Browsing all posts in November, 2008.
Hulu Revenue
Hulu, the ad-supported online tv and movie service, is set to quickly reach the revenue level of YouTube. The Financial Times reported that by 2009, Hulu will reach $180 million in ad revenue to tie YouTube. This year, expected revenues are $100 million for YouTube and $70 million for Hulu. Hulu is a joint venture [...]
Kanye
Kanye West is releasing a compilation remix album exclusively on imeem. Actually, exclusively is a fairly relative term as the minute it shows up on any site, it will be on other sites rather quickly. But nevertheless, imeem gets points again for releasing original content. I am a big believer in these music website companies [...]
French Music Biz
The French music trade body, SNEP, just released year to date sales numbers for the French music industry. France is following the trend of all other countries, namely, cd sales are plummeting and digital sales, although increasing rapidly, are not covering the loses in album sales. Here are the actual numbers for the first 9 [...]
IODA’s Japanese Expansion
IODA, the leading digital distribution website for global independent artists, has just made headway into the Japanese market by partnering with BounDEE. BounDEE will begin to distribute artists signed up with IODA. They will distribute through Japanese online and mobile outlets. One really interesting fact for Japan is that as much as 91% of music [...]
Your Tube?
YouTube, the massive user-generated streaming video site, is establishing a second life which will be called YouTube Live. Google-owned YouTube will begin to be the generators of the content on the new YouTube Live service, which will begin on November 22nd of this year. The reason behind this new YouTube ‘channel’ is to provide original [...]
We7 Live
We7 is officially out of beta format. We7 is the website that ran with the business model of having ad-supported song and album streams. Peter Gabriel is a founder, investor, and board member. The site has a catalog of over 3 million licensed songs from all 4 major labels as well as some of the [...]
BMI
BMI, the music performing rights organization, just released some impressive numbers. During the 2008 fiscal year, BMI made $900 million in revenues, dispersing more than $786 to artists. This is a 7.2% increase from the previous fiscal year. Here is how the numbers broke down: – 26% – international- 25% – radio- 21% – cable [...]
Orchard’s Harvest
The Orchard, an all in one website for independent artists, has just announced some encouraging sales numbers for the recent quarter ended September 30th. The Orchard helps independent artists with music sales, distribution, marketing, and other features. They are publicly traded on NASDAQ as ORCD. The Orchard has really been getting a lot of traction [...]
Indie Artist Distribution & Promotion Package
I like to highlight the ways that technology is making it easier for artists to get their music heard online. A recent development is that two companies set to help artists with distribution and promotion have just joined forces to offer a one-stop-shop for this service. The two companies are TuneCore & iLike. TuneCore allows [...]
Listening Habits
So if music is completely free, how will people listen? Will they just download their favorite songs or the ones they hear on terrestrial radio? Will they download individual songs or complete albums? A recent story out of Denmark provides some interesting answers to some of these questions. For instance, TDC, a provider of landline [...]
