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BUSINESS
July 24, 2006 | Dawn C. Chmielewski, Times Staff Writer
Microsoft Corp. faces major challenges as it readies a portable music player and service to take on Apple Computer Inc.'s popular iPod, analysts said Sunday. The device, the first of a family of hardware and software products under the new Zune brand, is expected to ship by year's end and represents a fundamental shift for the Redmond, Wash.-based software giant.
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BUSINESS
March 20, 2008 | Michelle Quinn, Times Staff Writer
Consumers might have the option to pay a higher price for iPods and iPhones in the future and get unlimited access to a music library, according to record industry executives who say they have had preliminary conversations with Apple Inc., the manufacturer of those devices. That would mark a change in strategy for Apple. A year ago, Chief Executive Steve Jobs said he didn't believe most consumers wanted to rent their music and that Apple had no plans to offer a music subscription service.
BUSINESS
August 30, 2008 | Michelle Quinn, Times Staff Writer
Napster Inc. has struggled to catch the ear of enough customers. Now the company is out of tune with some of its big shareholders. With its stock trading at $1.34 and subscribers leaving its digital music service, the Los Angeles company is facing a proxy battle with three investors who together own about 1.5% of the company. They each want a seat on the board and are pushing Napster's management to turn around its stock slump or pursue a sale. The company, which bought its name from the defunct file-sharing network, said Friday that it was continuing to look for suitors through UBS Investment Bank.
BUSINESS
September 22, 2007 | Martin Zimmerman, Times Staff Writer
Digital music, Bluetooth-enabled cellphone, text messages you can hear -- all in one integrated package. The latest pricey gadget from Apple? Nope, it's the latest car from Ford Motor Co. The automaker, in partnership with Microsoft Corp., is rolling out what it hopes will be a game changer in the world of mobile connectivity.
ENTERTAINMENT
November 19, 2012 | By Randall Roberts, Pop Music Critic
The digital music world is a bit louder this morning. AC/DC, the Australian hard rock band whose heavy metal thunder has never been available for legal download, has stepped into the 21st century and released its music through iTunes, the band announced Monday morning. After years of stubbornly arguing that iTunes was, in the words of singer Brian Johnson, “going to kill music if they're not careful,” the band reached a deal with the company to sell its entire catalog -- 16 studio albums, four live albums and three compilations -- through the service.
ENTERTAINMENT
February 26, 2013 | By Randy Lewis
When is 13 a lucky number? When it's the number of years it's taken for the music industry to post its first yearly increase in global recorded music sales, which is what happened in 2012, according to new figures from the International Federation for the Phonographic Industry . The group's annual Digital Music Report , issued Feb. 26 in London, noted that overall music sales rose from $16.2 billion to $16.5 billion, or 0.3%, from 2011...
BUSINESS
June 30, 2008 | Michelle Quinn, Times Staff Writer
Rhapsody America, the Web's top subscription-based music service, plans to open a digital download store today, becoming the latest company to challenge the dominance of Apple Inc.'s iTunes. Like other recent challengers -- and unlike iTunes -- the Rhapsody MP3 store will feature songs that aren't constrained by anti-copying measures. The four major record labels will provide Rhapsody such songs, which work on any digital music player and can be copied an unlimited number of times.
BUSINESS
October 3, 2008 | Michelle Quinn
A sigh of relief could be heard in digital music land Thursday as the federal Copyright Royalty Board left unchanged the rate for royalties paid to songwriters and publishers for CDs and digital downloads. The ruling is the first time that the board formally set the digital download rate. Previously, because there was no formal rate for downloads, companies such as Apple Inc. had used the CD rate -- a 9.1-cent payment to the songwriter and/or publisher for every track sold through iTunes and other download stores.
BUSINESS
May 30, 2012 | By Salvador Rodriguez
Apple Inc. has acquired a small Italian start-up that specializes in digital music editing, according to an Italian blog. The Cupertino, Calif., tech company purchased Redmatica , a small start-up whose most notable software is Keymap Pro, according to Fanpage . In all, the company has four software products.   Apple has not officially confirmed the Redmatica takeover, but Fanpage includes a document from an Italian communications regulator that appears to back up the report.
BUSINESS
May 8, 2007 | Alana Semuels, Times Staff Writer
After the Beatles arrived on the scene, Frankie Avalon, whose hit "Venus" was the last No. 1 song of the 1950s, watched sadly as fans ditched syrupy pop for rock 'n' roll. "I figured that was over," the 66-year-old crooner said about his recording career. Avalon went on to star in movies of the beach party genre. His music was relegated to discount bins in record stores and the playlists of oldies stations.
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