Warner Profits Tank; Recording Industry Hurting

“Warner Music Group, the world’s third-largest music company, on Thursday posted a fall in quarterly profit, hurt by an industry-wide slump in sales as more fans choose to buy songs online rather than physical albums… Sales of digital music at Warner were up 25 percent at $130 million during the quarter but this could not make up for the short-fall in CD sales.”

Opus Posthumous

“The works of Boston-born artist David Park, who died at 49 in 1960, are finally enjoying some worldly renown… Twice this year, a David Park canvas has sold for more than $1 million, both records.” Compare that to the prices Park’s work garnered in his lifetime, when he would sell a landscape for $200 to buy shoes for his children.

Scientist Ignores Threat, Says “Pollocks” Aren’t Real

“A forensic scientist said yesterday that a large group of paintings discovered several years ago and thought by some to be by Jackson Pollock included many containing paints and materials that were not available until after the artist’s death in 1956.” The scientist was hired to examine the paintings by their owner, then threatened with a lawsuit if he disclosed his findings.

Writers, Producers Still Talking

“Striking screenwriters and Hollywood producers agreed to extend their renewed contract talks to a fourth day this evening, signaling at least some progress toward ending a work stoppage that began three and a half weeks ago.” However, there has been no breakthrough on the core issues that sparked the strike.