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So far this year, track sales are down 1.3% as of March 31, according to Nielsen SoundScan. Against that, album sales totaled 74 million during the first quarter, down from 77.8 million units, a drop of 4.9%. But consumer are clearly migrating to the web, as digital album sales jumped 10.4% to 32.5 million units from 29.4 million copies
Facebook is unveiling a new Android product today, a move that comes as a fast-growing number of its 1.06 billion users access it on smartphones and tablet computers. Last year, the company began showing ads to its mobile audience by splicing corporate sponsorships and content into users' news feeds, which also includes updates from friends and brands they follow. Among the challenges Facebook faces now is showing people mobile ads without annoying or alienating them.
JUSTIN BIEBER, TAYLOR SWIFT, BRUNO MARS, MIGUEL TO PERFORM AT BILLBOARD MUSIC AWARDS
Justin Bieber, Taylor Swift and Bruno Mars, who have all topped the Billboard 200 in the past year, as well as critically acclaimed R&B stylist Miguel, are each set to perform at the 2013 Billboard Music Awards, airing live on ABC from the MGM Grand Garden Arena in Las Vegas on May 19. Prince, as previously announced, will also perform.
European media conglomerate Bertelsmann has confirmed its plans to sell off a minority stake in broadcast giant RTL Group, a move that could raise as much as $2.5 billion (€2 billion) for future acquisitions. CEO Thomas Rabe has highlighted digital media, the Asian market and content production as three areas where Bertelsmann needs to grow. Rabe has overseen a number of major acquisitions, including the buyout of KKR for music publisher BMG and the merger of Bertelsmann's Random House with Penguin.
JAY-Z AND ROC NATION SPORTS: WHAT ARE ITS PROSPECTS? EXPERTS WEIGH IN
Jay-Z and Roc Nation’s move into sports agency, in association with CAA, sees two of the biggest names in entertainment joining forces with one of the biggest names in sports, the Yankees’ Robinson Cano, the new firm’s first client. But the power merger opens up more questions than it answers – experts weigh in.
ReDigi's technology for selling used digital music files was found to be in violation of copyright law. The company claims a newer version of its technology will pass muster. Either way, the resale of digital goods may be here to stay.
Justin Timberlake's 'The 20/20 Experience' easily spends a second week at No. 1 on the Billboard 200, selling 318,000 copies, according to Nielsen SoundScan -- more than 100,000 ahead of the No. 2 album, the debuting 'I Am Not a Human Being II' from Lil Wayne. Meanwhile, Macklemore & Ryan Lewis’ 'Thrift Shop' logs a sixth total week at No. 1, after spending five weeks at No. 2 while Baauer's 'Harlem Shake' reigned. Alt-rockers Imagine Dragons and pop newcomer Ariana Grande, meanwhile, roar into the top 10.
Strong growth in digital and online services helped push royalty revenues collected by PRS For Music in 2012 to £641.8 million ($971.8 million) – a 1.7% rise on the previous year’s total, according to the U.K. collecting society’s latest financial results, which were published today (Apr. 4).
Spotify has yet to launch in an Asia or Latin America market but is hiring the staff required to operate in two markets in each regions. The company currently has job openings posted at its website for numerous positions in Hong Kong, Singapore, Brazil and Mexico.
On-demand music subscription service Rdio announced the launch on Wednesday of Vdio, a video service that streams movies and TV shows. Vdio (pronounced vee-dee-oh) becomes the first video service offered by a standalone company that also offers an on-demand music subscription service.
If Justin Timberlake's new album, " The 20/20 Experience" holds for a third week at No. 1, it will be the first set to spend its first three weeks at the top since "Red" did so on the charts dated Nov. 10 through Nov. 24, 2012. The set could sell in the range of 150,000 to 170,000, Billboard estimates.
BLACKBERRY PULLS THE PLUG ON BBM MUSIC SERVICE AFTER LESS THAN TWO YEARS
It seems like just the other day, BlackBerry (then RIM) was taking the wraps off its BBM Music streaming service, but 20 months later it’s already a wrap. In an email to subscribers, the company announced that BBM Music will be discontinued as of June 2nd, pointing customers to Rdio and offering them a free 30-day trial of the replacement service. The idea might have been successful when BBM was a major networking platform, but by the time the music service launched in August of 2011, BlackBerry sales were already declining, and its signature messaging service was losing whatever cachet it had among young music listeners.
Amazon announced that it will expand its recently launched service called Amazon AutoRip to support vinyl records in addition to CDs. AutoRip, for those unfamiliar, was launched in January, as a way to offer Amazon customers free MP3 versions of any CDs they had purchased from the site since the launch of its Music Store back in 1998. Going forward, any physical disc purchased on Amazon now comes with a free digital copy which is placed in your also free Amazon Cloud Player – the digital copies of your purchased tracks don’t count against your free storage totals here.
Along with the flagship festival at the Las Vegas Speedway, Insomniac’s Electric Daisy Carnival empire also has a home in New York. ‘The Experience’ is set to return to the city on the weekend of Friday 17 and Saturday 18 May, and the line-up has just been announced. With the names arranged in alphabetical order, there’s no obvious headliner hierarchy, but you can expect the likes of Afrojack, Dash Berlin, Calvin Harris, Steve Angello and Eric Prydz to pull the crowds in. The Carl Cox and Friends arena is there as well, alongside Richie Hawtin presenting ENTER, plus drawcards like Porter Robinson, Chuckie, Loco Dice, Seth Troxler, Headhunterz and Nicky Romero.
In The Mix
Best Buy Co. has figured out what to do with some of the empty space in its cavernous stores: Turn it over to Samsung. After what it says was a successful experiment Lewisville, TX, a town north of Dallas, the struggling consumer-electronics retailer has decided to carve out prime real estate near the front of its stores to create Samsung-operated boutiques.
Wall Street Journal
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