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Rewind – The Music Industry’s Week In Review: Spotify, MySpace, Pandora, Streaming & More

Luke Lewis predicts that streaming will stop looking like the future. MySpace cut 500 staffers . Where will musicians go when it falls? New reports say that Spotify is much. Continue reading [https://www.hypebot.com/hypebot/2011/01/rewind-the-music-industrys-week-in-review-spotify-myspace-pandora-st

  • Luke Lewis predicts that streaming will stop looking like         the future.
  • MySpace cut 500         staffers . Where will musicians go when it falls?
  • New reports say that Spotify is much closer a U.S. launch        now.
  • A major CD-manufacturing plant is being closed down in        Jersey.
image from media.scout.com

More Rewind:

  • Skyline Music launched book a band / plant a tree campaign.
  • SoundCloud announced raising $10 million in        venture funding.
  • Apple’s iTunes application turned 10 years old this        past Sunday.
  • In the near future, traditional radio will be just another        application.
  • New report indicates that piracy sites attract 53 billion visits        yearly.
  • Hypebot         interviewed DFTBA Records cofounder         Alan Lastufka.
  • Is Ultimate Chart more than just media hype? I argued that        it is.
  • Courts forced major labels to pay $45M for copyright        infringement.
  • 50 Cent managed to make $10M from tweeting about a        stock buy.
  • Court allowed a price fixing suit against major labels to        carry on.
  • Eisley’s song leaked online. They gave fans a better copy for        free.
  • Scientists have found that our brain enjoys music like it does        sex.
  • Pandora released impressive year-end stats – +        75 million users.
  • Hypebot         interviewed UK economist Joe Cox on         music piracy .
  • Break through the noise or be the noise. It is your choice        now.
  • Douglas Rushkoff predicts that Facebook will begin to        decline.
  • In two months, The Beatles sold more than 5 million        downloads.