Tuesday’s Music Briefing: $30M To PassAlong, AU Label Exits, MySpace Wants Startups & More
HYPEBOT FEATURES:
- Artists & Labels Must Never Forget: It’s Your Data
- Band Mobile Gets MySpace URL Back With Apology
- US Digital Music Will Climb To 41% Of Sales In 5 Yrs
- Microsoft MSN UK Adds Unsigned Artists Site
- Part 2: Pete Orta On Creating A Pure Music Brand, Read Part 1 here.
MORE NEWS:
- PassAlong Networks has raised another $30M for music services. (DMW) Congrats, but what happened to the venture capital slowdown?
- Blockbuster will be the exclusive retail location of Live Nation ticketing. (press release pdf)
- Australian label and distributor Creative Vibes is shutting down after 15 years in business. They blame "competition from vertically-integrated multinationals" and a major drop in the Australian dollar. (Billboard.biz)
- Another Australian company D:Net Media is bringing the memory stick format downunder with a focus on the extra content including videos, remixes, interviews, press releases, biographies, photos and lyrics. There are also online features such as artist forums, live news updates and a Facebook page. (cNet.au)
- MySpace’s CEO says 2009 may be a good year to gobble up a few startups at bargain basement prices. (paidContent)
- Yesterday Yahoo! simultaneously premiered Coldplay’s exclusive performance for the “Nissan Live Sets on Yahoo! Music” program in the US and 11 other countries. (press release)
- A new site devoted to positive, values-based music – PositiveMusicandDownloads.com – has been launched by four Utah entrepreneurs. Both indie and major artist content.
- Bruce Springsteen uses Amazon and MySpace to debut a new song and video. (FMQB)
- eJamming, a real-time online music collaboration technology company licensed ejamming AUDiiO, to MTV Networks Music Group. (press release)
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