Major Labels

DIGITAL MUSIC NEWS WEEK IN REVIEW

  • In the portable mp3 player space, Apple announced an iPod recycling program, curbing Ipod_10 criticism from environmental groups. Meanwhile, Wall Street investors continued to voice concern over soft iPod demand. Looking forward, Steve Jobs previewed the upcoming iTunes application, which will include integrated podcasting features.
  • Xmradio_21In satellite radio, XM inked a new partnership with digital audiobook provider Audible. That relationship will see the development of next generation satellite devices, which will be capable of storing Audible content. Meanwhile, Sirius extended its deal with Ford, with the automaker feeling more confident on increased subscriber levels.
  • In the regulatory environment, EU mostly expressed satisfaction over a Microsoft complianceMicrosoft_3  proposal, following months of wrangling. A modified version of the Windows OS is slated for OEM delivery June 15th, with the package lacking a bundled Windows Media Player. Separately, MSN is now said to be readying a music subscription service.
  • On the label end, CD sales slipped once again, part of a continued decline in 2005. Meanwhile, scans of the recent Coldplay album appear to be strong.
  • But the biggest development came from the indie sector, with a long list of independent labels creating a new consortium.
  • And Clear Channel Radio beefed up its online initiative, announcing its first exclusive pre-Clearchannel300_5 release album stream.

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