REWIND: The Music Industry’s Week In Review
- Terra Firma and Guy Hands have just days to save EMI from a loan default with Citi.
- MySpace lost $150 million in the last 3 months and new stats offer more proof of it's decline as Facebook & Twitter soar.
- Song marketplace MusikPitch launched amidst some controversy, and by week's end the company had revised it's user agreements.
- The Black Eyed Peas break the digital sales record.
- APPLE: iPad sales top 1 million in just 28 days and
new iAds share iTunes purchase data with
marketers. Plus it could be a long wait for iTunes in the cloud as labels claim multiple use.
- WMG offers mixed results to investors. Digital sales up.
- TuneCore adds charts and shares some impressive sales stats.
- Napster goes social with Facebook, Twitter & more.
- ASCAP 2009 revenues jump $176M to $995M
- Concert simulcasts increase in popularity. The Met tops 2.2M season tickets to broadcasts.
- RealNetworks post-Rhapsody reports small profit from lower revenues.
- YouTube to offer new revenue stream for videos.
- A great new artist checklist from SoundExchange