Monday’s Music Brief: EMI, Pirate Bay, RIAA, Last.fm, Touch & Go & More
HYPEBOT FEATURES:
- Teens Prefer Music To Sex And Have No Intention Of Paying For It
- Could EMI Be Worth Less Than $0.00?
- The Digital Natives: Youth Culture (Part Three)
- Congress Looks At Live Nation Ticketmaster Merger
- Pirate Bay Claims 80% Of Traffic Is Legal
- Despite Ringtone Slide Mobile Music To Hit $14.6B By 2013
- Daily D.I.Y. – Local & Regional Sponsorship
- Get A Free Ticket To Digital Music Forum East
- REWIND: Last Week In Review
MORE INDUSTRY NEWS:
The RIAA and Last.fm both deny rumors that the web broadcaster turned over user data after last week's U2 leak. (ars) The new album had also been accidentally posted for sale prematurely by the UMG-operated getmusic.com.au.- Touch and Go's cutbacks leave independent music labels reeling. Owners say they will have to scale back operations to survive; others unsure if they will be able to make it. (Chicago Tribune) Almost every indie I talk to is scared to death. If a label with a catalog like Touch & Go can't make it, how can they?
- !K7 label group has inked a deal moving all its labels to RED. (Billboard)
- The new head of EMI is calling measures to end illegal downloading. (Times UK) Can someone please bring this guy up to speed?
- Because Group, an Australian company led by music industry veterans, is creating a system that enables labels to sell downloads on artists web sites and across a broader selection of retailers. (Courier Mail)
- More newspapers file for bankruptcy protection in New Haven, CT and Philadelphia. (FT)
- Live Nation will release fourth quarter and full year 2008 financial results after market hours on March 2nd.
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