Universal Music Revenue Falls Another 2% Despite 13.5% Rise In Digital Sales
For the first half of 2011, Universal Music Group's revenue decreased 1.9% to $2.64 billion USD a 1.9% decrease compared to the first half of 2010 (-2.0% at constant currency). Continue reading
AM NEWS: UK Indie Fire Update, Deezer vs. Spotify, Sony Bags Qriocity, Smashing Record Club & More
The London Sony PIAS warehouse fire that destroyed the stock of 150+ indie labels was orchestrated by a gang of professional robbers using the riots as cover. (Telegraph) Sony is. Continue reading
AD WATCH: Willie Nelson Covers Coldplay’s “Scientist” For Chipotle Ad [VIDEO]
Willie Nelson and Chiplote have joined forces for a wonderful animated ad designed to make us think more about what we're putting in our mouth comes from. Nelson has been. Continue reading
PM UPDATE: AOL For Sale, Facebook Music, Sonos, ReverbNation, Cerda To VEVO, Rightsflow+Rhapsody
Faced with a falling stock price and speculation that the company is a takeover target, AOL has huddled with bankers to discuss options including taking the company private. CNBC is. Continue reading
One Of Music’s Last Holdouts Putumayo Goes Digital
( (UPDATED) One of the last holdouts, Putumayo has finally made its music available via digital download. “I’ve built a business focused on creating compelling physical packages that combine music,. Continue reading
Spotify Liberates Its API
Spotify opened its iOS API to developers today with the launch of libspotify. Hoping that an enhanced premium experience means more paid subscriptions, Spotify is encouraging third-party developers to write. Continue reading
Musicians Can Do Well By Doing Good With Downtime Facebook App
Downtime is an effort to encourage musicians to take some of their "downtime" and support a good cause. Downtime's Facebook app facilitates musician involvement by connecting individual musicians to appropriately. Continue reading
BandPage by RootMusic Raises $16 Million In Expansion Financing
RootMusic, developers of the popular BandPage musicians Facebook app, today announced $16 million in a Series B expansion funding round led by GGV Capital with new investor Northgate Capital and. Continue reading
MixApp Shuts Down. First Victim Of Turntable.fm?
MixApp, which like turntable.fm enabled group listening, shut down service this week. "Quite simply, we can't afford the hosting costs any more," said the site's founders. MixApp required users to. Continue reading
2011 BT Digital Music Award Nominees Announced
The list of nominees for the UK's annual BT Digital Music Awards have now been announced. The awards will be held at Camden's Roundhouse on Thursday 29 September, and will. Continue reading
