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Droop's Music House in Washington DC, USA, puts on sale the sheet music for John Philip Sousa's Imperial Edward March, written "at the command of and accepted by His Imperial Majesty, King Edward VII", as the authorised march for his coronation. The price is 25 cents per copy.
The popular tenor Edward Lloyd cuts the first sod from the field which will become the site of EMI's first record production factory at Hayes, Middlesex, England, UK, Europe. Cost of the silver spade used by Mr Lloyd is £6.10/-, plus 15/- for the engraving (£7.25 in total). The spade was later acquired by EMI in 1994 for £5,000!
In the House Of Commons, London, UK, The Chancellor of the Exchequer is asked if he is aware that an American music hall artiste recently in the country received a salary of £900 per week for several months. The aim is to find out if steps are being taken to tax such earnings. The reply is that the matter is being considered.
Bill Darby And His Orchestra play at the opening of Playland Amusement Park, Bitter Lake, North Seattle, Washington, USA. Darby's orchestra will become Playland's resident band, performing in Playland's enormous dance pavilion, with 9,600 square feet of maple floor. Admission to the dance hall is 25 cents during the day and 50 cents in the evening - for men only. Women are allowed in for free.
Gene McDaniels, best-remembered for his hits Tower Of Strength and A Hundred Pounds Of Clay, is born in Kansas City , Kansas, USA.
Big Bill Broonzy, with Black Bob on piano, records Southern Flood Blues, My Big Money, My Woman Mistreats Me, Let's Reel And Rock - 1 and Come Up To My House for ARC in Chicago, Illinois, USA.
The Harry Arnold Orchestra records Pennies From Heaven and That Old Black Magic, in Stockholm, Sweden, for Metronome Records.
Three men are arrested in New York City, USA, and charged with criminally receiving $23,000 worth of Decca Records discs which had been stolen in Queens on October 23.
Capitol Records in the USA secures an out-of-court settlement with Vee-Jay Records of Chicago, Illinois, in their fight over the rights to certain of The Beatles recordings. The agreement states "Vee-Jay accepts a licence from Capitol to sell its product, with Vee-Jay paying Capitol royalties, including substantial payment for The Beatles royalties to date and a licencing fee for the future."
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The Who play at The Marquee, Soho, London, UK, supported by The Sneakers (formerly Brian Howard And The Silhouettes).
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The Kinks release a new EP, Kwyet Kinks, in the UK on Pye Records. The EP includes one of the band's best-loved songs, A Well Respected Man.
The Kinks reach No1 in the UK singles chart with Sunny Afternoon, on Pye Records.
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At a business luncheon in London, UK, Mr. Dick James, chairman of Northern Songs, reports that The Beatles have earned between £25m and £30m for Britain, during the past five years.
Paul McCartney announces in a London Evening Standard article that The Beatles now have all the money they will ever need.
The top-rated DJ in Honolulu, Hawaii, USA, Aku (real name Hal Lewis) on KGMB radio is reported to have signed a 12-year contract at an annual salary of $400,000.
John Cummings buys a $50 Mosrite guitar at Manny
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Run DMC lose their legal battle to sever their contract with Profile Records, and find themselves signed up to the label which they claimed had ripped them off to the tune of $7m, for another ten years.
After serving several months of his sentence for drug possession and other charges, James Brown is put on a work-release program. He moves from his jail to the Lower Savannah Work Center, South Carolina, USA, where he provides counselling for drug addicts, which earns him four dollars an hour.
It is announced that Dick Tracy, starring Warren Beatty and Madonna, grossed $23m at the box-office during its opening weekend in the USA.
Madonna's Blonde Ambition tour plays the last of four nights at Meadowlands Arena, East Rutherford, New Jersey, USA. The four shows have grossed almost $3.4m, and she donates profits from the final show to the American Foundation for AIDS research. The after-party is held at La Palace de Beaute, New York City, USA.
Kid Rock releases his debut album Grits Sandwiches for Breakfast on Jive Records. The album's first single Yo Da Lin In The Valley will be banned by the FCC for its many references to oral sex, and will result in SUNY Cortland Radio (WSUC-FM) receiving the largest non-commercial radio fine up to this time, $23,750.
The Stone Roses win their legal battle with Silvertone Records who are trying to prevent the band from recording with any other label. The judge orders Silvertone to pay
Marilyn Manson stumps up $4,000 after pleading 'No contest' to charges to assault and battery and disorderly conduct, relating to an incident at a Michigan, USA, concert during which he 'gyrated' against a security guard.
Irv 'Gotti' Lorenzo, boss of American record company The Inc, with artists including Ja Rule and Ashanti, is arrested on money laundering charges relating to drug deals.
The Concert for Relief benefit featuring the Dave Matthews Band, The Neville Brothers and The John Butler Trio raises $1.5 million for the Bama Works Hurricane Katrina Relief Fund to provide short-term disaster relief and long-term rebuilding efforts.
The Regimental Band Of The Coldstream Guards signs a £1m record deal with Universal Music, at Horse Guards Parade in Whitehall, London, UK, just before the daily ritual of the Changing of the Guard, one of the band's main ceremonial duties. The deal makes the band label-mates with Eminem and Amy Winehouse.
Hiro, leader of Japanese dance/pop boy band Exile, becomes the centre of a tax enquiry after failing to report approximately 300,000,000 yen in earnings at his entertainment production company LDH.
BMG Rights Management buys Chrysalis, one of Britain's biggest independent music publishers, for £107.4m.
