Music News Bulletin - 23/12/08

Amazon MP3 fuels indie gloom: Not exactly retail therapy 5th December 2008
"Do you remember when the internet was supposed to "empower" new businesses, sweep away cartels and monopolies, and give a voice to the little guy? Well, unless you view increasing concentrations of power as a good thing, this week has been a bad one for the music economy.

Amazon finally launched its MP3 download service in the UK on the Wednesday, stealing the headlines with cheap deals. Yet popular acts who chose to opt out of the major label system received a kick in the teeth, with the front page carved up between the majors. Best-selling acts such as The Arctic Monkeys and Franz Ferdinand (both signed to PIAS group label Domino) are nowhere to be found." [TheRegister]

Amazon launches music downloads: The online bookseller has branched out into digital music sales
"Online retail website Amazon has launched a UK music download service. Amazon MP3 will sell tracks from 59p and albums from £3. The new music store will offer more than 3 million songs that will work on any digital music player, including Apple's iPod. The move puts Amazon in direct competition with Apple for a stake in the growing market of online music sales, which in Britain alone was worth an estimated £163m in 2007." [BBC]

Rumor: Music labels want to create Hulu for music videos Dec 23rd 2008
"There's been a lot of buzz over the last few days about how all of Warner Music Group's music videos have gone missing from YouTube. Now Alley Insider reports that Warner, BMG, EMI, and Universal are talking about building their own site for music videos.

The idea would be to create a single destination where be able to find music videos from popular artists. There's some reason to think the site could work. After all, Hulu has become one of the top destination for online video by providing full length, ad-supported streaming episodes of TV shows and movies with the cooperation of several major networks and studios." [DownloadSquad]