Warner Music Group loses $18 million over three months

Warner Music Group loses $18 million over three months http://www.tinymixtapes.com/sites/default/files/news-11-02-warner-music-group-loss.jpg

In today’s “Which industry/country’s economy/company is going down the toilet?” column, I bring you news of Warner Music Group. It’s no shock that the recorded music industry isn’t doing too hot, but perhaps a few shareholders’ hands still reached to cover their genteel mouths and said “Dear me!” (shareholders are all clean-livin’, constantly fainting late-19th-century southern belles) when Warner announced two days ago that, despite high-profile releases from Kid Rock, Josh Groban, and Michael Bublé, the company lost $18 million over the last three months of 2010.

The loss comes as a result of WMG’s declining stock value. Values fell $0.12 during the period, and the company’s revenue fell 14% from what it had been the year before. It’s a complicated mix over there at Warner; although many of the company’s tribulations can be attributed to the overall decline of the music industry, WMG’s special trials also arise from the fact that it is the only major music group that’s publicly traded and accountable to shareholders. In an effort to to prevent further losses, WMG hired Goldman Sachs last month to find potential buyers for either Warner/Chappell, its publishing arm, or for the entire company.

Alexander Tucker (of Imbogodom) to release Dorwytch on Thrill Jockey

Is the daily grind keeping you down? Is this incessant chilly weather bumming you out? Ever feel the need to just kick back and rest your feet by a toasty fireplace with a stiff glass of scotch in hand? Well, go ahead and make that happen, but before you do I’d suggest accompanying the atmosphere with the warm, ghost-like finger pickings of Alexander Tucker. Come April, you’ll have a chance to do all this with a brand new Alexander Tucker LP straight from the fine curators of all things musically good, Thrill Jockey.

Dorwytch is Tucker’s first full-length since 2008’s Portal and his first for the venerable Chicago label, though Thrill Jockey did release the acclaimed The Metallic Year (TMT Review) last year, the debut album by Imbogodom, Tucker’s collaborative project with Daniel Beban. Expect a few divisive sounds from this one; according to the label, this album will include full instrumentation, plus drums and guest multi-instrumentalists. It’ll sorta be like when Iron and Wine adopted a fuller sound, except not shitty.

• Alexander Tucker: http://www.myspace.com/alexanderdtucker
• Thrill Jockey: http://www.thrilljockey.com

Vetiver announce tour, give vague heads-up on new album

In March, the ice thaws, the sun shines, and it’s time to join the migration of hundreds of bands as they journey from one side of the country to the other. Vetiver, hailing from Sub Pop’s folk quadrant, are joining the masses in a tour across the United States, and why shouldn’t they? While there is no new material officially released since 2009’s Sub Pop debut, Tight Knit (TMT Review), according to their blog, Vetiver have kept busy in the studio and plan to have an album ready for this summer (via Sub Pop and Bella Union) — just in time for ho-downs, pig pickin’s, and whatever else bluegrass/folk-inclined people like to do.


02.12.11 - Portland, OR - Benefest for the Portland Schools Foundation [Andy Cabic only] ^
03.11.11 - Baltimore, MD - Metro Gallery *
03.12.11 - Richmond, VA - Camel Club *
03.13.11 - Asheville, NC - Grey Eagle Tavern
03.14.11 - Nashville, TN - The End *
03.16.11 - Austin, TX - Central Presbyterian Church [SXSW] *
03.21.11 - Tallahassee, FL - Club Downunder *
03.22.11 - Orlando, FL - The Social *
03.24.11 - Durham, NC - Pinhook *
03.25.11 - Arlington, VA - IOTA *
03.26.11 - Hamden, CT - The Space *

^ Corin Tucker Band, Richard Swift, Eric Johnson (Fruit Bats)
* Sarah Lee Guthrie, Johnny Irion

• Vetiver: http://www.vetiverse.com
• Sub Pop: http://www.subpop.com

Cursive are getting the fuck out of the arctic Midwest for a few weeks… I mean, “touring later this month”

1. Yes, Cursive are touring the southern US for a few weeks starting the end of this month.

2. No, you haven’t missed something. They don’t have a record out or anything (not since 2009’s Mama, I’m Swollen). I’m pretty sure they just realized how balls-cold and snow-tastic it is up here in the Midwest right about now (Brrrrr) and decided to get the heck out of Dodge. Jerks.

3. Yes, they’re supporting the recently exhumed Bright Eyes for five of those dates in sunny, sunny Florida. And by “supporting,” I mean chillin’-on-the-beach-with. It’s gonna get all hypnagogic, I’m sure. Saddle Creek-style. Weed.

