RUMOR: We hear there are a lot of sad faces over at
eMusic. On Friday they believed that they had a deal with Amazon. On
Monday they did not. And with the recent EMI DRM-free announcement and
growing label defections (stay tuned) who else is going to buy the
company for the more-than-$100 million price tag that parent
Dimensional is seeking? eMusic staffers were also reminded during the
recent sale frenzy was that as a private company very few of them have
stock or options that would reward them for building the company. No
stock or options also makes key employee retention after a sale that
much harder.
>>> Urban Outfitters is sponsoring a store concert tour of indie bands and using non-comm stations to promote it as part of a larger FreeYrRadio campaign.
>>> Apple may be launching a music subscription service. Some analysts say the move makes no sense for Apple, but the labels would love it.
>>> NARM to honor the band Chicago and Soul Train's Don Cornelius at its upcoming convention. The two are worthy of honors perhaps but could the choices be more old school?
>>> A very amusing "graphical dissertation" on the #1 song "This Is Why I'm Hot" by Mims from Rob Harvilla at the Village Voice.
>>> WMG's already uber-rich Edgar Bronfman is suing Vivendi over the his pension. ...Yeah, you read it right.
