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Showing posts with the label Columbia Records


'Glee' Helps Struggling Music Industry

'Glee' Helps Struggling Music Industry Its characters may feel like a bunch of unloved high-school misfits, but the quirky musical TV comedy " Glee " is putting smiles on the faces of music industry executives searching for new revenue in an era of plunging album sales. Two months into the 2009-10 TV season, "Glee" is drawing a weekly audience of 8.6 million viewers to the Fox television network. Fans have bought more than two million tunes sung by the show's cast on iTunes, and soundtracks are being compiled and sold in traditional stores. Revenues are being split among Fox and the record company, and artists and music publishers are being paid licensing fees for songs "Glee" uses in musical numbers in each episode. "Record labels have been desperate for new revenue," said Steve Knopper, contributing editor for Rolling Stone magazine. "They are trying to figure out any way to make money and one pretty reliable way is to sync up