edgar bronfman jr

Silver lining for music fans in Lime Wire case

Fate smiled on Mark Gorton this week.

The founder of file-sharing company Lime Wire agreed on Thursday to pay $105 million to the Recording Industry Association of America to settle a 5-year-old copyright case. Sure, that's a lot, but consider that the settlement figure is equal to only 7 percent of the $1.4 billion the RIAA sought.

This is likely the final chapter for LimeWire, after 10 years in operation. The two sides agreed to settle a year to the day after U.S. District Judge Kimba Wood ruled that Gorton was liable for willful copyright infringement. Later, Wood ordered that the LimeWire peer-to-peer network be shut down. The financial agreement between Gorton and the labels came amid a jury trial to determine how much Gorton would have to pay in damages.

For fans of cheap, easy-to-obtain music, a few modest reasons for hope sprung up during the two-week-long damages trial.

Edgar Bronfman, CEO of Warner Music Group, one of the four largest record companies, said under oath that he supported the unbundling of music. You might be saying to yourself: "So what?" People have had access to unbundled music for a decade now, thanks to services like iTunes and, yes, LimeWire. All I can tell you is that there are plenty of decision makers at the labels who believe the industry won't recover until consumers are buying albums again. … Read more

Spotify crashes into Apple on way to U.S.

These are some swinging Swedes, the guys at Spotify.

Founded in Stockholm in 2006, Spotify is is an online streaming music service that has already conquered Europe with the help of a revolutionary desktop service and now desperately wants to make the jump to the United States.

And it's probably safe to say many American music fans want that to happen too. Yet, despite immense anticipation for the service here, the company has already failed to meet two promised launch dates. The new self-imposed deadline is for the end of the year. Spotify managers say that by then they'… Read more

Was Spotify too optimistic about U.S. launch?

Spotify CEO Daniel Ek last week offered crowds at a tech conference in Los Angeles a glowing report about launching an ad-supported music service in the U.S.

Ek, who founded the site that has wowed Europe and ignited huge anticipation in the U.S., told the audience the launch was "looking pretty good." He told Billboard later that Spotify's preparations were "in the final stages." Well, Daniel Ek meet Edgar Bronfman Jr.

Bronfman, CEO of Warner Music Group, one of the four largest record companies, doesn't appear to be bullish on the idea … Read more

An obituary for the major labels

Update, 3/24: An SXSW organizer contacted me to let me know that the show included 14 panelists from major labels, as well as 20 panelists from independent labels. The truth remains that I didn't see, hear, or meet any--but of course I couldn't attend every panel. I've corrected the post accordingly.

Almost a year ago, I posted about how two executives from major Web companies had taken new positions related to digital music: Douglas Merrill left Google to become EMI's president of digital operations, and Ian Rogers left Yahoo Music to become the CEO of … Read more