REWIND: The Music Industry’s Week In Review

• Terra Firma and Guy Hands have just days to save EMI from a loan default with Citi.
• MySpace lost $150 million in the last 3 months and new stats offer more proof of it's decline as Facebook & Twitter soar.
• Song marketplace MusikPitch launched amidst some controversy, and by week's end the company had revised it's user agreements.
• The Black Eyed Peas break the digital sales record.
• APPLE: iPad sales top 1 million in just 28 days and
  new iAds share iTunes purchase data with
  marketers. Plus it could be a long wait for iTunes in the cloud as labels claim multiple use.
• WMG offers mixed results to investors. Digital sales up.
• TuneCore adds charts and shares some impressive sales stats.
• Napster goes social with Facebook, Twitter & more.
• ASCAP 2009 revenues jump $176M to $995M
• Concert simulcasts increase in popularity. The Met tops 2.2M season tickets to broadcasts.
• RealNetworks post-Rhapsody reports small profit from lower revenues.
• YouTube to offer new revenue stream for videos.
• A great new artist checklist from SoundExchange

IMPORTANT VOICES:

• Bruce Warila: Every Major Artist Is Failing As An Independent Media Channel & What To Do About It. 
• Kyle Bylin: Why Music (Really) Matters.
• Bob Baker: Giving consumers these three choices leads to more revenue.
• Interview: We7's Steve Purdham.