Thursday, April 3, 2008

iTunes claims to be the #1 US Music Seller

It only took about 4 years for Apple to become the biggest music seller in the US.

The news came on the same day as the announcement of 3 of the 4 big music companies making a deal with MySpace.

Jay-Z goes with Live Nation for Mega $$

Will Live Nation's signing of Jay-Z give the "partner with the promoter, not the label" idea a whole lot more traction? Besides the big up-front money (about $80 Mill!), it takes the pressure off of Jay-Z for a radio hit:

“In a way I want to operate like an indie band,” he said. “Play the music on tour instead of relying on radio. Hopefully we’ll get some hits out of there and radio will pick it up, but we won’t make it with that in mind.”