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 got laid off, concert promoters Live Nation continued its' loosing ways and its policy of discounting tickets. ArtistDirect even went so far as to pull itself off the NASDAQ stock exchange.
- Who cares about bad news when we had another great essay from Kyle Bylin: "Conditioned To Steal – Popular Music and Obsolescence in America"
Here is music 2.0 in action: indie: Amanda Palmer crowdsourced a new video in 20 minutes and tweeted fans for flash mob of extras.
- The Band As A Billboard: The new Mariah Carey CD booklet will be covered with ads.
- A new way of doing business? Hip Hop label signed by the artist..not the other way around
- An interview on the music industry with Techdirt's Mike Masnick.
Music distributor The Orchard opened its API to a group of select artist services firms.
- Warner Music and 7 Digital cut a pan-European deal.
- Big Champagne revamped it charts and added two free music industry news services.
- Video of Stephen Colbert: "The Black Eyed Peas missed so many advertunities".
- The Star6 iPhone App lets you chop a beat with the flick of a wrist.
iLike expands D.I.Y artist and concert iPhone apps.
- Country star Taylor Swift jumped into gaming.
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 [https://www.hypebot.com/hypebot/2009/08/rewind-the-music-industrys-week-in-review-24.html]
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