New Music Business Briefing: $3M For Project Playlist, More Amazon News, Last.FM Campaigns For Better Music & More
>>> Global Grind opens online hip hop community. Backers include Russell Simmons.
>>> Project Playlist which enables users to share playlist on social networking sites raises $3 million in venture capital. I love the idea, but am still not sure what the revenue model is.
>>> Kudos continue for the new Amazon download store (Newsfactor) Read Hypebot’s roundup of what’s being said around the web here.
>>> Some mp3’s sold by Amazon contain watermarks applied by labels that show where the track was purchased. (Listening Post) These are the harmless kind of watermarks that contain no personal info.
>>> Perhaps HD radio is finally gaining traction. Ford says it will offer HD as an option in most 2008 models. (press release)
>>> Last.FM launches a Campaign For Better Music with the "Now Form A Band" blog for D.I.Y. musicians. "… It doesn’t have to be like the old days. We’re going to show you how to produce, promote and distribute your music, without spending a load of money, and without lots of other people getting involved." Maybe they could do a version aimed at getting better music from the major labels?