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Monday’s Music Briefing: BMG Sale Details, MySpace Leaks, Universal Appeals & More

HYPEBOT FEATURES:

2nd UPDATED:

> SONY BMG NEWS – Sonybmg

  • EU trade group IMPALA says it will appeal the ruling that allowed the merger of SonyBMG even as BMG is negotiating a slae to Sony of its share of the assets. (AP)
  • Bertlesmann wants to keep an interest in its European music operation and some other BMG assets even as it sells off the rest to partner Sony. A deal appears close. (FT)

Xm_sirius

> The Chairman of the FCC will recommend approval of the XM and Sirius merger but with caveats including ala carte pricing. (paidContent)

> Last week the RIAA dropped a long standing P2P case. Now we now why. They’ve filed a new one. Wanrner vs. (John) Does 1-4 asking the courts to find out who the file sharer really was. (ars)

> The average UK teen’s iPod has 842 copied tracks on it. (Times UK)

> Watch for a major MySpace web re-design this week. Wired has what appears to be a leaked preview. (Listening Post)

> Universal is going to appeal a case they lost aimed at stopping the resale of promos. (DMN) I shouldn’t be surprised, but this feels like another case of a label making enemies out of the very people they need to succeed – in this case the writers they give the promos to in the first place.Radio

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Radio Royalty News: An anti-performance royalty bill is now backed by 211 Representatives nearing a majority of the House. (FMQBPandora has hired a lobbyist to help it lower rates for net radio services. (FMQB)

> HYPEBOT POLL RESULTS: Can Labels Run Without Presidents? 27% – No. Guy Hands Has Lost His Mind, 24% – Yes The Guys Are A Costly Waste, 49% – It’s A Worthy Experiment. You can still vote here.

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1 Comment

  1. the ‘sell my promos’ guy may have won the battle but lost the war; the last thing a label wants is to compete against itself (by having their own free goods competing against product), so look for major changes in who gets promos, how many they get, and some barcodes or something to track what happens to promos once they’re given out

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