EMI Music CEO Elio Leoni-Sceti has admitted that the record industry wasn?t fast enough to adapt to change in the digital music sphere, adding that paying for music seems to have become ?almost voluntary? today.
eMusic has passed two milestones, having sold 250m MP3 downloads since establishing its current model in 2003 and having grown its catalogue to more than 4.5m tracks.
UK dance label Anjunabeats claims to have become the first UK indie to sign a revenue sharing deal with YouTube, following in the footsteps of the four majors.
Seven of the largest music retailers in the UK are backing a new ?MP3 compatible? logo from the Entertainment Retailers Association, which is designed to build consumer awareness about the compatibility of the format.
Datz has launched a new unlimited download offer, allowing consumers to buy and keep all the music they want from labels such as EMI, Warner and the Beggars Group for a one-off fee.
Representatives from 24-7 Entertainment, Noank Media and Friend MTS are to take part in MusicTank?s We Have The Technology, What?s The Solution? event, which takes place in London on November 4.