Industry Experts Say Music Streaming, Vinyl Not Competitors

Although streaming may be hastening the end of the CD, it’s actually helping sales of vinyl. The Recording Industry Association of America (RIAA) reported this year that 75 percent of the music revenue in the country comes from streaming services such as Apple Music and Spotify. At the same time that CD sales have plummeted, vinyl sales have risen $2 million per year over the last three years. At a Making Vinyl conference in Detroit, experts said that streaming and vinyl are not competitive, but rather complementary. Continue reading Industry Experts Say Music Streaming, Vinyl Not Competitors

Best Buy to End CD Sales, While Target Adjusts Sales Model

Physical CDs are still selling well, although the U.S. has seen sales down by 18.5 percent. But Best Buy and Target have just taken steps that may hasten the demise of physical media. Best Buy, which was once the biggest music seller in the U.S., has told its music suppliers that it plans to pull CDs from its stores on July 1. The company will continue to carry vinyl records for two years, fulfilling a promise made to vendors. Meanwhile, Target is now telling music suppliers it will sell CDs on a consignment basis. The move would also impact sales of movies, TV shows and other video content on DVD. Continue reading Best Buy to End CD Sales, While Target Adjusts Sales Model

House Passes USA Freedom Act to Curb NSA Surveillance

Late last week the House overwhelmingly passed legislation that is intended to bring an end to the National Security Agency’s bulk phone records program. The USA Freedom Act is designed to restrict the federal government’s ability to collect records about citizens in bulk, a program that had sparked debate regarding privacy and civil liberties. The House voted 303-to-121 in support of the USA Freedom Act, which could signal a change in how both political parties view the power of the NSA. Continue reading House Passes USA Freedom Act to Curb NSA Surveillance

Screenvision, SoundHound Connect Mobile Users to Cinema Ads

Cinema ad network Screenvision announced this week that it is launching a new mobile engagement platform created in partnership with audio recognition leader SoundHound. Levi’s and Warner Bros. Records will be among the first brands to participate as advertisers. The partnership will help marketers target moviegoers with mobile ads tied to Screenvision’s pre-show programming on cinema screens. SoundHound’s audio recognition tech will be used for mobile devices to unlock related content from the Web. Continue reading Screenvision, SoundHound Connect Mobile Users to Cinema Ads

Poll Suggests Consumers More Cautious Online Post Snowden

According to a new survey from Harris Interactive, a significant number of consumers are being more careful with online activities in the year since Edward Snowden revealed information about NSA phone and Internet surveillance. Among the poll’s findings, Harris learned that 33 percent of those 18 to 34 said they were doing less online shopping, 29 percent of people in the same age group said they had reduced online banking activity, and 24 percent of overall respondents explained they were “less inclined to use email.”

Continue reading Poll Suggests Consumers More Cautious Online Post Snowden

Government Defends NSA Program that Collects Phone Data

According to a secret document obtained by The Washington Post, the National Security Agency and the FBI are accessing the central servers of nine U.S. Internet companies through a program code-named PRISM. The agencies are reportedly tracking chats, images, emails, documents and connection logs that assist analysts in identifying foreign threats. The federal government defends the program, while some civil liberties proponents are skeptical. Continue reading Government Defends NSA Program that Collects Phone Data

Supreme Court Rules it is Legal to Sell Imported Textbooks

The Supreme Court issued a pair of decisions last week that could have a significant impact on digital publishing and copyrighted products. The first ruling makes it potentially easier to import and sell textbooks from abroad, following a lawsuit involving a college student who was importing cheaper textbooks and selling them for a profit. The second decision makes it more difficult for plaintiffs in class-action suits to stay out of federal court. Continue reading Supreme Court Rules it is Legal to Sell Imported Textbooks