New Music Industry Briefing For Tuesday June 27, 2006
UK consumers will be able to buy songs instantly as they listen to them on digital radio using a new download service. A direct-to-cell component will be added before the end of the year. (Reuters)
– Shares of Sirius and XM Satellite Radio jumped Monday after Sirius’s CEO was 
quoted as saying that he’d be interested in buying his larger competitor. (AP)
– PricewaterhouseCoopers is bullish on the entertainment and media sector in a new report. Asia is the fastest growing market. Thee US still the largest but also the slowest growing region. (PricewaterhouseCoopers)
– Download distributor Digital Music Group has acquired the Chancellor Records catalog of more than 2,000 tracks. Founded in the 1957 the label fueled the teen idol revolution in the late 1950s and ’60s with such artists as Fabian, Frankie Avalon and 
– Users find a major defect in the iPod shuffle. (PC World)
R.I.P. – Uber-producer Arif Martin (Aretha Franklin, Bee Gees, Nora Jones). (more)
