Thursday, March 27, 2008

Quote of The Day

Who’s Really Number 2?:  “Independent music makes up just under 30% of the music market in total (but more than 40% digitally), more than any of the individual major labels, and it encompasses so much incredible, vital music that is by and large ignored by the mainstream media.”

            - David Pakman, President and CEO, eMusic

Saturday, March 22, 2008

Word of the day

“Prognosticative - to foretell from signs or symptoms: to predict

Thursday, March 20, 2008

Internet Radio Still Strong

Thirty-three million Americans age 12 or older (i.e. approximately 13% of the U.S. population) listen to an Internet radio station during the average week, up from 29 million a year ago, according to “The Annual Infinite Dial 2008: Radio's Digital Platforms” from Arbitron and Edison Media Research. The complete study, will be released next month.

Monday, March 10, 2008

Word of the Day....

verticialization” – used by Jim Balsillie, Co-CEO of Research in Motion during the recent Canadian Music Week's digital music & media summit.


Friday, March 07, 2008

Wal-Mart Gets Tough With The Major Labels

Wal-Mart has recently proposed a new five-tiered pricing scheme that would allow it to sell albums at even lower prices and require the labels to bear more of the costs…(= less money for artists) While the proposal was presented only as a starting point, one label executive said, "This sounds like the Hail Mary pass, and if it doesn't work, they could be out of the music business; or maybe they reduce music down to a couple of racks from the 4,000 titles carried by Wal-Marts with larger selections.”

Saturday, March 01, 2008

Favorite Quote of the Week

When asked about differentiating himself from others in the rapidly evolving home-automation market, “Addressing the broader market isn’t accomplished through establishing simple levels of product defined by cost…We stay #1 by listening to, caring for, and appreciating our customers more than anything else.  Our customers are our partners, our friends and our family.  We will never do anything to compromise that value.”  -- Randy Klein, EVP Crestron