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Chart: How Amazon Can Afford to Lose Money Selling Music Plus Why Facebook and Google Won't
(UPDATE 2) Amazon offers some great deals on music downloads, often selling hit albums for $3.99—$5.00. Sometimes the labels participate with lower wholesale pricing, but often Amazon sells downloads at a loss. Loss leaders are common, but how can Amazon afford to lose money so consistently, and why are Facebook or Google with its pending music ...
As Google, Apple Hesitate, RealNetworks Demos Unifi Cloud Music and Media Service at CES
Yesterday at CES, RealNetworks demoed Unifi, a new music and media cloud service which its says can serve as a complete library of all the media a users owns, accessible from any internet-connected device. Real says Unifi will be available early this year. But how did Real beat Google and Apple cloud music services to market? Apparently ...
Top 6 Missing Features from Thumbplay Music
In past month, I've had the pleasure of using Thumbplay Music. I had recently bought myself an iPod Touch and wanted to experiment with a cloud-based music service. It's been a pretty good experience. I've mostly used the mobile app and have only dabbled in the desktop player. But, I wanted to highlight six of the ...
Digital Only Label X5 Music Gets $9 Million Venture Funding for U.S. Expansion
Who says venture capitalists don't love music? In the last few days alone, RootMusic received $2.3 million to help musicians build better Facebook pages and trueAnthem grabbed $2.9 million to take yet another stab at the unproven ad supported music market. Now Swedish digital-only record label X5 Music has landed $9.09 million USD from Northzone Ventures, who ...
2000-2010: RIAA Spends +$90 Million on Lobbying
Since 2000, the RIAA has spent over $90 million in government lobbying efforts in the U.S. alone. In 2000, the record industry spent a mere $4 million, in attempt to shape the public opinion of file-sharing. By 2009, that figure rose to $17.5 million. The motion picture industry spent less than half of what the record ...
SoundCloud Embeds Content ID Technology
SoundCloud has collaborated with Audible Magic, a digital media identification and copyright tracking service provider. This technology will be used to help identify the ownership rights of artists, record labels, and other music copyright owners. It will also give rights holders more control over how they make their content available and ensure creators can share work ...
Future to Come: Pandora in Hand, Pandora in Car
50% of radio listening happens in the car. In order for Pandora to be in all the places that their users go, they need to find their way into the car. At CES this week, Pandora announced partnerships with Toyota and BMW that would place them one step closer to musical domination. Having personalized content in the ...
Buy One, Give One Free: What Artists Can Learn from Social Entrepreneurship
Over at Music Think Tank, George Howard makes the case that the record industry has yet to find a way to reward fans for sharing music. In many instances, our human nature is to share the music we love with others. We've yet to incentivize this exchange in any way. Instead, the record industry has condemned ...
Scamtunes, I Mean, Zaptunes is Back... Rebranding Itself as a Music Social Network
ZapTunes, the despised music service, is being reborn as a social network. They're no longer offering free music downloads. This announcement is at odds with their previous press release that claimed they would be back “stronger, cheaper, and unlimited forever." That effort obviously failed. Not that this hurts their creditability, seeing as they didn't any to ...
Spotify: "URL Will Become Universal Music Format."
Spotify's Jonathan Forster thinks 2011 will bring us one-step closer to this. The URL becoming the new universal format for music. We won't send out MP3s or links to YouTube videos, the URL itself will be the primary way that fans are exposed to music. You click it and music plays—not for thirty or ninety seconds, ...
