Music Industry Quote Of The Week
"Hey Sorry man…..my kids have to eat….if you’re never going to advertise with us I can’t justify the cost of covering your releases." – Part of an email exchange between. Continue reading
Ben Drury of UK’s 7digital On DRM
The UK’s 7digital and sister site Indiestore.com have been selling downloads in multiple formats for quite some time – a path we think you’ll see other online retailers follow in. Continue reading
Yo Yo Ma Scores Digital Record
Yo-Yo Ma has become the first Sony BMG classical artist to sell more digital copies than CDs in its first week. Released on January 9, the Grammy-winning cellist’s Sony Classical. Continue reading
This Week’s Top Stories
EMI is in the midst of a major restructuring which will lead to layoffs. Thus far senior execs Alain Levy and David Munns have been let go and two other. Continue reading
More Restructuring At EMI
Eric Nicoli, the CEO of EMI Group who on Friday assumed direct responsibility for the EMI Music division after the ouster of senior executives Alain Levy and David Munns, today. Continue reading
FCC Chair Says No To XM & Sirius Merger
Shares of XM and Sirius Satellite Radio plunged Wednesday after the chairman of the Federal Communications Commission send that FCC rules prevent a merger. The FCC rules that allowed the. Continue reading
FCC Seriously Considering Indie Music Requirement
An FCC staff proposal to the Commissioners reportedly would resolve the ongoing payola investigation of broadcast groups by requiring that stations play some independent music. It is unclear what is. Continue reading
Canadian Music Industry Year End Report
Overall music purchases were up nearly 10% from 2005 . Nearly 15 million digital tracks were purchased; an increase of 122% over 2005 The top 200 tracks. Continue reading
INGroove’s CEO Robb McDaniels On The Industry’s Drift Towards MP3’s
“INgrooves and ONE Digital fully support the growing momentum towards the acceptance of MP3 downloads by the major record labels and download stores." "For the past 5 years, INgrooves has. Continue reading
Apple Post Record Profits With 21 Million iPods Sold 4thQ
Apple reported a record 78% jump in profits on Wednesday powered in large part by a music related sales including a whopping 21 million iPods in the last 3 months. Continue reading
