Universal Music Group Partners With Meebo for Ad-Supported Videos

Universal Universal Music Group and Meebo have partnered with relation to adding ad-supported videos to Meebo. The partnership launches with Kanye West, Ludacris and The Killers.

MeeboThe deal is similar to ad revenue sharing deals that many major labels have with YouTube and others. Until recently, most record labels viewed artist videos as promotional, but now days this seems to be turning around. 360 deals are coming to the floor and new revenues streams need to be found and nurtured.

Japans Internet Music Market Saw Healthy Growth in Q3

Japan’s Internet music market saw healthy growth in the third quarter of this year but a collapse in the once-mighty ringtone market led to mixed results for the cell phone sector of the country’s digital music industry, according to figures released on Friday.

Total downloads over the Internet and on cell phones totalled 118 million during the July to September period, down 3 percent compared to the same three months of 2007, while revenues grew 11 percent to ¥22 billion, the Recording Industry Association of Japan (RIAJ) said. The group collects data from most of Japan’s major music publishers.

Growth was strong in the Internet download portion of the market where downloads jumped 30 percent to 10.6 million and revenue surged 49 percent to ¥2.3 billion. The relatively new music video download market more than doubled in size but was still small at 391,000 downloads.

Myspace Music Will Announce Courtney Holt As CEO As Early As Today

Courtney Holt, an MTV exectuive, is rumoured to be named as the new president of Myspace Music as early as today.

MySpace Music is the digital music service formed by News Corp. and the four largest recording companies. Some observers say that MySpace, with a well-established history of offering music, could emerge as a competitor to Apple’s iTunes.

Nokia Launches Digital Music Store In Italy

Today Nokia has announced the launch of its new Italian digital music store, http://music.nokia.it. Nokia has already been able to grab 4 million songs for its catalogue.

Nokia has signed agreements with Universal Music Group, SONY BMG ENTERTAINMENT, Warner Music Group and EMI Group, and independent record labels and aggregators including, The Orchard, IODA, Kiver, Made In eTaly, Wondermark and with local record labels such as Sugar, Carosello, Universo, Edel.

Nokia Music Store focuses on the local market, strongly associated with the consumer, as more than *54% of the music that is sold in Italy is local.

Source: Dailymobile.se

Universal Music, Are They Starting To Adopt Digital Business Models Correctly?

Universal

In the last year or so it has been tough times for the major record labels. The majors have not really been moving into the digital as fast as they should, whilst at the same time not understanding the digital business models.

Whilst this still remains the case Universal have released their lastest quarters results, and they seem very surprising to me.

  • $3.97 billion revenue for first 3Q’s of ’08
  • + 3.5% without currency fluctuations
  • + 33% for digital sales which “”more than offset” lower CD sales
  • Earnings 21.8% to $516M before deduction of interest, tax and amortization
  • Net is lower due to restructuring costs
  • Full press release

We7 Launches Out of Beta With New Design and Added Features

After spending months in public beta and lots of changes to the ad supported music service, We7 is about to launch out of beta with a bang.

We7 have launched with a “Big Listen” campaign. This new service has some great new features including Free on-demand, unlimited access to full tracks and albums, “Search, Click & Play”, A ‘Celestial Jukebox’ with several million track, ‘Play Anywhere’ – a link and play system for blogs and websites, Users can create playlists, share with friends and buy mp3’s, Payments to rights owners and artists.

The first thing you will notice with the new site is that they have a completely new design. Other new additions include a Magazine, Blog and a much improved list of advertisers. Im sure we will be hearing a lot more from We7 in 2009!

P2P Music Downloads Worth $69 billion. Is Digital Music Distribution Going Down The Toilet?

In 2007 P2P music downloads were worth a staggering $69 billion, and all other forms of movie/television piracy are on the rise.

Techcrunch has been talking a lot about using music online as a free promotion tool, because eventually music will be free online. If record labels do use music online as a free promotional tool then they need to have other revenue stream. Warner Music is signing their new artists to 360 deals, in which allows them to have all revenues streams.

Somebody over there needs to put their thinking cap on, quit screwing around and just give the damn music away for free with no lawsuit strings attached.

Amazon Launches 100,000 Specific Amazon Artist Stores

Amazon.com recently launched 100,000 Amazon Artist Stores that place biographical information alongside music and related material like books, posters and t-shirts. The inclusion of physical goods could prove a major point of differentiation for Amazon with other online music stores lacking warehouse operations and unable to match the broad a merchandise selection.
Amazon_artiststores_foilt_v241839_2

Biographical information is provided by the All Music Guide and some community, photo, video and music recommendations are provided via SoundUnwound, an in beta joint venture between Amazon and IDMb which encourages Wikipedia like fan editing.

Artist stores are accessed via a dedicated section and found in an alphabetical listing. But a search by artist in the general Amazon, Amazon Music or Amazon MP3 store do not take you to the artist’s store, but to the usual Amazon product listing. Perhaps further integration of Amazon’s various music destinations is pending. Examples of the special content available in Amazon Artist Stores include:

Coldplay Store (www.amazon.com/coldplay) featuring:

  • A pre-order for the band’s new EP, “Prospekt’s March”
  • “The Coldplay Story” – a timeline of the band’s rise
  • A photo gallery
  • A variety of books and DVDs

I personally think that these stores are a complete waste of time. Listeners tend to only like certain tracks from artists these days, and this is being proved by the decline in album sales. Therefore, the additional of all this information in one spot is aimless and the only way it is going to help Amazon is in terms of SEO.

Specialist Media

In both new and old media channels (online/mobile vs. broadcast/physical) there will be brands specialising in different areas of music. If you’ve been sensible, and figured out who your fans are likely to be, then it makes sense to make those brands that cater to your likely fans a priority. If you’re in a j-pop outfit, don’t bother sending press releases to the editor of Kerrang! This might seem obvious, but in directing your promotional efforts efficiency is of cardinal importance.

If you have £40 sloshing about with nothing to do, get hold of a copy of the unsigned guide. This lovely little tome has got a list as long as your arm of magazine and radio contacts that are looking for your material.