Despite the global recession, revenues from streamed mobile music services and full-track downloads are expected to exhibit strong growth over the next 5 years, according to a new report from Juniper Research. Combined revenues from these services are expected to more than double from $2.5 billion in 2009 to nearly $5.5 billion in 2013.

The report, however, found that those music services launched using an ad-funded model face a potential shortfall of as much as 50% to reductions in ad budgets. "...we’re now seeing a surge in the adoption of more sophisticated offerings. Recent positive developments, such as Apple announcing that iPhone customers can use the 3G network to download full-tracks, will offer a further stimulus to growth...."

Full Story Here...Mobile Music $'s To Hit $5.5B

"....According to Azoff, the declines in the CD sales have been particularly alarming, most notably in regards to back catalog sales. "Recorded music, which used to be the biggest revenue source, is down to less than 6% [of total revenue for major artists]." Recorded music, Azoff noted, has become more of a marketing tool for live touring than a the primary product...."

"...Azoff also talked about the changing dynamic of the music industry, describing it as a "demonetization" of the business. Azoff, also a manager for acts such as The Eagles and Christine Aguilera, described artists walking into his office, "who used to make $300,000 to $500,000 a year in royalties [via recorded music]. And now that’s diminished to less than $50,000" .....

Full video Interview here... Ticketmaster Entertainment CEO Irving Azoff

3 IMA artists, Richard Julian,
Amy Speace and Kristy Kruger who will share their stories and songs on stage at Symphony Space, home of the popular NPR/Public Radio International series, Selected Shorts.

The evening will be hosted by the legendary Anthony DeCurtis
(Rolling Stone) and streamed live on UStream.tv and on other Internet sites for millions of online viewers.

A pre-show party and networking event sponsored by X-Rated Fusion Liqueur will be held at the adjacent unWINEd Café; and a goody bag packed with swag – including promo CDs from labels that have submitted to the newest IMA category – Indie Label Promo CD Compilations – will be distributed to industry, press and music fans.

Of course you’re all invited – learn how to get your VIP tickets here