“We had to change the stretch limo culture that prevailed in many areas of the music industry,” says Schmidt-Holtz

A Sunday piece in the New York Times takes a look at Sony Music and its head Rolf Schmidt-Holt. Much of the article examines Sony Music’s moves into territory outside of the traditional music industry, including its partnership with Simon Cowell and a consulting relationship with the government of Argentina… The other apple, Apple Records, announced a new partnership with EMI for the digital release of fifteen remastered albums from artists including Badfinger and James Taylor, though it doesn’t appear that any Beatles releases will be included… MySpace’s lucrative ad-deal with Google is just about up, and while the Wall Street Journal recently reported on News Corp.’s shopping of a new partnership, TechCrunch asks some crucial unaddressed questions… And if you thought those Jonas Bros. albums you bought in the privacy of your home would go unnoticed, think again.  In a move to further propel its new iAd platform and compete with Google, Apple is mining data from billions of iTunes downloads to study user’s buying habits…

Always Front & Center... This Week: Adobe, iAds & Lala

Last weekend saw the news that EMI Music chairman Charles Allen is reportedly pulling back from his strategy to sell-off parts of the music group in an effort to righten the company’s state of financial disorder… The New York Times published a lengthy piece focusing on the new Live Nation Entertainment and its leading duo Irving Azoff and Michael Rapino… Rhapsody beat out other mobile music services this week by being getting its new iPhone app approved by Apple, making it the first service in the U.S. market to allow users to store subscription music in the phone’s memory… A lot more Apple in the headlines this week as Steve Jobs publicly sounded-off on his company’s continued stance against supporting Adobe Flash on its mobile devices. Billboard takes a look at what that means for music, while questions remain on how it all could relate to Apple’s imminent iAds platform that will likely cost advertisers at least $1 million dollars to buy into the new ad network… UK-based streaming service We7 announced that during the month of March, and for the first time ever, it had covered all operating and royalty costs with advertising revenue, making it the first company in the the ad-funded space to do so… Elsewhere, David Letterman’s Worldwide Pants Inc. has started a record label, and its first release will be Orange County’s Runner Runner… And many are wondering if the freshly posted notice from Lala that it will be shutting down on May 31st and is no longer accepting new users means an iTunes in the cloud is finally on the way…