Word: cds
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...caught me off guard at first: as a member, you order up used CDs for $1 a pop (plus 49 cents in postage). How can that sustain itself? I asked. The answer is La La?s twist on the Golden Rule: "The number of CDs you receive will depend on how many CDs you ship to other members...
...Beta testers are already getting active on the site, which looks like a cross between MySpace and a collection-listing spot like DVD Aficionado. You search for artists, album names or song titles, then list the CDs you encounter as ones you have or ones you want. Listing a CD that you have doesn?t mean you? re prepared to send it to another member. Still, the more CDs you list, the more you?ll find people hankering for your discs. Once you start sending them along - using La La?s Netflix-style preprinted mailing envelopes - the discs...
...didn't hear a problem with stereo separation. Things were as spread as they can be in a single unit. The only thing buyers needs to be wary of is that the files on their iPods - not necessarily iTunes purchases, but perhaps songs downloaded elsewhere or ripped from CDs - might sound worse, because the imperfections of their compression will be revealed...
...signed with her. In February 2002, EMI issued another profit warning. Record sales were clearly not recovering. A month later, it announced a restructuring plan to trim $175 million in costs. That process included cutting 1,800 jobs and getting out of the business of manufacturing and distributing CDs. "It was a tough time," Rose says. And it left employee morale shaky. EMI never flirted with bankruptcy, because its operating cash flow remained strong. Indeed, EMI's share price inched up to $5.30 around the time of the reorganization. But the financial community lost confidence in the music business...
...British go cuckoo for Cocoa Puffs over any native band that can gin up three chords and an attitude. The latest kings of England are the Arctic Monkeys, four lads who got guitars for Christmas in 2001, mastered them quickly, toured the country and handed out home-burned CDs of songs that were then uploaded to the unsigned-band portal MySpace.com Their following metastasized to the point that the band sold out the famed London Astoria last year on word of mouth. When a record-company bidding war ensued, the Arctic Monkeys signed with independent label Domino for a tidy...