Friday, June 22, 2007

snapshot 6/22/07

The Fall of the Record Business: What Next?
http://www.rollingstone.com/news/story/15152483/the_fall_of_the_record_business_what_next
Rolling Stone continues its series on the new music industry, this time laying out five possible outcomes in the future of the business: ad-supported music, legal P2P, endless access points, different revenue streams, and consumers as retailers.


Burnlounge Shifts To Affiliate Model, But Once Again The Fan Feels Scorched
http://hypebot.typepad.com/hypebot/2007/06/burnlounge-shif.html
The FTC called Burnlounge's network marketing system a "pyramid scheme" and went to court to demand a shutdown. After gaining time to respond, the site first replaced it's CEO and now announced "a simplification of its business model that will eliminate the network marketing element...while providing greater business benefit for entrepreneurial members...".

The new service functions more like affiliate marketing systems already in place at Amazon and other online retailers and includes free software that enables download store and BurnPages with customizable widgets for promotion. Other higher margin entertainment products will also be added for sale including movies, videos, portable devices, and accessories.


Pumping up promotions
http://www.chicagotribune.com/business/chi-wed_music_0620jun20,1,5446494.story?coll=chi-bizfront-hed&ctrack=1&cset=true
Record companies are turning to aggressive marketing -- adding bonus tracks, free downloads and new delivery formats -- in an attempt to reverse a stubborn slide in CD shipments.


Apple now third-largest U.S. music retailer: survey
http://news.yahoo.com/s/nm/20070622/wr_nm/apple_itunes_dc_4;_ylt=AocwwZLCIa1rGcdNJhvDgHdkM3wV
Apple Inc.'s digital music store iTunes is now the third-largest music retailer in the United States with 10 percent market share, overtaking Amazon.com in the first quarter, according to a survey released on Friday.


MusicGiants Joins DRM-free Bandwagon
http://www.betanews.com/article/MusicGiants_Joins_DRMfree_Bandwagon/1182461420
Hoping to one-up Apple with its recent move away from digital rights management, high-quality music site MusicGiants began offering DRM-free music recently with the release of Paul McCartney's newest album, Memory Almost Full. In a recent interview with audio magazine Stereophile, MusicGiants CEO Scott Bahneman said the service plans to release more DRM-free albums later this year. Partners in the offering have not been announced.


Publishers move to split ebooks into pieces
http://venturebeat.com/2007/06/22/publishers-move-to-split-ebooks-into-pieces/
Ever wondered what happened to the promise of the ebook? The efforts generally failed, due to poor reading devices, customer reluctance to pay full retail prices for digital versions, and overly cumbersome DRM and competing document standards that restricted ebook portability from one reading device to another.

Some of the barriers to ebook adoption are slowly falling by the wayside, but improvements are still necessary for ebooks to go primetime. Onerous copyright issues continues to hamper ebook growth. While there are signs that the music industry is beginning to relax their stance on strict digital rights management (DRM), the publishing industry has been slower.

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