MORE Indie Invaders / POSTED BY: KINGSOFAR

Internet Changing: Can you imagine the internet becoming obsolete? Well, it may not be far off. The scientists who pioneered the net have built a lightning-fast replacement capable of downloading entire feature films within seconds. At speeds about 10,000 times faster than a typical broadband connection, “the grid” will be able to send the entire Rolling Stones back catalogue from Britain to Japan in less than two seconds.

Blog Till You Drop: The around-the-clock Internet economy that demands a constant stream of news and comment are causing bloggers to go insane. Bloggers complain of weight loss or gain, sleep disorders, and exhaustion which are caused from nonstop strain of producing for a news and information cycle that is as always-on as the Internet.

“There’s no time ever — including when you’re sleeping — when you’re not worried about missing a story,” said Mr. Arrington the co-editor of TechCrunch. The “pay-per-click” economy has put the emphasis on reader traffic and financial return, not journalism.

This Week Sales: R.E.M.’s Acclerate first week sales are expected to top 100k according to Hits. They need it as the band’s relevancy was in jeopardy by having a long period of weak album sales. I’m rooting for R.E.M, I believe the new single Supernatural Superserious is the perfect comeback song to put them back in the public eye.

New Music: South Florida’s hard rock band Stonehigh has posted a brand new track from their upcoming album “This Calling” at this Clear Channel Radio Site. This is quite good actually and a bit refreshing which modern rock desperately needs. The album is due out May 20th, 2008.

Music services pay high price to labels: SpiralFrog, an advertisement supported service, paid more than $3 million in advances to Universal Music Group (UMG) before it went live. Ever since, it has paid even millions more in licensing fees. Imeem is rumored to have paid $20 million in advances and also gave labels equity in the company. “What was once considered a major advance — $500,000 or $1 million — is becoming a $2 million or $5 million advance and really over-the-top requests for equity,” EMI digital executive Ted Cohen said.

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