I popped an old friend in my cd player today A distant one. . .dusty, yet still as crisp as it was the first time I heard it.
REM’s Life’s Rich Pageant is perhaps one of eponomously-named bands’ best records, and still stands as one of my all time top-ten discs. . .the one disc of ten I couldn’t live without on that far off deserted island of mine.
It’s always interesting to me how so many things can happen in the world without one ever knowing about them. Case it point: Stop Big Media. Stop Big Media apparently seems to be a force to be reckoned with, or at least a force du jour, and an a subsequent pain in the butt for the FCC and a host of media enterprises like Clear Channel with regard to media ownership.
If you’re going to be in NYC February 27th-28th, 2007, you might want to wander on over to check out Digital Music East. Its a great place to schmooze and learn more about what’s happenening in the world of digital music. $800. bucks will get you in this year if you’re dying to pay to hear the speakers, etc. HOWEVER, if you’re a student or a music business wannabee as I imagine you are, how about getting a little bit creative? The entertainment business is, after all, a creative industry, right? So if you don’t have the dough, you’re going to miss out on the speakers. That kinda sucks, but what you can do is meet the people GOING to the events by walking right into the lobby of the Museum of Jewish Heritage where the event is being held. Now, I am not advocating breaking any laws, or trying to sneak your way into this event. Please note! However, the registration is most likely in the lobby and there will be a lot of people getting their things straight before the event starts. So, if you’re up to it, wander in and see if you can’t strike up a few conversations. Most folks will be wearing badges with their names and companies right on their chests, so it should make things easy. Try it!
Today the wire threw this little ditty our way regarding the continuing crackdown on students who illegally download and trade sound files.
The RIAA is the mechanism which is pursuing the students in question and several university campuses have been targeted as having heavy illegal downloading. It seems these cases of copyright infringement are blurry for most people. No matter what side of the fence your on, its still worth following.
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Mergers are almost always good for business, if you look at them objectively and stockholders often profit as a result of early buzz as well. Such seems to be the case this morning in New York as shares of both XM and Sirius are up to nearly double digits. MarketWatch has a more detailed story about the rise in stock price.
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Last week an article in the Financial Times covered the financial nightmare EMI is currently going through across the pond in the UK. It seems sluggish record sales in the US by big name artists like Janet Jackson and Robbie Williams have sold poorly here, forcing the company to re-issue a warning note to share holders making them aware of the losses likely to come this quarter.
Looks like the word on the streets is official, as news from XM came in later today announcing XM and Sirius have agreed to a merger. Of course, there are regulators already crying foul, but for now it’s a marraige made in heaven. Well for them at least.
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Rumors surrounding the apparent merger of XM and Sirius Radio are beginning to resurface again this week, with Peter Lauria reporting about it in today’s New York Post. It might not be long before Mel Karmazin and crew fill in the rest of us in on the proceedings apparently still taking place after a heavy weekend of table-pounding and hand-shaking. Stay tuned! What would Howard say?
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It is my mission at musicbusinesspage.com to provide anyone interested in a career in this industry, the inspiration and resources needed to achieve your goals. It ain’t easy, and you’ll face a lot of closed doors along the way. Anyone who has achieved greatness or even a modicum of success in this world faces failure and rejection. . .meeting rejection is the only sure way of knowing you’re trying! Be willing to starve, be willing to work at it, and in the end it will pay off!