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REWIND: 50 Million Digital Albums Sold In UK, we7 Losses, Arcade Fire, Weezer, Spotify, Apple & More

image from media.scout.com The music industry started the week out with news that Anonymous engaged in more DDos attacks over the weekend which took down Ministry of Sound's site.  Tim Westergren, founder of Pandora, confided that the site's registered userbase has reached 65 million. UK music streaming service we7 has disclosed a £3.66m loss for 2009. Telegraph has a great commentary on why music start-ups don't make any money. Also, the police have arrested the opperator of Mulve downloading app in UK. Some aren't sure why they did so, arguing that Mulve is really just a search tool.

Rewind With Hypebot's Music Industry Week In Review:

News:

  • UK digital album sales have topped the 50 million mark. They did so half a year faster than CDs
  • A singer wrote in and posed the question if AT&T had copied her music video concept. The readers voted no.
  • In an interview with Pitchfork, Arcade Fire lamented that the major labels have lost their way.
  • Jingle Punks has released a licensing app for the iPad; some have called it a game changer.
  • Music intelligence firm The Echo Nest has raised $7 million in venture financing.
  • UK based we7 has posted losses at upwards of £3.66 million; it highlights the struggles in music streaming.
  • Lupe Fiasco takes aim at Atlantic Records, 360 deals, as well as, label threats and creative interference.
  • Ex-fans of Weezer are banding together to raise $10 million in hopes that they’ll never record music again.
  • In the backdrop it appears as though Apple has been plotting against Spotify and planning their own service.
  • In a heated letter addressed to Def Jam, Nas says that they won’t pay him for his album.
  • This week the FMC Policy Summit took place. Good quotes are here, here, and here.

Views:

  • Hypebot interview Lee Parsons from DittoMusic; here’s a look at part one and two.
  • For how concerned we seem about the future of music, you'd be surprised that more people aren’t talking about it. Bylin says more people should join in.
  • Bloated copyright laws will make sure America's rich musical heritage is forgotten forever.
  • CD Baby asks, what do you really think about the piracy issue
  • Hypebot explores the paradox of reversible decisions and how file-sharing has changed music ownership.
  • A look into the debate about whether or not music sucks and how it’s hard to savor it when distracted. 
  • Is downloading music an event to be remembered or not as much as buying it in a store
  • Cory Doctorow, co-editor of Boing Boing, says that most ways that artists try to make money will fail.
  • Wayne Rosso, a columnist at The Music Void, says that the record labels have killed their digital future.

 


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