Google is offering billion dollar checks to labels for blanket rights to their entire catalogs, according to highly placed digital music sources. According to one source, ”Google has offered at least one label over a billion dollars for all the rights in every country for every piece of music and for every platform.” This means that Google could potentially be writing checks for a...
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audacious
intrepidly daring : adventurous ; recklessly bold : rash
contemptuous of law, religion, or decorum : insolent; marked by originality and verve
--Merriam-Webster Dictionary
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Finally. Yesterday UMG CEO and new president of show business, Lucian Grainge, banished long-standing President & COO, Zach Horowitz, to Siberia by moving him over to the publishing company as Chairman and CEO thus getting Zach out of everybody’s hair. Recently, some of Lucian’s new executive team have locked horns with Zach and that...
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The US Securities and Exchange Commission today announced a temporary suspension of trading for shares of Brilliant Technologies Corporation, the parent company of the controversial and the failed Qtrax music service. The order states that “Brilliant Technologies Corporation (“BLLN”)...
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For the last few weeks the digital rumor mill has been buzzing about an imminent sale of the Mog music service. CEO David Hyman told Reuters “We’re not actively trying to sell this business…The Facebook integration has been fantastic...
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According to a highly placed digital music executive, Google Music has actually been losing customers week over week--consistently--since it's launch last November. "I've never seen anything like it", the source said."It's astounding. It's hard to believe that with an...
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There have been numerous media reports since her untimely death that Whitney Houston passed away "dead" broke. In January a Whitney insider told Radar Online “Whitney’s fortune is gone. Music industry heavy hitters are supporting her and her label...
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Last night's Grammy Award Show featured performances that rivaled Madonna's Super Bowl halftime monstrosity and had it's share of winners and losers. Here is my "alternative" take on the evenings proceedings.
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Yesterday Digital Music News ran a post titled “What Really Killed MegaUpload? MegaBox, That’s What…” promulgating a conspiracy theory essentially claiming that Kim Dotcom’s new music platform so intimidated the record industry that they conspired with the government to shut...
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The Music Void
