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Hypebot’s New Music Industry Briefing For Tuesday May 2, 2006

Ipod_24– Annual shipments of portable music players will more than double to 286 million by 2010 an new report says.  (TechWeb)

– As rumored Apple has renewed contracts with the four major labels to continue to sell songs through iTunes at 99 cents. The agreements which came after months of public wrangling  were a defeat for the majors who had been pushing for a variable pricing model. (Financial Times)

– The MusExpo conference continues through tomorrow in Los Angeles with a surprisingly small amount of coverage in the press and on blogs.  Some coverage at Digital Music News.

Festival_5– While the music press goes on and on about Coachella and Bonnaroo, 600,000 will gather in August on South Dakota for Sturgis Bike Week including a rock fest that shows just how diverse even adult tastes have become.  Headliners announced include rockers The Black Crowes and Sammy Hagar alongside country’s Keith Urban and Big & Rich. (Reuters/Billboard)

– MobiBlu mp3 players will now come pre-loaded with podcast software. (TechWeb)

Starbucks signs with the William Morris Agency to persue more cross-promotions with films, books, and movies.

American Idol will begin offering single song and video downloads of individual performances from the show’s web site. (Variety) Somehow we’ll bet the performer isn;t sharing in the royalties.

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