April 21, 2006

• Anaylists react to EMI's positive earnings announcement yesterday. Citigroup lifted its target price today. (newratings.com) The stock rose 8% yesterday. (The Independent)

• There is one growth market other than digital music, and that's Latin music. The RIAA announced yesterday the majors' shipments of Latin music CDs rose 13% last year. Almost half of those shipments were of regional Mexican and Tejano music. (AP)

• David Lee Roth's radio show will be put out of its misery in the next few weeks. (Billboard.com)

• Spitzer did the dirty work and created the public uproar, now the FCC comes in to the sound of trumpets and tubas. FCC Commissioner Jonathan Adelstein officially announced the formal phase of a payola investigation. Letters of inquiry were sent to Clear Channel, Entercom Communications and Citadel Broadcasting. (Washington Times)

FreshTracksMusic.com is a new online music store that offers all-you-can-eat downloading for the bargain price of $4.95. Digital Music News gave it a little review. What it didn't mention is that the artists available on the site are as close to unknown as you're going to get. I browsed around the site for a few minutes and didn't recognize a single artist's name. Not one. (Digital Music News)

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Posted by Glenn at 8:55 AM | | | EMI | Online Stores/Services | Radio