More Music Industry News: EMI Debt Troubles, Copyright Time Bomb, Dynamic Ticket Pricing & More
"Only dead fish go with the flow"
– a Tweet very early this morning from Derek Sivers
- Citigroup rejected EMI's latest proposal to refinace its massive debt. (MusicWeek) As a result Terra Firma is writing off 90% of EMI's original value. (StrategyEye) Is anyone surprised?
- Copyright Time Bomb Set to Disrupt Music, Publishing Industries (Epicenter) Read this.
- Setback for malicious prosecution lawsuit against RIAA – A lawsuit accusing the RIAA and record labels for malicious prosecution
was dealt a blow with a judge's ruling that the labels had a reasonable
basis for their original legal action. (ars) - AOL to spin off Dec. 9, begin trading Dec. 10. (CNet)
- Diognex introduces dynamic ticket pricing.
- MySpace CEO Owen Van Natta will make his first keynote appearance outside of the United States On Saturday 23 January at this year’s MidemNet, the international forum on new technologies and new business models in the music industry. (Midem)
- Muzicall, an EU ringback service, raised $13.5M in new funding.
- Would Anyone Pay for MySpace Music? (Gigaom)
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Im looking forward to Midem, (thats actually my birthday) but Im not really looking forward to Owen’s sugar coated soundbytes.
I hope they moderator really drills him and asks real questions.