock in Radiohead’s previous output. The band ultimately signed with TBD Records and XL Recordings for North American and international distribution, ending their ten-year relationship with EMI.
- The original Kinks lineup reportedly have plans to reunite for the first time in nearly four decades. Despite the fact that Dave Davies had a stroke in 2004 and bassist Pete Quaife has suffered from kidney problems, singer-guitarist Ray Davies say the band, along with drummer Mick Avery, are keen to hit the road in 2008.
- To put the final exclamation point on a bad year for music sales, in the holiday buying frenzy between Thanksgiving to Christmas, CD sales were down nearly twenty-one percent from the same time period last year, as only 83.9 million albums were sold compared to 2006’s 105.28 million.
- Earlier this week, Jay-Z announced his exit from Def Jam’s executive offices; now he’s having trouble with his Las Vegas 40/40 club, as the venue failed to pass inspection, putting its New Year’s plans in doubt and forcing the ownership group to refund tickets to the club’s planned opening.
- Investigators in Las Vegas are heading to Los Angeles to see if they can dredge up any new evidence in the murder of Tupac Shakur. The revitalization of the investigation may have been spurred by the documentary Tupac Assassination: Conspiracy or Revenge, which claims that Death Row CEO Suge Knight and security chief Reginald Wright Jr. are to blame for Tupac’s murder. Wright denies involvement with the crime, and has agreed to take an investigator’s $100,000 polygraph challenge.
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- Portions of Album Content Provided by All Music Guide © 2009 All Media Guide, LLC.
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