Friday’s Music Briefing: RIAA Ends Lawsuits, Mixwit Shutters, B.B. Kings & More
HYPEBOT FEATURES:
- YouTube Turning Into Major Label Revenue Stream
- Indie Def Jux’s Uzoigwe Answers: What Is Working?
- Music Sales Drop 2% Q3 Despite Digital Growth
- Video: Stereogum’s "Bands We Lost In 2008"
- Indie Labels Unite To Fight New York Download Tax
- I’ve Joined Band Metrics’ New Advisory Board
MORE NEWS:
- "After years of suing thousands of people for allegedly stealing music
via the Internet, the recording industry is set to drop its legal
assault as it searches for more effective ways to combat online music
piracy." (WSJ) This is an incredibly overdue decision. - Playlist sharing site Mixwit is shutting down. (Mixwit)
- U2’s Live Nation stock deal is good for Madonna but bad for investors. (ATD) It’s probably not great for ticket buyers either…
- B.B. Kings Blues club in NYC has is smartly offering half priced concert tickets to the unemployed. (Billboard). Help me build our own Ticket Stimulus Package for the bands and promoters here.
Mathew Daniel writes about "Reconciling The Value of Music" on hit Global Outpost blog which as he says "in parts addressed" my recent here and on MidemNet blog “Free Music Only Has Value If …”
FYI: Hypebot will continue to publish and follow breaking music industry news throughout the holidays.
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Coverage indicates that the RIAA is going to drop the lawsuits because they think they have some ISPs on board for extrajudicial sanctions based on accusation, some variation of “three strikes.” I’m not sure this counts as an improvement. What percentage of error will be acceptable here? Who will be liable for the suits from innocent end users who get cut off?
And finally, for the guilty: what will it mean to cut people who are highly interested in music off of music’s most important marketing and sales channel?