Music 2.0 Week In Review: Sony BMG Drops $42M, Real Up 12%, Columbia Records Prank & Much More
> Hypebot’s commentary about ads on ColumbiaRecords.com inspired a prank that placed an anti-label ad on the site. As the week progressed it spread across the net and a label insider shared his reaction.
> Ouch! Sony BMG lost $42 million last quarter.
> Reports have Dell prepping a new MP3 player and the company points towards a broader strategy.
> IODA, R2G Launch Chinese Download Site WaWaWa.
> Real Networks reported revenue up 12% but music didn’t help much despite their new deal with MTV,
> Our latest ArtistDish podcast features discussion of Terry McBride’s 25 cent per track proposal and download audio quality.
> Indie label Asthmatic Kitty to use "Pay The Buck$ His Due" pricing model.
> Rawrip pays artists 100% of sales.
> Commentary: XM and Sirius have merged. Does it matter?
> TrueAnthem raised $2M for a new music widget.
> Executive Turntable: Rob Stephenson to head Virgin US, Michael Piibe was upped to Global Head Of Business Development at EMI, Scott Francis is now President of Warner/Chappell Music, WMG SVP Dan Pelson leaves for uPlayMe