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Hypebot’s New Music Business Briefing For Friday October 27th, 2006

Walmart_frownThe Eagles and Wal-Mart have formed a "strategic marketing partnership". (press release) But really, it’s all about the music…

Sony BMG gave its quarterly report to Wall Street. Revenue is flat but losses are smaller. (PDF)

Dispatch from the Vegoose festival: "Vegoose is attracting mostly jam band fans who can be unbelievably oblivious to music outside that genre." (LA Times blog)

– Danish court tells ISP’s to block access to controversial download site allofmp3.com (AP)Hendrix

Jimi Hendrix song catalog gets auctioned off for $15 million, but who really owns the music? (Reuters)

Uncle Seth is set to play live in Toronto nightclub and simultaneously inside virtual world Second Life. (press release)

Top100cn_2 Don’t miss Part 1 of Hypebot’s exclusive interview with the head of leading Chinese download site Top100.cn. (here)

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