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# New Music Business Briefing: Amp’d Shuts Down, EMI Shareholder’s Inch Towards Terra, S-Curve Invests In Widgets & More.
- URL: https://www.hypebot.com/new-music-bu-14-3/
- Published: 2007-07-23T02:54:00.000Z
- Updated: 2007-07-23T02:54:00.000Z
- Description: >>> Amp’d Mobile is shutting down as of Tuesday and selling off assets at auction. Expect multiple bidders. >>> Shareholder support for Terra Firma’s bid to buy EMI is up. Continue reading [https://www.hypebot.com/hypebot/2007/07/new-music-bu-14-3.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:06

\>>> **Amp’d Mobile is** [**shutting down**](http://promotions.ampd.com/q%5Fand%5Fa/??ref=hypebot.com) as of Tuesday and selling off assets at [auction](http://www.paidcontent.org/entry/419-breaking-ampd-mobile-decides-to-sell-off-assets/?ref=hypebot.com). Expect multiple bidders.

[![Emi](https://hypebot.typepad.com/hypebot/images/2007/07/23/emi.jpg "Emi")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/2007/07/23/emi.jpg&ref=hypebot.com)

\>>> **Shareholder** [**support**](http://www.dailytimes.com.pk/default.asp?page=2007%5C07%5C21%5Cstory%5F21-7-2007%5Fpg5%5F33&ref=hypebot.com) **for Terra Firma’s bid to buy EMI is up over 26%.**

\>>> The Canadian Copyright Board has sided with the music industry that a tax should be levied of $5

[![Canadaflag_2](https://hypebot.typepad.com/hypebot/images/2007/07/23/canadaflag_2.jpg "Canadaflag_2")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/2007/07/23/canadaflag%5F2.jpg&ref=hypebot.com)

Canadian ($4.79US) on each portable music player or recorder with less than 1GB of memory, $25CN for each device with 1GB to 10 GB. $50CN for 10GB to 30GB and $75 CN for each recorder with more than 30GB of memory. ([Billboard](http://www.billboard.biz/bbbiz/content%5Fdisplay/industry/e3i54b0908a60497eb93932d75ea51185b3?ref=hypebot.com)) Seems draconian; but then again the Canadian government actually supports the arts.

\>>> Indie **Sympathy For The Record Industry is up for sale for $625K** ($700K if the owner "doesn’t like you")([Daily Swarm](http://www.thedailyswarm.com/swarm/want-have-sympathy-record-industry-famous-label-sale/?ref=hypebot.com))

\>>> The LA Times took an in depth look at **the use of music in commercials, film and TV.** ([LA Times](http://www.latimes.com/business/custom/admark/la-ca-popads22jul22,1,3872733,full.story?coll=la-headlines-business-advert&ctrack=1&cset=true&ref=hypebot.com))

[![Prince](https://hypebot.typepad.com/hypebot/images/2007/07/23/prince.jpg "Prince")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/2007/07/23/prince.jpg&ref=hypebot.com)

\>>> The NY Times profiles **Prince and his latest marketing efforts**. "He doesn’t have to go multi-platinum — he’s multi-platform." ([NY Times](http://www.nytimes.com/2007/07/22/arts/music/22pare.html?%5Fr=1&ei=5087%0A&em=&en=ee5075b0e5a4d37e&ex=1185163200&pagewanted=all&oref=slogin&ref=hypebot.com))

\>>> More details on **the relaunch of S-Curve** come in a [press release](http://www.s-curverecords.com/?ref=hypebot.com) including the addition of management, publishing and "full digital capabilities". The label has also **invested in Chicago music widget and social networking promotion company** [**Nabbr**](http://www.nabbr.biz/?ref=hypebot.com)**.**

[![Amazon](https://hypebot.typepad.com/hypebot/images/2007/07/23/amazon.jpg "Amazon")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/2007/07/23/amazon.jpg&ref=hypebot.com)

\>>> Will there be any news of their download service when **Amazon reports to Wall Street** on Tuesday? **XM reports earnings on Thursday.**