In Case You Missed It: Reading Recap
Disney Buys iPhone Music Game Maker Tapulous
Yesterday saw another report declaring that a cloud-based version of iTunes is “definitely happening soon,” though further reporting by CNET’s Media Maverick today has those claims in question as there is nothing indicating Apple has secured the necessary licenses from the four major labels to launch such a service… Disney has bought Tapulous, the maker of popular iPhone music games including their early hit Tap Tap Revenge, such a move seems to indicate the mouses’ plan to move more into the social and mobile game arena… Nettwerk CEO and Lilith Fair co-founder Terry McBride penned an open-letter on Tuesday to all the critics of his struggling tour; this coming ahead of the announcement yesterday of the cancellation of 10 Lilith concert dates… Elsewhere, the expected closure of BBC Radio 6 may not happen, thanks to the large increase in listenership and support for the station since it was first announced that the digital station was marked for termination… And checkout the LA Weekly profile of L.A.’s Saint Motel in the studio…
02.26.10In Case You Missed It: Reading Recap
Sellaband Gets New Owners
A lot of talk recently about Sellaband, the music startup that allows fans to fund projects, first with the revelation that Public Enemy had fallen severely short of their proposed $250K goal for their next album and was even losing fan investors. That was quickly followed by speculation that Sellaband itself was out of cash and on the brink of bankruptcy, which was soon confirmed, but quickly reversed as German investors stepped in to buy the company… At the Digital Music Forum East, an analyst with the NPD group said “We’re eating our young” – claiming that services like Spotify don’t generate music sales while a company like Pandora does. Spotify was quick to respond stating there is evidence that proves the opposite… Music video site Vevo continues to show strong numbers, a quarter of them apparently owed just to Lady Gaga… The BBC announced that among a broad range of changes, it was closing alternative music station 6 Music, though it looks like Absolute Radio (formerly Virgin Radio) will make a bid on the station… Elsewhere Music Mastermind the virtual music creation startup co-founded by Matt Serletic announced $4.85-million in Series A funding… And The Agency Group agent Dave Shapiro in partnership with Rise Records has launched his own label Velocity Records…
| Posted in Reading Recap | No Comments »
| Posted in Reading Recap | No Comments »