There’s been a bunch of news about the future of the retail music industry that all sort of goes together so I wanted to put it into one place:
- Record companies are eyeing moving toward open-format MP3s for digital downloads within the next year or so as opposed to all the DRMed files in incompatible formats that are polluting the system now.
- According to eMarketer, the number of digital music sales nearly doubled in 2006 over 2005 numbers. Those numbers still don’t make up for the drop in physical CD sales, but imagine if the tracks were in the above-mentioned MP3 format.
- Mark Glaser makes a lot of good points, chief among them that the $15 price-point for a physical CD has been around for a while now and is largely artificial at this point.
- Mack is talking about SnoCap’s MyStore, a new venture from Napster founder Shawn Fanning. The service would enable artists to sell their music directly to the audience as MP3s.
- Music videos from Sony BMG Music Entertainment and Warner Music Group artists will have Google AdSense’s video ads attached to them.
- A new service called Ruckus will be offering free music to college students. The bummer is that it’s going to be distributed in Microsoft’s PlaysForSure format, meaning it won’t even play on Microsoft’s own Zune player not to mention iPods.
I thought about leaving this as an additional comment but decided to post it here instead.
If you’re going to go around saying that social media is no mo’ or that the phrase should be dropped from the lexicon, then first talk about what you’re doing within Edelman as a thought leader. That would start with maybe addressing the irony of you saying that at the same time that your agency positions itself as being so savvy because it distributes press releases in both old media and “social media” formats.
I can’t tell you how many times I remarked to Tom along the lines of “I just have to finish some reading…” when he asks me to do something. That’s why I, for the first time since its launch, laughed at this Blaugh comic.
…We are the Bears’ Shuffling Crew…shuffin’ on down, doin’ it for you…
Sorry, I was listening to some music. Let’s move on. –Chris
- With cheap software and a lot of enthusiasm, a group of folks have created their own daily video show on stock picks and financial markets, moving in on territory previously held only by experts and the like. (CT)
- Shocking! RSS still hasn’t moved into mainstream adoption. (CT)
- IBM is creating its own social networking for business solution that it’s positioning as a direct challenge to Microsoft. (CT)
- Rick Klau has a pretty intriguing idea on how Microsoft could capture some market share from Apple that makes a lot of sense. (CT)
- The news of the day is being decided by the readers and not necessarily the editors. (CT)
- Real estate agents are blogging, and those blogs are getting noticed by people running searches and looking for real estate information in their area. (CT)
- Finally, some quality breakout and definition when it comes to social networking, with a pretty big appeal. Check out OurChart, social networking for “lesbians and their friends,” as the company’s December 18 press release announces. It was founded by Ilene Chaiken, who many of you might recognize from her work with Showtime’s “The L Word,” along with Hilary Rosen and Beth Callaghan, formerly of PlanetOut.(TB)
A Honda tricked-out like an X-Wing. I want one.