Wednesday Morning Business Notes, Links
Rock band Keane (Interscope) has postponed its fall North American tour while its singer undergoes rehab. (Billboard.com)
A vote for "flexible and variable pricing" from the chairman of Viacom and CBS, Sumner Redstone. (Digital Music News)
RED Distribution has added two labels: Uprising, formerly with Koch, and I Surrender. (Billboard.biz)
Since YouTube is always in the music press lately, here's one for you: Sony Corp placed its bet on the future of the Internet by purchasing Grouper, a website that hosts user-generated videos, for $65 million. Question: Will the company find a way to fold that into its overall strategy that could benefit its hardware and media divisions? (NY Times, via 12F)
You don't know what you're missing, Los Angeles: In the spring survey, country music extended its streak as king of the top Arbitron markets. Spanish formats had the biggest gain. (Radio Ink)
Something for you long tail nuts: A transcript of a Bandwidth Conference panel featuring "The Long Tail" author Chris Anderson and folks from Yahoo! Music and Rhapsody. (37signals, via Digital Audio Insider)
Something for you Leslie Gore nuts: Digital Rights Agency has inked a deal with K-tel International to digitally distribute its songs worldwide. (Press Release)
Worth reading: A thread on Ryko's recent conference in New Orleans and ADA's turnkey digital distribution solution the company will implement. (The Velvet Rope)
Music Groups
