Thursday Business Links: Young Jeezy Tops Chart, French Market Slips Further
Rapper Young Jeezy debuted atop the Billboard album chart with sales of The Recession of 260,000 units. Sales for the week were down 5.6% versus the prior week and down 8.2% versus the same week last week. (Billboard.biz)
After a number of retailers broke street date, Vertigo, Metallica's UK label, has moved up the release date of the band's new album. (Music Week)
The French recorded music market dropped 12.2% in wholesale value and 17.1% in retail value in the first half of 2008. The whole drop was 17% in the first half of 2007. Digital sales were up 56.9% in wholesale value. (Billboard.biz)
Germany-based digital media company Finetunes is suing CBS-owned last.fm and claims the music service is using unlicensed songs. Update: According to last.fm, the company has been contacted by Finetunes' lawyers and is cooperating but is not being sued. (PSFK)
A list of the 2008 CMA nominations. (Variety)
Passionato launched a new classical download store today. The site sells 320kbps MP3 files and has a catalog of 18,000 tracks. (This Is London)
San Francisco's Warfield Theater reopens this weekend with AEG-owned, Southern California-based Goldenvoice as the promoter. "It was Anschutz's purchase of the San Francisco Examiner in 2004 that enabled Goldenvoice to get a toehold in the market. The Examiner deal included the Warfield property, so when the lease came up, Live Nation was out and Goldenvoice was in." (Mercury News)
Although his band has come to grips with the Internet's uncontrollable nature, Metallica's James Hetfield said people who download a pirated album and are not even fans have a "personality defect." (USA Today)
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