Indie Publisher Bug Music For Sale For $300M
JPMorgan Chase is facilitating an auction for Indie music publisher Bug Music with an asking price of $300 million. As reported by the New York Post, Bug has already received. Continue reading
EMI Names Mike Harris EVP Label Services & Caroline Distribution
EMI has appointed Mike Harris as Executive Vice President/General Manager for EMI Label Services and Caroline Distribution, the company’s indie label arm. Harris will lead this division worldwide from New. Continue reading
WMG’s Bronfman Says “Drop The Charges”
Warner Music Group CEO Edgar Bronfman Jr.’s attorney has asked a Paris court to drop insider trading charges claiming that he was part of a group of then Vivendi executives. Continue reading
Skype Kazaa Founders Unveil Rdio Music Service
(Updated) Created by the founders of Kaaza and Skype, Rdio is offering the first look at its much anticipated streaming offering with an expanded private beta. Designed to be a. Continue reading
Pandora Gets More Funding
Pandora has raised an undisclosed amount of new funding, according to a statement from the company. This round was led by GGV Capital along with Allen & Company. Pandora had. Continue reading
New AT&T Data Limits Bad News For Music Tech
(UPDATED) AT&T is replacing its $29.99 per moth unlimited data plan, popular with iPhone and iPad users, with $15 (200MB) and $25 (2G) plans. While a reported 95% of mobile. Continue reading
Gogoyoko Mixes Music, Social Networking, Direct Sales And 100% Payments To Artists
Gogoyoko is a new online music store and social network based on a concept they've dubbed Fair Play In Music. Artists and labels receive 100% of music sales and a. Continue reading
This Week’s iTunes Top 10
For the week ending May 31, 2010 Top 10 Singles 1. "California Gurls (feat. Snoop Dogg)," Katy Perry2. "Airplanes (feat. Hayley Williams)," B.o.B.3. "OMG (feat. will.i.am)," Usher4. "Your Love Is. Continue reading
More Music Industry News: Used CDs, SoundExchange + AFTRA, Chuck D, Canada & More
EFF to fight for right to resell CDs in Monday hearing as Appeals Court considers 'First Sale' doctrine for eBay seller. (EFF) SoundExchange has teamed with American Federation of Television. Continue reading
New Bridge Study Shows Power Of Social Networking Hierarchy To Drive Music Sales
Targeted Execution Nets 34% Jump In Music Sales A new Bridge Ratings study confirms what some marketers already know: not all social networks deliver the same results. There is is. Continue reading
Vevo Soars As Online Video Continues Growth
1 out of 4 or 43.6 million online video watchers in April were viewing a Vevo video; most probably from a Universal or Sony artist. The two labels powered by. Continue reading