Music Industry Trends | Snowcrashing

Weekly Digest on the Music Industry -April 5, 2009

Posted on 05. Apr, 2009 by Antonella Stellacci in Music Industry Trends

BREAKING NEWS (SORT OF..)

-Google launches a free ad-supported music service in China with the blessing of the labels. [WSJ]

TRENDS

-Why buy when you can listen free?

- The agreement between Spotify and 7Digital sparks a debate on the mixed streaming-store business model. Glenn Peoples at Billboard views Lala as a possible winner because of its more focused user experience. [Billboard]

-But what do teenagers in the US want? According to a new report by NPD, teens acquired 19% less music in 2008 than they did in 2007. CD purchasing declined 26 % and paid digital downloads fell 13% compared with the prior year. In contrast, 52% of teens listened to online radio in 2008 vs 34% in 2007. Downloading or listening to music on social networks also saw a large increase from 26% in 2007 to 46% in 2008. [NPD Press Release].

-TIme for more numbers with Q1 already over. And the reality is again doom and gloom for the music industry with no Platinum album for the entire first quarter of 2009. Not a single new album sold more than a million copies in the U.S. (enough to win the platinum distinction) [MusicIndustryReport]

GOING UP, DOWN OR UNDER

-Fearing the outcome of lawsuits by Warner Music and EMI, music search engine and playlist generator SeeqPod has filed for Chapter 11 Bankruptcy protection. [HypeBot] Streamzy which let users build playlists from the songs on SeeqPod and YouTube, is on sale on eBay. [Epicenter].

-After blocking all music to UK users, YouTube is now yanking tunes in Germany, after the expiration of its contract with local royalty collector GEMA [PaidContentUK]. At the same time, Amazon opens its MP3 store in Germany [HypeBot]

-Last.fm is still free. Plans to launch the subscription service worldwide except for the US, UK and Germany have been delayed and Last.fm will focus on accelerating new features as SMS billing [MusicAlly]

-How is MySpace Music doing? Epicenter has an in-depth review. Reading is recommended. [Epicenter]

-What is Facebook Connect for? There are many ways to use it and one of them is to automate file-sharing:that’s what Pirate Bay is up to. Now under each track you can find a Share it on Facebook link! [HypeBot]

-More headaches for Ticketmaster, faced with a new classaction for its secondary ticket market practice. This one comes from the US. [MusicAlly]

GOING MOBILE

-On the AppStore side, some good news for Music Apps: the Pandora IPhone App hit 4 million downloads, AOL Radio 3.6million and other music app stars as Clear Channel iHeartRadio, Shazam, Tap Tap Revenge are not far (though numbers are not confirmed) [DigitalMusicNews]. In the meantime, Lala is rushing to get its app live, but still has some kinks to work out according to TechCrunch [TechCrunch]

-At CTIA RIM launches its new BlackBerry World App and one of its focus will be Music [MocoNews]

-And what is Nokia up to? It’s preparing its app store and it promises it will be a “smart” and “social” one. [VentureBeat interview]

GOING SOCIAL

-The clever team behind MusicMetrics launches MuZoid. a Twitter music exploration application. Send a tweet with the name of a band or artist to twitter.com/muzoid and in seconds you receive a link to a web page with gigs, a discography with price comparisons between vendors, and a recommendation of similar artists that you might enjoy.MuZoid uses MusicMetric’s text-mining technology to provide gig and album information for each artist. The company regularly sifts through data from a database of over 6 million artists. If MuZoid doesn’t know an artist, she makes a note of it and gets busy learning. Once enough information’s available, she’ll tweet back to the original querant with an update.[TechCrunch UK]

-Moonalice will post live tracks from their new CD release show on Twitter. Immediately following the end of each song, Moonalice’s sound team will upload it and “Tweet” its availability! [HypeBot]

-SellaBand, one of the online services that enables music fans to invest in up-and-coming artists, will sell its artists on CreateSpace, an Amazon company via a dedicated SellaBand store [Press Release]. Chuck D, named its US Ambassador, speaks about the project and the importance of being good internet marketers to win in the new digital era of music [MusicAlly]

-TopSpin CEO on the importance of engaging fans as a marketing tool [TopSpin]