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  • EMIÂ Ends Takeover Discussions; Shares Drop
    EMI ended talks to be acquired by Permira Advisers LLP after failing to agree on a price, the second time this year that takeover plans collapsed. The approach was EMI’s second takeover advance this year. EMI and Warner Music Group Corp. each offered about $4.6 billion for each other in June. Shares of EMI had their biggest decline in almost two years
    after the London-based company said it didn’t get a bid “that fully reflects the prospects for and value of the company.” (Zimri Smith)

“EMI can just about survive on its own, but it’s not a great growth story,” said Alex Degroote, an analyst at London’s Panmure Gordon.

Â

      MORE Indie Invaders / POSTED BY: KINGSOFAR

Unsigned the October has been selling out their recent club run. Currently promoting recent self-produced CD Bye Bye Beautiful. Lead vocalist Dustin Burnette is a rock star. Check out the video. For more information email here.  New tour dates include:
Dec 20 2006 Headliners Music Hall (X-Mas Bash) Louisville, Kentucky
Dec 22 2006 The Duck Inn Evansville, Indiana
Dec 29 2006 Eziekial’s Metropolis, Illinois
Jan 18 2007 The Big Apple Murray, Kentucky
Jan 20 2007 A1A Concert Hall (AVIO) Lexington, Kentucky
Jan 27 2007 The Masquerade Atlanta, Georgia
Mar 02 2007Â The Poison Room Cincinnati, Ohio

Unsigned One Less Reason in the vein of Hinder/Nickelback who hails from Orlando also has been pulling in solid numbers at their recent club dates. See below for upcoming shows.
Dec 15 2006Â The VFW Jackson, Tennessee
Dec 30 2006Â The French Quarter Jacksonville, Florida
Dec 31 2006Â Floyds music store Tallahassee, Florida
Jan 19 2007Â Nashville Station Macon, Georgia
Jan 26 2007Â New Daisy Theater Memphis, Tennessee
Jan 27 2007Â Off the Wagon Montgomery, Alabama

Alternative indie act Sounds Under Radio who hails from Austin Texas has been picked up by legal Dan Friedman. Record was produced by Will Hoffman. Check out the track
Portrait of a Summer Thief

      MORE Indie Invaders / POSTED BY: KINGSOFAR

The Register reports Apple’s iTunes has experienced a collapse in sales revenues this year according to analyst co Forrester Research.

While the iTunes service saw healthy growth for much of the period, since January the monthly rev has fallen by 65%, with the average transaction size falling 17%.

And it isn’t just Apple’s problem. Nielsen Soundscan has grimmer news for prospective
digital download services, indicating three consecutive quarters of flat or declining revs for the sector as a whole.

“ITunes won’t save the music business, or Apple,” analyst
Josh Bernoff wrote in the report.

No Recovery

In 2005, iTunes sales dropped after Christmas before rising “significantly’ in May. That recovery didn’t materialize this year, Forrester said.
   Â
The report also found that most music stored on iPods isn’t purchased from iTunes. Apple sells about 20 iTunes songs for each iPod purchased, even though the devices can store hundreds or thousands of songs.

Advertise On The IndieClick Network - www.indieclick.com

      MORE Indie Invaders / POSTED BY: KINGSOFAR

I think we all know that “exposing” new music is getting harder and harder. Everybody is getting sucked into the sea of the long tail. How do you expose “great” artists in the sea of mediocre artists? This reminds me of communist Russia, nobody wins, both artists and labels. In fact, labels should be extremely concerned with the current state of radio. Overly tight playlists does not give labels motivation to sign new artists, it’s demotivating.

Radio consolidation is shrinking playlists and creating a homogenized musical landscape, several singers and songwriters told the Federal Communication Commission on Monday.

“Big radio is bad radio,” Rick Carnes, president of the Songwriters Guild of America, told FCC commissioners in the second of six public meetings nationwide. “You can drive I-40 from Knoxville to Barstow, California, and hear the same 20 songs on every country radio station.”

Grand Ole Opry star Porter Wagoner said “clear channel” used to mean a powerful coast-to-coast radio signal like the one that used to broadcast the Opry.

But he said when you say it now, people think about Clear Channel Communications, the media conglomerate that owns hundreds of radio stations and other media outlets.

Wagoner also said radio consolidation restricts the ability of both veteran and new artists to be heard.

“The days of an artist receiving airplay as a new act are gone,” Wagoner said.

He recalled how his former duet partner, Dolly Parton, scored a huge country and pop hit with the song, “Jolene,” and he said, “The chance of that happening today is almost slim to none.”

      MORE Indie Invaders / POSTED BY: KINGSOFAR
  • R&B virtuoso, J. Valentine signs with Clive Davis’s J Records
  • No Women in Rock
    Only two women with VP stripes currently sign acts at major labels: Wendy Goldstein, senior vice president of A&R/urban for Capitol Records, and Jolene Cherry, senior vice president of A&R for Universal.
  • A New YouTube.
    News Corp.’s Fox, Viacom, CBS, and NBC Universal are in talks about creating a video Web site to compete with Google’s YouTube. The companies aim to cash in on the market of Web video advertising
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