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 revenue stream for the concern, who has taken notice of the high resale value...
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 reducing shelf-space and cutting CD prices in half to below the $5 threshold....
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