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Last Week’s Music Business News & How It Could Effect You…

by bhoughton on January 26th, 2008

  • 2007 music sales dropped 10% and digital sales growth slowed according to a new report. But highlights of the IFPI’s 2008 Digital Music Report attempt to paint a more optimistic picture.
  • Is “up-selling” (adding extra content live video, art and lyrics to a download) Apple’s new iTunes strategy to get you to spend more on music?
  • Only 30% of 2007’s top live acts were under the age of thirty which could cause concern for the future of live entertainment. We do love those classic rocker, don’t we?
  • Last.FM added full single song streams. Now you can sample anything.
  • Hypebot began a multi-part series on the music business in China with a look at piracy and the retail sector.
  • Retail marketing guru Seth Godin made the case that the entertainment industry is charging too much for digital product and that it’s encouraging file swapping.  What do you think?
  • We shared plans by Leonard Cohen to tour for the first time since 1993.
  • An interview with Sonicbids founder Panos Panay about his plans for the musician centered online service
  • More Music Industry News on Hypebot.com

POSTED IN: Music News You Can Use

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