Business news source Bloomberg reports that, according to sources “with knowledge of the discussions,” streaming video powerhouse Hulu.com, is in talks with record labels to offer music videos on the site. Major music companies Universal Music Group, Warner Music Group, Sony Music Entertainment and EMI Group are rumored to be in discussion with the video […]

Apple today announced that it had sold over five billion songs from the iTunes Store. The company also announced that iTunes customers are now renting and purchasing over 50,000 movies every day, making iTunes the world’s most popular online movie store. Apple said in a statement that its iTunes Store is now the world’s most […]

You almost have to feel sorry for the mainstream music industry. Almost. The major labels have teamed up with Napster to offer what they are calling “the world’s largest and most comprehensive MP3 store.” Yep – the labels are so intent on breaking Apple’s dominance in the world of digital music that they are giving […]

The Wall Street Journal reports that Warner Music Group losses increased in the fiscal second quarter as the company continues to struggle with a drop-off in sales of compact discs as consumers shift toward digital music. The company remains “excited about the long-term prospects for our business”, according to Chairman and Chief Executive Edgar Bronfman […]

eMusic, the world’s second-largest digital music service after iTunes, today announced that it has sold more than 200 million downloads since establishing its current subscription model in November 2003. The total comprises music downloads sold in the U.S. and the E.U., where eMusic has been available in all 27 E.U. nations since September 2006. The […]

Apple confirmed the rumor we reported earlier, announcing that the iTunes Store had surpassed Wal-Mart to become the number one music retailer in the US. “We launched iTunes less than five years ago, and it has now become the number one music retailer in the world,” said Eddy Cue, Apple’s vice president of iTunes. “We […]

When we were checking out Nine Inch Nails’ site for their new release, Ghosts I-IV, we noticed that they are doing some really interesting things with podcasting, remixing and Creative Commons. Many of their tracks are available with Remix-ready Garageband files. Ghosts I-IV is made available with a Creative Commons license and with multi-track stems […]

Good news for Apple: half of all music sold in the US will be digital in 2011. Sales of digitally downloaded music will surpass physical CD sales in 2012, according to a new report by Forrester Research. Digital music sales will grow at a compound annual growth rate of 23 percent over the next five […]

Music subscription services have, by and large, bombed. The idea of renting music hasn’t taken off and, even worse, customers have to worry about the services’ futures. The latest example of this comes with Yahoo’s subscription music service. On Monday, the company announced that it will discontinue its Yahoo Music Unlimited subscription service and has […]

Yesterday, when everybody was hyping the new ad-supported music service Qtrax, we said Qtrax was D.O.A. We noted that “Qtrax wants you to download software to watch ads to get DRM‚Äôd music that probably won‚Äôt work on your media player.” Not something that we really want to do. Others are starting to see through the […]