Category archives: eMusic

7Digital Flirts With Bankruptcy, eMusic Makes $1.6M Bet

B2B digital music services provider 7Digital is flirting with administration, the UK equivalent of bankruptcy, after investors rejected a plan to issue more shares for cash which the company says its needs to survive. 7digital Group Plc is a publicly traded digital music and radio services platform. 7digital offers both…

eMusic token sale for blockchain-based platform opens to public

Funds from the token sale will be used for development of the eMusic Blockchain project
The post eMusic token sale for blockchain-based platform opens to public appeared first on Music Business Worldwide.

eMusic Blockchain Token Sales To Launch, Despite Ongoing Payment Problems

Indie digital music retailer eMusic will open the sale of its eMU Tokens to the public outside of the U.S. on Monday. November 26. The tokens are part eMusic’s blockchain project that could be hampered by its ongoing payment struggles that have seen a number of major and independent labels…

Naxos Joins eMusic Exodus Over Non-Payment

Classical music powerhouse Naxos of America today joined a growing list of labels and distributors pulling it’s 1.8 million track, 80,000 album owned and distributed catalog from eMusic due to " continued non-payment, as well as non-reporting." Naxos of America issued this statement: “The decision to remove our content from…

eMusic Payment Problems Continue, More Labels Exit

More labels and distributors are pulling and keeping their music off the eMusic download store over late or non-payments. In July, we reported that Sony owned indie distributor The Orchard informed its labels that it was pulling all music down because they had "failed to receive payments." Music distributed by…