Net Music Makers acquires My Virtual Band
The website will allow bands and solo artists to create personalized websites, join a band, collaborate, and mix tunes. The new site will also provide a multi-channel internet radio station to showcase original songs.

iTunes sales ‘collapsing’
While the iTunes service saw healthy growth for much of the period, since January the monthly revenue has fallen by 65 per cent, with the average transaction size falling 17 per cent. The previous spring’s rebound wasn’t repeated this year.

iTunes sales NOT collapsing
Apple’s music sales, according to Forrester’s sample, fell 65 percent in the first six months from the previous year. Not through December, through June.

Either way,
Are blanket licenses in our future?
A blanket license for digital music, now being considered by labels (big and small), songwriters and performers, gives you the right to exchange music freely over computer networks – for a small fee. The pool of money is then divided up according to the exchanges …