> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# REWIND: The Music Industry’s Week In Review
- URL: https://www.hypebot.com/rewind-the-music-industrys-week-in-review-1-10/
- Published: 2010-05-08T06:07:54.000Z
- Updated: 2010-05-08T06:07:54.000Z
- Description: UPDATED Terra Firma and Guy Hands have just days to save EMI from a loan default with Citi. MySpace lost $150 million in the last 3 months and new stats offer more. Continue reading [https://www.hypebot.com/hypebot/2010/05/rewind-the-music-industrys-week-in-review-1-10.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:59

if (WIDGETBOX) WIDGETBOX.renderWidget('40845a51-fee2-4e15-86a6-2d98de497f57');  
UPDATED

- [![image from sanctumla.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e2012876c65b2b970c-250wi)](http://hypebot.typepad.com/.a/6a00d83451b36c69e2012876c65b2b970c-pi?ref=hypebot.com) Terra Firma and Guy Hands have **just days to [save EMI](https://www.hypebot.com/guy-hands-has-just-10-days-to-save-emi/)** from a loan default with Citi.
- **[MySpace lost](https://www.hypebot.com/myspace-lost-150m-in-last-3-months/) $150 million** in the last 3 months and new stats offer more proof of [it's decline](https://www.hypebot.com/nielson-offers-more-proof-of-myspace-decline-as-facebook-twitter-soar/) as Facebook & Twitter soar.
- Song marketplace **MusikPitch launched amidst some** [**controvers**y](https://www.hypebot.com/hypebot/2010/05/musikpitch-offers-lame-explanation-of-terms-that-grab-ownership-from-songwriters-.html), and by week's end the company had [revised it's user agreements](https://www.hypebot.com/musikpitch-responds-to-complaints-revises-terms/).
- The **Black Eyed Peas** break the [digital sales record](https://www.hypebot.com/black-eyed-peas-break-digital-sales-record/).
- APPLE: **[iPad sales top 1 million](https://www.hypebot.com/ipad-sales-top-1-million-in-just-28-days/)** in just 28 days and  
new iAds share **[iTunes purchase data](https://www.hypebot.com/apples-iads-vip-shares-your-itunes-purchase-data-with-other-marketers/)** with  
marketers. Plus it could be **a long wait for[ iTunes in the cloud](https://www.hypebot.com/it-could-be-long-wait-for-itunes-in-the-cloud-as-labels-argue-multiple-use-demand-more-s/)** as labels claim multiple use.
- **WMG offers [mixed results](https://www.hypebot.com/wmg-offers-mixed-financial-report-digital-sales-up/) to investors.** Digital sales up.
- **TuneCore adds charts** and shares [some impressive sales](https://www.hypebot.com/tunecore-adds-charts-offers-impressive-sales-stats/) stats.
- **[Napster goes social](https://www.hypebot.com/napster-goes-social-with-facebook-twitter-more/)** with Facebook, Twitter & more.
- **ASCAP 2009 [revenues jump](https://www.hypebot.com/ascap-2009-revenues-jump-176m-to-995m/)** $176M to $995M
- **[Concert simulcasts increase](https://www.hypebot.com/concert-simulcasts-increase-in-popularity/)** in popularity. The Met tops 2.2M season tickets to broadcasts.
- **RealNetworks** [post-Rhapsody](https://www.hypebot.com/realnetworks-postrhapsody-reports-small-profit-from-lower-revenues/) reports **small profit** from lower revenues.
- **YouTube to offer [new revenue stream](https://www.hypebot.com/youtube-to-offer-new-income-stream-for-videos/)** for videos.
- A great [new artist checklist](https://www.hypebot.com/a-new-artist-checklist-from-soundexchange/) from SoundExchange

**IMPORTANT VOICES:**

- **Bruce Warila:** [Every Major Artist Is Failing](https://www.hypebot.com/hypebot/2010/05/bruce-warila-how-every-major-artist-is-.html) As An Independent Media Channel & What To Do About It.
- **Kyle Bylin:** [Why Music (Really) Matters](https://www.hypebot.com/column-why-music-really-matters/).
- **Bob Baker:** Giving consumers these [three choices](https://www.hypebot.com/bob-baker-giving-music-consumers-these-3-choices-leads-to-more-revenue/) leads to more revenue.
- Interview: **[We7's Steve Purdham](https://www.hypebot.com/hypebot/2010/05/quick-interview-with-we7-ceo-steve-purdham-.html)**.