Monday’s Music 2.0 Briefing: Labels Demand Advances, Baidu Sued, Hip Hop Sells & Much More
HYPEBOT FEATURES:
- Pitchfork.tv launched today and Videogum is scheduled to launch tomorrow. Is this a new era in music tv?
- Last week’s "Music 2.0 Week In Review"
- Questions Of The Week: Beyonce & Jay-Z
- Wikipedia More Important Than MySpace For Music Info
- Is Digital Music Distribution In Trouble?
> Music 2.0 startups are being asked to pay hefty advances to the major labels and its starting to hurt innovation. (Reuters)
> Nokia launched a new online and mobile music store in Ireland. (MarketWatch)
> A Chinese court has agreed to hear damages totaling $9 million US against the country’s dominant internet company Baidu from three record companies. (IFPI)
> A look at how Universal is rising and EMI is falling – relative terms – based on global sales figures. There is good news for WMG too. (Times UK)
> Hip Hop can sell tickets. The $150 million dollar man Jay-Z and Mary K. Bilge have sold out their first 8 tour dates grossing $9M so far. (Live Nation)
> Don’t forget that indie stores are uniting for National Record Store Day April 19th. There’s lots of great stuff happening. Tell us how you’re getting involved?
> With the demise of music magazines more music ad dollars are shifting to the web. (Billboard) SHAMELESS PLUG: Hypebot now accepts advertising.
> Amazon is accelerating its move towards all things digital. (NY Times)
