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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: CDs

CDs stories: 16 news summaries

Sorry, FDIC Can't Guarantee Interest on That CD 

When selling failed banks, Feds allow buyers to slash expected payout

Nov 4, 09 9:38 AM CST
(Newser) - There’s a little-publicized part of your bank deposit the FDIC doesn’t insure, and it’s driving scrupulous savers up the wall. The logic is simple enough: When the FDIC takes over a failed bank and resells its assets, it allows buyers to alter interest rates, particularly on CDs.... More »

MORE ABOUT:
CDs • certificates of deposit • FDIC • bank failure • interest rates • assets • life savings

music review

 Beatles Remasters 
 Pack a Wallop 

CDs showcase Fab Four as they were meant to be heard

Sep 8, 09 1:40 PM CDT
(Newser) - The Beatles just got better: every one of their original albums and a batch of collected singles has been remastered, boosting the quality to the level “the Beatles themselves would have heard and intended,” writes Matt Hurwitz in the Washington Post. The stereo CDs remind us that the... More »

MORE ABOUT:
music • Paul McCartney • John Lennon • CDs • Beatles • George Harrison • album release • Ringo Starr • rock music • music review • album • remastering • Jay-ZTV

(Newser) - Atlantic Records has become the first major label to pass a high-tech milestone: More than half of its music sales are now from digital products such as iTunes downloads and ring tones for cell phones. Sales of CDs have been declining across the board in recent years, so it was... More »

MORE ABOUT:
music industry • CDs • digital music • Warner Music • Atlantic Records • record label

Banks Boost Interest Rates to Lure Deposits

'Price war' increases pressure on profit margins, loan funds

Nov 14, 08 11:03 AM CST
(Newser) - Banks are boosting interest rates on deposits in an effort to increase the supply of cash available for lending, resulting in what one consultant calls a "national price war," the Wall Street Journal reports. Many banks are pinched between the desire to build up deposits and the shrinking... More »

MORE ABOUT:
Ben Bernanke • Citigroup • CDs • interest rate • certificates of deposit • federal funds rate • commercial banks

 Even Money Market 
 Funds Are Risky 

Even 'safe' money markets show their soft underbellies in today's market

Sep 18, 08 10:49 AM CDT
(Newser) - As one safe haven after another disappears—from money market funds to stock investments—financial advisers are telling consumers to take a more active role in their planning, reports the New York Times. But first, do your homework and understand what you’re investing in, experts say. More »

MORE ABOUT:
investing • CDs • mutual funds • money management • securities • financial crisis

 As Digital Gains,
 Album Sales
 Plunge 11% 

Music biz turmoil as CDs plummet

Jul 3, 08 6:35 AM CDT
(Newser) - CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the last 12 months and total... More »

MORE ABOUT:
music industry • Universal Music Group • CDs • EMI • digital music • Warner Music • Madonna • Target • Best Buy • Lil Wayne • Coldplay • Virgin Records • Usher • Mariah Carey • album sales • Nielsen SoundScan • Leona Lewis • Danity Kane • Lenny Kravitz • Jack Johnson

Wal-Mart Looks for Better Return on CDs

Uber-retailer plans to trim selection of artists, titles

Jun 9, 08 11:49 AM CDT
(Newser) - As the country's leading brick-and-mortar CD seller, Wal-Mart occupies a special place in the music industry, earning perks like exclusive releases of CDs by bands like Journey and, soon, AC/DC. But with sales of physical CDs in freefall, even Wal-Mart is considering cutting the number of titles and artists its... More »

MORE ABOUT:
music industry • music downloads • CDs • iTunes Store • Wal-Mart • AC/DC • Journey

Musicians Plug Upgrades
to Flat-Sounding Digital

'Unacceptable quality compromises' key move to improved downloads, CDs

Jun 4, 08 7:23 AM CDT
(Newser) - Musicians dissatisfied with the sound of digital media are releasing albums as higher-quality downloads, on high-definition DVDs and even on vinyl, USA Today reports. Last year, Amazon and iTunes agreed to boost the quality of their MP3s, but some groups are using even better versions to eliminate what Neil Young... More »

MORE ABOUT:
music • music downloads • CDs • quality control • Neil Young • MP3s • vinyl

