Monday’s Music 2.0 Briefing: Yahoo! Reverses, Stones Leave EMI & More
HYPEBOT FEATURES:
- Google AdSense On ColumbiaRecords.com’s Pages
- Hypebot Now On Twitter, Tumblr, FriendFeed
- D.I,Y. Alert: RAWRIP Pays 100% Download Royalty.
- Commentary: XM Sirius Merge. Does it Matter?
> As we reported last week Yahoo! Music is shutting down. The company now says it will compensate customers who bought soon to be unplayable tracks from its music store. (InfoWeek) Smart move, but I reserve judgement until they release details.
> Amazon is the leader in a race that includes Rhapsody and iTunes to be do download fulfilment for the new MySpace Music store. (TechCrunch)
> The Rolling Stones stuck their famous tongue out at EMI and are leaving for Universal. Their catalog also goes with them. (UK Times) Not a happy day at EMI, but I’ll bet Univerxal paid too much.
> Joe Kennedy, CEO of DiMA member company Pandora and singer-songwriter Matt Nathanson (see our recill testify on Tuesday July 29 as the Senate Judiciary Committee considers royalty rates and programming rules for “Music and Radio in the 21st Century" as well as an issues briefing on Monday evening.
> EMI Music Publishing has signed a long-term worldwide publishing agreement with Eddy Grant. The deal covers the Guyana-born musician’s new music as well as his extensive catalog including hits like “Electric Avenue”, “Gimme Hope Jo’Anna”, “I Don’t Wanna Dance”, "Living On The Frontline" and “Baby Come Back”.
> Did you miss anything? Hypebot’s Music Industry Week In Review.
