Hypebot’s New Music Industry Briefing For Wednesday August 9th, 2006
– Sprint is committing to build a nationwide wireless internet service based on WiMax technology in part because the want to tap into "an entirely new market by eventually connecting consumer electronics devices such as video cameras and MP3 players to the Internet for the first time." (WSJ via RAIN)
– Video games music gets the live symphony treatment. (Washington Post)
– Fortune Magazine takes a hard look at major acts taking their recording careers into their won hands including management giant The Firm and that company’s plans to start their own record label. (Fortune)
– Bob Dylan has teamed with iTunes to offer those who pre-order his new release get first crack at his concert tickets. (Billboard)
– Cell maker Nokia has spent $60 million to buy Loudeye whose specialty is aggregating tracks from major and indie labels and offering them to digital storefronts. (Reuters)
– Google to sell MTV video downloads. (newsfactor)