AmieStreet.com Announces Series A Financing Led By Amazon.com
,----[ Quote ]
| Anyone can upload their music to AmieStreet.com, and all songs are
| downloadable in DRM-free mp3 format.
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http://money.cnn.com/news/newsfeeds/articles/prnewswire/NYM01106082007-1.htm
Losses widen at Warner
,----[ Quote ]
| Big-selling albums by Linkin Park and the White Stripes were not enough to
| prevent widening losses at Warner Music, which suffered a drop in income as
| fans shifted from compact discs to digital downloads.
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http://business.guardian.co.uk/story/0,,2143551,00.html
many artists already give away their work for free. Distribution has become
cheap.
Big Media God has attacked Prince (see below) for making his music free, it
attacks P2P, uses extortion against Web radio, and tries to sue sites like
YouTube out of business/service.
It's the Microsoft of media, trying to change "free".
Related:
EMI pays price for not moving with the times
,----[ Quote ]
| In regards to EMI's recent joint venture with iTunes which offers DRM-free
| downloads the group found that "early revenue indications for this initiative
| are encouraging," according to breitbart.com.
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http://www.theinquirer.net/default.aspx?article=41511
EMI has DRM free sales boom
,----[ Quote ]
| Since EMI ditched the DRM on iTunes it has seen sales of Pink Floyd's Dark
| Side of the Moon increase by between 272 and 350 percent.
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http://www.theinquirer.net/default.aspx?article=40443
Music industry attacks Sunday newspaper's free Prince CD
.----[ Quote ]
| The eagerly awaited new album by Prince is being launched as a free
| CD with a national Sunday newspaper in a move that has drawn
| widespread criticism from music retailers.
|
| The Mail on Sunday revealed yesterday that the 10-track Planet
| Earth CD will be available with an "imminent" edition, making it
| the first place in the world to get the album. Planet Earth will go
| on sale on July 24.
|
| "It's all about giving music for the masses and he believes in
| spreading the music he produces to as many people as possible,"
| said Mail on Sunday managing director Stephen Miron. "This is the
| biggest innovation in newspaper promotions in recent times."
|
| The paper, which sells more than 2m copies a week, will be ramping
| up its print run in anticipation of a huge spike in circulation but
| would not reveal how much the deal with Prince would cost.
|
| One music store executive described the plan as "madness" while
| others said it was a huge insult to an industry battling fierce
| competition from supermarkets and online stores. Prince's label has
| cut its ties with the album in the UK to try to appease music
| stores.
|
| The Entertainment Retailers Association said the giveaway "beggars
| belief". "It would be an insult to all those record stores who have
| supported Prince throughout his career," ERA co-chairman Paul Quirk
| told a music conference. "It would be yet another example of the
| damaging covermount culture which is destroying any perception of
| value around recorded music.
|
| "The Artist Formerly Known as Prince should know that with
| behaviour like this he will soon be the Artist Formerly Available
| in Record Stores. And I say that to all the other artists who may
| be tempted to dally with the Mail on Sunday."
|
| High street music giant HMV was similarly scathing about the plans.
| Speaking before rumours of a giveaway were confirmed, HMV chief
| executive Simon Fox said: "I think it would be absolutely nuts. I
| can't believe the music industry would do it to itself. I simply
| can't believe it would happen; it would be absolute madness."
|
| Prince, whose Purple Rain sold more than 11m copies, also plans to
| give away a free copy of his latest album with tickets for his
| forthcoming concerts in London. The singer had signed a global deal
| for the promotion and distribution of Planet Earth in partnership
| with Columbia Records, a division of music company Sony BMG. A
| spokesman for the group said last night that the UK arm of Sony BMG
| had withdrawn from Prince's global deal and would not distribute
| the album to UK stores.
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http://business.guardian.co.uk/story/0,,2114557,00.html
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