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Global Music Revenues Dip 7% in 2009; Digital Gains 9.2%
London
- Worldwide recorded music sales fell 7% in 2009 to $17.03 billion, as sales of
physical products like CDs dropped 12.7% globally, according to a...
Third Trial of File-Swapper Jammie Thomas Set for Nov. 2
Minneapolis, Minn. - The third trial of convicted
file-swapper Jammie Thomas-Rassett -- this case will challenge the
constitutionality of the damages award -- wil begin in...
Ticketing Exchange Platform Lyte Adds $15M In Funding
Hypebot reports: "San Francisco based ticket exchange platform Lyte has secured $15 million in Series A financing to drive the development of the platform...
Universal Music, German Banks Offer Download Credit Cards
Berlin
- Universal Music has partnered with the German Savings Bank Association on a
loyalty rewards credit card service that, for between $16 and $27 per...
MySpace, PRS for Music Ink Promotional Partnership
London - U.K. performing
rights organization PRS for Music on Monday announced a marketing partnership
with News Corp.'s (NYSE: NWS) MySpace online social network. Under the terms,...
Why Holding an Album Until Touring Resumes May Be a ‘Bad...
Billboard reports: "As 2021 looks more likely for live music to safely return, agents argue that releasing music -- and finding new avenues for...
Could Epidemic Sound Really Be Worth More Than $1bn?
Music Business Worldwide reports: "Epidemic Sound, the controversial Stockholm-headquartered production music house, is reportedly considering an IPO or sale at a company valuation of...
Amazon makes its music streaming service free with ads
TechCrunch reports: "Amazon is making its music streaming service free. The company previously offered free, ad-supported streaming only to customers who owned an Amazon...
Warner Music India Launches, Headed By Former Sony Exec Jay Mehta
Billboard reports: "Warner Music Group is continuing its global expansion with the launch of a new affiliate in India."
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Spotify’s officially separating podcasts and music in premium users’ libraries
The Verge: "After at least a month of testing, Spotify is rolling out an updated library look for its premium users that will separate podcasts and...