New Music Business Briefing: Universal Finishes Sanctuary & Sells EU Publishing, Nat’l Geo Gets Music & Much More
>>> Universal has finalized its deal to buy Sanctuary. (Guardian)
>>> Senators pledge to move forward with legislation soon if SoundExchange and net broadcasters can’t come to terms (Wired)
>>> PureTracks becomes the first Canadian download distributor to sell EMI’s unprotected mp3’s. (press release)
>>> As it promised when it bought BMG Publishing, Universal will soon begin selling the European publishing rights to BMG’s Zomba U.S., Zomba U.K., Rondor U.K. and 19 Entertainment catalogs. (FMQB) Expect bidding to get serious in the early Fall.
>>> A new computer worm destroys digital music collections. (OurDigitalMusic) Somehow I’ll bet the RIAA is happy about this…
>>> National Geographic has significantly broadened its music footprint to include a label, net radio and o
riginal productions team headed in part by ex-Palm exec David Beal. (press release)
>>> Napster revenue up but subscribers down. (PaidContent)
>>> Elton John shows just how in touch he is with reality with a recent UK interview, “The internet has stopped people from going out and…creating stuff." (Sun)
>>> The Orchard has added legendary Latin label Fania to its digital distribution roster.
>>> Rock Band game rocks the video game awards. (Reuters)
>>> New study shows average computer stores 800+ music files. (TechWeb)
