AM BRIEF: MySpace Owners Trim Staff, 2011: Digital Music’s Year, Spotify To Asia & More
New MySpace owner Specific Media has trimmed 8% of its 750 person staff. (TechCrunch) When Specific bought MySpace for $35 million a couple of months ago, it cut MySpace's 400 person team by 50%. and promised revamp plans by late summer. So far, nothing.
- Glenn Peoples offers statiscial proof that 2011 is digital music's tipping point: "American consumers have purchased an additional 12 million digital albums and 90.5 million tracks on top of what they had purchased at the same point in 2010." (Billboard)
- Google is rolling out free real time analytics and traffic data. Watch out Chartbeat, et al.
- Spotify has hired former Google exec Dan Brody to head an Asian expansion.
- Nikki Herceg joins Warner Music Nashville as Sr. Dir./Publicity.
- YouTube experienced its first outages in months yesterday. All is well now.
- Zune Pass gets a $9.99 price tag and heads to Canada Oct. 3. (Digital Trends) Better late than never.
- Radio Hits: The Always Exciting, Sometimes Difficult Climb Back To The Top Of The Charts (Village Voice)
- Video sharing service Twitvid raised $6.5 million of Series B funding led by Azure Capital Partners with participation from existing investor Draper Fisher Jurvetson. (DMW)
- New Pink Floyd reissues has writer asking: How many verisons of an album do we need? (Montreal Gazette)