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Rewind – The Music Industry’s Week In Review: Spotify, MySpace, Pandora, Streaming & More

  • Luke Lewis predicts that streaming will stop looking like the future.
  • MySpace cut 500 staffers . Where will musicians go when it falls?
  • New reports say that Spotify is much closer a U.S. launch now.
  • A major CD-manufacturing plant is being closed down in Jersey.

image from media.scout.com More Rewind:

  • Skyline Music launched book a band / plant a tree campaign.
  • SoundCloud announced raising $10 million in venture funding.
  • Apple’s iTunes application turned 10 years old this past Sunday.
  • In the near future, traditional radio will be just another application.
  • New report indicates that piracy sites attract 53 billion visits yearly.
  • Hypebot interviewed DFTBA Records cofounder Alan Lastufka.
  • Is Ultimate Chart more than just media hype? I argued that it is.
  • Courts forced major labels to pay $45M for copyright infringement.
  • 50 Cent managed to make $10M from tweeting about a stock buy.
  • Court allowed a price fixing suit against major labels to carry on.
  • Eisley’s song leaked online. They gave fans a better copy for free.
  • Scientists have found that our brain enjoys music like it does sex.
  • Pandora released impressive year-end stats – + 75 million users.
  • Hypebot interviewed UK economist Joe Cox on music piracy .
  • Break through the noise or be the noise. It is your choice now.
  • Douglas Rushkoff predicts that Facebook will begin to decline.
  • In two months, The Beatles sold more than 5 million downloads.

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