HMV Buys 50% Stake In 7Digital For $12.6M
The highlights: Retail giant the HMV Group is investing £7.7M ($12.6M USD) in cash to acquire a 50% equity stake in 7digital 7digital will power. Continue reading
Indie Rights Group Merlin Names New Board
Having completed their two-year term, global independent music rights group Merlin's inaugural board will step down and are being replaced with a board that includes some members of the inaugural. Continue reading
REWIND: The New Music Industry’s Week In Review
Exclusive white paper: Bruce Warila on The State Of Music Industry Investing. A secret plan by Ticketmaster, Irving Azoff and some of the countries biggest ticket scaplers dubbed Project Showtime. Continue reading
More Music News Fri. 8/21/09: Slacker Turmoil, We7 vs. Spoitfy, Stopping Leaks, Twitter, Sinatra & More
More turmoil for online music start-pps: Slacker CEO steps down. (WSJ) Teen fashion and music retailer Hot Topic's Q2 loss widens; sees Q3 profit below Street. (Reuters) "Now Downloading The. Continue reading
AmieStreet Adds Sony’s RED To Dynamically Priced Download Offering
AmieStreet has added catalog from Sony's indie distribution arm RED to its dynamically priced offering. Songs will be loaded onto AmieStreet at 15 cents and rise to a maximum of. Continue reading
More Music News For 8/17/09: Digital Sales, Orchard $’s, Qtrax Troubles, Tap Tap, Dylan & More
US digital music sales to eclipse CDs by 2010: If current trends hold, US digital music downloads will rake in more money than physical formats next year. Worldwide, digital will. Continue reading
REWIND: The Music Industry’s Week In Review
10 Major Milestones In Modern Music Marketing. CMX: Yet Another New Digital Album Format Despite all the hype most teens don't use Twitter. A revamped EMI.com adds buy buttons from. Continue reading
RealNetwork’s Rhapsody Cuts 9% Of Staff
Rhapsody, a joint venture of RealNetworks and MTV, layed of 12 people or 9% of the staff of the music subscription service. RealNetworks had already cut 8% of overall staff. Continue reading
Warner Music & 7 Digital Cut Pan-European Deal
European download provider 7 Digital has announced a rare pan-Eurpean licensing with the Warner Music Group to sell mp3's throughout the region. Beginning this month, 7digital stores in France, Belgium,. Continue reading
REWIND: The Music Industry’s Week In Review
Will an Apple "Cocktail" bring new life to the album and the music industry. Exclusive Hypebot Interview: Greg Kot of Ripped: How the Wired Generation Revolutionized Music (Part 1 and. Continue reading