Thursday’s Music Briefing: NY iTunes Tax, Songs In Ads, Live Nation Looses $19M on U2 & More
HYPEBOT FEATURES:
- Annual Digital Music Track Sales Top 1 Billion In ’08
- Eleven Seven’s Woodworth Tells "What Is Working"
- A new way to market music? Online Video Rules The Workplace
- Help Me Build A Ticket Stimulus Package
- Nashville Feels The Pain: Equity Music Group Folds
- Join the discussion: 4 Dirty Little Secrets Of Music 2.0
MORE NEWS:
- New York state is considering a tax on digital downloads. (cNet)
2008’s Top 10 Songs In Ads (Ad Age)- No wonder Bono is smiling…Live Nation just bought back 1.6M shares from U2 for $25 million confirming reports that the concert promoter would take a loss of $19 million on the deal. (Billboard) Live Nation stock was down 25% in morning trading Thursday. See the music stick ticker in the right column for the latest.
- 7Digital appears to be providing some of the back end on the new EMI.com, but both sides aren’t talking. (Music Ally) I saw their log pop up in place of some band photos when testing the site and wondered what was up. My guess is they providing the back end for the downloads sales – if not fo all acts at least for when you search for a non EMI artists.
- Ted Cohen joins SonicSwap’s Board of Directors to help guide the company’s digital entertainment strategy. (press release) SonicSwap is a social platform built directly on top of iTunes.
- Visitors to music site MOG.com can now order, through transactional banner ads, songs and ringtone downloads from Sony BMG-backed Dada Entertainment. (ClickZ) A smart convergence of existing technologies.
- D.I.Y. Alert: Inspirational feature film launches nationwide online competition for songs to be used in film and soundtrack. (press release)
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