Simon Fuller celebrates 160m iTunes downloads milestone
Acts signed to Simon Fuller's management company 19 Entertainment have collectively sold more than 160 million songs on iTunes, the company has announced. A big chunk of those downloads have come from the partnership between...
May 11, 2010
TuneCore reveals $35m artist revenues for 2009
Digital distributor TuneCore has published its financials for 2009, revealing that artists using its service notched up 26.2 million downloads and grossed $35 million of revenues....
May 10, 2010
Trinity Mobile sees mobile ticketing success
UK firm Trinity Mobile says it is now the biggest supplier of mobile ticketing for British nightclubs and festivals, with its Q1 sales up 45% year-on-year. The company cites successful case studies including club Gatecrasher,...
May 6, 2010
Sirius XM turned a profit in Q1
After nearly going bankrupt last year, US satellite radio firm Sirius XM has reported impressive financials for the first quarter of 2010. The company reported revenues of $670.6 million for the quarter, and a profit of $41.6...
May 5, 2010
MySpace still ‘a work in progress’ says News Corp
News Corporation announced its Q1 financials last night, with overall revenues of $8.8 billion and a profit of $839 million. However, operating losses increased in the company's digital media group, which includes MySpace....
May 5, 2010
Apple’s iPad sells 1m units in 28 days
Apple started selling the 3G-enabled version of its iPad this weekend, joining the existing Wi-Fi only model. The company says in the first 28 days of the device's availability, more than one million units have been sold...
May 4, 2010
BigChampagne boss – ‘People are not radio formats’
We couldn't possibly do justice to Rhapsody's Tim Quirk's lengthy blog post entitled 'The Quiet Revolution' in a paragraph. It includes a section digging into BigChampagne's stats on 'Tracks Per Fan' - how many songs the...
April 28, 2010
Beyond Oblivion promises $100m payouts to music rightsholders
If nothing else, the last few years have (hopefully) taught the music industry to beware of startups promising big numbers. So Beyond Oblivion's claim that it expects to pay out more than $100 million in royalties to music...
April 28, 2010
iPhone now 40% of Apple’s revenues
We reported on Apple's Q1 financials earlier this week, but Business Insider has produced a handy chart that shows at a glance how important iPhone has become to the company's bottom line.
April 23, 2010
Last.fm scrobbles its 40 billionth track
Having just ditched its on-demand streaming service to focus on its music discovery aspects, Last.fm has announced that it's just scrobbled its 40 billionth track. The CBS Interactive subsidiary is also trumpeting new figures...
April 20, 2010
Pandora passes 50m users and launches on iPad
As we said above, Pandora was one of the music services releasing an iPad app for the launch of Apple's tablet this weekend. The app has been redesigned for the bigger screen, with additional album artwork and more band information...
April 6, 2010