Category Archives: Companies
CBS buys Last.fm for $280m, plans more ads
As hinted at back in February, Last.fm has been trawling around looking for a buyer and today it found its harbour in the form of a US media giant. The ‘social music’ site has been bought by CBS Corporation for … Continue reading
Xbox 360 is iPod compatible
Microsoft’s XBox site has published a document that shows how to turn the XBox 360 gaming device into an iPod accessory: “We’re happy to report that the Xbox 360 video game and entertainment system works with MP3 music files on … Continue reading
Universal man likes new video iPod, iTunes
Barney Wragg, vice president of eLabs at Universal Music International, told MusicBites at the launch of the new video iPod, that the new iPod made the business of downloading both music and videos just plain “simple”. Plus, the new iMac … Continue reading
HMV sales dive – blames books
Sales dive at HMV – Manchester Evening News: The company warned investors today that there were few signs of an upturn on the high street at present. At HMV stores like-for-like sales in the UK fell 11.5 per cent in … Continue reading
Labels sell bootlegs to fight piracy
Music companies sell bootlegs to fight piracy(WSJ): Vivendi Universal SA’s Universal Music and Instant Live, owned by Clear Channel Communications Inc., have announced a blanket licensing agreement that lays the groundwork for Instant Live to issue concert recordings by Universal … Continue reading
Sanctuary ends all buy-out talks
Reuters: Sanctuary ends all buy-out talks: The debt-laden music group that has issued a string of profit warnings in recent months.
Music file sharing offered legally
Playlouder, has licensed acts from SonyBMG, the world#039s second largest record label, and is confident that the other two big record labels, Universal and EMI, will follow suit.