Music

Music Social Net Imeem Gets More From Sequoia - 0 Comments
Posted By Joseph Weisenthal - Tue 15 Apr 2008 01:10 PM PST

Imeem, the music-based social net, has taken an unspecified follow-on investment from Sequoia Capital, according to Tech Confidential. Details are scant, and it’s not known whether past backer Morgenthaler Ventures…

UK Music Biz Would Rather Tax iPods Than Legitimize Format Shifting - 0 Comments
Posted By Robert Andrews - Tue 15 Apr 2008 08:26 AM PST

The British record industry has challenged a UK government proposal that would legalize “format shifting” from CD to gadgets like iPods - and instead demanded portable music device makers pay…

EU Parliament Warns Against ISP Monitoring In Music Piracy Fight - 0 Comments
Posted By Robert Andrews - Fri 11 Apr 2008 02:48 AM PST

This could put the cat amongst the pigeons. European Parliament members have voted in favour of outlawing the kind of ISP disconnection policy the French government introduced to fight illegal…

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Last.fm’s Free Music ‘Boosts Sales’; Unlimited Services ‘To Kick In By 2012’ - 3 Comments
Posted By Robert Andrews - Wed 09 Apr 2008 09:21 AM PST

Last.fm claims its 12-week-old free, full-track music streams have resulted in 119 percent more CD and download sales through its Amazon.com (NSDQ: AMZN) click-through partnership. Some of that is attributable…

Wal-Mart Going Hardline on DRM-Free Online Music Store; SonyBMG and WMG Holdouts - 0 Comments
Posted By Rafat Ali - Tue 08 Apr 2008 10:41 PM PST

Wal-Mart (NYSE: WMT), whose online music efforts haven’t exactly caught fire among consumers, is now trying a hardline stance on MP3 downloads, ditching Windows DRM-laden downloads that it used to…

Sellaband Scores $5 Million For Fan-Funded Music Community - 0 Comments
Posted By Robert Andrews - Tue 08 Apr 2008 11:58 AM PST

Fan-funded musician site Sellaband has scored $5 million funding from Prime Technology Ventures to embark on a US roll-out. CEO Johan Vosmeijer of the Amsterdam-based outfit, which lets visitors buy…

Music Community mTraks Raises $550k From Angels - 0 Comments
Posted By Joseph Weisenthal - Mon 07 Apr 2008 03:10 PM PST

mTraks, a music community and marketplace, has raised another $550,000 from unidentified angel investors. The San Diego-based company raised the same amount last year, for a total raise of $1.1…

Social Net Imeem Buys Struggling Music Service Snocap - 2 Comments
Posted By Rafat Ali - Mon 07 Apr 2008 07:48 AM PST

As had been rumored for a while, music-based social networking service Imeem has finally bought the assets of trouble digital music services firm Snocap. Terms of the deal were not…

Record Labels Seek $9 Million From Baidu, $7.5 Million From Sohu For Piracy Charges - 0 Comments
Posted By David Kaplan - Mon 07 Apr 2008 07:00 AM PST

Now that the Beijing Intermediate People’s Court has accepted the copyright infringement suits brought by the International Federation of the Phonographic Industry, which represents the major record labels, the amounts…

Music Labels’ Openness on Deals Comes At a Price - 0 Comments
Posted By Rafat Ali - Sun 06 Apr 2008 01:38 PM PST

A known secret of the music industry: the labels, though becoming open to new business models from startups, are asking for a hefty upfront advances for licensing music and in…

Inside The Deals: MySpace Music JV Has One Thing In Its Favor—Authority - 0 Comments
Posted By Steve Rosenbush - Fri 04 Apr 2008 04:41 PM PST

When it comes to management, joint ventures such as the MySpace Music initiative unveiled on Thursday pose significant challenges. Getting competing interests to cooperate can be like imposing orders on…

OurStage Raises $13 Million In Angel Money For Music Site - 0 Comments
Posted By Joseph Weisenthal - Thu 03 Apr 2008 02:39 PM PST

OurStage, a startup that likens itself to an online version of American Idol, has raised over $13 million from over 100 angels, according to a Tech Confidential piece examining the…

Apple Surpasses Wal-Mart As Number One U.S. Music Seller - 1 Comment
Posted By David Kaplan - Thu 03 Apr 2008 02:24 PM PST

