REWIND: The Music Industry’s Week In Review
It was another week of poor earnings reports and bad news for the old school music industry: Warner Music losses mounted, RealNetworks' Rhapsody lost 50K subscribers and 9% of staff. Continue reading
RealNetwork’s Rhapsody Cuts 9% Of Staff
Rhapsody, a joint venture of RealNetworks and MTV, layed of 12 people or 9% of the staff of the music subscription service. RealNetworks had already cut 8% of overall staff. Continue reading
Indie Artist The Aces Asks Hypebot Readers: Do The Grammys Matter?
Derek Irving from indie artists The Aces emailed me yesterday: I'm an independent artist who recently signed to a label out of Spain for a 2 record term. Why? Because. Continue reading
Lives Nations Reports Another Loss
The Machine Despite beating their ticket sales target by more than 1 million tickets, Live Nation reported a loss of $27.2 million, or 33 cents per share, in Q2.. Continue reading
ArtistDirect Leaves NASDAQ
ArtistDirect, which went public in a blaze of unrealized glory, is voluntarily pulling itself off the NASDAQ stock exchange and stopping reports to the SEC. The company operates as popular. Continue reading
More Music News Friday 8/7/09: Pirate Bay Sale, Twitter Attack, Downturns & More
Pirate Bay sale imminent, but who owns it to begin with? As The Pirate Bay contemplates a sale later this month, ars technica takes a look at the mysterious, Seychelles-based. Continue reading
Warner Music Reports Mounting Losses
In a report to shareholders this morning, Warner Music Group revealed that in the quarter ending June 30th, 2009, total revenue decreased 9.3% and operating income from continuing operations declined. Continue reading
Thom Yorke: “There’s A Process Of Natural Selection Going On”
“There’s a process of natural selection going on right now. The music business was waiting to die in its current form about twenty years ago. But then, hallelujah, the CD. Continue reading
Star6 iPhone App Lets You Chop The Beats With The Flick Of The Wrist
Star6 Introduction from Star6 on Vimeo. Agile Partners, creators of the GuitarToolkit iPhone app, partnered with DJ/musician Jason Forrest to create Star6, a fully featured sample instrument for the iPhone. Continue reading
More Music News Thu. 8/6/09: Senate Hearings, HFA Helps Napster, Amie St. Redux & More
Both sides debate at US Senate Performance Royalty hearing. (FMQB) The Harry Fox Agency will be providing royalty administration services to Napster. HFA will distribute mechanical royalties for its subscription. Continue reading