Quantcast

UMG MAY COMBINE FARMCLUB, GETMUSIC

Hmm, Would You Call That FarmMusic? GetClub? ClubMusic?
While Universal Music Group negotiates to buy out BMG's portion of GetMusic.com, speculators are speculating that the company may consider merging the music site with Farmclub.com.

According to Variety, industry watchers noted that a Farmclub/GetMusic consolidation would make strategic sense. Firstly, the overlap of services is minimal, since GetMusic deals primarily with information and downloads from signed artists where Farmclub showcases unsigned talent or upcoming bands signed to its in-house label.

The combination—likely to be conditional on a successful conclusion in the BMG buyout talks—could also help the two sites improve their financial situations by cutting costs and playing to the strengths of each.

Said one industry insider quoted by Variety, "They've lost a ton of money on both, so it might not be such a bad idea [to consolidate]."

GetMusic.com was a 50/50 venture funded by UMG and BMG.

NEAR TRUTHS: SPRING BLOOMS
Here come the big guns. (3/28a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
CITY OF HOPE TAPS MARCIANO FOR TOP HONOR
This year's philanthropic model (3/28a)
TRUST IN THE TOP 20
Hip-hop is no longer hibernating. (3/28a)
UMG BROADENS SPOTIFY OFFERINGS
Sir Lucian and Daniel are in harmony. (3/28a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)