Monday’s Music Briefing: Baidu, Nashville, Shockhound & More
HYEPBOT FEATURES:
- Rhapsody Bets $50M On An All MP3 Store & Analysis
- Where Have All The Good Managers Gone?
- EMI Claims It’s Profitable After Cuts
- U2 Defends Radiohead In A Letter to NME
- Last Week’s Music 2.0 Week In Review
> The major labels may be suing Chinese ISP Baidu but 3 large local labels are partnering with it for a new music service. (Variety Asia)
> A good series on the new realities of the music industry in Nashville. (Tennessean)
> AIDS non-profit RED is set to launch a $5 three song monthly music subscription with exclusive content from super-stars like Bono, Bob Dylan, Elton John and Elvis Costello. Half goes to the charity and half to the artists and labels. (NY Times)
> Vodaphone makes a deal to add its music events broadcast on MySpace. (Reuters)
> Shockhound is a new download store run by youth clothing chain Hot Topic that sells more than just downloads. (NY Times) Indie music stores have taken the more than music approach with great success in recent years. More download stores could differentiate themselves and boost profits by following Shockhound’s lead. Amazon, which already carries many related items in other stores should test this concept ASAP.
> An essay "How We Listen" on how downloads, Ipods and large music collections are changing listening habits and the music industry. (DigitalAudioInsider)
