Thursday, March 13th, 2008
Daily News: Thursday
NIN Sales Report: “Nine Inch Nails’ 36-track instrumental opus Ghosts I-IV, released March 2 via NIN.com, has amassed a first week total of 781,917 transactions (including free and paid downloads as well as orders for physical product), resulting in a take of $1,619,420. “These figures represent the most relevant and contemporary metric for measuring how Nine Inch Nails’ music is reaching its fans,” said NIN manager Jim Guerinot.” (via Hits)
Details On Possible ISP Tax: “In recent months, some of the major labels have warmed to a pitch by Jim Griffin, one of the idea’s chief proponents, to seek an extra fee on broadband connections and to use the money to compensate rights holders for music that’s shared online. Griffin’s idea is to collect a fee from internet service providers — something like $5 per user per month — and put it into a pool that would be used to compensate songwriters, performers, publishers and music labels. A collecting agency would divvy up the money according to artists’ popularity on P2P sites, just as ASCAP and BMI pay songwriters for broadcasts and live performances of their work.” (via Wired)
20 Biggest Record Company Screw-Ups of All Time: “#1 Major labels squash Napster…. The labels’ campaign to stop their music from being acquired for free across the Internet has been like trying to cork a hurricane—upward of a billion files are swapped every month on peer-to-peer networks. Since Napster closed, “there’s been no decline in the rate of online piracy,” says Eric Garland of media analysts BigChampagne, who logged users of son-of-Napster peer-to-peer networks more than doubling between 2002 and 2007. And that figure doubles again if you count BitTorrent.” (via Blender)
