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MusicTank endeavours to maintain a comprehensive library of industry news. Some links may require subscription to be read in their entirety. MusicTank is not liable for the content of external links.
Dec 05, 2010
No Profit For Spotify
Despite several hundred thousand premium subscribers, the popular music streaming service Spotify still isn’t turning a profit, according to Paul Brown, a spokesman for the site. If Apple enters the streaming market it could 'wipe Spotify off the map'
Jan 06, 2010
Google's New Phone To Protect Mobile Advertising Base
Google has said it is defending its online advertising empire with the launch of its own brand mobile phone.
Jan 06, 2010
Nielsen: Consumers Will Pay For Online Content. But Not All Of It.
The issue of charging for online content is coming to head as companies watch their advertising revenues dip and costs rise. But a new survey from Nielsen provides new hope for content providers looking to monetize in the new economy: consumers are willing to pay for content. But the value of that content differs across media and location.
Jan 05, 2010
Songbird Lands Deal With Philips, To Come Bundled With Millions Of Portable MP3 Players
The open source media player that’s increasingly positioning itself as an alternative to Apple’s iTunes has forged a deal with global electronics maker Philips.
Jan 05, 2010
Is Melodeo The Next To Be Sold?
The digital music shopping spree shows no signs of slowing down with chatter now bubbling about a potential acquisition of Melodeo, a developer of music-based applications for the iPhone which today introduced a new music recommendation app called Effin Genius.
Jan 05, 2010
Kids Prefer Physical To Digital Content
Children overwhelmingly prefer to consume entertainment via physical format, including DVD, compared to digital, according to a new report from The NPD Group. “Since parents are the first touch point for children this age, it is important for companies to develop marketing strategies that reach parents as well as kids", says NPD analyst.
Jan 04, 2010
As In UK, French Three Strikes May Be Delayed To After Elections
Looks like another stay of execution for illegal file sharers in France. The “three-strikes” anti-piracy law approved by the French senate last October, and due to to come into effect this month, is being put on pause by the government’s main agency overseeing the use of personal data and online privacy, the Commission Nationale de l’Informatique et des Libertés (CNIL). Now some believe the laws are unlikely to be put into action until April. This means that further action on Hadopi may be postponed until after the next lot of regional elections in France. This mirrors U.K.‘s own three-strikes Digital Economy Bill, which enters the Committee stage in the House of Lords on 6 January, and is unlikely to be passed through parliament before the next general election.
Jan 04, 2010
HMV Closer To Buying Mama After Rival Suitor Abandons Bid
HMV moved a step closer to getting its hands on the Mama group of live venues after a rival bidder left the way clear for the retailer's takeover offer. SMS Finance, the largest shareholder in Mama with a 29.8% stake, had improved an initial offer to £38.4m last month but the offer lapsed without getting support. f successful, the proposed buyout of Mama, already HMV's joint-venture partner on a number of venues, will give the books-to-music retailer a bigger slice of the thriving live events market and build on its strategy to capture more of consumers' entertainment budgets.
Jan 04, 2010
Google Challenges iPhone With Launch Of Nexus One Mobile
Google is expected to launch its hotly-anticipated new mobile phone today (05.01.10) in its most direct challenge yet to Apple's hugely popular iPhone.
Jan 04, 2010
Google And Spotify Dance Over U.S. Launch
Spotify's US launch has been delayed over aggressive negotiations with the labels over the price users will pay in the U.S. Spotify insists on free, the labels want to move away from that model entirely. It appears that Google want Spotify badly enough that they are willing to cover the label costs for every user of $3 – $4 per month. Spotify would add advertising on top of it, as they do with the free version in Europe, to make additional revenue. Without Google paying those label fees there was no way Spotify could handle the costs of the user flow that 2.1 would provide - currently, European users must pay for Spotify Premium to use the mobile versions of the service.
