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St. Vincent & Opinions on Maxwell

Music News

After a two-year battle, a web royalty agreement has been reached that won't put webcasters out of business. In 2007 the copyright royalty board ruled that webcasters needed to pay a fee of 0.08 cents each time a listener streamed wa song which would increase annually to 0.19 cents in 2015. That would've bankrupted many web music services like Pandora Radio. Now, large webcasters must pay 25 percent of total revenue.

Michael Jackson's death is still making big news this week. Friends and family hosted a memorial tribute to the late“King of Pop”on Tuesday. And Jackson's music continued to dominate the charts. In fact sales went up 90% with 800,000 albums sold. As Jim and Greg explain, this will go down as the last great week of physical album sales. And the good news continues for music retailers– a CD and DVD of both the memorial show and his tour rehearsals will be released this year.

A few weeks ago Jim and Greg talked about Trent Reznor's involvement with heart patient Eric De La Cruz. Reznor asked Nine Inch Nails fans to donate money toward a heart transplant in exchange for VIP access, special tickets and more. Unfortunately De La Cruz died last week before a transplant could take place.

In other Nine Inch Nails news, final tour dates have been announced for Los Angeles, Chicago and New York. As Reznor explained to Jim and Greg during their recent interview, this will be the last go-around for Nine Inch Nails, but certainly not the last of his music.