Big Wig
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Album Sales Week of 7/14:
Twista “Category F5” – 45,354 (15% digital)
La Coka Nostra “A Brand You Can Trust” – 5,428 (20% digital)
Krizz Kaliko “Genius” – 5,365
Yukmouth “The West Coast Don” – 1,588
Cunninlynguists “Strange Journey, Vol. 1” – 278
Hell Rell “Hell Up In The Bronx” – 210
Industry News:
• New Piracy Bill working its way through Parliament in France
The bill would threaten internet pirates with a warning letter, and then failing compliance, would see the user’s internet service cut off for 1 month to a a year, and allow for fines and possible jailtime… All eyes are on the French with this one, but in typical fashion, they’re going to wait till their summer vacation is over before weighing in…
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• iLike to Launch Download store
Following the recent trend (I just wrote about imeem opening their own digital download store a couple of weeks ago), the #1 digital music provider for Facebook is seeking to cut out the middleman (iTunes and Amazon) and turn some of their traffic into profit, by selling digital music direct to consumers/users.
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Surprised?
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• GE Profit slides 47% primarily due to lower ad revenue at NBC
Thought the recession was over?
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• Video Game Sales drop 31% in June
Sorry… it’s still rough out here. Combined sales of consoles and games take their worst single month decline since 2000
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• Kazaa to relaunch as paid subscription site $20 / month
For $20 a month, I would like to be able to put my unlimited music on a mobile device, like an ipod, or a zune, or whatever. And be able to play it on more than 3 PCs. This
Can’t put music on portable devices like iPods… once subscription is over, can’t listen to music, can only put on 3 PCs. This reeks of quick failure…
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UPDATE:
Big wigs from the music world, including Radiohead’s manager, are launching a new type of company that sees the musician as a start-up company… will this stick? With $20 million of their own money sunk in, the founders better hope so.
