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Wednesday’s Music Briefing: Major Label Hulu, SonyBMG De-Merger, Death Of The CD & More

HYPEBOT FEATURES:

MORE NEWS:

  • Three of the major labels are in talks to create their own Hulu-like music video site. (Silicon Ally Indsider)
  • Even though as of 2009 it will be known only as Sony, the EU parliament is still looking hard at the de-merger of SonyBMG. (Billboard) I think somebody is still suing of the original merger, too.
  • The court has dismissed a case against Edgar Bronfman Jr, CEO of Warner Music, filed by a legal a former associate who had claimed that he was owed more than $100 million for helping arrange the music group’s private equity buyout in 2004. (FT) Happy Holidays, Edgar!
  • Sandisk_slot_player
    An article by Rachel Swan in the East Bay Express quotes me extensively on the viability of the new Slot music format. (East Bay Express). I’m sorry, I just don’t see the point of these little things.
  • Pandora now has 20 million registered users. 8 million are active. (TechCrunch) Impressive numbers.
  • Some ISP’s are telling the RIAA to write a check if they want help fighting piracy. (ars)
  • David Rose has a great overview of artist royalties at KnowTheMusicBiz.com
  • R.I.P. – Veteran manager Bud Prager who is best known for his work with Foreigner.

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Hypebot will be publishing and covering breaking music industry news throughout the holidays.

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