iTunes Now Number Music Retailer In US
Apple has announced that iTunes has overtaken Wal-Mart to become the number one music retailer in the United States. The statistics are based on the latest data from the NPD Group’s MusicWatch survey, which captures consumer behavior and counts one CD as representing 12 tracks. In less than five years, iTunes has skyrocketed to the top of the music retailer food chain, no small feat. The iTunes Store has sold over four billion...
Live Nation Strikes Again Inks $150 Million Deal With Jay-Z
Live Nation has announced a mega-deal worth $150 Million dollars with Shawn Carter aka, Jay-Z. Industry insiders have been speculating on what Carter’s next corporate play would be since he failed to come to terms with Universal last year and stepped down from his role as as President of DefJam after 3 years. Jay-Z’s deal will span ten years and includes recording, merchandising, touring, publishing, image licensing and...
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