MORE Indie Invaders / POSTED BY: KINGSOFAR

One Down, Dozens More to Go: This week KOAR has been talking about the potential collapse of ad supported models. Music social network Imeem is laying off 25% of its employees and it’s hired investment banker Montgomery to put itself up for sale. Imeem allows streaming and supposably has 30 million users. Yahoo! which relies on advertising for most of its profits plans to fire at least 1,500 workers after a 64 percent drop in its third-quarter profit.

Hells Bells Are Ringing: AC/DC’s new album ‘Black Ice’ which is sold exclusively though Wal-Mart is expected to sell 800k+ copies its first week. This is huge!

Unsigned Omaha rock band Emphatic has been charting for 10 weeks on Billboards West North Central Chart. Check out the track Goodbye Girl.

Ticketmaster will take over Irving Azoff’s music management company and place Azoff as CEO of Ticketmaster. Ticketmaster will change its name to Ticketmaster Entertainment and will become a live entertainment and marketing company. Front Line Management houses artists such as the Eagles, Jimmy Buffett, Neil Diamond, Van Halen, Fleetwood Mac, Stevie Nicks, Aerosmith, Steely Dan, Chicago, Journey and Guns N’ Roses.

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