More New Music Industry News: Rock Hall, Soundsnap, Payola Detective, ZumoDrive, MTVN & More
The Stooges, Genesis, ABBA, the Hollies and Jimmy Cliff will be inducted into the Rock and Roll Hall of Fame at the shrine's 25th annual ceremony on March 15 at the Waldorf Astoria hotel in New York City. They'll be joined by David Geffen and a cadre of songwriters — Barry Mann & Cynthia Weil, Ellie Greenwich & Jeff Barry, Jesse Stone, Mort Shuman and Otis Blackwell – who will receive the Ahmet Ertegun Award for non-performers. The ceremony will be broadcast live on Fuse TV. (Billboard)
Free community driven sound library Soundsnap has passed an amazing 500,000 registered users.
A University at Buffalo researcher has invented a statistical method that can detect payola-like corruption in the music industry, a system that gives law enforcement an inexpensive statistical guide to identify potential music corruption and to better target more traditional and much more costly hands-on evidence-gathering. (Science Daily)
ZumoDrive, a Burlingame, Calif.-based developer of technology that connects consumers to their content on any mobile device, has raised $1.5 million in new VC funding. Sherpalo Ventures led the round, and was joined by return backers Tandem Entrepreneurs and VeriFone CEO Douglas Bergeron. (press release)
Nokia Comes With Music Package May Be Too Late to Fight IPhone. (Bloomberg)
MTVN to Consolidate Digital Music Sales Teams (ClickZ)
Music Business Heads Into Virtual World…Lala/Apple, Spotify, etc. (NY Times)