- Lime Wire turns the Table, Sue Record Companies
Lime Wire now charges the record companies with colluding to create a monopoly over the digital distribution of copyrighted music.
- Warner Music Edgar Bronfman calls on EMI investors. He remains focused on the possibility of a deal with EMI.
- Â Apple is waging war against companies that use the word “pod” in product and company names, arguing customers will be confused by what brand they are buying. The action has been fuelled by Podcast Ready company, which has developed software to allow podcasts to be delivered directly to digital music players.
- Barenaked Ladies who have gone indie has topped $970k in gross sales from “intellectual property” during the first week following the release of “Barenaked Ladies Are Me”.
Netwerk’s Terry McBride has been working hard to lead the industry into a new era, one where it views the big picture of overall sales figures rather than the mypoic view of physical album sales alone.
McBride says, “Generating revenue, especially in the artist-run model, is about selling music in various mediums, selling concert tickets, licensing music to TV, ring tones, packed USB drives, etc. That is how success is measured, not by the physical album sales.”