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U.S. digital sales continue to be under pressure. In the third quarter, the digital track sales decline accelerated and now the slowdown of digital album sales growth is beginning to seep into red.
Digital music service Rdio is launching its free Internet radio service in the U.S., Canada and Australia on Thursday.
Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion.
In the same week Lorde rises to the top of the Billboard Hot 100 with her smash single "Royals," she also debuts on the Social 50 chart.
The U.K. is on track to set a new singles sales record in 2013 as a third release of the year is nearing the milestone of a million copies sold, according to the Official Charts Company. Robin Thicke’s "Blurred Lines" feat. TI and Pharrell Williams and Daft Punk’s "Get Lucky" feat. Nile Rodgers are the biggest-selling singles in Britain as of the end of the third quarter, it said Thursday.
Muve Music, the on-demand music subscription service of Cricket Wireless, has surpassed two million subscribers in the United States. The figure covers only the United States and does not include any subscribers acquired by the Muve-powered subscription service of Brazilian mobile carrier TIM.
"One of our top priorities is to bring iTunes Radio obviously here in the U.K. but everywhere in the world," said Apple exec Eddy Cue said last week in an interview from London. "We certainly want to be in more than 100 countries."
Rdio’s announcement Thursday that its app users can enjoy free radio shows free music is an powerful force. From YouTube, the world’s biggest jukebox, to freemium subscription services and Apple’s free-of-charge iTunes Radio, digital music services clearly see the value in free.
Sasha Spielberg, 23, and Theo Spielberg, 25, also make up band Wardell (a pet name from mom Kate Capshaw) are signed through U.K.'s National Anthem label and will put out an album sometime in 2014.
The Hollywood Reporter
Rick Ross’ Maybach Music Group is apparently facing a lawsuit from a London promoter. TMZ is reporting that Ross, Meek Mill, Wale, Omarion, and Stalley were supposed to perform at a Wembley Arena concert on September 12, 2012, but the entertainers attempted to have the show postponed.
Twitter finally opened the kimono on Thursday, showing the world its bottom line for the first time as it filed for an initial public offering. And, truth be told, the show wasn’t that impressive — especially if you watched Facebook perform the same fiscal kabuki before it went public last year.
Thom Yorke has once again taken aim at Spotify in response to a phenomenon in streaming audio that the Radiohead and Atoms for Peace frontman says is "bad for new music." He and producer/bandmate Nigel Godrich shard their complaints 140 characters at a time via Twitter back in July, pulling their various non-Radiohead catalogs from the service in the process.
Morrissey's autobiography is to be published later this month after the former Smiths singer resolved a dispute with his publisher that had threatened to derail the book's release.
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