Trent on TVT: Trent posted ‘Not ALL news about the music industry is bad these days’ in regards to TVT filing Chapter 11. Check out the series of comments posted from fans following trent’s comment.

Irving Azoff Explains: Why did manager, Irving Azoff, decide to release The Eagles CD exlusively through Wal-Mart?

“The Wal-Mart circular goes to 85 million households. There are 140 million people per week shopping at Wal-Mart. And with the Internet, people are just as happy to go online to buy a CD”.

“The Eagles are making on sales of [now] 8.5 million albums around the world, it pales in comparison to the touring revenue. The business is going to have to wake up and realize that recorded music sales are an ancillary business”. (New York Post)

iTunes more popular than illegal file sharing? A recent report from market research company NPD Group shows that purchasing music from Apple’s iTunes Store is more popular among 9 to 14-year-olds than illegally downloading music over the Internet. NPD said that 70 percent of tweens are now using legal means to download music. Regardless, the issue of illegally sharing music is still strong.

The breakdown according to the report…

iTunes = 70%
LimeWire = 26%
MySpace = 16%

Idol Performances Available on iTunes: Idol fans now have the opportunity to buy downloads of every performance from the top 24 semifinalists on iTunes. Full songs will be $0.99, while full videos of the final 12 contestants will be $1.99, starting March 12.

The Viper Room Sold: The world famous Viper Room on L.A.’s Sunset Strip has been sold to Harry Morton, entrepreneur and founder of Pink Taco Mexican Restaurants. No worries though. “I want to make it real clear that I have no intentions of remaking the brand. If it ain’t broke, don’t fix it,” says Harry Morton.

Recommended Listening: Check out the video ‘Burning Up For You‘ by
Karate High School. The band released a full length record ‘The League Of Tomorrow’ in September 07. Tour dates can be found on their myspace.