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.
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
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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!
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