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The Week In Review From Digital Music News

  • The biggest news this week came from the trio of AOL, AEG, and XM Satellite Radio. The group announced a joint venture called Network Live, which will seek to license and distribute live concerts across a number of different platforms. The move comes on the heels of an ultra-successful Live 8 presentation by AOL, which set streaming records.
  • Apple also smashed some records, with new earnings and revenue records reported Wednesday. The company quieted concerns about soft iPod demand, with more than 6 million units shifted for the most recent quarter.
  • In other earnings news, EMI posted an improved result for its fiscal year-to-date, powered by recent releases by Coldplay and Gorillaz.
  • In the wireless space, XM expanded its broadcasting spectrum through the purchase of WCS Wireless. That set the satellite leader back $196 million.
  • And earlier this week, the RIAA dropped its case against Charter Communications, opting not to challenge an unfavorable ruling with the Supreme Court. The decision means that the RIAA will continue with John Doe proceedings for future lawsuits against individual file uploaders.

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