The backdrop on all this is a hyper-growing Twitter platform, one that keeps drawing new people (and their unexpected tweets). But according to stats just released by Pew Internet, the number of Twitter users has remained fairly steady over the past year. Roughly 15 percent of online adults use the platform, a slight year-over-year increase, though the volume of per-account tweeting has surged.
Elsewhere, digital music formats now account for 55.5 percent of recording industry revenue in the UK, according to first-quarter figures from trade group BPI.
Apple may have just purchased Italian music software maker Redmatica, according to rumors. TechCrunch points to a low-revenue, tiny shop, which suggests a talent-acquisition play.
It was beeping, in a duffel bag, and enough to bring the Brooklyn bomb squad to Williamsburg. Thankfully, the ticking timebomb was just an abandoned keyboard screaming for its owner (more here).
Back across the Atlantic, HMV Group is reportedly in the late stages of selling London's Hammersmith Apollo to Stage C, a company jointly owned by Anschutz Entertainment Group (AEG).
CKx, a company with rights to American Idol, So You Think You Can Dance, and the Elvis Presley Estate, is now rebranding as Core Media Group.
Amanda Palmer's runaway Kickstarter campaign finished at nearly $1.2 million, with close to 25,000 backers. Appropriately, Palmer tossed a gigantic party and performance last night; Roadrunner was unlikely in attendance.
On the funding front, 88tc88, the 'iTunes for China,' has just grabbed a 'seven-figure' sum from German financier Carsten Maschmeyer. 88 focuses on delivering Western music, games and apps to a Chinese crowd.
tone Thursday, May 31, 2012
why is there a tumblr icon for this article?
The chairman Friday, June 01, 2012
Meanwhile the Bilderberg Group elite is stunting on everyone in VA, with Kapital that makes it all look piddly