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."

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."

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.

[Notes from the 2006 Digital Media Conference]

Aydin Caginalp: The Industry Perspective - The sale of music downloads (online/mobile) has doubled in the last year and has helped to offset the 7% drop in physical CD sales. Most iPods contain files which are 66% ripped from CD’s and most are only half-filled. The empowerment of the internet is the empowerment of the artist.