GRAMMY Week officially kicked off Tuesday night with the premiere of Hip-Hop: A Cultural Odyssey on Feb. 8, the GRAMMY Museum's interactive multimedia exhibit celebrating the gestation, birth, survival, and legacy of post-soul urban culture.
Private equity firm Elevation Partners has signed a letter of intent to acquire shares in Internet radio service Pandora at an estimated value of approximately $100 million, according to a TechCrunch report.
Warner Music Group reported a third-quarter loss of $55 million, a wider deficit compared to a loss of $37 million during the year-ago quarter, and a 16 percent drop in revenue to $652 million.
