Nordstrom & Sears Attempt To Pick Up CD Sales Slack From Tower
With the demise of Tower Records and Musicland, and hundreds of specialty music stores going bye-bye this year, Nordstrom and Sears are attempting to pick up some of the slack by carrying CDs. Nordstrom has been testing music in 29 stores in Seattle and will roll out the category to all 157 stores in the chain by mid-December, says Michael Barber, who heads up Barber Entertainment and assists Nordstrom in the selection. In Chicago,...
Universal Looks To Settle MySpace Copyright Infringement Lawsuit
Doug Morris, CEO of Universal Music Group, the world’s largest music company, stated publicly that he expects to reach a settlement with MySpace, which the company sued for copyright infringement. Earlier this month, Universal, owned by French media giant Vivendi, filed a lawsuit against popular social networking site MySpace, owned by News Corp., for infringing the copyrights of thousands of artists’ works. In the...
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