Hypebot’s New Music Industry Briefing For Thursday May 11, 2006
– Music is an essential part of people’s lives….apparently even when they are pumping gas. A pump that can fuel your car while loading up your portable player with music took the top honors at Microsoft’s Mobile & Embedded DevCon now underway in Las Vegas. (TechWeb)
– Under a new deal more Live Nation concerts an events will be carried via CineMedia’s Digital Content Network, an in-theater digital satellite network that reaches 850 movie theaters and 11,000 screens in 49 of the largest metro areas in the country. (BizJournal)
– According to HITS Emma Banks, a rising star agent at the London-based Helter Skelter booking agency (part of troubled Sanctuary), was spotted last week at CAA; one of the several big agencies wooing her as she spent a few days in L.A.
– MTV Networks has bought Xfire for $1.02 million. This online gaming communication and community platform has 4 million members in more than 100 countries and includes a server browser, IM and file download system which MTV may use in its own community building efforts.
– Digital Music Group Inc posted disappointing results to Wall Street. They also announced their acquisition of the Green Linnet Celtic record label.
– Japan’s top mobile operator NTT DoCoMo will launch a next-generation service allowing phone users to download music videos via a new high speed cell network. (AFP)
