If you work in the music business, you probably already know the name Donald Passman. For the uninitiated, his book "All You Need to Know About the Music Business," which was first released in 1991 and comes out in a seventh edition today, is the book on how the music industry works. If you ever wanted to know how major and indie label deals are structured, the different types of royalties that musicians can earn and how they're calculated, what a personal manager does for a band, how much money artists make on tour, where your ticket … Read more
Mobile payment start-up Zong is extending its product to include subscription-based services, the company announced Tuesday.
So here's what this means: instead of entering credit card billing information, subscribers to OMGPOP and Photobucket can bill their subscriptions directly to their phone bills by entering their cell phone numbers and then responding to a confirmation code. Previously, the Zong service could only be used for one-at-a-time micropayments rather than subscription-based services.
With Zong's new development, which is currently available only on U.S. … Read more
Rupert Murdoch said in July he wanted to reshape MySpace into an entertainment hub, and sources say the site now plans to launch a new video service sometime in the next several months with the help of sister site Hulu, CNET News has learned.
The big question is whether MySpace's service will offer downloads or a subscription service.
Murdoch, the chairman of media conglomerate News Corp., intends to overhaul MySpace Video by bringing in a larger number of feature films, TV shows, and music videos. The social network's new video area will be given a major face lift, … Read more
Though not yet a done deal, a tentative change in accounting rules could have a dramatic effect on the earnings reports of tech companies, and in particular, Apple.
Apple stands to gain a lot from a new draft of rules that governs how companies recognize revenue from subscriptions, as Fortune noted. Though it still needs final approval from the Financial Accounting Standards Board, the change could mean that Apple will stop recognizing revenue for its highly successful iPhone over a two-year period, the length of a standard wireless contract, and instead recognize it as soon as a phone is sold. … Read more
Spotify's much-hyped streaming-music service has been given the green light by Apple's iPhone app approval board, according to a report from U.K.'s Paid Content. Though the Spotify app has yet to officially surface in the iTunes App Store, an Apple spokesman made it clear that the app would be available "very soon."
While the news is sure to excite Spotify's current user base in Europe and the U.K., music fans in the U.S. have yet to experience what all the fuss is about, since the service is currently blocked on this side of the pond. Rumors abound that Spotify plans to open its doors to America before the year is though, but until then, the availability of an iPhone app isn't doing us much good.
Beyond fanning the flames of American curiosity over Spotify, news of the app's approval demonstrates an intriguing change of tactics for Apple.… Read more
Subscription music service Rhapsody, a division of Real Networks, has announced plans to port its service to Apple's iPhone and iPod Touch. In a blog post Sunday, the company said it will submit the application (demonstrated on the video below) this week to Apple for review.
Historically, Apple has steered clear of subscription music, making it impossible for services such as Napster or Rhapsody to work with the iPod, fearing competition with its own iTunes music service. But the success of iPhone music applications such as Pandora, Last.fm, and Slacker, may have opened the door for subscription services … Read more
Ten years ago today, on August 11, 1999, Red Hat saw its shares triple in an initial public offering that ushered in a new era of commercial open-source prosperity.
Iain Gray, then a Sun employee and now Red Hat's vice president of Global Support, writes nostalgically: "I remember sitting in the Sun office in UK watching the stock skyrocket, thinking the world had gone mad."
Indeed it had. Soon Red Hat's stock was to plummet to earth but not before the company learned a valuable lesson: there must be more than hype to make open source … Read more
The new Kazaa appears to be mostly a run-of-the-mill subscription music service, but it does add a few new twists. The one that stands out right from the sign-up phase is that subscribers can either pay by credit card or via their telephone company.
"Brilliant Digital Entertainment Inc. (BDE) and Kazaa are not affiliated with your local telephone company," Kazaa writes in the company's terms of service, "However, for your convenience, BDE's charges will appear on your local telephone bill."
Music industry insiders have long talked about creating subscription services in partnership with Internet … Read more
Kazaa is coming back from the dead.
One of the most recognizable brands in the history of illegal downloading is due to officially resurface, perhaps as early as next week, sources close to the company told CNET News. Only this time the name Kazaa will be part of a legal music service.
Altnet and parent company Brilliant Digital Entertainment attached the Kazaa brand to a subscription service that will offer songs and ringtones from all four of the major recording companies. For the past few months, a beta version has been available.
The company tried recently to ratchet up expectations … Read more