Morning Fix: Sony CEO, eMusic, at CES; Kickstarter's $320 Million; Facebook's Mysterious Event

Morning Fix: Sony CEO, eMusic, at CES; Kickstarter's $320 Million; Facebook's Mysterious Event

Morning Fix: Sony CEO, eMusic, at CES; Kickstarter's $320 Million; Facebook's Mysterious Event

MUSIC, GAMES LEAD KICKSTARTER'S $320 MILLION IN 2012 PLEDGES: Kickstarter received $319.8 million in pledges from more than 2.2 million people in 177 countries in 2012. Music had more successfully funded projects -- 5,067 out of 9,086 attempts -- than any other category in 2012. Musician Amanda Palmer had one of the 17 projects that raised more than $1 million in 2012.

BUSINESS MATTERS: PANDORA FINDS BIG ROYALTY SAVINGS IN AUSTRALIA AND NEW ZEALAND: Pandora doesn't get much revenue from Australia and New Zealand, but it's content costs in those markets are just a fraction of those in the U.S. Content costs as a percent of revenue will not exceed 25% in Australia and New Zealand, Pandora CEO Joe Kennedy said Monday at the Citi Global Internet, Media & Telecommunications Conference; while in the U.S. those costs are north of 60%.

CES 2013. DAY ONE: SONY CEO COMMITS TO CONTENT; EMUSIC BROADENS BUSINESS MODEL; WILL.I.AM'S GEEKY SIDE: The first day of 2013's Consumer Electronics Show was a full one: Sony CEO Kazuo Hirai discussed his underperforming company's future; eMusic announced its plan to double revenue; and flashed his geeky side during a panel about innovation and entrepreneurship. You can read about it all on our CES blog here.

U2'S THE EDGE, MUSIC RISING ANNOUNCE AID TO SCHOOL MUSIC PROGRAMS AFFECTED BY HURRICANE SANDY: Music Rising, the group founded by U2's The Edge, Gibson Guitar CEO Henry Juszkiewicz and producer Bob Ezrin, has now turned its attention to areas affected by Hurricane Sandy.

INTOCABLE'S RICKY MUNOZ SIGNS TO SESAC LATINA: Ricky Muñoz, leader , founder, accordionist and vocalist of the award-winning group Intocable, has signed with SESAC Latina for representation of the public performing rights of his songs . The deal covers all territories worldwide except Mexico.

VIRGIN MEGASTORE FRANCE OFFICIALLY FILES FOR INSOLVENCY: Retail Virgin Megastore France will formally declare itself insolvent on Wednesday. The curtain-call for the chain is seen as the latest casualty of the industry-wide slump in CD and DVD sales as consumers download more film and music online. The filing, the first step towards a possible court-ordered company restructuring in France, coincides with the start of winter clearance sales in a difficult economic climate

FACEBOOK INVITES MEDIA TO MYSTERIOUS EVENT AT HQ NEXT WEEK: Facebook has invited media to its Menlo Park, Calif., headquarters next week to unveil something new -- exactly what, though, is unclear. The social networking giant sent out invitations to the media this afternoon for an event on January 15 at 10 a.m. PT. The only clue as to what's to come are the words, "Come and see what we're building." At a similar event a year-and-a-half ago, Facebook unveiled a partnership with Skype.

UK GOV'T MAY RAISE LIVE MUSIC ACT THRESHOLD: The British government has issued a new proposal to raise the Live Music Act audience threshold from 200 to 500 in on-licensed premises. The proposal comes in a response from the Department for Culture, Media and Sport to its report on entertainment deregulation. Also among the conclusions of the response is the decision to treat recorded music in the same way as live music in on-licensed premises between 08:00 to 23:00 (i.e. with an audience limit of 500 and the prospect of a review if noise nuisance is caused).
Music Week

LUKE BRYAN TO JOIN BLAKE SHELTON AS ACMS CO-HOST, SHOW SET FOR APRIL 7 : Luke Bryan is joining Blake Shelton to co-host the 2013 Academy of Country Music Awards. The Academy also said that this year's show will be held April 7 and Brad Paisley will host the ACM Fan Jam, a satellite event held simultaneously with the awards show. Bryan replaces Reba McEntire. She served as host for more than a decade before stepping aside to concentrate on her new sitcom "Malibu Country."

APPLE WORKING ON A LESS-EXPENSIVE IPHONE: Apple Inc. is working on a lower-end iPhone, according to people briefed on the matter, a big shift in its corporate strategy as its supremacy in smartphones has slipped. While Apple has explored such a device for years, the plan has been progressing and a less expensive version of its flagship device could launch as soon as later this year, one of the people said.
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Additional reporting by Lars Brandle, Brisbane

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