More Music Industry News: Deezer’s $9.6M, Spotify Payments, Carly Simon Sues, P2P Profits & More
French music streaming site Deezer raises another $9.6 million in its second round. (paidContent) What funding freeze?
- We7's CEO helps calculate those elusive Spotify royalty numbers. "If Spotify were to pay full whack for its music licensing, it would be paying something over £9m per month for that alone – while getting income of around £1m. But as you'll discover, it's unlikely that the cost is anywhere near that." (Guardian)
Carly Simon has sued Starbucks for their failure to promote her last record and says she'll have to keep working due to financial difficulties. (NY Times)
- New studies show that music is good for your heart and stress levels. (CNN) Does the stress reducing thing work even if you're in the music business?
- Warner/Chappell Music announced that Steve Markland has been appointed to VP A&R, Nashville.
- Illegal Downloads Are 150x More Profitable Than Legal Sales – Who says piracy can't make record labels money? German pirate-tracking outfit DigiRights Solutions says that copyright holders can earn 150 times more money from illicit downloads than from iTunes and other legal stores by chasing down the illegal users. (TorrentFreak)
- Could music become less a priority for iTunes? The online media store is already one of the largest e-commerce sites in the world. Here are some other things Apple might sell via the web. (Business Week)
- Recording studios are being left out of the mix - Inexpensive software is shifting music-recording to the home. Industry experts estimate that up to half of the commercial studios in the L.A. area have closed or been sold to artists for private use. (LA Times)
The new Sonos ZonePlayer S5 is a wireless music system controlled by an iPhone. It's designed to bring music from the Internet and computer to any room in the house. The S5 takes advantage of the multi-functionality of the iPhone and turns it into a remote control @ $399 a room. Video after the jump.
Virtual Studio gives the facilities includes: Talk shows hosting, using virtual sets; http://www.vsworld.com/?loadSwf=swf/streaming.swf live & on-demand web-cast streaming studio; recording by voiceover artists; production facility for audio video presentations; option for live call outs or live phone-ins; radio shows; panel discussions; training-educational videos with software demos audio-video processing, optimization & encoding facility.
Sachi Infotech‘s vision is to, establish long term strategic business partnerships with its Clients, by engaging them into mutually beneficial IT projects and solutions. With its strong business partnerships with US based technology and services companies with more than 10 years of functional and domain knowledge expertise in many industries.