More Music Industry News: EMI + Brightcove, US Ponders Net’s Future, Twitter Ads, Real & More
The music industry action shifts to Austin this week where the Film and Interactive portions of SXSW are underway. The music segment will heat up as the week progress and Hypebot will have coverage with some extra help from Mark Lourie and Patrick May from our sister company Skyline Music.
- Today at SXSW 2010, Brightcove announced that EMI will use its online video publishing and syndication platform in North America to publish, distribute and monetize video content across its website properties and to some third party syndication partners. EMI's deal with VEVO is non-exclusive.
- A look inside a struggling EMI: "Can Katy Perry stop EMI going to US bank Citigroup for a song?" Billions of pounds of
debt, the internet and piracy are crippling one of Britain's most
iconic firms. (Guardian)
- The U.S. government is expect to release a new road map for greater internet access at much faster speeds that could effect how music and all media is consumed for decades. (Billboard)
- Twitter is expected to unveil is plans for an advertising platform today at SXSW. (TechCrunch) There's going to be opportunity here people.
- Wireless home entertainment system manufacturer Sonos added $25 million more in VC funding to its war chest. (paidContent)
- RealNetworks: A tale of opportunities missed. (CNet)
- Max Hole has been promoted to Chief Operating Officer of Universal Music Group International (UMGI). The London-based appointment was announced today by UMGI Chairman/CEO Lucian Grainge, to whom he will report.
- Take your royalty checks, SoundExchange begs. - Money is piling up from digital music streams, and the nonprofit has to track down artists who don't know. Then it has to convince them it's not a scam. (LA Times)