After four years of recriminations and in-fighting between executives from Sony Music and executives from BMG Music Entertainment, Tokyo-based Sony Corp has decided to end the mutual pain of a controversial merger and take full control of Sony BMG.
It was Nintendo’s turn to play a little music. Following on the heels of popular music genre games like Rock Band and Guitar Hero, Nintendo showed off Wii Music at its E3 press conference. Here’s a quick video — shot by our video games reporter Kemp Powers — of Nintendo executives, including legendary game designer Shigeru Miyamoto , playing the Mario theme song. (Hint: Miyamoto is the short Japanese man.)
Watch out Steve! MySpace is days away from unveiling a site that actually may give Apple’s iTunes some competition in the digital music space.
Sources familiar with the matter tell Reuters that a joint venture between MySpace and at least three major music companies offering music streaming, MP3 downloads, concert tickets, ringtones and merchandise is just days away.
Sony BMG Music, Universal Music Group and Warner Music will have a stake in the venture they hope will take a bite out of Apple’s grip on their industry. It’s unclear if EMI Group, the fourth-largest music label, will be involved.
The labels have been talking for weeks with News Corp’s MySpace, but a 2006 copyright lawsuit by market leader Universal against MySpace has been a sticking point. Imagine a music company suing over copyright! One source said that suit could be settled in time for the announcement.
It’s not clear when MySpace Music would be launched.
All the companies either declined to comment or were not immediately available.
Long singing the blues over Apple’s strong-armed pricing tactics, some big labels have refused to sign long-term deals with iTunes, now the No. 2 music retailer in the U.S.
Will MySpace Music hit a chord with Steve Jobs, who may finally need to change his tune to sweeten the pot for the record companies?
The Live Nation touring and merchandising agreement with supergroup U2 could be worth $100 million estimates one Wall Street analyst.