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New Report Shows How Much Record Companies Are “Investing In Music” March 10, 2010

Posted by David W. King in Uncategorized.
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Record companies, large and small, invest around US$5 billion a year in music talent, support a global roster of thousands of artists and typically spend US$1 million to break successful pop acts in major markets.

The figures are published in a new report issued today highlighting the work of major and independent record companies as the principal investors in artists’ careers. Advances, recording, marketing and promotional costs are the biggest items of record company spending on artists, commonly totalling six figure sums.

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Consumer Focus On Consumers Awareness Of Legal Online Music Retail Options March 10, 2010

Posted by David W. King in Uncategorized.
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Consumer Focus sees the growth of the legal online music market as the best way to tackle online copyright infringement, but new research from the consumer champion shows how the music industry is failing to promote the many legal alternatives.

The research released today shows that four in ten people are unable to name a single online music service at all (more…)

Prestigious Beijing Student Film Festival Partners With Video Site Youku To Collect Short Movie Entries Online And Establish New Web Awards March 10, 2010

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Youku, China’s leading Internet video website, announced its official sponsorship of the Beijing Student Film Festival. The festival, now in its 17th year, highlights the original works of college students and has traditionally been an influential platform and a launch pad for careers in the Chinese film industry. Youku, as the only recognized official online sponsor and the first video site to partner with the Festival, will provide for the first time an online platform where participants can upload and share their applications with all Internet users — and compete for the brand new Web Awards.

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BPI Responds To UK Internet Lobby On Digital Economy Bill Amendment March 10, 2010

Posted by David W. King in Uncategorized.
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In a letter published in the Financial Times, the UK’s major ISPs joined forces with Internet giants Google, eBay, Facebook and Yahoo to publicly demonstrate their opposition to a recent House of Lords amendment to the Digital Economy Bill.

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Digital Music Services Could Earn UK ISPs £100m By 2013 March 10, 2010

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Digital music services could generate more than £100m of potential direct revenue for UK ISPs by 2013 according to a new study1 conducted by global industry analyst Ovum, commissioned on behalf of the BPI has found. (more…)

Record Union Teams Up With Wawawa To Support Independent Artists March 10, 2010

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Email: press@recordunion.com
Website: http://www.recordunion.com/
Global digital distribution service Record Union has struck a deal that will make it straightforward for independent artists to add their works to wawawa, China`s leading online independent music store.

Record Union is a fully online service, with all distribution done directly via their website. By offering all artists simple and efficient distribution to the world`s leading music stores, they hope to remove many of the barriers that have previously existed within digital distribution.

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