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Hypebot’s New Music Business Briefing For Tuesday December 4th, 2006

> WMG‘s head Edgar Bronfman Jr. admits his  seven kids download music illegally. (video and transcript via Reuters Second Life) Please, please send the RIAA police to his house. Pretty. Continue reading

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EMI To Reject Bid

EMI will reject a recent bid by private equity firm Permira of $4.92 billion as too low. (Reuters UK)

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Windows Media, iTunes and Limewire Remain Music Apps Of Choice

Windows Media Player hit a global installation level of 67.5% in October up from 64.1% a year ago and iTunes was on 26.3% of desktops up from 19.7% last year.. Continue reading

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Live Nation Stock Jumps

Stock in concert giant Live Nation jumped $1.61 or 7.5% late last week to $23.05. It has ranged from $10.55 to $24.90 over the past year. The reason for the. Continue reading

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House Concerts Provide Venue Alternative

Talk about D.I.Y. grassroots artist development. In the US alone it is estimated that 300 homes regularly open up their living rooms to small, indie acts (usually singer-songwriters) to host. Continue reading

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Hypebot’s New Music Business Briefing For Monday December 4th, 2006

> "Anecdotal evidence suggests we’re entering the tail end of the recent indie-rock boom.." (LA Weekly) > Artists are up in arms as the UK (and most of Europe) seems. Continue reading

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Live @ Jamie Kennedy & Stu Stone Video Shoot Via Stickam Saturday

Tune in Saturday via Stickam and watch live all day as WMG act Jamie Kennedy and Stu Stone shoot the video in NYC for "Circle Circle Dot Dot". It will. Continue reading

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Only $13 Million From Kazaa Kept WMG Profitable

Warner Music Group yesterday reported net income for the last quarter of $12 million, or 8 cents a share. Sales fell another 5.6% to $854 million for the quarter ending. Continue reading

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Unviversal’s Morris Hypes The Markets: ’07 Will Be “Best Year Ever”

Despite a general malaise hovering of the record industry powerful label veteran Doug Morris predicts that his Universal Music Group will have a banner year in 2007. "I think that. Continue reading

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Hypebot’s New Music Business Briefing For Friday December 1st, 2006

> The file-sharing service BitTorrent announced some major deals in its bid to transition to selling licensed online content including films, TV shows and music, starting in February. (LA Times). Continue reading

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