Online spending for the first 42 days of the November–December 2011 holiday spending season has reached $26.8 billion, up 15 percent compared to the corresponding days last year, and online spending for the week ending Dec. 11 totaled $6.1 billion, also up 15 percent compared to last year, according to a comScore report.
Social media property Myspace drew 30.5 million unique U.S. visitors in September, down 7.6 percent from 33 million in July, according to figures released by comScore.
Independent rights agency Merlin Network and YouTube have reached a global licensing deal in which Merlin's member labels will be compensated when their official videos or user-generated videos are played, according to a Billboard.biz report.
Sony Music Entertainment has let go approximately 20 employees primarily from the sales and business affairs departments, according to sources reported by Billboard.biz.
Total viewing sessions for music video site Vevo, a joint venture between Universal Music Group, Sony Music Entertainment and Abu Dhabi Media Company, increased 198 percent to 11.62 million per day in May, up from 3.9 million per day in January, according to a new report from comScore.
