To Your Inbox HERE
U.S. album sales have hit new historic lows over the last five weeks marking the longest consecutive stretch in the SoundScan era that the industry has gone without scanning more than 5 million units. In fact, in the last two weeks, album sales hit consecutive record lows. Which begs the question, is it the summer doldrums, streaming's rise, dwindling catalog sales or all three?
In an effort to make its platform more useful to its top creators, YouTube on Thursday announced it will soon open its paid subscription option to more video channels and give them tools to find out more about their viewers and message them directly.
Freestyle Capital led the venture round, which also included investments from Charles River Ventures, Atlas Venture, Rothenberg Ventures and SV Angel. In addition, the tiny Menlo Park, Calif., startup received angel funding from Reddit Co-Founder Alexis Ohanian, Tyler Willis and Y Combinator Partner Garry Tan.
The award is being bestowed to "Barack Obama vs. Mitt Romney", a video in the Epic Rap Battles series that is also available as a digital track download on iTunes and Amazon.com's MP3 store and through streaming services such as Spotify, Rdio and Xbox Music. But it was primarily the video's 71 million YouTube views that earned the song its Gold.
Investors include Scott Schreer, the Chief Executive of TuneSat, Tom Cohen of PTC Advisors, serial entrepreneur Jonathan Siegel and Chris Woods, TuneSat’s Chief Operating Officer.
The decision to sell the t-shirts came about because of the large number of bootlegged Minor Threat shirts that had been circulating. "It's fucking absurd the amount of bootlegs are out there [and] my time is better spent doing other things," the musician told the Washington City Paper. "It's not a political thing for me -- I just don't give a fuck about t-shirts."
Social music service Turntable.fm has debuted its first attempt at monetization. Called Turntable Gold, it gives subscribers a premium level of service with features not available to other users.
Talking Heads, Television, Richard Hell & the Voidoids, the Dictators and other bands that played significant roles in the New York rock ‘n’ roll scene of the mid-1970s will appear on “CBGB: Original Motion Picture Soundtrack” that Omnivore Recordings will release on Oct. 8.
Perhaps it's the first week of August, 1958, when the top song in America was — the first No. 1 song ever on the Billboard Hot 100. The week Billboard launched what would become the premier singles chart in America, the list was led by the smooth-as-milk Nelson, acting the part of a player who'd met his match—bewitched by a woman who, it turns out, is even faster than he is.
Russian officials are considering prosecution against Lady Gaga and Madonna after discovering they entered the country under incorrect paperwork.
Can a service built on the completeness of its catalog survive if there are gaping holes in its collection?
STOP THE PRESSES!
- Man Tries to Smuggle Turtle Onto Plane by Hiding It in a Hamburger
- Save Ferris Singer Monique Powell Rips Ex-Band Members -- It's My Band Now, Bitches