I've been slow in posting of late as I've been crushed at work and had to deal with moving flats and all of the attendant logistics headaches, not to mention that I haven't had internet access at home yet. But there have certainly been some interesting developments in digital music and some quick thoughts on each:
- Imeem opens up its platform. This is different because they actually have the content. It's what the labels should be doing directly but Imeem is a proxy and, as rumor has it, at least some of the labels get some equity so participate from upside. The rumors also have it that Imeem's licensing rate is cost prohibitive. If true, it will be hard to build a real business. But it's good that it's now become easier to ask permission.
- EMI hires a head of digital from Google. Always good to have new blood when you're industry is experiencing a rapid shift.
- MySpace Music - a JV with the labels. More details to come, and something I've known about for a while but, again, a good move by the labels to hedge their bets. Sounds like it will compete directly with Imeem.
Interesting times.
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