Wednesday’s Music 2.0 Briefing: Sirius XM, Pandora, Live Nation & More
HYPEBOT FEATURES:
- UPDATE: Our prank on ColumbiaRecords.com gathers steam
- Sony BMG lost $42M last quarter
- Universal UK opens LostTunes deep catalog site
- Dell to re-enter the mp3 player market
- A new compilation release support net neutrality
- WMG SVP leaves for start-up
> Newly merged Sirius XM is beginning the transition to s combined service. (FMQB)
> Pandora testifies before US Congress that new royalty rates will kill its business. (PC)
> Producer Bob Ezrin and record executive Bill Hein have followed Michael Cohl out the door at Live Nation’s Live Artists division. LN CEO Michael Rapino seems set to outsource all the label functions in their 360 deals with Madonna, Shakira, Nickleback and others including the major records labels. (NY Post) (Didn’t these artists want out of the traditional label system?). Live Nation will also host a teleconference
to discuss financial results on August 7 at 5PM Eastern. To
access dial 888-603-6873 or 973-321-1019. Passcode 57200043 or listen
online via the company’s web site.
> Have reports of the music industry’s decline been greatly exaggerated? (Industry Standard)
> Handleman has sold off its Canadian music operation to Anderson. A UK deal with Tesco gets closer. (press release)
> A look at the behind the scenes networking and wireless tech at Bonnaroo. (D-link)
