Producers Jam, Lewis Sell Studio for &#36;2.3M
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Music producers Jimmy Jam and Terry Lewis have sold their Edina studio to Twin Cities real estate developer Karl Bohn for &#36;2.3 million.
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Hollywood directors reached a tentative contract deal Thursday with studios, a development that could turn up the pressure on striking writers to settle their 2-month-old walkout that has idled production on dozens of TV shows.
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Compressor and machinery maker Atlas Copco  said it had agreed to sell most of its U.S. equipment rental business for $3.8 billion to Ripplewood Holdings and Oak Hill Capital Management.
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Martha Stewart, the jailed founder of media company Martha Stewart Living Omnimedia Inc., sold about &#36;8 million worth of shares this week, according to a regulatory filing.
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The company charged with developing  the standard for digital radio in the United States said on  Wednesday it has struck deals to convert another 2,000 stations  nationwide to its format.
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NEW YORK  - Three striking writers have found work with a new-media studio run by a former MTV Networks executive.
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So far 2008 has not been a good year for music sales. This week Alicia Keys, below, stays atop the Billboard chart with âAs I Amâ (J), but the number of copies that CD sold is barely above the historic low for a No. 1 album. Nielsen SoundScan reported that 61,000 copies of the album sold last week; the least number of weekly sales for No. 1 is 60,000, set by the âDreamgirlsâ soundtrack a year ago. (The numbers are rounded.) This week the âJunoâ soundtrack (Rhino) is at No. 2 with 58,000, Mary J. Bligeâs âGrowing Painsâ (Geffen) is No. 3 with 52,000, and Radioheadâs âIn Rainbowsâ (ATO) is next with 46,000. The R&B singer Raheem DeVaughn opens at No. 5 with 45,000 sales of âLove Behind the Melodyâ (J) and John Legendâs new âLive From Philadelphia,â available only through Target, reached No. 7 with 33,000.
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The Dutch publisher VNU, which owns the Nielsen TV ratings service, said Monday it signed a deal to sell its World Directories unit for &#36;2.6 billion to a group assembled by the private equity firms Apax Partners Worldwide and Cinven Group Ltd.
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The new owners of music label EMI Group Â home of the Rolling Stones, Coldplay and the Spice Girls Â said Tuesday that they plan to cut up to 2,000 jobs, or just over a third of its work force, in a restructuring aimed at offsetting the impact of falling revenue from CD sales and the departure of several of its major artists.
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Owners of 45 per cent of US pre-recorded disc market signed
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Sony Corp. is a step closer to acquiring famed Hollywood studio Metro-Goldwyn-Mayer Inc. in a &#36;3 billion deal that would give it a considerable library of more than 4,100 titles.
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Business & money: Owner outlines his strategy to revive label in face of growing opposition to plans to cut up to 2,000 jobs
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RealNetworks says it sold more than three million tracks thanks to an aggressive three-week price promotion in the US. The company halved the cost of tracks to 49 cents in mid-August to try to tempt consumers away from Apple&#39;s iTunes music store.
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Britain's Rank Group  has agreed to sell its Hard Rock cafe and casino business for $965 million to the native American Seminole Tribe of Florida, which already makes 90 percent of its revenues from gambling.
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Studio Usa, registrato aumento del 36% in 2002-2006
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EMI has agreed to sell  its historic Capitol Records Tower in Hollywood to a New  York-based commercial property firm, but the label will remain  housed in the building under a long-term lease.
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Millionaire musical composer Andrew Lloyd Webber may soon be singing all the way to the bank after getting an offer for his Really Useful Group, worth up to &#36;934.2 million.