New Music Business Briefing: Samsung & MusicNet, Sales Tumble, EU Court Bites P2P & More

>>> Samsung and MusicNet are launching a mobile music store and subscription service in Europe. (DMW)

>>> Just in case you missed it….Sales of digital music grew 60% to 23.5 million units in the first half of 2007, but failed to offset the growing sales decline of CD’s according to Nielsen SoundScan. Total sales were down by 15% overall with CDs falling 19.3% to 205.7 million units. 

>>> A Belgian court issued a landmark decision saying that European ISP’s must stop illegal filesharing and P2P use.

>>> The Yeah Yeah Yeah’s have knocked the White Stripes off the top of the UK’s NME chart.

>>> Everything old is new again. NYC’s CBS FM is reportedly about to switch back from Jack-FM to it’s previous classic oldies format. (AP)

>>> In just a couple of weeks the FCC’s broadcast indecency fines jump 10X to $325,000 per violation.

>>> And because we want you to sound like you’re the most informed person at your next meeting, here’s Hypebot’s New Music Business Week In Review. (more)