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Hypebot’s Music Industry QuickNews For Friday April 21, 2006

Applelogo_13A variety of sources are reporting that the major labels seem ready to temporarily give up on their fight for variable download track pricing at iTunes. Its a big reversal for the labels who have been demanding the option for almost two years, but should come as no surprise since Steve Jobs’ company controls 80% of the download market. (NY Post)

Opie & Anthony will replace a departing David Lee Roth in NYC and some other CBS radio markets in Howard Stern’s former slot.  Stern is now heard only on Sirius satellite and CBS’s move would be a coup for rival XM since O & A have and will continue to be heard daily via XM as well. (via Rain)

Cds_color_2CD sales in general may be down, but US shipments of Latin CD’s jumped in 2005 to 53.1 million or a 14.4% increase according to the RIAA. Music DVDs were 5 % of the  total. Regional Mexican and Tejano music accounted for about half of the purchases and new sub-genre Reggaeton helped fuel much of the growth. (Digital Music News)

Just in case you wondered how important Apple is shares of PortalPlayer dropped 50% on Thursday after it said Apple Computer Inc. would not use its chips in some new iPod Nano devices. (Reuters via Yahoo!)

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