The Brits released the results of a new study yesterday claiming that 7 million people in the UK are illegally file sharing, costing the economy billions of pounds. Consequently the Strategic Advisory Board for Intellectual Property (SABIP) says it may be hard to change attitudes. Duh. You think? This is news? Give me a...
Read more »
Tags: digital music, EMI, file sharing, Grokster, ISP, napster, p2p, Universal Music, Warner Music
Posted in Digital Media, Music Biz | 5 Comments »
You may have read my previous post about Qtrax and their multiple legal woes and gnarly “loans” that seemt o have come back to bite them on the ass big time. In that post I wrote “Mr. Klepshitz took a default judgment on April 20, 2009 totaling more than $516,000 including interest in the NY Supreme...
Read more »
Tags: digital music, Klepfisz, lawsuit, qtrax
Posted in Digital Media | 4 Comments »
UPDATE: Our man Al Klepshitz must not be doing that badly after all. In spite of all of the judgments and outstanding claims against Brilliant Technologies, Qtrax and or Klepshitz personally, he was seen not long ago in the First Class section of a Singapore Airlines flight (Klepshitz is know to have a great...
Read more »
Tags: digital music, Klepfisz, lawsuit, qtrax
Posted in Digital Media | 5 Comments »
We’re coming up on the 10 year anniversary of the launch of the original Napster. And it has surely been a long and winding road to the current incarnation of the once dominate p2p software. To get the full story you should pick up Steve Knopper’s “Appetite For Self-Destruction” or Joe Menn’s “All The...
Read more »
Tags: digital music, napster
Posted in Digital Media | No Comments »
Amidst all the bad news for record companies lately, the newly reconstituted EMI was bubbly last week when the company announced a $246 million profit. Of course that profit was a direct result of massive cost cutting. And from what I hear, the cuts are very, very deep. A buddy of mine was visiting the...
Read more »
Tags: EMI, music
Posted in Music Biz | No Comments »
A few short weeks ago, Goldman Sachs analyst Ingrid Chung gave Warner Music some big love. She upgraded her rating of Warner stock, giving it a 14.6% bump in one day, sending shares from an April 13 opening of $3.08 to a close at $3.53. Chung saved some extra big hugs for Junior, saying...
Read more »
Tags: Digital Media, music, record label, Warner Music
Posted in Music Biz | 4 Comments »
I’m sure you recall that pablum rockers Coldplay have been accused of plagiarizing their biggest hit “Viva La Vida” not by one other songwriter, but two. Guitarist Joe Satriani filed a lawsuit and Brooklyn band Creaky Boards also accused the band of stealing their stuff. Well, according to a report in the Brit tabloid...
Read more »
Tags: Coldplay, EMI, lawsuit, music
Posted in Music Biz | 5 Comments »
Wimp soft rockers Coldplay are trying to get hip by giving away their new CD. Fans who attend one of their upcoming North American tour dates will get a free copy of their new live album The CD, called “LeftRightLeftRightLeft,” will also be available as a free download through the band’s website www.coldplay.com This isn’t...
Read more »
Tags: Coldplay, Digital Media, EMI, Marketing, music
Posted in Music Biz, Stupid Marketing Ideas | 6 Comments »