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April 22, 2008

• Sony BMG has signed up for Nokia's Comes With Music service. (Reuters)

• Nokia was not specific, but it denied paying Universal Music Group $35 for every handset that is part of the Comes With Music service. "We are not paying that amount to any record label," said a spokesperson. (paidContent)

• The International Association of Jazz Education has canceled its 2009 conference and will file for bankruptcy. (All About Jazz)

• EMI's restructuring is reportedly facing contractual obstacles: "issues concerning 'key man' clauses in artists' contracts; clauses in executive contracts that allow top staffers to leave if their responsibilities change or the company comes under new ownership or management; and challenges meeting deadlines by certain sectors of the company." An EMI representative denied all three. (Billboard)

• Current American Idol contestant David Cook does not yet have a major label deal, yet his self-released 2006 album rose to the #1 spot on Amazon.com MP3 store's album chart. As of last night, 87 customers had reviewed the album and 82 had given it five stars. (USA Today)

• EMI Christian will release twenty titles that each contain two albums by the same artist. The CD packages will list for $13.99. (Press release)

• SpiralFrog appointed former Maverick Recordings exec Russ Reiger to the new position of VP of strategic initiatives. (Press release)

• Widget-based music service Sonific will close its doors on May 1. In a message on the company's site, co-founder Gerd Leonhard blamed an "unworkable music licensing situation and the resulting lack of solid revenue modeling" and called the music industry "certifiably dysfunctional." (Sonific, via Billboard.biz)

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Posted by Glenn at 8:44 AM | | | Nokia | Sony BMG