Wednesday Business Links: 62,000 Units Gets You A #1 Album
Taylor Swift sits atop the album chart with a mere 62,000 units moved last week. Total sales for the week were down 7% versus the same week in 2008. (Billboard.biz)
EMI has sued music search site Seeqpod (currently "down for maintenance") and Favtape, a playlist site that uses Seeqpod to find and stream music. Both allow users to stream music, and neither pay royalties. In fact, Seeqpod calls itself "playable search." Yes, it's innovative, but rights holders aren't going to like innovation that skirts the law. (MediaPost)
Day #8 of the Pirate Bay trial. "Per Sundin, CEO of Universal Music in Sweden, said his companies global sales have dropped from 2 billion Swedish kronor (£157m) to 800m kronor (£63m) in recent years. He pointed to the illegal upload of U2's new album and its potential impact on sales." (The Guardian)
What's next for digital music on campus? (eSchool News)
A decent recap of what's going on with mobile music apps. (BusinessWeek.com)
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