Social Networking Landscape Shifting With 51% Of MySpace Visitors Over 35

A new Comscore study shows MySpace and other major social networking sites are trending older as the social networking space continues to evolve.  69% of MySpace and 71% of Friendster. Continue reading

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Hypebot’s New Music Business Briefing For Monday October 9th, 2006

– Tower Records will close after inventory is sold over the next 6 weeks.  3000 will loose jobs. (Hypebot, Hollywood Reporter))   – Google reportedly in talks to buy YouTube. Continue reading

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Why Don’t Kids Buy More Downloads? Because The Can’t.

Why don’t teens buy more downloads?  One reason is that they can’t. Julien McArdle writing on PCWorld.ca pointed out this obvious but often overlooked fact: download purchases require a credit. Continue reading

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Tower To Be Liquidated

After what was reportedly an intense 30 hour auction, venerable music retailer Tower Records will be liquidated.  Liquidators Great American beat music retailer Trans World by $500,000 paying $134.4 million. Continue reading

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New Music Business Briefing For Friday October 6th, 2006

– Starbuck’s Hear Music titles to be available via iTunes. (Reuters) – Sony Bertlesmann appeal EU commission’s move for annulment. (Washington Post) – Jump in download sales may finally be. Continue reading

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David Byrne On Tech Revolutionizing The Muisc Industry

Ahead of his keynote address before this weekends Future Of Music Policy Summit, former TalKing Head David Byrne gave the Montreal Gazette his view of how technology is revolutionizing the. Continue reading

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Tower Auction Today. TransWorld And Radius Seen As Top Bidders

Today is auction day for Tower Records (more) and according to HITS Rumor Mill: It’s looking more and more like the Tower auction will come down to Trans World Entertainment. Continue reading

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Best Buy, Real And SanDisk Join To Challenge iPod/iTunes

Retail giant Best Buy, portable player maker SanDisk and music and software provider Real are joining forces in the latest attempt to compete with the widely successful iTunes and iPod. Continue reading

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Sirius Topped XM Subscriber Growth But Wall St. Punished Both

Sirius topped XM in subscriber growth for the 3rd quarter of this year gaining 441,101 net new listeners for a total of 5.1 million.  Their target for the end of. Continue reading

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Hypebot’s New Music Business Briefing For Thursday October 5th, 2006

How Live Nation and the concert industry is making more while selling fewer tickets. It’s not just higher ticket prices. (Pittsburgh Post Gazette) Ludacris and Janet Jackson top the charts. Continue reading

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