eMusiceMusic Parent Makes Bid for The OrchardAuthored by Mark Hefflinger on November 3, 2009 - 7:36am.
New York - Dimensional Associates, the private equity unit
of JDS Capital that owns digital music service eMusic, is in talks to acquire all
of the shares of digital music and video distributor The Orchard (NASD: ORCD) it does not
already own, PaidContent reported, citing an SEC filing.
tags: Deals | Music | Moves | eMusic | Acquisitions | The Orchard | Greg Scholl | Dimensional Associates | JDS Capital | Brad Navin | Daniel Stein |
eMusic: 72% of Worldwide Sales Are Full AlbumsAuthored by Mark Hefflinger on September 17, 2009 - 11:37am.
New York - Digital music service eMusic says that full album
downloads accounted for 72% of its worldwide sales over the past year, and that
its customers "have consistently purchased more complete albums than
individual tracks for the last several years, with full albums accounting for
an average of about 69% of total sales worldwide since 2006." The company
says its album sales numbers run counter to data reported by iTunes and
SoundScan, which have found album sales far outshined by sales of individual
tracks.
eMusic CEO: Price Hike Prompted by Indies, Not Sony DealAuthored by Mark Hefflinger on June 15, 2009 - 11:56am.
San Francisco - Digital music service eMusic said that its
recent price increase which has many users unhappy had more to do with calls to
raise prices from independent labels than it did with its new deal to add Sony
Music's catalog to its offering, Wired.com reported. "The price change is
something that all of our labels have been asking for, for a long time, and it's
really a necessary move for us to maintain a viable business," CEO Danny
Stein told Wired.com. "We're about 50 percent cheaper than iTunes and
Amazon. And we hope those people will stick with us and see what we do with the
Sony catalog and all the other labels that we may get in the future."
Digital Music Service eMusic Adds Sony Back CatalogAuthored by Mark Hefflinger on June 1, 2009 - 10:08am.
New York
- Digital music service eMusic announced on Monday that it has signed its first
deal with a major record label, Sony (NYSE: SNE) Music, which has agreed to license its
back catalog to the service.
eMusic: A&R Program Paid $100K to Artists in First YearAuthored by Mark Hefflinger on February 10, 2009 - 2:24pm.
New York
- Digital music service eMusic said on Tuesday that it has paid out about
$100,000 to unsigned bands over the past year, as part of its eMusic Selects
A&R initiative. The program sees eMusic staff select one or two deserving
but underpromoted artists each month, who receive top billing and editorial
coverage on the site. Since last February, 11 unsigned artists have earned
nearly $100,000 in royalties through their participation in the program, and
three have been signed to independent labels.
Analysis: eMusic and the Long TailAuthored by Robin Goad on January 20, 2009 - 7:23am.
eMusic Says Sales Data Confirm "Long Tail" TheoryAuthored by Mark Hefflinger on January 16, 2009 - 1:06pm.
New York - Digital music service eMusic said this week that internal data showing that 75% of the songs in its 5 million-track catalog were downloaded last year prove that the "long tail" theory of retail has merit, at least when it comes to its own service. A study in November from the MCPS-PRS U.K. licensing body concluded that the long tail theory was flawed, after finding that of the 13 million songs on the Internet, ten million had not sold a single copy. eMusic Tops 250 Million MP3 Downloads SoldAuthored by Mark Hefflinger on November 20, 2008 - 2:03pm.
New York - Digital music service eMusic announced on Thursday that it has now sold 250 million MP3 downloads since 2003, when it established its current subscription model. The figure includes downloads sold in the U.S., Canada and 26 countries in the European Union. The company also said that its catalog now encompasses over 4.5 million tracks. By contrast, Apple has sold more than 5 billion songs from its iTunes Store. Pizza Hut Offers Free MP3 Song Downloads via eMusicAuthored by Mark Hefflinger on November 10, 2008 - 1:06pm.
Dallas - Restaurant chain Pizza Hut on Monday announced the launch of a digital music promotion with eMusic, which will offer 75 free song downloads to customers at PizzaHut.com through Dec. 27. Those placing food orders on the website will receive a link to a site where they can download 25 songs from a "special Pizza Hut playlist," as well as any 50 songs from eMusic's catalog as part of a 14-day free trial subscription of eMusic. Digital Music Service eMusic Laying Off 10% of StaffAuthored by Mark Hefflinger on October 30, 2008 - 10:44am.
New York - Digital music service eMusic is laying off about 10% of its staff, and continues to seek a replacement for CEO David Pakman, who departed weeks ago to join venture capital firm Venrock, All Things D reported. Departing eMusic CEO Pakman to Join VC Firm VenrockAuthored by Mark Hefflinger on October 1, 2008 - 12:47pm.
