Tuesday’s Music 2.0 Briefing: Digital Won’t Save Us, AT&T + Napster, Diddy On 360 & More

>>> A new Jupiter Research study shows that while digital music will account for more than 1/3 of US consumer music purchases by 2012, it will not compensate for lost CD sales anticipated during that time. Detailed in a new report, “US Music Forecast, 2007 – 2012,” digital spending will grow to $3.4 billion over the next five years, while CD sales will continue to decline. For the foreseeable future,
      on-demand subscription services will appeal primarily to niche audiences
      among music aficionados. (Jupiter)

>>> AT&T adds a Samsung Napster phone. (TechWeb)

>>> Chinese label group Hurray has signed an agreement to merge with Enlight Media, a producer and distributor of film and TV content. (DMW)

>>> Diddy on 360 degree deals. "I made a 360 degree deal with myself…this is not going to solve the labels problems." (Crains)

>>> Pirate Bay feels pressure from Prince and some local investigators. (ars)

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