Archive for December, 2007

Have a bitsofbeats.com new year!!!

  • Remember - sticking to constructive New Year resolutions…

    - creates good karma.  

  • Monday, December 31st, 2007 | Posted in Special Features | No Comments »

amazon reporting 3 million songs for sale

  • Due to the extensive catalogues of 3 major labels and thousands of indies, Amazon.com now wields 3 million singles, and most of them below the industry standard fee at .89 cents per.

  • Monday, December 31st, 2007 | Posted in Special Features | No Comments »

Warner music group will sell drm free music on amazon in 2008

  • After years of defying progressive digital media consumer trends and losing billions of Warner dollars, Edgar Bronfman Jr. (Warner Music’s Chief Executive Officer) has finally agreed to offer DRM-free WMG catalogue on Amazon.com in an attempt to brake plummeting stocks and conform to new industry standards.

  • Friday, December 28th, 2007 | Posted in Special Features | No Comments »

the wild west of digital media is actually the east

  • With well over a Billion digital subscribers in the Republic of China alone, digital music revenues should smoke every other market on the planet. Unsettlingly, 2007 only saw $76 million in digital music sales from China - one of the lowest figures reported anywhere. 

    It is estimated by the IFPI that 99% of all downloaded digital media in China is pirated.

  • Wednesday, December 26th, 2007 | Posted in Special Features | No Comments »

warner and xm settle

  • This just in…

    Warner has also settled royalty arrangements with XM Satellite Radio, paving the way for the remainder of the industry.

  • Wednesday, December 26th, 2007 | Posted in Special Features | No Comments »

oscar peterson | 08/15/25 - 12/23/07

  • Duke Ellington called him the “Maharajah of the Keyboard” and the rest called him one of the greatest jazz pianists of all time.

     

  • Tuesday, December 25th, 2007 | Posted in Featured Artists, Special Features | No Comments »

The votes are in…

  •  

    And the Republic of China has voted media piracy Legal!

    …no, wait…

    Illegal!

    …what?..

    Legal?

    Uhh…nevermind…someone get those guys some morals and take another vote.

  • Tuesday, December 25th, 2007 | Posted in Special Features | No Comments »

umg and xm settle out

  •  

    XM Satellite Radio has agreed to pay Universal Music Group revenues for receiver sales – in return, UMG has dropped previous suits.

    Who says lawyers in $3k pinstripe suits can’t kiss and make up?

  • Tuesday, December 25th, 2007 | Posted in Special Features | No Comments »

Merry Christmas from bitsofbeats.com!

Warner Music threatened with less than $5 stock

  •  

    It is no secret that the majority of executives at Warner Music Group specialize in numbers, not foresight; and as the numbers continue their downward spiral, old-school executives still refuse to surrender control to a younger and more insightful generation of digital savvy managers. Nearly everyone (outside of WMG) is in agreement: Warner has the potential to regain its former financial glory by following the lead of media giants such as EMI and Universal.

    Seven current issues plaguing WMG:

    1. *The continued production of soulless Pop-Music that will not produce residual sales after initial charting.
    2. *Refusal to accept the advantages of inner-industry digital partnerships which ultimately elevate exposure, sales and royalty returns.
    3. *Keeping the doors shut on progressive/experimental divisions that focus on new styles of business practices.
    4. *Overbearing and glorified production costs from executive/buddy-buddy producers (this is a larger problem than most people realize)
    5. *The near non-existence of internal licensing (WMG has the potential of supplying (exclusively) media to its sister divisions, thus having a massive effect on Warner Brothers as a whole)
    6. *A hefty reliance on publishing royalties to pay the bills
    7. *WMG continues to view artists as product rather than business partners.
  • Monday, December 17th, 2007 | Posted in Special Features | No Comments »
« Previous Entries