More Restructuring At EMI
Eric Nicoli, the CEO of EMI Group who on Friday assumed direct responsibility for the EMI Music division after the ouster of senior executives Alain Levy and David Munns, today. Continue reading
FCC Chair Says No To XM & Sirius Merger
Shares of XM and Sirius Satellite Radio plunged Wednesday after the chairman of the Federal Communications Commission send that FCC rules prevent a merger. The FCC rules that allowed the. Continue reading
FCC Seriously Considering Indie Music Requirement
An FCC staff proposal to the Commissioners reportedly would resolve the ongoing payola investigation of broadcast groups by requiring that stations play some independent music. It is unclear what is. Continue reading
Canadian Music Industry Year End Report
Overall music purchases were up nearly 10% from 2005 . Nearly 15 million digital tracks were purchased; an increase of 122% over 2005 The top 200 tracks. Continue reading
INGroove’s CEO Robb McDaniels On The Industry’s Drift Towards MP3’s
“INgrooves and ONE Digital fully support the growing momentum towards the acceptance of MP3 downloads by the major record labels and download stores." "For the past 5 years, INgrooves has. Continue reading
Apple Post Record Profits With 21 Million iPods Sold 4thQ
Apple reported a record 78% jump in profits on Wednesday powered in large part by a music related sales including a whopping 21 million iPods in the last 3 months. Continue reading
Coalition of Independent Music Stores Top 200 for Week Ending 01-14-07
1 BEATLES|LOVE 2 MAYER*JOHN|VILLAGE SESSION EP 3 MOS DEF|TRU3 MAGIC 4 WAITS*TOM|ORPHANS 5 TV ON THE RADIO|RETURN TO COOK 6 CALE/CLAPTON|ROAD TO ESCONDIDO 7 SPEKTOR*REGINA|BEGIN TO HOPE 8 CASE*NEKO|LIVE. Continue reading
Who Needs A Label? ReverbNation & SNOCAP Enable D.I.Y. Digital Sales Across Viral Platforms
Under a new deal with SnoCap, ReverbNation.com users can now sell downloads through the site’s DistroNow module. Under the arrangement, SNOCAP will handle the transaction with the consumer and the. Continue reading
IFPI Publishes Digital Music Report 2007
Highlights of the report: Digital music sales estimated to double to around US$2 billion in 2006 Single track downloads estimated up 89% at 795 million Available tracks double to four. Continue reading
Important Apple Earnings Call Today. Beatles iTunes Rumors Resurface.
Apple has an important earnings call scheduled after the market closes today. The company will be watched closely by analysyts particularly in light of a pending SEC investigation for stock. Continue reading