Hypebot: Guitar Hero Franchise Dies, Music Industry Loses

Activision has terminated the division that designed Guitar Hero and it’s follow-ups. Since 2005, there have been roughly twelve titles in the franchise. That’s six main titles and six expansions. Warriors of Rock, the most recent title, sold fewer than 100,000 copies during its debut month. Due to market saturation and diminishing novelty, the music […]

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Posted by Ted • Thursday, February 10, 2011 .

Billboard: Citigroup Takes Over EMI

Citigroup has acquired EMI Group and has recapitalized the major label group in a debt-for-equity swap, the two sides announced Tuesday.

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Posted by Ted • Tuesday, February 1, 2011 .

RS: Despite Deal With Sony, Spotify Unlikely to Launch in U.S. Anytime Soon

Spotify, the free streaming-radio service that has generated 10 million European listeners over the past two years, may be one step closer to a U.S. launch now that the Swedish company has signed a deal with Sony Music — but that still doesn’t mean a deal is imminent.

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Posted by Ted • Friday, January 21, 2011 .

Hypebot: MySpace Eyes Massive Layoffs As News Corp Looks For A Buyer

by Bruce Houghton MySpace is considering massive layoffs that could cut as much as 50% of the struggling social network’s 1100 person workforce according to a several sources. Parent company News Corp has been pushing MySpace to make this cuts for months even as it looks for ways to dump the division unless a miracle […]

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Posted by Ted • Monday, January 3, 2011 .

Musicology: The era of Moodagent is upon us

Gone are the days of picking out your own musical playlist, now all you need to pick out some songs is your own mood.

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Posted by Ted • Wednesday, December 15, 2010 .

LA Times: Groupon’s rejection of Google buyout offer is a head-scratcher

By Wailin Wong Greed, chutzpah, arrogance. Everyone seems to have their own idea about what motivated Groupon Inc. to turn down a buyout offer of a reported $5 billion to $6 billion from Google Inc. last week. Neither company is commenting about the negotiations or Groupon’s decision. Their silence leaves a substantial vacuum for outsiders […]

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Posted by Ted • Monday, December 6, 2010 .

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