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CDs Purchases Down, Video Games Help Sales
(PC Magazine)
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PC Magazine - Sales of physical CDs continued to decline in the third quarter while digital download sales saw a small uptick, according to data from NPD Group. Artists who participated in music-based video games, meanwhile, also saw a bump in album sales.
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Good news for Project Playlist: Sony BMG strikes deal
(CNET)
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CNET - Project Playlist has struck a deal with Sony BMG to bring the label's catalog to its streaming-music service. It's the first major-label deal for Project Playlist, which recently brought former Facebook exec Owen Van Natta on as CEO but has been dealing with legal problems that have seen its widgets banned from social network MySpace.
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Zavvi files for bankruptcy protection
(AP)
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AP - Britain's economic downturn claimed another prominent retailer Wednesday as music, games and DVD retail chain Zavvi filed for a form of bankruptcy protection, blaming the collapse of the Woolworth Group's distribution arm.
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Behind the YouTube, Warner divorce
(AFP)
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 AFP - YouTube and Warner Music Group are getting a divorce in a split which illustrates some of the difficult issues facing the recording industry in the digital era.
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Music stars' digital strategies still in flux
(Reuters)
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 Reuters - It's been more than five years since Apple's iTunes store changed music retail by introducing single-track digital downloads. But it wasn't until 2008 that most musicians and labels started to wonder out loud whether selling music by the track is good for their bottom lines.
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AFP - Japan's Toshiba Corp. said Tuesday that it was slashing its production of NAND flash memory chips -- used in iPods and other digital music players -- by 30 percent as the economic crisis hits demand.
Reuters - Warner Music Group ordered YouTube on Saturday to remove all music videos by its artists from the popular online video-sharing site after contract negotiations broke down.
AP - Gov. David Paterson's first state budget threatens to affect just about every New Yorker. Even those online.