LOTD Jan. 23rd: Music marketing madness edition

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.

Quick Takes: 1/23/07

  • Suzuki is working on a car whose roof flips up to turn into a 40-inch movie screen. The projection system can also be used to display the movie on a building wall or other flat surface. I’m betting the MPAA will have a collective stroke over this since it sounds too good from a consumer side.
  • Despite the fact that people have signaled their desire to experience smaller films that are more relevant to them, Hollywood continues to aim for a large audience.
  • Kirk Skodis is apparently completely rocking the Assassins game Universal setup in Second Life in connection with Smokin’ Aces.
  • Deborah Netburn tries to give equal voice to the comedy writers and others who like NBC’s “Studio 60” in an attempt to convince Aaron Sorkin to retract the contract he probably put out on her.
  • J.D. shows off the girl who makes him a lucky guy.
  • Patrick Goldstein once again tackles the subject of consumer control over the media industry and once again produces a must read whether this is old news or if you’re just getting used to this new world.
  • Warner Bros. is rereleasing The Departed now that it’s garnered a bunch of Oscar nods.
  • Speaking of Oscar, Craig has the full list of this morning’s nominees.
  • Special Ops Media, an agency I hear from often, has been named AOR for Tribeca Enterprises, the group that runs the Tribeca Film Festival.

If he keeps saying it loudly enough it might just come true

I thought about leaving this as an additional comment but decided to post it here instead.

Steve,
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.

–Chris

LOTD: January 22nd

…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)

LOTD: January 19th

  • This behind the scenes peek at Joost has me positively salivating at getting in and playing around with it myself. (CT)
  • It’s an honest-to-goodness mystery JD Lasica has on his hands. His video interview with the founder of Tower Records, which was under the time limit and which featured Creative Commons music, has been yanked by YouTube. (CT)
  • Blogs are good for marketing. (CT)
  • This is kind of funny. You know how sometimes your boss comes in with some sort of “we need to do this” idea related to shiny new technology? That might be because they saw it in a movie and figured the technology must be incredibly easy to use. [Via] (CT)