Friday’s Music 2.0 Briefing: Eagles Spread BeyonfdWal-Mart, Encrypted Torrrents Soar, Pandora Sings On AT&T & Much More
>>> Yesterday we reported that The Eagles’ Wal-Mart exclusive release is also being sold at indie retail. Now Rolling Stone says Virgin Mega-Store is selling the CD at $18.99 and other retailers are importing the disc from overseas. Supply meets demand. Even Irving Azoff can’t control it. But why should he care? He gets his $’s either way.
>>> Encrypted traffic on BitTorrent has increased ten fold in the last year to 40% of all torrent traffic making detecting filesharers all but impossible. (Register) Take that Major Label Man!
>>> AT&T is adding Pandora to its wireless phone offerings (press release)
>>> Concert giant Live Nation reports improved 3rd quarter results.
>>> French digital music distributor and marketing firm Believe has grabbed $2.9 million i
n private equity cash.
>>> "Wall Street is taking record labels to task for lackluster Web sales, spiraling CD revenue, and the defections of marquee acts such as Madonna and Radiohead." (cNet) What took them so long?
>>> Copy protection firm Macrovision has acquired All Media Guide, the producers of the All Music Guide and other media info and metadata databases. (press release)
>>> Download sheet music retailer Musicnotes.com sold is 3 Millionth download to its 1 millionth customer. (press release)
