LISTEN
HOWL
IDOBI RADIO
ANTHM
LISTEN ON THE IDOBI APP
News

The recording industry's off-key strategy


Ten years ago, as the Internet began to mushroom in popularity and emerging technologies enabled consumers to make nearly perfect copies of digital content, the recording industry embarked on a two-pronged strategy in response to the changing business environment. First, it emphasized copy-control technologies, often referred to as digital rights management (DRM), that many in the industry believed would allow it re-assert control over music copying. Second, it lobbied the Canadian government for a private copying levy to compensate for the music copying that it could not control. While the industry’s approach proved successful on the legal front — the… Read more »

News

Why record companies fear Apple


“We have been wrestling with the issues around interoperability for some years and have concluded that it is not so much a technology problem as a business problem,” wrote the consortium to Jobs. No kidding? And all along the world at large thought downloading DRM-free MP3 files presented huge technical issues. Seriously though, late last year Apple itself gave a few of us media folk a glimpse of why record companies fear the computer turned consumer electronics company. At the Apple Australia Christmas party in Sydney, a young band treated us all to a couple of songs. They were pretty… Read more »

News

EMI in Talks to Sell Unprotected MP3s


Music company EMI Group PLC – home of The Rolling Stones and Coldplay – has been talking with online retailers about possibly selling its entire digital music catalog in MP3 format without copy protection, the Wall Street Journal reported Friday, citing numerous people familiar with the matter. The MP3 format, which can be freely copied and played on virtually any device, would allow consumers to play music purchased from any online store on any digital music device. Currently, music purchased at Apple Inc.’s iTunes Store, for example, is wrapped in Apple’s proprietary version of Digital Rights Management technology known as… Read more »

News

Warner Music Group 1Q Earnings Plummet


Warner Music Group Corp., home to recording artists such as Red Hot Chili Peppers, James Blunt and Daniel Powter, said Thursday its first-quarter profit fell 74 percent due to fewer albums released during the period and soft domestic and European sales. Its shares fell nearly 5 percent. The New York-based recording company said net income declined to $18 million, or 12 cents per share, from $69 million, or 46 cents per share, during the same period a year ago. Total revenue fell 11 percent to $928 million from $1.04 billion during the prior-year period. Analysts polled by Thomson Financial expected… Read more »

News

Apple's Jobs calls for DRM-free music


In a rare open letter from CEO Steve Jobs on Tuesday, Apple urged record companies to abandon digital rights management technologies. The letter, posted on Apple’s Web site and titled “Thoughts on Music,” is a long examination of Apple’s iTunes and what the future may hold for the online distribution of copy-protected music. In the letter, Jobs says Apple was forced to create a DRM system to get the world’s four largest record companies on board with the iTunes Store. But there are alternatives, Jobs wrote. Apple and the rest of the online music distributors could continue down a DRM… Read more »

News

Downloads drive Detroit to update audio systems


Struggling U.S. auto manufacturers are hoping music will do for them what it did for Apple after the introduction of the iPod — make them cool. And in so doing, they aim to attract a new generation of car buyers who expect digital entertainment at all times. Two-thirds of 2007-model cars will enable users to connect MP3 players to factory-installed stereos. Leading the charge is Ford Motor, which at the Detroit Auto Show January 9 introduced a new factory-installed, in-car communications and entertainment system called Sync, developed in partnership with Microsoft. While auto manufacturers have offered iPod-integration kits as a… Read more »

News

Music Downloads Double in 2006, Fail to Offset Piracy


A surge in downloaded songs and mobile-phone ringtones failed to make up for declines in sales of compact discs last year, an industry group said. Music downloads almost doubled to about $2 billion last year, accounting for about 10 percent of the industry’s global sales, the International Federation of the Phonographic Industry said in a statement today. While that’s up from 5.5 percent in 2005, it’s still not enough to offset the revenue lost due to piracy and declining sales of physical media such as CDs. “I would like to be announcing that a fall in CD sales is being… Read more »

News

Universal Music Eyes Cut Of iPod Sales


LOS ANGELES – Universal Music Group CEO Doug Morris resents that MTV and other cable music channels built multibillion-dollar businesses around videos given away by record companies anxious to promote their artists. So when he saw his own grandson watching 50 Cent’s “In Da Club” video on Yahoo, it got him asking: “How much are we getting paid for that?” The answer – nothing – led Morris to pull all of Universal’s videos from the giant Web portal until it agreed to a licensing deal in 2005. He wrangled similar arrangements from Time Warner Inc.’s AOL and other Internet portals… Read more »

News

iTunes to sell short films from Sundance


Nearly half of the short films being screened at this month’s Sundance Film Festival will be available for purchase at Apple’s iTunes store under a deal announced Friday. The digital downloads will supplement the free streaming at Sundance’s Web site, which will offer the shorts for only a three-month period beginning Jan. 18, the start of the festival in Park City, Utah. The iTunes downloads are expected to be available for three years and once purchased will play for at least the life of the owner’s computer. “Streaming on our site is not the same as owning, and there seems… Read more »

News

Phone Shows Apple’s Impact on Consumer Products


SAN FRANCISCO – Apple’s new iPhone appears to be the clearest statement yet of what Steve Jobs’s impact has been on consumer electronics. It is not that he invents new technologies. He refines existing ones. Mr. Jobs himself acknowledged that when asked during an interview on Tuesday whether he thought the iPhone represented a trend toward the convergence of computing and communications. “I don’t want people to think of this as a computer,” he said. “I think of it as reinventing the phone.” If the iPhone succeeds commercially, it will be new proof of Mr. Jobs’s power and influence over… Read more »

COOKIE NOTICE
We utilize cookie technology to collect data regarding the number of visits a person has made to our site. This data is stored in aggregate form and is in no way singled out in an individual file. This information allows us to know what pages/sites are of interest to our users and what pages/sites may be of less interest. See more