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Monday’s Music 2.0 Briefing: UK Digital Jump, 50 Cent & More

HYPEBOT FEATURES: Tough times at EMI as lender Citi sets higher quarterly goal. Can The Music Industry Save Itself? Part 1 in a Hypebot series. Music Industry 1.0 Score Card. Continue reading [https://www.hypebot.com/hypebot/2008/05/mondays-music-1-8.html]

HYPEBOT FEATURES:

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UK digital album sales jumped 70% and singles were up 42% in the first quarter of the year (UK Charts via DMW)

> Is rapper 50 Cent on the verge of a $300 million 360 deal that would bring him and his label to Murdoch’s MySpace Records? (SFGate, MTO) I predict it won’t happen. Rupert’s too smart for this one.

> Fan Created Commerce:  Lollapalooza teams with Threadless in a contest to design the official festival t-shirt.

> Backstage launches a system to help bands give away free music as a promotional tool. (Mashable) Some are questioning why bands would not just use a file sharing site like Rapidshare  for free.

> Coldplay campaign highlights continued power of email campaigns. (Million Media)