Wednesday Business Links
Album sales dropped 3% last week and were 14% lower than the same week last year. For the year, album sales are down 14%. Last week's #1 album was a debut, UGK's Underground Kingz (Jive). With sales of 160,000 units, it was the only album to break the 100,000 mark. Digital track sales were flat last week and were 45% higher than the same week last year. For the year, digital track sales are up 48%.
Everyone is always looking for a sign that the Beatles' catalog will be released digitally, and we're getting warmer. John Lennon's solo catalog -- sixteen albums -- is now available at iTunes. (Sydney Morning Herald)
A year-long EMI marketing project will be handled by Saatchi & Saatchi. Well, music is marketing. (AdWeek.com)
Sirius Satellite Radio inked a deal with Sonos that will allow subscribers to stream Sirius at home through Sonos' home music systems. A 30-day trial will cost subscribers an additional $2.99. Only 80 Sirius channels are available, and the home streaming service will be available only to U.S. subscribers. (Hollywood Reporter)
Here's an idea: An underage music festival held in the London. The Underage Festival was open for people aged 14 to 19 and hosted 37 bands on four stages. "Corporate sponsors have been quick to embrace the trend, and all the hard parts — staging, logistics, security — have been arranged and paid for by the likes of MySpace, Converse and BBC's Radio1. Seizing the moment, UK indie music company Mute Records has also launched a label, Irregulars, pitching new, young talent at a new, young market, with (event organizer Sam) Killcoyne on board as a talent-spotter." (Time)
Hal Hassel is moving from CMT.com to VP, Consumer Marketing at echomusic. (Music Row)
Music bloggers, here's a topic for conversation: Spoon's Ga Ga Ga (Merge) came out the same week as Interpol's Our Love To Admire (Capitol). Currently Spoon sits at #68 and has sales of 100,000 in five weeks. Interpol is at #85 -- and dropping -- and has sold 129,000. Spoon is on an indie, Interpol is on a major. If nothing else, this makes for a good addition to the "indie or major?" debate.
Jeff Leeds has an article on very overlooked marketing tools: Mobile phones and text messaging. It's not the sexiest medium in the world, but there's money to be made by artists, promoters and artists. (New York Times)
Music Groups