Less than two months after edging out Best Buy and Target for the number two spot, Apple (NSDQ: AAPL) says it has now passed Wal-Mart (NYSE: WMT) as the number…

Interview: Chris De Wolfe: CEO, MySpace: No Third-Party Distribution Partners - 3 Comments
Posted By Rafat Ali - Thu 03 Apr 2008 11:25 AM PST

I spoke to Chris De Wolfe, the CEO of MySpace, on the JV announced today, and the rationale for forming a separate company on it, instead of being part of…

Live: MySpace Music Call: DRM-free Downloads, International Plans And More - 1 Comment
Posted By Staci D. Kramer - Thu 03 Apr 2008 07:55 AM PST

Waiting for the MySpace Music call to begin ... In the meantime, some details on what is being billed as a “global initiative that will include a 360 music experience”:…

Updated: MySpace Music Deal With Three Labels En Route; Expected Thursday - 2 Comments
Posted By Staci D. Kramer - Wed 02 Apr 2008 03:47 PM PST

MySpace has scheduled a call this morning at 11 a.m. eastern with Chris DeWolfe, co-founder and CEO, MySpace, and Amit Kapur, COO, MySpace. No music execs are listed—and in keeping…

Industry Moves: Yahoo Media Executive Ian Rogers Leaving; New Startup in Music Space - 0 Comments
Posted By Rafat Ali - Wed 02 Apr 2008 11:34 AM PST

Yahoo (NSDQ: YHOO) media group’s executive Ian Rogers, known for his progressive views on DRM-free downloads, is leaving the company. As he describes on his blog, “I’ll be joining founders…

Interview: Douglas Merrill, President, EMI Digital Business: ‘We Need To Question Everything’ - 2 Comments
Posted By Staci D. Kramer - Wed 02 Apr 2008 10:04 AM PST

Just got off the phone with Douglas Merrill, the Google (NSDQ: GOOG) CIO who is leaving what he called “the best CIO job in the world” to join EMI as…

Industry Moves: EMI Appoints Google VP As New Digital President - 0 Comments
Posted By Rafat Ali - Tue 01 Apr 2008 04:01 PM PST

Another high profile Google (NSDQ: GOOG) departure: VP of Engineering Douglas Merrill has left the online giant and joined the embattled music label EMI as its president of its digital…

CBS Radio Getting Closer To Last.fm; Partnership For Streaming - 0 Comments
Posted By Robert Andrews - Tue 01 Apr 2008 08:16 AM PST

CBS (NYSE: CBS) Radio is to begin adding its streams to Last.fm, in the first real integration of the social music site with its new owner since the $280 million…

SpiralFrog Will No Longer Report Financials; Signs Deal With Warner/Chappel - 0 Comments
Posted By Joseph Weisenthal - Mon 31 Mar 2008 08:57 AM PST

Well that was fun while it lasted. SpiralFrog, the ad-supported music start-up, will no longer file financial data with the SEC, reports News.com. It never made much sense to begin…

Danish ISP TDC Bundles Free Unlimited Music With Broadband, Mobile - 0 Comments
Posted By Robert Andrews - Mon 31 Mar 2008 07:44 AM PST

TDC, the former Danish state telco, just started a press conference to unveil a new offering giving broadband and mobile customers unlimited free music - for no extra cost. Though…

Buzznet Acquires Steve Case-Backed Music App Qloud: Report - 0 Comments
Posted By Joseph Weisenthal - Sun 30 Mar 2008 03:58 PM PST

A day after we broke the news on Buzznet’s latest funding and wondered who they’d be buying, Mashable claims, citing sources, that it has bought Qloud, the DC-based social music…

Buzznet Gets Investment From Interscope-Universal Music; Buys Stereogum; Acquisitions Coming? - 4 Comments
Posted By Rafat Ali - Sat 29 Mar 2008 01:34 PM PST

Pop culture-focused social media site Buzznet, based in Los Angeles, has raised a big-ish third round of funding, as much as $25 million, we have learned, and that Universal Music-owned…

London Mixer Multimedia Report: Q&A With Martin Stiksel, Last.fm Co-Founder - 0 Comments
Posted By Robert Andrews - Fri 28 Mar 2008 08:19 AM PST

Ten months after CBS (NYSE: CBS) bought social music engine Last.fm for $280 million, how is the east London-based site fitting in to a US media megacorp? “We are getting…