Jay Z To Partner With Apple? Rumors are spreading across the net that Jay-Z may launch a new record label with Apple where music releases would take place on iTunes.
Ten Likely Scenarios: Business Week discusses Ten Likely Events in 2008. Among those include CD’s, Social Networking Sites and Web 2.0. – we couldn’t agree more with the prediction.
Facebook Fatigue
Social network fatigue will set in as people tire of getting yet another invitation from so-called friends to join yet another social network. And, in the wake of Facebook’s fumbled social ads initiative, it will become even more apparent there’s no obvious way to pitch products on these sites without turning off members. Social features will wend their way into all kinds of Web services, from search to news, but the gold rush in social networks themselves will begin to wane.
Web Crash 2.0
If a recession finally hits, Web 2.0 companies will find there are neither enough ad dollars out there for all of them to survive on, nor enough big corporate buyers such as Google, Microsoft, and traditional media companies to buy them all out. What’s more, venture capitalists may decide that momentum looks better for clean-tech investments than for Web startups that depend on a cyclical business like advertising. So more will join the “DeadPool,” as the Web startup blog TechCrunch calls its list of failed companies.
Fox News columnnist Roger Friedman brutally ripped into Warner Brothers: “Warner M. Group (the M used to stand for Music, now it’s Millstone) finished Wednesday at a new stock low: $5.81. A year ago, before it was totally pillaged and raped by its owners, WMG was at $23.92. If it were a weight loss program, WMG would be a hot deal. (Suggested name: Weight Management Group.)”
“Recently, one Wall Street analyst downgraded WMG based on declining CD sales and lack of interest in the medium. The analysts don’t seem to get it, so I will spell it out again: WMG’s lack of CD sales is not because of downloading or sudden public apathy about pop music. It’s because in order to gut out remaining revenue, WMG ceased being a music company and simply committed suicide. It’s that simple.” (Full read here)
Lastly..
KOAR will be UNLEASING new artists in the upcoming month. It will be worth the wait…