Browsing all posts in September, 2008.
Pandora Ads
Pandora, the online radio station that plays music based upon artists that you like, has had tremendous success with their application for the iPhone. The application has been downloaded 1.1 million times and allows the user to stream new music wherever they are. Only problem is Pandora is set to have revenues this year of [...]
30 $econds?
The issue of whether or not to charge royalties on 30 second online previews of music is now underway in federal court. ASCAP, the musicians performing rights organization, is pushing to receive royalty payments for these clips in addition to the royalties an artist already receives from the sale of a complete song. I see [...]
Bon Jovi in Mumbai
On December 7th, Bon Jovi will be rockin’ live in Mumbai with several Bollywood artists at the Live Earth event. The concert will take place at the 20,000 seat Andheri Sports Complex and will be broadcast on Star India’s music outlet, Channel V in India. It will simultaneously be broadcast in the U.K. and the [...]
Milian MySpace
MySpace Records has just signed Christina Milian to a new deal. Milian had currently been with Def Jam, who unceremoniously dropped her before her 3rd album was to release due to slow sales potential. MySpace Records is a record label that started in 2006 within MySpace. I would guess that with the advent of the [...]
Digital Sales
Quick blog here to relay some recent comments by Warner’s Chief, Edgar Bronfman Jr. When describing the physical to digital music switch, he said that digital sales are now up to 32% of their US recorded music revenue. Earlier this year, the eMarketer group predicted digital sales would be 40% of the physical/digital divide by [...]
New Spanish Label
It is fun to follow the money in the music industry. As companies rise and fall, we obtain a nice glimpse into what is actually happening and where the money is going. So record labels who continued to hope in record sales are seeing sales plummet. Now we see artists sign enormous deals with Live [...]
Myspace Music
MySpace Music is supposedly being launched within the next few weeks. MySpace Music will be a new direction for the well-known music discovery website and will include ad-supported on-demand streaming playlisting. It will also include DRM-free (digital rights management) downloads powered by Amazon that will allow the downloads to go right into iTunes. MySpace Music [...]
Live Nation Ticketing
The concert ticketing game is about to undergo some big changes. Recently, Ticketmaster has been the ticketing agent for all Live Nation venues & concerts. But this alliance is coming to an end and Live Nation will bring this in house. In addition to being a wise financial decision, it also has perhaps an even [...]
Warner’s Shuffle
Warner just shuffled a number of executive positions in an attempt to “seize new growth opportunities.” I won’t go in to all the detail, but I think there are a few interesting points I would like to hit on. First of all, Warner’s CEO Edgar Bronfman made the following statement: “It (the new structure) builds [...]
Si
Spain just got its first taste of streaming music through the new website yes.fm. The site will offer over 2 million songs by 50,000 artists. Yes.fm has deals with all of the major labels and will be making their money through subscriptions and advertising. Clients will have a range of option plans for the amount [...]
