In Case You Missed It: Reading Recap

Zimbalam enters U.S. market - What will it mean for Tunecore?
The New York Times‘ recent profile on Pandora examines how the internet radio company avoided the start-up graveyard, became profitable and whether an IPO is imminent… A report commissioned by trade group BPI on behalf of Universal Music Group says that bundled digital music services could earn U.K. ISP’s roughly $155 million in extra earnings… New IFPI report breaks down the cost to record label’s for investing in music talent; total reaches roughly $5 billion annually – $1 million is the average price-tag to “break” a new artist… EMI Music CEO Elio Leoni-Sceti is out as of March 31st. Charles Allen, the former CEO of British broadcaster ITV, is set to take over the position… Europe’s Zimbalam, a flat fee digital distribution service backed by Believe Digital, is entering the U.S. market and will use upcoming SXSW for promotional offer.




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