Wednesday’s Music 2.0 Briefing: Digital Save Industry…in 2010, Don’t Sell Your CD Promos & Much More

HYPEBOT FEATURES:

• iTunes is up and MySpace down in new a consumer awareness poll
• VirginMegaStore sales up a surprising 11%
• Help test Hypebot’s collective intelligence by reviewing Overlay.tv
• Videogum has launched in beta

> New digital music services will halt the decline in European music sales by 2010, according to a new JupiterResearch report. Jupiter analysts believe that "next-generation digital music services will unlock future music industry revenues and will drive mass market adoption of digital music services." (MacWorld)

> DON’T SELL YOUR PROMOS! – Universal is sueing an eBay CD re-seller who listed 26 UMG promos for sale. (P2PNet) Doesn’t Universal have better things to do with its time and resources?

>Perry Farrell is working with Apple on a set of special Lollapalooza artists collaborations that will be sold only via iTunes.

> Don’t give up on radio yet. A new survey showed that 61% of Americans still listen to the radio at least once a day (but how long and to what?). But ad revenue was down 2/3% in 2007 and the trend is expected to continue in 2008.

> Slacker now has agreements with publishers EMI, Sony/ATV, Universal and Warner/Chappell  The new deals give Slacker the content rights to enable Personal Radio that can be played everywhere on Slacker Portable Radio Players.

> Look at digital music from the consumer’s perspective at our sister blog OurDigitalMusic.com