Tag Archives: music retail

Smashing Pumpkin’s Corgan blame-games iTunes

Smashing Pumpkins front man Billy Corgan launched a scathing attack on iTunes, blaming the service for his decision not to release a full album ever again in future.

The Smashing Pumpkins won’t release another album in future, the singer said, “We’re done with that. There is no point. People don’t even listen to it all. They put it on their iPod, they drag over the two singles and skip over the rest.”

Corgan says the future of music releases won’t include the album format, but that artists will choose to release single tracks instead. “The listening patterns have changed,” he said.

“So why are we killing ourselves to do albums, to create balance and do the arty track to set up the single? It’s done.”

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Sony, EMI get Musicane viral in anti-iTunes move

In an attempt to vault onto the viral nature of the online world, Sony Music Entertainment and EMI have announced plans to use the Musicane service to sell music online.

Musicane reached a deal with Universal Music in August this year, leaving Warner Music as the only major not to be taking a chance at this.

These plans will see music retail widgets provided by Musicane made available for use on artist websites and also on the websites of music fans. The deal will see fans take a 5 per cent slice of music sold through their sites.

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UK indies in shock as Pinnacle, EUK, fail

Extremely bad news for some of the world’s leading independent labels as leading UK distributor, Pinnacle Distribution, has entered administration.

One of the UK’s leading independent distributors Pinnacle held a 3.8 per cent share of the albums market in the third quarter of 2008.

Indie music label association AIM today held an emergency meeting for impacted labels, urging members that should their label be, “distributed by Pinnacle it is imperative that you take steps quickly to protect your position as best you can.”

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EMI top brass praise ‘great’ iTunes Plus…

EMI’s senior executives provided a full and frank interview with Billboard today – an essential read for anyone in the business of music, the interview looks across the label’s revivified strategy and explores its new formation into three separate business units.

We like what they’re saying, to be blunt. The label seems prepared to make the transition away from music retail and toward relationship management, working to bring fans and bands closer together, which is exactly what most people have been saying all the labels should do.

We think EMI’s extensive recent root and branch reorganisation means it’s closer than most to achieving that dream.

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Insound profits on vinyl/digital double play

Insound is a US music retailer with a fresh twist, it sells vinyl but also makes MP3s of what it sells available to buyers – a business proposition music lovers seem interested in, Billboard reports.

The retailer has only secured permission to sell 500 albums in this new combined format, including releases from the likes of Sub Pop and Matador, but the scheme has seen Insound’s vinyl sales double in the last 18 months, the report claims.

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Why the majors should go DRM-free with iTunes

Major labels are happy now to sell DRM-free music through retailers such as Amazon and 7Digital, but Apple remains locked out, with three of the four majors denying it permission to sell tracks DRM-free through its iTunes Plus service – even though it’s the largest US music retailer. But this may soon change.

9to5Mac claims Sony Music will make moves to license its tracks for sale through iTunes Plus in the coming “weeks or months”, with some speculating a potential announcement at Macworld San Francisco.

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7digital, Zavvi lead entertainment retail group

The Entertainment Retailers Association (ERA) has unanimously elected Zavvi MD Simon Douglas as Chairman for the next year, while 7digital MD Ben Drury remains Deputy Chairman and EUK’s Graham Lambdon remains treasurer.

“There are more entertainment products on the market than ever before, “ Dougles said, “and consumer demand for entertainment products is greater than ever before.
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EC agrees Sony’s Bertelsmann purchase

Against bitter complaints on part of Europe’s independent music sector, the European Commission this week approved Sony’s $1.2bn acquisition of Bertelsmann’s 50% stake in Sony BMG, clearing the way for the group to be renamed Sony Music Entertainment Inc. 

As part of the deal,  Bertelsmann must take over “selected” European catalogues of music rights from Sony BMG, however, competing independent firms don’t believe this is enough.

Raising the question of what might happen if Apple Computer had acquired EMI, for example, Impala co-president Michel Lambot warned, “They’ve just let the world’s largest consumer electronics company merge with the second largest music company without any detailed investigation.”

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UK album chart rules changed for Xmas

The Official Charts Company has relaxed its album chart rules, permitting labels to offer releases festooned with extra material in an attempt to boost sales in the format.

The changes, which have received approval from labels across the industry, both independent and major, will allow for a wider range of audio material and additional merchandise to be packaged within chart-qualifying special editions. The new rules, which follow several months of consultation across the business, will be introduced from Monday September 29.  
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