New Music Business Week In Review

>>> Universal Music reported small revenue gains.

>>> Jason Flom, the head of the new Capitol Music Group
has appointed Lee Trink as President and Jeff Kempler as COO.  The
Capitol Music Group was formed last
week by the merger of EMI Music’s Capitol and Virgin labels in the US.

>>> A 16 year old is suing the major labels and RIAA for collusion and "a wide-ranging conspiracy to defraud the courts of the United
States."

>>> Norah Jones’ new third CD has become the hottest selling pre-order in Amazon.com’s history.

>>> Talks between YouTube and some larger Indie labels and their new trade group have faltered leading to cease and desist orders from some of the labels.