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How Much Does It Cost to Run iTunes? Hint: It's Big.
Like anyone in the record and music industries, you've probably wondered to yourself how much it costs to run iTunes. Well, you're not alone. According to the app developer and industry analysis site Asymco, iTunes is approaching an overhead of nearly $1 billion a year. At present, their monthly operating costs are estimated to be around ...
Universal Music Group Spends $840,000 in Just Three Months on Lobbying
Universal Music spent $840,000 in Q2 to lobby the US federal government, according to documents filed on July 20th. UMG lobbyists focuced their efforts on Congress, the Office of Management and Budget, the FCC and other government agencies to fight piracy and a push to require broadcast radio to pay performance royalties. In the same quarter ...
Top Ten Government Mandates Needed to Save the Record and Music Industries from Ultimate Ruin
Whether or not you agree with U2 manager Paul McGuinness's analysis on how to save the music industry might be beside the point, but it does serve as an opening into the discussion of if we really need to “protect" it in the first place. If you're in radio, the current plan seems to be to ...
Is the Sky Falling on the Record Industry?
Legal scholar Mark Lemley has published an insightful draft paper titled, “Is the Sky Falling on the Content Industries?“ In it, he documents the history of content industries crying foul every time a new technology disrupts their current business model. His quote, as it turns out, juxtaposes rather nicely with one of Greg Kot's: Greg Kot: ...
