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Youtube Turning into Major Label Revenue Stream
Source:
HypeBot
Recent surveys have shown YouTube's growing influence as a place for music discovery, but now its becoming a significant source of revenue as well. No one is releasing hard numbers, but at least one major label, Universal, admits that payments from YouTube now measure in the “tens of millions of dollars" and will top $100 million for the year.
“(YouTube) is not like radio, where it's just promotional," Rio Caraeff, EVP of Universal Music Group's eLabs told cNet. “It's a ...
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$7m From Gates Foundation for Library Broadband
Source:
PC Magazine
The Bill and Melinda Gates Foundation have awarded nearly $7 million to two non-profit groups in an effort to improve broadband Internet access in public libraries. The foundation will donate $6.1 million to Connected Nation, a non-profit Internet advocacy group, and about $852,000 to the American Library Association's (ALA) Office for Information Technology Policy (OITP). The project will support improved Internet connections at libraries in Arkansas, California, Kansas, Massachusetts, New York, Texas, and Virginia. Each state will have to submit ...
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Indie Labels Unite to Fight New York Download Tax
Source:
HypeBot
The president of indie label trade group The American Association For Independent Music (A2IM) issued this statement today arguing against New York state's proposed tax on digital music sales:
“The A2IM board and members of our community are very concerned about the effect this tax would have on all members of the music community. While A2IM understands the need to shrink the state's budget deficit during this time of economic recession we feel taxing the music industry is ...
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RIAA to Stop Suing Music Fans, Cut Them off Instead
Source:
All About Jazz
After suing more than 35,000 people for illegally sharing music since 2003, the RIAA has reached agreements with several ISPs to cut off subscribers' internet connections if they ignore warnings to stop, Wired.com has confirmed. The RIAA is planning to replace its “subpoena, settle or sue" process that has been expensive for the music industry. It requires the RIAA to go through the courts in order to pressure those it suspects of sharing music without permission. Instead, RIAA agents will ...
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Help Me Build a Ticket Stimulus Package
Source:
HypeBot
HELP! As many of you know, in addition to writing Hypebot and consulting, I also help run boutique booking agency Skyline Music. Despite some press reports to the contrary, live music is being effected by the global economic downturn just like the rest of the music industry. We're hearing daily from artists and promoters that ticket sales are down even for many established artists, and most expect things to get worse.
To help fight soft sales, my Skyline associates and ...
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Where in the World is Steve Jobs
Source:
All About Jazz
Steve Jobs' absence from the public eye is prompting questions about the Apple CEO's status, management effectiveness and health.So far, the company has done little to provide substantive answers to those questions.
The mystery behind the lack of a Stevenote is leading some to speculate that Apple is getting ready to dethrone him, that Jobs has lost some of his typically ironclad control or that his health is failing. “The company can be a little more open about what's happening ...
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4 Dirty Little Secrets of Music 2.0
Source:
HypeBot
Sorry to tell you this, but...
BIG CHECK BOOKS STILL TRUMP BIG IDEAS - Just ask any music start-up. You'd think that the major labels would embrace every great idea they could find to help save their struggling businesses. Nope. Labels are inundated with so many “great ideas" and are so desperate to help their bottom lines, that the only ideas they take seriously are attached to fat checkbooks. EVERY TIME MUSIC IS LICENSED TO AN AD SUPPORTED MUSIC 2.0 ...Continue Reading...
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