Point, EMI: Judge Rules Citigroup Case Stays In New York…
The legal battle between Citigroup and Terra Firma will remain in New York, according to a federal court ruling. Citigroup was attempting to shift venues, specifically to London, and toss the US-based case. “For reasons that will be elaborated in a forthcoming written opinion, Citi’s motion is denied in its entirety,” US District Judge Jed Rakoff ruled from Manhattan late [...]
Lady Gaga: Three Videos, One Billion Views…
Just how big is the Lady Gaga machine? According to one stat surfacing Wednesday, Gaga has now amassed an impressive one billion video views – on her top three videos alone. The ‘True Reach’ figure was offered by Visible Measures, whose ’100 Million Club’ includes a scant 65 videos. Of that, Gaga places with “Poker Face” (374.6 million views), “Just [...]
Sue ‘Em All: British Law Firm Goes After the Media…
Chasing file-swappers has never been a media-friendly affair – just ask the RIAA. So why not just sue the media as well?
American Idol Keeps Consolidating Online…
Want the career-changing spotlight that ‘American Idol’ can offer? Then prepare to make a few concessions, including online. Just recently, Idol started funnelling contestant Twitter accounts into a centralized thread (@AI9Contestants), a move designed to enhance show branding.
Too Fast, Too Furious? Digital Economy Bill Getting Close.
As the Digital Economy Bill nears passage in the UK, a growing number of opponents are urging a slowdown in process. Instead of an accelerated ‘wash-up’ path, concerned citizens are advocating a more traditional legislative debate and review. “Democracy and accountability will be sidestepped if this bill is rushed through and amended without debate during the so-called ‘wash-up’ process,” an [...]
The State of Standardization: NARM Says, Still a Ways to Go…
At this stage, everyone seems dialed into the broader benefits of standardization throughout the digital supply chain. But implementation and standards consensus is an entirely different matter, according to a study conducted by the National Association of Recording Merchandisers (NARM).
Boomerang: Gaga Quickly Countersues Ex-Boyfriend…
Hardly a costume change later, Lady Gaga is now countersuing ex-boyfriend Rob Fusari. Last week, Fusari lodged a $30 million-plus lawsuit against Gaga, alleging unfair bilking of royalties. Fusari claimed a critical role in the formation, conceptualization, and transformation of Stefani Germanotta into the current pop juggernaut, though the Gaga camp is questioning that account of the relationship.
Already? New MGMT Album Now Leaking…
What is the modern ‘release date,’ anyway? Most albums slip before their ‘official’ street dates, leaving the big, bad internet to determine the real launch point. And, in that spirit, the latest MGMT album is now widely available across the internet, according to information unearthed Sunday by data partner BigChampagne. The album, Congratulations, first started circulating online over the weekend, [...]
The App Eclipse: Bigger Than CDs, Bigger Than Downloads…
Take one skyrocketing format, then juxtapose it against another, plummeting format, and the result is simple. According to a projection from app store GetJar, mobile apps will be worth $17.5 billion by 2012, a global figure. That easily trumps an IFPI-published projection for CDs of $13.83 billion, itself a lofty expectation. The $17.5 billion figure was produced by independent firm [...]