Sony & Warner Partner On Chinese Download/Mobile Content Venture
Sony BMG and Warner Music Group have announced a Chinese joint venture for developing mobile music content and download distribution technology. The music companies have invested in Access China Media Solutions, a joint venture between China’s Access Ltd., and Seattle-based digital media firm Melodeo. Access China Media Solutions was formed early last year as a vehicle for Melodeo to distribute its technology to wireless...
IFPI Releases 2007 Digital Music Report
The IFPI has released their 2007 Digital Music Report. The report states that in 2007 Digital music has finally come into its own. with the industry selling an estimated US$2 billion worth of music online or through mobile phones in 2006, almost doubling the market in the last year. Digital sales now account for around 10% of the music market as record companies experiment and innovate with an array of business models and digital...
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