Wednesday’s Music 2.0 Briefing: SonyBMG Subscription, Pumpkins Sue, Yahoo Joins Open Social & More
> SonyBMG is reportedly planning its own subscription music service. (ars) Even if they get other labels to join, why bother when Rhapsody and others do a good job subscription already?
> The deal to buy Clear Channel is near meltdown. (WSJ) Another victim of the credit crunch. CC stock dropped 20% yesterday too.
> The Smashing Pumpkins are suing Virgin over their inclusion in the Pepsi Amazon mp3 giveaway. (FMQB)
> Maths – who is a veteran Music 2.0 and China watcher – on "Exploring The Irresponsibility of Bjork In China" on Music2dot0. The article highlights "the huge differences in perception between East and West of a single artist’s action, and it is important for foreign artists to understand the mindset of the Chinese better instead of typical condemnation."
> The widget mess slowly untangles as Yahoo adds support for Google’s Open Social. This means widgets and apps using the OS platform can now be used across MySpace, Google, Yahoo and many other sites. (Google)
> A look at the fight for the Rolling Stone’s catalog and what it means to EMI if they loose it. (FT.com)
> The US is showing signs of an ad slowdown. (FT) This can’t be good for the nascent ad supported music biz.
> Jupiter’s David Card says don’t count out MySpace yet and has some Coldplay stats to prove it.