Facebook Revenue Doubles In First Half Of 2011

Facebook Revenue Doubles In First Half Of 2011

Facebook Revenue Doubles In First Half Of 2011
Facebook
's revenue doubled to $1.6 billion during the first half of 2011, according to sources reported by Yahoo News. Net income totaled approximately $500 million. Industry analysts predict Facebook will go public in 2012. (9/7)

Rosen Named SVP, General Counsel For BMI
Stuart Rosen
has been promoted to senior vice president and general counsel for BMI. Reporting directly to BMI President and CEO Del Bryant, Rosen will oversee global operations of the performing rights organization's legal department, and will direct the organization's legal affairs and positions as well as attorneys working with the company. Rosen, who joined BMI in 1996 as an associate attorney, previously served as vice president of legal. (9/7)

Harvey Wins 2011 Mercury Prize
GRAMMY-nominated artist PJ Harvey won the UK's 2011 Barclaycard Mercury Prize for her newest album, Let England Shake, and becomes the first artist to win the award twice, having previously won in 2001 for Stories From The City, Stories From The Sea. A total of 12 artists — including Adele, Katy B, Anna Calvi, and Tinie Tempah — were nominated for the award, honoring the best British or Irish album of the year. In related awards news, the World Soundtrack Academy has announced nominees for the Discovery of the Year award with GRAMMY winners the Chemical Brothers, and composers Alex Heffes, Izler, Henry Jackman, and Christopher Paul Leonard-Morgan garnering nominations. The winner will be announced during a ceremony on Oct. 22 in Ghent, Belgium. Additionally, GRAMMY and Latin GRAMMY winners Rubén Blades and Juanes will be honored by the Hispanic Heritage Foundation with the Arts Award and Vision Award, respectively, for their accomplishments in music and beyond at the 25th Annual Hispanic Heritage Awards on Sept. 15 in Washington, D.C. (9/7)

 

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