Vevo Made $150 Million Last Year (Mashable)
February 1, 2012Mashable - Vevo generated $150 million in revenue last year, President and CEO Rio D. Caraeff revealed at AllThingsD's media conference on Tuesday. The two-year-old music video platform, a joint venture between Sony Music Entertainment, Universal Music Group and Abu Dhabi Media, has paid out $100 million to content owners over the past two years, he added.
Bronfman: UMG, Sony purchase of EMI 'dangerous' (AP)
February 1, 2012AP - Outgoing Warner Music chairman Edgar Bronfman Jr. says the proposed purchase of British recording company EMI by recording rivals Universal Music Group and Sony/ATV is "dangerous" and must be stopped by regulators.
Neil Young building digital music device for downloading (Reuters)
February 1, 2012Reuters - Neil Young said Tuesday that he is picking up where Steve Jobs left off, working on a device that can offer digital music without sacrificing quality as iTunes, Amazon and others have done.
Ukraine shutters top file-sharing site (Digital Trends)
February 1, 2012Digital Trends - In the wake of the takedown of file-sharing site MegaUpload (and the ripple effect to sites like FileSonic and Uploaded.to), another popular file-sharing site has gone dark. Ukrainian police today shut down the countryâs most popular file sharing site, Ex.ua, on grounds that it was illegally distributing copyrighted material, including music, videos, and movies.
CEO: Vevo made $150 million in revenue last year (AP)
February 1, 2012AP - Vevo, the online music video service launched by Universal Music Group and Sony Music Entertainment in late 2009, pulled in $150 million in revenue last year, chief executive Rio Caraeff revealed on Tuesday.
The top 10 songs and albums on the iTunes Store (AP)
January 31, 2012AP - iTunes' Official Music Charts for the week ending Jan. 30, 2012:
Ukraine shuts down top file sharing website (Reuters)
January 31, 2012Reuters - Ukrainian police on Tuesday shut down the former Soviet republic's most popular file sharing website, Ex.ua, accusing its owners of illegally distributing copyright-protected software, music and videos.
Paul McCartney says he's working on music for a new video game (Digital Trends)
January 31, 2012Digital Trends - Sir Paul McCartney is bringing his music to yet another video game, and from what we can tell, itâs not a sequel to Beatles Rock Band.
Spielberg's The River hits UK iTunes 24-hours after US TV debut, will it curb piracy of the show? (Digital Trends)
January 31, 2012Digital Trends - Piracy has been in the news a lot recently, thanks to extensive coverage of both the SOPA and PIPA bills, and the ongoing saga of Megaupload.com.
Review: Odd experimentation reveals muddled result (AP)
January 30, 2012
AP - "Purple Naked Ladies," The Internet (Odd Future)