Browsing all posts in May, 2009.
EMI Income
EMI has just announced some better financials for fiscal year ending March ’09. EBITDA (earnings before interest, taxes, depreciation, & amortization) were up an astonishing 219% from the year before. EBITDA was $246 million. This compares rather favorably to the prior year’s numbers of $77 million. A few facts within this increase is that a [...]
For the People
A very communist-sounding new site has just been launched that combines the power of social networking with an extensive paid music collection. The People’s Music Store has just signed a deal with Universal Music that will license more than 300,000 songs, bringing the total to the site The idea behind the site is that the [...]
Almost Famous
Last night, I had the honor of being a part of a musical event that included a number of artists. I was back stage before playing, and a major recording artist was back there as well chatting it up with all of the musicians. One of the artists played her song, came backstage, and was [...]
Get Music Australia
Back in January of this year, Universal Music Australia launched its own website to sell & stream music. The website is Get Music (http://www.getmusic.com.au/). Universal Australia is now taking it one step further and is partnering with ebay in Australia to launch a new music portal at http://play.ebay.com.au/. Users will be able to purchase or [...]
iTunes Pricing
Last month, I blogged about the new pricing structure for iTunes. My prediction was that consumers would move towards cheaper or free alternatives if iTunes raised their prices from $0.99 to $1.29 for the most popular songs. So far, the data appears to confirm my suspicion. Overall revenues for iTunes are down, even though fewer [...]
Free Coldplay
Coldplay has a new tour beginning on May 15th and they are giving away a free cd to all concert attendees. A little 9-song thank you to the loyal fans. Coldplay is obviously making enough money to where this isn’t exactly a free giveaway, but it’s important in that it shows the shift from album [...]
