New Music Business Briefing: eMusic’s Woes, Edgar Wants His Pension & More

RUMOR: We hear there are a lot of sad faces over at
eMusic.  On Friday they believed that they had a deal with Amazon. On
Monday they did not. And with the recent EMI DRM-free announcement and
growing label defections (stay tuned) who else is going to buy the
company for the more-than-$100 million price tag that parent
Dimensional is seeking? eMusic staffers were also reminded during the
recent sale frenzy was that as a private company very few of them have
stock or options that would reward them for building the company.  No
stock or options also makes key employee retention after a sale that
much harder.

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>>> A very amusing "graphical dissertation" on the #1 song "This Is Why I’m Hot" by Mims from Rob Harvilla at the Village Voice.

>>> WMG’s already uber-rich Edgar Bronfman is suing Vivendi over the his pension. …Yeah, you read it right.