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.

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New York based TVT Records who was one of the top independent record labels in the U.S. has terminated the majority of their employees today, sources revealed to AllHipHop.com today.

TVT, which is home to major recording stars like Lil Jon & The Eastside Boyz, Pitbull, Ying Yang Twins, The Polyphonic Spree and others, is expected to file for Chapter 11 bankruptcy protection this week.

TVT was Billboard Magazine’s #1 Independent Label for five consecutive years (2001-2006).

FMQB interviews RCRD LBL Co-Founder And CEO Peter Rojas: Online blogs focusing on celebrities and music is the latest trend. Peter Rojas talks about intergrating online blogs and music distribution.Â

“We’ve been approached by a handful of major labels. I’m not going to say “no,” that I would never work with a major label, but it’s not critical to our business model. What is critical to our business model is that the artists we work with are good. I wouldn’t want to work with a major label and have them say, “Okay, we’re going to put out the next Paris Hilton single on your site.”

Musicians Sue Universal: A dozen recording artists are sueing Universal Music claiming they had been cheated out of more than $6 million in royalties since 1998. Universal says the claims are baseless.

Writer’s Block: USA Today has profiled songwriters that have written songs for Britney Spears, Mariah Carey, Mary J. Blige, Rihanna, Usher, Celine Dion, Beyonce, etc. KOAR hopes more pop artists take a stab at songwriting than relying on professionals. For instance, Alicia Keys can entirely write her own material and her audience knows it and loves her for it. Check out these tips for overcoming writer’s block.

War On Music Piracy: Another article discusses illegal file sharing and how the Rudd Government is considering a three-strikes policy against computer users who download songs illegally. The policy would mirror legislation being introduced in Britain, which would require ISPs to police the activities of users.Â

Guitar Hero: There has been a series of articles talking about the video game Guitar Hero and its effect on music sales. Check out the article ‘Bands’ sales are feeling the ‘Guitar Hero’ effect’ that discusses the success of the metal band, DragonForce.

New Music: Its been 4 years since Gavin DeGraw has released new music. Gavin who began his career in NYC clubs will finally release his new record in April through J Records. His first single ‘In Love With a Girl’ has been posted on his myspace, it’s good.

Comcast Blocks File-Sharing Sites: Comcast told the Federal Communications Commission that blocking some file-sharing by its subscribers was a justifiable way to keep Web traffic flowing for everyone. “Comcast says it must curb some file-sharing traffic because some subscribers would otherwise hog the cables with their uploads and slow traffic in their neighborhood”.

Anticipated Releases: Tough-knuckled critic Roger Friedman spent more than an hour at Island/DefJam Records previewing the new CDs from Janet Jackson and Mariah Carey. Each is highly anticipated, and with good reason, they’re pretty damn good says Friedman. He said Janet is back to hooks, catchy rhythms and defined singing and Maria Carey’s new record “E=MC2” will have sustainable success, the will last as long as “Emancipation,” spinning off singles, remixes and videos.

Disney and EMI: The managers who handle the Disney act, Jonas Brothers, are asking Disney to come up with an alternative to EMI to distribute the record, citing uneasiness over looming staffing and structural upheaval at the recorded music giant.”Disney’s international distribution pact with EMI expires in a year, and with EMI in flux, a source close to Disney said the company is keeping its options open in deciding whether to renew or go elsewhere”.

Signings: Tooth and Nail records has signed Tulsa, Oklahoma pop act
Capital Lights. Check out the Coheed and Cambria-esque track ‘Can I Get An Amen‘

Recommended Listening:

Long Island Sound by Cass Dillon

Movies by Forever Falls

Digital Albums Making Impact: Digital album sales are finally making headway. Johnson shifted 375,000 copies of Sleep Through the Static (Brushfire), of which 37 percent were digital according to Digital Music News. The digital album sales total of 137,000 is a new record, according to Nielsen Soundscan.

Off The Market: Digital music wholesaler Snocap is being bought by music streaming site Imeem.

MySpace to Merge? The News Corporation chairman is in talks over merging his MySpace social networking site and other online businesses with Yahoo!

Celestial Jukebox: Rob Wells, Universal Music Group SVP of Digital said on a recent panel..”The start and endgame for Universal and, indeed, the industry worldwide, is providing consumers with blanket access through a celestial jukebox anytime, at home, in the car. This is the next step in the utopian future for music…”

The Pay What You Want Model Lingers On: Butch Walker who is an artist/producer and had 4 major label deals is set to release his new Live album “Leavin’ the Game on Luckie St.” via therecordbusinessisfucked.com which re-routes to www.butchwalker.com using the Radiohead pay what you want model. Read the full Butch rant here.

Sexy Marketing: The Bravery is the first act to release a new track each week for 4 weeks on iTunes from their upcoming album relaunch, ‘The Sun and the Moon Complete’ with a reworked version of ‘Believe’. The single is currently on the Top 10 Modern Rock single, whose video was added to MTV, MTV2, VH1, and FUSE this week, following its premiere at Yahoo.

Borders New Retail Strategy: Borders, the second largest bookstore chain is now offering a digital center where you can download music or books, burn CDs, print pictures and order leather-bound books crammed with family photos.

“Staffers will guide customers through the process of burning music to CDs, downloading songs to most digital music players (except iPods, which, for now, work only with Apple software) or books to a Sony digital reader. They’ll even print the cover art and fold it into a CD cover for you”.