4. NO, they are not scheduled to play Domestica, so you can close this tab if you want to.


02.25.11 - Columbia, MO - Mojo’s
02.26.11 - Memphis, TN - Hi-Tone Café
02.27.11 - Birmingham, AL - The Bottletree
02.28.11 - Gainesville, FL - Common Grounds
03.01.11 - Tampa, FL - Crowbar
03.02.11 - Miami, FL - The Fillmore Miami Beach *
03.03.11 - Lake Buena Vista, FL - House of Blues *
03.04.11 - Atlanta, GA - The Tabernacle *
03.05.11 - Asheville, NA - Thomas Wolfe Auditorium *
03.06.11 - Richmond, VA - The National *
03.07.11 - Charlotte, NC - Tremont Music Hall

* Bright Eyes

• Cursive: http://www.cursivearmy.com
• Saddle Creek: http://www.saddle-creek.com

Gruff Rhys likes hotels, and on May 3, you can buy Hotel Shampoo and find out why

You always knew that release dates were unreliable, but here’s a nice example to convince anyone who naively doubted that the industry would really waffle on things like that. Up until a couple months ago, the word on the web was that Gruff Rhys’ new solo album, Hotel Shampoo, would be out in time for Valentine’s Day. Hopefully Gruff didn’t fit into your VD plans, because the most recently announced date isn’t until May 3 (c/o Wichita Recordings).

Hotel Shampoo is the third solo album from Super Furry Animals’ frontman, and the theme literally comes from shampoo; more specifically, Rhys’ collection of complimentary hotel products. Rather than serving as commentary on a sort of disposable consumer society always on the go, Rhys warmly reflects on this collection: “Having never kept a journal these items have become like diary entries, triggering memories of all those buildings and random people I’ve met and inspiring songs on the album.” Aw.

For more information, go here to watch an explanatory video, in which Gruff Rhys personally displays his mini shampoos, hotel slippers, soaps, and leftover keys. The video is footage not of Gruff’s home but an art installation he set up in Cardiff, at the Chapter Arts Center (where, following the installation, he spent the night). While you’re at it, check out the new video for “Sensations in the Dark”, the newest single (following “Shark Ridden Waters”, out since October).

Rather than let the illustrious collection stagnate, Gruff is already squirreling away more bottles and tubes as he tours Europe and Japan in support of Hotel Shampoo. Rest easy, Americans: Stateside dates are on the way.


02.14.11 - Sheffield, UK - Memorial Hall
02.15.11 - Glasgow, UK - Oran Mor
02.17.11 - Manchester, UK - St. Phillips
02.18.11 - Liverpool, UK - THe Kazimier
02.19.11 - Cambridge, UK - St. Paul’s Church
02.20.11 - Norwich, UK - Arts Centre
02.21.11 - Nottingham, UK - Glee Club
02.22.11 - London, UK - Cadogan Hall
02.25.11 - Bridport, UK - Palace Theatre
02.26.11 - Brighton, UK - St. Georges Church
02.27.11 - Birmingham, UK - Glee Club
02.28.11 - Bristol, UK - St. Georges Hall
03.04.11 - Paris, France - Le Café de la Danse
03.05.11 - Vevey, France - Rocking Chair
03.06.11 - Vienna, Austria - Flex
03.08.11 - Frankfurt, Germany - Brotfabrik
03.09.11 - Schorndorf, Germany - Manufaktur
03.10.11 - Brussels, Belgium - Rotonde Botanique
03.11.11 - Amsterdam, Holland - Paradiso
03.12.11 - Rotterdam, Holland - De Unie
03.14.11 - Cologne, Germany - Gebaude 9
03.15.11 - Hamburg, Germany - Imperial Theater Hamburg
03.17.11 - Copenhagen, Denmark - Loppen
03.18.11 - Stockholm, Sweden - Strand Club
03.19.11 - Malmo, Sweden - Debaser Malmo
04.26.11 - Tokyo, Japan - Club Quattro
04.27.11 - Osaka, Japan - Club Quattro

• Gruff Rhys: http://www.gruffrhys.com
• Wichita: http://www.wichita-recordings.com

GAYNGS head out on tour… without Prince :(

GAYNGS are heading out on a small tour, playing a few club dates and a few festival dates. Not the whole gang, but enough of them. Among the twenty-something contributors to the band, the ones that will be around for the shows are Justin Vernon and Mike Noyce of Bon Iver, main dude Ryan Olson, Zak Coulter and Adam Hurlburt of Solid Gold, Jake Luck of Leisure Birds [editor’s note: awww yeah!], Ivan Rosebud of duh, Brad Cook and Joe Westerlund of Megafaun, and Mike Lewis of Andrew Bird. Sounds like a pretty good group… going on tour with 20+ people would be a nightmare. The tour kicks off in Minneapolis and all the shows are happening on the West Coast and Texas.

GAYNGS released Relayted (TMT Review) last year via Jagjaguwar.


03.06.11 - Minneapolis, MN - First Avenue
03.11.11 - Austin, TX - Stubb’s
03.13.11 - Denton, TX - 35 Conferette
03.17.11 - Austin, TX - Mohawk (SXSW)
03.18.11 - Austin, TX - Lustre Pearle / Dickies Party (SXSW)
04.15.11 - Indio, CA - Coachella Music & Arts Fest
05.28.11 - Portland, OR - Doug Fir Lounge
05.29.11 - Quincy, WA - Sasquatch Music Festival
06.01.11 - San Francisco, CA - The Independent
06.04.11 - San Diego, CA - The Casbah

• Gayngs: http://www.gayngs.net
• Jagjaguwar: http://www.jagjaguwar.com