The love fest between Sony Music and BMG is now officially over. The formality comes via a name change announcement from Sony, which will now call itself,Sony Music Entertainment. Sony bought BMG’s share of the joint for $1.8 billion, although Bertelsmann retained a select number of European holdings and will still be involved in manufacturing and...
RIAA Takes Another Shot To The Chin – The End Is Near
The Recording Industry Association of America (RIAA) has lost another round in their prolonged battle with Jammie Thomas, a 30-year-old woman from Minnesota. A federal judge has denied the RIAAs request for an appeal of an earlier decision to grant a retrial in its copyright infringement case against Thomas. Prior, a jury found that Thomas had violated copyright...
Ding Dong, The Witch Is Dead: RIAA Stops Mass Copyright Infringement Lawsuits
After vowing to plod on suing 12 year-old girls on welfare, dead people, cancer patients and college students, the Recording Industry Association Of America (RIAA) has decided to cease its idiotic legal campaign against Peer-To-Peer (P2P) file traders. The trade group, who faced a public relations nightmare from the very start of its aggressive legal strategy,...
Serato Launches Serato Pressings
Today’s Top Story Serato has announced a new venture dubbed Serato Pressings, which will release vinyl records with their Control Tone on one side, and a track release by a favored label on the other. The hybrid records will available for pre-order in December with shipping slated for early 2009. Serato hopes the new venture will provide an additional...
Year-End 2008 CD Sales Will Be Worst Ever
According to recent sales figures, it appears that the fourth quarter of 2008 will be the worst ever in terms of CD sales. Due to the consistent migration to digital formats, lackluster new music and the continued devaluation of the format, CD sales are already down 27% to date. Wal-Mart, who released chain-exclusive albums by AC/DC and The Eagles, has been...
US District Judge Dismisses Record Label Price Fixing Charges
US District Judge Loretta A. Preska for the Southern District of New York has dismissed charges brought by a consumer group that alleged major labels conspired on digital music pricing levels. The recently unsealed decision revealed that Preska strongly dismissed the allegations that Sony Music Entertainment, Universal Music Group, EMI Music, and Warner Music...
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