Search Results for: Record Store Day

If anybody can get Internet music downloads right, it should be Sony Corp. The company has years of experience selling records, consumer electronics and personal computers – and it’s had plenty of time to study earlier digital-music ventures. So how could the Connect music store, unveiled on Tuesday, have turned out so badly? It gets a few things right, but by forgetting that customers want to feel like they actually own their music, it repeats – or exceeds – the mistakes of other music stores. Let’s start with compliments: Sony does more than any other service to bring down the… Read more »

Apple Computer Inc. on Friday flatly denied a report that the computer maker was planning to raise prices for songs bought on its popular iTunes online music store. “These rumors aren’t true,” said Apple spokeswoman Natalie Sequeira. “We have multiyear agreements with the labels and our prices remain 99 cents a track.” Apple’s statement came after the New York Post reported on Friday, citing one unnamed source, that music fans may have to start paying more for some songs on Apple’s music store following contract renegotiations with the record labels ahead of the one-year anniversary of the store. Since the… Read more »

Sony (SNE) aims to take on industry leader Apple (AAPL) starting Tuesday with an online music service whose songs will play only on Sony products. Internet analysts are scratching their heads, especially because the digital download service – called Connect – is geared toward supporting Sony’s MiniDisc, a 13-year-old format that has never hit big. But some retailers say sales of MiniDisc players perked up in the two years since Sony added the ability to record digital music onto them. And Sony will introduce an offshoot of the MiniDisc in June, offering more storage at a lower price than competitors.… Read more »

What’s up with iTunes? At the ripe age of 1, the innovative market solution for legal music downloads has brought almost $70 million into Apple Computer’s coffers while reinventing commercial music choices for consumers. Other music retailers, including the behemoth known as Wal-Mart, have taken notice and followed suit. CDs? So yesterday, Dude. Before iTunes, the mushrooming problem of illegal downloads seemed, at least to the music industry, a challenge to its existence that could only be addressed by going after downloaders – like the University of Minnesota students last week – still being pursued. The iTunes bridge hasn’t ended… Read more »

Universal Music Group will raise the suggested retail price of its CDs by $1 to improve profit margins for merchants after many balked at the company’s push to slash prices, a source familiar with the plan said Friday. The move could leave consumers paying about $11 for a popular CD. Universal’s new suggested retail price will be $13.98, but most retailers typically charge less than that amount. UMG is the world’s biggest record conglomerate, with artists that include U2, Eminem and Shania Twain. Its move comes just three months after the company cut wholesale prices and reduced its suggested retail… Read more »

A legal battle between The Beatles’ record label Apple Corps and Apple Computer, which is to be heard in the High Court in London, is the latest move in a trademark dispute spanning 24 years. Their claims to the “Apple” name and logo will be heard in an English court, rather than in the US as requested by the computer firm. The latest clash came after Apple Corps claimed Apple Computer’s iTunes music store – which enables users to download songs to a computer or portable player such as the iPod – breaches an agreement between the two firms. But… Read more »

Figures. Guns N’ Roses reunites and then things go kabooey. Axl Rose reteamed with original Gun mates Slash and Duff McKagan for the purpose of a lawsuit against Geffen Records. The trio was trying to halt the label from releasing a greatest hits collection. In their lawsuit filed in U.S. District Court in Los Angeles, the Gunners sought a preliminary injunction against Geffen, a subsidiary of Universal Music Group, accusing the company of failing to consult with the band on the tunes, artwork and remixing of Greatest Hits. But a federal judge on Monday deep-sixed Axl & Co.’s call for… Read more »

Music industry insiders don’t hesitate to throw around weighty phrases like “paradigm shift” and “irrevocable change” when they discuss the current state of affairs in the American music business. Industry representatives met Thursday to hash out the latest developments and chart the course for their business as the South by Southwest Music Conference began in Austin. “People talk about how the record industry isn’t doing that well,” said Walter McDonough, a lawyer with Washington-based Future of Music Coalition. Still, he said, the music business is working in an entertainment industry that has recently developed three fast growing mediums: DVDs, digital… Read more »

Trademark rivalry between Apple Computers and Beatles company Apple Corps re-emerged in court today in a clash over the computer giant’s iTunes online music store. London-based Apple Corps, owned by Sir Paul McCartney, Ringo Starr and the widows of John Lennon and George Harrison, is suing the United States computer company for allegedly breaching the terms of a 1991 peace pact signed after a long-running multi-million pound trademark war. ple Corps claims that the use of the Apple name and logo to promote music products through the iTunes facility – which enables computer users to download and save thousands of… Read more »

Just as sound bites get reworked into tunes that multiply over the Internet – Remember all the songs based on Howard Dean’s yelp? – a widely seen TV ad is getting the hack-and-slash treatment. The target is Pepsi’s current promotion giving away 100 million free song downloads from Apple’s iTunes Music Store. The company promises one in three bottlecaps on certain Pepsi products carries a code for a free iTunes download. Pepsi is airing a 45-second spot featuring 16 crestfallen music downloaders who have been sued by – and settled lawsuits with – the record industry for illegally snagging songs… Read more »