Wednesday Morning Business Notes, Links
Soundscan unveils its mastertone sales data this week. Edna Gunderson has an article on a global market that is projected by one firm to gross $6.8 billion by 2010; U.S. sales are projected to be over $600 million in 2006. How are sales right now? Recently, an average of 4.6 million ringtones have been sold per week at an average cost of $2.40. (Read article at USA Today)
Columbia Records has named Michael Caplan as its new Senior VP of A&R. Previously he held the same title for the Sony Music Label Group. (Read article at Hits)
Here comes the video revenue streams (one day): Warner Music International has launched a new video content division called Warner Music Entertainment (Read article at Variety)
House of Blues is considering building a 7,000-seat music venue at the Great America theme park in Santa Clara, CA. The site is adjacent to the site the San Francisco 49ers are considering for a new stadium. (Read article at Inside Bay Area)
Not that it matters much to Americans, but Charlotte Church has parted ways with Sony BMG to concentrate on her TV talk show. Check out her theme song and her infamous cover of "Beat It" with an incapacitated Amy Winehouse. (Read article at Metro)
A report of healthy HD radio sales. (Read article at Radio Ink)
[music jobs] The Beggars Group & Matador Records is seeking a Paralegal

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