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artistdirect

Monday Business Links: Activision Acknowledges Buyer's Market

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• The CEO of Activision commented to the Financial Times on Warner Music Group chief Edgar Bronfman's statement that labels and publishers are not being compensated properly for use of their songs in video games. "We’re going to favour those publishers that recognise and appreciate how much we can add value to their artists," said Robert Kotick.

Wednesday Business Links

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ArtistDirect posted a loss of $4.76 million in the quarter ending March 31, 2008. That is a huge drop from a profit of $3.5 million a year ago, although the drop in operating profit was not as great and the net increase in cash actually improved.

ARTISTdirect Considering Sale, Merger

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Digital entertainment company ARTISTdirect announced it has retained the services of Salem Partners LLC to help it with a possible merger or sale of the company.

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