May 2, 2007

• Hip hop magazine The Source has filed for Chapter 11 bankruptcy. (SOHH)

• The NARM website has a link to NPD Group's PowerPoint presentation at the NARM conference a few days ago. "Digital has created new opportunities for discovery and commerce but it may have a dark side," says slide 30 of the presentation. One result is said to be "over stimulated consumers with less need to buy, or delayed buying." (Consumers and Music Discovery)

• Musician Peter Gabriel is one of the financial backers of ad-supported, DRM-free music service We7. Ads will be put right into the music files. The one song I downloaded had only a brief We7 ad at the beginning. (Digital Media Wire)

• "We are essentially a technophobic business," said Atlantic Records Group's Andy Karp at the Musexpo in Hollywood. Jokester Jason Flom of Capital Music Group put free in perspective. "The whole competing with free thing is tricky, it works well in the water business but it's hard everywhere else." (Digital Music News)

• There have been positive reviews, but when the newspaper with the nation's second-highest circulation talks about the Sansa Connect music player, it's worth taking note. Wrote Katherine Boehret for The Mossberg Solution column, "It forced me to look at my portable player as an evolving, untethered device that introduced me to lots of songs. When it wasn't connected to Wi-Fi, I was disappointed to not be downloading new songs. My iPod suddenly seemed old-fashioned." (Wall Street Journal)

• Sirius Satellite Radio cut its Q1 loss to $144 million from $458 million last year. Revenue grew 61% on revenue of $204 million. (Press release)

• An industry blog to add to your blogroll: TALENTfilter, one of those rare music-related blogs actually written by someone closely involved with the music industry.

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Posted by Glenn at 10:16 AM | | | Legal | Online Stores/Services | Portable Music Players | Weblogs