January 17, 2008

• According to a new report from Research and Markets, streaming music and video advertising grew 40% to 1.38 billion last year while Internet radio advertising rose 60% to $66.4 billion. (Radio Ink)

• Rumblings of another high-profile band that is ready to jump ship from EMI: Universal Music Group has won the rights to a one-off live album by the Rolling Stones, and the band's five-year contract with EMI is up this May. Losing the Stones may not hurt revenue, but it will carry with it the kind of symbolism that has made Radiohead the talk of the town. (The Times Online)

• Wolfgang's Vault has acquired a majority share in Iowa-based Daytrotter, an ad-supported site that offers free downloads of live recordings of bands that visit that Daytrotter studios. (Des Moines Resister)

• Showing that retailers can indeed adapt, HMV posted its best five-week Christmas period in five years. (Forbes.com)

• M:Metrics has released some statistics on mobile music for a handful of European countries and the U.S. Sample stat: 5.3% of Americans have listened to music on a mobile phone, compared to 19% in the UK and 20% in Spain. (Press release)

• Social/Internet radio site Jango just passed one million listeners and attracted 423,000 visitors last month. (Profy)

• In a perspective piece at News.com, Mashboxx founder Wayne Rosso warns the music industry will face more bad news. "The big problem that EMI, and by extension the rest of the industry, faces is the sudden stampede of brand-name artists away from the traditional recording companies." (News.com)

• More on Mashboxx: Russo has threatened to sue "anyone who comes near" the company's patent for combining file-sharing with contextual ads and expressed a desire to sue Limewire. (Afterdawn)

• Fontana Distribution has inked an exclusive deal with Eagle Rock. (Billboard.biz)

AddThis Social Bookmark Button
Posted by Glenn at 7:27 AM | |