Sara Bareilles claimed the number one spot on the Billboard 200 as her second album, "Kaleidoscope Heart," moved 90,000 copies in its debut week to grab the top spot. Bareilles' first major label album, 2007's "Little Voice," entered the charts at number 45, selling only 16,000 copies, but built to platinum status from there.
Two months after Apple edged past Microsoft to become the world's most valuable tech company, it's approaching another milestone: Apple's quarterly sales could top Microsoft's, for the first time ever.
If you watched the Grammy Awards Sunday night, it would appear all is well in the recording industry. But at the end of last year, the music business was worth half of what it was ten years ago and the decline doesn't look like it will be slowing anytime soon.
Susan Boyle's dreams continue to come true. The singing sensation who emerged from obscurity on "Britain's Got Talent" is topping the charts, selling the most albums of any artist in a single week this year with the largest ever sales debut for a female artist.
In his compact New York City office, Anthology Recordings owner Keith Abrahamsson sits at his computer examining a list of recent customers. It seems that Monika from Denmark just spent $29.94 on three albums from his label, including Inside the Shadow by Anonymous. "That's an amazing record," he says, nodding approvingly. "I feel honored to work with a record like that."
Myspace founders Chris DeWolfe and Tom Anderson have had an uneasy relationship with the music industry. Nearly every music act has a MySpace page; some of them, like British pop diva Lily Allen and American psychedelic-funk purveyor Gnarls Barkley, have used the social network to become stars. But two years ago Universal Music Group discovered unauthorized songs from U2 and Jay-Z on MySpace and sued the site in federal court.
Far be it for any mortal to tell Steve Jobs how to flog his world-beating iPod music machine, but here's one humble suggestion: consider reviving the old Pantene Shampoo slogan: "Don't hate me because I'm beautiful."
Gary Scotti has his good weeks and his bad weeks. Lately, there have been more of the latter. The owner of Scotti's Record Shops, the nation's oldest independent record store chain, has been whipsawed by the changes in the music industry.
Starbucks Corp. plans to give away 50 million free digital songs to customers in all of its domestic coffee houses to promote a new wireless iTunes music service that's about to debut in select markets.
When a European court last week voted to annul the 2004 marriage that created Sony BMG out of the music divisions of Sony and Germany's Bertelsmann, investors quickly concluded that the ongoing courtship between Warner Music Group and Britain's EMI would never happen. Warner's stock sold off 16 percent on the news.
The news hit me like a John Bonham bass-drum kick to the gut: Record labels want to raise the wholesale prices of songs on downloading sites like iTunes, Napster, and Yahoo! MusicMatch, according to a report in Monday's Financial Times.
The Motion Picture Association of America is set to follow the lead of the music industry and start filing lawsuits against individuals who it charges are illegally trading digital copies of movies, according to a published report.