NEWS BRIEF: Tunecore vs. Amazon, MOG Sales Update, Spotify, Moshcam, Deezer, Instagram & More
Tunecore distributed artists are still not for sale on Amazon UK, but CEO Jeff Price tells Hypebot that "lots of progress made all in the right direction, (the issue) should be all resolved soon".
- MOG Sales Update – "The subscriber base won’t be material.. instead, Beats’ main interest will be in MOG’s deals with the major music labels, and the front end of the music service it has built", says Media Memo's Peter Kafka, as sale rumors persist.
- Spotify added 12 apps today including its first created by record labels (more). Meanwhile, Universal Music UK exec says Spotify doesn't hurt sales, digital revenues nearing parity (The Verge)
MORE:
- Elevation seeks $1 billion with help from Bono – The private equity firm best known for its shares in Facebook is making the rounds to ramp up more money for its investment fund. (CNet)
- Moshcam, a catalog of originally recorded live music videos, has added an app for Apple iOS mobile devices.
- Deezer have developed an app specifically for the BlackBerry Playbook tablet.
- Instagram + Hipstamatic: The two photo apps have formed a photo-sharing partnership that lets users post Hipstamatic creations on Instagram.
- Twitter turns 6 this month with some impressive stats: 40 million active users and 340 million Tweets a day.
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We recommend MondoTunes over any of the competitors. they’re the next generation music services company. Met the guys at a music conference and their value proposition can’t be touched because they’re not head deep vested in corp/vc funding so they benefit the artists (at this point. hopefully they don’t sell their soul). the reach close to 800 online stores, they don’t do BS per store fees (all stores are included), they cost the least, they don’t have monthly/annual feess, artists keep their rights and receive 100% net royalties. Here’s a cool link http://www.mondotunes.com/mondotunes-vs-tunecore-cdbaby