Universal Music To Shed Publishing Assets To Gain Regulatory Approval
In order to gain regulatory approval for its purchase of BMG Music Publishing, Universal Music has offered to dump the Zomba Music Group catalog. Zomba which owns hit songs by Britney Spears, ‘N Sync and the Backsteet Boys would be set on the auction block, as well as other publishing assets. The European Commission, which regulates competition in the 27-nation European Union, will soon send questionnaires to gauge rivals’...
iTunes & Napster Most Recognized Digital Music Brands
According to a recent Ipsos Insight report, iTunes and Napster continue to top the list of most recognizable digital music brands. Among U.S. music downloaders older than 12, iTunes brand recognition was at 66%, up from 57% in 2005. Napster dropped a bit from 79% to 68%, while Yahoo Music increased somewhat from 49% to 53%. But the biggest gain was MySpace, which increased its brand recognition as a digital music provider from 16% in...
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