New Music Industry Briefing For Tuesday May 23, 2006
A NYC judge has settled the rootkit copy-protection lawsuits against Sony BMG offering free downloads to millions. (AP)
– EMI today reported that full-year net profit rose 14% with market share gains in most regions including the U.S. and said it is still interested in buying out rival Warner Music. Coldplay and Gorillaz helped drive sales. (MarketWatch)
– Figures released by UK cell phone network 3 show the growing impact of mobile on the music industry with the company reporting the sale of 1 million songs and music videos during April alone. (Digital Music Weblog)
– Verizon to sell new Motorola cell MotoQ designed to give Blackberry users the business functionality they need plus the music and video they crave in a sleek Windows format. (Tech Web)
– A look at the various iPod killer wanna-be’s being released in the coming months. (MP3Newswire)