| SPOTIFY PRICING STAYING PUT:
Spotify is set on its current prices as reports circulate its working on a browser-based version of its subscription service. Well, for the most part. Sources tell Billboard.biz there is no indication Spotify plans to deviate from the industry standard pricing structure of $5/$10 per month for PC/mobile access.
| UNIVERSAL MUSIC-EMI: VIVENDI CONFIRMS PAYMENT, BUT STATUS OF DEAL IS STILL UNCLEAR: Universal Music Group's bid to acquire part of EMI has entered its final phase of regulatory review in Europe, but while UMG parent Vivendi confirmed a first payment required under the deal, the status of European regulators' thinking about it remained unclear.
YOUTUBE FINALLY LAUNCHES IPHONE APP WITH BETTER DISCOVERY, SOCIAL SHARING, MUSIC VIDEOS - AND ADS! YouTube just announced a new official version of its iPhone app on the Apple App Store. The name of the game here is monetization. For the first time in a native iOS experience, Y ouTube will show pre-roll adds ahead of its mobile videos. That's the bad news. The good news is that with more monetization comes more content.
GOOGLE ADDS PIRATE BAY DOMAINS TO CENSORSHIP LIST: Google has quietly expanded its list of censored search phrases with the addition of The Pirate Bay's domain names. The blacklist prevents popular keywords from appearing in Google's Instant and Autocomplete search services , while the pages themselves remain indexed. Although Google understands that there is no silver bullet to stop online copyright infringement, the search giant is convinced that the steps they've taken could help to decrease piracy.
RUSSELL SIMMONS PENS LETTER TO JAY-Z ON OCCUPY WALL STREET'S IMPORTANCE
Russell Simmons, Def Jam co-founder and entrepreneur, wasn't too pleased with Jay-Z's comments on the Occupy Wall Street movement featured in the New York Times' T Magazine. Via his GlobalGrind.com, Uncle Rush wrote an open letter titled "Jay-Z is Right 99 Times, But This Ain't One" to his friend, in an attempt to change the Brooklyn rapper's point of view on the movement. The letter began, "As a person who cares deeply about Occupy Wall Street, I have to honor their year-long effort and educate my long-time friend, Jay-Z." Uh-oh…
AEG DROPS MICHAEL JACKSON INSURANCE CLAIM: AEG dropped its claim Monday for a $17.5 million insurance policy for Michael Jackson, just days after e-mails revealed the concert promoter had doubts about Jackson's health at the time they were applying for the insurance. AEG lawyer Marvin Putnam said the move has been in the works for months and is not connected with the controversy over the e-mails. A Lloyds of London underwriter sued AEG and Michael Jackson LLC after Jackson's death, claiming they failed to disclose information about the pop star's health and drug use.
LIVEWIRE MOBILE TO POWER MUSIC SERVICES FOR TWO MAJOR US CARRIERS: Livewire Mobile announced it will be powering digital music download services for two major U.S. mobile carriers: Sprint and Metro-PCA. Livewire Mobile expects the new deals to result in a more than doubling of its 2011 revenues in the 2013 fiscal year.
IPHONE 5 SALES COULD OFFER BIG BOOST TO GDP: The iPhone 5, which Apple Inc. plans to introduce tomorrow, could get credit for something Congress, the White House and Federal Reserve have struggled to do: Boost the U.S. economy in a measurable way. Sales of the new iPhone could add between a quarter and half a percentage point to annualized economic growth in the fourth quarter, J.P. Morgan chief U.S. economist Michael Feroli estimates.
Wall Street Journal
BUSINESS MATTERS: IF SMARTPHONE IS STEPPING STONE TO SUBSCRIPTION GROWTH, U.S. DOING WELL: If the smartphone is the gateway to digital music growth, the United States has got a ton of potential. Data from mobile analytics company Flurry show 165 million iOS and Android devices in the U.S. in July. The country's 78% smartphone penetration rate for adults 15-64 was the fifth highest in the world (behind Singapore, Hong Kong, Sweden and Australia).
LIL WAYNE LAUNCHING LINE OF BEATS HEADPHONES: Rapper Lil Wayne is planning to launch a new line of headphones with super-producer Dr. Dre. Lil Wayne recently celebrated the launch of his own custom Beats line at Playhouse nightclub in Hollywood. Reps said that Lil Wayne's headphone line would go on sale in mid-October, for a limited time only.