Friday’s Music 2.0 Briefing: SpiralFrog Looses $3M , Sony Pays $5M, Pandora Goes Classical & More
>>> The British Entertainment Retailers Association says DRM is hurting music sales and urges labels to drop it "by Christmas". (FT) OK…maybe by next Christmas.
>>> Ad supported music download service SpiralFrog posted a $3.4M Q3 loss and is seeking $25 million in new funding. (PaidContent) "The Froggy went a courtin’ and he did fail…"
Lawyers Don’t Take Thanksgiving Break –
- A court has ordered Sony pay Steve Popovitch and his Cleveland International label and additional $5 million in damages for failing to return his label’s logo to pressings of "Meatloaf’s Bat Out Of Hell". (AP)
- The Romantics are suing Activision for inclusion in the Guitar Hero 80’s Edition. (Yahoo!) Shouldn’t they be thanking them?
- The RIAA has targeted 16 more colleges including several ivy league schools with its latest round of notices (TechWeb)
>>> Pandora has added classical music to its D.I.Y. radio mix. (cNet)
>>> New band t-shirts use a printed bar code that can be scanned via cell phone to link to web based content. (B-B-F)
>>> OurDigitalMusic offers consumers ways to Save Money On Music This Christmas.