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All-Vinyl Record Store Phono-Mode Now Open
Source:
St. Louis Jazz Notes by Dean Minderman
Should Indie Labels Sue Limewire Too?
Source:
HypeBot
While court challenges are a certainty, last week's victory by the RIAA and the major labels over Limewire was certainly a win for those fighting unauthorized downloading. The next day, one indie label executive emailed me this question
“Should other labels, mostly indie, now go after cash-rich LimeWire and collect on behalf of artists? Leading indie trade group A2IM has been very vocal in it's belief that LimeWire needs to be stopped. Perhaps they could lead the charge. ...
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Spotify Experiments with Two New Services
Source:
HypeBot
The evolution of Spotify continues with two new levels of service - Spotify Unlimited and Spotify Open. Today's additions each offer new approaches to the on-demand music service's two greatest challenges: how to cost effectively attract new users and how to then convert them into paying customers.
Because of strong demand, Spotify has sometimes limited access to its free service to invitation only. Spotify Open offers those without an invite the opportunity to sample the service with a free, ad-supported ...Continue Reading...
The Orchard Reports Revenue Up, Losses Down
Source:
HypeBot
On Friday, digital distributor The Orchard reported financial results for the quarter that ended March 31st. It was the first quarter reported since a round of layoffs and cost reductions.
Revenue increased 16% to $17.8M in the quarter $15.3 million in the first quarter of 2009.
Gross profit margin was 25% compared to 28% in the first quarter of 2009.
Operating expenses dropped to $4.9 million helped from $5.7 million in the corresponding period of 2009.
The ...
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Can the Music Industry Find It's Popcorn?
Source:
HypeBot
In the 1930's and 40's during what we in the U.S. refer to as the Great Depression, movie theaters wanted to find new ways to get patrons to part with their increasingly difficult to earn dollars. The solutions proved to be double features, air conditioning (an idea borrowed from the meat industry) and most successfully popcorn. Not only was popcorn a low cost, high profit item that people loved. And just as importantly, it made then thirsty and willing to ...
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Overheard #narm - "Content is No Longer King"
Source:
HypeBot
From Monday @ NARM:
“Content is no longer king. Access is king! Fans should be able to
listen on phone, PC, iPod...provide them this luxury. and “Everyone in this industry should have a loyalty program...including labels." - Josh
Gertz from Hip Digital
VEVO: “In future, we want to be “Pandora-style. On-demand, constant stream of music videos... We aren't going to try to be all things to all people, because then you end up being nothing ...
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RIAA, Senators Blast Nations Lax on Piracy
Source:
All About Jazz
Canada, China, Mexico, Russia and Spain have been named the “top- priority countries" with inadequate intellectual property enforcement by Sens. Sheldon Whitehouse (D-R.I.) and Orrin Hatch (R-Utah), who co- chair the Intl. Anti-Piracy Caucus, as well as Reps. Adam Schiff (D- Calif.) and Bob Goodlatte (R-Va.).
They were joined Wednesday morning on Capitol Hill by Recording Industry Assn. of America chairman-CEO Mitch Bainwol at a news conference designed to underscore the proliferation of illegal commerce of copyrighted works, which they ...
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Paintings by Picasso, Matisse Stolen in Paris
Source:
Michael Ricci
A lone thief stole five paintings possibly worth hundreds of millions of euros, including major works by Picasso and Matisse, in a brazen overnight heist at a Paris modern art museum, police and prosecutors said Thursday.
The paintings disappeared early Thursday from the Paris Museum of Modern Art, across the Seine River from the Eiffel Tower. Investigators have cordoned off the museum, in one of the French capital's most tourist-frequented neighborhoods. The museum's security system was disabled, and a single ...
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