New York - David Pakman, the CEO of digital music service eMusic who announced earlier this week he would step down and take a position at an unnamed venture capital firm, said in a blog post today that he will be joining Venrock as a partner. "Venrock has been focused on building a substantial practice in digital media," Pakman wrote. "A veritable juggernaut of venture and entrepreneurial experience has been assembled to take an existing powerful platform and add on top of it a highly-focused digital media practice. I am not the catalyst for this, but am lucky enough to be joining the effort." CEO of Digital Music Service eMusic Leaving for VC FirmAuthored by Mark Hefflinger on September 29, 2008 - 10:11am.
New York - Digital music service eMusic announced on Monday that president and CEO David Pakman is stepping down to become a partner at an unnamed "premier venture capital firm." eMusic Catalog Surpasses 4 Million Tracks, 40,000 LabelsAuthored by Mark Hefflinger on August 4, 2008 - 11:44am.
New York - Digital music service eMusic announced on Monday that it now counts over 40,000 record labels on its roster, and a total of over 4 million tracks in its library. The New York-based company sells MP3s from mainly independent artists via a range of subscription plans where individual tracks cost as little as 39 cents each. eMusic Adds Web Content to Store, Expands Social Media SharingAuthored by Mark Hefflinger on July 22, 2008 - 12:55pm.
New York - Digital music service eMusic on Tuesday began introducing several new features that will pull relevant content from around the Web into its site, while allowing users to share eMusic content across social networks, bookmarking sites and blogs. Customers will now see content from YouTube, Flickr and Wikipedia on relevant album pages on the eMusic site, and will also be able to bookmark album pages and send them to 18 social media sites, including Facebook and Digg. eMusic Looking to Expand Into DRM-Free TV Show DistributionAuthored by Mark Hefflinger on June 23, 2008 - 9:55am.
New York - Digital music service eMusic is looking to expand into selling TV episode downloads, but would only do so if they could be delivered DRM-free, NewTeeVee reported, citing eMusic CEO David Pakman. To this point, New York-based eMusic has mainly offered independent label music to subscribers. The report said that such a service, which the company said would be targeting "long tail" programs and not current primetime hits, would likely take a year or so to launch. eMusic to Raise Cost of Basic Subscription PlanAuthored by Mark Hefflinger on June 17, 2008 - 12:30pm.
New York - Digital music service eMusic on Tuesday announced a "modest price increase for some of its users," which will see the cost of its monthly Basic Plan raised from $9.99 to $11.99. eMusic Adds Nine New Publishers to MP3 Audiobook StoreAuthored by Mark Hefflinger on May 29, 2008 - 11:19am.
New York - Digital music service eMusic said on Thursday that it has added nine new publishers to its MP3 audiobook store, which it says is now selling nearly 13,000 titles per month. Joining the store are Simon & Schuster Audio, BBC Audiobooks UK, Reagent Press, Hay House, L.A. Theatre Works, Tantor Media, Phoenix Books, Listen and Live, Brainsync and Audio Evolution. "We look forward to testing the DRM-free waters with eMusic, as we believe their customers will be strong audiobook consumers," said Chris Lynch EVP and publisher for Simon & Schuster Audio. eMusic Removes Early Rolling Stones Albums, ABKCO CatalogAuthored by Mark Hefflinger on May 7, 2008 - 1:31pm.
New York - Digital music service eMusic has been forced to remove early Rolling Stones albums and other repertoire from ABKCO Records it has been offering since early April, due to legal issues, Hypebot reported. In a post on its forums, the company said it "triple and quadruple-checked" the licensing issues involved before going ahead and offering the ABKCO catalog. "But this was not enough. Due to events outside of our control, we are being forced to remove the entire ABKCO catalog from eMusic." eMusic Launches Subscription Services in CanadaAuthored by Mark Hefflinger on April 29, 2008 - 11:37am.
New York - Digital music service eMusic on Tuesday announced the availability of its service in Canada, offering a catalog of 3.5 million songs from 33,000 labels in the unprotected MP3 format. The company, which recently passed 200 million downloads sold, offers songs from artists on Canadian labels including Nettwerk, Arts & Crafts, Justin Time, Secret City Records, Mint Records and Paper Bag. eMusic Passes 200 Million Song Downloads SoldAuthored by Mark Hefflinger on April 14, 2008 - 11:26am.
New York - Digital music service eMusic said on Monday that it has now sold more than 200 million downloads since establishing its current subscription model in November 2003, and is currently selling more than 7 million tracks a month across all territories. The company counts over 400,000 subscribers, and claims to be the world's second-largest download service, behind iTunes. |
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