GigMaven

We’re starting a weekly series today called What’s the Music Buzz to give you a quick heads up about…the latest buzzzz in the industry.  True true I’m a gossip at heart, but thought if we saved you time by highlighting the most interesting stuff that happened this week, you would make us smarter by letting us know what’s legit or not and what other cool things you’re hearing!

My takeaway this week is that the corporate world is still tough and profit focused decisions are not doing much to help indies…

News Corp earnings show MySpace is not yet fixed although traffic has stabilized and its mission has been clarified…We have confidence of a turnaround, go News Corp go!

EMI’s parent company needs to raise $160 million to hold onto it…Eeek. Pretty clear to us that DIY tools are necessary for an artist these days.  This is why we joined the Hello Music partnership!

Despite these troubles…new media companies are still doing cool things.

Facebook: ‘We Have No Plans to Launch a Music Service’…. We’ll see about that….

Slacker Radio: Pandora’s Palm WebOS rival Slacker Radio released a version (.0.9.4) of its streaming radio app to the App Catalog in the U.S. and Canada.

Spotify: U.S. Launch Within 60 Days; Music Discovery Upgraded

MailChimp, for those of you that use them for email marketing, has released a service that allows emails to be distributed across time zones at the same appointed minute and also has launched a new geotargeting application where a user can customize an email based on locales.

Other industry tidbits:

Report: Music could save ISPs ‘hundreds of millions’ in churn costs

SXSW Announces More Bands & Panelists

Tags: Canada, Corporation, Facebook, MySpace, News Corporation, Pandora, Slacker, WebOS

This entry was posted on Friday, February 5th, 2010 at 4:35 pm and is filed under Music Industry - General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.