Tag - Sony BMG
US District Jude Loretta Preska has allowed a class-action lawsuit against RIAA music labels to continue forward. The lawsuit, which accuses major labels of conspiring to fix prices for digital music distribution, will be pursued under the Sherman Act to explore potential antitrust violations of federal law. Similar antitrust actions under New York state law will also be investigated, as well as other claims related to consumer protection and unjust enrichment.
Amazon is trying to secure agreements with the major music labels to secure licensing deals after launching its Cloud Player service on Tuesday. According to the Wall Street Journal, unnamed sources said the aggressive negotiations have the intention of making good with the four main record label groups after Amazon surprised them with the launch of the service. The music companies didn't immediately take kindly to the service, as it allows users to stream their existing music libraries to their portable devices from a remote server.
A lawsuit that dates back to 2006 has been settled, with a federal court judge finding file-sharing service LimeWire liable for copyright infringement. The judge ruled in favor of the RIAA and its member labels that LimeWire's parent company engaged in 'unfair competition' and induced copyright infringement.
Qtrax recently announced that its free and legal music download service will soon launch, naming October 28th as the launch date in China, Hong Kong, Taiwan, Philippines, Indonesia, Singapore, Malaysia, Australia and New Zealand. A launch in the US, Canada and the UK will happen before year's end, Qtrax informs, while the rest of the world will get the service within the first half of 2010. The reason for the initial Asia launch is because of the region's record Internet user growth and specifically the ratio of Internet users downloading music, which is more than double that of the US.
Apple is planning to expand the content buyers receive when shopping for iTunes music, writes the Financial Times. The company is currently said to be in negotiations with the four major record labels -- EMI, Sony, Warner and Universal -- regarding a project called "Cocktail," aimed at boosting music sales by supplying interactive material with albums. At the core of the concept is a new booklet, which can mix photos, lyrics and liner notes.
A new video-sharing website may be in the works, as the four major music labels -- Universal, Warner, EMI and Sony BMG -- are in preliminary talks for creating their own web portal, according to a weekend Financial Times report. Early last week, news came of the four labels planning to band together to create a site devoted to music videos and related content. More recently word has leaked of the three options the labels are considering, due to unhappiness with the ad revenue derived from the Google-owned YouTube. Under consideration is a premium service on YouTube, a totally new site, or a partnership with Hulu, the film and TV site jointly owned by News Corp. and NBC Universal.
Hold-out major labels are split on what they want before allowing DRM-free tracks on the iTunes Store, anonymous sources claim. Although Apple CEO Steve Jobs has claimed to want DRM-free tracks on iTunes, only EMI and a host of independent labels have so far offered any material which can be copied without arbitrary restrictions. Apple benefits financially from DRM by forcing iTunes customers to use iPods for many tracks; this is not why DRM-free tracks have been slow in proliferating however, according to the sources.
Apple may have already completed negotiations with the three major record labels not yet on iTunes Plus, reports suggest. Apple is only recently said to have begun talks with Warner, Universal and Sony BMG to open up its catalog for the DRM-free Plus service, which currently hosts EMI and a collection of independent labels. Although Plus tracks are popular, allowing unlimited backups and broader media player support, most major-label tracks on iTunes are locked to Apple's FairPlay DRM.
Sony today announced that it has bought out Bertelsmann's 50 percent stake in Sony BMG and will now completely own its music label. The new label, named Sony Music Entertainment Inc. (SMEI), ends the short four-year run of Sony BMG and will let Sony create a "total entertainment experience" where the electronics giant can more closely integrate its music with its devices, according to company chief Sir Howard Stringer.
Sony today reported that its profit had dropped approximately 47 percent in the spring quarter versus the same quarter a year ago, representing one of the company's steeper drops in recent history. The Japanese company chiefly attributes the company-controlled aspects of the shortfall to poor Sony Ericsson results, which saw the company's cellphone sales virtually flatten as customers turned away from its mid-range and high-end phones, which target the same camera and music fields as devices like Apple's iPhone, LG's Viewty, and Nokia's Nseries.