The Handleman Co. posted $2.4 million in net income, or 12 cents per diluted share, on sales of $346.9 million, in its fiscal second quarter ended Jan. 31.

As first tipped in Billboard this week, Live Nation has reached a long term agreement to exclusively book Asbury Park's three best known music venues: the 1,600 capacity Paramount Theater, the 3,600 capacity Convention Hall and the legendary 850 capacity Stone Pony.

It's a good time to be in the videogame business. While spending on music fell 10% in 2007, according to new data from the NPD Group, videogame spending tripled in the same period, and DVD sales were largely flat.

Nickelodeon will premiere "Dance on Sunset," on March 29, a variety show that has already slated Ashlee Simpson, Sean Kingston, Akon with Colbie Caillat and Menudo to perform.

EMI has started a consultation process with its staff in Britain.

Talk is premature that the deal between Ticketmaster, Cablevision/Madison Square Garden Entertainment and AEG Live is dead. But parts of the pact could be described as "on life support," according to sources.