March 28, 2007Titanic, deckchairs, lifeboats...
I attended a MusicTank event last night entitled 'Pimp My Tune: Making Music Compete with Free'. I've been to a number of MusicTank events but this was the most interesting - a very impressive panel, all with opinions that were refreshing and stimulating.
A few themes worthy of note:
John Dyer, General Manager at Domino Records, spoke of the polarisation of music consumers between older CD buyers and youngsters who have grown up in a digital world. He noted that kids hang out now in places like Cyworld, Habbo Hotel and Second Life (as well as MySpace, Bebo and Facebook of course), and so this is where he will need to deliver music to them. And not just music - in the Second Life example, Avatars will distribute Arctic Monkeys t-shirts for residents to wear and keep in their virtual wardrobes.
March 27, 2007Viacom has a point - but we all know how it's going to end
The Viacom v YouTube row continues. Jeez, I wish I was a lawyer...
In an old-fashioned kind of way I actually believe that Viacom are entitled to have a go at YouTube. Media businesses are based on making content, distributing it and selling advertising off the back of it. Put aside any arguments about whether Viacom's content is any good or not, because that's irrelevant. The point is that they have invested millions of dollars making these programmes, and YouTube is using them to attract people - and therefore advertising revenues - to their site.
March 6, 2007So that was EMI's MP3 moment...
It seems that EMI Group has ended its discussions with major online music sellers on the possibility of selling songs without DRM restrictions, as the parties were unable to agree on advance payments for songs sold as unprotected MP3s, according to Bloomberg News .
EMI asked retailers for a large advance payment for the rights to sell its artists' songs without copy-protection technology, which included a premium based on the risk involved. The retailers -- including Apple, Microsoft, RealNetworks, Yahoo and Amazon.com -- countered with a lower offer, which was rejected by EMI.