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Pirate Bay Founder Will Sue The Recording Industry For A Change

Last week the Helsinki District Court decided that Peter Sunde, one of the co-founders of file-sharing portal The Pirate Bay, owes quite a bit of money to the music industry. Specifically, he owes a coalition of Sony Music Entertainment, EMI, Universal Music and Warner Music $US400,000 ($533,429), as reported by Torrent Freak. His response? No, screw you.

1% Of Recording Artists Earn 77% Of Recorded Music Revenue

Thanks to the internet, there are now more ways than ever to get music. But this hasn’t allowed smaller artists to get a bigger share of the financial pie. In fact, the top 1 per cent of artists now collect 77 per cent of all revenue from recorded music.

The World Wide Web Doesn't Revolve Around You, Music Industry

It’s always nice when family has your back. So it should come as a great relief to hear that Tim Berners-Lee, father of the internet, opposes recent controversial web freedom-limiting legislation such as SOPA and PIPA.

Amazon Now Trying To Get Licensing Deals With Record Labels

From thinking they don’t need licensing deals, to “aggressively courting” the big record labels, Amazon’s change of heart on the Cloud Player storing/streaming issue will likely cost them dear. After all, it’s not like the labels will be responding nicely to their calls, after effectively setting up a streaming service to rival their own (in Sony Music’s case, anyway.)

John Mellencamp: Internet Has "Destroyed The Music Business"

Not only has it destroyed the music business, but “it’s going to destroy the movie business” too. Obviously the aging rocker has a new album he’s pimping out (and headlines he’s trying to grab), but the atomic bomb? Really, Mellencamp? [Reuters]

Pink Floyd Albums Removed From Digital Stores

Selling individual tracks online is not the only thing Pink Floyd has been raging against recently. The band has removed several albums from iTunes, Amazon, et al, due to EMI’s contract expiring at the end of June.

Music Downloads And Streams In Cold, Hard Dollars

Just how much moolah do musicians earn from online downloads and streams? For the artist to earn the US minimum wage ($1160/month), they need 12,339 iTunes downloads or 849,817 streams on Rhapsody.

EMI Is On The Brink Of Death

The number of major record labels seems set to drop to a mere three, as EMI has failed to make a deal for North American distribution rights with either Universal or Sony.

Record Labels: Change Or Die

It’s a lousy time to be a record label. Profits are tanking, bands are angry – OK Go just ditched EMI – and YouTube and BitTorrent changed the game. Still, some labels are transforming themselves to help musicians in the digital age.

Pink Floyd Wins Legal Battle To Only Sell Full Albums Online

If any band could justify not selling individual tracks, its Pink Floyd. What, you just want Summer ’69 but not Atom Heart Mother Suite? Come on. Now, you won’t have that option.

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