Take That (without Robbie Williams) perform at a private show for 350 people in Barbados. The event, for which the band reportedly earns £2m, is described by some sources as a warm-up for their forthcoming sold-out stadium tour, while others report it as a party for record industry executives and their families. Guests at the show include Rihanna.
Prince reveals during an appearance on late night talk show George Lopez Tonight in Los Angeles, California, USA, that racing champion Lewis Hamilton has spent $100,000 [£61,000] to buy a golden guitar owned by the legendary pop star. The cash will go to Prince's charity The Harlem Children's Zone.
It is reported that Beyonce and husband Jay-Z have already spent $1m on their four-day-old daughter Blue Ivy Carter. The spend includes a $400,000 solid gold Ginza Tanaka rocking horse, a $10,000 Swarovski-studded high chair by Carla Monchen, a $30,000 Fantasy 'posh tots' coach carriage crib, a $20,000 windmill-style garden playhouse and a mini Bugatti car. The couple have spent a further $240,000 to ensure that the nurseries in each of their three homes are identical so the baby will feel at home when they travel around America.
Stephen Lee Pieck, a homeless inhabitant of Ossining, Westchester New York State, USA, files a $9m [£5.7m] lawsuit against Eminem in the United States District Court, Southern District of New York. The legal action claims that Pieck initiated the idea for Eminem's groundbreaking Born of Fire commercial for Chrysler, but never received any monetary compensation for his creative contributions.
A two-day trial opens in Davidson County Probate Court, Tennessee, USA, to determine how royalties for the late Jim Reeves' recordings will be split. Although Reeves died almost fifty years ago, his work still generates $400,000 per year. Terry Davis, who was married to Jim Reeves' widow for thirty years until her death in 1999, feels that he should receive part of those royalties.
Country star Garth Brooks is awarded $1m in a suit against a hospital in court in Oklahoma, USA. Brooks went to court because of a dispute over a $500,000 donation he made in 2005 in his mother's name to Integris Canadian Valley Regional Hospital in Yukon, Oklahoma, USA.
Boosted by a 99 cents Amazon online promotion, Phil Collins' 1998 Hits compilation enters the Billboard 200's Top 10 at No6. According to Nielsen SoundScan, the 1998 retrospective, which originally peaked at 18, sold 40,000 copies last week with sales rising by 4,575% week-on-week. This is Collins first appearance in the the US Top 10 albums in more than two decades.
At Julien's Auctions in Beverly Hills, Los Angeles, California, USA, Lady Gaga buys 55 items of clothing previously owned by Michael Jackson, including his 'Bad' jacket [$240,000] and a pair of his white spangled gloves [$100,000 each].
Good Morning To You Productions Corporation in the USA files a class action lawsuit against music publishers Warner/Chappell Music aiming to move the 1893 song Happy Birthday To You into the public domain. It is currently administered by Warner/Chappell which collects considerable fees for its use.
It is announced in Los Angeles, California, USA, by insurance broker Lloyds Of London that their $17.5m breach of contract lawsuit against the estate of Michael Jackson has been settled.
Jerrod Niemann and Journey keyboard player Jonathan Cain join The Oak Ridge Boys on tv with Elvira during a benefit concert at the Omni Hotel, Nashville, Tennessee, USA. The event raises $200,000 for the Make-A-Wish Foundation.
Bette Midler posts a Tweet stating that streaming company Pandora paid her just over $114 for more than 4m song plays during a three month period. Soon after, Pandora disputes Midler's figures, stating that they paid "more than $6,400" for the plays.
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It is reported that Nate Ruess of Fun has bought a $2.55m two-bedroom apartment at 710 Broadway, new York City, USA.
Billboard Boxscore figures reveal that Cher's Dressed to Kill Tour is on track to become one of the most successful treks of the year. The first 49 dates of the tour attracted 610,812 fans, and grossed $54.9m.
Lawyers acting on behalf of Justin Bieber negotiate a plea deal in his Miami, Florida, USA, driving under the influence case. The deal requires Bieber to make a $50,000 donation to the "Our Kids" charity, get twelve hours of private anger-management counseling and attend a program that teaches about the impact of drunken driving on victims. In exchange, the judge accepts Beiber’s guilty plea to misdemeanor counts of careless driving and resisting arrest. He is thus able to avoid a jail sentence.
Rapper Lil Wayne begins legal proceedings to end his contract with Cash Money Records, on the grounds that the label violated his contract by withholding the money he's owed for the album Tha Carter V. He is also reported to be suing the label for $51m.
Having been arrested for failing to pay child support of $400,000, rapper DMX is sentenced to six months in jail for "violation of certain court orders or conditions of bond in a family violence case," in Buffalo, New York State, USA.
UK tabloid newspaper The Daily Mirror reports that Ed Sheeran is earning £63,000 per show on his current world tour, and has made £6.2m at the halfway point of tour, which is in support of his album x (pronounced Multiply).
Mariah Carey becomes engaged to to Australian billionaire James Packer in New York City, USA. Forbes magazine lists Packer's net worth at $3.5-bn, making him the fourth richest person in Australia.
The Forbes List estimates Taylor Swift's net worth at $250m (circa £200m).
In court in Denver, Colorado, USA, former KYGO radio presenter David Mueller testifies that he did not grope Taylor Swift during a meet-n-greet in 2013. Mueller lost his job because of the incident and is now suing Swift for $3m, blaming her for his loss of employment.