News Brief: U.S. Music Sales Fell 1.3%, Grooveshark Surprised By Google Snub, Second Internet & More

Hypebot Favicon Hypebot.com posts a roundup of music business news each weekday morning and breaking stories throughout the day. For the latest also also follow @hypebot on Twitter.

  •  U.S. music sales fell 1.3% in the first quarter of 2011 compared to the same period last year, according to Nielson SoundcScan  That's a lot better than the 6.1% decline in the first quarter of 2010.
  • Will Facebook announce a Groupon clone at a press event today? (SAI) More needs to be done to explore how the music industry can use it to sell music, mech and tickets.
  • Stephen K. Friedman has been promoted to president of MTV. He has been general manager since 2008 and will helm MTV, MTV2, mtvU, MTV.com, MTV Hits and MTV Jams.

MORE:

  • The Rise of the “Second Internet” and What It Means. (Gigaom)
  • Commentary: Why the Grammy changes still aren't enough. (HitFix
  • Self-promotion on Facebook correlates with narcissism. (Ars)
  • What Comes First: Depression In Teens Or Emo Music? (NPR)
  • Grooveshark 'surprised' by Google snub. (Cnet)


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