MySpace Music Announces IODA Deal
MySpace Music announced that IODA, a digital distributor of independent labels will provide its catalog of music to the recently launched MySpace Music. The addition of IODA will inject over one million new songs into MySpace Music’s growing indie catalogue. Through this partnership, the MySpace Music community will be able to stream and purchase music from IODA’s catalog of more than one million tracks from a diverse...
Live Nation Artist Mega-Deals Include Equity Stakes
Public filings with the SEC have revealed that Live Nation not only provided mega-bucks to Madonna, U2, Jay-Z and others to secure the 360 deals, but also offered each artist an equity stake in the company. Madonna secured 1.7 million shares, Jay-Z snagged 775,000, and U2 scored 1.56 million, which amounts to a little over 2% of Live Nation. Shakira and Nickelback were left out of the action. No word yet on how many much of...
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