 Files May Be Fleeting 

As formats change, your digital data could be endangered

Apr 7, 08 1:29 PM CDT
(Newser) - Cuneiform tablets have kept information safe across millenia, but hard drives have lifespans of just a few years. Even if your CDs survive the century, their players might have become obsolete, warns the Boston Globe. "Who knows how long they're going to last—how much time before the information... More »

MORE ABOUT:
DVD • CDs • book • information technology • digital storage • cassette tape • digital media • obsolete technology

iTunes Store Now No. 2
Music Retailer

Apple's baby takes
back seat only
to Wal-Mart

Feb 26, 08 3:00 PM CST
(Newser) - iTunes is the world's No. 2 music retailer, a ranking that includes stores that sell CDs. The reason is a combination of a modest increase in digital music sales and a sharp dive in CD sales, so the news isn't much to celebrate for the music industry. And kids are... More »

MORE ABOUT:
music downloads • iTunes • CDs • digital music • iTunes Store • Wal-Mart

Record Industry Changes Tune on Copying CDs

Industry argues
CD ripping for
personal use is illegal

Dec 30, 07 6:25 AM CST
(Newser) - The recording industry has argued in a court brief that individuals who copy music from CDs for personal use are breaking the law, the Washington Post reports. The claim by the Recording Industry Association of America is a dramatic rejection of what had long been considered a Fair Use right... More »

MORE ABOUT:
music • copyright • CDs • RIAA • download

Kanye Prevails in Battle of the Hip-Hop Stars

It's still early, but Graduation is outselling
50 Cent's Curtis

Sep 12, 07 10:52 AM CDT
(Newser) - In the much-hyped battled between two music titans, early sales indicate hip-hop fans are going West. Kanye West’s latest album, Graduation, has been outselling rival 50 Cent’s Curtis—by 2 to 1 at one Hollywood store, the LA Times reports—since the two went on sale yesterday.... More »

MORE ABOUT:
50 Cent • Kanye West • Virgin • CDs • musician • hip-hop • music sales • album release • Newbury Comics • Curtis • graduation

Connie Francis Battles Family for Suicide
Fan's Bequest

Obsessed woman left singer $300K

Aug 20, 07 2:08 AM CDT
(Newser) - An obsessed female fan of Connie Francis put $300,000 in assets in the Sixties singer's name—then shot herself days later. Now Francis, known for her old hits "Who's Sorry Now"  and "Where the Boys Are," is suing the fan's family to collect the money.... More »

MORE ABOUT:
CDs • Connie Francis • musician • Patricia Nilson • Gerald Nilson • St Jude Children's Hospital

The CD Turns 25

Wired salutes the 'obsolete form of optical media,' which turns 25 today

Aug 17, 07 5:06 PM CDT
(Newser) - The compact disc, which Wired calls an "obsolete form of optical media," has been spinning for 25 years today, according to a press release from Philips. The first disk, a recording of ABBA’s “The Visitors,” was produced in Hanover, Germany in 1982. A stunning 200... More »

MORE ABOUT:
music • compact discs • Sony • CDs • Philips • digital music • data storage

Radio Should Pay to Play, Artists Argue

Music industry wants
to start collecting AM, FM royalties

Jul 5, 07 6:26 PM CDT
(Newser) - It's time AM and FM radio broadcasters started paying for the music they play, a group of music industry types has decided. They're lobbying Congress to amend the federal law that has exempted terrestrial radio from paying artists' royalties for nearly a century, Business Week reports.   More »

MORE ABOUT:
music • radio • satellite radio • music industry • Recording Industry Association of America • House Judiciary Committee • CDs • royalty • royalties • RIAA • MUSICfirst coalition • terrestrial radio • mp3 • web radio • podcast • singers • digital downloads • artist • musician

CD Sales Drop 20%

Mar 21, 07 11:33 AM CDT
(Newser) - CD sales plunged more than 20% in the first quarter of this year compared to the same period last year, and online music sales didn't come close to making up the difference. Closing stores, weak albums, and over a billion songs shared illegally every month combined to deliver the sharpest... More »

MORE ABOUT:
music • music industry • music downloads • compact discs • brands • consumer • CDs • merchandise

16 Stories


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