May 10, 2006

Loudeye reported its first quarter results yesterday. Bottom line: A loss of $4.6 million on revenues of $8.4 million. Last year the company lost $7.4 million on revenues of $5.2 million. (PR Newswire)

• Mobile executives discuss mobile file sharing at the WINMEC Forum 2006 in Los Angeles. (Digital Music News)

• And yet another example of big league marketing that will prevent the major labels from ceding their entire market share to a sea of mid-level and long tail indie albums: Island Def Jam's FeFe Dobson and St Martin Press's Sarah Mitchell will take part in a cross promotion parnership. Dobson's album Sunday Love will be out June 20th. (NY Post)

• Koch Distribution has signed an exclusive deal with Good Charamel Records, which is owned by Goo Goo Dolls bass player Robby Takac. The first release will be the "Music is Hope" benefit compilation that has tracks by Good Charamal bands Last Conservative and the Juliet Dagger as well as unreleased tracks by Goo Goo Dolls and Ani Difranco.

• Warner Music Group and South Korea's SK Telecom have announced a joint venture called WS Entertainment. (Press release)

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Posted by Glenn at 8:52 AM | | | Earnings Releases