Thursday Business Links
Britney Spear's new album, Blackout!, is likely to debut at #1 on the album chart with first-week sales of up to 350,000. (Billboard.biz)
At the final public hearing on media ownership, FCC Chairman Kevin Martin said he supports the easing of low-power-FM rules, allowing AM stations to operate on FM translators, reinstating tax breaks to minority investors and requiring that a radio station have a physical staff at all hours of operation. (Radio Ink)
The National Association of Ticket Brokers issued a statement about the Hannah Montana ticket controversy. and pointed the finger at Ticketmaster and its secondary market operation, TicketExchange. The company, insists the brokers group, "actively encourages" consumers to buy and sell tickets on its secondary market exchange. (Ticket News)
The U.K. Nokia Music Store is set to launch today. Users can buy tracks for 80p each ($1.60), buy albums for £10 to £12 ($22 to $24) or stream an unlimited number of songs for £8 ($16) per month. The service downloads tracks to Nokia N81 and N95 8GB mobile phones as well as the user's home PC. (Webuser)
As was previously rumored, the CD version of Radiohead's In Rainbows will be distributed by XL Recordings outside of North America. (Hollywood Reporter)
If you noticed some fancy cars in the video for 50 Cent's "Amusement Park" video, they were part of the marketing deal the rapper inked with General Motors. The Pontiac G8 -- a one-of-a-kind custom -- and G6 GXP were placed in the video to help spotlight new Pontiac models. So add cars to the long list of projects for 50 Cent: Recorded music, concerts, a movie, two autobiographies, Vitamin Water advertisements... (SOHH)
Guitar legend Robert Fripp lambastes EMI over sales of King Crimson downloads after the license period expired. (The Inquirer)
A Q&A with imeem.com's chief executive and chief marketing officer. "We think our direct ad sales from brand sponsorships and our multiple ad network partnerships will be our primary sources of revenue. We’ll also have commerce-related offerings, like digital downloads and ringtones. Right now we are the #1 iTunes affiliate partner." (New York Times' Bits blog)
Music Groups