Hypebot’s New Music Business Briefing For Thursday November 7th, 2006
> Warner Music Group CEO Edgar Bronfman Jr. expects mobile music and videos to outstrip Apple’s iTunes as the premier source for digital music and videos. Bronfman also hopes that the popularity of mobile music will act as a "populist" deterrent to piracy particularly in Asia. (Red Herring) Bronfman also detailed some of the company’s future plans and declared a deal with EMI dead in an Variety interview. (here)
> FACT: The new Jay Z release sold 700,000 units in its first week making it one of the top 5 fasting selling first week releases in 2006. The new Madden NFL video game sold 2 million units in its first week. (via Coolfer)
> Microsoft projects 1 million Zunes sold by June 1st. (AP) Bravado or reality? Express your opinion in our Zune poll in the lower right column.
> It’s the 10th anniversary of the MP3 and the Gracenote database technology that helps tag and identify them. (press release) And it only too the major labels 10 years to embrace the format.
> "MySpace is dying, and three million artists will either realize the
importance of having their own well developed website or they’ll chase
after the next trend, hoping to rebuild their fan-base. I’d rather
focus my energies developing my own traffic than nursing off of a
corporate monster". (Puddlegum)
> A Hypebot reader questions why EMI is turning a blind eye to Beatles downloads for sale at China’s top100.cn. (maths) I can’t read Chinese to confirm or deny the report. Help anyone?
WORTHY CLICK – Al Kooper’s weekly Top 50 (click) Some choice picks with lots of undiscovered gems.
