New Music Business Briefing: Napster Fired, Real Rises, Amazon Rumor & Much More
>>> Penn State’s ground breaking relationship with Napster is over. The state college system has dropped Napster’s music service in favor of Ruckus.
>>> A new IPSOS Tempo study showed that CD purchases are down 15% and that digital is not making up the difference. (Is anyone surprised?) The study also showed that mobile music and
video use is rising.
>>> Another analyst, Screen Digest sees the mobile music market growing ten fold in five years. The June iPhone launch should be a major first indicator for the US market.
>>> RealNetworks earnings jumped 61% in the 1st quarter of 2007 powered by music, games and ringbacks. The stock gained 5.7 % to $8.02 in after hours trading, but was still off a 52 week high of just over $12. (press release)
>>> CCM Magazine takes a fresh look at Christian music including more indie acts.
>>> Creative is being tight lipped about their next round of iPod wanna be’s.
>>> In another blow against DRM, encryption keys to unlock HD-DVD and Blu-ray discs are being circulated widely across the net.
RUMOR: We hear that Amazon’s new music service will have first-ever DRM free downloads from several large indie labels that have been hold-outs at eMusic and elsewhere when it launches in the coming weeks.
PS: We haven’t forgotten or promised eMusic series. We honestly just haven’t found the time to finish it and want to get it right. Stay tuned.
Good news about the Amazon store, if it’s true.